Product ID: SQMIG35H2161
Report ID:
SQMIG35H2161 |
Region:
Global |
Published Date: April, 2024
Pages:
242
|
Tables:
94 |
Figures:
76
Tissue Diagnostics Market size was valued at USD 4.97 billion in 2019 and is poised to grow from USD 5.3 billion in 2023 to USD 9.42 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).
With an increasing number of cancer cases across the globe, the tissue diagnostics market has witnessed a high demand along with lucrative growth opportunities in the near future. In addition, rising adoption of automated tissue-based diagnostic systems by various research institutes enables them to perform a faster and advanced diagnosis of tumors. For instance, in September 2019, West Clinic Center partnered with F. Hoffmann-La Roche Ltd. To improve caring system of patient by using Roche’s BenchMark ULTRA Automated Advanced Staining System.
According to a report of Worldwide Office for Exploration on Cancer (IARC), by 2031, the worldwide weight is relied upon to treatment to 21.7 million new disease cases and about 13 million new cancer cases growth, because of the development and maturing of the population, aside from different components such as poor diet, smoking, and fewer childbirths. The rapid increase in the number of diseases is expected to boost the growth of the global tissue diagnostics market.
Furthermore, a rise in the focus of major market players to develop advanced tissue-diagnostic based and companion diagnostic tests is likely to be the major driving factor of the global tissue diagnostics market during the forecast period. For instance, in May 2022, Leica Biosystems launched its BOND-PRIME, an advanced staining solution for the expansion of diagnostic productivity in laboratories. This new system enables lab technician to load any slides in any combination, and with any reagent, at any time.
US Tissue Diagnostics Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONTissue Diagnostics Market size was valued at USD 4.97 billion in 2019 and is poised to grow from USD 5.3 billion in 2023 to USD 9.42 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).
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Product ID: SQMIG35H2161