Press release
North America Histopathology Services Market to Hit US$ 13,902.74 Million by 2028 to Grow Steady at 5.9% CAGR | TPL Path Labs, Targos
The North America Histopathology Services market is expected to reach US$ 13,902.74 million by 2028 from US$ 9,283.83 million in 2021; it is estimated to grow at a CAGR of 5.9% from 2021 to 2028.Histopathology services are used in the examination of biological tissues for the diagnosis of diseases. The procedure includes microscopic examination of tissues. With the help of imaging techniques biopsy tissues can now be obtained from certain inaccessible sites such as pancreas and the peritoneum.
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Factors such as rising demand for biologics and increasing prevalence of chronic diseases drive the market growth. However, limitations associated with histopathology and immunohistochemistry hinder the North America histopathology services market growth.
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Major Key players covered in this report:
• Sonic Healthcare Limited
• Laboratory Corporation of America Holdings
• TPL Path Labs
• Cureline Global Translational CRO
• Targos
• Experimental Pathology Laboratories Inc (EPL)
• CHARLES RIVER LABORATORIES, INC.
NORTH AMERICA HISTOPATHOLOGY SERVICES MARKET SEGMENTATION
North America Histopathology Services Market, by Type of Examination
• Surgical Specimen
• Breast Biopsy
• Lung Biopsy
• Renal Biopsy
• Gastrointestinal Biopsy
• Pancreatic Biopsy
• Skin Tissue Biopsy
• Testicular Biopsy
• Others
North America Histopathology Services Market, by End User
• Diagnostic Laboratories & Reference Laboratories
• Research Institutes
• Others
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The histopathology market for biologics is growing at an unprecedented rate owing to expansion of biologics pipeline, increase in manufacturing complexity, and shift in the focus of companies toward core activities. A significant boom has been witnessed in the manufacturing of biologics. There is pressing need of scaling up the production once novel technologies get approval from the domestics and international approving bodies. The competition within the biopharmaceutical sector is becoming fierce with more biological products and biosimilars being introduced in the market.
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