concerning the technical compensation obtained from Laser Capture Microdissection techniques is
fueling the market at the global level. In addition, favourable funding and spending on research and
development activities of companies involved in this market are propelling the market growth. High
proficiency professionals in this field are some of the preventive factors that may hinder the growth
of this market.
High preservation and developed cost of accessories and equipment along with lack of expertise
professionals in this field is some of the restraining factors which may hinder the growth of this
market. Research and development and diagnostics among others are the major applications areas
of Laser Capture Microdissection technology. In addition, government research institutes and
hospitals are the major end users of this technology.
Increasing predilection of Laser Capture Microdissection technology in forensic science and molecular
biology under the research and development applications segment is one of the major driving factors
for the market. Based on product segmentation, the global market consists of Consumables, Reagents
and Media, Assay Kits, Other Consumables. Based on Type, the laser capture microdissection market
consists of Ultraviolet LCM, Infrared LCM, Ultraviolet and Infrared LCM, and Immunofluorescence
LCM.
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Based on Application, the laser capture microdissection market comprises Research and
Development, Molecular Biology, Cell Biology, Forensic Science, Diagnostics, Other Applications.
Based on End User laser capture microdissection market consists of Academic and Government
Research Institutes, Hospitals, Pharmaceutical and Biotechnology Companies, Contract Research
Organizations (CROs). Global Market, by Region comprises North America, U.S., Canada, Europe, Asia,
and Rest of the World.
North America accounted for the largest share of the global market in 2015. Enlargement in this
market can be accredited to the strong growth trends in the pharmaceutical companies and CROs.
The Asian regional segment, on the other hand, is expected to register a double-digit growth rate in
the forecast period owing to the development of leading laser capture Microdissection companies