Technological advancements in laboratory infrastructure and surging demand for laboratory automation solutions is bolstering market growth
Market Size – USD 3.49 billion in 2020, Market Growth – at a CAGR of 11.2%, Market Trends – Surging focus on pathology automation
The global slide stainers market size is expected to reach USD 8.02 billion by 2028 and register a robust CAGR of 11.2% over the forecast period, according to the latest report by Reports and Data. Steady market revenue growth is majorly attributed to rising demand for advanced equipment in clinical research and diagnostic laboratories, increasing adoption of automated slide stainers, and technological advancements in laboratory instruments used in pathologies. Some other factors include growing emphasis on automation of pathological procedures, urgent need for improved laboratory efficiency and precise results, rising adoption of advanced diagnostic software, and increasing government spending on research & development activities in the pharmaceutical and biotechnology sectors. Rapidly increasing geriatric population worldwide, increasing healthcare burden driven by rising prevalence of acute and chronic diseases, and surging healthcare expenditure are other factors expected to continue to support global market growth going ahead.
Slide strainers are devices used to automate the staining process of prepared cytology or histology tissue specimens. These devices diffuse dyes into the specimens through direct staining, indirect staining, mordant staining, or surface adsorption processes. The process of staining plays a vital role in the microscopic study of biological samples as it highlights connective tissue, muscle fibers, and cell populations and organelles. Slide strainers are widely used in cytopathology, histopathology, and hematology and help quantify specific compounds present in biological samples. Increasing adoption of automated slide stainers for automation of the staining process is a significant factor propelling market growth. These devices automate the staining process of hematologic smears, thereby automatically adjusting sample thickness and color intensity. One of the main advantages of automated slide stainers is that more than one staining process can be conducted at a time.
Leading companies operating in the market and profiled in the report include:
Hoffmann-La Roche Ltd., Thermo Fisher Scientific, Danaher Corporation, BioGenex, Agilent Technologies, Inc., Merck Group, Biocare Medical, Sakura, Hardy Diagnostics, and General Data Company.
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The pharma & healthcare sectors has been rapidly growing over the last few decades. Technological advancements in healthcare sector, emergence of various diseases, COVID-19 outbreak are key factors boosting global market revenue growth. The global slide stainers market is expected to reach USD XX Billion in 2028 from USD XX Billion in 2020 at a CAGR of XX%. Growing need to develop new drugs and medical devices to cater to emerging diseases, high investments in research and development activities, and improvements in healthcare infrastructure and facilities is expected to fuel global market growth over the forecast period. In addition, adoption of AI in various healthcare application, funding from various private and public organizations to boost research activities in pharmaceutical and biotechnology sector and vaccine production during the current pandemic situation is also expected to boost market growth.
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Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.
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Global slide stainers Market Segmentation:
By Product Type (Revenue, USD Billion; 2018-2028)
By Technology (Revenue, USD Billion; 2018-2028)
By End-use (Revenue, USD Billion; 2018-2028)
The global slide stainers market is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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