[Latest] Global Tissue Diagnostics Market Size/Share Worth USD 125.63 Billion by 2032 at a 12.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, June 14, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Tissue Diagnostics Market Size, Trends and Insights By Application (Prostate Cancer, Breast Cancer, Lung Cancer, Gastric Cancer, Other Cancers), By Product (In Situ Hybridization, consumables, Instruments , Software, Immunohistochemistry, Instruments, Slide Staining Systems, Tissue Microarrays, Tissue Processing Systems, Slide Scanners, Other Products, Consumables, Antibodies, Reagents, Kits, Digital Pathology and workflow, Whole Slide Imaging, Image Analysis Informatics, Information Management System Storage & Communication, Primary and Special Staining, Anatomic Pathology, Instruments, Microtomes & Cryostat Microtomes, Tissue Processors, Automatic Strainers, Other Products, Consumables, Reagents & Antibodies, Probes & Kits, Others), By End-User (Research Laboratories, Hospitals, Contract Research Organizations (CROs), Pharmaceutical Organizations), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of global Tissue Diagnostics Market Size & share was valued at approximately USD 40.08 Billion in 2022 and is expected to reach USD 48.63 Billion in 2023 and is expected to reach a value of around USD 125.63 Billion by 2032, at a compound annual growth rate (CAGR) of about 12.5% during the forecast period 2023 to 2032.”

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Tissue Diagnostics Market: Growth Factors and Dynamics

The tissue diagnostics market is driven by various dynamics that shape its growth and development. These dynamics include:

• Increasing Incidence of Cancer: The rising prevalence of cancer worldwide is a major driver for the tissue diagnostic market. As cancer rates continue to increase, there is a growing need for accurate and timely diagnosis, which tissue diagnostics can provide. The ability to detect and characterize different types of cancers is crucial for effective treatment planning and patient management.

• Advancements in Technology: Technological advancements in tissue diagnostic techniques have greatly enhanced their accuracy, sensitivity, and efficiency. Innovations such as digital pathology, automation, and molecular diagnostics have revolutionized the field, enabling faster and more precise analysis of tissue samples. These advancements have expanded the applications of tissue diagnostics and improved patient outcomes.

• Increasing Geriatric Population: The aging population is a significant driver for the tissue diagnostics market. Older individuals are more susceptible to various diseases, including cancer, and often require tissue diagnostic tests for diagnosis, staging, and monitoring of their condition. The growing geriatric population globally contributes to the increased demand for tissue diagnostic procedures.

• Emphasis on Personalized Medicine: The shift towards personalized medicine has a direct impact on the tissue diagnostics market. Personalized medicine aims to tailor treatment plans based on individual patient characteristics, including molecular profiling of tumors. Tissue diagnostics play a crucial role in identifying specific biomarkers and genetic alterations that guide targeted therapies and improve patient outcomes.

• Increasing Awareness and Screening Programs: Growing awareness about the importance of early disease detection and regular screenings has led to an increased demand for tissue diagnostic tests. Governments, healthcare organizations, and advocacy groups are actively promoting cancer screening programs, which drive the adoption of tissue diagnostic procedures for early detection and intervention.

• Strategic Collaborations and Partnerships: Collaboration between industry players, research institutions, and healthcare providers has become increasingly important in advancing tissue diagnostics. Partnerships facilitate the development of innovative technologies, access to diverse patient populations for clinical trials, and the exchange of knowledge and expertise. Collaborative efforts contribute to the growth and expansion of the tissue diagnostics market.

• Reimbursement and Regulatory Environment: The reimbursement landscape and regulatory requirements significantly influence the adoption and utilization of tissue diagnostic tests. Adequate reimbursement policies and favorable regulatory frameworks are essential to ensure the affordability and accessibility of these tests. Changes in reimbursement policies and regulatory guidelines can impact the market dynamics.

• Emerging Markets: Emerging markets, particularly in Asia-Pacific and Latin America, present significant growth opportunities for the tissue diagnostics market. Rapidly developing healthcare infrastructure, increasing healthcare expenditure, and a growing patient population in these regions contribute to the market’s expansion. Companies are focusing on market penetration and expansion strategies in these emerging markets.

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Report Scope

(A free sample of the Tissue Diagnostics report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request.
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
• Includes Tables and figures have been updated.
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Tissue Diagnostics report has been modified to include the COVID-19 impact study prior to delivery.)

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Tissue Diagnostics Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the tissue diagnostics market. Here is an analysis of the effects of COVID-19 on the market:

• Disruption in Routine Diagnostics: The pandemic has led to disruptions in routine healthcare services, including diagnostic procedures. Many non-urgent tissue diagnostic tests and screenings were postponed or canceled as healthcare resources were redirected to COVID-19 response. This has affected the overall demand for tissue diagnostics during the pandemic.
• Shift in Focus and Priorities: Healthcare systems worldwide shifted their focus and resources towards managing and controlling the spread of COVID-19. This shift in priorities resulted in a temporary decrease in demand for non-COVID-19-related diagnostic tests, including tissue diagnostics. The allocation of resources and staff to COVID-19 testing and treatment impacted the overall utilization of tissue diagnostic services.
• Delayed Cancer Diagnosis: The pandemic led to delays in cancer diagnosis and treatment, including tissue diagnostics. Patients may have postponed seeking medical attention or faced challenges in accessing healthcare facilities due to lockdowns, travel restrictions, and fear of exposure to the virus. As a result, the diagnosis of cancer and subsequent tissue diagnostics were delayed, impacting patient outcomes.
• Adoption of Telepathology and Digital Solutions: The need for remote consultations and minimizing physical contact during the pandemic accelerated the adoption of telepathology and digital pathology solutions. These technologies enabled pathologists to remotely review and interpret tissue samples, reducing the need for in-person consultations and enabling continuity of diagnostic services.
• Research and Development: The COVID-19 pandemic highlighted the importance of research and development in diagnostics. Many companies and research institutions redirected their efforts towards developing COVID-19 diagnostic tests and vaccines, which temporarily diverted resources from other areas, including tissue diagnostics. However, the pandemic also spurred innovation and collaboration in the diagnostic field, leading to advancements in technologies and testing methodologies.
• Recovery and Future Outlook: As vaccination rates increase and the situation improves, healthcare systems are gradually recovering and resuming routine healthcare services, including tissue diagnostics. There is a growing backlog of diagnostic tests and screenings, which is expected to drive the demand for tissue diagnostics in the post-pandemic period. Additionally, the lessons learned from the pandemic are likely to drive further advancements in telepathology, digital solutions, and remote diagnostics.

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Key questions answered in this report:

• What is the size of the Tissue Diagnostics market and what is its expected growth rate?
• What are the primary driving factors that push the Tissue Diagnostics market forward?
• What are the Tissue Diagnostics Industry’s top companies?
• What are the different categories that the Tissue Diagnostics Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Tissue Diagnostics market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2023−2032.
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Recent Developments:

• Cristallo, Galileo S2 Pro microtome was made by Diapath S.P.A. in Italy. It came out in 2020.
• Hoffmann-La Roche Ltd. in Switzerland said that the DISCOVERY Green HRP kit for cancer studies would be available in 2021.
• The HistoCore PEGASUS Plus, made by Leica Biosystems in Nussloch, Germany, is a small dual-retort tissue processor that came out in 2022.

Key Players in the Tissue Diagnostics Market:

The tissue diagnostics market is a dynamic and evolving field, with several key players leading the way:

• Roche Diagnostics: Roche Diagnostics is a leading global healthcare company that develops and manufactures a wide range of diagnostic solutions, including tissue-based cancer diagnostics. Their portfolio includes advanced staining and imaging technologies, digital pathology solutions, and companion diagnostics.
• Agilent Technologies: Agilent Technologies is a major player in the tissue diagnostics market, offering a comprehensive range of products for cancer diagnostics and research. They provide solutions for tissue processing, staining, imaging, and analysis, along with software tools for data management and interpretation.
• Danaher Corporation (Leica Biosystems): Leica Biosystems, a division of Danaher Corporation, is a key player in the tissue diagnostics market. They specialize in developing and manufacturing histopathology products, including tissue processing systems, microtomes, staining instruments, and digital pathology solutions.
• Thermo Fisher Scientific: Thermo Fisher Scientific is a prominent company that offers a wide array of products and services for the tissue diagnostics field. Their offerings include tissue processing systems, embedding solutions, microtomes, staining instruments, and molecular pathology assays.
• Abbott Laboratories: Abbott Laboratories is a global healthcare company that has a significant presence in the tissue diagnostics market. They offer a range of products for tissue processing, staining, imaging, companion diagnostics, and molecular pathology assays.
• Sakura Finetek: Sakura Finetek is a leading provider of tissue diagnostic solutions, particularly in the field of histopathology. They offer a comprehensive portfolio of products, including tissue processing systems, microtomes, staining platforms, and ancillary reagents.
• Philips Healthcare: Philips Healthcare provides a range of innovative solutions for digital pathology and tissue-based diagnostics. Their offerings include whole slide imaging systems, pathology software, and integrated workflow solutions for pathology labs.
• BioGenex Laboratories: BioGenex Laboratories is a company focused on developing and manufacturing advanced tissue diagnostic solutions. They offer automated staining systems, antigen retrieval solutions, and ancillary reagents for immunohistochemistry and in situ hybridization.
• Merck KGaA (MilliporeSigma): Merck KGaA, operating as MilliporeSigma, is a major player in the tissue diagnostics market, offering a diverse range of products for histopathology and molecular pathology. Their portfolio includes tissue fixation and processing solutions, antibodies, detection systems, and molecular analysis tools.
• Bio-Rad Laboratories: Bio-Rad Laboratories is a leading provider of innovative solutions for tissue diagnostics and research. They offer a range of products, including immunohistochemistry systems, imaging platforms, and molecular pathology assays.

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List of the prominent players in the Tissue Diagnostics Market:

• Roche Diagnostics
• Agilent Technologies
• Danaher Corporation (Leica Biosystems)
• Thermo Fisher Scientific
• Abbott Laboratories
• Sakura Finetek
• Philips Healthcare
• BioGenex Laboratories
• Merck KGaA (MilliporeSigma)
• Bio-Rad Laboratories
• Others

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The Tissue Diagnostics Market is segmented as follows:

By Application

• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Gastric Cancer
• Other Cancers

By Product

• In Situ Hybridization
  • consumables
  • Instruments
  • Software
• Immunohistochemistry
  • Instruments
    • Slide Staining Systems
    • Tissue Microarrays
    • Tissue Processing Systems
    • Slide Scanners
    • Other Products
  • Consumables
  • Antibodies
  • Reagents
  • Kits
• Digital Pathology and workflow
  • Whole Slide Imaging
  • Image Analysis Informatics
  • Information Management System Storage & Communication
• Primary and Special Staining
• Anatomic Pathology
  • Instruments
  • Microtomes & Cryostat Microtomes
  • Tissue Processors
  • Automatic Strainers
  • Other Products
  • Consumables
  • Reagents & Antibodies
  • Probes & Kits
  • Others

By End-User

• Research Laboratories
• Hospitals
• Contract Research Organizations (CROs)
• Pharmaceutical Organizations

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By Region

North America

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Tissue Diagnostics Market Research/Analysis Report Contains Answers to the following Questions.

• Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Tissue Diagnostics Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Tissue Diagnostics Market? What Was the Capacity, Production Value, Cost and PROFIT of the Tissue Diagnostics Market?
• What Is the Current Market Status of the Tissue Diagnostics Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Tissue Diagnostics Market by Considering Applications and Types?
• What Are Projections of the Global Tissue Diagnostics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Tissue Diagnostics Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Tissue Diagnostics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Tissue Diagnostics Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Tissue Diagnostics Industry?

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Reasons to Purchase Tissue Diagnostics Market Report

• Tissue Diagnostics Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Tissue Diagnostics Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Tissue Diagnostics Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Tissue Diagnostics Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Tissue Diagnostics market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Tissue Diagnostics market analysis.

• The competitive environment of current and potential participants in the Tissue Diagnostics market is covered in the report, as well as those companies’ strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

•  Participants and stakeholders worldwide Tissue Diagnostics market should find this report useful. The research will be useful to all market participants in the Tissue Diagnostics industry.

•  Managers in the Tissue Diagnostics sector are interested in publishing up-to-date and projected data about the worldwide Tissue Diagnostics market.

•  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Tissue Diagnostics products’ market trends.

•  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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