Global Anatomic Pathology Market is Projected to Register a Healthy CAGR of 6.35

Posted by nileshdbmr on December 12th, 2019

Global Anatomic Pathology Market is expected to rise from its initial estimated value of USD 18.66 billion in 2018 to an estimated value of USD 30.53 billion by 2026, registering a CAGR of 6.35% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing Incidence of Cancer.

Anatomic pathology is a medical speciality that is required in the diagnosis of disease based on the microscopic, macroscopic, biochemical, immunologic and molecular examination of organs and tissues. In the last few years, surgical pathology has evolved extremely, from an ancient examination of whole bodies (autopsy) to modern techniques needed for the diagnosis and prognosis of cancer to guide treatment decision-making in oncology.

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Competitive Analysis: Global Anatomic Pathology Market

Global anatomic pathology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of anatomic pathology market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Anatomic Pathology Market

Few of the major competitors currently working in the global anatomic pathology market are F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc.(U.S.), Koninklijke Philips N.V.( Netherlands), Leica Microsystems(Germany), Digipath, Inc.(U.S.), Laboratory Corporation of America Holdings (U.S.), Danaher(U.S.)., Angsana Molecular & Diagnostics Laboratory Pte Ltd. (Singapore), Quest Diagnostics Incorporated.(U.S.), Agilent Technologies, Inc (U.S.), Sakura Tech (Singapore), BioGenex, Bio SB (U.S.), NeoGenomics Laboratories, Inc.(U.S.), Nikon Corporation(Japan), PerkinElmer, Inc.(U.S.), Definiens (Germany), Boston Scientific Corporation(U.S.), Advanced Cell Diagnostics, Inc.(U.S.), Tecan Trading AG(Switzerland), RareCyte, Inc.(U.S.), Oxford Cancer Biomarkers Ltd. (U.K.), Enzo Biochem Inc. (U.S.), and Epic Sciences (U.S.) among others.

Segmentation: Global Anatomic Pathology Market

• By Product & Service (Instrument, Consumables, Antibodies, Others)
• By End User (Pathology Labs, Research Institutes, Hospitals, Others)
• By Application (Disease Diagnosis, Drug Discovery & Development, Other Applications),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• Increasing incidence of cancer is in the world is working as a driver for the industry
• Emerging technology in medical devices is a driver for the industry

Market Restraints:

• The high degree of consolidation in the industry is expected to act as a restraint to the market growth
• The imposition of excise duty by the U.S. Government

Reasons to Purchase this Report:

• Current and future of global anatomic pathology market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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