Microtomes Market to Surpass US$ 208.4 Million by 2027 - Coherent Market Insights

Global Microtomes Market, by Equipment Type (Instruments (Rotary Microtome, Vibrating Microtome, Cryostat Microtome, Freezing Microtome, and Others) and  Accessories), by Technology/Interventions (Fully Automated Microtomes, Semi-automated Microtomes, and Manual Microtomes), by Application (Disease Diagnosis and Medical Research), by End User (Hospitals, Ambulatory Surgical Centers, Research Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$  128.5 million in 2019 and is expected to exhibit a CAGR of 6.2% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

The increasing focus of manufacturers on development and launching of innovative microtomes is expected to drive growth of the global microtomes market. For instance, in August 2018, Leica Microsystems, a manufacturer and developer of microscopes and scientific instruments, launched ARTOS 3D ultramicrotome, a powerful ARray TOmography Solution for 3D imaging applications. Moreover, in May 2018, Leica Microsystems introduced the new family of rotary microtome including HistoCore BIOCUT, HistoCore MULTICUT, and HistoCore AUTOCUT clinical microtomes to its histology equipment and consumables business segment. Thus, availability of such wide range of rotary microtomes is expected to significantly drive growth of the rotary microtomes segment in the global microtomes market.

Browse 42 Market Data Tables and 40 Figures spread through 185 Pages and in-depth TOC on "Global Microtomes Market, by Equipment Type (Instruments (Rotary Microtome, Vibrating Microtome, Cryostat Microtome, Freezing Microtome, and Others) and  Accessories), by Technology/Interventions (Fully Automated Microtomes, Semi-automated Microtomes, and Manual Microtomes), by Application (Disease Diagnosis and Medical Research), by End User (Hospitals, Ambulatory Surgical Centers, Research Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"

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https://www.coherentmarketinsights.com/market-insight/microtomes-market-3783

The increasing prevalence of chronic disorders such as cancer, diabetes, and heart diseases, where there is requirement of studying the histopathology of patients’ tissue sample, is expected to drive growth of the market. For instance, in cancer, histopathology/cytopathology influences the prognosis and the selection of anti-cancer treatments. According to American Cancer Society estimation, in 2020, around 1,806,590 new cases of cancer are projected to be diagnosed in the U.S. Such increasing number of cases is expected to increase tissue collection and preparation procedures, thereby driving growth of the market.

Key takeaways of the Global Microtomes Market:

• The global microtomes market is expected to exhibit a CAGR of 2% during the forecast period (2020-2027), owing to increasing initiatives by key players to launch innovative dental workflow system in the market. For instance, in November 2018, Sakura Finetek USA launched Accu-Cut SRM 300 LT manual microtome.
• The establishment of new research and diagnostic laboratories is expected to significantly drive growth of the microtome market, as it is expected to increase demand for all histopathology instruments such as microtomes, microscopes, and other accessories in the laboratories. For instance, in November 2013, University of Southern California (USC) and The Saban Research Institute of Children’s Hospital Los Angeles launched Translational Biomedical Imaging Lab (TBIL) equipped with microscope, High Speed Microscopy Lab, extended Volume Imaging Lab with an integrated microtome and laser-scanning microscope, and the Quantitative Image Analysis and Visualization Suite.
• Major players operating in the global microtomes market include LLS ROWIAK LaserLabSolutions GmbH, Leica Biosystems Nussloch GmbH, MEDITE GmbH, SLEE medical GmbH, Boeckeler Instruments, Nanolytik, S.M. Scientific Instruments Pvt. Ltd., MICROS Austria Produktions-und Handelsges.m.b.H, AGD Biomedicals (P) Ltd., Alltion, Amos Scientific Pty Ltd, and Thermo Fisher Scientific