Global Vibrating Microtome Market

Vibrating Microtome Market Overview

The global vibrating microtome market is anticipated to grow with a CAGR of 3.1% during the forecast period, 2022-2028. The growing prevalence of chronic diseases, increasing geriatric population, and growing demand for healthcare expenditure, digital pathology due to the increasing prevalence of oncological disorders, especially in developed economies, are the key factors driving the growth of the global vibrating microtome market during the forecast period. Furthermore, rising investments in research & development activities, growing product innovations, effective allocation of resources, and the increasing presence of new players have also boosted the growth of the vibrating microtome market across the globe.

What is a Vibrating Microtome?

A microtome is a specialized precision tissue sectioning instrument used to cut uniformly thin slices of a biological sample obtained from animals and plants. It consists of various components and accessories, such as specialized blades manufactured using metal, glass or diamond for different specimens and sample thicknesses. Various types of microtomes are available such as rotational microtomes, sled microtomes, vibrating microtomes, cryostat and ultra-microtomes. A vibrating microtome is an advanced instrument used to cut thin slices of material (although usually thicker) than those cut in paraffin-embedded samples. It is similar to a microtome but uses a vibrating blade to cut through tissue. It ensures accurate cutting of tissue under physiological conditions without freezing or embedding. This Microtome maintains cell morphology, enzyme activity, and cell viability of the tissue, providing good conditions for immunocytochemistry research and spinal & cerebrum disorder’s neurobiology.

Growth Driver

Increasing healthcare expenditure and growing demand for high-quality diagnostic technologies

The increasing healthcare expenditure, growing commercial availability of high-quality diagnostic technologies in developed economies, supportive government policies and incentives, and growing technological breakthroughs are the primary factors accelerating the growth of the global vibrating microtome market during the forecast period. Vibrating Microtome is used to cut biological specimens into very thin segments for microscopic examination, to produce high-quality sections of fresh, unfixed material from animal or botanical sources etc. across immunocytochemistry research and spinal & cerebrum disorder’s neurobiology, electron-microscope, dissection, cyemology, physiology, biology, microbiology, biotechnology, and other medical and scientific research. Moreover, the growing number of histology labs and clinical laboratories among various developed and developing countries, such as the US, is expected to propel the growth of the vibrating microtome market across the globe. Furthermore, the global increase in the prevalence of oncological disorders and various government and health organizations are increasingly spending in the medical and scientific research for diagnosis and treatment of cancer has also increased the demand for vibrating microtomes across the globe. In addition, growing advancements in diagnostic tools and the growing trend of automation and high throughput devices among diagnostic laboratories are expected to propel the demand for automated vibrating Microtome across the globe.

Pre-Covid-19 impact on the global Vibrating Microtome market

Increasing use of Vibrating Microtome among various clinical applications and growing cytological studies using tissue samples cancer detection has boosted the growth of the global vibrating microtome market in the pre-COVID era. Furthermore, the increasing applications of vibrating microtome research & development applications in pharmaceutical and life sciences industries and agriculture and environmental sciences have also significantly increased the demand for vibrating Microtome across the globe.

Covid-19 impact on the global Vibrating Microtome market

The COVID-19 pandemic has significantly impacted the overall growth of the vibrating microtome market in 2021 across the globe. The shifting focus of government and various health organizations towards the COVID-19 pandemic has significantly declined various clinical trials and research studies on various diseases. In addition, due to various government norms, such as nationwide lockdown and complete shutdown of manufacturing facilities, the leading players of vibrating Microtomes have witnessed a significant decline in their revenue growth and lower demand for vibrating microtomes across the globe. However, the industries are recovering due to the easing of the norms by the government with preventive measures such as social distancing and relief funds.

Post Covid-19 impact on the global Vibrating Microtome market

The rapid technological advancements in the manufacturing of advanced Vibrating Microtome and increasing R&D spending in product innovations to extend product applications among various end-user industries such as pharmaceutical, life sciences industries, agriculture and environmental sciences is further expected to propel the growth of the global vibrating microtome market in the coming years. Furthermore, the growing healthcare expenditure and increasing adoption of technologically advanced diagnostic devices in clinical laboratories and medical research organizations of various developed and developing countries have increased the demand for advanced Vibrating Microtome across the globe.

Type Segmental Analysis

Based on the Type, the global Vibrating Microtome market is categorized as Semi-automated and Fully Automated. The Fully Automated segment is expected to have the largest share in the global Vibrating Microtome market in 2021 due to the increasing adoption of digitalization in tissue diagnostic procedures and growing need for technologically advanced products, especially in developed and developing economies such as the U.S., Germany, France, Japan, China, and India. In addition, the rising number of routine tissue examinations in research laboratories and hospitals due to growing awareness about the benefits of early diagnosis of various diseases, including cancer, have also increased the demand for the vibrating Microtome across the globe. Moreover, the increasing workload in histopathology laboratories is expected to increase automation in tissue diagnostics to optimize productivity without hampering sample quality.

Region Segmental Analysis

The Vibrating Microtome market is characterized by North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North American region is expected to dominate the Vibrating Microtome Market and continue this growth rate during the forecast period, 2022-2028. The developed countries of the North America region, such as the US, are the major contributors to the Vibrating Microtome Market’s growth due to the rising number of clinical laboratories and medical research centers, increasing rising geriatric population and subsequent growth in prevalence of chronic and infectious diseases, the increasing number of immunocytochemistry research and technological advancements. Furthermore, the increasing prevalence of cancer, increasing demand for technologically advanced diagnostic equipment, and growing laboratory automation lead to increased demand for vibrating Microtome in the region. However, the Asia Pacific region is expected to witness significant growth in the vibrating microtome market during the forecast period.

Competitor Analysis

Companies include Leica GmbH, Thermo Fisher, Lafayette Instrument Company, Inc., Labtron Equipment Ltd., World Precision Instruments, ROWIAK GmbH, Dosaka Em Co. Ltd., Ted Pella Inc., Shanghai Zhixin Instrument Co. Ltd., Precision Instruments, and other prominent players are the key players in the Vibrating Microtome market. Key Stakeholders

• Market research and consulting firms
• Industry associations
• Global Vibrating Microtome manufacturing firm
• Local Governments
• Regulatory bodies
• Suppliers
• Retailers

Recent Developments

• In April 2021, Leica Biosystems, a globally recognized cancer diagnostics and workflow solution leader and Paige, a global leader in AI-based digital diagnostics, announced a strategic partnership to expand access to computational pathology products for clinical and translational research.
• In May 2021, Leica Biosystems, a global leader in pathology workflow solutions, collaborates with the European Society for Digital and Integrative Pathology (ESDIP) to support Labs on their way to Digital Evolution.

Scope of the Report

Report Attribute	Details
The revenue forecast in 2028	USD Million
Growth Rate	CAGR of 3.1% from 2022 to 2028.
Historical data	2017 – 2020
Base Year	2021
Forecast period	2022 – 2028
Region covered	America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	Leica GmbH, Thermo Fisher, Lafayette Instrument Company, Inc., Labtron Equipment Ltd., World Precision Instruments, ROWIAK GmbH, Dosaka Em Co. Ltd., Ted Pella Inc., Shanghai Zhixin Instrument Co. Ltd., Precision Instruments, and Other prominent players.

Market Modelling

By Type

• Semi-automated
• Fully Automated

By Component & Accessories

• Instruments
• Blades
  • Ceramic Blades
  • Stainless Steel Blades
• Other Accessories

By End-User

• Medical Research Organizations
• Clinical Research Organizations
• Hospitals laboratories
• Diagnostic Centers
• Histopathology
• Others

By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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