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.
According to the report published by Allied Market Research, Micromanipulators Market By Type (Hydraulic, Electric, Manual) and By Application (Embryonic stem cell transfer, Intra-cytoplasmic sperm injection (ICSI), Pronuclear zygote injection, Embryo reconstruction, Microsurgical, Biopsy, Industrial Micromanipulation, microelectronics, Flat screens, packaged parts and probing functions, drug discovery) – Global Opportunity Analysis and Industry Forecast, 2022 – 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, 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.
Key findings of the study:
- Hydraulic micromanipulator is projected to be the fastest growing segment during the forecast period.
- Within cell micromanipulators application, ICSI segment is projected to exhibit the fastest growth, both in terms of revenue and volume, during the forecast period.
- Within industrial micromanipulation application, semiconductors and microelectronics segment would continue to lead, accounting for more than three-fourth of the overall market revenue in 2020.
The key companies profiled in the report include Narishige Co. Ltd., Research Instruments Ltd., Eppendorf AG, Sutter Instruments, The Micromanipulator Company, Sensapex, Inc., Luigs and Neumann, Scientifica Ltd. and Siskiyou Corporation.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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