According to Emergen Research, the global slide strainers market size was USD 3.44 Billion in 2020 and is expected to reach USD 7.87 Billion in 2028 and register a revenue CAGR of 10.8% during the forecast period, 2021-2028.
Emergen Research has published its latest report titled “Slide Stainers Market By Product (Reagents, Consumables & Accessories, Equipment), By Technology (Hematoxylin and Eosin, Immunohistochemistry, In Situ Hybridization, Cytology, Microbiology, Hematology, Special Stains), By End-Use (Hospitals and Diagnostic Centers, Academic and Research Institutes, Pharmaceutical and Biotechnology Companies, Other), and By Region Forecast to 2028”
According to Emergen Research, the global slide strainers market size was USD 3.44 Billion in 2020 and is expected to reach USD 7.87 Billion in 2028 and register a revenue CAGR of 10.8% during the forecast period, 2021-2028.
Market Dynamics:
Slide strainers are devices that use various techniques such as direct staining, surface adsorption, indirect staining, and mordant staining to automate the staining of prepared histology tissue specimens. These instruments make microscopic study and identification of tissues and cells easier, and they’re widely used in illness diagnosis in the domains of haematology, cytopathology, microbiology and histopathology. This is a major factor expected to boost slide strainers market revenue growth during the forecast period.
In addition, increasing number of hospitals and diagnostic laboratories, rising focus on the preparation of quality control slides in biotechnology firms, and technological advancements in clinical research and laboratories are some factors expected to fuel revenue growth of the market during the forecast period. The use of an automated slide stainer allows researchers in laboratories to completely automate the staining procedure which enhances rapid workflows and saves time and money. In April 2021, Andhra Medical College (AMC) in India improved its multi-disciplinary research unit labs and included automatic slide-stainer fitted with arm stain slides which is based on pre-programmed robotic system. However, lack of skilled technicians and knowledge on how to use automate slide strainers high capital investments, and unfavorable government regulations are some factors expected to restrain slide strainers market over the forecast period.
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COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Hematoxylin and Eosin Segment Revenue to Expand at a Rapid CAGR:
Hematoxylin and eosin segment is expected to register a rapid revenue CAGR over the forecast period attributed to increasing research and development activities in pharmaceutical and biotechnology companies. Hematoxylin (H) and Eosin (E) staining aids in the identification of distinct types of tissues and cells and as well as the shape, structure and pattern, of cells in a tissue sample. It is the most often used technology in medical diagnosis and in histopathology laboratories as it provides detailed view of the tissue including including the cytoplasm, and extra-cellular components.
Hospitals and Diagnostic Centers Segment to Register Significant Revenue Growth:
Hospitals and diagnostic centers segment is expected to register significant revenue growth over the forecast period due to increasing patient flow in hospitals owing to rise in infectious and chronic diseases, growing elderly population and increase in need for automation of in diagnostic centers to save space and money.
North America to Account for Largest Revenue Share:
North America is expected to account for largest revenue share in the global market over the forecast period due to increasing investments on R&D activities to develop technologically advanced instruments, rising government initiatives to develop effective therapeutics in research and clinical laboratories, and presence of biotechnology and pharmaceutical companies. Further, rising healthcare expenditure and growing adoption of automated slide stainers devices are some other factors expected to fuel market growth in the region.
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Major Companies in the Market Include:
- Hoffmann-La Roche Ltd.
- Agilent Technologies, Inc.
- Danaher Corporation
- BioGenex
- Thermo Fisher Scientific
- Sakura
- Biocare Medical
- Merck Group
- General Data Company
- Hardy Diagnostics
For the purpose of this report, Emergen Research has segmented the global slide stainers market based on product, technology, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Reagents
- Consumables & Accessories
- Equipment
- Automated Slide Stainers
- Manual Slide Staining Sets
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Hematoxylin and Eosin
- Immunohistochemistry
- In Situ Hybridization,
- Cytology
- Microbiology
- Hematology
- Special Stains
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals and Diagnostic Centers
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
- Others
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Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
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