What Has Been the Progress and Growth of the Histology Equipment Market in Recent Years?
The histology equipment market has seen considerable growth due to a variety of factors.
• The histology equipment market has grown steadily over recent years. It will grow from $0.65 billion in 2024 to $0.68 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.9%.
The historic period's growth is linked to the high incidence of chronic diseases, higher healthcare expenditure, technological innovations in imaging, expanding research efforts, and the aging global population.
What Can Be Expected from the Histology Equipment Market Size?
The histology equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The histology equipment market is expected to grow to $0.82 billion by 2029 at a CAGR of 4.5%.
Growth is driven by increasing cancer rates, demand for personalized medicine, better healthcare infrastructure, technological innovations in imaging, an aging population, and heightened R&D in life sciences. Trends include automation adoption, digital pathology, personalized medicine, tissue staining advancements, oncology research expansion, focus on workflow efficiency, and lab infrastructure investments.
What Are the Critical Driver Fuelling The Histology Equipment Market's Growth?
The rising prevalence of neurodegenerative disorders is expected to drive the histone deacetylase (HDAC) inhibitors market. Neurodegenerative disorders, such as Alzheimer's disease, are characterized by the progressive degeneration of neurons, leading to cognitive and motor dysfunction. The rising incidence of these disorders can be attributed to factors like age and genetics. HDAC inhibitors are being explored for their potential to treat neurodegenerative diseases by modulating gene expression and offering neuroprotective effects. In August 2024, the Centers for Disease Control and Prevention reported that 6.7 million older adults in the U.S. have Alzheimer's, and this number is expected to double by 2060. Therefore, the rising incidence of neurodegenerative disorders is boosting the growth of the HDAC inhibitors market.
How Is The Histology Equipment Market segmented?
The histology equipment market covered in this report is segmented –
1) By Type: Slide Staining Systems, Scanners, Tissue Processing Systems, Microtomes, Coverslippers, Other Types
2) By Product: Instruments And Analysis Software System, Consumable And Reagents
3) By Application: Hospitals, Pharmaceutical Companies, Diagnostic Centers, Academic Institutes, Research Laboratories, Other Applications
Subsegments:
1) By Slide Staining Systems: Manual Staining Systems, Automated Staining Systems, Hybrid Staining Systems
2) By Scanners: Digital Slide Scanners, Whole Slide Imaging Scanners, Confocal Scanners
3) By Tissue Processing Systems: Manual Tissue Processors, Automated Tissue Processors, Vacuum Infiltration Tissue Processors
4) By Microtomes: Rotary Microtomes, Cryostat Microtomes, Sliding Microtomes, Manual Microtomes, Semi-automated Microtomes
5) By Coverslippers: Automatic Coverslippers, Manual Coverslippers, Semi-Automatic Coverslippers
6) By Other Types: Embedding Stations, Tissue Embedding Centers, Cryostats, Histology Staining Racks, Histology Printers
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Which Emerging Market Trends Are Altering The Histology Equipment Industry?
Firms dominating the histology equipment market are centering their efforts on innovating modern solutions like next-generation slide scanners, aiming to increase precision and effectiveness in diagnosing cancer. The term next-generation slide scanner pertains to a state-of-the-art imaging instrument engineered to digitally seize comprehensive images of stained histology slides taken from patient tissue samples. These scanners generally possess enhanced attributes and functions compared to their predecessors. For example, Roche, a pharmaceutical firm based in Switzerland, unveiled the VENTANA DP 600 slide scanner in June 2022. This next-generation scanner produces high-grade images for stained histology slides obtained from patient tissue samples. Besides its high-capacity, the device boasts of a user-centric interface, and can be readily integrated into pathology lab processes. This makes it a valuable tool in procuring the necessary digital images for cancer diagnosis and treatment planning.
Who Are the Key Players In The Histology Equipment Market?
Major companies operating in the histology equipment market are:
• Thermo Fisher Scientific Inc.
• Roche Diagnostics International Ltd
• Agilent Technologies Inc.
• Hologic Inc.
• Leica Microsystems Nussloch GmbH
• Cole-Parmer Instrument Company LLC
• Sakura Finetechnical Company Ltd.
• Biogenex Laboratories Inc
• StatLab Medical Products Inc.
• Biocare Medical LLC
• Andwin Scientific
• Covaris Inc.
• A. Menarini Diagnostics S.r.l
• Diapath S.p.A.
• PolyScience Inc.
• CellPath USA
• Medite Medical GmbH
• Hacker Instruments & Industries Inc.
• Amos Scientific Pty. Ltd.
• TissueGnostics GmbH
• Konfoong Bioinformation Tech Co. Ltd (KFBIO)
• Labstac USA
• Intelsint Srl
• Milestone Medical Inc.
• Histo-Line Laboratories s.r.l.
What Is The Most Dominant Region In The Histology Equipment Market?
North America was the largest region in the histology equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the histology equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
