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Market Analysis-2020 World Pathology Congress

Yaron Shargall

Professor, Department of Surgery, McMaster University, Canada, E-mail: [email protected]

 
Visit for more related articles at Journal of Clinical and Molecular Pathology

Abstract

Market Analysis:

The pathology market is projected to achieve a price of USD forty four.4 billion by 2024 from USD thirty three.0 billion in 2019, at a CAGR of vi.1% from 2019 to 2024. The high incidence of cancer and different target diseases, accessibility of compensation, and also the growing concentrate on personalised drugs area unit the main factors driving the expansion of the pathology market.

Based on product & service, the pathology market is metameric into services, consumables, and instruments. The services section accounted for the biggest share of the anatomic pathology market in 2018. The massive share of this section may be attributed to the supply of reimbursements for diagnostic tests, zoom within the geriatric population, and also the increasing incidence of cancer and different chronic diseases.

Based on user, the pathology market is metameric into hospital laboratories, clinical laboratories, and different finish users. In 2018, the hospital laboratories section accounted for the biggest market share and is predicted to grow at the best CAGR throughout the forecast amount. the expansion during this market may be attributed to the increasing variety of patient visits to hospitals, growing variety of in-house diagnostic procedures performed in hospitals, growing awareness concerning early illness diagnosing, and also the accessibility of reimbursements in developed markets for clinical tests performed in hospitals.

By region, the anatomic pathology market is metameric into North America, Europe, Asia Pacific, and also the remainder of the planet (RoW). In 2018, North America accounted for the biggest market share, followed by Europe. The rising prevalence of chronic diseases, increasing health care expenditure, the high-quality infrastructure for hospitals and clinical laboratories, and also the presence of major market players within the region area unit driving the expansion of the anatomic pathology market in North America.

The distinguished players in operation within the anatomic pathology market embrace F. Hoffmann-La Roche Ltd. (Switzerland), Danaher Corporation (US), Thermo Fisher Scientific (US), Hologic, Inc. (US), Agilent Technologies (US), Becton, Emily Dickinson and Company (US), Sakura Finetek (Japan), Merck KGaA (Germany), Bio SB (US), Diapath S.p.A. (Italy), and BioGenex Laboratories (US).

Pathology Market is one of the Fastest Growing Segment in Japan across the world.

This Research has done in-depth with various studies of 11 segments of Japan Market:

Urine & Feces, Infectious disease, Hematology, Clinical Chemistry, Immunology, Microbiology, Pathology, Tumor Marker, Genetic Testing, Self-Monitoring Blood Glucose (SMBG) and others. The report gives the insight of market value along with the growth factors for each of segments.

The Pathology market owes a significant growth and result accuracy of pathology, increased demand of care devices, efficiency of workflow in laboratory. However, it is suspected the increased growth with cost of equipments & infrastructure in developing countries.

The market overview gives a quick picture of information about the key roles played by the industries with respect to their market size, volume, values, advanced technology, and economical factors in the market.

The report gives you detailed graphical information about study in different market segments of industry. The key role is to adopt sustainable strategies such as new product development, distribution of equipments, regional channel expansion and also to attain a greater share target in the market.

The outline of the overview is increasing focus on workflow efficiency and implementing faster equipments for chronic diseases and quick processing of key trends which trigger the market growth.

The revenue, spending, and test volume of the U.S. clinical laboratory testing market has grown steadily over the past decade. Clinical laboratory testing is positioned to directly benefit from the explosion in biotechnology, especially genomics. A range of dynamic trends is pushing market growth and company valuations. The global laboratory medicine analysers market was estimated at $8,965 million in 2014. This market is expected to grow at a CAGR of 5.52% between 2014 and 2019, to reach $11,728.01 million in 2019

Laboratory medicines are considered a vital part of the healthcare industry as almost 80.0% of doctor’s diagnoses are dependent on laboratory tests results. Laboratory diagnosis services, interpret and deliver specific information to doctors at the right time are perceiving an increase in demand. Laboratory medicine services offer a range of tests that help in identifying abnormalities and disease progression; these include routine urine and blood tests for genetic analysis like molecular expression testing, fluorescence in-situ hybridization. Major drivers for laboratory medicine market include increasing occurrence rates of chronic diseases, evolving the global base of geriatric population and increasing patient awareness levels affecting to disease diagnoses. Early disease detection assisted by specialized diagnosis, mostly in the areas of gynecology, endocrinology, and oncology is leading to doctors taking complete advantage of laboratory medicines for disease diagnosis and treatment. Global laboratory medicine market was valued at USD 174.14 billion in 2013. The market size of the Laboratory Medicine is highest in the USA, which is need to be get propagated across the globe in order to develop the world in this arena.

Market Value ($m)

Pathology specimens on an average currently number approximately 73,000 per year and autopsies number approximately 120 per year. Approximately 600 specimens are processed for electron microscopy annually including over 350 renal biopsies per year. The Pathology Advanced Diagnostics Laboratory performs over approximately Urovysion tests, KRAS tests, B and T gene rearrangements HPV genotypes, DNA ploidy studies, and small-round-blue-cell PCR panels annually. The global digital pathology market is estimated to reach $5.7 billion by 2020. The In vitro diagnostics market revenue is expected to reach $74.65 billion by 2020 at a CAGR of 5.34% during 2014-2020. The diagnostic Medicine market growth rate is 5-7% yearly. The market value of the Laboratory Medicine is increasing gradually. And it is likely to increase to 17227million $ till 2018. This is a huge leap from 2014 -2018; the market value is subsequently increasing, as it is shown below in a graphical representation.

Top USA Pathology Universities:

• University of California, San Francisco

• Baylor College of Medicine

• Oregon Health & Science University

• Clinical Pathology Conferences

• UT Southwestern Medical Center

• Harvard Medical School

• Clinical Chemistry Conferences

• Medical University of South Carolina

• Perelman School of Medicine at the University of Pennsylvania

• University of Massachusetts Medical School

• David Geffen School of Medicine

• Mayo Clinic College of Medicine and Science

• Northwestern University Feinberg School of Medicine

• The University of Chicago Pritzker School of Medicine

• Columbia University Vagelos College of Physicians and Surgeons

• Duke University School of Medicine

• The Johns Hopkins University School of Medicine

• Geisel School of Medicine

• Division of Cardiac and Thoracic Surgery, SUNY Downstate Medical Center

• Weill Cornell Medical College

• Breast Pathology Conferences

• Albert Einstein College of Medicine - Jack and Pearl Resnick Campus

• Emory University

• Mayo Clinic School of Medicine

Top EuropePathologyUniversities:

• University of Oxford

• University of Cambridge

• Imperial College London

• University College London

• London School of Economics and Political Science

• University of Edinburgh

• Clinical Pathology Conferences

• LMU Munich Germany

• King’s College London

• École Polytechnique Fédérale de Lausanne

• Karolinska Institute

• Cytopathology Conferences

• Technical University of Munich

• Heidelberg University

• KU Leuven

• University of Manchester

• University of Amsterdam

• Humboldt University of Berlin

• Delft University of Technology

• Clinical Chemistry Conferences

• Wageningen University & Research

• Leiden University

Top Asia Pacific and Middle EastPathologyUniversities:

• National University of Singapore

• Surgical Pathology Conferences

• Tsinghua University

• Peking University

• University of Melbourne

• University of Hong Kong

• Australian National University

• University of Queensland

• Chinese University of Hong Kong

• University of Sydney

• The University of Tokyo

• Monash University

• Europathology Conferences

• Surgical Pathology Conferences

• Seoul National University

• University of New South Wales

• Digital Pathology Conferences

Pathology Societies:

• College of American Pathologists

• United States and Canadian Academy of Pathology

• American Society for Clinical Pathology

• American Society of Hematology

• Pathology Conferences

• International Academy of Pathology

• California Society of Pathologists

• Surgical Pathology Conferences

• Los Angeles Society of Pathologists

• American Society for Clinical Pathology

• Psychopathology Conferences

• Michigan Society of Pathologists

• California Society of Pathologists

• Pathology Conferences

• Paediatric Pathology Society

• Digital Pathology Conferences

• Society for Cardiovascular Pathology

• Pathological Society of Great Britain and Ireland

• UK Endocrine Pathology Society

• Chicago Pathology Society

• Cytopathology Conferences

Pathology jobs in Europe:

• Consultant doctor in Histopathology

• Digital Pathology Conferences

• Registrar & Consultant doctor in Haematology

• Plant Pathology Conferences

• Microbiology Consultant Doctor

• Pathologist / Pathology Doctors

• Europathology Conferences

• Forensic Pathology Conferences

• Scientific Technical Specialist

• Laboratory Medicine Conferences

• Senior Specialist Microbiology

Pathology jobs in USA:

• Clinical Biochemist Position

• Clinical Pathologist Position

• Pathologist Position

• Staff Specialist Pathologist Position

• Haematopathologist

• Forensic Pathology Conferences

• Lead Scientist – Molecular Pathology

• Clinical Account Manager / Business Developer (Immunology) – NORTH

• Senior QC Scientist – Molecular Lead BioCMC

• Method Coordinator I (Immunochemistry) - Harrogate, North Yorkshire, UK

• Dermatopathology Conferences

• Contractual editors: Physical Sciences, Engineering, Environmental Sciences, Medicine, Life Sciences

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