MARKET OVERVIEW
Tissue diagnostics is widely adopted for the diagnosis of cancer. This technique is majorly performed by using open biopsy, core biopsy, and needle aspiration cytology. Additionally, advancements in technology about tissue diagnostic procedures have resulted in accurate and quick identification and evaluation of the disease, such as cancer.
MARKET SCOPE
The "Global Tissue Diagnostics Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tissue diagnostics market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading tissue diagnostics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global tissue diagnostics market is segmented into Consumables, Instruments. Consumables is segmented into antibodies, kits, reagents, probes and instruments is segmented into slide staining system, scanner, tissue processing system, other instruments.
- Based on technology, the global tissue diagnostics market is segmented into immunohistochemistry (ihc), in situ hybridization (ish), digital pathology and workflow management, special staining.
- Based on disease, the global tissue diagnostics market is segmented into breast cancer, gastric cancer, lymphoma, prostate cancer, non-small cell lung cancer (nsclc), other diseases.
- On the basis of end use, the market is segmented into hospitals, research laboratories, pharmaceutical companies, contract research organizations, other end users.
MARKET DYNAMICS
Drivers
- Rise in the incidences of several cancer diseases.
- Rise in the awareness regarding early detection of cancer.
- Development in the tissue diagnostics.
Restraints
- The high cost of tissue diagnostics instrument is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The tissue diagnostics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tissue diagnostics market in these regions.
IMPACT OF COVID-19 ON TISSUE DIAGNOSTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the tissue diagnostics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tissue diagnostics market are anticipated to lucrative growth opportunities in the future with the rising demand for tissue diagnostics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tissue diagnostics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Thermo Fisher Scientific
- Danaher
- Becton, Dickinson, and Company
- Agilent Technologies
- Abbott
- Roche
- Merck KGaA
- Biogenex
- Hologic Inc.
- Qiagen
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.