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Sunday, 23 June 2024
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Microtome Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Microtome Instruments,Rotary Microtomes,Cryostat Microtomes,Vibrating Microtomes,Other Microtome Instruments,Microtome Accessories); by End User (Hospitals,Clinical Laboratories,Other End Users) and Geography

The insight Partners Research has announced the addition of the “Microtome Market Forecast, Trends Analysis &Opportunity Assessment 2020-2027 ”report to their offering.

By SMN Bureau
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According to our latest study on “Microtome Market Forecast to 2027- COVID-19 Impact and Global Analysis- by product, technology, and end user,” the market was valued at US$ 132.6 million in 2019 and is projected to reach US$ 204.3 million by 2027; it is expected to grow at a CAGR of 5.7% during 2020-2027. The report highlights trends prevailing in the global microtome market, and the drivers and hindrances pertaining to the market growth.

The global microtome market, based on product, is segmented into microtome instruments and microtome accessories. The microtome instruments segment held a larger share of the market in 2019, and it is further estimated to register a higher CAGR during the forecast period; this projected growth is ascribed to the increasing product launches, growing adoption of microtome in histology labs, and high use of these instruments by healthcare providers in cancer diagnosis.

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Company Profiles

  • PHC Holdings Corporation
  • MEDITE Medical GmbH
  • Sakura Finetek USA, Inc.
  • Leica Biosystems Nussloch GmbH (Danaher)
  • Histo-Line Laboratories
  • SLEE medical GmbH
  • Diapath S.p.A.
  • Amos Scientific Pty Ltd
  • Boeckeler Instruments, Inc.
  • SM Scientific Instruments Pvt. Ltd

The growth of the microtome market is attributed to factors such as rising prevalence of cancer and increasing adoption of digital pathology. However, the lack of adoption of microtomes in low-income countries restrains the growth of the market. PHC Holdings Corporation, MEDITE Medical GmbH, Sakura Finetek USA, Inc., Leica Biosystems Nussloch GmbH (Danaher), Histo-Line Laboratories, SLEE medical GmbH, Diapath S.p.A., Amos Scientific Pty Ltd, Boeckeler Instruments, Inc., and SM Scientific Instruments Pvt. Ltd are among the leading companies operating in the global microtome market.

Strategic Insights

Product launches, mergers and acquisitions, collaborations, and expansions are the commonly adopted strategies by various companies to expand their footprint worldwide and meet the growing demand by expanding their respective product portfolios. The players operating in the microtome market adopted the strategy of product innovations to cater to changing customer demand worldwide, which also permits them to maintain their brand name globally.

Microtome Market - By Product

  • Microtome Instruments
    • Rotary Microtomes
    • Cryostat Microtomes
    • Vibrating Microtomes
    • Other Microtome Instruments
  • Microtome Accessories

Microtome Market - By Technology

  • Manual Microtomes
  • Semi-Automated Microtomes
  • Fully Automated Microtomes

Microtome Market - By End User

  • Hospitals
  • Clinical Laboratories
  • Other End Users

Microtome Market - By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific(APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of SCAM

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