The global microtome market size is expected to reach USD 215.6 Million in 2028 and register a revenue CAGR of 6.2% over the forecast period, according to the latest report by Reports and Data. Increasing prevalence of chronic diseases and rise in the number of routine tissue examinations are some key factors expected to drive market revenue growth over the forecast period. In addition, increasing number of in-office histopathological laboratories are gaining Clinical Laboratory Improvement Amendments (CLIA) certifications, which is expected to contribute to revenue growth of the market going ahead.
Cancer is one of the leading causes of mortality worldwide, and the number of histopathology examinations is increasing in tandem with prevalence. A tissue pathological examination is required for the diagnosis of a cancerous tumor in order to determine the onset of cancer. Increasing cancer prevalence and rising awareness regarding benefits of early disease diagnosis are factors expected to boost adoption of microtome tools during the forecast period. Biopsy tissue analysis can be used by pathologists to identify the type of cancer, stages, and area of cancer spread. Microtome tools are precision tools made of steel, diamond, and other elements that are used to cut microscopic samples of body tissues. For oncological diseases, tissue examination is performed to detect the presence of tumor cells. As a result, microtome devices play an important role in eliminating particular tissue, which is expected to augment market revenue growth. However, high cost of microtome devices and complex and expensive maintenance are some key factors expected to restrain market growth to a certain extent over the forecast period.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Thermo Fisher Scientific Inc., Medite Medical GmbH, Diapath S.P.A., Histo-Line Laboratories Srl, Boeckeler Instruments, Inc., Amos Scientific Pty Ltd., Jinhua YIDI Medical Appliance Co. Ltd., Leica Biosystems Nussloch GmbH, Sakura Finetek USA, Inc., and SLEE Medical GmbH.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Microtome market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
On basis of product types and application offered by the Microtome industry, the market is segmented into:
Product Outlook (Revenue, USD Million; 2018-2028)
- Rotary Microtomes
- Microtome Instruments
- Vibrating Microtomes
- Laser Microtomes
- Sledge Microtomes
- Cryostat Microtomes
- Saw Microtomes
- Sliding Microtomes
- Freezing Microtomes
- Hand Microtomes
- Compresstome Microtomes
Technology Outlook (Revenue, USD Million; 2018-2028)
- Fully Automated Microtomes
- Semi-automated Microtomes
- Manual Microtomes
Application Outlook (Revenue, USD Million; 2018-2028)
- Disease Diagnosis
- Medical Research
End-Use Outlook (Revenue, USD Million; 2018-2028)
- Hospital Laboratories
- Clinical Laboratories
The regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Benefits of Microtome Market Report:
- Panoramic overview of the opportunities and risks in the Microtome sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Microtome industry
- In-depth assessment of the competitive landscape of the key players of the Microtome industry
- Analysis of the Microtome market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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