The new report by Expert Market Research titled, ‘Global Laser Capture Microdissection Market Analysis, Share, Scope, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global laser capture microdissection market, assessing the market based on its segments like products, system types, applications, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 10.5%
The market growth of laser capture microdissection can be attributed to the increasing research and development (R&D) activities. As laser capture microdissection is a significant technique to capture homogenous cells, it is increasingly used to collect pure cell populations in molecular studies, which is augmenting the market.
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With technological advancements, the market is expected to witness further growth. Moreover, the growing incidences of cancer and the rising research and development (R&D) of cancer treatment are anticipated to significantly contribute to the market growth in the forecast period. This can be attributed to the growing use of laser capture microdissection in cancer research activities.
Laser Capture Microdissection Industry Definition and Major Segments
Laser capture microdissection is a method that is used to isolate specific cells under microscopic visualisation. It is used to enhance the accuracy and efficiency of results in various microgenomics applications like next-generation sequencing, proteomics, and Sanger sequencing, among others. Laser capture microdissection finds its widespread use in the discovery of drug targets.
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The market, based on product, is divided into:
- Software and Services
By system type, the market is segmented into:
- Ultraviolet LCM
- Infrared LCM
Based on application, the market is classified into:
The major end uses of laser capture microdissection are:
- Academic and Government Research Institutes
- Pharmaceutical, Biotechnology Companies and CROs
The regional markets of laser capture microdissection are:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Laser Capture Microdissection Market Trends
The market is being fuelled by the increasing healthcare expenditure due to the introduction of various favourable government initiatives. The rising use of laser capture microdissection in diagnostics is also propelling the market growth. With the growing attempts to overcome complications regarding tissue complexity, laser capture microdissection is being exploited to isolate morphologically identified and homogenous cell populations.
Moreover, the emerging trend of personalised medicines is expected to surge the demand for laser capture microdissection. The development of innovative laser capture microdissection techniques integrated with UV and IR laser diodes is anticipated to provide lucrative growth opportunities to the market in the forecast period.
Key Market Players
The major players in the market are Carl Zeiss Meditec AG, Thermo Fisher Scientific Inc., Caresbio Laboratory LLC, Fluidgm Corporation, and VitroVivo Biotech, LLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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