Registering a CAGR of 6.7% over the forecast period, the market value of Microtomes is expected to reach US$ 590 million in the year 2027.
A microtome is a specialized precision tissue sectioning instrument that is used to cut uniformly thin slices of biological samples obtained from plants and animals. It is made up of specialized blades made of metal, glass, or diamond for various specimens and sample thicknesses. The expansion of this market is primarily due to the rising prevalence of oncology cases as well as the high demand for cancer screening. However, one of the challenges that may impede the growth of this market is the lack of skilled professionals.
The increasing prevalence of chronic diseases, rising geriatric populations, and growing commercial availability of high-quality diagnostic technologies in developed economies all contribute to the growth of the microtome market. The increasing number of clearances and product launches by key players in the microtome market is likely to be a positive factor for the microtome market's growth in the near future. Increased healthcare spending among people, driven by increased awareness of the benefits of early diagnosis, as well as an increase in routine tissue examinations and biopsies, will drive microtome market growth in the coming years. Furthermore, new product innovations and technological advancements brought about by key industry players' R&D investments and activities will drive market demand in the coming years.
The report aspects discussed the profile of the top manufacturers of the global Microtomes market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Microtomes Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Microtomes includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include AGD Biomedical Pvt Ltd, Amos Scientific Pty Ltd, Boeckeler Instruments Inc, Leica Biosystems Nussloch GmbH, LLS ROWIAK LaserLabSolutions GmbH, MEDITE GmbH, MICROS Produktions- und HandelsgesmbH, Sakura Finetek Europe B.V., SLEE medical GmbH, SM Scientific Instruments Pvt. Ltd. and Thermo Fisher Scientific Inc. and others.
Rotary Microtome Solutions Improve Pathology Lab Sectioning Quality and User Safety
31 May 2018— Leica Biosystems has expanded its line of histology equipment and consumables with the addition of a new family of Rotary Microtomes. The HistoCore BIOCUT, HistoCore MULTICUT, and HistoCoreAUTOCUT clinical microtomes are among those available. Each instrument provides high-quality sections and ease of use, as well as enhanced user safety.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The advantages provided by microtomes in histopathology practices are expected to drive the growth of the microtomes market. Microtomes are used in clinical and diagnostic research laboratories, as well as industrial labs, to obtain routine paraffin sections and plastic-embedded specimens, high-quality sections with less fatigue, and to ensure safety, reliability, and consistency of results. This has created a significant opportunity for manufacturers to create innovative microtomes using cutting-edge technologies.
Because of the high adoption of technologically advanced diagnostic tools and high expenditure on research and development in the life sciences industry, North America is expected to hold a leading share of the global market during the forecast period. During the forecast period, Europe is expected to account for a significant share of the global market. With rising investment in healthcare infrastructure in emerging markets such as China and India, Asia Pacific is expected to account for a sizable share of the global market during the forecast period.
The Microtomes Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Microtomes Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Microtomes Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Microtomes Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Microtomes Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: AGD Biomedical Pvt Ltd, Amos Scientific Pty Ltd, Boeckeler Instruments Inc |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.7% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | AGD Biomedical Pvt Ltd, Amos Scientific Pty Ltd, Boeckeler Instruments Inc, Leica Biosystems Nussloch GmbH, LLS ROWIAK LaserLabSolutions GmbH, MEDITE GmbH, MICROS Produktions- und HandelsgesmbH, Sakura Finetek Europe B.V., SLEE medical GmbH, SM Scientific Instruments Pvt. Ltd. and Thermo Fisher Scientific Inc. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 125 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Microtomes Market is studied from 2017 - 2027.
What is the growth rate of the Microtomes Market?
The Microtomes Market is growing at a CAGR of 6.7% over the next 5 years.
Who are the key players in Microtomes Market?
AGD Biomedical Pvt Ltd, Amos Scientific Pty Ltd, Boeckeler Instruments Inc, Leica Biosystems Nussloch GmbH, LLS ROWIAK LaserLabSolutions GmbH, MEDITE GmbH, MICROS Produktions- und HandelsgesmbH, Sakura Finetek Europe B.V., SLEE medical GmbH, SM Scientific Instruments Pvt. Ltd. and Thermo Fisher Scientific Inc.
What regions does this Microtomes Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Microtomes Market?
Microtome Devices, Accessories
What are the major end-use applications of Microtomes Market?
Hospital Laboratories, Clinical Laboratories, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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