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Anatomic Pathology Market Forecast, Business Analysis 2019 With Roche, LabCorp, Philips, Danaher Corporation, Nikon, Leica Microsystems, BioGenex, Quest Diagnostics, Agilent Technologies, Thermo Fisher Scientific, Boston Scientific
Anatomic Pathology Market
This anatomic pathology report not only provides market segmentation in the most-detailed pattern but also conducts thorough analysis of patents and major market players to provide a competitive landscape. The report provides market data even by considering new anatomic pathology product development from beginning to launch. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. This anatomic pathology market report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in this industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players.
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Market Statistics
Global anatomic pathology market is expected to rise from its initial estimated value of USD 18.66 billion in 2018 to an estimated value of USD 30.53 billion by 2026, registering a CAGR of 6.35% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing Incidence of Cancer.
Market Definition
Anatomic pathology is a medical speciality that is required in the diagnosis of disease based on the microscopic, macroscopic, biochemical, immunologic and molecular examination of organs and tissues. In the last few years, surgical pathology has evolved extremely, from an ancient examination of whole bodies (autopsy) to modern techniques needed for the diagnosis and prognosis of cancer to guide treatment decision-making in oncology.
According to the World Health Organization, there were an estimated 9.6 million deaths in 2018 due to cancer; Cancer is the second leading cause of death globally. About 1 in 6 deaths is due to cancer. These deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to market growth.
Market Drivers:
· Increasing incidence of cancer is in the world is working as a driver for the industry
· Emerging technology in medical devices is a driver for the industry
Market Restraints:
· The high degree of consolidation in the industry is expected to act as a restraint to the market growth
· The imposition of excise duty by the U.S. Government
Key Market Competitors: Global Anatomic Pathology Market
Few of the major competitors currently working in the global anatomic pathology market are F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc.(U.S.), Koninklijke Philips N.V.( Netherlands), Leica Microsystems(Germany), Digipath, Inc.(U.S.), Laboratory Corporation of America Holdings (U.S.), Danaher(U.S.)., Angsana Molecular & Diagnostics Laboratory Pte Ltd. (Singapore), Quest Diagnostics Incorporated.(U.S.), Agilent Technologies, Inc (U.S.), Sakura Tech (Singapore), BioGenex, Bio SB (U.S.), NeoGenomics Laboratories, Inc.(U.S.), Nikon Corporation(Japan), PerkinElmer, Inc.(U.S.), Definiens (Germany), Boston Scientific Corporation(U.S.), Advanced Cell Diagnostics, Inc.(U.S.), Tecan Trading AG(Switzerland), RareCyte, Inc.(U.S.), Oxford Cancer Biomarkers Ltd. (U.K.), Enzo Biochem Inc. (U.S.), and Epic Sciences (U.S.) among others.
Key Developments in the Market:
· In April 2019, Visiopharm A/S awarewith the 2019 Global digital pathology software solutions Company of the Year Award. The company has accelerated anatomic pathology through digital transformation with its end-to-end digital pathology software solutions, Qualitopix and Oncotopix.
· In March 2019 Inspirata, Inc. has collaborated with OSUCCC-James. This collaboration has scanned over one-million anatomic pathology slides into high resolution whole slide digital images. This accomplishment has demonstrated that it is possible to create large repositories of diagnostic quality.
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Global anatomic pathology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anatomic pathology market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global Anatomic Pathology Market
By Product & Service
· Instrument
o Tissue Processing Systems
o Microtomes
o Cryostats
o Others
· Consumables
o Reagents
§ Stains & Dyes
§ Fixatives
§ Others
o Antibodies
o Others
By End User
· Pathology Labs
· Research Institutes
· Hospitals
· Others
By Application
· Disease Diagnosis
· Drug Discovery & Development
· Other Applications
By Geography
· North America
o US.
o Canada
o Mexico
· South America
o Brazil
o Argentina
o Rest of South America
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
· Middle East & Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East & Africa
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