Overview

Histopathology Testing Equipment Market Introduction

Histopathology testing equipment market is envisioned to value over US$ 8 Billion by 2029 end and register a CAGR of over 4% from 2020 to 2029.

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
Rest of World

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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