Microtomes Market Continues To Grow Owing To the Demand from Various Industrial Laboratories and Clinical Research Centers All Over the World despite Its High Cost

 

Microtomes, also known as mini-microscopes, are instruments that consist of a small, fine-scale rotating instrument housing and a microelectronic zoom lens. A microtome is usually a rotary cutter used to create very small slices of solid material such as dried rice. Important in science, microtomes have been used in molecular biology, enabling the production of minute sample pieces for biopsy under an electron microscope or fluorescent light. Microtomes are used extensively in the creation of microfilms and have also been used extensively for research work in the field of genetics, microbiology, immunology, physi

Microtomes Market

ology, etc. Microtomes have revolutionized how medical scientists observe living samples in both animal and plant cells and have enabled them to generate high-resolution images of cells and tissues.

Although microtomes are just miniature versions of microscope slides or binoculars, a hand microtome has the sharp edge for leaving minute microdissection ends. The devices can be purchased from your nearest pet shop or the cosumer can also use inexpensive microtomes. To make it easier for the users, microtomes come pre-assembled and ready to use, all the user needs to do is insert the microtome slides and finely cut the desired thickness.

Market Dynamics                                               

The main driving factor influencing the growth of the microtomes market is the rapid increase of funding and investment for the development of microtomes by the key players and the demand from diagnostic and clinical research laboratories. For instance, in the financial year 2018, the Indian government spent approximately US$ 15,601 million on research and development sectors. Moreover, the demand for microtomes in the practices of histopathology is expected to boost market growth.

However, the high cost and few disadvantages associated with microtomes are the main restraining factor hindering the market growth. For instance, the cost of Leica Microtome RM2255 is between US$ 6900 to US$ 9800 and is very expensive for developing nations of regions such as Asia Pacific, Africa, and the Middle East.

This market is distributed in five regions that include North America, Europe, Asia-Pacific, Middle East, and Africa, and Latin America. Among these, North America is estimated to hold a bigger share of the microtomes market owing to the rapid growth of industrial laboratories and clinical research institutes in the region. For instance, according to the Centers for Disease Control and Prevention (CDC0 there are over 200,000 clinical laboratories in the U.S. Among these, hospital laboratories comprise about 5% and perform the major tests. The microtomes market in Europe is estimated to witness significant growth owing to the rapid growth of histopathology procedures in the region.

Competitive Analysis

Key players operating in the global microtomes market include Thermo Fisher Scientific, Amos Scientific Pty Ltd, Alltion, AGD Biomedicals (P) Ltd., MICROS Austria Produktions-und Handelsges.m.b.H, S.M. Scientific Instruments Pvt. Ltd., Nanolytik, Boeckeler Instruments, SLEE medical GmbH, MEDITE GmbH, Nussloch GmbH, Leica Biosystems, LaserLabSolutions GmbH, and LLS ROWIAK.

In 2018, Danaher Corporation introduced HistoCoreAUTOCUT, HistoCore MULTI CUT, and HistoCore BIOCUT clinical microtomes. Like in 2018 Sakura Finetek introduced the Accu-Cut SRM 300 LT, which is a manual microtome. In 2019, PHC Holdings Corporation acquired the anatomical pathology business of Thermo Fisher Scientific, which was a part of Thermo Fisher's Specialty Diagnostics Segment.

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