The anatomic pathology equipment and consumables market has seen considerable growth due to a variety of factors.
• The market for anatomic pathology equipment and consumables has seen substantial growth in the past few years. The market is projected to expand from $24.54 billion in 2024 to $26.31 billion in 2025, maintaining a compound annual growth rate (CAGR) of 7.2%.
The exceptional growth during the historical period is credited to the escalating occurrence of infectious diseases, robust economic development in emerging markets, advancements in technology, and the surge in demand for personalized medicines.
The anatomic pathology equipment and consumables market is expected to maintain its strong growth trajectory in upcoming years.
• The market for anatomic pathology equipment and consumables is projected to witness robust expansion in the upcoming years, attaining a value of $34.08 billion by 2029, with a CAGR of 6.7%.
The upsurge in this period can be linked to the increasing dependency on pathology tests based on biomarkers, a surge in training programs related to pathology, and the prevalence of chronic diseases. The future trends are expected to be centered around the introduction of novel products, partnerships investments, an emphasis on incorporating Artificial Intelligence in pathology devices, as well as putting resources into the production of 3D printing equipment.
The increasing prevalence of chronic illnesses, particularly cancer, is anticipated to fuel the anatomic pathology equipment and consumables market's growth. For instance, the National Health Service (NHS), a UK government organization, reported in August 2023 that in the period of 2022-2023, early stage (stage one or two) cancer diagnoses accounted for 58%, which marks an increase from an approximate 56% prior to the pandemic. Consequently, the global surge in the rate of cancer incidence is predicted to stimulate the demand for anatomic pathology equipment and the consumables market.
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
Subsegments:
1) By Instruments: Microscopes (Light Microscopes, Electron Microscopes), Slide Stainers, Tissue Processors, Cryostats, Embedding Centers
2) By Consumables: Reagents And Stains, Disposable Biopsy Kits, Fixatives And Embedding Media, Glass Slides And Cover Slips, Paraffin Wax
3) By Services: Equipment Maintenance And Repair, Training And Support Services, Consultation Services For Pathology Labs, Quality Control And Assurance Services
Firms in the anatomic pathology equipment and consumables market are increasingly channeling their efforts and funds into the development of new technologies to enhance efficiency and cut down the time required to execute these tests. An example would be Biogenex, which has pioneered the development of automated staining technology like Xmatrx and i6000 diagnostics to cater for varying laboratory demands. Matrix systems provide standardised procedures, starting from baking to the final glass coverslip for staining, thus mitigating the risk of cross-contamination. On the other hand, i6000 diagnostics is a high-volume system specifically designed for the staining of clinical samples within molecular pathology labs. Impressively, this i6000 diagnostics system is able to stain 200 slides in 8 hours, or 60 slides in just 3 hours.
Major companies operating in the anatomic pathology equipment and consumables market include:
• 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
• 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
North America was the largest region in the anatomical pathology equipment and consumables market in 2024. 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