Global Market Study on Laser Capture Microdissection (LCM): Academic Institutes to Represent Largest End-users during 2017 - 2022


Laser Capture Microdissection Market
  • Published On : Sep-2017 |
  • Pages : 170 Pages |
  • Format :

Persistence Market Research has compiled a forecast study on the global market for laser capture microdissection, titled “Laser Capture Microdissection Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022).” The report delivers an in-depth analysis on the laser capture microdissection market, and offers a five-year forecast for the assessment period, 2017-2022. By assessing the revenues of key market participants over the past five years, the report presents a historical analysis of the global laser capture microdissection market, tracing its growth till date. Further, the report refers to these findings for developing market size estimations over the forecast period. Such quantitative evaluations have been infused with qualitative insights to boost the accuracy of inferences compiled in the report. Multiple presumptive scenarios have been considered while developing this report. The report has been developed by a wide range of primary and secondary approaches conducted exclusively by analysts at Persistence Market Research.

Report Outline

The first chapter of the report offers an executive summary, highlighting the market size estimations across key regions. The executive summary also delivers market size forecast on the global laser capture microdissection market for each year assessed. The report further offers an overview of the laser capture microdissection market with a formal introduction, and also provides a standard definition to the technique - laser capture microdissection.

The report also delivers an analysis of various trends encompassing the laser capture microdissection market. In this section, the report enlists several drivers and restraints for the growth of laser capture microdissection market, and gauges the impact of each causative factor. After analyzing the factors influencing the dynamics of the global laser capture microdissection market, the report offers a comprehensive breakdown of the supply chain and cost structure. Following this, the report offers an intensity map that tracks the presence of all key market players across multiple regions.

Key sections in the report offer a segmented analysis on the global laser capture microdissection market. Considering the intricate nature of the laser capture microdissection market, the report has segmented it on the basis of systems, end-users, and region. Additional information through cross-segmental data and country-wise analysis & forecast is also offered in the report. The report concludes with a detailed profiling of key players. This section offers an elaborate illustration on the overall competitive landscape in the global laser capture microdissection market, tracking the latest developments of companies and disclosing their current market standings.

Market Taxonomy

The following table concisely summarizes the taxonomy for global laser capture microdissection market:

Region

System

End-user

North America

Ultraviolet LCM

Contract Research Organizations

Latin America

Infrared LCM

Pharmaceutical and Biotech Companies

Europe

Ultraviolet and Infrared LCM

Hospitals

Japan

Immunofluorescence LCM

Academic Institutes

APEJ

 

MEA

 

Research Methodology

Analysts at Persistence Market Research have employed robust and conclusive research methodologies for developing the forecast and analysis on global laser capture microdissection market. Total revenues of all the key market participants have been assessed to derive market size estimations. The report has been characterized by a range of growth metrics such as absolute dollar opportunities, Year-on-Year (Y-o-Y) growth rates, compounded annual growth rates (CAGRs), and Basis Point Share (BPS) index. For a broader understanding, global and regional market size, and segment valuations have been universalized into US dollars (US$) by converting them through 2017 currency exchange rates. The scope of the report is to understand the competition in the global laser capture microdissection market by monitoring the key strategies and notable undertakings of leading market participants. By identifying the industry trends and inferences presented in the report, companies partaking in the global laser capture microdissection market can plan for long-term growth towards future market direction. 

New technologies have enabled scientists to obtain enhanced insights on processes taking place at subcellular levels. Laser capture microdissection (LCM) is observed as a key technique that can precisely collect homogenous cells, becoming an efficient method for capturing pure cell populations in molecular studies. According to Persistence Market Research, the increasing influence of molecular analyses and cell biologics on the dynamics of life sciences & healthcare industry will promote the adoption of laser capture microdissection techniques, especially in cancer research studies. The report on global laser capture microdissection market offers a five-year forecast, anticipating the market to reach US$ 143 million value by the end of 2022. During the forecast period, 2017-2022, the global market for laser capture microdissection is assessed to expand at a robust CAGR, particularly due to effective applications of laser capture microdissection in field of proteomics and genomics.

laser capture microdissection market

Higher Demand for a Combination of Infrared LCM & Ultraviolet LCM

LCM systems are primarily characterized by the type of laser diode equipped in them. In infrared (IR) LCM systems, the thermoplastic film is impregnated with a dye that absorbs light energy in the near-IR spectrum, preventing the cellular constituents from incurring damage. Ultraviolet (UV) laser capture microdissections work on a different principle, wherein the narrow-beam UV laser keeps the desired cell population undamaged, and draws only the required cells while concurrently extirpating the unwanted tissues.

In 2017, nearly half of the revenues procured in the global laser capture microdissection market are anticipated to be accounted by UV-based LCM systems. Meanwhile, IR laser capture microdissection systems are anticipated to register a relatively speedy growth in revenues over the forecast period. Laser capture microdissection systems developed with the combination of IR and UV laser diodes are anticipated to register fastest growth in terms of demand, and will reflect a 10.9% CAGR during the forecast period. By the end of 2022, the global laser capture microdissection market will also incur an estimated US$ 11 million revenues from the sales of immunofluorescence LCM systems.

Academic Institutes to Account for Largest Revenue Share as End-users

Cancer research studies are observed to be the key applications of laser capture microdissection techniques as they aid the studies on molecular progression of cancer cells and tissues. Academic institutes are actively adopting LCM systems, and using these methods in identification of genetic differences between cancer tissues, preneoplastic tissues and normal tissues in the same patient. In 2017, LCM systems being sold to academic institutes are anticipated to rake in over US$ 50 million revenues, translating into more than half of global revenues estimated in the report.

Hospitals and pharmaceuticals & biotech companies are also anticipated to emerge as key end-users of laser capture microdissection. The report further projects that North America will a leading region in terms of end-use of laser capture microdissection across academic institutes, pharmaceutical & biotech companies, as well as hospitals. In the near future, companies and research institutes are likely to collaborate towards increasing the application purview of laser capture microdissection, particularly in diagnostics.

Future Prospects of Manufacturing LCM Systems

Currently, several players in the global laser capture microdissection market are anticipated to focus on developing LCM systems towards their effective applications, which include biomarker discovery and cancer chemoprevention. Some companies are also likely to enhance LCM systems equipped with immunofluorescence laser diodes. The global laser capture microdissection market is niche in terms of its size, compared to other biotechnology markets. In the near future, the global market for laser capture microdissection will continue to witness active participation of a handful of companies, which include Thermo Fisher Scientific Inc., Danaher Corporation, Carl Zeiss AG, Molecular Machines & Industries, Theranostics Health Inc., Ocimum Biosolutions LLC, 3DHISTECH Ltd., and AvanSci Bio LLC. 

Company Profiles

  • Thermo Fisher Scientific, Inc.
  • Danaher Corporation
  • Carl Zeiss AG
  • Molecular Machines & Industries
  • Theranostics Health Inc.
  • Ocimum Biosolutions LLC
  • 3DHISTECH Ltd. 
  • AvanSci Bio LLC
  • Others.
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