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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Microtome Market Analysis by Region
The demand for microtomes in North America is influenced by several factors that reflect the region's advanced healthcare infrastructure, and robust research and development ecosystem. North America, particularly the United States and Canada, has a highly developed healthcare system with a significant focus on diagnostic services, pathology, and medical research. The need for precise and reliable tissue sectioning in diagnostic procedures drives the demand for high-quality microtomes. The region is also a global leader in biomedical research, including drug development, cancer research, and regenerative medicine. Microtomes are essential tools in histology labs where tissues are studied at the microscopic level to understand disease mechanisms and test new treatments.
The microtome market in the Asia Pacific is anticipated to grow significantly over the coming years due to the increasing number of laboratories in developing countries owing to the introduction of various favourable initiatives. For instance, the Kerala government in India launched a mini and super fab lab, a larger version of the technical prototyping platforms for design fabrication technology, in collaboration with the Massachusetts Institute of Technology (MIT) in January 2020.
Microtome Market Report Snapshots
Microtome Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market attained a value of nearly USD 66.36 million.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 104.78 million by 2032.
The major drivers of the market are the rising demand for fully automated microtomes and the growing requirement for microtomes in the increasing number of labs.
The key trends propelling the market growth include the development of advanced microtomes, the integration of various features to improve the efficiency of microtomes, and innovations in the designs of microtomes.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products considered in the market report are microtome devices and accessories.
The various technologies considered in the market report are fully automated, semi- automated, and manual.
The major players in the market are LLS ROWIAK LaserLabSolutions GmbH, Leica Biosystems Nussloch GmbH, Sakura Finetek Europe B.V., MEDITE Medical GmbH, and SLEE Medical GmbH, among others.
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