The latest market report published by Credence Research, Inc. “Anatomic Pathology Market -
Growth, Future Prospects,and Competitive Analysis,2017-
2025,” the global anatomic pathologymarket was valued at US$ 16,575.62
in 2016, and is expected to reach US$ 27,265.07Mn by 2025 expanding at a
CAGR of 5.5%from 2017to 2025.
Browse the full report Anatomic PathologyMarket - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/anatomic-pathology-market
Market Insights
In the last few decades, sophisticated
diagnosis such as cytopathology and histopathology were labor intensive
and resulted in inaccurate diagnosis; however, they have undergone
technological advancement to provide accurate, complete diagnosis and
results within shorter lead time. In the base year 2016, services
dominated the global anatomic pathology market chiefly due to factors
such as increasing patient pool suffering with critical illness and need
for detailed diagnosis to determine treatment regimen in cases of drug
resistance. Instruments will be the fastest growing segment throughout
the forecast period 2017-2025 due to technological advancement in the
device design and operating software, inbuilt features such as high
resolution, real time image capture, large sample analysis helping in
effective diagnosis making it less labor intensive and requirement of
single skilled person to interpret the diagnosis.
In terms of applications, disease
diagnosis held the largest market share in base year 2016 chiefly due to
factors such as rising prevalence of lifestyle diseases such as
cardiovascular diseases, diabetes, COPD, arthritis; andchronic disease
risk associated with sedentary lifestyle, smoking, stress and ill eating
habits such as preference for junk food. Drug discovery and development
will be the fastest growing market throughout the forecast period
2017-2025, the factors that will propel its growth is rising prevalence
of drug resistance, drug adverse events and need for vaccines for
diseases such as influenza, cholera, ebola and swine flu, which are
epidemic and immediately life threatening.
In 2016, North America held the largest
revenue share chiefly due to factors such as rising prevalence of
chronic diseases, existence of advanced healthcare infrastructure and
affordable reimbursement policies. Asia Pacific will register faster
growth throughout the forecast period 2017-2025, chiefly due to factors
such as rising public awareness regarding critical illness leading to
early diagnosis and treatment, aging population, and growing presence of
key players involved in the manufacture of anatomic pathology devices
and growing disposable income.
The anatomic pathology market is
technologically driven and includes major players such as Abbott
Laboratories, Inc., Agilent Technologies, Inc., Boston Scientific
Corporation, Danaher Corporation, Thermo Fisher Scientific, Inc.etc.
Key Market Movements:
- Escalating prevalence of chronic diseases
- Technological advancement in pharmacogenomics and rising demand for personalized medication
- Increasing government and non-government spending to prevent and manage chronic diseases and promote health
- Affordable reimbursement scenario
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Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph.: 1-800-361-8290
Website: http://www.credenceresearch.com

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