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Micromanipulators Market size expected to grow at a CAGR of 25.8% by 2020, Top players are Narishige Co. Ltd, Research Instruments Ltd, Eppendorf AG, Sutter Instruments, The Micromanipulator Company
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Popular types used for a wide range of applications, which depends on the precision and control required at the micro levels. Intracytoplasmic sperm injection (ICSI) is the most common application of cell micromanipulation techniques in humans. A rising incidence of infertility cases across the globe is the major factor boosting the adoption rate for obtaining rapid results in IVF-ICSI procedures. Micromanipulators Market size was estimated to be $40 million in 2014 and is expected to grow at a CAGR of 25.8%, from 2015 to 2020.
A shift from conventional manual micromanipulators to advanced electric or hydraulic versions, rising global infertility rates, and expanding the base of semiconductors and microelectronics in the emerging economies are primarily leveraging the growth of the market. In addition, increasing usage of micromanipulator novel applications such as genomics, proteomics, transgenesis, and cell cloning would provide continued growth thrust for the market. However, factors such as high cost associated with advanced micromanipulators, lack of awareness among potential end users and limited technical expertise are likely to impede the market growth.
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Key Findings of Micromanipulators Market:
• The hydraulic micromanipulator is projected to be the fastest growing segment during the forecast period.
• Within cell micromanipulators application, ICSI segment is projected to exhibit the fastest growth, both in terms of revenue and volume, during the forecast period.
• Within industrial micromanipulation application, semiconductors and microelectronics segment would continue to lead, accounting for more than three-fourths of the overall market revenue in 2020.
• Asia-Pacific is anticipated to be the fastest growing market, registering a CAGR of 29.9% from 2015 to 2020.
The key companies profiled in the report include Narishige Co. Ltd., Research Instruments Ltd., Eppendorf AG, Sutter Instruments, The Micromanipulator Company, Sensapex, Inc., Luigs and Neumann, Scientifica Ltd. and Siskiyou Corporation.
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