Middle East and Africa Microtome Market: Industry Analysis and Forecast (2023-2029)
Middle East & Africa Microtome Market size was valued at US$ 45.2 Mn. in 2022 and the total revenue is expected to grow at CAGR of 6.5%
Format : PDF | Report ID : SMR_765
Middle East & Africa Microtome Market Definition/ Overview
Middle East & Africa Microtome Market report examines the market's growth drivers as well as its segments. Data has been provided by market participants, and regions. This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. To provide key data analysis for the historical period (2017-2020), statistics, infographics, and presentations are used. The report examines the Middle East & Africa Microtome markets, Drivers, Restraints, Opportunities, and Challenges. This SMR report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Middle East & Africa Microtome market.
A microtome is a specialised tissue sectioning equipment used to cut uniformly thin slices of biological samples acquired from plants and animals. For various specimens and sample thicknesses, it consists of specialised blades made of metal, glass, or diamond. Hand-held, rotational, vibrating, sledge, cryostat, and ultramicrotome are some of the most commonly used microtomes. A block holder, knife clamps, block adjustments, thickness gauge, and an operating handle are all included. Microtomes offer a variety of cutting modes, including single, interval, multi, and continuous high throughput serial sectioning. They are commonly utilised for accurate diagnosis of chronic diseases and aid in cytological, histological, and pathological studies. Middle East & Africa is a region which is growing at a very high pace mainly due to highly rising cancer cases and very high cancer mortality rate in the region and hence, high demand of microtomes and rising every year.
Middle East & Africa Microtome Market Dynamics
Middle East & Africa Microtome Market Drivers
Rich and developing Economies – Almost all Middle East & African economies like Qatar, Nigeria, South Africa, UAE, etc. are developing countries especially in the healthcare sector and there are many economies who are starting to invest in this sector and set up high tech and advanced pathology and histopathology labs in the region which might help the microtome market in Middle East & Africa to grow at a good pace.
Direct intervention from International Organizations – International organizations like the World Health Organization (WHO), and The Middle East Cancer Consortium (MECC) are helping a lot to economies in the region of Middle East & Africa. For Example - MECC has continued to develop and support academic-based medical programmes that bring together scientists, academicians, and clinical experts from its member countries, as well as medical personnel from a variety of other Middle Eastern countries. Other than that, as part of a US National Cancer Institute (NCI) project, MECC built a successful Middle Eastern Network of Cancer Registry Centres.
Increasing Cancer cases annually - Cancer is one of the leading causes of death in Middle East & Africa, and its rising prevalence is increasing the number of histopathology tests performed. To forecast the start of cancer, a tissue pathology analysis is required when examining a malignant tumour. According to data reported in Eastern Mediterranean Health journal, cancer cases in this region might increase at the rate of 4-5% annually and that is a big concern and to control that, economies in Middle East & Africa have to invest in good medication and technologies like microtomes. This might be one of the major factors driving the microtome market in Middle East & Africa.
Middle East & Africa Microtome Market Restraints
Lack of an overall infrastructure – In Middle East & Africa, healthcare sector was not taken care of in earlier times which led to poor infrastructure in the region and also not many people from this region come out as a doctor or say, a expert who can handle a microtome machine. Outdated and under developed labs can’t incorporate high tech automatic microtome machines and might affect the microtome market adversely in the Middle East & Africa region.
COVID-19 Impact on Middle East & Africa Microtome Market
The COVID–19 pandemic is being difficult on Middle Eastern countries. Medicinal items from developed countries are heavily reliant on the countries in these regions. Various companies' supply chains in these areas have been impacted by the lockdown. A large number of Middle East & African countries have severely undeveloped healthcare facilities. Since the onset of COVID-19, demand for microtome devices has declined; however, pharmaceutical corporations have begun to devise measures to keep histology operations alive. According to experts, cancer mortality has increased due to less focus by medical personnel and less spending on cancer patients as the entire focus was on Covid-19 patients, as evidenced by data from COVID-19 case studies such as severe acute respiratory syndrome (SARS) and the Middle East Cancer Consortium (MECC).
Middle East & Africa Microtome Market Segment Analysis :
By Product, the Middle East & Africa Microtome Market is segmented as Microtome Instruments, Microtome Accessories. Microtome Instruments dominate the Middle East & Africa Microtome market with the market share of 75% in the year of 2021 due to ease of handling as these instruments can be handles even if the infrastructure is not that developed and also microtome instruments are cheaper than accessories that will be good for economies in Middle East & Africa as they can spend their money on building advanced labs and hospitals and buy more high tech and advanced automatic microtome instruments and that factor might drive this segment’s market and help it gain more market share in the forecast period. Microtome accessories have the market share of 25% in 2021 as it is more expensive than instruments but research is being done and it might help this segment to grow in forecasted period. Because of the increasing need for these accessories in hospitals and clinics, as well as technological developments in microtome such as mobility and user-friendly operability, the accessories segment is predicted to rise at the fastest rate.
By Technology, the Middle East & Africa Microtome Market is segmented as Automatic, Semi-Automatic and Manual. Automatic dominates the market with the market share of 39% in 2021 because of the growing need for technologically advanced items that can demonstrate the highest level of precision in section thickness Furthermore, fully automated microtomes do not necessitate time-consuming manual modifications and this is very viable for countries in Middle East & Africa as they don’t have enough trained people or experts to do modification in microtome machines. Semi-Automatic has the market share of 33% in 2021 as they're perfect for routine sectioning and research in pathology and histopathology. and it is perfect for this region due to high presence of lung, liver cancer and semi-automatic microtomes are specialized in these cases. Manual has the market share of 28% in 2021 as they need to be adjusted manually, not viable for this region as they have very less experts to make adjustments in a manual microtome. Manual microtomes, on the other hand, are preferred in poor economies due to their cheap cost.
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Middle East & Africa Microtome Market Scope
Middle East and Africa Microtome Market Scope
Market Size in 2022
USD 45.2 Mn.
Market Size in 2029
USD 70.3 Mn.
by Product Type
North America- United States, Canada, and Mexico
Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe
Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC
Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa
South America – Brazil, Argentina, Rest of South America
Middle East & Africa Microtome Market Key Players
- Thermo Fisher
- Diagnostic Automation/Cortez Diagnostics
- Autobio Diagnostics
- SM Scientific Instruments Pvt. Ltd.
- Shenzhen Dakewei Biotechnology Co., Ltd.
Frequently Asked Questions
- Scope of the Report
- Research Methodology
- Research Process
- Middle East & Africa Microtome Market: Target Audience
- Middle East & Africa Microtome Market: Primary Research (As per Client Requirement)
- Middle East & Africa Microtome Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Middle East & Africa Microtome Market Segmentation
- Middle East & Africa Microtome Market, by Technology (2022-2029)
- Middle East & Africa Microtome Market, by Product (2022-2029)
- Microtome Instruments
- Microtome Accessories
- Middle East & Africa Microtome Market, by Technology (2022-2029)
- Company Profiles
- Key Players
- Abbott (US)
- Merck (Germany)
- Thermo Fisher (US)
- Danaher (US)
- Roche (Switzerland)
- Diasorin (Italy)
- Biomérieux (France)
- Diagnostic Automation/Cortez Diagnostics (US)
- Qualigen (US)
- Kronus (US)
- Autobio Diagnostics (China)
- SM Scientific Instruments Pvt. Ltd. (India)
- Shenzhen Dakewei Biotechnology Co., Ltd. (China)
- Medimeas (India)
- Key Players
- Key Findings