Press release
Anatomic Pathology Market Size, Report by By Product, Consumables, Applications, End User, by Key Players (Thermo Fisher Scientific, Hoffmann-La Roche, Danaher, Sakura Finetechnical, Agilent, Quest Diagnostics) | Industry to Grow at 10% CAGR during 2019-2
Global Anatomic Pathology Market 2019-2023: Anatomic Pathology Market: By Product (Services (Cytopathology, Histopathology), Instruments (Slide Strainer, Tissue Processor, Microtomes), Consumables (Antibodies, Reagents)), By Application (Drug Discovery, Diagnosis), By End User (Hospitals, Research Organization, Diagnostic Centres), By Geography (Latin America, North America, Asia Pacific, The Middle East and Africa and Europe) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024The global Anatomic Pathology Market was valued at US$ 14.56 billion in 2016 and is anticipated to surpass US$ 27.64 billion by 2025, growing at a CAGR of 9.24% from 2017 to 2025.
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Competition Assessment
Some of the players in anatomic pathology market are
• Thermo Fisher Scientific (U.S.)
• Hoffmann-La Roche AG (Switzerland)
• Danaher Corporation (U.S.)
• Sakura Finetechnical Co., Ltd. (Japan)
• Agilent Technologies (U.S.)
• Quest Diagnostics Incorporated (U.S.)
• NeoGenomics Laboratories, Inc. (U.S.)
• Laboratory Corporation of America Holdings (U.S.)
Anatomic Pathology is a branch of science which involves in molecular, biochemical and microscopic analysis of tissues and organs in order to find effectiveness of diseases. Main objective of anatomic pathology is identification of abnormalities to manage treatment and diagnosis. This can be helpful diagnosis of different types of cancers.
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Market Dynamics: Anatomic Pathology Market
Anatomic Pathology market is driven by growing prevalence of chronic disease, increase in geriatric population, rise in initiatives taken by the government in order to prevent the diseases. Furthermore, rise in incidence of STDs, changes in lifestyle of people, increase in awareness regarding diseases and their preventive measures are expected to propel the growth of anatomic pathology market. On the other hand, lack of awareness in developing countries, high cost of the process are dampen the anatomic pathology market.
Market Scope: Anatomic Pathology Market
The Anatomic Pathology Market is classified on the basis of product type, application, end user and regions.
Based on product type, market is segmented as
• Services
• Cytopathology
• Histopathology
• Instruments
• Slide Strainer
• Tissue Processor
• Microtomes
• Consumables
• Antibodies
• Reagents
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Based on application, market is segmented as
• Drug Discovery
• Diagnosis
Based on End User, market is segmented as
• Hospitals
• Research Organization
• Diagnostic Centres
Based on region, market is segmented as
• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa
Regional Analysis: Anatomic Pathology Market
Geographically Anatomic Pathology Market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa. North America is expected to remain the dominant market in global anatomic pathology market throughout the forecast period, followed by Europe due to more number of players are expected to enter into the former market during the forecast period. Japan is expected to be the next lucrative market for companies, and the market is estimated to register good revenue over the forecast period. Asia Pacific is expected to grow at fastest CAGR during the forecast period due to rising penetration of the digital imaging in emerging economies, growing investments in medical field, and the presence of untapped opportunities. Asia Pacific healthcare industry has highly influenced the anatomic pathology market due to increased incidence of cancer, geriatric population pool. Increasing demand for novel treatment options, better patient care facilities, and reduction in laboratory expenses are expected to drive demand in the coming years.
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startups details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
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