Global Microtomes Market to Reach $271.7 Million by 2030
The global market for Microtomes estimated at US$182.5 Million in the year 2023, is expected to reach US$271.7 Million by 2030, growing at a CAGR of 5.9% over the period 2023-2030. Microtome Instruments, one of the segments analyzed in the report, is expected to record 6.1% CAGR and reach US$162.8 Million by the end of the analysis period. Growth in the Microtomes Accessories segment is estimated at 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $48.4 Million, While China is Forecast to Grow at 8.7% CAGR
The Microtomes market in the U.S. is estimated at US$48.4 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$61.4 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
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