Global anatomic pathology market is expected to grow at a CAGR of 6%, during the forecast period. Anatomy pathology is the branch of medicines in which the effect of disease on the body organs are studied as a whole or microscopically.The key growth factors that augment market growth include the increasing incidence and prevalence of chronic diseases, including kidney or liver diseases, infectious diseases, and cancer. Anatomic pathology related to the examination, processing, and diagnosis of surgical specimens, whereas, clinical pathology refers to the division that processes blood cell counts, urinalysis, blood glucose level determinations, coagulation studies, and throat cultures. To practice this pathology license is required. In North America, certificates by the American Board of Pathology or the American Osteopathic Board of Pathology is commonly required to obtain employment or hospital privileges.
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Moreover, the advancement by the manufacturers in accuracy oncology have led in an augmented demand for predictive assays that enable the selection and stratification of patients for treatment. There are various companies functioning in the global market include Abbott Diagnostics, Danaher Corp., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific Inc. In order to sustain in such a competitive environment manufacturer are adopting various organic and inorganic growth strategies such as product launches and mergers and acquisitions. For instance, Thermo Fisher Scientific Inc. acquired Alfa Aesar for the manufacturing of the chemicals that are used in production purposes as well as research. In April 2018, Thermo Fisher Scientific Inc. signed a partnership agreement with Leica Microsystem, to work together for the development of an integrated cryotomography workflow for the R&D purposes.
Global Anatomic Pathology Market – Segmentation
By-Products and Services
- Anaesthesiology
- Consumables
- Services
- Instruments
By Application
- Disease Diagnostic
- Drug Discovery
By End-Users
- Hospitals
- Clinical Laboratory
- Physician Laboratory
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
