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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Anatomic Pathology Market : Latest Trends & Industry Vision by 2024 Anatomic Pathology Market by Product & Service (Instruments (Tissue Processing Systems,
1. New release: Anatomic Pathology Market worth USD 44.4 billion by 2024
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%.
Browse in-depth TOC on “Anatomic Pathology Market”
232 – Table
35 – Figures
194 – Pages
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The growth in this market is majorly driven by the high incidence of cancer and other target
diseases, availability of reimbursement, and the growing focus on personalized medicine.
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.
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. The growth of this segment can be attributed to the
availability of reimbursements for diagnostic tests, rapid growth in the geriatric population, and
the increasing incidence of cancer and other chronic diseases.
Disease diagnosis segment accounted for the largest share of the anatomic pathology
market, by application, in 2018
2. 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. This can be attributed to
the rapid growth in the geriatric population and the increasing incidence of cancer and other
chronic diseases.
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North America is the largest regional market for anatomic pathology
Based on region, the market is segmented into North America, Europe, the Asia Pacific, and the
Rest of the World. 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.
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).
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