Microtome Market Research Study on Revenue, Statistics, Industry Growth, and Demand by 2030

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Market Size – USD 371.7 Billion in 2021, Market Growth – at a CAGR of 6.2%, Market Trends – Rapidly rising demand and application of histopathological diagnostic procedures

The global Microtome Market research report is a thorough and important resource that provides business strategies, qualitative and quantitative analysis, and developing trends. The report offers thorough investigation and analysis of the major components of the Microtome Market on a worldwide scale. The research analysts prepared this report after completing thorough primary and secondary research and analysing the Microtome Market's drivers, constraints, challenges, trends, and opportunities.

The global microtome market size reached USD 371.7 Million in 2021 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. A few of the major reasons propelling the revenue growth of the microtome market are the introduction of technologically sophisticated medical equipment, fast expanding demand and application of histopathological diagnostic techniques, and rising prevalence of chronic diseases and cancer worldwide.

Microtomes are instruments that cut samples into very small bits for use in histology or pathology. Either optical microscopy or Transmission Electron Microscopy (TEM) is used to analyse the sample. For microscopic study, biological specimens are cut into minuscule fragments using a mechanical tool called a microtome. In microscopy, these microtome sections are used to prepare materials for observation under an electron or transmitted light microscope. Depending on the specimen being cut into and the required thickness of the sections being cut, microtome blades can be made of steel, glass, or diamond. Depending on the type of specimen and the required thickness, they employ special metal, glass, or diamond blades.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Danaher Corporation, Leica Biosystem Nussloch Gmbh, LLS ROWIAK LaserLab Solutions GmbH, Safire Scientific Company, Bright Instrument Co. Limited, Scientific Instruments Pvt Ltd., Boeckeler Instruments, Sakura Finetek USA, Inc., AGD BiomedicalPvt Ltd., ThermoFisher Scientific, Inc.

Target Audience of the Global Microtome Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Microtome Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Microtome market on the basis of product, application, and region:

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Million; 2019-2030)
    • Instruments
    • Accessories
  • Technology Outlook (Revenue, USD Million; 2019-2030)
    • Fully Automated
    • Semi-Automated
    • Manual
  • End-Use Outlook (Revenue, USD Million; 2019-2030)
    • Hospitals
    • Clinical Diagnostic Laboratories
    • Academic Research Institutions

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Some Key Highlights From the Report

  • Academic research institutions accounted for the largest revenue share in 2021. Microtomes are crucial to science because they enable the preparation of samples for examination under transmitted light or electron radiation. The new research microtomes range allows for faster trimming with new coarse feed wheel options that allow customers to control the rotation direction. A few examples of such applications are matrix and scaffolding sectioning for tissue bioengineering, polymer sectioning for mechanical and materials science engineering, and hard materials, such as bone, for biology and histopathology research. These are the major factors driving revenue growth of the segment.
  • The accessories segment is expected to grow at a steady revenue CAGR during the forecast period. The type of microtome accessories, such as the microtome knife, blade, and blade holder, the geometry of the blade, and the declination, all affect the quality of the tissue preparations (angle between the blade and the cutting direction). The microtome knife is essential to the creation of high-quality sections. The cutting edge of a microtomy practically starts and finishes without any imperfections. Disposable blades have also made it simpler to produce high-quality, thin pieces, but they are frequently insufficient for cutting through tougher tissues, particularly bone.
  • North America accounted for a significant revenue share in 2021. Some of the major factors driving revenue growth of the microtome market in this region include the rapid technological advancement of mechanical commercial microtomes, rising cancer prevalence, attractive medical reimbursement policies introduced by the government for histopathology diagnostic tests, presence of well-established healthcare infrastructure, and the ease of access to cutting-edge medical equipment and technologies. These factors dramatically improved revenue growth of the market in this region.

Additional information offered by the report:

  • Along with a complete overview of the global Microtome market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Microtome market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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