Global Anatomic Pathology Market Size, Share, Trends & Growth Analysis Report – Segmented By Product, End-User, Application and Region - Industry Forecast (2024 to 2032)

Updated On: June, 2024
ID: 3205
Pages: 178

Global Anatomic Pathology Market Size (2024 to 2032)

As per our report, the global anatomic pathology market is predicted to reach USD 37.51 billion by 2032  from USD 23.21 billion in 2024. The market is forecasted to grow at a CAGR of 6.16% during the forecast period. The use of anatomic pathology with biomarkers in diagnosing cancer is hugely impacting the market's growth rate positively.

Reaching US$ 37.51 Bn by 2032, the anatomic pathology market is on track for significant growth

Current Scenario of the Anatomic Pathology Market

The anatomic pathology market has grown tremendously in recent times due to the adoption of artificial intelligence tools and technological advances. For instance, in November 2023, an end-to-end AI-based Digital Pathology solution was introduced by Ibex and Dedalus for cancer patients. So, anatomical pathology for diagnostic accuracy is fuelled by AI-powered instruments. Also, with the advent of artificial intelligence, the healthcare industry is one of the rapid adopters of this for improving the efficacy of diagnosis, treatment, and patient results. Similarly, to provide the pathology team with better diagnostic precision and build further effective treatment strategies the Anatomical Pathology Laboratory at Sheikh Shakhbout Medical City are using AI technology. It is an advanced center in UAE. The healthcare industry in the Middle East is swiftly investing in generative AI. Likewise, the world’s biggest AI-powered biotechnology research centre was opened in Abu Dhabi in 2023 by Insilico Medicine for drug discovery. In past 1 or 2 years few studies or research paper have also been published regarding the application of chatbot systems in Routine Diagnostic Pathology.

However, there are challenges which are derailing the expansion of the anatomical pathology market. And one of them is the shortage of workforce and handling antimicrobial immunity. Take the example of the United Kingdom where antimicrobial resistance is a serious risk. For this the Three-Year Strategic Plan 2023–2026 of the UK Health Security Agency (UKHSA) has stated the necessity of strong monitoring, immediate diagnosis and great antimicrobial stewardship (AMS). Furthermore, apart from their laboratory responsibilities, virologists and medical microbiologists are accepting additional patient-facing jobs. Hence, this has created the need for prompt emphasis on some pathology reconfiguration, higher healthcare and biomedical staff with mixed skills and newer diagnostics.

MARKET DRIVERS

The rising aging population worldwide and increasing incidences of chronic diseases due to changes in food habits and lifestyle are primarily accelerating the global anatomic pathology market.

Y-O-Y demand to improve the diagnostic procedures in clinical centers, increasing concern towards health and priority for early diagnosis and a rise in disposable income in urban areas are expected to boost the market’s growth rate. The growing adoption of the latest technologies and the launch of innovative techniques in the medical sector are estimated to favor the anatomic pathology market growth. In addition, the growing prevalence of effective treatment procedures and the promotion of the patient's well-being after surgeries create opportunities for the anatomic pathology market. Increasing investments in hospital construction by the government are likely to bolster the anatomic pathology market.

MARKET RESTRAINTS

The shortage of skilled professionals to examine tissues and cells accurately in anatomic pathology in some countries is hampering the growth rate of the worldwide market.

The high cost associated with diagnostic tests for anatomic pathology is another key factor hindering market growth. Unfavourable reimbursement policies for anatomic pathology tests in some countries are impeding market growth. The slow adoption of new technologies and stringent regulatory environment for anatomic pathology are further impacting the market growth negatively. Limited access to technological advancements in underdeveloped and developing countries, changing healthcare policies, and ethical and legal issues related to patient privacy and consent are limiting the growth rate of the market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

Segments Covered

By Product Type, End-User, Application, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter's Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Market Leader Profiled

F. Hoffmann-La Roche AG, NeoGenomics Laboratories Inc., Laboratory Corporation of America Holdings

 

SEGMENTAL ANALYSIS

Global Anatomic Pathology Market Analysis By Product

The instruments segment led the anatomic pathology market in 2023. Changes in lifestyles and food habits, a rise in the incidences of various health disorders, and growing expenditure on healthcare are majorly elevating the growth of the anatomic pathology market. In addition, in the medical sector, there is a growing need to improve diagnostic procedures and analyze the issue with a clear vision to promote effective treatment for the patient, significantly influencing the market growth.     

Health disorders on the rise, along with increased healthcare spending, are playing a major role in boosting the growth of the anatomic pathology market.

Global Anatomic Pathology Market Analysis By End-User

The diagnostics lab segment dominated the anatomic pathology market in 2023. Increasing support from private and public organizations in healthcare centers is accelerating the market's demand. Growing awareness of the availability of various diagnostic procedures for many health disorders is likely to outshine the market's growth. In addition, the rise in the number of research institutes in the medical sector is lavishing the development of the anatomic pathology market.

Global Anatomic Pathology Market Analysis By Application

The lymphoma segment led a significant share of the anatomic pathology market owing to the growing adoption of the latest technology in diagnosing and treating the disease. Increasing disposable income, especially in urban areas, and the growing tendency to launch innovative devices in favor of the end-users are ascribed to bolstering the growth of the anatomic pathology market. The rise in revenue in developed and developing countries also magnifies the significant growth rate of the anatomic pathology market.

REGIONAL ANALYSIS

North America accounted for the leading share of the global market in 2021. The rise in awareness of diagnostic procedures is driving the growth of the anatomic pathology market in North America. Besides, the growing number of research institutes to improve performance boosts the market's demand. As a result, the U.S. is expected to account for most of the share in the North American market during the forecast period.

The increasing awareness about diagnostic methods is fueling the expansion of the anatomic pathology market in North America.

APAC was right behind the North American market in accounting for the leading share worldwide in 2023 and is predicted to register the fastest CAGR during the forecast period. The growing geriatric population is one factor outshining the business's demand. Also, increasing hospitals' construction with the latest equipment is broadening the growth of the anatomic pathology market.

Europe witnessed the fastest growth rate in the past few years and is expected to have a significant growth rate in the coming years. Furthermore, acceptance of the latest technologies and implementation of new devices at a high success rate are escalating European market demand.

Latin America is forecasted to grow at a CAGR of 6.93% from 2024 to 2032.

The market in the Middle East and Africa is expected to have slight variations in the growth rate.

KEY PLAYERS IN THE GLOBAL ANATOMIC PATHOLOGY MARKET

Noteworthy companies in the global anatomic pathology market profiled in this report are F. Hoffmann-La Roche AG, NeoGenomics Laboratories Inc., Laboratory Corporation of America Holdings, Thermo Fisher Scientific, Quest Diagnostics Incorporated, Agilent Technologies, Danaher Corporation, Sakura Fine Technical Co. Ltd., Metropolis, and BISWorld's Pathology Services.

RECENT HAPPENINGS IN THE MARKET

  • Roche Company completed the acquisition of Spark Therapeutics in 2019.

  • Sarepta Therapeutics Company collaborated with Roche in Dec 2019. As a result, Roche has signed an agreement to use investigation gene therapy outside the US, developed by Sarepta.

DETAILED SEGMENTATION OF THE GLOBAL ANATOMIC PATHOLOGY MARKET INCLUDED IN THIS REPORT

This research report has segmented and sub-segmented the global haemophilia management market based on the type, drug, and region.

By Product

  • Instruments
  • Accessories

By End-User

  • Diagnostics Lab
  • Physicians' Office Lab
  • Hospitals

By Application

  • Lymphoma
  • Breast
  • Lung
  • Cervical
  • Colorectal
  • Prostate

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

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Frequently Asked Questions

Which geographical region is dominating the anatomic pathology market?

Geographically, the North American anatomic pathology market accounted for the largest share of the global market in 2023.

What is the growth rate of the global anatomic pathology market?

The global anatomic pathology market is estimated to grow at a CAGR of 6.16% from 2024 to 2032.

Which are the key players operating in the anatomic pathology market?

F. Hoffmann-La Roche AG, NeoGenomics Laboratories Inc., Laboratory Corporation of America Holdings, Thermo Fisher Scientific, Quest Diagnostics Incorporated, Agilent Technologies, Danaher Corporation, Sakura Fine technical Co. Ltd., Metropolis, and BISWorld's Pathology Services are some of the prominent companies operating in the global anatomic pathology market.

How much is the global anatomic pathology market going to be worth by 2032?

As per our research report, the global anatomic pathology market size is estimated to be USD 37.51 billion by 2032  from USD 23.21 billion in 2024.

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