Medical Device

5.7% Global CAGR for Microtome Market to achieve US$ 204.3 million by 2027

PHC Holdings Corporation, and Leica BiosystemsNussloch GmbH (Danaher)-Notable Market Players in Microtome Market

Microtome is a device used for sample preparation in laboratories. Microtomes are used to prepare thin slices of a biological specimens into evenly thin sections for a detailed microscopic examination. A clear understanding of the structure of tissue sample is essential to understand the changes that arise in the tissue sample during the progression of disease. Some diseased tissues are very hard to estimate and requires a thorough dissection. Present microtomes are equipped with three basic components viz. body, knife & knife attachment, and material- or tissue-holder. Knives are exchangeable.

Market leaders operating in the market have undertaken various organic growth strategies in the microtomeMarket. The microtomemarket majorly consists of the players includingPHC Holdings Corporation, MEDITE Medical GmbH, Sakura Finetek USA, Inc., Leica BiosystemsNussloch GmbH (Danaher), Histo-Line Laboratories, SLEE medical GmbH, DiapathS.p.A., Amos Scientific Pty Ltd, Boeckeler Instruments, Inc., and SM Scientific Instruments Pvt. Ltd. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the companies have utilized inorganic strategies including mergers & acquisitions, partnership, and collaborations.

Below is the list of the growth strategies done by the players operating in the microtome market:

Year News
May-2018 Leica Biosystems launched rotary microtomes to its full line of histology equipment and consumables. The line-up includes the HistoCore BIOCUT, HistoCore MULTICUT and HistoCoreAUTOCUT clinical microtomes. These instruments provide high quality sections and ease of use with maximum safety of users.
Sep-2018 Sakura Fineteklaunched Accu-Cut SRM 300 LT, Manual Microtome. It is the first and only manual microtome with innovated features designed to make paraffin embedded tissue samples much easier to see and safer to section.