Histology and Cytology Market is Expected to Boom Worldwide by 2026
Posted by RakshaGajbhiye on April 27th, 2021
The global histology and cytology market was valued at USD 11,057.7 million in 2018 and is expected to reach USD 30,543.4 million by the year 2026, exhibiting a CAGR of 13.6%. Histology and Cytology procedures are related to the diagnosis of diseases and other conditions. Histology is the study of human tissues, which includes structure and function, whereas cytology is the study of human cells. Histology and cytology market had experienced a huge growth with regards to healthcare industries as several fatal diseases can be diagnosed through these clinical studies.
The Histology and Cytology industry is much fragmented and includes a large number of manufacturing giants and emerging players. The emerging players have a good opportunity to enter the Medical Oxygen Concentrates industry, owing to developments in the industry and high demand from end-use industries. Industry leaders are adopting strategies such as a merger, acquisitions, expansion, and partnership to maintain their position in the industry. For instance, in April 2019, Inogen, Inc. launched One G5 portable product in the US. The Inogen One G5 is superior to other portable products presently available in the US homecare market, which is designed for use within the homecare setting.
Companies considered and profiled in this market study:
Abbott Laboratories; Becton Dickinson and Company; BrandTech Scientific, Hoffmann-La Roche Ltd.; Hologic, Inc.; Life Technologies Corporation; Sysmex Corporation; Thermo Fisher Scientific, Inc.; Southwest Precision Instruments, and Trivitron Healthcare
The main cause of this is the high level of air pollution and the growing number of smokers. The growing awareness regarding the use of these products in order to significantly enhance the quality of life provides favorable growth opportunities for the market. In addition to this, the growing geriatric population, which is highly susceptible to chronic diseases, will also augment the demand of the product, thereby accelerating the global market.
For this report, Reports and Data have segmented the Histology and cytology market based on type, disease type, treatment type, test type, end-use and region:
Type of Examination in Histology and Cytology market (Revenue, USD Million; 2016–2026)
Test Type in Histology and Cytology market (Revenue, USD Million; 2016–2026)
Molecular genetic methods
End-use of Histology and Cytology market (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
Major Points covered in the Report:
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About the AuthorRakshaGajbhiye
Joined: January 10th, 2020
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