Global Anatomic Pathology Market Report and Forecast 2024-2032

Anatomic Pathology Market Size

The global anatomic pathology market was valued at USD 19.12 billion in 2023, driven by the increasing burden of chronic disease and the rising adoption of digital pathology. The market is expected to grow at a CAGR of 5.9% during the forecast period of 2024-2032.

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Anatomic Pathology Market Outlook

• The rising incidence of cancer and other chronic diseases is fuelling the demand for anatomic pathology services.

• The growth in strategic partnerships among the key market players and heightened awareness about the importance of early diagnosis and preventive healthcare are major trends poised to elevate the market growth in the forecast period.

• The market value is impacted by the rising adoption of digital pathology, the expansion of diagnostic services in emerging markets, and increased focus on cancer diagnostics.

Anatomic Pathology Market Overview

Anatomic pathologies rely on the examination of tissues and organs to diagnose a disease. It involves gross and microscopic analysis of biopsies and surgical specimens to find abnormalities in the tissues that can help guide treatment plans. The market is driven by the increasing incidence of cancer and other chronic diseases. The rising advancements in diagnostic tools and techniques are resulting in improved diagnostic accuracy and reduced turnaround times, which is poised to elevate the market value. Further, increasing healthcare expenditure heightened awareness about early diagnosis and preventive healthcare, and a shift towards digital pathology are some of the factors poised to influence the market landscape.

Anatomic Pathology Market Growth Drivers

Increasing Prevalence of Cancer Drives Market Growth

Recent data reveals that the United States is projected to witness 2,001,140 new cancer cases and 611,720 cancer deaths in 2024. Further, according to the World Health Organisation (WHO), more than 35 million new cancer cases are projected to occur in 2050, which accounts for a 77% increase from the estimated cancer cases in 2022 (20 million). Thus, the rising incidence of cancer is likely to fuel the demand for anatomic pathology services, which will ultimately impact the market growth. Besides cancer, the increasing prevalence of chronic diseases like cardiovascular disorders and diabetes, which require pathological evaluations, is anticipated to boost the market size.

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Anatomic Pathology Market Trends

The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:

Expansion of Diagnostic Services Set to Boost Market Size

There is significant growth in healthcare infrastructure and diagnostic services, including anatomic pathology, which is set to increase the market size. In emerging markets such as Latin America and the Middle East, substantial investments in the healthcare sector are leading to the establishment of new hospitals, diagnostic centers, and pathology laboratories. This expansion of diagnostic services is projected to aid the market growth.

Growth in Strategic Partnerships is Likely to Elevate Anatomic Pathology Market Value

In April 2024, PathAI (a leading laboratory services company) partnered with Google Cloud to boost the capabilities of its artificial intelligence-based image management solution (AISight) that is utilized in anatomic pathology laboratories. Under this agreement, the company will provide access to its image management system AISight on the Google Cloud infrastructure, allowing the scientists to perform biomarker quantification and also process enormous amount of data for large-scale biomarker discovery. Such strategic partnerships are likely to transform the operations of anatomic pathology laboratories and also elevate the market value in the forecast period.

Rising Awareness about Early Diagnosis to Impact Anatomic Pathology Market Landscape

The growing awareness regarding the importance of early diagnosis and preventive healthcare is positively influencing the demand for anatomic pathology services. This trend is supported by public health campaigns and educational programs that encourage people to take early medical consultations and screenings. This heightened healthcare awareness is set to impact the market landscape positively.

Shift towards Digitization is Expected to Fuel Anatomic Pathology Market Demand

One of the major market trends is the rising adoption of digital pathology which helps in improving diagnostic accuracy, reducing turnaround times, and increasing workflow efficiency. In digital pathology, glass slides are converted into digital images for easier analysis of the sample as well as for better storage and sharing. Thus, the shift towards digitization is expected to bolster the market demand.

Anatomic Pathology Market Segmentation

Market Breakup by Product Type

• Instruments

• Consumables

• Reagents

• Software

Market Breakup by Technology

• Histology

• Cytology

• Molecular Pathology

• Others

Market Breakup by Application

• Disease Diagnosis

• Drug Development

• Research

• Others

Market Breakup by End User

• Hospitals

• Diagnostic Laboratories

• Academic and Research Institutions

• Pharmaceutical and Biotechnology Companies

• Forensic Labs

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Anatomic Pathology Market Share

Market Segmentation Based on Technology is Poised to Witness Substantial Growth

Based on the technology, the market is segmented into histology, cytology, and molecular pathology, among others. The histology segment represents a significant market share, owing to its ability to diagnose a wide range of diseases, including cancers, inflammatory conditions, and degenerative disorders. In histology, tissue samples are analyzed under the microscope to diagnose diseases. The accuracy of histological examination is rising as a result of advances in staining techniques, imaging technologies, and automated systems, which further drive the demand for this technology in the market.

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Anatomic Pathology Market Analysis by Region

North America holds a significant share of the market which can be attributed to the high incidence of cancer and other chronic diseases. This burden of chronic conditions in the region drives the demand for anatomic pathology services for accurate diagnosis and treatment planning. Further, the presence of major companies in the region along with the favorable regulatory frameworks also supports the market expansion. Europe also holds a high market value, owing to the high demand for diagnostic services for age-related diseases. In addition, increased investment in healthcare infrastructure and cancer screening programs by the European governments also aid the market growth.

Leading Players in the Anatomic Pathology Market

The key features of the market report comprise the patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading key players. The major companies in the market are as follows:

F. Hoffmann-La Roche Ltd

F. Hoffmann-La Roche Ltd (Roche), headquartered in Basel, Switzerland, has a strong presence in the market. Roche, known for its innovative diagnostic solutions, offers a wide range of anatomic pathology products, including advanced immunohistochemistry (IHC) and in situ hybridization (ISH) assays.

Thermo Fisher Scientific Inc.

Life science and clinical research company Thermo Fisher Scientific Inc. is a major provider of analytical instruments, equipment, reagents, and consumables for healthcare and research applications. The company also offers tissue processing systems, staining solutions, and diagnostic antibodies that are used in pathological diagnostics.

Agilent Technologies, Inc.

Agilent Technologies, Inc., based in Santa Clara, California, holds a robust portfolio of bio-analytical and electronic measurement solutions. Agilent’s Dako brand of high-quality reagents, diagnostic antibodies, and staining systems, among others, are widely used in pathology labs.

Leica Biosystems Nussloch GmbH (a Danaher Company)

Leica Biosystems Nussloch GmbH (a Danaher Company) is a leading medical technology manufacturer in Germany. The company offers advanced anatomic pathology products, including tissue processors, microtomes, automated stainers, and digital pathology systems.

Other key players in the market include VWR International, LLC, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Abbott Laboratories, Becton, Dickinson and Company (BD), and Sysmex Corporation.

Key Highlights of the Report

Key Questions Answered in the Anatomic Pathology Market Report

• What was the global anatomic pathology market value in 2023?
• What is the global anatomic pathology market forecast outlook for 2024-2032?
• What are the regional markets covered in the EMR report?
• What is market segmentation based on product type?
• What is the market breakup based on technology?
• What is the market breakup by application?
• Who are the major end users in the market?
• What are the major factors aiding the global anatomic pathology market demand? 
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints? 
• Which regional market is expected to lead the market share in the forecast period? 
• Which country is expected to experience expedited growth during the forecast period? 
• How does the prevalence of cancer and other chronic diseases affect the market landscape?
• What are the major global anatomic pathology market trends?
• How does the rise in healthcare expenditure impact the market size?
• Which product type will dominate the market share? 
• Which application is expected to have a high market value in the coming years?
• Which technology will experience the highest demand in the market segment?
• Which end user is projected to contribute to the highest market growth?
• Who are the key players involved in the anatomic pathology market?
• What is the patent landscape of the market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?