Histopathology is a part of pathology concerned with the examination of biological tissues in order to detect the presence of sick cells or tissues. It involves looking into little changes or variations in tissues that are induced by a few illnesses. Histopathology examinations are performed in histopathology research centres or laboratories, where a pathologist examines the normal tissues for alterations or variances caused by disease. Over the last few years, there has been tremendous rise in the technologies for histopathology services such as artificial intelligence and advanced software platforms to gain deeper insights and have accurate results for the diseases. The growth of the global histopathology services market is driven by a rising prevalence of chronic conditions along with the increasing geriatric population. Moreover strong emphasis of research and development on disease diagnosis and treatment in developing nations is boosting the demand for histopathology services market globally. Furthermore leading service providers are looking forward to mergers and acquisition to expand their service portfolio along with global presence.
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Histopathology services include tissue processing, staining, immunohistochemistry, pathology evaluation, slide preparation and evaluation and others. Companies provide a comprehensive spectrum of services, from necropsy to complex histology processing, as well as professional pathologist evaluation. Research centers, hospitals and clinics, pharmaceutical companies are leveraging histopathology services to have reliable testing services as well as have standardization in testing the tissue samples. Moreover along with the advanced technologies companies are looking forward to provide services from wet tissue clipping to fixation, processing, embedding, sectioning, image analysis, and reporting, including frozen sample assessment, from any stage in the histopathology process. Furthermore, in medical and pharmaceutical research, histopathology is very important. However, performing histopathology in-house might be costly, time-consuming, or even a non-core activity in some situations which has led to outsourcing of the services to have accurate results. There is a rise in demand for histopathology services in pharmaceutical companies for research and preclinical therapeutics. Major pharmaceutical companies are collaborating with histopathology services companies to expand their value to the clients for histological services. Additionally, pharmaceutical companies are leveraging the services such as tissue analyses, efficacy determination of new compounds, toxicology evaluation and pathology reporting for good laboratory practices. For instance, OracleBio, offers digital pathology services which provides image analysis services to Pharma and Biotech clients worldwide. The company supports clinical trials and translational research by delivering strong data packages within a quality management framework using several software platforms. To support pre-clinical and clinical research, the company offers high-precision, quantitative digital pathology services. Additionally in 2018, Merck, a science and technology based company, agreed to be the sole multinational distributor of HistoCyte Laboratories Ltd, portfolio of cell line reference products for immunohistochemistry and in situ hybridization. Thus through these mergers and acquisitions, pharmaceutical companies and research centres can have an easy access to the services globally, which in turn is driving the demand for histopathology services market.
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Asia Pacific is anticipated to be the fastest growing region in the global histopathology services market. In the last two decades, there has been increasing number of large population suffering from chronic diseases in countries like India, China, Japan amongst others. Advances in biotechnology have aided the introduction of modern pathology systems in emerging countries, which can be employed in infectious disease diagnostics, molecular cancer investigations, and pharmacogenomics. Moreover, the market is growing due to increased research initiatives aimed at developing effective treatments for chronic diseases. Researchers and therapists working on therapeutics for these disorders are using thorough histopathology investigations to better understand the disease mechanisms and develop medications to treat them. Major leading players in the histopathology services market are expanding their services to Asia Pacific region by collaborating to provide better access to the histopathology services.
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The research report on Global Histopathology Services Market will include extensive information based on the following pointers:
- Global Market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2019 has been considered as historic years, 2020 as the base year, while 2021 to 2029 has been considered as the forecast period.
- Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
- Market Determinants and Influencing Factors
- Macro-Economic and Micro-Economic Indicators
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Trends on Global Histopathology Services Market
- Exclusive Details on the Effect of the Pandemic
- Porter’s Five Forces Analysis
- Competitor Landscape
- Product Benchmarking
- Market Share Analysis, 2020
- Global Presence and Growth Strategies
- The final report will include competitive product benchmarking which will include comparison of different products offered by different market participants on the basis of their features and capabilities that will help you to understand their market offerings. Furthermore, for each company, we will provide information regarding company details, company overview, product offerings, key developments, financial analysis, and SWOT analysis and business strategies.
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The Market is expected to See Immense Growth after the COVID-19 pandemic
Due to the Covid-19 pandemic working patterns are changing, technology has been adopted, and procedures have been incorporated to help histopathology departments adapt to the problems. Respiratory illness is having a profound impact on healthcare delivery, notably in the realms of pathology and laboratory medicine, with millions of individuals affected around the world and an increasing national death toll. The use of technology has lead to transformation in the histopathology services market. For example, in less than five minutes, clinicians can scan small diagnostic samples on a single slide and analyse them remotely. In response to the COVID-19 epidemic, the Food and Drug Administration has given pathologists permission to employ a technique known as whole slide imaging technology which allows the pathologists to work around the challenges produced by the Covid-19 pandemic's stringent social isolation measures. Thus Covid-19 has paved a strong path for the histopathology services market in the upcoming future as well.
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The key market participants operating in the global histopathology services market are:
- AnaPath Services GmbH
- BioIVT LLC.
- CellCarta
- Cellular Pathology Services Limited
- Comparative Biosciences, Inc.
- Core Diagnostics
- HistologiX Limited
- Histopathology Services Inc.
- Liveon Biolabs Pvt.Ltd.
- MLM Medical Labs GmbH
- Molecular Diagnostic Services, Inc.
- Pathology Services Core
- Q2 Solutions.
- Saffron Scientific Histology Services
- Suburban Diagnostics
- The Doctors Laboratory
- TOXIKON
- Other Market Participants
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Global Histopathology Services Market
By Service Type
- Tissue processing
- Staining
- Immunohistochemistry
- Pathology evaluation
- Slide preparation and evaluation
- Others
By End-User
- Research Centers
- Hospitals and Clinics
- Pharmaceutical Companies
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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