Global Pathology Devices Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Pathology Devices Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Technology (Clinical Chemistry, Immunoassays Technology, Microbiology, Molecular Diagnostics, and Other Technologies), Application (Drug Discovery and Development, Disease Diagnostics, Forensic Diagnostics, and Other Applications), End-User (Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, and Other End-Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Pathology Devices Market was valued at USD 6,421.4 million in 2023 and is expected to reach USD 10,788.1 million by 2031 while growing at a CAGR of 6.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global pathology devices market growth. Digital pathology involves converting glass slides into digital formats with a whole slide image scanner and examining these images on devices like computer monitors or mobile devices using an image viewer. This viewer functions much like a conventional light microscope, allowing pathologists to manipulate the slides as they would traditionally.
Innovations like digital pathology, automated instruments, and improved imaging techniques significantly enhance the efficiency and accuracy of pathological analyses, and the rising prevalence of chronic diseases further drives market growth. However, the high cost of pathology devices and the complexity of integrating advanced technologies pose challenges to market expansion.
Furthermore, the global pathology devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Technology Analysis
The Global Pathology Devices Market is segmented among Clinical Chemistry, Immunoassays Technology, Microbiology, Molecular Diagnostics, and Other Technologies, based on Technology. In 2023, Molecular Diagnostics accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Pathology Devices Market is segmented among Drug Discovery and Development, Disease Diagnostics, Forensic Diagnostics, and Other Applications, based on Application. In 2023, Drug Discovery and Development accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Pathology Devices Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Abbott Laboratories, Becton, Dickinson and Company, Bio-Rad Laboratories, Beckman Coulter Inc., Definiens, Hamamatsu Photonics, Mikroscan Technologies, Ortho-Clinical Diagnostics, F. Hoffmann-La Roche AG, and Thermo Fisher Scientific.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Pathology Devices Market Dynamics
Drivers
Restraints
Opportunity
4. Global Pathology Devices Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Pathology Devices Market Segmentation, By Technology
Global Pathology Devices Market Share Analysis, By Technology
Global Pathology Devices Market Growth Analysis, By Technology
Global Pathology Devices Market Trends, By Technology
o Clinical Chemistry
o Immunoassays Technology
o Microbiology
o Molecular Diagnostics
o Other Technologies
6. Global Pathology Devices Market Segmentation, By Application
Global Pathology Devices Market Share Analysis, By Application
Global Pathology Devices Market Growth Analysis, By Application
Global Pathology Devices Market Trends, By Application
o Drug Discovery and Development
o Disease Diagnostics
o Forensic Diagnostics
o Other Applications
7. Global Pathology Devices Market Segmentation, By End-User
Global Pathology Devices Market Share Analysis, By End-User
Global Pathology Devices Market Growth Analysis, By End-User
Global Pathology Devices Market Trends, By End-User
o Pharmaceutical Companies
o Hospitals and Diagnostic Laboratories
o Other End-Users
8. Global Pathology Devices Market Segmentation, By Region
Global Pathology Devices Market Share Analysis, By Region
Global Pathology Devices Market Growth Analysis, By Region
Global Pathology Devices Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Abbott Laboratories*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Becton, Dickinson and Company
Bio-Rad Laboratories
Beckman Coulter Inc.
Definiens
Hamamatsu Photonics
Mikroscan Technologies
Ortho-Clinical Diagnostics
F. Hoffmann-La Roche AG
Thermo Fisher Scientific
*Similar analysis will be provided for each company listed above.