Microtome Market accounted for USD
120 Million in 2018 at a CAGR of 6.1%.
Market Synopsis
A microtome is a tool used to cut
extremely thin sections of tissue samples of plants or animals. Microtomes help
in extremely fine cuts that are important for preparations used in microscopy.
The high preference of microtome in cancer biopsy will drive the growth
positively over the forecast period due to rising cases of cancer worldwide.
According to WHO, around 18.1 million new cases of cancer were diagnosed
in 2018.
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Regional
Analysis
The
market has been divided, by region, into the Americas, Europe, Asia-Pacific,
and the Middle East & Africa. The Americas is expected to be the largest
market owing to the rising per capita healthcare expenditure. The microtome
market in the Americas has further been branched into North America and Latin
America, with the North American market divided into the US and Canada. The
European microtome market has been categorized as Western Europe and Eastern
Europe. The Western European market has further been classified as Germany,
France, the UK, Italy, Spain, and the rest of Western Europe. The microtome
market in Asia-Pacific has been segmented into Japan, China, India, South
Korea, Australia, and the rest of Asia-Pacific. Due to the increasing
prevalence of chronic disorders and increasing patient pool, the market in
Asia-Pacific is expected to be the fastest-growing. The microtome market in the
Middle East & Africa has been bifurcated into the Middle East and Africa.
Segmentation
The
Global Microtome Market has been segmented based on product, application,
technology, and end-user.
The
market, based on product, has been divided into instruments and accessories.
Instruments are further sub-segmented into rotary microtomes, cryostat
microtomes, vibrating microtomes, and others. Instruments are expected to hold
the largest share, due to the commercial availability of these systems and
their high adoption rate due to ease of handling.
In terms
of application, the global microtome market has been segmented into
disease diagnosis and medical research. Disease diagnosis takes up the largest
share due to the increasing number of tissue examinations in research
laboratories and hospitals owing to rising awareness about the benefits of
early diagnosis of diseases like cancer.
In terms
of technology, the global microtome market has been segmented into manual,
semi-automated microtomes, and fully automated microtomes. The fully automated
segment held the majority share due to rising demand for technologically
advanced products and its ability to show the highest precision in section
thickness. Additionally, fully automated microtomes do not require tedious
manual adjustments.
In terms
of end-user, the global microtome market has been segmented into hospital
laboratories and clinical laboratories. Hospital laboratories take up the
largest share. The positive growth of hospitals is attributed to factors
such as a high volume of routine tissue examinations performed in
hospital-based laboratories across the globe and growing patient population.
Key
Players
Some of
the key players in the Global Microtome Market are Amos
Scientific Pty Ltd (Australia), Danaher (US), Diapath S.p.A. (Italy),
Histo-Line Laboratories (Italy), Jinhua YIDI Medical Appliance Co., Ltd
(China), MEDITE GmbH (Germany), Boeckeler Instruments, Inc. (US), Sakura
Finetek (Japan), SLEE Medical GmbH (Germany), and Thermo Fisher Scientific (US)
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