Automated Microtome Market is Expected to Reach at a Value of 426.2 Mn by year 2030
Reports and Insights predicts that the global automated microtome market is expected to grow at a CAGR of 6.3% during the forecast period from 2022 to 2030. Furthermore, the total value of the global automated microtome market is slated to reach US$ 692.9 Mn by 2030, rising from US$ 426.2 Mn in 2022.
Biological specimens are cut into uniformly thin sections using microtome equipment for a thorough microscopic analysis. A tool known as a microtome is used to cut a block of submerged tissue into slender slices repeatedly and precisely. They are employed in the microscopy process of sample preparation for observation under an electron or diffused light rays.
This report on the global automated microtome market aims to discuss market dynamics, including market drivers, potential threats and challenges to the market, global automated microtome market opportunities for the major players, global automated microtome market trends, market segmentation outlook, regional outlook, global automated microtome market size, market forecast, market share, as well as the major players operating in the global automated microtome market.
Automated Microtome Market: Market Dynamics
The market for automated microtomes is expected to increase quickly as a result of the increasing popularity of histology procedures. The key factors propelling the growth of the automated microtome market globally are the rising awareness of the need for early identification of chronic diseases and the rising demand for technologically sophisticated diagnostic equipment.
The market for automated microtomes is expanding as a result of an increasing senior population worldwide and rising healthcare costs. Growth opportunities in the emerging market are anticipated to be provided by an increase in the number of histopathology laboratories and the implementation of automated instruments. Some of the challenges impeding the growth of the automated microtome market include hospital consolidation and reductions in reimbursement.
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Automated Microtome Market: Regional Outlook
The automated microtome market is divided into five major geographical regions: North America, Asia Pacific, Latin America, the Middle East, Africa, and Europe. A big portion of the global automatic microtome market is expected to be dominated by North America, due to growing healthcare spending and per capita income in the region. Due to advancing technology and increasing public awareness of various health issues, Asia Pacific is one of the markets for automated microtomes that is expanding quickly.
Automated Microtome Market: Key Player
Small-scale market players in the global automated microtome market include Histo-Line Laboratories, Medite GmbH, Orion Medic, Amos Scientific Pty Ltd, Diapath S.p.A., SM Scientific Instruments Pvt. Ltd., MICROS Produktions u.Handelsg.m.b.H, Boeckeler Instruments, Medimeas Instruments, General Data Healthcare, Inc., and SM Scientific Instruments.
Leica Biosystems Nussloch GmbH, Sakura Finetek Europe B.V., microTec Laborgeräte GmbH, and SLEE medical GmbH are among the medium-sized market participants in the global automated microtome industry.
One of the major manufacturers on global basis in the automated microtome industry is Thermo Fisher Scientific Inc.
Automated Microtome Market: Segmentation Outlook
Data for growth projections and estimates are included in this study for Type segment (Botanical Microtomy Technique, Cryosectioning Technique, Electron Microscopy Technique, Traditional Histology Technique); Application segment (Diagnostic Centers, Histopathology, Hospitals Laboratories); Product type segment {Microtome Devices (Compression Microtomes, Cryomicrotomes, Laser Microtome, Rotary Microtome, Saw Microtome, Sled Microtome, Ultramicrotomes, Vibrating Microtome), Accessories}; Technology segment (Fully Automated and Semiautomated).
Based on the product, laser microtome is anticipated to experience a spectacular expansion over the anticipated timeframe because of the numerous advantages the product provides.
In terms of the application, the growing prevalence of oncological and chronic diseases around the world may lead to significant growth in the disease diagnosis market.
Fully automated microtomes may become a key growth engine in the technology sector. These tools are simple to align and use, and they offer quicker tissue sectioning with fewer breakdowns, leading to more accurate and exact results. The product growth will be pushed during the predicted period by mounting utilization brought on by the remarkable product benefits.
Due to the industry’s growing R&D operations for novel and enhanced product innovations, research centers are predicted to experience significant expansion. Growth in this market will be fueled by an increase in health screenings and exams. The sector will develop in the next years as a result of specimen testing for medications and treatments to determine their efficacy.
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