- Press Release
- Microtomes Market to Surpass US$ 208.4 Million by 2027
Microtomes Market to Surpass US$ 208.4 Million by 2027 - Coherent Market Insights
Published On : Apr 17, 2020
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"
To know the latest trends and insights related to global microtomes market, click the link below:
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:
Joining thousands of companies around the world committed to making the Excellent Business Solutions.