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Market Research Report
Middle East and Africa Tissue Processing Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product ; Volume ; End user ; and Country |
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| Published by | The Insight Partners | Product code | 990886 | ||||
| Published | Content info | 83 Pages Delivery time: 1-2 business days |
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| Middle East and Africa Tissue Processing Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product ; Volume ; End user ; and Country | ||
| Published: February 10, 2021 | Content info: 83 Pages |
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The Middle East and Africa tissue processing systems market is expected to reach US$ 13.23 million by 2027 from US$ 10.27 million in 2019, it is estimated to grow at a CAGR of 3.4% from 2020 to 2027.
The growth of the Middle East and Africa tissue processing systems market is attributed to key driving factors such as rising prevalence of cancer and increasing number of diagnostic laboratories across Middle East. However, high cost of cancer diagnostics is expected to restrict the market growth during the forecast period.
Tissue processing involves preparing tissues for microscopic analysis by putting them in a tangible medium. It helps provide skinny and high-quality slices that can be mounted on the glass slides and properly stained to indicate normal and abnormal structures. Tissue processing systems are widely used in cancer diagnostic laboratories, where biopsy samples are processed for cancer diagnosis. The growing aging population, prone to chronic diseases such as cancer, drives the demand for regular diagnostic tests. According to the Cancer Association of South Africa, ~115,000 South Africans are diagnosed with cancer every year. Thus, the increasing prevalence of cancer is likely to boost the demand for tissue processors in cancer diagnosis in the coming years. Also, the growing network of diagnostic laboratories across Middle East region is favoring the growth of the market.
The impact of COVID-19 pandemic on the tissue processing systems market in Middle East and Africa has been minor in the last year. Restrictions on cross-border trade in several countries worldwide were the key factors that disrupted the supply and demand of tissue processing products. However, in the long run, the market is expected to grow at a steady rate, owing to the precautions taken during the tissue processing system in Middle East and Africa.
The Middle East and Africa tissue processing systems market, based on product, is segmented into tissue transfer processors and fluid transfer processors. The fluid transfer processors segment held the largest share of the market in 2019, and the tissue transfer processors segment is expected to register the highest CAGR in the market during the forecast period.
On the basis of volume, the Middle East and Africa tissue processing systems market is segmented into small volume processors, medium volume processors, and large volume processors. The small volume processors segment held the largest share of the market in 2019, and the medium volume processors segment is anticipated to register the highest CAGR in the market during 2020-2027.
The Middle East and Africa tissue processing systems market, based on end user, is segmented into hospitals, pharmaceutical companies, research laboratories, and others. The hospitals segment held the largest share of the market in 2019, and the pharmaceutical companies segment is estimated to register the highest CAGR in the market during the forecast period.
A few of the primary and secondary sources associated with this report on the Middle East and Africa tissue processing systems market are the World Health Organization (WHO), International Cancer Research Center (IARC), and Cancer Association of South Africa (CANSA).
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