Histopathology testing equipment market is envisioned to value over CAGR of over 4% from 2022 to 2028.

Histopathology is the examination of diseases related to tissues. With the help of a microscope, the examination of tissues is done. It spots the characteristics of the disease. Histopathology testing equipment is widely utilized in medical laboratories for biological examinations. The rising cases of cancer and increasing prevalence of other chronic diseases are boosting the growth of the market.

Higher demand for advanced histopathology alongside rising cases of melanoma has accelerated the growth of the market. The demand for histopathological testing equipment has created new space for manufacturers.

The market is bifurcated on the basis of product type, by application, by the end user, and by region. The product is further divided into instruments and consumables. Instruments consist of tissue processor equipment, tissue embedding equipment, cover slipper systems, microscopes, microtome & cryostat, and others. The consumables segments consist of reagents & antibodies, probes, kits, others. The rising demands for reagents and antibodies are fueling the growth of the market. Kits and reagents are predicted to contribute to the growth of the market during the forecast. Rising demand for anatomic pathology services owing to huge usage of kits has accelerated the growth of the market. Kits are required in high number for sequencing and diagnosing of chronic diseases. 

The application is segmented into drug discovery, disease diagnosis, research application. Disease diagnosis is contributing to the histopathology testing equipment. Research application is also witnessed to dominate the growth of the market in the coming years. In terms of end user, the market is segmented into hospital-based laboratories, diagnostic centres, and research organizations.  Hospital-based laboratories are expected to control the growth of the market during the forecast period. 

In terms of region, North America has emerged as the largest market. Presence of prominent alongside and developed healthcare infrastructure has fueled the growth of the market in the region. Asia-Pacific region is forecasted to achieve the highest growth. The rapid development of healthcare infrastructure alongside technological advancements has inflated the size of the market in the region.

Key players of the market are Thermo Fisher Scientific, Advanced Cell Diagnostics Inc, Abbott Laboratories, Abcam, Omnyx, Monogram Biosciences, Sakura Fintek, and others.

Histopathology Testing Equipment Market Segmentation
By Product Type

  • Instruments
    • Tissue Processor Equipment
      •  Automatic
      •  Manual
  • Tissue Embedding Equipment
  • Slide Strainers Systems
    •  High-throughput Strainers  
    •   Compact Strainers
  • Cover slipper Systems 
    • Fully automated cover slipping workstation 
    • Flexible cover slipping workstation
  • Microtome & Cryostat
    • Rotatory/Manual Microtome
    • Semi-Automatic Microtome 
    • Fully Automatic Microtome 
    • Manual Cryostat 
    • Fully Automatic Cryostat 
    •   Semi-Automatic Cryostat
  • Microscopes
  • Other Instruments
  • Consumables 
    •  Reagents & antibodies 
    •  Probes 
    •  Kits 
    •  Other consumables 

By Application  

  • Drug Discovery 
  • Disease Diagnosis 
  • Research Application 

By End Users

  • Hospital-based laboratories 
  • Diagnostic Centers 
  • Research Organizations  

By Region

  • Europe
  • North America  
  • APAC  
  • Latin America 
  • Middle East and Africa  

Competitive Landscape:  

  • Tier 1 players- established companies in the market with a major market share  
  • Tier 2 players 
  • Emerging players which are growing rapidly 
  • New Entrants   

FutureWise Takeaways: 

  • Growth prospects    
  • SWOT analysis 
  •  Key trends 
  • Key data points affecting market growth  

Objectives of the Study: 

  • To provide with an exhaustive analysis on the histopathology testing equipment market based on the product type, by application, by end users, and region 
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
  • To evaluate and forecast micro-markets and the overall market  
  •  To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
  • Profiling of companies to evaluate their market shares, strategies, financials and core competencies

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