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Oct 5, 2020 1:00 AM ET

Global Pathological Examination Market Set for Rapid Growth, to reach Value USD 432.9 billion by 2025

iCrowd Newswire - Oct 5, 2020

Zion Market Research has published a new report titled “Pathological Examination Market by Type (Digital Pathology and Traditional Pathology) and Type (Digestive Organs and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025” According to the report, global demand for pathological examination market was valued at approximately USD 189.9 billion in 2018, and is expected to generate revenue of around USD 432.9 billion by end of 2025, growing at a CAGR of around 12.6% between 2019 and 2025.

Pathology principally deals with reason, source and nature of illness. It includes the inspection of tissues, organs, bodily fluids, and autopsies in order to learn about and detect disease. The modern process of pathology is distributed into several sub disciplines within the separate but deeply interrelated aims of biological investigation and medicinal practice.

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Factors such as increasing occurrence of chronic ailments, growing healthcare expenditure, and increasing awareness will act as major driving factors in the growth of global pathological examination market. Technological improvements in the field of pathological examination and growing awareness will present an opportunity for the market players in the pathological examination market. Nonetheless, high cost of pathological examination, lack of skilled professionals, and high initial investment will restrict the growth of global pathological examination market.

The global pathological examination market has been split into type, and application. Based on type, pathological examination market has been segmented into digital pathology and traditional pathology. The traditional pathology segment accounted for the highest market share in 2018 owing to high use of traditional pathological examinations. The application segment has been divided into Digestive organs and others.

Regionally, the thoracic drainage devices market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa North America will be foremost region through the forecast time. U.S. will be the leading country in the North America region owing to presence of latest healthcare infrastructure and growing preference of early diagnosis. Europe is likely to be the succeeding key market. The crucial reasons are presence of skilled medical professionals and efforts taken by government. Asia Pacific will develop at the highest growth rate owing to high incidence of chronic disorders and increasing per capita healthcare expenditure. Latin America region will propagate at a noteworthy rate through the assessment time. Middle East & Africa will show positive advancement in the projected time-frame.

The report also includes detailed profiles of key players such as Abbott Pathology, Healio, F. Hoffmann-La Roche Ltd, Agilient Technologies, Siemens Healthcare Private Limited, Quest Digital Pathology, and Trinity Biotech among others.

This report segments the Global Pathological Examination Market as follows:

Global Pathological Examination Market: By Type

Global Pathological Examination Market: By Application

Global Pathological Examination Market: By Region

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Keywords:    Pathological Examination Market

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