Micromanipulators Market 2020 Worldwide Key Information by Top Key Players Narishige Co, Research Instruments Ltd., Eppendorf AG, Sutter Instruments, Micromanipulator Company, Sensapex, Luigs and Neumann, Scientifica, and Siskiyou Corporation.
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Global Micromanipulators Market report by Allied Market Research, states that the sales of micromanipulators are projected to grow at a CAGR of 25.8% between 2015 and 2020. In 2014, cell micromanipulation application segment dominated the micromanipulators market in terms of both, revenue and volume, and is expected to retain its lead position during the forecast period.
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
• Siskiyou Corporation
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.1 Top investment pockets
3.3 Porters five forces analysis
3.3.1 High competition and fragmented nature reduces the power of the suppliers
3.3.2 Scattered nature and large number of buyers moderate the power of the buyers
3.3.3 High capital cost moderates the threat of new entrants
3.3.4 High intensity of rivalry
3.3.5 Unavailability of substitutes lowers the threat of substitutes
3.4 Value chain analysis
3.5 Top player positioning (2014)
3.6.1 Growing IVF Industries
3.6.2 Booming semiconductor and microelectronic industries worldwide
3.6.3 Technological advancements
3.6.4 Increasing infertility rates globally
3.6.5 Rise in disposable income
3.7.1 High capital investment
3.7.2 Premium pricing of a micromanipulation system
3.7.3 Low awareness level
3.7.4 Limited technical know-how
3.8.1 Opportunities in emerging economies
3.8.2 Collaboration with various industries
3.8.3 Fertility tourism
3.8.4 Growing number of fertility clinics and research institutes
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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