Anatomic Pathology Market
Anatomic Pathology Market Size, Share & Trends Analysis Report by Products & Services (Consumables, Services, and Instruments) by End-Users (Hospitals, Clinical Laboratory, and Others), by Application (Disease Diagnosis, and Drug Discovery) Forecast Period (2024-2031)
Anatomic pathology market is anticipated to grow at a moderate CAGR of 8.5% during the forecast period (2024-2031). Anatomical pathology is the study of organs and tissues to determine the causes and effects of particular diseases. The increasing incidence and prevalence of chronic diseases, including kidney or liver diseases, infectious diseases, and cancer has created demand for the global anatomic pathology market. Cancer cases are growing exponentially across the globe, with most patients suffering from colorectal, lung, prostate, and breast cancer. According to Breastcancer.org about 1 in 8 US women (about 13.0%) will develop invasive breast cancer throughout their lifetime. Biomarkers are presenting a promising approach to the diagnosis of cancer and other diseases. The elevating use of biomarkers disease diagnosis is predicted to accelerate the growth of the anatomic pathology market.
Market Dynamics
Digitalization of Anatomic Pathology
The ongoing digitalization in pathology labs is a major factor driving the growth of the global anatomic pathology market. For instance, in April 2024, Clarapath, a medical robotics company, announced it had entered into a strategic collaboration with Mayo Clinic to propel a new era of laboratory automation. Further, in May 2024, Indica Labs receives FDA clearance for the HALO AP Dx digital pathology platform. Such developments are further aiding the growth of the global market growth.
Rising Prevalence of Chronic Diseases
The increasing prevalence of chronic diseases such as diabetes, cardiovascular diseases, and respiratory disorders creates a huge demand for proper diagnosis and treatment, thus driving the global market growth. According to the National Center for Chronic Disease Prevention and Health Promotion, in February 2024, it estimated that 129 million individuals in the US have at least 1 major chronic disease, such as heart disease, cancer, diabetes, obesity, or hypertension, The US Department of Health reports that five of the top 10 leading causes of mortalities are preventable and treatable chronic diseases, with 42.0% of Americans having multiple conditions, impacting the healthcare system's $4.1 trillion annual expenditure.
Market Segmentation
- Based on the products & services, the market is segmented into consumables, services, and instruments.
- Based on the end-user, the market is segmented into hospitals, clinical laboratories, and others.
- Based on the application, the market is segmented into disease diagnosis and drug discovery.
Disease Diagnostics Segment Holds a Prominent Share in the Global Anatomic Pathology Market
The disease diagnostics segment is expected to hold a prominent share in the global anatomic pathology market due to the rapid growth in the geriatric population and the increasing incidence of cancer and other chronic diseases. According to Eurostat, 20.6% population are aged 65 and over. The share of people aged 80 years and above in the EU population will be increased by 5.9% to 14.6% between 2020 to 2100.
Regional Outlook
The global anatomic pathology market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Anatomic Pathology Market Growth by Region 2024-2031
North America holds a Significant Share of the Global Market
North America holds a significant share of the global anatomic pathology market. This is attributed to the increasing investment by government and academic research centers in diagnostic research and the prevalence of lung cancer and other chronic diseases. Moreover, the growing elderly population and the high attention to biomarkers research, are some other factors that contribute to the market growth in the region. The presence of key market players, such as Abbott Laboratories, is further fueling the market growth. Furthermore, the adoption of the Affordable Care Act and other healthcare reforms are expected to support market growth during the forecast period. The presence of high-income groups and favorable reimbursement policies in North America is further attracting major regional market players.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global anatomic pathology market include Danaher Corp., Agilent Technologies Inc., Abcam Plc, Abbott Laboratories, and F. Hoffman La Roche among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
Recent Development
- In May 2024, Quest Diagnostics and PathAI announced a multi-faceted collaboration designed to accelerate the adoption of digital and AI pathology innovations to improve quality, speed, and efficiency in diagnosing cancer and other diseases. Under separate agreements, Quest will license PathAI's AISight digital pathology image management system to support its pathology laboratories and customer sites in the US. This transaction will enable Quest to ramp up its capabilities in AI (Artificial Intelligence) and digital pathology.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global anatomic pathology market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Industry Trends
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Piezoelectric Devices Market by Product
4.1.1. Sensors
4.1.2. Actuators & Motors
4.1.3. Generators
4.1.4. Transducers
4.1.5. Others (Transformers and Resonators)
4.2. Global Piezoelectric Devices Market by Material
4.2.1. Crystals
4.2.2. Ceramic
4.2.3. Polymer
4.2.4. Composite
4.3. Global Piezoelectric Devices Market by Application
4.3.1. Aerospace & Defense
4.3.2. Automotive
4.3.3. Industrial Manufacturing
4.3.4. Communication
4.3.5. Healthcare
4.3.6. Other (Electronics)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Aerotech, Inc.
6.2. Apc International Ltd.
6.3. Cedrat Technologies SA
6.4. Ceramatec Gmbh
6.5. Emfit Ltd.
6.6. EnOcean Gmbh
6.7. Ionix Advanced Technologies
6.8. Kyocera Corp.
6.9. L3harris Technologies, Inc
6.10. Mad City Labs, Inc.
6.11. Microgen Systems, Inc
6.12. Morgan Advanced Materials plc
6.13. Nanomotion Motion Solutions
6.14. Oxsensis Ltd.
6.15. Physik Instrumente (Pi) Gmbh & Co. Kg.
6.16. Piezo Systems Jena Gmbh
6.17. Piezo.com
6.18. Piezocryst Advanced Sensorics Gmbh
6.19. Piezomechanik Dr. Lutz Pickelmann Gmbh
1. Global Piezoelectric Devices Market Research And Analysis By Product, 2023-2031 ($ Million)
2. Global Piezoelectric Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Piezoelectric Actuators & Motors Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Piezoelectric Generators Market Research And Analysis By Region, 2023-2031 ($ Million)
5. Global Piezoelectric Transducers Market Research And Analysis By Region, 2023-2031 ($ Million)
6. Global Other Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
7. Global Piezoelectric Devices Market Research And Analysis By Material, 2023-2031 ($ Million)
8. Global Crystals-Based Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
9. Global Ceramic-Based Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Polymer-Based Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Composite-Based Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
12. Global Piezoelectric Devices Market Research And Analysis By Application, 2023-2031 ($ Million)
13. Global Piezoelectric Devices In Aerospace & Defense Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Piezoelectric Devices In Automotive Market Research And Analysis By Region, 2023-2031 ($ Million)
15. Global Piezoelectric Devices In Industrial Manufacturing Market Research And Analysis By Region, 2023-2031 ($ Million)
16. Global Piezoelectric Devices In Communication Market Research And Analysis By Region, 2023-2031 ($ Million)
17. Global Piezoelectric Devices In Healthcare Market Research And Analysis By Region, 2023-2031 ($ Million)
18. Global Piezoelectric Devices In Other Applications Market Research And Analysis By Region, 2023-2031 ($ Million)
19. Global Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
20. North American Piezoelectric Devices Market Research And Analysis By Country, 2023-2031 ($ Million)
21. North American Piezoelectric Devices Market Research And Analysis By Product, 2023-2031 ($ Million)
22. North American Piezoelectric Devices Market Research And Analysis By Material, 2023-2031 ($ Million)
23. North American Piezoelectric Devices Market Research And Analysis By Application, 2023-2031 ($ Million)
24. European Piezoelectric Devices Market Research And Analysis By Country, 2023-2031 ($ Million)
25. European Piezoelectric Devices Market Research And Analysis By Product, 2023-2031 ($ Million)
26. European Piezoelectric Devices Market Research And Analysis By Material, 2023-2031 ($ Million)
27. European Piezoelectric Devices Market Research And Analysis By Application, 2023-2031 ($ Million)
28. Asia-Pacific Piezoelectric Devices Market Research And Analysis By Country, 2023-2031 ($ Million)
29. Asia-Pacific Piezoelectric Devices Market Research And Analysis By Product, 2023-2031 ($ Million)
30. Asia-Pacific Piezoelectric Devices Market Research And Analysis By Material, 2023-2031 ($ Million)
31. Asia-Pacific Piezoelectric Devices Market Research And Analysis By Application, 2023-2031 ($ Million)
32. Rest Of The World Piezoelectric Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
33. Rest Of The World Piezoelectric Devices Market Research And Analysis By Product, 2023-2031 ($ Million)
34. Rest Of The World Piezoelectric Devices Market Research And Analysis By Material, 2023-2031 ($ Million)
35. Rest Of The World Piezoelectric Devices Market Research And Analysis By Application, 2023-2031 ($ Million)
1. Global Piezoelectric Devices Market Share By Product, 2023 Vs 2031 (%)
2. Global Piezoelectric Sensors Market Share By Region, 2023 Vs 2031 (%)
3. Global Piezoelectric Actuators & Motors Market Share By Region, 2023 Vs 2031 (%)
4. Global Piezoelectric Generators Market Share By Region, 2023 Vs 2031 (%)
5. Global Piezoelectric Transducers Market Share By Region, 2023 Vs 2031 (%)
6. Global Other Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
7. Global Piezoelectric Devices Market Share By Material, 2023 Vs 2031 (%)
8. Global Crystal-Based Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
9. Global Ceramic-Based Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
10. Global Polymer-Based Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
11. Global Composite-Based Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
12. Global Piezoelectric Devices Market Share By Application, 2023 Vs 2031 (%)
13. Global Piezoelectric Devices In Aerospace & Defense Market Share By Region, 2023 Vs 2031 (%)
14. Global Piezoelectric Devices In Automotive Market Share By Region, 2023 Vs 2031 (%)
15. Global Piezoelectric Devices In Industrial Manufacturing Market Share By Region, 2023 Vs 2031 (%)
16. Global Piezoelectric Devices In Communication Market Share By Region, 2023 Vs 2031 (%)
17. Global Piezoelectric Devices In Healthcare Market Share By Region, 2023 Vs 2031 (%)
18. Global Piezoelectric Devices In Other Applications Market Share By Region, 2023 Vs 2031 (%)
19. Global Piezoelectric Devices Market Share By Region, 2023 Vs 2031 (%)
20. US Piezoelectric Devices Market Size, 2023-2031 ($ Million)
21. Canada Piezoelectric Devices Market Size, 2023-2031 ($ Million)
22. UK Piezoelectric Devices Market Size, 2023-2031 ($ Million)
23. France Piezoelectric Devices Market Size, 2023-2031 ($ Million)
24. Germany Piezoelectric Devices Market Size, 2023-2031 ($ Million)
25. Italy Piezoelectric Devices Market Size, 2023-2031 ($ Million)
26. Spain Piezoelectric Devices Market Size, 2023-2031 ($ Million)
27. Rest Of Europe Piezoelectric Devices Market Size, 2023-2031 ($ Million)
28. India Piezoelectric Devices Market Size, 2023-2031 ($ Million)
29. China Piezoelectric Devices Market Size, 2023-2031 ($ Million)
30. Japan Piezoelectric Devices Market Size, 2023-2031 ($ Million)
31. South Korea Piezoelectric Devices Market Size, 2023-2031 ($ Million)
32. Rest Of Asia-Pacific Piezoelectric Devices Market Size, 2023-2031 ($ Million)
33. Rest Of The World Piezoelectric Devices Market Size, 2023-2031 ($ Million)
34. Latin America Piezoelectric Devices Market Size, 2023-2031 ($ Million)
35. Middle East And Africa Piezoelectric Devices Market Size, 2023-2031 ($ Million)
