Laser Capture Microdissection Market at a CAGR of 12.36% with Top Players Ocimum Biosolutions, 3DHISTECH Ltd., Biocompare, BioTechniques, MIA Cellavie Inc and Forecast to 2024

Laser Capture Microdissection Market accounted to USD 80.79 million in 2016 growing at a CAGR of 12.36% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition:

Global Laser Capture Microdissection Market Laser capture microdissection (LCM) technology is a contamination free procedure for obtaining subpopulations of tissue cells under direct microscopic visualization. This technology isolates specific cells by dissecting unwanted cells and harvests the cells of interest directly to give pure enriched cells. This technology helps in preserving the genuine morphology of the dissected cell or tissue sample.

Major Market Drivers and Restraints:

• Rise in applications in pharmaceuticals, hospitals and research and development institutes
• Increasing technological advancement in LCM
• Contamination-free technique
• Increased in healthcare expenditure
• Increase in R&D funding
• High manufacturing and maintenance cost of equipment and accessories
• RNA degradation
• Need of skilled professionals

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Market Segmentation:

Global Laser Capture Microdissection Market The laser capture microdissection market is segmented by product into instruments, consumables, software and services. Consumables are sub segmented into reagents & media, assay kits and others.

On the basis of system type the market is segmented into ultraviolet LCM, infrared LCM, ultraviolet & infrared LCM and immunofluorescence LCM.
On the basis of application the market is segmented into research & development (R&D) and diagnostics. Research & development is sub segmented into molecular biology, cell biology and forensic science.

By end user the market is segmented into Academic & Government Research Institutes, Hospitals, Pharmaceutical & Biotechnology Companies and Contract Research Organizations (CRO).

On the basis of geography, laser capture microdissection market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis:

The laser capture microdissection market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of laser capture microdissection market for global, Europe, North America, Asia Pacific and South America.

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Major Market Competitors:

Some of the major players operating in laser capture microdissection market are Molecular Machines & Industries, Danaher, Thermo Fisher Scientific, Inc., ZEISS International, DENOVA Sciences Pte Ltd., Indivumed GmbH, AvanSci Bio, Avant Diagnostics, Inc., Ocimum Biosolutions, 3DHISTECH Ltd., Biocompare, BioTechniques, MIA Cellavie Inc., CaresBio Laboratory LLC, Bio-Rad Laboratories, Inc., genedrive plc, Promega Corporation, VitroVivo Biotech and Precision MicroFab LLC among others.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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