Histology & Cytology Market statistics and research analysis released in latest report
Category: #health  By Partha Ray  Date: 2019-08-12
  • share
  • Twitter
  • Facebook
  • LinkedIn

Histology & Cytology Market statistics and research analysis released in latest report

Histology & Cytology Market size is expected to grow significantly from 2019 to 2025. Increasing disease burden in developed as well as developing economies is the key factor driving histology & cytology market growth. According to World Health Organization, cancer is one of the leading causes of morbidity and mortality worldwide, accounting for around 9.5 million deaths in 2018. Additionally, cancer causing infections including human papilloma virus (HPV) and hepatitis, account for approximately 25% of cancer cases in low and middle-income economies. Moreover, growing preference towards cytological tests due to its less invasive nature and high reliability as compared to biopsy will favor histology & cytology industry growth over the forecast timeline.

Technological advancement in the cell and tissue studies will render positive impact on the histology & cytology industry growth. Continuous R&D efforts by industry players extend the scope of its application in diagnosis of numerous diseases. Moreover, favorable reimbursement policies for cancer screening and laboratory testing will further spur the business revenue. However, high cost of histology tests may hamper the histology & cytology market growth during the forthcoming years.

Request In-depth table of contents @ https://www.gminsights.com/request-toc/upcoming/3736

Cytology segment accounted for significant revenue share in 2018 and is projected to grow substantially over the forecast timeframe. Wide adoption of cytology tests in cancer detection and screening will increase its demand over the coming years. Wide adoption of specialized cytology tests for cellular level observations in diagnosis of various cancers including cervical and breast cancer will favor segment growth.

The academic and research institutes segment held momentous revenue share in 2018. Growing funding by private and public organizations in various research & development activities will stimulate business growth over the forecast period. Researchers and scientists are adopting new flexible techniques for research studies owing to innovation and modernization in histology & cytology techniques, resulting in segment growth.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/3736

North America histology & cytology market held significant revenue share in 2018 and is estimated to show similar trend over the forecast period. According to the National Cancer Institute, more than 1,735,300 new cancer cases and around 609,600 cancer deaths were recorded in 2018. Thus, increasing research activities in the region focusing on cancer diagnosis and treatment will augment North America histology & cytology industry growth.

Asia Pacific histology & cytology market is expected to witness lucrative growth over the analysis period. Large patient pool in the region suffering from various infectious diseases will favor regional growth. Surging demand for efficient sample testing resulting in timely treatment and faster patient outcomes will accelerate regional business growth during the forthcoming years.

Some of the eminent players operating in histology & cytology market are Abbott Laboratories, Becton Dickinson & Company, Danaher, F. Hoffmann-La Roche, Hologic, Merck, Perkin Elmer, Sysmex Corporation, Thermo Fisher Scientific, Trivitron Healthcare and Life Technologies. The industry players mainly focus on strategic alliances such as collaborations and acquisitions to increase existing customer base and gain more revenue.

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Bed Monitoring System & Baby Monitoring System Market 2019| Application and Future Forecast by 2025
Bed Monitoring System & Baby Monitoring System Market 2019| Application and Future Forecast by 2025
By Partha Ray

Bed Monitoring System & Baby Monitoring System market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is...

Bio Decontamination Market 2019| Application and Future Forecast by 2025
Bio Decontamination Market 2019| Application and Future Forecast by 2025
By Partha Ray

Bio Decontamination market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well ...

Data Broker Market to witness high growth in near future
Data Broker Market to witness high growth in near future
By Partha Ray

The Data Broker market study now available with Market Study Report, LLC, is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study ...