Microtome Market Outlook 2031
The global microtome market size was USD 142.40 Million in 2022 and is anticipated to reach USD 248.88 Billion by 2031 expand at a CAGR of 6.4% during the forecast period, between 2023 - 2031. Growing number of routine tissue examinations in hospitals and research laboratories associated with rising awareness regarding early diagnosis is boosting the global microtome market.
A microtome is a specialized cutting tool used to produce extremely thin slices of material or sections. It helps accurately and repeatedly cut a block of embedded tissue into slices, usually of 4μm and can range between 2 μm and 10μm.
Microtomes are made-up of three main components: body/shell, knife & knife attachment, and tissue holder or material. These components can be made using various materials including steel, glass, and diamond. The knives are interchangeable based on sample type/material, application, and thickness required.
Microtomes are used in microscopy for the preparation of samples. Different types of microtomes are used for section paraffin, plastic embedded tissue, and section frozen tissue. Microtome allows observing slices section under transmitted light or electron radiation, and are used in various applications for detailed microscopic examination of tissue sections including disease diagnosis and medical research applications.
Microtome Market Trends, Drivers, Restraints, and Opportunities:
- Growing need for early detection of infectious and multiple chronic diseases such as cancer and increasing geriatric population drive the market.
- High potential of microtomes in anatomical pathology labs associated with an increasing number of histopathology laboratories is fueling the market.
- Increasing spending on healthcare by governments of developing countries is propelling the market.
- Lack of skilled professional in the healthcare industry and unfavorable reimbursement policies are hampering the market.
- Emerging economies' focus on personalized medicines and rising awareness regarding digital pathological systems among end-users are creating opportunities in the market.
- Growing innovation increases the availability and use of high-quality technologically advanced biomarkers that help in diagnosing various diseases. Thus, creating opportunities in the market.
Scope of Microtome Market Report:
The report on the global microtome market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Microtome Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016 - 2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Products (Instruments [Rotary Microtomes, Cryostat Microtomes, Vibrating Microtomes, and Other Microtomes] and Accessories), Technologies (Fully Automated Microtomes, Semi-automated Microtomes, and Manual Microtomes), Applications (Disease Diagnosis and Medical Research), End-Users (Hospital Laboratories, Clinical Laboratories, and Others)
|
|
Regional Scope
|
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
|
|
Report Coverage
|
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
|
|
Key Players Covered
|
Amos scientific Pty Ltd, Boeckeler Instruments, Inc, Diapath S.p.A., Electron Microscopy Sciences, Fisher Scientific, Histo-Line Laboratories, JinhuaYidi Medical Appliance Co.,Ltd, KFBIO KONFOONG BIOINFORMATION TECH CO., LTD, Leica Biosystems Nussloch GmbH, MEDITE Medical GmbH, microTecLaborgeräte GmbH, Sakura Finetek USA, Inc, SLEE medical GmbH, SM Scientific Instruments Pvt. Ltd, and Ted Pella, Inc.
|
Microtome Market Segment Insights:
Rotary microtome segment to grow during the anticipated period
In terms of products, the global microtome market is bifurcated into instruments and accessories. The instruments segment is sub-segmented into rotary microtomes, cryostat microtomes, vibrating microtomes, and other microtomes. The rotary microtomes segment is expected to hold a significant share of the during the forecast period, due to growing adoption by various end-users.
The rotary microtome offers several advantages such as they can cut thin sections of about 3µm and are ideal for cutting serial sections. Moreover, rotary microtomes are easily adopted for the sectioning of all types of tissues such as fragile, fatty, or hard. The accessories segment is anticipated to grow during the forecast period, due to easy availability of microtomes accessories and required low maintenance cost.
Full automated segment to grow in the near future
On the basis of technologies, the market is segregated into fully automated microtomes, semi-automated microtomes, and manual microtomes. The fully automated segment is expected to hold a significant share of the market during the forecast period owing to growing demand for technologically advanced products in developed countries such as the US, France, Germany, and Japan.
The expansion of the fully automated segment is attributed to the commercial availability of the product and increasing demand for digitization by histopathology laboratories in tissue diagnosis procedures. Moreover, the use of fully automated microtomes increases productivity without hampering the sample quality in the laboratories.
Disease diagnosis segment to hold significant market share
Based on applications, the microtome market is segregated into disease diagnosis and medical research. The disease diagnosis segment constituted a significant share of the market in 2020 and is projected to grow in the near future due to growing prevalence of oncological disorders and rising geriatric population.
Moreover, rising adoption of semi-and fully automatic microtomes to extract minor sections of tissue for detecting the presence of tumor cells in the body is anticipated to propel the segment during the forecast period.
Clinical laboratories segment to grow at a significant pace in the near future
In terms of end-users, the market is classified as hospital laboratories, clinical laboratories, and others. The clinical laboratories segment constituted a significant market share in 2020 and is projected to expand during the forecast period. Rising awareness regarding the early diagnosis to curb the number of chronic diseases is boosting the global microtome market.
Moreover, increasing spending on research to develop the healthcare industry is anticipated to fuel the segment during the forecast period.
North America estimated to account for significant market share
On the basis of regions, the global microtome market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the market in 2020, due to the presence of high-quality infrastructure for clinical laboratories and hospitals. The emergence of a huge number of market players increases opportunities for advanced cancer diagnostic screening and testing.
The market in North America is projected to expand at a significant CAGR during the forecast period, owing to increasing investments by public and private sectors in in-vitro diagnostics. Moreover, growing adoption of technologically innovative drugs and easy accessibility of advanced technologies are propelling the market in North America.
Segments
By Products
- Instruments
- Rotary Microtomes
- Cryostat Microtomes
- Vibrating Microtomes
- Other Microtomes
- Accessories
By Technologies
- Fully Automated Microtomes
- Semi-automated Microtomes
- Manual Microtomes
By Applications
- Disease Diagnosis
- Medical Research
By End-Users
- Hospital Laboratories
- Clinical Laboratories
- Others
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- Amos scientific Pty Ltd
- Boeckeler Instruments, Inc
- Diapath S.p.A.
- Electron Microscopy Sciences
- Fisher Scientific
- Histo-Line Laboratories
- JinhuaYidi Medical Appliance Co.,Ltd
- KFBIO KONFOONG BIOINFORMATION TECH CO., LTD
- Leica Biosystems Nussloch GmbH
- MEDITE Medical GmbH
- MicroTecLaborgeräte GmbH
- Sakura Finetek USA, Inc
- SLEE medical GmbH
- SM Scientific Instruments Pvt. Ltd
- Ted Pella, Inc.
Competitive Landscape
Key players in the global microtome market include Amos scientific Pty Ltd, Boeckeler Instruments, Inc, Diapath S.p.A., Electron Microscopy Sciences, Fisher Scientific, Histo-Line Laboratories, JinhuaYidi Medical Appliance Co.,Ltd, KFBIO KONFOONG BIOINFORMATION TECH CO., LTD, Leica Biosystems Nussloch GmbH, MEDITE Medical GmbH, microTecLaborgeräte GmbH, Sakura Finetek USA, Inc, SLEE medical GmbH, SM Scientific Instruments Pvt. Ltd, and Ted Pella, Inc.
These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Request For Customization
Enquiry Before Buying
Speak With Analyst
