The increasing cases of cancer around the world and growing the need for early detection will help in the escalation of the pathological examination market to a great extent. It is anticipated that the global Pathological Examination market would accumulate voluminous revenues in the years to come. According to the World Health Organization, Cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. These data show the alarming rate of cancer worldwide. Early detection is crucial to living a cancer-free life. For early detection, a pathology examination is important. Therefore, the rising influence of pathological examination as a primary method for detecting cancer and other chronic diseases will create several growth opportunities for the Pathological Examination market during the assessment period.
Furthermore, another key factor such as advancements in the field of medical research, diagnosis, and testing increases the demand within the global Pathological Examination market. In addition, the arrival of cutting-edge technologies across diagnostic centers has given an impetus to the growth of the global Pathological Examination market. Moreover, there have been key entities involved in developing mechanisms for testing and examination of pathogens, and this factor further boosts the growth of the market. Also, the growing need for improved medical diagnostics has played an important role in propelling the growth of the Pathological Examination market.
Covid-19 Impact on Pathological Examination Market
In addition, the current Pathological Examination Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Pathological Examination Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Pathological Examination Market Segment Overview
Based on Type, Digital Pathology held the largest share in the Pathological Examination Market in 2020 and is projected to grow at a considerable rate in the forthcoming period. Digital pathology examines the digital images using a computer monitor or mobile devices and a whole slide image scanner. It works similarly to the traditional standard light microscope that allows the pathologists to move slides around the same way. It has brought advancements for pathology lab efficiency, and revenue augmentations. Additionally, the labs use computationally enabled digital pathology that is powered by artificial intelligence to help pathologists. It offers quantitative image analysis to integrate information into the lab information system. Each of these factors has a definite impact on the growth of the Digital Pathology segment during the forecast period.
Pathological Examination Market, By Type
· Traditional Pathology
· Digital Pathology
Pathological Examination Market, By Application
· Digestive Organs
· Other applications
Pathological Examination Market Regional Overview
Based on geography, North America dominated the Pathological Examination Market with a major share in 2020. This is attributed to the early diagnosis and high purchasing capacity, widespread availability of advanced technology, improved repayment strategies in this region. Furthermore, another factor such as the high adoption of pathological examination trends for diagnosis and treatment of various diseases such as cancer is also increasing the growth of the market in this region. On the other hand, Asia Pacific is projected to grow at a considerable rate in the forecast period. This is due to the development of healthcare infrastructures and growing awareness about health. Further, increasing awareness of early diagnosis is also escalating the growth of the market in this region.
Pathological Examination Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Pathological Examination Market, Key Players
· Quest Diagnostics, Inc.
· Sonic Healthcare Limited
· Spectra Laboratories
· Diagnostic Pathology Services, Inc.
· Q2 Solutions
· Histo-Scientific Research Laboratories
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Pathological Examination Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Traditional Pathology
- 5.2.2. Digital Pathology
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Digestive Organs
- 5.3.2. Other applications
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Pathological Examination Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Traditional Pathology
- 6.2.2. Digital Pathology
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Digestive Organs
- 6.3.2. Other applications
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Pathological Examination Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Traditional Pathology
- 7.2.2. Digital Pathology
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Digestive Organs
- 7.3.2. Other applications
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Pathological Examination Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Traditional Pathology
- 8.2.2. Digital Pathology
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Digestive Organs
- 8.3.2. Other applications
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Pathological Examination Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Traditional Pathology
- 9.2.2. Digital Pathology
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Digestive Organs
- 9.3.2. Other applications
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Quest Diagnostics, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Sonic Healthcare Limited
- 10.6. Spectra Laboratories
- 10.7. Diagnostic Pathology Services, Inc.
- 10.8. Q2 Solutions
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model