Asia-Pacific tissue diagnostics market is anticipated to grow at a CAGR 7.6% during the forecast period. Asia-pacific tissue diagnostic market is considered to be an opportunistic and most emerging market due to the significant improvement in the healthcare system and a huge pool of cancer patients across the region. According to WHO (World Health Organization) China, India, Japan Korea, Indonesia and Australia are the key regions with the most number of cancer patients. As a result, the Asia-pacific tissue diagnostic market and medical device business are appealing for Western medical device organizations to expand its operation. According to Cancer Index organization every year, an average of 70 million newly diagnosed patients are recorded in the APAC region. Rising elderly patients are more prone to cancer which is creating a good scope for the diagnosis market. Asia-pacific tissue diagnostic companies such as Roche Holdings AG, Agilent Technologies, and GE healthcare among others offer a broad spectrum of medical device and services hospitals, physicians, medical research institutions, commercial medical labs and other patients with conditions requiring them to self-test if required.
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Globally, the population is around 7 billion, with APAC covering more than 4.5 billion individuals. The most populous nation includes China and India with 1.3 and 1.2 billion individuals respectively. The more diminutive Southeast Asian nations are still extremely populated, with Indonesia around 250 million and Vietnam having a population of 100 million people. These Southeast Asian nations are growing significantly with quick financial development and huge investment in the healthcare domain. The huge population in the APAC region has a significant population of cancer patients across the region. As a result, the untapped APAC tissue diagnostic market is considered to be a lucrative destination for growth in the region.
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Asia-Pacific Tissue Diagnostics Market Segmentation
By Technology
· Immunohistochemistry
· In Situ Hybridization
· Digital Pathology And Workflow Management
· Special Staining
· Hematoxylin & Eosin (H&E) Stain
By Diseases
· Breast Cancer
· Gastric Cancer
· Lymphoma
· Prostate Cancer
· Non-small Cell Lung Carcinoma
By Product
· Instruments
· Consumables
By End-User
· Hospitals
· Pharmaceuticals
· Research Institute
· Laboratories
· Other Research
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)