Laser Capture Microdissection (LCM) technology is a contagion free process for obtaining sub-populations of tissue cells under direct microscopic apparition. In addition, laser-capture Microdissection technology isolates specific cells by dissecting unwanted cells. Laser Capture Microdissection technology harvests the cells of attention straight to give pure enriched cells. This technology helps in preserving the genuine morphology of the dissected cell or tissue sample. The Laser Capture Microdissection technology by type can be segmented into software, instruments, consumables, and services.
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Growing spending on healthcare along with technical advancement in the field of healthcare is one of the major powerful factors for the Laser Capture Microdissection market. In addition, increasing information concerning the technical compensation obtained from Laser Capture Microdissection techniques is fueling the market at the global level. In addition, mounting funding and spending on research and development activities of companies involved in this market are inspiring the growth of this market. High proficiency professionals in this field are some of the preventive factors that may hinder the growth of this market.
High preservation and developed cost of accessories and equipment along with lack of expertise professionals in this field is some of the restraining factors which may hinder the growth of this market. Research and development and diagnostics among others are the major applications areas of Laser Capture Microdissection technology. In addition, government research institutes and hospitals are the major end users of this technology.
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Increasing predilection of Laser Capture Microdissection technology in forensic science and molecular biology under the research and development applications segment is one of the major driving factors for the market. Global Market by Product consists of Consumables, Reagents and Media, Assay Kits, Other Consumables. Global Market by System Type consists of Ultraviolet LCM, Infrared LCM, Ultraviolet and Infrared LCM, and Immunofluorescence LCM. Global Market by Application comprises Research and Development, Molecular Biology, Cell Biology, Forensic Science, Diagnostics, Other Applications. Global Market by End User consists of Academic and Government Research Institutes, Hospitals, Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs). Global Market, by Region comprises North America, U.S., Canada, Europe, Asia, and Rest of the World.
North America accounted for the largest share of the global market in 2015. Enlargement in this market can be accredited to the strong growth trends in the pharmaceutical companies and CROs. The Asian regional segment, on the other hand, is expected to register a double-digit growth rate 2021, owing to the development of leading laser capture Microdissection companies and increased R&D spending. The U.S. is the major market across North America. Furthermore, the increasing expenditure on research and development activities of companies dealing in this market along with mounting consciousness regarding the technological progression is driving the market for Laser Capture Microdissection across.
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Growing application areas of this technology in the field such as Forensic science, diagnostics and molecular biology are having a positive impact on the growing market for laser-capture Microdissection in Rest of the world (RoW). The Key Players include Carl Zeis AG, Molecular Machines & Industries, Osmium Biosolutions LLC, DeNova Sciences Pte Ltd, Danaher Corporation, Thermo Fisher Scientific Inc, Indivumed GmbH, AvanSci Bio L.L.C., Theranostics Health Inc, and 3DHISTECH Ltd, among others.
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