Anatomic Pathology Market To Grow at CAGR 6%, Market Value to Reach USD 24 Billion By 2026
Acumen Research and Consulting
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Global?Acumen research and consulting, the global?Anatomic Pathology market?size to grow at CAGR 6% market value to reach around USD 24 billion by 2026?
Pathology is a medical science specialty related to the diagnosis of various tissues and organs through microscopic, macroscopic, immunological, biochemical or molecular studies. Operative pathology has made incredible advances over many years from the primitive autopsy technique to a modernized approach. It also focuses on cancer diagnosis and oncological prognosis, which aid in decision-making and serve as a guide for decision-making. The Global Anatomical Pathology Market drives the rapid growth of cancer diseases such as breast cancer, lung cancer and colorectal cancer.?
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Dynamics of Anatomic Pathology Market?
The increasing clinical use of biomarkers is enabling pathologists to determine the molecular pathogenesis of diseases, leading to better patient outcomes. The market is driven by the increasing reliance on pathological biomarker tests and processes to screen for prevalent malignancies and tumorigenesis. Advanced pathology equipment such as staining machines, gross imaging, and digital microscopes are poised to significantly improve anatomical pathology. Compared to off-the-shelf technologies, digital imaging solutions offer specificity and accuracy advantages that in turn improve service acceptance in the global marketplace. Companies are constantly developing and improving the design and usability of sophisticated pathology equipment. In order to avoid difficulties related to disease management, several partnership and agreement projects have also been carried out between large companies to introduce an efficient portfolio. Sakura Finetek USA worked in October 2018 to develop the level of automation of its pathology laboratories through a partnership with Laboratory and Henry Ford Health Systems Pathology. Integrating automation into laboratories optimizes workflows in anatomical pathology by reducing errors and turnaround times and achieving high efficiency.
A significant number of public pathology training programs exist to increase knowledge of the technological and legal issues inherent in anatomy. Furthermore, these training modules emphasize the formation of students' theoretical understanding and address the market challenge for specialists. A significant number of reagents and kits, antibodies and probes are marketed for pathological anatomy procedures. According to the study results, the largest part of the revenue-generating segment is responsible for the availability of a wide range of products in connection with a high consumption of consumables. On the other hand, market players expect continuous technological advances and concentrated attempts to offer improved design anatomical devices for sales development in their instrument sector. In 2018, Sakura Finetek launched SRM 300 LT manual microtome, a new feature Easier viewing of paraffin - Embedded tissue samples for quick viewing of translucent biopsies, built into 4-color LED-backlit precision chuck.
Anatomic Pathology Regional Market Analysis
North America accounted for the largest share of sales in 2018 due to the large players and support for public projects related to training for pathology programs. Largest application of associated processes in the US due to favorable reimbursement policies Diagnosis of tissues in the detection of malignancy facilitates regional market growth. Increasing demand for sophisticated imaging, growth of expanded patient care facilities and a suite of franchised pathology labs strengthen Asia Pacific's footprint. In addition, there is a presence of governmental organizations, such as the pathology branch of the Chinese Medical Association in China, to support pathology initiatives.?
Anatomic Pathology Top Market Players?
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