Global Laser Capture Microdissection Market is valued approximately USD 139.37 million in 2021 and is anticipated to grow with a healthy growth rate of more than 11.52% over the forecast period 2022-2028.
Laser capture microdissection (LCM) is also known as laser microdissection, microdissection, or laser-assisted microdissection. It is a method of separating specific cells from microscopic regions of cells, tissue, or organisms. In this procedure, specific single cells or complete areas of tissues are isolated from different types of samples in the microscopic visualization. This method helps in preserving the original morphology of the separated tissue sample. The growing investment for the R&D activities, technical advantages of LCM, coupled with rising healthcare expenditure are the major factors that are accelerating the market growth across the globe. For instance, as per the Centers for Medicare and Medicaid Service, in 2020 the total healthcare spendings in United States was increases 9.7% to USD 4.1 trillion and has witnessed a growth for 19.7% of Gross Domestic Product (GDP). Moreover, the amount is likely to grow at an average annual rate of 5.4 percent for 2019-28 and to reach $6.2 trillion by 2028. Therefore, growing spending on healthcare facilities is surging the demand for laser capture microdissection, which, in turn, drives the market growth worldwide. However, the growing need for a high degree of technical expertise and high costs of instruments, accessories, and maintenance impedes the growth of the market over the forecast period of 2022-2028. Also, the development of the emerging economies and increasing applications of laser capture microdissection is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Laser Capture Microdissection market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the availability of better healthcare facilities and the growth of pharmaceutical companies and CROs. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing expenditure on R&D activities., as well as technological development, would create lucrative growth prospects for the Laser Capture Microdissection market across the Asia-Pacific region.
Major market players included in this report are:
Thermo Fisher Scientific, Inc.
Danaher Corporation
Carl Zeiss AG
Molecular Machines & Industries
INDIVUMED GmbH
Theranostics Health Inc.
Ocimum Biosolutions LLC
DeNova Sciences Pte. Ltd.
3DHISTECH Ltd.
AvanSci Bio LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Consumables
Reagents and Media
Assay Kits
Other Consumables
Instruments
Software and Services
By System Type:
Ultraviolet LCM
Infrared LCM
Ultraviolet and Infrared LCM
Immunofluorescence LCM
By Application:
Research and Development
Molecular Biology
Cell Biology
Forensic Science
Diagnostics
Other Applications
By End User:
Academic and Government Research Institutes
Hospitals
Pharmaceutical and Biotechnology Companies
Contract Research Organizations (CROs)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Laser Capture Microdissection Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
