The global pathological examination market is expected to reach $438 billion by 2025, registering a CAGR of 12.3% from 2019 to 2025, in terms of value. In terms of number of tests, the global pathological examination market is expected to reach 65 billion units by 2025, registering a CAGR of 8.0%.
Different types of pathological examinations are available in the market. These are used for diagnosis and treatment of a variety of diseases, and hence play an important role in improving public health. This field has been evolving with technological advancements in digital pathology.
Major factors that drive the market growth include increase in prevalence of chronic diseases and high focus on early diagnosis of diseases. However, shortage of pathologists is expected to restrict the growth of the global pathological examination market. Moreover, use of digital pathology in the diagnosis of the diseases is anticipated to provide lucrative growth opportunities for the key market players.
The global pathological examination market is segmented based on type, application, and region to provide a detailed assessment of the market. Based on type, the market is bifurcated into digital pathology and traditional pathology. By application, it is divided into digestive organs and other applications. The market is analyzed across the U.S., Europe, Asia, and rest of the world.
KEY MARKET BENEFITS
KEY BENEFITS FOR STAKEHOLDERS
By Type
o Digital Pathology
o Traditional Pathology
By Application
o Digestive Organ
o Other Applications
By Region
LIST OF KEY PLAYERS OPERATING IN THE MARKET (These players are not profiled in the report. The same will be included on request)
Different types of pathological examinations are available in the market. These are used for diagnosis and treatment of a variety of diseases, and hence play an important role in improving public health. This field has been evolving with technological advancements in digital pathology.
Major factors that drive the market growth include increase in prevalence of chronic diseases and high focus on early diagnosis of diseases. However, shortage of pathologists is expected to restrict the growth of the global pathological examination market. Moreover, use of digital pathology in the diagnosis of the diseases is anticipated to provide lucrative growth opportunities for the key market players.
The global pathological examination market is segmented based on type, application, and region to provide a detailed assessment of the market. Based on type, the market is bifurcated into digital pathology and traditional pathology. By application, it is divided into digestive organs and other applications. The market is analyzed across the U.S., Europe, Asia, and rest of the world.
KEY MARKET BENEFITS
- The study provides an in-depth analysis of the global pathological examination market along with the current trends and future estimations to elucidate the imminent investment pockets.
- A quantitative analysis from 2017 to 2025 is discussed to enable the stakeholders to capitalize on the prevailing market opportunities.
- In-depth analysis of pathology examinations based on type such as digital pathology and traditional pathology is carried out in the report.
- The global pathological examination market scenario is comprehensively analyzed in accordance to the key regions.
KEY BENEFITS FOR STAKEHOLDERS
By Type
o Digital Pathology
o Traditional Pathology
By Application
o Digestive Organ
o Other Applications
By Region
- U.S.
- Europe
- Asia
- Rest of the World
LIST OF KEY PLAYERS OPERATING IN THE MARKET (These players are not profiled in the report. The same will be included on request)
- Quest Diagnostics, Inc.
- Sonic Healthcare Limited
- Spectra Laboratories
- Diagnostic Pathology Services, Inc.
- Q2 Solutions
- Histo-Scientific Research Laboratories
Table of Contents
Chapter: 1: INTRODUCTION
Chapter: 2: EXECUTIVE SUMMARY
Chapter: 3: MARKET OVERVIEW
Chapter: 4: GLOBAL PATHOLOGICAL EXAMINATION MARKET, BY APPLICATION
Chapter: 5: PATHOLOGICAL EXAMINATION MARKET, BY TYPE
Chapter: 6: PATHOLOGICAL EXAMINATION MARKET, BY REGION
Executive Summary
According to this report titled 'Pathological Examination Market by Application, and Type: Global Opportunity Analysis and Industry Forecast, 2018 - 2025, the global pathological examination market share was valued at $171 billion in 2017 and is expected to reach $438 billion by 2025, registering a CAGR of 12.3% from 2019 to 2025.In terms of number of tests, the global pathological examination market size is expected to reach 65 billion by 2025, registering a CAGR of 8.0%.
Pathology is a study that involves diagnosis of diseases through examination of bodily fluids such as blood, urine as well as organs or tissues. It enables identification of the causes, mechanisms, and extent of disease that further helps in treatment decisions for a disease. The factors such as increase in prevalence of chronic diseases and high focus on early diagnosis of diseases drive the growth of the market. However, shortage of pathologists, is expected to restrict the global pathological examination market growth across the globe.
The digital pathology segment is expected to grow at the highest CAGR of 15.4% during the forecast period due to its advantages and expected adoption in the future.
Depending on application, the other applications segment is expected to exhibit the fastest growth rate of 13.0% during the forecast period. This is attributed to high adoption of pathological examination trends for diagnosis and treatment of various disease classes such as cancer, gynecology, and diabetes.
U.S. was the highest revenue contributor in the global pathological examination market, accounting for over 50% share of the total market in 2018. However, Asia is expected to grow at the highest rate due to massively increasing population, high prevalence of diseases, and growth in the healthcare market.
Key Findings of the Pathological Examination Market:
U.S. occupied 53% share of the global pathological examination market in 2017.
The digital pathology segment is anticipated to grow with the highest CAGR throughout the forecast period.
The other applications segment is anticipated to grow at the highest rate during the analysis period.
Some of the major companies operating in this market include Quest Diagnostics, Inc., Sonic Healthcare Limited, Spectra Laboratories, Diagnostic Pathology Services, Inc., Q2 Solutions, and Histo-Scientific Research Laboratories.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
