“The global laser capture microdissection market is expected to USD 124.97 million by 2020 from USD 72.45 million in 2015, at a CAGR of 11.52% between 2015 and 2020. By product, the market includes instruments, consumables, and software and services. The consumables product segment is further classified into reagents and media, assay kits, and other consumables. Based on application, the market is segmented into research and development, diagnostics, and other applications. The research and development application segment is further classified into molecular biology, cell biology, and forensic science. The research and development segment will account for the largest share of the laser capture microdissection market in 2015.
The geographic segments included in this report are North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the global laser capture microdissection market in 2015, while Asia is expected to register the fastest growth rate during the forecast period.
Growth in this market is mainly driven by the increasing healthcare expenditure, increase in R&D spending, and technical advantages of LCM as a contamination-free technique. The high-growth potential in emerging markets provide new growth opportunities and technological advancements provide new growth trends to players in the laser capture microdissection market.
A combination of bottom-up and top-down approaches was used to calculate the market sizes and growth rates of the global laser capture microdissection market and its subsegments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each subsegment and the relative differences in growth rates. The report provides qualitative insights about growth rates and market drivers for all subsegments. It maps market sizes and growth rates for each subsegment and identifies segments poised for rapid growth in each geographic segment. The report also includes company profiles of market leaders
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