What is Tissue Diagnostics Market?
Tissue diagnostic performs a crucial part in the diagnosis, monitoring and supervision of cancer disease. Tissue diagnostics is also applied for the diagnosis of next-generation sequencing, decoding cancer molecular profiles and circulating tumour cells. It is done by fine-needle aspiration cytology, open biopsy and core biopsy. The extent to which cancer has penetrated the healthy tissue, stage and type of cancer can be determined with the help of biopsy. This diagnostic is used in pharmaceutical companies, contract research organizations, research laboratories and hospitals for the diagnosis of cancer. Some of the major tissue diagnostic tests are immunohistocheistry (IHC), hexatoxylin & eosin (H&E) and others.
The market study is being classified by Type (Consumables(Antibodies Kits, Reagents, Probes) and Instruments (Slide Staining System, Scanner)), by Application (Breast Cancer, Gastric Cancer, Lymphoma, Prostate Cancer, Non-Small Cell Lung Cancer (NSCLC) and Other Diseases) and major geographies with country level break-up.
Roche (Switzerland), Danaher (United States), Thermo Fisher Scientific (United States), Abbott (United States), Agilent Technologies (United States), ABCAM (United Kingdom), Merck KGAA (Germany), BD (United States), Hologic (United States) and Qiagen (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Bio Rad (United States), Biomeriux (France) and BioSB (United States),.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Tissue Diagnostics market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Tissue Diagnostics market by Type, Application and Region.
On the basis of geography, the market of Tissue Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The growing number of cancer incidence across the globe
- Rising healthcare expenditure
- Ongoing innovation and technological advancement on tissue diagnostics
- High cost associated with the diagnostics procedures
- Growing demand for personalized medicines
- Sringent regulatory requirements
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Tissue Diagnostics Providers, Government Regulatory and Research Organizations and End-Use Industry
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