Global Micromanipulators Market size was estimated to be $40 million in 2014 and is expected to grow at a CAGR of 25.8%, from 2015 to 2020. 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.
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 BENEFITS:
- This study provides an extensive analysis of the current and emerging size, trends and dynamics in the industry worldwide.
- The business scenario has been comprehensively analyzed on the basis of key geographical regions.
- The report provides a detailed evaluation of the current status and estimations during 2014-2020, which would enable the stakeholders to capitalize on the prevailing opportunities in terms of both value and volume.
- The study includes the value chain and player positioning frameworks to help in understanding the competitive environment across various geographies.
- A comprehensive assessment of the industrial scenario in terms of applications, types, and geography helps in identifying the prevailing opportunities in the worldwide.
The key players operating in the industry have been profiled in the report, and their strategies have been thoroughly analyzed to understand the competitive outlook of the micromanipulators market.
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.
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