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Anatomic Pathology Market Growth Accelerated By Increasing Prevalence Of Cancer

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Dhanesha Patil
Anatomic Pathology Market Growth Accelerated By Increasing Prevalence Of Cancer

Anatomic pathology involves the examination of organs and tissues removed from the body or obtained by biopsy for diagnostic purposes. Anatomic pathology services play a vital role in the diagnosis and treatment of various chronic and life-threatening diseases such as cancer. The growing prevalence of cancer and rising number of surgical procedures is expected to drive the demand for anatomic pathology services. The global Anatomic Pathology Market is estimated to be valued at US$ 30.16 Bn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:

The increasing demand for anatomic pathology services can be attributed to the rising prevalence of cancer globally. According to World Health Organization (WHO), cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020 or nearly one in six deaths. The number of new cancer cases is projected to rise to 29.5 million by 2040. With the growing cancer patient pool, the need for anatomic pathology services for accurate diagnosis is also increasing. Furthermore, advancements in diagnostic techniques such as immunohistochemistry (IHC) and in situ hybridization (ISH) have improved the accuracy of cancer diagnosis, thereby further accelerating the demand for anatomic pathology services.

Segment Analysis

The anatomic pathology market can be segmented into instruments, consumables, and services. The consumables segment dominated the market in 2024 with the largest share and is expected to maintain its dominance during the forecast period. High consumption of reagents and antibodies for tissue processing, slide preparation, and disease diagnosis applications is a key factor driving the segment's growth.


Key Takeaways


The Global Anatomic Pathology Market Growth is expected to witness high during the forecast period of 2023 to 2030. The market is projected to reach a value of US$ 49 Bn by 2030 expanding at a CAGR of 15%.


Regional analysis: North America dominated the anatomic pathology market in 2024 with the highest share, accounting for more than 35% of global market revenue. High prevalence of cancer and increasing adoption of advanced diagnostic methods are major factors contributing to the region's large market share. The Asia Pacific region is expected to witness the fastest growth over the forecast period owing to rising healthcare expenditure, improving healthcare infrastructure, and growing medical tourism industry in countries such as China and India.


Key players: Key players operating in the anatomic pathology market are American Art Therapy Association, Art Therapy Without Borders, Art With Impact, Canadian Art Therapy Association, Creative Growth Art Center, Expressive Media, International Expressive Arts Therapy Association, Luna Children's Charity, Montage Arts Therapy, and the National Institute for Trauma and Loss in Children. American Art Therapy Association is one of the leading players dominating the market.

Get more insights on this topic: https://www.trendingwebwire.com/anatomic-pathology-market-size-and-share-analysis-growth-trends-and-forecasts/

Explore more information on this topic, Please visit: https://masstamilan.in/pulse-precision-navigating-the-future-through-the-intricacies-of-distributed-fiber/



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Dhanesha Patil
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