Increasing prevalence of chronic diseases and infectious conditions across the globe, growing awareness about tissue imaging, and rising investments in research and development activities are some key factors expected to drive global Tissue Imaging market growth.
Increasing prevalence of chronic diseases and infectious conditions across the globe, growing awareness about tissue imaging, and rising investments in research and development activities are some key factors expected to drive global Tissue Imaging market growth.
According to Emergen Research, the global tissue imaging market size was USD 14.38 billion in 2019 and is expected to reach USD 27.32 billion in 2027 and register a steady revenue CAGR of 8.3% during the forecast period, 2020-2027.
Market Dynamics:
Over the recent years, there has been a rapid evolution in tissue imaging techniques. These tissue imaging systems are widely used across hospitals & clinics, pharmaceutical companies, research centers, and educational institutes owing to rising prevalence of various diseases such as cancer, infectious diseases, neurological diseases, cardiovascular diseases, and immunological diseases and increasing need for accurate diagnosis and treatment. Many researchers and scientists are focused on developing tissue imaging microscopes that help in viewing live tissue in real-time. Factors such as increasing demand for automated tissue-based diagnostic systems and rising investments in R&D activities are expected to drive global market revenue growth during the forecast period.
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However, factors such as high costs of certain tissue imaging systems, inaccessibility to latest technologies due to budget constraints, and low awareness about tissue imaging technology in many developing and underdeveloped economies can hamper overall market growth during the forecast period.
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
Disease Research Segment To Account for Largest Revenue Share:
The disease research segment is expected to account for largest revenue share between 2020 and 2027 owing to high prevalence of various chronic and acute diseases, increasing number of research-based activities, rising educational institutes and research centers across the globe, and increasing funds by public and private for research purposes.
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Immunofluorescence Segment to Register Robust Revenue CAGR:
The immunofluorescence segment is expected to register robust revenue CAGR over the forecast period owing to large patient pool, rapid advancements in immunofluorescence staining, rising awareness about this technology, and increasing overall expenditure for deploying the latest immunofluorescence systems.
North America to Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share in the global market during the forecast period owing to increasing prevalence of cancer, presence of well-established healthcare infrastructure and research facilities, rapid advancements in tissue imaging, and rising funding for research and development activities.
Major Companies in the Market Include:
- Abcam PLC
- Bio-Rad Laboratories
- Becton, Dickinson, and Company
- Fluidigm Corporation
- Abbott Laboratories
- Agilent Technologies
- Biocare Medical
- Danaher Corporation
- F. Hoffmann-La Roche Ltd.
- Nikon Corporation
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For the purpose of this report, Emergen Research has segmented the global tissue imaging market on the basis of technology, products, application, end-users, and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Mass Spectroscopy
- Immunohistochemistry
- Flow Cytometry
- Digital Pathology
- In Situ Hybridization
- Immunofluorescence
- Others
Products Outlook (Revenue, USD Billion; 2017-2027)
- Platforms
- Microscopes
- Consumables
- Software
- Accessories
Application Outlook (Revenue, USD Billion; 2017-2027)
- Disease Research
- Oncology Research
- Infectious Diseases Research
- Neurological Disease Research
- Cardiovascular Disease Research
- Immunological Disease Research
- Others
- Diagnostics
- Oncology Diagnostics
- Infectious Diseases Diagnostics
- Neurological Disease Diagnostics
- Cardiovascular Disease Diagnostics
- Immunological Disease Diagnostics
- Others
End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals & Clinics
- Pharmaceutical Companies
- Research Institutes
- Others
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- 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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