Microtome Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI3882
Microtome Market size is expected to grow significantly from 2019 to 2025.
Increasing prevalence of chronic diseases globally will surge demand for microtome systems. Microtome tools are sharp made up of steel, diamond, etc. that are used for cutting minor tissues of the body. In oncological diseases, examination of tissues is carried out to diagnose presence of tumor cells. Thus, microtome devices play pivotal role in extracting precise tissue accurately. Additionally, increasing awareness regarding benefits of early diagnosis will prove beneficial for market growth.
Technological advancements in microtome devices will increase its preference that will fuel microtome market growth. Industry players are focusing on R&D activities to provide innovative solutions to end users. Technological advanced products enable healthcare professionals to obtain exact size and thickness of tissue that carefully gives critical diagnostic detail. Accurate tissue obtained through microtome devices offers precise blocks of tissue that eliminates complexities and blood loss that enhances patient outcomes. However, availability of alternative options and high cost may hamper industry growth up to certain extent.
Laser Microtome segment had substantial revenue microtome market share in 2018 and it is anticipated to enormously increase in forthcoming future. Microtome devices are used for biological sectioning that uses raisins or paraffins. These substances may alter the properties of biological material that is not desirable. Laser microtome avoids these obstacles and cuts the tissue through usage of photons and laser beams. As a result, benefits offered by laser microtome devices would surge its demand in research institutes that will propel segment growth.
Disease diagnosis segment is anticipated to witness significant growth in coming years. Substantial growth is attributed to increasing prevalence of chronic diseases globally. For assessing, tissue is removed from the patient’s body to discover cause, presence or extent of the disease. Increasing number of surgical procedures and rising awareness regarding benefits of early diagnosis will augment demand for microtome devices, that will fuel segment growth.
Fully automated microtome market segment had lucrative revenue in 2018 owing to accuracy achieved through its usage. In automated microtome devices motorized push button sectioning process is performed to obtain high quality slicing. Fully automated devices eliminate complexities and provides slices as per the requirement. It removes the heat from specimen that eliminates the requirement for re-cooling process and gives uniform sections. Thus, advantages obtained by using fully automated microtome devices will augment its demand, thereby driving segment growth.
Research centers is predicted to foresee substantial growth in analysis timeframe. Extensive research performed on numerous domains will surge demand for microtome devices. For development of novel therapies and personalized drugs, studies are conducted on specimens to discover effectiveness of medicines. As a result, wide range of study done on numerous aspects will surge demand for microtome devices that will fuel segment growth.
North America microtome market size had significant revenue in 2018 and it will increase significantly in near future. In developed regions, scientists and researchers are extensively studying on developing medicines for chronic diseases. Additionally, rising prevalence of chronic diseases and increasing geriatric population will surge demand for diagnostic procedures. Thus, demand for microtome devices will surge in coming years that will escalate regional market growth.
Some of the major industry players operating in the microtome includes Thermo Fisher Scientific, Danaher, Sakura Finitek Japan, MEDITE Cancer Diagnostics, SLEE medical, RMC Boeckeler, AGD Biomedicals, Alltion, Amos Scientific, Histo Line Laboratories and Leica Biosystems Nussloch. These industry players are implementing strategies such as mergers, acquisitions, joint collaborations and new product launch. For instance, Thermo Fisher Scientific recently launched HM 355S Automatic Microtome that provides fines precision of specimens resulting in accurate slicing. New product launch will help company to cater demands of end users and sustain in the market.
Microtome Market By Product, 2014-2025 (USD Million)
- Vibrating Microtome
- Laser Microtome
- Compresstome Microtomes
- Saw Microtome
- Sled Microtome
- Rotary Microtome
Microtome Market By Application, 2014-2025 (USD Million)
- Disease Diagnosis
- Medical Research
Microtome Industry By Technology, 2014-2025 (USD Million)
- Fully Automated
Microtome Industry By End User, 2014-2025 (USD Million)
- Pharmaceutical and Biotechnology Companies
- Ambulatory Surgical Centers
- Research Centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Thermo Fisher Scientific
- Sakura Finetek Japan
- MEDITE Cancer Diagnostics
- SLEE medical
- RMC Boeckeler
- AGD Biomedicals
- Amos Scientific
- Histo Line Laboratories
- Leica Biosystems Nussloch
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