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Global Microtome Market by Product (Instruments, (Rotary), Accessories (Microtome Blades)), Application (Disease Diagnosis, Medical Research), Technology (Fully Automated, Semi-automated, Manual), End-user (Hospital, Clinical Labs), and Region - Forecast to 2027

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    Report

  • 211 Pages
  • May 2022
  • Region: Global
  • Markets and Markets
  • ID: 4832572

Growing Focus on Personalized Medicine Presents Lucrative Opportunities

The microtomes market is projected to reach USD 585.2 million by 2027 from USD 425.4 million in 2022, at a CAGR of 6.6%. Some of the key factors driving the growth of this market include the high prevalence of cancer, growing demand for digital pathology, and the increasing healthcare expenditure. In addition, the growing focus on personalized medicine and the untapped growth potential of emerging economies are expected to offer growth opportunities for players operating in the microtomes market. However, a lack of skilled professionals to operate microtomes is a key challenge for the growth of this market.



Based on end user the market is classified into hospital laboratories, clinical laboratories, and other end-users. The growth of this market is majorly driven by the increasing number of specialty diagnostic tests performed in hospital laboratories, rising number of in-house clinical diagnostic procedures in hospitals, rising number of hospitals across the globe, and the growing trend of establishing in-house clinical diagnostic capabilities in hospitals.

Microtome instruments in the product segment to witness the highest shares during the forecast period

Based on the product, the microtome market is segmented into Microtome Instruments: Rotary Microtomes, Cryostat Microtomes, Vibrating Microtomes, Other Microtomes, and Microtome Accessories. The microtome instruments segment is expected to dominate the microtome market. High expenditure on microtome instruments and their essential use in the histological diagnosis of various diseases are the key factors driving the growth of the automated microtome market.
 

Asia Pacific is estimated to register the highest CAGR during the forecast period


In this report, the microtome market is segmented into four major regional segments, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The market in Asia Pacific is projected to register the highest growth rate during the forecast period. The growth in this market is primarily driven by the rising disposable income of the middle-class population, infrastructural developments, and the rising penetration of diagnostic technologies in Asian countries such as India and China in addition, the rising incidence of cancer and the growing focus of global medical device companies on expanding their presence in emerging Asia Pacific countries are some of the key factors. 


Research Coverage


This report studies the microtome market based on product, and region. The report also analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total microtome market. The report forecasts the revenue of the market segments with respect to five major regions.


List of Companies Profiled

  • Danaher Corporation (US)
  • Boeckeler Instruments, Inc. (US)
  • SM Scientific Instruments Pvt. Ltd. (India)
  • PHC holdings corporation (Japan)
  • Cardinal Health (US)
  • Bright Instruments (UK)
  • Sakura Finetek USA, Inc. (US)
  • Jinhua Yidi Medical Equipment Co. Ltd. (China)
  • Ted Pella, Inc. (US)
  • Medimeas (India)
  • SLEE medical GmbH (Germany)
  • Histo-Line Laboratories (Italy)
  • microTec Laborgeräte GmbH (Germany)
  • MEDITE Medical GmbH (Germany)
  • Campden Instruments (UK)
  • Lupetec (Brazil)
  • AGD BIOMEDICALS Pvt. Ltd. (India)
  • Lafayette Instrument Company (US)
  • MILESTONE MEDICAL (US)
  • Diapath S.p.A. (Italy)
  • RWD Life Science Co. Ltd. (China)
  • LABOID INTERNATIONAL (India)
  • Shenzhen Dakewei Biotechnology Co. Ltd. (China)
  • Amos scientific Pty. Ltd. (Australia)

Breakdown of supply-side primary interviews, by company type, designation, and region: 

  • By Company Type: Tier 1 (32%), Tier 2 (44%), and Tier 3 (24%) 
  • By Designation: C-level (30%), Director-level (34%), and Others (36%)
  • By Region: North America (40%), Europe (28%), Asia-Pacific (20%), and  Rest of the World (12%) 

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on microtome products offered by the top 25 players in the microtome market. The report analyzes the microtome market by product, and region.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various securement devices across key geographic regions.
  • Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the microtome market 
  • Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the microtome market
Frequently Asked Questions about the Global Microtome Market

What is the estimated value of the Global Microtome Market?

The Global Microtome Market was estimated to be valued at $425.0 Million in 2022.

What is the growth rate of the Global Microtome Market?

The growth rate of the Global Microtome Market is 6.6%, with an estimated value of $585.0 Million by 2027.

What is the forecasted size of the Global Microtome Market?

The Global Microtome Market is estimated to be worth $585.0 Million by 2027.

Who are the key companies in the Global Microtome Market?

Key companies in the Global Microtome Market include AGD BIOMEDICALS Pvt. Ltd. (India), Amos scientific Pty. Ltd. (Australia), Boeckeler Instruments, Inc. (US), Bright Instruments (UK), Campden Instruments (UK), Cardinal Health (US), Danaher Corporation (US), Diapath S.p.A. (Italy) and Line Laboratories (Italy).

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Source
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Microtomes: Market Overview
4.2 Asia Pacific: Microtomes Market Share, By End User and Country (2019)
4.3 Microtomes Market, By Technology (USD Million)
4.4 Microtomes Market, By Application, 2019 vs. 2024 (USD Million)
4.5 Microtomes Market, By Product, 2019 vs. 2024 (USD Million)
4.6 Geographical Snapshot of the Microtomes Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 High Prevalence of Cancer
5.2.1.2 Growing Demand for Digital Pathology
5.2.1.3 Increasing Healthcare Expenditure
5.2.2 Market Restraints
5.2.2.1 Lack of Skilled Professionals
5.2.3 Market Opportunities
5.2.3.1 Growing Focus on Personalized Medicine
5.2.3.2 Emerging Economies
6 Microtomes Market, By Product
6.1 Introduction
6.2 Microtome Instruments
6.2.1 Rotary Microtomes
6.2.1.1 Rotary Microtomes are the Most Common Types of Microtomes Used in Histology Laboratories
6.2.2 Cryostat Microtomes
6.2.2.1 Cryostat Microtomes Provide Immediate Results By Quickly, Reliably, and Safely Cutting Accurate Frozen Sections
6.2.3 Vibrating Microtomes
6.2.3.1 Vibrating Microtomes are Designed to Cut Fresh Tissue Specimens
6.2.4 Other Microtomes
6.3 Microtome Accessories
6.3.1 The Adoption of Disposable Blades has Increased as they Help in Producing High-Quality Sections
7 Microtomes Market, By Application
7.1 Introduction
7.2 Disease Diagnosis
7.2.1 High Prevalence of Cancer to Drive Market Growth
7.3 Medical Research
7.3.1 Increasing Research Activities to Drive the Adoption of Microtomes
8 Microtomes Market, By Technology
8.1 Introduction
8.2 Manual Microtomes
8.2.1 Lower Cost and User Comfort Associated With these Microtomes are Driving their Adoption
8.3 Semi-Automated Microtomes
8.3.1 Semi-Automated Microtomes to Register the Highest Growth Rate During the Forecast Period
8.4 Fully Automated Microtomes
8.4.1 Lack of Clinical Laboratory Technicians and the High Prevalence of Cancer Have Resulted in the Increased Adoption of Fully Automated Microtomes
9 Microtomes Market, By End User
9.1 Introduction
9.2 Hospital Laboratories
9.2.1 Hospital Laboratories Accounted for the Largest Share of the Market, By End User
9.3 Clinical Laboratories
9.3.1 Presence of Robust Infrastructure to Perform Tests in High Volumes is Estimated to Drive Market Growth
9.4 Other End Users
10 Microtomes Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 High Burden of Cancer and Numerous Conferences on Anatomic Pathology to Drive Market Growth
10.2.2 Canada
10.2.2.1 Availability of Research Funding & Rising Incidence of Cancer to Drive Market Growth
10.3 Europe
10.3.1 Germany
10.3.1.1 Increasing Prevalence of Chronic Diseases and Large-Scale Outsourcing of Clinical Diagnostic Tests By Hospitals to Commercial Service Providers to Support Market Growth
10.3.2 UK
10.3.2.1 Government Initiatives to Drive Market Growth in the UK
10.3.3 France
10.3.3.1 High Prevalence of Cancer to Support Market Growth in France
10.3.4 Italy
10.3.4.1 High Prevalence of Cancer and Increasing Per Capita Healthcare Spending to Support Market Growth in Italy
10.3.5 Spain
10.3.5.1 High Incidence of Chronic Diseases to Drive Market Growth in Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.1.1 Presence of A Well-Developed Healthcare System to Support Market Growth in Japan
10.4.2 China
10.4.2.1 Rising Healthcare Expenditure to Drive the Market Growth
10.4.3 India
10.4.3.1 Growing Healthcare Sector in the Country to Drive Market Growth
10.4.4 Rest of Asia Pacific
10.5 Rest of the World
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis, 2018
11.3 Competitive Scenario
11.3.1 Partnerships, Agreements, and Collaborations (2016–2019)
11.3.2 Product Launches (2016–2019)
11.3.3 Acquisitions (2016–2019)
11.4 Competitive Leadership Mapping (Overall Market)
11.4.1 Vendor Inclusion Criteria
11.4.2 Vanguards
11.4.3 Innovators
11.4.4 Dynamic Players
11.4.5 Emerging Players
12 Company Profiles
12.1 Amos Scientific Pty Ltd
12.2 Danaher
12.3 Diapath S.p.A.
12.4 Histo-Line Laboratories
12.5 Jinhua YIDI Medical Appliance Co.,Ltd
12.6 MEDITE GmbH
12.7 RMC Boeckeler
12.8 Sakura Finetek
12.9 SLEE Medical GmbH
12.10 Thermo Fisher Scientific
13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Available Customization
13.5 Related Reports
13.6 Author Details
List of Tables
Table 1 Global Cancer Incidence, 2018 vs. 2025
Table 2 Healthcare Spending (% of GDP), By Country, 2006 vs. 2016
Table 3 Growth in the Number of Personalized Medicines, 2008–2016
Table 4 Microtomes Market, By Product, 2017–2024 (USD Million)
Table 5 Microtome Instruments Market, By Region, 2017–2024 (USD Million)
Table 6 Microtome Instruments Market, By Type, 2017–2024 (USD Million)
Table 7 Rotary Microtomes Market, By Region, 2017–2024 (USD Million)
Table 8 Cryostat Microtomes Market, By Region, 2017–2024 (USD Million)
Table 9 Vibrating Microtomes Market, By Region, 2017–2024 (USD Million)
Table 10 Other Microtomes Market, By Region, 2017–2024 (USD Million)
Table 11 Microtome Accessories Market, By Region, 2017–2024 (USD Million)
Table 12 Microtomes Market, By Application, 2017–2024 (USD Million)
Table 13 Microtomes Market for Disease Diagnosis, By Region, 2017–2024 (USD Million)
Table 14 Microtomes Market for Medical Research, By Region, 2017–2024 (USD Million)
Table 15 Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 16 Manual Microtomes Market, By Region, 2017–2024 (USD Million)
Table 17 Semi-Automated Microtomes Market, By Region, 2017–2024 (USD Million)
Table 18 Fully Automated Microtomes Market, By Region, 2017–2024 (USD Million)
Table 19 Microtomes Market, By End User, 2017–2024 (USD Million)
Table 20 Microtomes Market for Hospital Laboratories, By Region, 2017–2024 (USD Million)
Table 21 Microtomes Market for Clinical Laboratories, By Region, 2017–2024 (USD Million)
Table 22 Microtomes Market for Other End Users, By Region, 2017–2024 (USD Million)
Table 23 Microtomes Market, By Region, 2017–2024 (USD Million)
Table 24 North America: Microtomes Market, By Country, 2017–2024 (USD Million)
Table 25 North America: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 26 North America: Microtome Instruments Market, By Type, 2017–2024 (USD Million)
Table 27 North America: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 28 North America: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 29 North America: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 30 Conferences/Meetings/Courses/Workshops Held/To Be Held in the Us
Table 31 US: Key Macroindicators
Table 32 US: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 33 US: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 34 US: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 35 US: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 36 Canada: Key Macroindicators
Table 37 Canada: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 38 Canada: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 39 Canada: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 40 Canada: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 41 Europe: Microtomes Market, By Country, 2017–2024 (USD Million)
Table 42 Europe: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 43 Europe: Microtome Instruments Market, By Type, 2017–2024 (USD Million)
Table 44 Europe: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 45 Europe: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 46 Europe: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 47 Germany: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 48 Germany: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 49 Germany: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 50 Germany: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 51 UK: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 52 UK: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 53 UK: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 54 UK: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 55 France: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 56 France: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 57 France: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 58 France: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 59 Italy: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 60 Italy: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 61 Italy: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 62 Italy: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 63 Spain: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 64 Spain: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 65 Spain: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 66 Spain: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 67 RoE: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 68 RoE: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 69 RoE: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 70 RoE: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 71 Asia Pacific: Microtomes Market, By Country, 2017–2024 (USD Million)
Table 72 Asia Pacific: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 73 Asia Pacific: Microtome Instruments Market, By Type, 2017–2024 (USD Million)
Table 74 Asia Pacific: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 75 Asia Pacific: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 76 Asia Pacific: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 77 Japan: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 78 Japan: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 79 Japan: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 80 Japan: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 81 China: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 82 China: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 83 China: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 84 China: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 85 India: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 86 India: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 87 India: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 88 India: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 89 RoAPAC: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 90 RoAPAC: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 91 RoAPAC: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 92 RoAPAC: Microtomes Market, By End User, 2017–2024 (USD Million)
Table 93 RoW: Microtomes Market, By Product, 2017–2024 (USD Million)
Table 94 RoW: Microtome Instruments Market, By Type, 2017–2024 (USD Million)
Table 95 RoW: Microtomes Market, By Application, 2017–2024 (USD Million)
Table 96 RoW: Microtomes Market, By Technology, 2017–2024 (USD Million)
Table 97 RoW: Microtomes Market, By End User, 2017–2024 (USD Million)
List of Figures
Figure 1 Microtomes Market Segments
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Microtomes Market, By Product, 2019 vs. 2024 (USD Million)
Figure 8 Microtome Instruments Market, By Type, 2019 vs. 2024 (USD Million)
Figure 9 Microtomes Market, By Application, 2019 vs. 2024 (USD Million)
Figure 10 Microtomes Market, By Technology (USD Million)
Figure 11 Microtomes Market, By End User, 2019 vs. 2024 (USD Million)
Figure 12 Geographical Snapshot: Microtomes Market
Figure 13 Microtomes Market to Witness Single-Digit Growth Rate During the Forecast Period
Figure 14 Hospital Laboratories to Command the Largest Share of the Apac Microtomes Market in 2019
Figure 15 Semi-Automated Microtomes to Register the Highest Growth Rate During the Forecast Period
Figure 16 Disease Diagnosis Segment is Projected to Dominate the Microtomes Market in 2024
Figure 17 Microtome Instruments Segment to Witness the Highest Growth During the Forecast Period
Figure 18 China to Register the Highest Cagr During the Forecast Period
Figure 19 Microtomes Market: Drivers, Restraints, and Opportunities
Figure 20 Microtome Accessories to Register the Highest Growth During the Forecast Period
Figure 21 Disease Diagnosis Segment Will Continue to Dominate the Microtomes Market During the Forecast Period
Figure 22 Manual Microtomes Segment Will Continue to Dominate the Microtomes Market in 2024
Figure 23 Hospital Laboratories Segment to Dominate the Microtomes Market During the Forecast Period
Figure 24 North America: Microtomes Market Snapshot
Figure 25 US: Cancer Statistics
Figure 26 Canada: Cancer Statistics
Figure 27 Europe: Microtomes Market Snapshot
Figure 28 Asia Pacific: Microtomes Market Snapshot
Figure 29 RoW: Microtomes Market Snapshot
Figure 30 Key Developments in the Microtomes Market Between 2016 and 2019
Figure 31 Market Evolution Framework
Figure 32 Microtomes Market Share Analysis, By Key Player, 2018
Figure 33 Microtomes Market (Global) Competitive Leadership Mapping, 2019
Figure 34 Company Snapshot: Danaher
Figure 35 Company Snapshot: Thermo Fisher Scientific

Executive Summary

Companies Mentioned

  • AGD BIOMEDICALS Pvt. Ltd. (India)
  • Amos scientific Pty. Ltd. (Australia)
  • Boeckeler Instruments, Inc. (US)
  • Bright Instruments (UK)
  • Campden Instruments (UK)
  • Cardinal Health (US)
  • Danaher Corporation (US)
  • Diapath S.p.A. (Italy)
  • Histo-Line Laboratories (Italy)
  • Jinhua Yidi Medical Equipment Co. Ltd. (China)
  • LABOID INTERNATIONAL (India)
  • Lafayette Instrument Company (US)
  • Lupetec (Brazil)
  • Medimeas (India)
  • MEDITE Medical GmbH (Germany)
  • microTec Laborgeräte GmbH (Germany)
  • MILESTONE MEDICAL (US)
  • PHC holdings corporation (Japan)
  • RWD Life Science Co. Ltd. (China)
  • Sakura Finetek USA, Inc. (US)
  • Shenzhen Dakewei Biotechnology Co. Ltd. (China)
  • SLEE medical GmbH (Germany)
  • SM Scientific Instruments Pvt. Ltd. (India)
  • Ted Pella, Inc. (US)

Methodology

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