Cellular pathology, also known as physiologic or anatomical pathology, is a branch of pathology that involves the examination of body parts and tissues. Cellular pathology is important in the medical field as it involves taking of tissue sample or a sample of cells from the patient and then sending it to the laboratory for the detection of problem. In these conditions, cellular pathology is the specialty that provides the final diagnosis and enables physicians to give the most appropriate advice and treatment to their patients. It helps them to understand how cellular and molecular mechanisms interact during disease processes. Cellular pathology is also used in performing an autopsy, which is an examination of the dead person's body. It helps when a person has died of a disease that could not be diagnosed correctly or completely before death for some reason.
With the increased number of cases for diseases are seeing a new height the importance of disease detection is also soaring. The cellular pathology market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. The market is segmented by product, by application, by test, by technique, by end-user, by instrument. In the product type, it is further segmented into consumables, probes, antibodies, and kits out of these, antibodies and kits are to experience the highest growth in the product segment, as they are widely used in testing at various labs and diagnostic centers owing to the fact, they are easy to use and quick result delivering. By application type, Disease diagnosis is expected to be at elevated state on account of the graph for disease, infections is soaring day by day so the demand for disease diagnosis is increasing. Genetic testing is also in demand owing to an increase in incidents of genetic diseases. The high demand for histopathological diagnosis is on the back of the increase in the number of cancer patients. Histopathology refers to the study of a biopsy. The sample is processed, and histological sections are mounted on a glass slide. This diagnosis gives accurate results of the presence of disease in the body. This is a very necessary process among doctors and pathologists to avoid errors that occur during the diagnosis phase.
According to the World Health Organization, cancer is the second leading cause of death globally, and it had accounted for an estimated 9.6 million deaths in 2018. Cancer is the leading cause of death worldwide, with an estimated 9.6 million deaths in 2018. Around the globe, 1 in 6 deaths is due to cancer. Undiagnosed rate, late-stage presentation, and inaccessible treatment are common. In 2017, only 26% of low-income countries reported that pathology services were generally available in the public sector CLICK TO DOWNLOAD SAMPLE REPORT
There is considerable potential to increase cellular pathology markets in populated countries this is owing to the fact that there is a substantial increase in the aging population and an increase in the number of patients suffering from chronic diseases. Also, prevalence of chronic diseases, development of technology, and growth of geriatric populations, increased investment in diagnostic research by non-governmental and governmental organizations, as well as market access to accredited players in the region are to boost the cellular pathology market. There also has been an increase in the share of international players in the market which is contributing to the better availability of modern, innovative materials and anatomical pathology tools.
According to the report published by WHO two years into the era of sustainable development goals, global spending on health continues to rise. That is US $ 7.8 trillion in 2017 or about 10% of GDP and $ 1,080 per capita which is increased from the US $ 7.6 trillion in 2016. The healthcare sector is expanding faster than the economy. Between 2000 and 2017, global health spending rose 3.9% year over year, while the economy grew 3.0% year over year.
The market demand is soaring on the back of rising health care costs, emerging aging populations and the increasing use and effectiveness of biomarkers to diagnose diseases. Continuous technological advances that have led to more sophisticated anatomical pathology methods have also benefited market demand. This is especially true for the industrialized nations of the world, which provides significantly to research and development of pathological methods, especially in the field of diagnosis and treatment of diseases. The developing countries are also seeing an increase in the demand for healthcare facilities owing to the efforts and government initiatives to raise awareness of new emerging technologies.
Despite the growing market for the cellular pathology, it may face restraints in growth owing to the various players entering the market and thus increasing the market consolidation which acts as a restraint. Also, many underdeveloped countries don't have such funds or public spending on such a technologically advanced market sector which may create a stagnant front for the market growth of the product.
Our in-depth analysis of the cellular pathology market includes the following segments:
Based on regional analysis, the cellular pathology market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America, followed by Europe, holds a significant share of the cellular pathology market as the region is a The growing pervasiveness of chronic diseases, mounting health care costs, superior infrastructure for hospitals and clinical laboratories, and the presence of key market players in the region are driving the expansion of the cellular pathology market in North America and European region. Asia Pacific region is expected to show significant growth as in the developed countries, health scientists and researchers are trying to provide end-to-end services to consumers to tackle the risk of diseases in humans.
The cellular pathology market is further classified based on region as follows:
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