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.
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The global micromanipulators market size was $ 9,302.48 thousand in 2020 and expected to reach $14,316.85 thousand in 2030, with a CAGR of 4.4% from 2021 to 2030.
COVID-19 Scenario
The World Health Organization (WHO) on January 30, 2020, declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. Owing to the COVID-19 pandemic, governments across the globe announced country-wide lockdowns as well as social distancing measures to prevent collapse of the healthcare system. The overall impact of COVID-19 on the global micromanipulators market size was negative, which led to delayed production of equipment and accessories supporting the market.
Most of hospitals were converted into COVID-19 centers to treat serious COVID-19 infected patients. This made it difficult for cancer patients to get their radiotherapy on time. The healthcare professionals in hospitals were increasingly focused toward treating the COVID-19 patients on a priority. However, the market is expected to recoup soon.
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By application, the market is categorized into cell micromanipulation, industrial micromanipulation and others. 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. Cell micromanipulation is the highest revenue-generating segment and is anticipated to grow in the forecast period in the micromanipulation market.
North America held largest micromanipulators market share in 2020; this growth is credited to intense research activities, high awareness among the consumers for the adoption of micromanipulators, and heavy investment in the research and development field. However, with rise in awareness of IVF technology and in vitro fertilization, Asia-Pacific is anticipated to be the fastest growing during the forecast period.
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Key Market Players:
Narishige Co. Ltd.
Sutter Instruments
The Micromanipulator Company
Sensapex Inc.
Luigs and Neumann
Scientifica Ltd
Siskiyou Corporation
leica microsystems
Nikon Healthcare
zeiss group
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