Anatomic Pathology Market By Geography Products Analyzers 2017 - 2025
The global anatomic pathology market is driven by the increasing incidence and prevalence of chronic diseases including infectious diseases, kidney or liver diseases, and cancer. Cancer cases are increasing exponentially worldwide, with maximum patients suffering from lung, prostate, colorectal, and breast cancer. Biomarkers are presenting a promising approach in the diagnosis of cancer and other diseases. The elevating use of biomarkers for the diagnosis of diseases is predicted to considerably accelerate the development of the anatomic pathology market. Additionally, the growing global geriatric population also plays a contributing role, as elderly individuals are more prone to infectious diseases, thereby demanding proper diagnosis for effective treatment. The developing health care infrastructure is also motivating the global anatomic pathology market.
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With the rising number of chronic diseases, demand for anatomic pathology services and therefore biopsies is also increasing. Any failure to deal with the large number of biopsies or comply with recommendations for cancer cases or other sample handling or additional testing may pose a major challenge. Improvement in turnaround time is another critical element of management, which may restrain the market.
The global anatomic pathology market can be segmented on the basis of product type & services into the following categories: consumables, reagents, instruments, and services. The instruments segment can further be divided into the following sub-categories: tissue processors, slide strainers, microtomes, and others. In terms of application, the market can be split into the following groups: drug discovery, disease diagnosis, and others. Based on end-user, the market can be classified into the following sections: hospitals, diagnostic laboratories, and research organizations.
Geographically, the global anatomic pathology market is distributed over five major regions: North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. North America holds a major share in the market due to the growing elderly population, prevalence of lung cancer & other chronic diseases, increasing investments by government & academic research centers in diagnostic research, high attention to biomarkers research, and the presence of major players in this region. Asia Pacific is anticipated to witness growth during the forecast period due to the presence of emerging economies such as India, China, and Japan. The rising population in these countries and thereby the increasing chronic diseases & improved standards in health care services, growing demand for superior medical care, and the mounting awareness regarding the importance of anatomic pathology investigation among health practitioners are some of the factors motivating the market.
Key players in the anatomic pathology market include Leica Microsystems (Danaher Corporation), Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche AG, Sakura Finetek USA, Quest Diagnostics Incorporated, NeoGenomics Laboratories, Inc., and Laboratory Corporation of America Holdings.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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