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Digital pathology has enabled pathologists to work remotely, increasing their overall productivity and assisting them in addressing case backlogs. Over the last few years, the adoption of these technologies has increased. Increased clinical use of biomarkers allows pathologists to determine disease pathogenesis at the molecular level and further guides clinical decision-making, improving patient outcomes.
Key Growth Drivers:
- The rise in the cases of cancer
Cancer is the world's second leading cause of death, accounting for 10 million deaths by 2020. Cancer accounts for approximately one-sixth of all deaths worldwide. In 2020, 19.3 million new cancer cases were reported, with that number expected to rise to 30.2 million by 2040. This increase in cancer incidence can be attributed to the growing geriatric population as well as the overall population.
- The increase in adoption of advanced pathology equipment
The widespread use of advanced pathology equipment such as staining systems, gross imaging, and digital microscopes is poised to significantly improve anatomic pathological practises. Digital imaging solutions outperform traditional techniques in terms of specificity and accuracy, which increases service uptake in the anatomic pathology market.
The report outlines the involvement of key players, including:
- Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Bayer AG (Germany), Eli Lilly and Company (U.S.), Merck Co., Inc. (U.S.), Allergan (Ireland), AstraZeneca (U.K.), Johnson Johnson Private Limited (U.S.), Cipla Inc. (U.S.), Bausch Health Companies Inc. (Canada), Abbott (U.S.)
Key Market Segmentation
Product Service (Instrument, Consumables, Antibodies, Others), End User (Pathology Labs, Research Institutes, Hospitals, Others), Application (Disease Diagnosis, Drug Discovery Development, Other Applications)
The Anatomic Pathology market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
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