Portland, OR -- (SBWIRE) -- 09/06/2017 -- Allied market research published a fresh report on the micromanipulators market for the forecast time duration of 2014 to 2020. In 2014, the market gained $40 million and is set to grow at a compound annual growth rate of 25.8% from 2015 to 2020. This lucrative market report contains the report description, key benefits, key market segmentations and different research methods utilized to formulate this extensive study.
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This report contains the market overview which includes market definition and scope, key findings, Porter's Five Force analysis, value chain analysis, top player positioning, drivers, restraints, and opportunities. Key findings contain top impacting factors and top investment pockets. Porter's Five Force analysis comprises high competitive and fragmented nature of suppliers, scattered nature of buyers, a high capital cost that regulates new entrants, intense rivalry, and low availability of substitutes. Growing IVF industries, booming semiconductors industries, high global infertility rate, and high disposable income are some of the major drivers of the market. Opportunities identified are prospects in emerging countries, collaboration with various industries, fertility tourism, and a high number of fertility clinics and research institutes. Restraints contain high capital investment, premium pricing of micromanipulation systems, low awareness level, and limited technological expertise.
The micromanipulators market is segmented on the basis of application and type. By application, the market contains cell micromanipulation, industrial micromanipulation, and other micromanipulation systems. By type, it contains hydraulic micromanipulators, electric micromanipulators, electric micromanipulators, and manual micromanipulators. The highlights for each segmentation comprises key market trends, growth factors, opportunities, market size, and forecast.
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Geographically, the micromanipulators market division is made for markets of Europe, North America, Asia-Pacific, and LAMEA. They are further subdivided country wise. The market size, trends and forecast, growth factors, and opportunity are mentioned for each of the segment in comprehensive details for each of the region. North America will dominate the market until 2020 while Asia-Pacific will continue to grow with a CAGR of 28.5%.
The global market leaders outlined in the study are Research Instruments Ltd, Narshinge Co Ltd, Eppendorf AG, Sutter Instruments, The Micromanipulator Company, Sensapex Inc, Luigs And Neumann, Scientifica Ltd, Siskiyou Corporation, and Micro Support Co Ltd. Sections like company overview, operating business segments, business performance, and strategic developments give an insight for each of the global leaders.
This extensive and comprehensive report gives a deep insight which will enable key players to understand the market in totality. Key facts and figures will help them gain insight on the potential sectors and competitive scenario. The geographical division made will facilitate the key leaders to focus on the potential areas and boost their business.
The key takeaway Points from the micromanipulators market report:
This comprehensive study gives an analysis of current and emerging trends, market size and dynamics.
The business scenario has been deeply analyzed on the basis of key geographical regions.
Profiling of important key players sheds a light on their financial hold including their strategic plans and developments.
A detailed evaluation for the estimations during 2014 to 2020 will facilitate stakeholders capitalize on prevailing opportunities in terms of value and volume
Porter's Five Force Analysis mentions the bargaining power of buyers and suppliers including the competitive scenario