North America Microtome Market

The North America Microtome Market size was valued at US$ 59,961.2 K in 2019 and is projected to reach US$ 94,198.6 K by 2027, growing at a CAGR of 6.0% during 2020 - 2027.

Report Coverage
  • Product: Microtome Instruments, Microtome Accessories
  • Technology: Manual Microtomes, Semi-automated Microtomes, Fully Automated Microtomes
  • End User: Hospitals, Clinical Laboratories, Other End Users
US$ 59,961.2 K Market size in 2019
US$ 94,198.6 K Market Size by 2027
6.0% CAGR, 2020 - 2027
2020-2027 Forecast Period

Market Introduction

Microtome is a device used for sample preparation in laboratories. Microtomes are utilized to provide thin parts of biological specimens into evenly thin sections for a detailed microscopic examination. A clear understanding of the structure of the tissue sample is essential to understand the changes that arise in the tissue sample during the progression of the disease. Some diseased tissues are difficult to evaluate and require careful dissection. Present microtomes are equipped with three essential components viz. body, knife & knife attachment, and material- or tissue-holder.

Market Overview and Dynamics

The North America microtome market is expected to reach US$ 94,198.6 thousand in 2027 from US$ 59,961.2 thousand in 2019. The market is expected to grow with a CAGR of 6.0% from 2020-2027. Factors driving the market growth include rising prevalence of cancer, and increasing adoption of digital pathology. Whereas, the market is likely to have negative impact due to lack of skilled professionals.

Key Market Segments

By product, the microtome instrument segment held the largest share of the market in 2019; moreover, the same segment is anticipated to register the highest CAGR in the market during the forecast period. In terms of technology, the fully automated microtomes segment held the largest share of the market in 2019; moreover, the same segment is expected to grow at the fastest rate during the coming year. In end-user segment, the clinical laboratories segment held the largest share of the market. Moreover, the same segment is expected to grow at the fastest rate during the coming year.

Major Sources and Companies Listed

Some of the major primary and secondary sources for North America microtome market included in the report are, World Health Organization (WHO), National Cervical Cancer Coalition, National Breast, and Cervical Cancer Early Detection Program (NBCCEDP) and others.

Reasons to buy the report

  • To understand the North America microtome market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America microtome market
  • Efficiently plan M&A and partnership deals in North America microtome market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America microtome market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in North America.

 

North America Microtome Market –

By Product

  • Microtome Instruments
    • Rotary Microtomes
    • Cryostat Microtomes
    • Vibrating Microtomes
    • Other Microtome Instruments
  • Microtome Accessories

By Technology

  • Manual Microtomes
  • Semi-automated Microtomes
  • Fully Automated Microtomes

By End User

  • Hospitals
  • Clinical Laboratories
  • Other End Users

By Country

  • US
  • Canada
  • Mexico

 

Company Profiles

  • PHC Holdings Corporation
  • MEDITE Medical GmbH
  • Sakura Finetek USA, Inc.
  • Leica Biosystems Nussloch GmbH (Danaher)
  • Boeckeler Instruments, Inc.

North America Microtome Market Strategic Insights

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North America Microtome Market Report Highlights

Report Attribute Details
Market size in 2019 US$ 59,961.2 thousand
Market Size by 2027 US$ 94,198.6 thousand
CAGR (2020 - 2027) 6.0%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Product
  • Microtome Instruments
  • Microtome Accessories
By Technology
  • Manual Microtomes
  • Semi-automated Microtomes
  • Fully Automated Microtomes
By End User
  • Hospitals
  • Clinical Laboratories
  • Other End Users
Regions and Countries Covered
North America US, Canada, Mexico
Market leaders and key company profiles
  • PHC Holdings Corporation
  • MEDITE Medical GmbH
  • Sakura Finetek USA, Inc.
  • Leica Biosystems Nussloch GmbH (Danaher)
  • Boeckeler Instruments, Inc.
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North America Microtome Market Country and Regional Insights

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Research Methodology

The market analysis combines proprietary research with secondary data from government agencies, company disclosures, regulatory filings, industry databases and expert interviews. Market estimates are validated through data triangulation, cross-market benchmarking and analyst review.

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12 Questions Answered

Frequently Asked Questions

How big is the North America Microtome Market?

The North America Microtome Market is valued at US$ 59,961.2 thousand in 2019, it is projected to reach US$ 94,198.6 thousand by 2027.

What is the CAGR for North America Microtome Market by (2020 - 2027)?

As per our report North America Microtome Market, the market size is valued at US$ 59,961.2 thousand in 2019, projecting it to reach US$ 94,198.6 thousand by 2027. This translates to a CAGR of approximately 6.0% during the forecast period.

What segments are covered in this report?

The North America Microtome Market report typically cover these key segments-

  • Product (Microtome Instruments, Microtome Accessories)
  • Technology (Manual Microtomes, Semi-automated Microtomes, Fully Automated Microtomes)
  • End User (Hospitals, Clinical Laboratories, Other End Users)

What is the historic period, base year, and forecast period taken for North America Microtome Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Microtome Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
Who are the major players in North America Microtome Market?

The North America Microtome Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • PHC Holdings Corporation
  • MEDITE Medical GmbH
  • Sakura Finetek USA, Inc.
  • Leica Biosystems Nussloch GmbH (Danaher)
  • Boeckeler Instruments, Inc.
Who should buy this report?

The North America Microtome Market report is valuable for diverse stakeholders, including:

  • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
  • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
  • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
  • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
  • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

Essentially, anyone involved in or considering involvement in the North America Microtome Market value chain can benefit from the information contained in a comprehensive market report.

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116 pages PDF & Excel | 2020-10-08