A recent report published by Infinium Global Research on anatomic pathology testing market provides an in-depth analysis of segments and sub-segments in global as well as regional anatomic pathology testing market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional anatomic pathology testing market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global anatomic pathology testing market. According to the report the global anatomic pathology testing market is projected to grow at a CAGR of 5.3% over the forecast period of 2018-2024.
Anatomical/Anatomic pathology is a medical sphere that is related to the diagnosis of disease based on the macroscopic, microscopic, biochemical, immunologic and molecular examination of organs and tissues. Anatomic pathology testing deals with diagnosing disease by examining tissues, either through gross pathology or by light microscopy and other advanced techniques.
The increasing prevalence of chronic diseases, changing lifestyle, growing the aging population, modernization of medical facilities, development of medical science and increasing healthcare expenditure are the major factors driving the growth of this market. Increasing R&D expenditure is driving the adoption of anatomic pathology services in pharmaceutical and biopharmaceutical companies for drug discovery & development applications.
On the basis of region, the anatomic pathology testing market is divided into North America, Europe, Asia, and the Rest of the World (RoW).North America held the largest market share in 2017 on the account of the increasing demand for medical facilities, increasing healthcare spending and government initiatives, rising awareness about the use of anatomic pathology tests among physicians or doctors are some major factors driving the growth of this regional segment. Asia- Pacific region is expected to grow at the highest CAGR during the forecast period.
The report on global anatomic pathology testing market covers segments such as component, application, and region. On the basis of component the global anatomic pathology testing market is categorized into instruments, consumables, and services. On the basis of application the global anatomic pathology testing market is categorized into disease diagnosis, drug discovery & development, and other applications. On the basis of region, the global anatomic pathology testing market is categorized into North America, Europe, Asia-Pacific and rest of the world (RoW).
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global anatomic pathology testing market such as Sakura Finetechnical Co., Ltd. (Japan), Quest Diagnostics Incorporated (U.S.), Laboratory Corporation of America Holdings (U.S.), NeoGenomics Laboratories, Inc. (U.S.)., Agilent Technologies (U.S.), Danaher Corporation (U.S.), Thermo Fisher Scientific (U.S.), F. Hoffmann-La Roche AG (Switzerland), Abbott Diagnostics and Advanced Cell Diagnostics.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global anatomic pathology testing market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of anatomic pathology testing market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the anatomic pathology testing market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the anatomic pathology testing market to understand the present and future trends in this market and formulate their strategies accordingly.
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