Asia Pacific Microtome Market Size & Outlook, 2023-2030
Asia Pacific microtome market, 2018-2030 (US$M)
Asia Pacific microtome market highlights
- The Asia Pacific microtome market generated a revenue of USD 2,886.5 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, media was the largest revenue generating consumables in 2023.
- Media is the most lucrative consumables segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,886.5 million |
| Market revenue in 2030 | USD 5,162.7 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Media |
| Fastest growing segment | Media |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Media |
| Key market players worldwide | Diapath S.p.A, Danaher Corp, Sakura Finetek USA, Inc., MEDITE Medical GmbH, Boeckeler Instruments, S.M. Scientific Instruments, AGD Biomedicals, Amos Scientific, Thermo Fisher Scientific Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.8% of the global microtome market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,162.7 million by 2030.
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Microtome Market Scope
Microtome Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific microtome market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microtome market will help companies and investors design strategic landscapes.
Media was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific microtome market based on media covering the revenue growth of each sub-segment from 2018 to 2030.
Some of the key factors driving the growth of Asia-pacific microtome market are increasing government initiatives, growing R&D activities for advanced diagnostic techniques, improving healthcare infrastructure and rising healthcare expenditure.
Growing trend of laboratory automation and increased emphasis on early detection techniques may boost up the demand for such devices in this region. Rising penetration of medical insurance in countries like India and China is observed as a driving factor for the market.
Presence of prominent market players including SM Scientific Instruments Pvt. Ltd.; AGD Bio medicals and Amos Scientific Pty. Ltd. in countries like India and Australia are further expected to drive the growth of microtome in the market.
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Target buyers of Asia Pacific microtome market databook
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Our clientele includes a mix of microtome market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific microtome market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific microtome market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific microtome market
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