Press release
The Tissue Processing System Market to thrive on resilience of supply chain at a CAGR of 5.7%
The research report reflects future market projections of the global tissue processing systems market. The global market for tissue processing systems is expected to reach a value of around US$ 440 Mn by 2025 end from a value of US$ 283.5 Mn in 2017. The global market is projected to grow at a high CAGR of 5.7% during the assessment period.
Persistence Market Research has come up with a fact based analytical research study describing various aspects of the tissue processing systems market across the globe. The analysis on tissue processing systems has been systematically drafted in a new research publication titled "Tissue Processing Systems Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)".
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This comprehensive research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting revenue growth of the global tissue processing systems market. These factors vary in magnitude across different regions for which a detailed analysis is covered in this research report. Along with this, an elaborate competition assessment and forecasts for a period of eight years from 2017-2025 is also presented with respect to each segment and sub-segment of the global tissue processing systems market.
Key Companies-
Leica Biosystems Nussloch GmbH
Thermo Fisher Scientific Inc.
Sakura Finetek Europe B.V.
Slee medical GmbH
Milestone Srl
General Data Company Inc.
Agar Scientific Ltd.
MEDITE GmbH
Bio-Optica Milano SpA
Jokoh Co. Ltd.
Others.
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Global Tissue Processing Systems Market: Segmentation Assessment
The global tissue processing systems market is segmented by product type, by technology, by end user, by modality and by region.
By region, North America is the largest region and reflects high market attractiveness. The tissue processing systems market in the Asia Pacific region is also expected to grow at a higher rate to register a CAGR of 7.3% during the period of assessment
By product type, rapid high volume tissue processors is the fastest growing segment and is poised to reflect a CAGR of 7.0% during the period of forecast. The small volume tissue processors segment is the largest segment with a high market share
By modality, stand-alone segment is expected to exhibit high lucrativeness in terms of both market value and growth rate in the coming years. This segment is projected to register a CAGR of 6.6% throughout the period of forecast
By technology, vacuum tissue processor segment is expected to dominate the global market during the assessment period and is estimated to reach a value little under US$ 320 Mn by 2025 end
By end use, diagnostic laboratories have shown higher inclination in the usage of tissue processing systems. The diagnostic laboratories segment is expected to reach a market value of around US$ 225 Mn by the end of the assessment year
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Global Tissue Processing Systems Market: Aspects Impacting Growth
Increase in healthcare expenditure, rise in the incidence rate of lifestyle diseases, increase in geriatric population, consolidation of pathology laboratory instruments with one vendor, shortage of pathologists across the globe, rise in prevalence of cancer, increasing focus on emerging and under developed markets, advancements in technology, rising adoption of tissue processing systems in labs to enhance efficiency and expanding access to advanced tissue processors are driving the growth of the global tissue processing systems market. Factors such as high cost of automated tissue processing systems in developed regions and increase in the adoption of refurbished tissue processing systems are anticipated to pose restraints to the growth of the global tissue processing systems market.
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