Microtome Market by Type, Application and Manufacturers Industry Revenue Analysis and Forecasts by 2028

Rising prevalence of chronic diseases and increase in number of routine tissue examinations are some key factors driving market revenue growth

Market Size – USD 134.2 Million in 2020, Market Growth – at a CAGR of 6.2%, Market Trends – Increasing number of in-office histopathological laboratories are gaining CLIA certifications

The Global Microtome Market size is expected to reach USD 215.6 Million in 2028 and register a revenue CAGR of 6.2% over the forecast period, according to the latest report by Reports and Data. Increasing prevalence of chronic diseases and rise in the number of routine tissue examinations are some key factors expected to drive market revenue growth over the forecast period. In addition, increasing number of in-office histopathological laboratories are gaining Clinical Laboratory Improvement Amendments (CLIA) certifications, which is expected to contribute to revenue growth of the market going ahead.

Cancer is one of the leading causes of mortality worldwide, and the number of histopathology examinations is increasing in tandem with prevalence. A tissue pathological examination is required for the diagnosis of a cancerous tumor in order to determine the onset of cancer. Increasing cancer prevalence and rising awareness regarding benefits of early disease diagnosis are factors expected to boost adoption of microtome tools during the forecast period. Biopsy tissue analysis can be used by pathologists to identify the type of cancer, stages, and area of cancer spread. Microtome tools are precision tools made of steel, diamond, and other elements that are used to cut microscopic samples of body tissues. For oncological diseases, tissue examination is performed to detect the presence of tumor cells. As a result, microtome devices play an important role in eliminating particular tissue, which is expected to augment market revenue growth. However, high cost of microtome devices and complex and expensive maintenance are some key factors expected to restrain market growth to a certain extent over the forecast period.

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Some Key Highlights From the Report:
• Laser microtomes segment is expected to account for largest revenue share during the forecast period. The laser microtome is designed to cut samples with extreme precision and is used for accurate, non-contact dissection, which is expected to boost growth of this segment.
• Fully automated microtomes segment is expected to register robust revenue growth over the forecast period owing to increased demand for technologically advanced microtome devices, especially in developed countries.
• Disease diagnosis segment is expected to account for largest revenue share in the global market over the forecast period as a result of greater awareness about the benefits of early diagnosis of diseases, including cancer, and rise in the number of tissue tests in hospital laboratories and clinics.
• North America is expected to account for largest revenue share over the forecast period. Improvements in healthcare infrastructure, greater spending on public and private sector in-vitro diagnostics, and rising adoption of technologically advanced equipment and devices are some key factors contributing to growth of this segment.
• Major players in the market include Thermo Fisher Scientific Inc., Medite Medical GmbH, Diapath S.P.A., Histo-Line Laboratories Srl, Boeckeler Instruments, Inc., Amos Scientific Pty Ltd., Jinhua YIDI Medical Appliance Co. Ltd., Leica Biosystems Nussloch GmbH, Sakura Finetek USA, Inc., and SLEE Medical GmbH.

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For the purpose of this report, Reports and Data has segmented the microtome market based on product, technology, application, end-use, and region:
Product Outlook (Revenue, USD Million; 2018-2028)
• Rotary Microtomes
• Microtome Instruments
• Vibrating Microtomes
• Laser Microtomes
• Ultramicrotomes
• Cryomicrotomes
• Sledge Microtomes
• Cryostat Microtomes
• Saw Microtomes
• Sliding Microtomes
• Freezing Microtomes
• Hand Microtomes
• Compresstome Microtomes
• Accessories

Technology Outlook (Revenue, USD Million; 2018-2028)
• Fully Automated Microtomes
• Semi-automated Microtomes
• Manual Microtomes

Application Outlook (Revenue, USD Million; 2018-2028)
• Disease Diagnosis
• Medical Research

End-Use Outlook (Revenue, USD Million; 2018-2028)
• Hospital Laboratories
• Clinical Laboratories
• Others

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Regional Outlook (Revenue, USD Million; 2018-2028)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Sweden
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Israel
o Rest of MEA

Key Points Covered in the Report:
• Comprehensive analysis of opportunities and risks in the Microtome market
• Recent mergers and acquisitions, collaborations, and technological innovations in the Microtome market
• Conclusive assessment of the growth rate and dynamics in the Microtome market
• In-depth study of key market drivers, restraints, macro- and micro-economic factors, threats, opportunities, and limitations
• Analysis of current and emerging market trends in the Microtome market
• Revenue growth estimations for the period of 2021-2028
• Analysis of top companies and new players operating in the market to offer competitive edge to the readers
• Comprehensive study of the key market dynamics and their latest trends and insights into key segments and sub-segments

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Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will make sure the report is tailored to meet your requirements.

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