July 22, 2022
According to the recent report titled ‘Global Laser Capture Microdissection Market Size study, 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)), and Regional Forecasts 2022-2028’ available with MarketStudyReport, global laser capture microdissection market accounted for USD 139.37 million in 2021 and is expected to reach USD 298.97 million in 2021, expanding at 11.52% CAGR throughout the study timeline.
The growing investment in the R&D activities, rising healthcare expenditure, and technical advantages of LCM are the major factors that are accelerating global laser capture microdissection market growth. Microdissection, laser microdissection, and laser-assisted microdissection are all terms used to describe laser capture microdissection (LCM). It is a technique for removing specific cells from tiny fragments of cells, tissue, or organisms.
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During this process, these single cells or entire regions of tissues are isolated from various sample types for microscopic viewing. This procedure aids in maintaining the separated tissue sample's original morphology.
Also, the rapid development of the emerging economies, rising healthcare facilities, and increasing applications of laser capture microdissection are anticipated to act as a catalyzing factor for the market expansion during the forecast period.
However, the growing demand for a high degree of technical expertise and high costs of instruments, accessories, and maintenance are likely to hamper the overall market growth over the period of 2022-2028.
Global laser capture microdissection industry sphere is segmented into product type, system type, application scope, end-user reach, and regional overview. By product type, the market is segregated into instruments, consumables, assay kits, reagents & media, other consumables, software, and services.
In terms of system type, this marketplace is divided into ultraviolet LCM, infrared LCM, and immunofluorescence LCM. Based on application scope the market is bifurcated into diagnostics, research and development, cell biology, molecular biology, forensic science, and others.
By end-user spectrum, this marketplace is split into academic and government research institutes, hospitals, pharmaceutical and biotechnology companies, contract research organizations.
The geographical landscape of global laser capture microdissection market space spans across Europe, Asia Pacific, North America, Latin America, and the rest of the world. Asia Pacific market is expected to witness considerable growth during the forecast timeframe, due to increasing expenditure on R&D activities, as well as technological development.
Thermo Fisher Scientific Inc., AvanSci Bio LLC, Danaher Corporation, 3DHISTECH Ltd., Carl Zeiss AG, DeNova Sciences Pte. Ltd., Molecular Machines & Industries, DeNova Sciences Pte. Ltd., INDIVUMED GmbH, Theranostics Health Inc., and Ocimum Biosolutions LLC are some of the leading players of global laser capture microdissection business sphere.