The outlook of the histopathology testing equipment market is likely to remain positive in the future, with the market proceeding at a value CAGR of 4.8% throughout the 2018-2028 timeline. Global sales of histopathology testing equipment surpassed US$ 5,300 Mn in 2017, with consumables leading the growth, according to the findings of a recently published study by FactMR. Rising incidences of cancer and associated mortalities are driving the need for efficient tissue diagnosis. Moreover, growing inclination toward less-invasive diagnostic procedures for cancer and other malignancies drove growth of histopathology testing equipment.
“The American Cancer Society and National Center for Health Statistics have revealed that cancer cases in Unite States crossed 1,685,000 in 2017 and are likely to increase in the coming years. Likewise, according to WHO (World Health Organization) report, emerging economies such as India are witnessing an increase in cancer mortality rates with India reflecting 79 per 100,000 deaths. This has pushed the demand for efficient diagnosis of the disease, which is expected to translate into an increase in histopathology testing equipment sales crossing US$ 5,500 Mn by end of 2018”. – Lead Analyst, Fact.MR Medical Diagnostics Division
Consumables are likely to account for nearly 80% revenue share of the market, according to the report. Demand for instruments in the histopathology testing equipment market is projected to expand at a relatively slow pace compared to consumables, making them a lucrative area for manufacturers from an investment standpoint.
Reagents and Antibodies to Spearhead Growth of Histopathology Testing Equipment Market
Sales of consumables in the histopathology testing equipment market are estimated to be on an upswing in 2018, says the report. The growth in sales of consumables is largely attributed to the increasing demand for reagents and antibodies. Increasing use of reagents and kits in genomics, sequencing and diagnosis of chronic diseases remains instrumental in driving their sales worldwide. Fact.MR envisages that demand for reagents and antibodies is projected to expand at a significant rate of over 5.5 % in the coming years.
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The growth of histopathology testing equipment market is also influenced by macroeconomic aspects such as rising geriatric population. Increasing geriatric population is closely associated with chronic disorders and diseases, which is expected to push the demand for histopathology testing equipment worldwide.
The new Histopathology Testing Equipment Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Histopathology Testing Equipment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/histopathology-testing-equipment-market/download-sampleMarket DynamicsIncreasing cancer incidences and the rising prevalence of other chronic diseases and chronic pain disorders are expected to favour the worldwide histopathology testing equipment market's growth in the upcoming years.
Furthermore, rising consumer demand for improved and technologically advanced histopathology solutions fuels consumer demand and the need for product and technology developments in the worldwide histopathology testing equipment market.
Additionally, rising melanoma instances have aided in the rise of the worldwide histopathology testing equipment market in recent years.
The global histopathology testing equipment market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth.
With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each histopathology testing equipment market player in a comprehensive way.
Further, the histopathology testing equipment market report emphasizes the adoption pattern of the histopathology testing equipment across various industries.The histopathology testing equipment market report highlights the following players:Thermo Fisher Scientific Inc.Danaher CorporationAgilent TechnologiesMerck KGaAOthersThe histopathology testing equipment market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.Consumables are likely to account for nearly 80% revenue share of the market, according to the report.
Demand for instruments in the histopathology testing equipment market is projected to expand at a relatively slow pace compared to consumables, making them a lucrative area for manufacturers from an investment standpoint.Reagents and Antibodies to Spearhead Growth of Histopathology Testing Equipment MarketSales of consumables in the histopathology testing equipment market are estimated to be on an upswing in 2018, says the report.
The growth in sales of consumables is largely attributed to the increasing demand for reagents and antibodies.
Increasing use of reagents and kits in genomics, sequencing and diagnosis of chronic diseases remains instrumental in driving their sales worldwide.
Global Histopathology Testing Equipment Market - A Report by Fact.MRFact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global histopathology testing equipment market.
The histopathology testing equipment market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume.
Further, the histopathology testing equipment market report elaborates the market behavior of each vendor operating in the histopathology testing equipment market.The histopathology testing equipment market report considers the following years to present the overall market growth:History Year: 2013-2017Base Year: 2013Estimated Year: 2028Forecast Year: 2018 – 2028Key findings of the histopathology testing equipment market study:Regional breakdown of the histopathology testing equipment market based on predefined taxonomy.Innovative manufacturing processes implemented by histopathology testing equipment market vendors in detail.Region-wise and country-wise fragmentation of the histopathology testing equipment market to grasp the revenue, and growth outlook in these areas.Changing preferences among consumers across various regions and countries.Factors (Positive and Negative) impacting the growth of the global histopathology testing equipment market.On the basis of product type, the histopathology testing equipment market study consists of:Tissue Processor EquipmentTissue Embedding EquipmentSlide Strainers SystemsCover slipper SystemsMicrotome & CryostatMicroscopesRequest for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=2240On the basis of end user, the histopathology testing equipment market study incorporates:Hospital based laboratoriesDiagnostic CentersResearch OrganizationsOn the basis of region, the histopathology testing equipment market study contains:North America (U.S., Canada)Latin America (Brazil, Mexico)Europe (Germany, U.K.)APEJ (China, India)Key players analyzed in the histopathology testing equipment market study:Hoffmann-La Roche AGThermo Fisher Scientific, IncDanaher CorporationAgilent TechnologiesSakura Finetechnical Co., LtdMerck KGaAAdvanced Cell Diagnostics, Inc.Abbott LaboratoriesCardinal Health, Inc.Queries addressed in the histopathology testing equipment market report:How has the global histopathology testing equipment market grown over the historic period of 2013-2017?Why are the histopathology testing equipment market players targeting region for increased product sales?What patented technologies are the players utilizing in the global histopathology testing equipment market?Which regions are displaying the fastest growth in the histopathology testing equipment market?What are the underlying micro- macroeconomic factors affecting the global histopathology testing equipment market?Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=2240Why choose Fact.MR?Reports published by Fact.MR are a result of the combination of our experts and digital technologies.
We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites.
Our analysts perform comprehensive research to offer ins and outs of the current market situation.
