Global Anatomic Pathology Equipment And Consumables Market Size 2024, Forecast To 2033
11 Mar, 2024
The anatomic pathology equipment & consumables market size has witnessed rapid growth, escalating from $19.77 billion in 2023 to $22.1 billion in 2024, reflecting a compound annual growth rate (CAGR) of 11.8%. This growth in the historic period can be attributed to the increasing prevalence of infectious diseases, strong economic growth in emerging markets, technological advances, and an upsurge in demand for personalized medicines. Looking forward to 2028, the market is poised for rapid expansion, reaching $32.44 billion at a CAGR of 10.1%. Factors contributing to this projected growth include a growing reliance on biomarker-based pathology tests, an increase in pathology training programs, the impact of the COVID-19 pandemic, and the rise in chronic diseases. Key trends in the forecast period involve a focus on launching new products, investing in collaborations, incorporating AI in pathology equipment, and investing in the manufacturing of 3D printing equipment.
Global Anatomic Pathology Equipment and Consumables Market Key Driver
The demand for anatomic pathology equipment and consumables is anticipated to rise due to the escalating occurrence of chronic diseases, particularly cancer. The American Cancer Society reported 1.89 million new cancer cases and 0.6 million cancer-related deaths in the USA in 2021. Globally, the four most prevalent types of cancer—lung, prostate, bowel, and female breast cancer—account for 43% of all new cancer cases. Consequently, the global increase in cancer incidence is expected to drive the demand for anatomic pathology equipment and consumables, with market values projected at $A billion in 2023, $B billion in 2024, and an expected $C billion in 2028.
Get A Free Sample Of The Global Anatomic Pathology Equipment and Consumables Market ReportGlobal Anatomic Pathology Equipment and Consumables Market Segments
The anatomic pathology equipment and consumables market covered in this report is segmented –
1) By Products and Services: Instruments, Consumables, Services
2) By Application: Cancer, Other Diseases, Research
3) By End-Use: Hospital, Clinical Laboratories, Research
By Geography:The regions covered in the anatomic pathology equipment and consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
North America was the largest region in the anatomical pathology equipment and consumables market in 2023. Western Europe was the second largest region in the global anatomical pathology equipment and consumables market report share. The regions covered in the anatomic pathology equipment and consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Anatomic Pathology Equipment and Consumables Industry Players
Danaher Corporation, F. Hoffmann-La Roche Ltd., Cardinal Health Inc., PHC Group, Agilent Technologies, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, NeoGenomics Laboratories Inc., BioGenex Laboratories, Sakura Finetek USA Inc., Shimadzu Corporation, Bionics Scientific Technologies (P) Ltd, ACMAS Technologies Pvt. Ltd, Labindia Instruments Pvt. Ltd, Hospital Supply Company Pvt. Ltd., Ratek, Leica Biosystem, SORAN, PHC Holdings Corporation, Thermo Fisher Scientific, Becton Dickinson and Company, Epridia, TPL Pathology Labs, ARUP Pathology, Maxdata, Medesa, BMT Medical Technology, Dynex, Medicarom, Hologic Inc., Merck KGaA, Bio SB, Diapath S.p.A., DASA, UW Medicine Pathology, Sunquest, Somatco, ANDAAF Scientific Ltd, Katchey Company Limited.
Get The Full Global Anatomic Pathology Equipment and Consumables Market Report
Anatomic Pathology Equipment and Consumables Market Overview
The anatomical pathology equipment and consumables are used to diagnose diseases. Anatomic pathology is a branch of science in which the disease is diagnosed by examining tissues and organs at a molecular, biochemical, and microscopic level.
Anatomic Pathology Equipment and Consumables Global Market Report 2023 provides data on the global anatomic pathology equipment and consumables market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The anatomic pathology equipment and consumables market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.