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Histology and cytology refer to procedures that aid in the diagnosis of diseases by examining tissues and cells from the human body. Histology involves the microscopic examination and analysis of bodily tissues to study the minute structure and anatomical organization of cells. Cytology, on the other hand, involves the microscopic examination of cells from bodily secretions or fluids. The global histology and cytology market primarily comprises a wide range of instruments and consumables used for tissue and cell analysis. Some of the commonly used instruments include microtomes, tissue processors, coverslippers, microscopes, slide strainers, and other viewing and imaging systems. Consumables include reagents, kits, slides, and other disposables.
The global histology and cytology market is estimated to be valued at US$ 27.5 Bn in 2023 and is expected to exhibit a CAGR of 14.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Adoption of technological advancements in the fields of histology and cytology as mentioned in the heading is one of the major drivers of this market. Researchers and pathologists are increasingly adopting digital pathology and automated slide scanning systems for high-throughput analysis of tissue and cell samples. This is helping improve workflow efficiency and diagnostic accuracy. Automated cellular analysis using machine learning algorithms is also gaining traction. Another major driver is the growing cancer burden worldwide. Cytology and histology procedures play a pivotal role in cancer diagnosis and research. Rising cancer incidence has led to increased diagnostic testing volumes, thereby driving the demand for related instruments and consumables.
Segment Analysis
The global histology and cytology market is segmented into product, application and end user. Based on product, the market is segmented into instruments, consumables and histopathology lab equipment. Among these, the histopathology lab equipment segment accounts for the largest share of the histology and cytology market as the equipment is used routinely in pathology labs. The consumables segment is expected to witness high growth during the forecast period owing to rising demand for staining reagents, cassettes and slides for tissue processing and slide preparation.
PEST Analysis
Political: Recent healthcare reforms in various countries are focusing on increasing healthcare access and expenditure which is positively impacting the histology and cytology market.
Economic: Rising per capita healthcare expenditure and growing economy in developing countries is fueling the demand for histology and cytology procedures.
Social: Increasing awareness about early cancer detection through screening is boosting the adoption of histology and cytology tests globally.
Technological: Advancements in digital pathology, virtual microscopy and workflow solutions are enabling faster diagnosis and improving lab efficiency. Adoption of artificial intelligence and predictive analysis is also gaining traction.
Key Takeaways
The global histology and cytology market is expected to witness high growth during the forecast period owing to rising cancer incidence, growing geriatric population and increasing healthcare investments.
North America dominated the market in 2020 due to developed healthcare infrastructure and presence of leading market players in the region.
Key players like Thermo Fisher Scientific, Danaher, F. Hoffmann-La Roche Ltd and Abbott Laboratories collectively account for a significant share of the global market. Increasing automation and adoption of advanced technologies is a key trend in the market enabling higher throughput and efficiency. Launch of novel staining reagents and workflow solutions catering to precision medicine will further aid market expansion.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
