According to the new market research report “Anatomic Pathology Market by Product & Service (Instruments (Tissue Processing Systems, Microtomes), Consumables (Antibodies), Histopathology), Application (Disease Diagnosis (Cancer (Gastrointestinal)), End User (Hospital, Lab) – Global Forecast to 2024″, , published by MarketsandMarkets™, The anatomic pathology market is estimated to grow from USD 33.0 billion in 2019 to USD 44.4 billion by 2024, at a CAGR of 6.1%.

However, the availability of refurbished products, the lack of skilled professionals, and product recalls are expected to hamper market growth to a certain extent during the forecast period

Anatomic Pathology Market by Product & Service (Instruments (Tissue Processing Systems, Microtomes), Consumables (Antibodies), Histopathology), Application (Disease Diagnosis (Cancer (Gastrointestinal)), End User (Hospital, Lab) – Global Forecast to 2024

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The Anatomic Pathology Market is Segmented on:

1. Product & Service
2. Consumables
3. Application
4. End User

Services segment to witness the highest growth during the forecast period

By product & service, the market is segmented into services, instruments, and consumables. The services segment accounted for the largest market share in 2018 and is expected to register the highest CAGR during the forecast period.

Disease diagnosis segment accounted for the largest share of the anatomic pathology market, by application, in 2018

Based on application, the market is segmented into disease diagnosis and medical research. The market for disease diagnosis is further segmented into cancer and other diseases. In 2018, the disease diagnosis segment accounted for the largest market share.

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The geographical regions mapped in the report are:

•  North America
• Europe
• Asia Pacific
• Rest of the World

North America is the largest regional market for anatomic pathology

In 2018, North America accounted for the largest market share, followed by Europe. The easy accessibility to advanced technologies, government initiatives for screening cancer patients, favorable reimbursement scenario for anatomic pathology diagnostic tests, increasing healthcare expenditure, and the presence of high-quality infrastructure for hospitals and clinical laboratories in the region are the major factors driving the growth of the market in North America.

Some key players mentioned in the research report are:

Prominent players in anatomic pathology market are F. Hoffmann-La Roche Ltd. (Switzerland), Danaher Corporation (US), Thermo Fisher Scientific (US), Hologic, Inc. (US), Agilent Technologies (US), Becton, Dickinson and Company (US), Sakura Finetek (Japan), Merck KGaA (Germany), Bio SB (US), Diapath S.p.A. (Italy), and BioGenex Laboratories (US).

Anatomic Pathology Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

The Anatomic Pathology Market: By Product (Services (Cytopathology, Histopathology), Instruments (Slide Strainer, Tissue Processor, Microtomes), Consumables (Antibodies, Reagents)), By Application (Drug Discovery, Diagnosis), By End User (Hospitals, Research Organization, Diagnostic Centres), By Geography (Latin America, North America, Asia Pacific, The Middle East and Africa and Europe) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Market Outline: Anatomic Pathology Market  

Anatomic Pathology is a branch of science which involves in molecular, biochemical and microscopic analysis of tissues and organs in order to find effectiveness of diseases. Main objective of anatomic pathology is identification of abnormalities to manage treatment and diagnosis. This can be helpful diagnosis of different types of cancers.

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Market Dynamics: Anatomic Pathology Market  

Anatomic Pathology market is driven by growing prevalence of chronic disease, increase in geriatric population, rise in initiatives taken by the government in order to prevent the diseases. Furthermore, rise in incidence of STD’s, changes in lifestyle of people, increase in awareness regarding diseases and their preventive measures are expected to propel the growth of anatomic pathology market. On the other hand, lack of awareness in developing countries, high cost of the process are dampen the anatomic pathology market.

Market Scope: Anatomic Pathology Market  

The Anatomic Pathology Market is classified on the basis of product type, application, end user and regions.

Based on product type, market is segmented as

• Services
  • Cytopathology
  • Histopathology
• Instruments
  • Slide Strainer
  • Tissue Processor
  • Microtomes
• Consumables
  • Antibodies
  • Reagents

Based on application, market is segmented as

• Drug Discovery
• Diagnosis

Based on End User, market is segmented as

• Hospitals
• Research Organization
• Diagnostic Centres

Based on region, market is segmented as

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa

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Regional Analysis: Anatomic Pathology Market

Geographically Anatomic Pathology Market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa. North America is expected to remain the dominant market in global anatomic pathology market throughout the forecast period, followed by Europe due to more number of players are expected to enter into the former market during the forecast period. Japan is expected to be the next lucrative market for companies, and the market is estimated to register good revenue over the forecast period. Asia Pacific is expected to grow at fastest CAGR during the forecast period due to rising penetration of the digital imaging in emerging economies, growing investments in medical field, and the presence of untapped opportunities. Asia Pacific healthcare industry has highly influenced the anatomic pathology market due to increased incidence of cancer, geriatric population pool. Increasing demand for novel treatment options, better patient care facilities, and reduction in laboratory expenses are expected to drive demand in the coming years.

Competition Assessment: Anatomic Pathology Market

Some of the players in anatomic pathology market are

• Thermo Fisher Scientific (U.S.)
• Hoffmann-La Roche AG (Switzerland)
• Danaher Corporation (U.S.)
• Sakura Finetechnical Co., Ltd. (Japan)
• Agilent Technologies (U.S.)
• Quest Diagnostics Incorporated (U.S.)
• NeoGenomics Laboratories, Inc. (U.S.)
• Laboratory Corporation of America Holdings (U.S.)

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Key Features of the Report:

• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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