Micromanipulators Market Expected to Reach $14,316.85 Thousand by 2030—Allied Market Research

According to a new report published by Allied Market Research, titled, “Micromanipulators Market," The micromanipulators market size was $9,302.48 thousand in 2020, and is estimated to reach $14,316.85 thousand by 2030, growing at a CAGR of 4.4% from 2021 to 2030.

A micromanipulator is a device that is used with a microscope to execute sophisticated processes or manipulate minute specimens. Micromanipulators are usually used in conjunction with a microscope that has an input joystick, which reduces the area of movement. These are used in a wide range of applications, from cell micromanipulation to industrial micromanipulation, in industries such as semiconductors and electronics. Micromanipulation is the physical manipulation of a sample under a microscope. Precision micro tools such as cutting tools, injectors, and holding pipettes have been developed in response to the necessity to manipulate a sample under the microscope. Micromanipulation necessitates the creation of specialized micro-tools as well as changes to microscope design.

The global micromanipulators market growth is driven by increase in number of male infertility cases. Women and men who are unable to conceive after one year of intercourse without taking contraception, as well as women who have had two or more failed pregnancies, are considered infertile. According to studies, 15% of couples who have unprotected sex for a year are unable to conceive, and 10% of couples who have unprotected intercourse for two years are unable to produce a viable pregnancy. Within the first three months, 20 percent to 37 percent of couples younger than 30 who are usually healthy are ready to conceive. Intracytospamic sperm injection is a typical treatment for infertility in men and women. The global micromanipulators market size is expected to rise due to rise in demand and surge in cases of infertility diseases.

Furthermore, governments are taking multiple initiatives to develop a diagnostic testing service, which is expected to boost the market growth. Furthermore, as per Centre for Disease Control and Prevention, in 2021 it was estimated that 10% of women in the U.S aged between 15 and 44 found it difficult to conceive. Infertility and impaired fecundity are less common complications in women with one or more prior births. In addition, according to United Nations World Fertility Report 2022, the average fertility rate of the total population stood at 2.3 births per women over a lifetime in 2021. The global fertility rate is projected to decrease further to 2.1 births per women by 2050. Thus, rise in number of infertility cases in women and men drives the growth of the micromanipulators market. 

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.

The micromanipulators industry is segmented into type, application, and region. The micromanipulators industry, by type is categorized into hydraulic, electric, and manual. The two major application segments include 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. By region, the micromanipulators market analysis is done across North America, Europe, Asia Pacific, and LAMEA.

By type, the market is segmented into hydraulic, electric, and manual. The Electric segment generated the highest revenue in 2020 and the hydraulic segment shows highest CAGR during micromanipulators market forecast period.

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.

KEY FINDINGS OF THE STUDY-
• Depending on type, the electric micromanipulators segment was highest contributor to the market in 2020, whereas hydraulic micromanipulators segment is anticipated to grow at the highest CAGR during the forecast period.
• According to drug delivery, the cell manipulation segment was highest contributor to the market in 2020, and is anticipated to grow at the highest CAGR during the forecast period.
• Region-wise, North America generated the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.