Micromanipulators Market to grow at a CAGR of 25.8%, Globally, by 2020

Portland, OR -- (SBWire) -- 02/23/2018 --Electric micromanipulators segment would continue to generate the highest revenue throughout the forecast period. This is attributed to the higher accuracy, enhanced precision in movement, better convenience and rising adoption rates of electric micromanipulators across a wide range of applications. However, in terms of volume (units), manual micromanipulator was the leading segment, accounting for about half of the overall market in 2014. Economical cost and high popularity of manual micromanipulators across semiconductors and microelectronics industries were the key factors responsible for the growth of manual micromanipulators market.

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Global Micromanipulators Market report by Allied Market Research, states that the sales of micromanipulators are projected to grow at a CAGR of 25.8% between 2015 and 2020. In 2014, cell micromanipulation application segment dominated the micromanipulators market in terms of both, revenue and volume, and is expected to retain its lead position during the forecast period.

These devices are generally used along with a microscope equipped with an input joystick, a mechanism to reduce the area of movement. They cater to a wide variety of applications ranging from cell micromanipulation to industrial micromanipulation, embracing semiconductors and electronic industries, among others. Popular types used for a wide range of applications, which depends on the precision and control required at the micro levels. Intracytoplasmic sperm injection (ICSI) is the most common application of cell micromanipulation techniques in humans. Rising incidence of infertility cases across the globe is the major factor boosting the adoption rate for obtaining rapid results in IVF-ICSI procedures.

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Shift from conventional manual micromanipulators to advanced electric or hydraulic versions, rising global infertility rates, and expanding base of semiconductors and microelectronics in the emerging economies are primarily leveraging the growth of the market. In addition, increasing usage of micromanipulator novel applications such as genomics, proteomics, transgenesis and cell cloning would provide continued growth thrust for the market. However, factors such as high cost associated with advanced micromanipulators, lack of awareness among potential end users and limited technical expertise are likely to impede the market growth.

The micromanipulators market is segmented based on types, applications, and geography. The two major application segments include cell micromanipulation and industrial micromanipulation. Cell micromanipulation is further segmented into embryonic stem cell transfer, intra-cytoplasmic sperm injection (ICSI), pronuclear zygote injection, embryo reconstruction, micro-surgical applications and biopsy applications. ICSI is the highest revenue-generating segment in the cell micromanipulation application sector, owing to its specificity and ability to assist fertilization by placing a single sperm directly inside the egg using micromanipulator.

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