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F. Hoffmann-La Roche AG (Switzerland) was the leading player in the anatomic pathology market. The company has a wide range of products in the consumables segment. Strong business operations across all key regions, coupled with a strong brand image, make the firm a leading player in this market.

Global Anatomic Pathology Market Overview

The anatomic pathology market is projected to reach USD 49.1 billion by 2026 from USD 35.1 billion in 2021, at a CAGR of 7.0%. Anatomic Pathology is a medical field dedicated to examining tissues and cells for disease diagnosis. This testing allows for the study of organ and tissue structure and function, as well as identifying abnormalities and diseases at a cellular level. Anatomic pathology testing encompasses a range of biopsy methods, such as fine needle aspiration biopsies, core needle biopsies, and surgical biopsies. The outcomes of these tests aid in the diagnosis of a variety of illnesses, including cancer, infectious diseases, and autoimmune disorders.

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The growth of the anatomic pathology market is majorly driven by the high incidence of cancer and other target diseases, recommendations for cancer screening, availability of reimbursement, and the growing focus on personalized medicine. In addition, emerging economies such as China, India, and Brazil are expected to offer significant growth opportunities for players operating in the anatomic pathology market during the forecast period.

Key Market Players

The global anatomic pathology market for instruments and consumables is consolidated. The top five companies in this market are F. Hoffmann-La Roche AG (Switzerland), Danaher Corporation (US), PHC Holdings Corporation (Japan), Beckton, Dickson and Company (US), and Abcam plc. (UK).

F. Hoffmann-La Roche AG (Switzerland) was the leading player in the anatomic pathology market in 2020. The company has a wide range of products in the consumables segment. Strong business operations across all key regions, coupled with a strong brand image, make the firm a leading player in this market. F. Hoffman-La Roche has adopted organic business strategies such as product launches in order to maintain its leading position in the anatomic pathology market. For instance, in 2020, the company received FDA approval for its CINtec PLUS Cytology test. Similarly, in 2018, the company received CE approval for its BenchMark ULTRA Plus staining system.

Danaher Corporation (US) was the second-leading player in the anatomic pathology market in 2020. The company has a broad product portfolio in the instruments segment. Moreover, Danaher also has a strong geographic presence with its direct distribution channels across the globe. The impressive product portfolio of the firm is complemented by its client support services. Over the years, Danaher has maintained its leading position in the market through continuous innovation and the launch of advanced products. For example, in 2018, Danaher launched various clinical microtomes, such as the HistoCore BIOCUT, HistoCore MULTICUT, and HistoCoreAUTOCUT clinical microtomes.

Anatomic Pathology Market: Regional Landscape

Presence of major key players in North America region is dominating the market growth.

The global anatomic pathology market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World (RoW). North America accounted for the largest share of the anatomic pathology market. Factors such as the rising prevalence of chronic diseases, increasing healthcare expenditure, the high-quality infrastructure for hospitals and clinical laboratories, and the presence of major market players in the region are driving the growth of the anatomic pathology market in North America.

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Recent Developments in the Global Anatomic Pathology Market

• Hologic received premarket approval (PMA) from the FDA for its ThinPrep GenesisTM processor for cytology processing and specimen transfer for downstream applications.
• PHC Holding Corporation completed the acquisition of Thermo Fisher Scientific’s Anatomical Pathology business to strengthen its position in the diagnostics segment.

What are the goals of the report?

• The projected market size of the Anatomic Pathology Market industry at the end of the forecast period is presented in this market report.
• Analysis of past and present market size.
• Chart shows annual growth rate (%) and compound annual growth rate (CAGR) for each forecast period based on various indicators.
• The Research includes market overview, geographic scope, segmentation and financial performance of key competitors.
• The research assesses the current status and future growth opportunities of the industry in North America, Asia Pacific, Europe, Latin America, Middle East and Africa.

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