Global Microtome Market by Product (Instruments {Rotary Microtome, Cryostat Microtome, Vibrating Microtome, Others}, Accessories), Application (Disease Diagnosis, Medical Research), Technology (Manual Microtomes, Semi-automated Microtomes, Automated Microtomes), End-users (Hospitals, Clinical Laboratories, Others), Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), Global Forecast 2020 to 2030

Microtome devices are used for biological sectioning that uses raisins or paraffin. Wide range application of microtome instruments and accessories in the field of regenerative medicine, cardiology, cardiovascular research and medicine, osteology and orthopedics is expected to surge its demand in the coming few years. The development of advanced instruments such as laser microtomes will offer immense growth opportunities. Laser microtome cuts the tissue through usage of photons and laser beams. For instance, LLS ROWIAK LaserLabSolutions GmbH offers laser microtome TissueSurgeon. It is multi-purpose sectioning instrument which enables precise and contact free cutting of biological samples and a wide range of biomaterials. Furthermore, TissueSurgeon is based on femto-second laser technology, which is used for sectioning, structuring or gentle extraction of samples and materials in 2D and 3D for analysis.  

The global microtome market has been segmented based on product, application, technology, end-users, and region. Based on product, the global microtome market is categorized into instruments and accessories. Instruments segment is further sub-categorized into rotary microtome, cryostat microtome, vibrating microtome, and others. Instruments segment grabbed majority of the global microtome market in 2019. Easy availability and wide adoption of rotary microtomes in histology laboratories for cutting serial sections is expected to drive the growth of the segment. Application-wise, the global microtome is segmented into medical research and disease diagnosis. In 2019, disease diagnosis segment grabbed majority of the share of the global market owing to rise in incidence of cancer and other chronic diseases across the globe.

On the basis of technology, the global microtome market is segregated into manual, semi-automated and fully automated microtomes. Fully automated microtomes segment is anticipated to grow at a rapid pace owing to its ability to obtain high quality slicing using motorized push button sectioning process. Fully automated devices eliminate complexities, removes heat from specimen and provides slices as per the requirement. Furthermore, increasing preference for the digitalization of tissue diagnostic procedures is likely to propel the growth of the segment. On the basis of end-users, the global microtome market is segmented into hospitals, clinical laboratories and others. Clinical laboratories grabbed substantial share of the market share in 2019.

The global microtome market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global microtome market in 2019, however Asia Pacific is expected to grow at a highest pace through 2028.

Rapid adoption of advanced cancer diagnostic and screening tests, increase in incidences of chronic diseases, favorable reimbursement scenario for anatomic pathology diagnostic tests in the U.S. and Canada are factors anticipated to drive the microtome market in the region. Moreover, easy accessibility to advanced technologies and increasing healthcare expenditure are other major factors likely to boost the growth of the market in North America.

However, Asia Pacific is expected to grow at a rapid pace over the next few years. There is a strong growth potential in the emerging economies such as India, and China. Increased cases of cancer and large geriatric patient pool in low- and middle-income countries is expected to create huge growth opportunities for market players to tap these regions which will eventually foster the demand for microtome in the future.