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The anatomic pathology equipment and consumables market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of 11%, as per The Business Research Company’s market report!

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The Anatomic Pathology Equipment and Consumables Market Size In 2022 And Forecast

The global anatomic pathology equipment and consumables market is expected to grow from $16.25 billion in 2021 to $17.86 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. 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, affecting many markets across the globe. The anatomical pathology equipment and consumables market is expected to grow to $27.09 billion in 2026 at a CAGR of 11%.

The anatomical pathology equipment and consumables market consist of sales of anatomical pathology equipment and consumables and related services by entities (organizations, sole traders, and partnerships) that manufacture anatomical pathology equipment and consumables to diagnose diseases.

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Rising Occurrence Of Chronic Diseases Is Driving The Growth Of The Anatomic Pathology Equipment and Consumables Market

According to the American Cancer Society, there were 1.7 million new cases and 0.6 million cancer deaths in 2019 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.

Competitive Landscape And The Regional Analysis Of The Anatomic Pathology Equipment and Consumables Market

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.

The Anatomic Pathology Equipment and Consumables Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the anatomic pathology equipment and consumables market.

Technological Advancement – A Key Trend In The Anatomic Pathology Equipment and Consumables Market

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.

Anatomic Pathology Equipment and Consumables Market Segmentation By The Business Research Company

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

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