Cryostat Microtome Equipment Market: Introduction
- Microtomy is a method that is used for preparation of thin sections for materials such as bones, minerals, and teeth; and an alternative to ion milling and electro polishing. Microtome sections can be made thin enough to section a human hair across its breadth. Cryostat microtome is made for cutting frozen samples. The reduced temperature increases the hardness of the sample.
- A cryostat microtome, or freezing microtome, is a medical device which is designed for obtaining the cryo-sections of plant and animal tissues into thin sections. Microtome cryostat is used for routine applications in medicine, biology, and industrial applications. Microtome cryostat comprises of a microtome contained within the refrigerated cabinet which is usually operated within the temperature ranging from -5°C to -50°C. Microtome cryostat is composed of an instrument for sectioning the frozen tissue samples, a rotary microtome and blade holder or knife, and a means for freezing the samples. Microtomes can be manual, semi-automatic, and automatic.
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Key Drivers of Global Cryostat Microtome Equipment Market
- Increase in demand for cryostat microtomes for several research purposes drives the global cryostat microtome equipment market
- High efficiency and better results compared to other microtome techniques, quick analysis, and better preservation of protein antigenicity are the factors responsible for boosting the growth of the cryostat microtome equipment market
- In addition, increase in prevalence of medical conditions such as cancer and other pathological disorders is driving the adoption of such systems in hospitals and other health care facilities
- Rise in interest and research & development in health care, increase in burden of chronic diseases, surge in number of laboratories, and continuous technological advancements are key factors boosting the cryostat microtome equipment market
- However, lack of skilled professionals is one of the prime factors which is anticipated to restrain the cryostat microtome equipment market
Strategies Adopted by Key Players and Emerging Economies to Offer Attractive Opportunities
- Companies operating in the global cryostat microtome equipment market are focused on catering to the needs of the medical community and patient population by introducing novel products and technologies. Leading players emphasize on research & developmental activities and engage in acquisitions, mergers, and collaborations to strengthen their position in the global market.
- For instance, in November 2017, Avantor, Inc., a global supplier of ultra-high-purity materials for the life sciences and advanced technology industries, announced the successful completion of its acquisition of VWR Corporation, the leading global independent provider of product, supply chain, and service solutions to laboratory and production customers
- In March 2017, Sakura Finetek launched the first and only Cryostat with Winged Chuck to retain XYZ angle positions optimized for Mohs Surgery Technique: Tissue-Tek Cryo3 Flex Cryostat Mohs
- Emerging economies present lucrative opportunities to the cryostat microtome equipment market, owing to increase in patient population, surge in chronic diseases, rise in initiatives by governments in the health care sector, and increasing number of laboratories, and research & developmental activities
North America to Account for Major Share of Global Cryostat Microtome Equipment Market
- North America is projected to account for a leading share of the global cryostat microtome equipment market due to rise in health awareness, increase in patient population, presence of well-established health care infrastructure, continuous technological advancements, rise in number of well-equipped laboratories, surge in research & developmental activities, and presence of key players in the region
- The cryostat microtome equipment market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to rise in geriatric population, increase in initiatives by governments in the health care sector, surge in incidences of chronic diseases, and rise in interest of key players in expanding market presence in the region
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Key Players Operating in Global Cryostat Microtome Equipment Market
Leading players in the global cryostat microtome equipment market are focusing on research & development activities and technological advancements. Their competitors are also emphasizing on various growth strategies including mergers, acquisitions, product advancements, product launches & approvals, partnerships, and collaborations. Leading players operating in the global cryostat microtome equipment market are:
- Amos Scientific Pty Ltd
- Avantor, Inc.
- Thermo Fisher Scientific Inc.
- Leica Biosystems Nussloch GmbH
- Bright Instruments Ltd
- Freezers India
- SM Scientific Instruments Pvt. Ltd. India.
- SLEE medical GmbH
- Tanner Scientific, Inc.
Global Cryostat Microtome Equipment Market: Research Scope
Global Cryostat Microtome Equipment Market, by Product Type
- Manual Microtome Cryostat Equipment
- Semi-automatic Microtome Cryostat Equipment
- Automatic Cryostat Microtome Equipment
Global Cryostat Microtome Equipment Market, by End-user
- Ambulatory Surgical Centers
- Research Centers
Global Cryostat Microtome Equipment Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.