Anatomic Pathology Market Worth US$ 21.9 Billion to 2021 - Applications Like Disease Diagnosis and Drug Discovery Holds the Largest Shares

Geographically, anatomic pathology market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). The growing prevalence of chronic diseases, rapidly increasing aging population, rising acceptance of personalized medicine, growing academic & government investments in diagnostic research, & presence of a large number of major market players in this region are further driving growth of this market.

Key players operating in anatomic pathology market include F. Hoffmann-La Roche AG (Switzerland), Thermo Fisher Scientific (U.S.), Danaher Corporation (U.S.), Agilent Technologies (U.S.), Sakura Finetechnical Co., Ltd. (Japan), Quest Diagnostics Incorporated (U.S.), Laboratory Corporation of America Holdings (U.S.), and NeoGenomics Laboratories, Inc. (U.S.).

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Anatomic pathology market valued at USD 16.2 billion in 2016 and poised to grow at a CAGR of 6.1% between 2016 and 2021, to reach USD 21.9 billion in 2021. Anatomic pathology involves diagnosis of various types of cancer, infectious diseases, & medical conditions through examination of cells & tissue samples, which are collected from patients through biopsy.

Global anatomic pathology market segmented on basis of product & service and application. Anatomic pathology is used for the diagnosis of various types of chronic diseases such as cancer and infectious diseases. Moreover, it is used in the pharmaceutical industries to conduct toxicology studies. The anatomic pathology market is witnessing high growth due to factors such as increasing prevalence of chronic diseases, growing aging population, and increasing healthcare expenditure.

Target Audience for this Report:
• Anatomic pathology instrument manufacturers
• Anatomic pathology consumable manufacturers
• Anatomic pathology product distributors
• Various research and consulting companies
• Various research associations related to anatomic pathology

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In addition to comprehensive geographic and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. The company profiles in this report comprise product portfolios, developments, and strategies adopted by players to maintain and increase their shares in market.

On anatomic pathology market basis of product & service, market is segmented into instruments, consumables, and services. In 2016, services segment accounted for largest share of market. This growth can be attributed to increasing prevalence of chronic diseases & subsequent growth in number of anatomic pathology tests.

Drivers and Opportunities
1 Rising Incidence of Cancer
2 Rapid Growth in the Geriatric Population
3 Growing Healthcare Expenditure
4 Rapid Growth in the Emerging Markets of APAC and Latin America
5 Increased Demand for Personalized Medicine

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Value Addition for the Buyer:
This report aims to provide insights into the global anatomic pathology market. It provides valuable information on product & service and application. Details on regional markets for these segments are also presented in this report. In addition, leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

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