According to the current analysis of Reports and Data, the Anatomic Pathology market was valued at USD 34.38 billion in 2020 and is expected to reach USD 56.22 billion by the year 2028, at a CAGR of 6.3%.
According to the current analysis of Reports and Data, the Anatomic Pathology market was valued at USD 34.38 billion in 2020 and is expected to reach USD 56.22 billion by the year 2028, at a CAGR of 6.3%. The Anatomic pathology is a branch of medicine that deals with the diagnosis and effect of diseases on the body. The process relies on direct visualization of organ tissues, both grossly and microscopically. Various stains are used to identify and classify different microorganisms for disease diagnosis. The rising prevalence of cancer and tumorigenesis is expected to drive the industry widely. Diagnosis of cancer in anatomic pathology using biomarkers is a growing trend in the market.
According to the World Health Organization, nearly 9.6 million deaths in 2018 occurred 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. The increasing cases of targeted diseases due to unknown new organisms is also expected to propel the market growth. These diseases affect different people with different types and need treatment accordingly. Therefore, the rising demand for personalized medicines may fuel the market in the future. Mergers and acquisitions among various industry players to increase their profits could also propel the market growth in the forecast period.
Access Free sample PDF Copy of the Report (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.reportsanddata.com/sample-enquiry-form/2763
Furthermore, to increase awareness about anatomic pathology among healthcare professionals, the government is taking initiatives and has introduced various training modules to ensure proper training to the trainees. Regionally, developing countries such as India and China has enormous untapped potential providing a favorable growth scenario. The favorable reimbursement policies and technological advancements in the region will further boost the market growth.
However, the lack of skilled professionals in healthcare and the availability of various alternative products in the market are expected to be some restraints for the market. Moreover, the product recalls from the market due to lesser efficacy, and other issues are also likely to hinder the industry growth in the forecast period.
Further key findings from the report suggest
- Various companies have entangled into mergers and acquisitions to keep their strong presence in the market. For instance in 2018, Sakura Finetek, which is a U.S. based company, got into a merger with Laboratory Medicine and Henry Ford Health System Pathology.
- The merger is expected to increase the automation level of Sakura Finetek’s pathology laboratories and decrease the errors and to obtain faster accurate results. Such automation increases the workflow and productivity of laboratories.
- Introduction of various new technologies and products in the market is expected to fuel the market growth. For instance, in 2018, Sakura Finetek introduced a manual microtome called as Accu-Cut SRM 300 LT.
- The product is known to be installed with a latest feature which is a 4-color LED backlit 3D precision Chuck. This feature enables the pathologist to check samples tissues embedded in paraffin as well as more simplified and faster visualization of biopsies could be conducted.
The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.
For Inquiry Before Buying @ https://www.reportsanddata.com/inquiry-before-buying/2763
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
Sakura Finetek, F. Hoffmann-La Roche Ltd., BioGenex Laboratories, Thermo Fisher Scientific, Hologic, Inc., Becton, Dickinson and Company, Agilent Technologies, Merck KGaA, Bio SB, Diapath S.p.A., and Danaher Corporation.
Browse Full Report Description with Research Methodology, Table of Content and Infographics @ https://www.reportsanddata.com/report-detail/anatomic-pathology-market
Anatomic Pathology Market Segmentation:
Product and Services Outlook (Revenue in Million USD; 2018–2028)
- Instruments
- Services
- Consumables
Application Outlook (Revenue in Million USD; 2018–2028)
- Disease Diagnosis
- Drug Discovery and Development
- Medical Research
- Others
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/2763
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Explore More Industry Research by Reports and Data:
Audiology Devices Market By Type (Cochlear Implants, Diagnostic Devices, Bone-Anchored Hearing Aids, Technological Hearing Aids, Hearing Aids), By Disease Type (Meniere’s Disease, Otitis Media, Otosclerosis, Tinnitus,Acoustic Tumors, Acoustic Trauma), By End-Use (Hospitals, Audiology Clinics, Rehabilitation Centers, Ambulatory Surgical Centers (ASCs), Others), and By Region Forecast to 2030 Download PDF Brochure
Medical Foods Market Size, Share, Trends, By Product (Powder, Liquid, Pills, Others), By Route of Administration (Oral and Enteral), By Application (Chemotherapy-Induced Diarrhea, Diabetic Neuropathy), By Sales Channel, and By Region Forecast to 2030 Download PDF Brochure
Point of Care (PoC) Diagnostics Market By Product, By Platform (Lateral Flow Assays, Immunoassays, Microfluidics, Dipsticks, Molecular Diagnostics), By Mode of Purchase, By End-Use and By Region Forecast to 2030 Download PDF Brochure
Phototherapy Market Analysis, By Therapy Type (Ultraviolet B, Psoralen UV A) By Disease Type (Skin Diseases, Cancers and Pre-cancers, Neonatal Jaundice, Mood and Sleep Disorders) By Device Type (CFL, LED, Lamps) By End Use (Home, Clinic, Hospital), Forecasts To 2028 Download PDF Brochure
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update: https://www.youtube.com/channel/UChLqKTFLm6sVBLEUjnadIhQ/videos