Global Anatomic Pathology Market - 2023-2030

Overview

Global anatomic pathology market reached US$ 16.7 billion in 2022 and is expected to reach US$ 31.1 billion by 2030 growing with a CAGR of 8.3% during the forecast period 2023-2030.

The anatomic pathology market plays a critical role in the diagnosis and characterization of diseases through the examination of tissues and cells. It encompasses a wide range of laboratory tests and techniques used to identify and analyze various diseases, including cancer, infectious diseases, and autoimmune disorders. Anatomic pathology services are essential for accurate disease diagnosis, prognosis, and treatment selection, making them a crucial component of modern healthcare systems.

The global anatomic pathology market is driven by the factors such as the increasing prevalence of chronic diseases, rising demand for personalized medicine, advancements in diagnostic technologies, rising aging population, and technological advancements and developments in anatomic pathology.

Dynamics

Rising Demand for Personalized Medicine Drives the Growth of the Anatomic Pathology Market

Personalized medicine aims to customize medical treatments and interventions based on an individual's unique characteristics, such as genetic makeup, biomarker expression, and disease profile. Anatomic pathology plays a vital role in providing the necessary diagnostic information to guide personalized treatment decisions. Pathologists analyze tissue and cell samples to identify specific biomarkers, genetic alterations, and histopathological features that help determine the most effective treatment options for individual patients.

For instance, in March 2023, PathAI launched AISight, a digital pathology platform that quantifies PD-L1 positive tumor and immune cells in NSCLC samples. The platform is used in 13 academic medical centers, reference laboratories, and independent pathology organizations in the US as part of PathAI's Early Access Program. The platform aims to advance precision medicine for patients worldwide.

Moreover, Molecular pathology techniques have significantly advanced the capabilities of anatomic pathology in supporting personalized medicine. Next-generation sequencing, gene expression profiling, and other molecular diagnostics enable the identification of genetic mutations, gene fusions, and other molecular alterations associated with specific diseases. These technologies allow for a comprehensive assessment of an individual's disease profile, facilitating the selection of targeted therapies and personalized treatment plans.

Increasing Prevalence of Chronic Diseases Also Drives the Growth of the Anatomic Pathology Market

Anatomic pathology plays a crucial role in the diagnosis and monitoring of various chronic diseases such as cancer, cardiovascular diseases, neurological disorders, and autoimmune conditions. Pathologists analyze tissue and cell samples to identify specific disease characteristics, including tumor grading, staging, and the presence of molecular markers. Accurate diagnosis of chronic diseases is essential for effective treatment planning, disease management, and assessing treatment.

Anatomic pathology benefited from advancements in diagnostic techniques, enabling more precise and comprehensive disease assessment. The innovations such as digital pathology, and molecular pathology enhanced the capabilities of anatomic pathology to accurately diagnose chronic diseases. These technological advancements have improved the sensitivity and specificity of disease detection, allowing for early diagnosis and better treatment outcomes.

For instance, in June 2023, Sheikh Shakhbout Medical City (SSMC), a joint venture between Abu Dhabi Health Services Company (SEHA) and Mayo Clinic, launched an Anatomical Pathology Laboratory. This advanced facility will aid the expert-led pathology team in accurately diagnosing chronic diseases and complex conditions using AI-powered tools and applications.

A Lack of Skilled Pathologists Will Hamper the Growth of the Market.

A lack of skilled pathologists can result in limited diagnostic capacity, especially when faced with a growing demand for anatomic pathology services. With a limited of pathologists available, the capacity to handle a larger volume of cases and deliver timely diagnoses may be compromised. This can lead to longer turnaround times for test results, delayed patient diagnoses, and potential backlogs in pathology laboratories.

A lack of skilled pathologists can impact access to anatomic pathology services. Patients face challenges in accessing timely and accurate diagnostic services, leading to delays in treatment decisions and potentially compromising patient outcomes. Limited access to anatomic pathology services can hinder the growth of the market by impeding patient care.

Segment Analysis

The global anatomic pathology market is segmented based on product and services, type, technique, application, end-user, and region.

The Consumables Segment Accounted for Approximately 36.3% of the Anatomic Pathology Market Share

Consumables are essential components used in various laboratory processes within anatomic pathology, including sample collection, processing, staining, and analysis. These consumables include slides, reagents, stains, antibodies, and other materials required for sample preparation and testing. As anatomic pathology services are constantly in demand for disease diagnosis and monitoring, there is a continuous need for consumables, driving their dominance in the market.

For instance, on June 2023, StatLab Medical Products (StatLab), a leading global developer and manufacturer of medical diagnostic equipment and supplies, is expanding across multiple manufacturing sites to support business growth after the successful acquisition of two UK-based histology consumables and diagnostic equipment companies.

Anatomic pathology involves a high volume of routine and repetitive testing, particularly in cancer diagnostics. Routine procedures such as histology, cytology, and immunohistochemistry require consumables for processing large numbers of samples. The repetitive nature of these procedures leads to higher consumption of consumables, contributing to their significant market share.

For instance, in April 2023, Xyall and Indica Labs entered into a global strategic partnership designed to bridge the gap between histology and molecular pathology. It unites Xyall's unique automated tissue dissection solutions with Indica Labs' AI-powered, diagnostic digital pathology platform.

Geographical Penetration

North America Accounted for Approximately 39.6% of the Market Share in 2022, Owing to the Advanced Healthcare Infrastructure and Technological Advancements

North America has a well-established and advanced healthcare infrastructure, which includes state-of-the-art diagnostic facilities and pathology laboratories. The region has a high concentration of renowned academic institutions, research centers, and medical schools that drive innovation in anatomic pathology. The availability of skilled pathologists, and robust healthcare systems contribute to the growth and dominance of the market in North America.

North America is at the forefront of technological advancements in anatomic pathology. The region has been quick to adopt and integrate digital pathology and AI technologies into diagnostic workflows. The utilization of these advanced technologies enhances efficiency, accuracy, and productivity in anatomic pathology services. North American companies and research institutions lead in developing and commercializing innovative diagnostic technologies, further strengthening the market's dominance in the region.

For instance, in March 2023, OptraSCAN, the leading end-to-end digital pathology solution provider announces the introduction of the OnDemand Digital Pathology solution to meet today's need for the complete digital transformation of pathology laboratories in North America. Laboratories and Hospitals can save hundreds of thousands of dollars spent on Capital purchases by subscribing to OptraSCAN OnDemand Digital Pathology for a low monthly fee.

Competitive Landscape

The major global players in the anatomic pathology market include Quest Diagnostics Inc., Danaher Corporation, PHC Holdings Corporation, Laboratory Corporation of America Holdings, F. Hoffmann-La Roche AG, Agilent Technologies Inc., Cardinal Health Inc., Sakura Finetek USA Inc., NeoGenomics Laboratories Inc., and BioGenex.

COVID-19 Impact Analysis

The COVID-19 pandemic significantly impacted the global anatomic pathology market. The pandemic led to a shift in diagnostic priorities, with a heightened focus on COVID-19 testing. Anatomic pathology laboratories had to adapt their operations to accommodate the increased demand for COVID-19 testing, including the processing of respiratory samples and performing molecular tests like PCR. This shift in focus resulted in a diversion of resources and workforce from other diagnostic areas, potentially impacting the volume of non-COVID-19 related tests.

ussia Ukraine Conflict Analysis

The Russia-Ukraine conflict is estimated to have a moderate impact on the global anatomic pathology market. The conflict can disrupt the global supply chains of laboratory equipment, reagents, and consumables used in anatomic pathology. Both Russia and Ukraine are major producers and suppliers of medical devices and laboratory products. Any disruption in the production, distribution, or transportation of these supplies leads to shortages and increased costs for anatomic pathology laboratories worldwide.

By Product & Services

• Consumables

Kits & Reagents

Antibodies

Probes

Others

• Instruments

Microtomes

Tissue Processors

Automatic Stainers

Whole Slide Imaging (WSI) Systems

Others

• Services

By Type

• Histopathology
• Cytopathology
• Surgical Pathology
• Others

By Technique

• Special Staining
• Immunohistochemistry
• Electron Microscopy
• Genetic Testing
• Others

By Application

• Disease Diagnosis
• Drug Discovery and Development
• Others

By End User

• Hospitals
• Research Laboratories
• Diagnostic Laboratories
• Others

By Region

• North America

U.S.

Canada

Mexico

• Europe

Germany

U.K.

France

Spain

Italy

Rest of Europe

• South America

Brazil

Argentina

Rest of South America

• Asia-Pacific

China

India

Japan

Australia

Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• On April 17, 2023, Xyall and Indica Labs entered into a global strategic partnership designed to bridge the gap between histology and molecular pathology. The partnership enables Xyall's industry-leading automated Tissector tissue dissection solutions to capitalize on Indica Labs' flagship HALO AP anatomic pathology image management and workflow software, which facilitates primary diagnosis, remote slide review, case sign-out, and more.
• On April 10, 2023, Versant Diagnostics, an independent physician services company, announced a joint collaboration agreement with In-Office Pathology, LLC (IOP), a Nantucket-based specialist in building in-office laboratories, to increase access to pathologists and build pathology labs in an evolving industry. Versant Diagnostics will offer anatomic pathology services to IOP's network of in-office labs, and IOP will build laboratories at select Versant Diagnostics specialty clinics and physician practices.
• On September 23, 2022, Epredia, a global leader in precision cancer diagnostics, announces that its parent company PHC Holdings Corporation has acquired the anatomical pathology equipment suppliers, Microm Microtech France (MM France) and Laurypath, as part of a strategic expansion of Epredia's presence in Europe.

Why Purchase the Report?

• To visualize the global anatomic pathology market segmentation based on product & services, type, technique, application, end-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of anatomic pathology market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global anatomic pathology market report would provide approximately 53 tables, 54 figures, and 195 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies