The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s anatomic pathology equipment and consumables market report forecasts the anatomic pathology equipment and consumables market size to grow to $29.62 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

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Anatomic Pathology Equipment And Consumables Market Size Forecast
The global anatomic pathology equipment and consumables market is expected to grow from $17.86 billion in 2022 to $19.77 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The anatomic pathology equipment and consumables market is expected to grow from $29.62 billion in 2027 at a CAGR of 10.6%.

North America held the largest anatomic pathology equipment and consumables market share.

Key Anatomic Pathology Equipment And Consumables Market Driver ­– Rise In Occurrence Of Chronic Diseases
According to the American Cancer Society, there were 1.89 million new cases and 0.6 million cancer deaths in 2021 in the USA. The four most common types of cancer worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43% of all the new cancer cases. Therefore, the rise in cancer incidence rate globally is anticipated to boost the demand for anatomic pathology equipment and the consumables market.

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Key Anatomic Pathology Equipment And Consumables Market Trend – Increasingly Investing In New Technologies
Companies in the anatomic pathology equipment and consumables market are increasingly investing in new technologies for better efficiency and reducing the time taken to conduct these tests. Companies such as Biogenex have developed automated staining technology such as Xmatrx and i6000 diagnostics for diverse laboratory needs. Matrix systems offer standardized processes from baking through final glass coverslip for staining and preventing cross-contamination and i6000 diagnostics is a high-throughput system for special staining of clinical samples in molecular pathology laboratories. The i6000 diagnostics possesses a staining capacity of 200 slides in 8 hours (60 slides in 3 hours).

Anatomic Pathology Equipment And Consumables Market Segment
1) By Products & Services: Instruments, Consumables, Services
2) By Application: Disease Diagnosis, Cancer, Other Diseases, Medical Research
3) By End-Use: Hospital Laboratories, Clinical Laboratories, Other End-Uses

Anatomic Pathology Equipment And Consumables Market Major Players and Strategies
Major players in the anatomic pathology equipment and consumables market are Epridea, F. Hoffmann-La Roche Ltd., Danaher Corporation, Thermo Fisher Scientific, Sakura Finetek, Agilent Technologies, Danaher Corporation, Bio SB, BioGenex Laboratories, and Quest Diagnostics Incorporated.

In September 2022, Epredia, a US-based cancer diagnostics company, acquired MMFrance and Laurypath for an undisclosed amount. The acquisition is in line with the company’s strategy to expand its cancer diagnostics business. MMFrance and Laurypath are both France-based anatomical pathology products manufacturers established in 1987.

The Anatomic Pathology Equipment And Consumables Global Market Report 2023 covers regional data on anatomic pathology equipment and consumables market size, anatomic pathology equipment and consumables market trends and drivers, opportunities, strategies, and anatomic pathology equipment and consumables market competitor analysis. The countries covered in the anatomic pathology equipment and consumables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The anatomical pathology equipment and consumables are used to diagnose diseases. Anatomic pathology is a branch of science in which the diagnosis of the disease is carried out by examining tissues and organs at a molecular, biochemical, and microscopic level.

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