Micromanipulators Market 2021 Business Opportunities, Current Trends, Market Challenges & Global Industry Analysis by 2027

The 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 2027.

Electric micromanipulators segment would continue to generate the highest revenue throughout the forecast period. This is attributed to the higher accuracy, enhanced precision in movement, better convenience and rising adoption rates of electric micromanipulators across a wide range of applications. However, in terms of volume (units), manual micromanipulator was the leading segment, accounting for about half of the overall market in 2014. Economical cost and high popularity of manual micromanipulators across semiconductors and microelectronics industries were the key factors responsible for the growth of manual micromanipulators market.

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Shift from conventional manual micromanipulators to advanced electric or hydraulic versions, rising global infertility rates, and expanding 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.

The micromanipulators market, by type is categorized into hydraulic, electric, and manual. Among these, electric equipment occupied a greater share and size throughout the forecast period. However, manual segment leads in terms of volume, owing to the largest units sold during the analysis period. Based on geography, the micromanipulators market is segmented into North America, Europe, Asia Pacific, and LAMEA. North America would continue to dominate the micromanipulators market until 2020, on account of intense study, high awareness among the consumers for the adoption of these devices and heavy investment in the research field. However, Asia Pacific region would be growing rapidly, registering a CAGR of 28.5% during 2015-2020.

COVID-19 Scenario Analysis:

• Global Corneal Pachymetry Market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for the market.

• Global factories have struggled to integrate new products as workers have stayed in their homes, which disrupted the global supply chains.

• The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for hybrid chips are gradually going to increase.

• This COVID-19 lockdown would help companies think about more advanced Market to enhance efficiency.

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Key Findings of Micromanipulators Market:

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-fourth 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 2027.

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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