Microtome Market Share, Trends, Revenue, Major Players, Share Analysis & Forecast Till 2030
According to MRFR analysis, Microtome Market Share is expected to register a CAGR of 6.1% during the forecast period of 2019 to 2025 and accounts for USD 120 million in 2018.
A microtome
is a tool used to cut extremely thin sections of tissue samples. Microtomes
help in extremely fine cuts that are important for preparations used in
microscopy. Different kinds of microtomes made up of metals and glass are used
depending on the type of specimen and the desired thickness.
The growth
of the global microtome market is driven by various factors such as an increase
in the incidence of chronic disorders, increasing prevalence of lifestyle
diseases, and increasing mergers & acquisitions by prominent players in the
market. However, lack of skilled workforce is projected to hamper the growth of
the global microtome market.
The global
microtome market is currently dominated by several market players such as
Danaher Corporation, Thermo Fisher Scientific, and Sakura Finetek, among
others. Additionally, growing growth strategies adopted by market players are
driving the growth of the market. For instance, in 2018, Sakura Finetek
launched Accu-Cut SRM 300 LT, manual microtome.
The market,
based on product, has been divided into instruments and accessories.
Instruments are further sub-segmented into rotary microtomes, cryostat
microtomes, vibrating microtomes, and others.
Instruments are expected to hold the largest share, due to the commercial
availability of these systems and their high adoption rate due to ease of
handling.
Regional
Analysis
The market
has been divided, by region, into the Americas, Europe, Asia-Pacific, and the
Middle East & Africa. The Americas is expected to be the largest market
owing to the rising per capita healthcare expenditure. The microtome market in
the Americas has further been branched into North America and Latin America,
with the North American market divided into the US and Canada. The European
microtome market has been categorized as Western Europe and Eastern Europe. The
Western European market has further been classified as Germany, France, the UK,
Italy, Spain, and the rest of Western Europe. The microtome market in
Asia-Pacific has been segmented into Japan, China, India, South Korea,
Australia, and the rest of Asia-Pacific. Due to the increasing prevalence of
chronic disorders and increasing patient pool, the market in Asia-Pacific is
expected to be the fastest-growing. The microtome market in the Middle East
& Africa has been bifurcated into the Middle East and Africa.
Segmentation
The Global
Microtome Market has been segmented based on product, application, technology,
and end-user.
In terms of
application, the global microtome market has been segmented into disease
diagnosis and medical research. Disease diagnosis takes up the largest share
due to the increasing number of tissue examinations in research laboratories
and hospitals owing to rising awareness about the benefits of early diagnosis
of diseases like cancer.
In terms of
technology, the global microtome market has been segmented into manual,
semi-automated microtomes, and fully automated microtomes. The fully automated
segment held the majority share due to rising demand for technologically
advanced products and its ability to show the highest precision in section
thickness. Additionally, fully automated microtomes do not require tedious
manual adjustments.
In terms of
end-user, the global microtome market has been segmented into hospital
laboratories and clinical laboratories. Hospital laboratories take up the
largest share. The positive growth of hospitals is attributed to factors such
as a high volume of routine tissue examinations performed in hospital-based
laboratories across the globe and growing patient population.
Key
Players
Some of
the key players in the Global Microtome Market are Amos Scientific Pty Ltd
(Australia), Danaher (US), Diapath S.p.A. (Italy), Histo-Line Laboratories
(Italy), Jinhua YIDI Medical Appliance Co., Ltd (China), MEDITE GmbH (Germany),
Boeckeler Instruments, Inc. (US), Sakura Finetek (Japan), SLEE Medical GmbH
(Germany), and Thermo Fisher Scientific (US)
Browse
Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/microtome-market-8568
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