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Laser Capture Microdissection (LCM) Market - Global Industry Analysis,Trends and Forecast 2015 - 2023

Transparency Market Research Report Added "Laser Capture Microdissection Market" to its database.


Albany, NY -- (SBWIRE) -- 11/18/2015 -- Laser capture microdissection (LCM) is an automated sample preparation technique that enables isolation of specific cells from a mixed population under microscopic visualization. LCM technology can harvest the cells of interest directly or can isolate specific cells by cutting away unwanted cells to give histologically pure enriched cell populations. Laser capture microdissection technique of isolation of pure sample from a heterogeneous mixture allows, more efficient and accurate results with applications in downstream microgenomics such as next-generation sequencing, Sanger sequencing, cDNA library generation, RNA transcript profiling, PCR, proteomics and others. The major factors driving the laser capture microdissection market include increasing technical advantages of LCM in the field of biotechnology and biopharmaceutical development, increasing R&D funding, and rise in healthcare expenditure. While, factors such as lack of professionals with high technical expertise, and the high manufacturing and maintenance costs of equipment and accessories are the major factors restraining the growth of this market.

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The global laser capture microdissection market has been segmented into product type, system type, application and geography. On basis of product type, the market has been categorized into instruments, consumables and software and services. The instruments sub-segment accounted for the largest market in the products segment during the forecast period. While software and services segment is the rapidly growing sub-segment. On the basis of application, the LCM market is sub-segmented into oncological research, neurological research, biotherapeutic development, and others. The system type segment is further categorized into infrared LCM systems, ultraviolet LCM systems, ultraviolet and infrared LCM systems and immunofluorescence LCM systems. The ultraviolet and infrared LCM system is the fastest growing sub-segment in the system type segment due to its feature such as efficient isolation of cells without changing morphology or biological integrity of the cell.

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Geographically, the global laser capture microdissection market has been divided into five major regions such as North America, Europe, Asia Pacific, Latin America and Rest of the World. North America accounted for the major share in the global laser capture microdissection market during the forecast period. The factors supporting the market dominance of the region include growing pharmaceutical companies and contract research organization (CROs). Moreover, rising prevalence of various cancers (colon cancer, breast cancer, prostate cancer, and cervical cancer) in the region, extensive technological advancements and major market players located in this region, investment in life science research and development have surged in the recent past as well as collaborations have led to recent advances in the laser capture market in North America. Europe was the second largest laser capture microdissection market due to rising trend of utilization of nanomedicine in diagnostics, targeted drug delivery, clinical trials and drug development studies driving the demand for laser capture microdissection market. Asia-Pacific is observed to be an emerging market in laser capture microdissection and is still in the initial stage. Outsourcing clinical trials to Asian countries by majority of the drug development companies is one of the important factors driving the growth in the Asia-Pacific market. Furthermore, expansion of leading laser capture microdissection companies and increased R&D spending, rise in demand of protein therapeutics, emerging markets across India and China, and increasing demand from applied markets are likely to create opportunities for market growth. South American countries such as Brazil and Mexico are the regions that have significant potential for growth due to developing medical infrastructure, high disposable income and rising CRO's in the region.

Some of the major players operating in this market include 3DHISTECH Ltd., AvanSci Bio LLC, DeNova Sciences Pte. Ltd., Danaher Corporation, Carl Zeiss AG, Molecular Machines & Industries, INDIVUMED GmbH, Ocimum Biosolutions LLC, Thermo Fisher Scientific, Inc., Theranostics Health Inc., and others

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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