North America Microtome Market Size & Outlook, 2023-2030
North America microtome market, 2018-2030 (US$M)
North America microtome market highlights
- The North America microtome market generated a revenue of USD 1,929.1 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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.
North America data book summary
| Market revenue in 2023 | USD 1,929.1 million |
| Market revenue in 2030 | USD 2,886.3 million |
| Growth rate | 5.9% (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, North America region accounted for 28.6% 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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North America 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 North America microtome market based on media covering the revenue growth of each sub-segment from 2018 to 2030.
North America is the largest regional segment for microtome devices as of 2016. Rising government and private investments in diagnostic research and the presence of a large number of market players in this region are the factors driving the demand for microtome devices.
An increasing number of cancer diagnostics cases surges the usage of anatomic pathology labs for biopsies, which thus, increases the demand for microtomes in the market. According to the National Cancer Institute, the number of estimated new cases is 1,685,210 as of 2016.
Growing adoption of technologically advanced products and increasing acceptance of personalized treatments further boost the demand for microtomes in this region. There is an ongoing development in laboratory automation coupled with an increasing number of diagnostic centers is one of the factors that boosts up the demand of microtomes in the market.
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Our clientele includes a mix of microtome market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America microtome market , including forecasts for subscribers. This continent databook contains high-level insights into North America microtome market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America microtome market
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