Anatomic Pathology Market Size, Share, Outlook, and Opportunity Analysis, 2019– 2027
Anatomic Pathology Market Report Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.
Increasing demand from anatomic pathology service providers as well as from research laboratories (anatomic pathology research) is expected to drive growth of the Anatomic Pathology Market over the forecast period.
Innovative product launches and increasing mergers & acquisition activities has fostered growth of the anatomic pathology market. For instance, in June 2018, PHC Holdings Corporation completed acquisition of Anatomical Pathology business of Thermo Fisher Scientific Inc., The acquired Anatomical Pathology business would operate as a new stand-alone company named Epredia and will serve as a leading global provider of comprehensive solutions in the anatomical pathology .
Moreover increasing product launch is also anticipated to propel the growth of anatomical pathology market during the forecast period, F. Hoffmann LA Roche Ltd. launched VENTANA DP 200 Slide Scanner in April 2018, which provides high-speed scanning of histology slides for digital pathology.
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Commercially available products include tissue processing systems, microtomes, cryostats, and immunohistochemistry products along with accessories for these products such as cytology accessories, and microtome accessories. Microtomes are required to cut tissue block at room temperature with precision, control, and comfort and can be manually operated, semi-automated, and fully automated. Whereas, Cryostats are used to cut sections of frozen tissue blocks at subzero temperatures.
However, integration of new technology such as Artificial Intelligence (AI) in pathology is expected to positively impact growth of the anatomic pathology market over the forecast period. For instance, Leica Biosystems announced to support a UK government project to find ways to integrate Artificial Intelligence in pathology applications in January 2018.
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However, limited use of anatomic pathology solutions is expected to restrain growth of the anatomic pathology market over the forecast period.
Anatomic Pathology Market Insights
North America and Europe are expected to dominate the anatomic pathology market over the forecast period, owing to presence of various anatomic pathology research institutions (individual universities such as University of Ottawa, Canada) and diagnostic laboratories. Moreover, anatomic pathology service providers are present in both the regions who require these products frequently.
Anatomic Pathology Market Competitive Landscape
Key players operating in the global anatomic pathology market include Thermo Fisher Scientific, F. Hoffman-La Roche AG, Agilent Technologies, Danaher Corporation, Quest Diagnostics, Inc., Biocartis NV, and Sakura FineTechnical Co., Ltd.
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