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Histopathology Testing Equipment Market Expected to Reach US$ 5.5 Billion in 2018, Finds Fact.MR

12-10-2018 11:27 AM CET | Health & Medicine

Press release from: Fact.MR

Fact.MR

Fact.MR

Global sales of histopathology testing equipment surpassed US$ 5,300 Mn in 2017, with consumables leading the growth, according to the findings of a recently published study by Fact.MR.

Rising incidences of cancer and associated mortalities are driving the need for efficient tissue diagnosis. Moreover, growing inclination toward less-invasive diagnostic procedures for cancer and other malignancies drove growth of histopathology testing equipment.

“The American Cancer Society and National Center for Health Statistics have revealed that cancer cases in Unite States crossed 1,685,000 in 2017 and are likely to increase in the coming years. Likewise, according to WHO (World Health Organization) report, emerging economies such as India are witnessing an increase in cancer mortality rates with India reflecting 79 per 100,000 deaths. This has pushed the demand for efficient diagnosis of the disease, which is expected to translate into an increase in histopathology testing equipment sales crossing US$ 5,500 Mn by end of 2018”. – Lead Analyst, Fact.MR Medical Diagnostics Division

Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=2240

Consumables are likely to account for nearly 80% revenue share of the market, according to the report. Demand for instruments in the histopathology testing equipment market is projected to expand at a relatively slow pace compared to consumables, making them a lucrative area for manufacturers from an investment standpoint.

Reagents and Antibodies to Spearhead Growth of Histopathology Testing Equipment Market

Sales of consumables in the histopathology testing equipment market are estimated to be on an upswing in 2018, says the report. The growth in sales of consumables is largely attributed to the increasing demand for reagents and antibodies. Increasing use of reagents and kits in genomics, sequencing and diagnosis of chronic diseases remains instrumental in driving their sales worldwide. Fact.MR envisages that demand for reagents and antibodies is projected to expand at a significant rate of over 5.5 % in the coming years.
The growth of histopathology testing equipment market is also influenced by macroeconomic aspects such as rising geriatric population. Increasing geriatric population is closely associated with chronic disorders and diseases, which is expected to push the demand for histopathology testing equipment worldwide.

Browse Full Report on Histopathology Testing Equipment Market with TOC- https://www.factmr.com/report/2240/histopathology-testing-equipment-market

Table of Contents

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Histopathology Testing Equipment Market Opportunity Analysis
3.1. Macro-Economic Factors
3.2. Opportunity Analysis

4. Market Background
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Trends

5. Key Inclusions
5.1. Pricing Analysis
5.2. Key Developments
5.3. Product Life Cycle Analysis
5.4. Install Base Analysis, By Region

6. North America Histopathology Testing Equipment Market Analysis 2013–2017 and Forecast 2018–2028
6.1. Introduction
6.2. Historical Market Size (US$ Mn) Analysis By Country, 2013–2017
6.2.1. U.S.
6.2.2. Canada
6.3. Market Size (US$ Mn) Forecast By Country, 2018–2028
6.4. Historical Market Size (US$ Mn) & Volume Analysis By Product Type, 2013–2017
6.4.1. Instruments
6.4.1.1. Tissue Processor Equipment
6.4.1.1.1. Automatic
6.4.1.1.2. Manual
6.4.1.2. Tissue Embedding Equipment
6.4.1.3. Slide Strainers Systems
6.4.1.3.1. High-throughput Strainers
6.4.1.3.2. Compact Strainers
6.4.1.4. Cover slipper Systems
6.4.1.4.1. Fully automated Cover slipping Workstation
6.4.1.4.2. Flexible Cover slipping Workstation
6.4.1.5. Microtome & Cryostat
6.4.1.5.1. Rotatory/Manual Microtome
6.4.1.5.2. Semi-Automatic Microtome
6.4.1.5.3. Fully Automatic Microtome
6.4.1.5.4. Manual Cryostat
6.4.1.5.5. Fully Automatic Cryostat
6.4.1.5.6. Semi-Automatic Cryostat
6.4.1.6. Microscopes
6.4.1.7. Other Instruments
6.4.2. Consumables
6.4.2.1. Reagents & antibodies
6.4.2.2. Probes
6.4.2.3. Kits
6.4.2.4. Other consumables
6.5. Market Size (US$ Mn) & Volume Forecast By Product Type, 2018–2028
6.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013–2017
6.6.1. Hospital based laboratories
6.6.2. Diagnostic Centers
6.6.3. Research Organizations
6.7. Market Size (US$ Mn) Forecast By End User, 2018–2028
6.8. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013–2017
6.8.1. Drug Discovery
6.8.2. Disease Diagnosis
6.8.4. Research Application
6.9. Market Size (US$ Mn) Forecast By Application, 2018–2028
6.10. Market Attractiveness Analysis
6.10.1. By Country
6.10.2. By Product Type
6.10.3. By End User
6.10.4. By Application
6.11. Key Market Participants – Intensity Mapping
6.12. Drivers and Restraints – Impact Analysis
.....

To Buy Histopathology Testing Equipment Market Report, Check- https://www.factmr.com/checkout/2240/S

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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