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Scientific advancements revitalize the growth of Anatomic Pathology Market

Global Anatomic Pathology Market Analysis and Forecast to 2022 | Growth Opportunity Assessment
Liam Jacob | 15.09.2018
© Liam Jacob
Global Anatomic Pathology Market Overview:

Anatomy Pathology is essentially one among the branches of the pathology stream, alternative to the Clinical Pathology. Anatomic pathology relays to the process, examination, and diagnosis of surgical examples by a physician trained in pathological diagnosis. Anatomic Pathology features the diagnosis of sickness based on the gross, microscopic, biochemical, immunologic and molecular examination of organs and tissues. The information generated by Anatomy Pathology is additionally analyzed and is utilized by doctors for a far better health management.

Anatomic Pathology market was valued at was value 15.8 Billion USD in 2016 and is predicted to be growing at a CAGR of 5.8%, to approach USD 21.4 Billion by 2021. This is primarily because of the increasing usage of technologically advanced devices for disease diagnosis and analysis.


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Drivers and Restraints:

The drug discovery is anticipated to exhibit strong growth over the forecast time primarily thanks to increasing expenditure by government and non-government organizations on R&D for the introduction of novel and high efficiency medicine. The market is anticipated to register a robust rate of growth over the forecast period due to intensive use of anatomic assays, accessibility of novel molecular testing instruments, and availability of anatomic pathology testing kits to discover numerous kinds of cancers at low price.

The small firms and new players within the market approach venture capitalists to develop anatomic pathology testing merchandise. These capitalists have invested in these corporations to develop innovative technologies and merchandise within the area of immunohistochemistry and cytology for diagnosis of chronic diseases like cancer. This raised monetary flow support from venture capitalists is hastening the expansion of anatomic pathology testing market. Post registration and market approval, venture capitalists take a share from the total revenue generated by these firms.

Geographic Segmentation

North American market provides the biggest market share globally owing to the extensive healthcare facilities in the region and the high healthcare spending. The Asia-Pacific region promises the highest CAGR over the forecast period due to the developing healthcare markets in the countries of the region.

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Key Players in Global Market:

The major market players in the anatomic pathology market are Agilent Technologies, Sakura Finetechnical Co. Ltd., Laboratory Corporation of America Holdings, NeoGenomics Laboratories Inc., Danaher Corporation and Quest Diagnostics Incorporated.

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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