ID: MRFR/HC/7096-HCR | February 2023 | Region: Global | 125 Pages
Microtome Market accounted for USD 73.5 Million in 2030 at a CAGR of 5.21%
$73.5 Million
5.21%
North America
2022-2030
Microtome Market Forecast
Microtome Market accounted for USD 73.5 Million in 2030 at a CAGR of 5.21%.
Market Synopsis
A microtome is a tool used to cut extremely thin sections of tissue samples of plants or animals. Microtomes help in extremely fine cuts that are important for preparations used in microscopy. The high preference of microtome in cancer biopsy will drive the growth positively over the forecast period due to rising cases of cancer worldwide. Â According to WHO, around 18.1 million new cases of cancer were diagnosed in 2018.
Market Influencer
The increasing incidence of chronic disorders, rising geriatric population along with growing commercial availability of high-quality diagnostic technologies in developed economies, support the microtome market growth. The ever-increasing number of clearances and product launches by key players in the microtome market are likely to act as a promising factor for the growth of the microtome market in the near future. For instance, in May 2018, Leica Biosystems, part of Danaher introduced a new line of rotary microtomes to its full line of histology equipment and consumables. This product launch includes products such as HistoCore BIOCUT, HistoCore MULTI CUT, and HistoCoreAUTOCUT clinical microtomes.
Microtome Market Drivers
Market Restraints
Microtome Market Segmentation
By Product
By Technology
By Application
By End-User
By Region
Microtome Market Key Players
Report Attribute/Metric | Details |
---|---|
Market Size |
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CAGR | 5.21% (2020-2030) |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product, Technology, End User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Abbott (US), Merck (Germany), Thermo Fisher (US), Danaher (US), Roche (Switzerland), Diasorin (Italy), Biomérieux (France), Diagnostic Automation/Cortez Diagnostics (US), Qualigen (US), Kronus (US), Autobio Diagnostics (China) |
Key Market Opportunities | New product launches and R&D Amongst major key Players |
Key Market Drivers |
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Microtome market is projected grow at approximately 5..21% CAGR during the assessment period (2020-2030).
The valuation of the Microtome market had reached 73.5 billion in 2030.
The instruments segment by product holds the majority shares in the Microtome market.
North America holds the largest share in the global Microtome market, followed by Europe and the Asia Pacific, respectively.
Danaher (US), Amos Scientific Pty Ltd (Australia), Diapath S.p.A. (Italy), Jinhua YIDI Medical Appliance Co., Ltd (China), Histo-Line Laboratories (Italy), MEDITE GmbH (Germany), Sakura Finetek (Japan), Boeckeler Instruments, Inc. (US), Thermo Fisher Scientific (US), and SLEE Medical GmbH (Germany), are some of the major players operating in the global Microtome market.