Global Pathology Consumables Market 2018-2022

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Overview of the pathology consumables market

Technavio’s market research analysts predict that the market will witness steady growth during the next few years and register a CAGR of almost 7%. The emergence of improved medicines has resulted a shift in the cause of death from common illness to chronic diseases such as arthritis, high cholesterol, hypertension, and diabetes. Additionally, the incidence of disability has also decreased. This in turn, is improving the expectancy or longevity of elderly population. Technavio’s market research report identifies that the growing elderly population will be one of the primary growth drivers for increasing the global pathology consumables market size till 2022. The rising elderly population is driving the expenditure on healthcare for treatment, disease diagnosis, and health check-ups. As a result, they require pathology testing on a regular basis as they have low immunity and metabolism.

Several vendors are increasingly focusing on enhancing their product awareness, project brand image, and product reach by using digital media such as YouTube channels and Twitter. For instance, since 2013, Thermo Fisher Scientific has uploaded multiple videos on its YouTube channel and garnered significant views. They attract end-users through these media digital platforms by highlighting their relevance through detailed infographics and informative videos. Such increasing activities of product promotion will be one of the key trends that will propell the pathology consumables market value in the forthcoming years.

Companies covered

The market is characterized by the presence of a large number of companies and is quite competitive with all the companies constantly focusing on improving their market positions. By providing an analysis of the companies in this market and offering information on the strategies they follow, this report will help clients sustain the market’s competitive environment. Additionally, the report also offers information about various R&D activities the players are focusing on to introduce innovative solutions, that will help them improve their market positions.

This research report provides an analysis of various companies in the pathology equipment market including

• Agilent Technologies
• Cardinal Health
• Danaher
• PerkinElmer
• Thermo Fisher Scientific

Segmentation by application and analysis of the pathology consumables market

• Diagnostics
• Drug discovery
• Forensic science

The diagnostics segment contributed the majority of shares toward the pathology consumables market during 2017. The pathology equipment market is expected to witness growth in this segment throughout the projected period.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global pathology consumables market?
• What are the key market trends impacting the growth of the global pathology consumables market?
• What are the challenges to market growth?
• Who are the key vendors in the global pathology consumables market?
• What are the market opportunities and threats faced by the vendors in the global pathology consumables market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global pathology consumables market?

Technavio also offers customization on reports based on specific client requirement.

This research report on the global pathology consumables market will offer clients detailed information about factors that will drive the market’s growth prospects during the period 2018-2022. Referring to information from a constantly updated database and by collecting information from various reliable resources, Technavio’s market research analysts have provided an in-depth analysis of the growth of the global pathology consumables market. Additionally, the report offers information on the upcoming trends that will offer manufacturers in the market immense growth opportunities and also provides details on factors that will challenge the growth of the players in the pathology consumables market during the next few years.

With extensive information about the growth of various markets in the lab equipment sector, Technavio’s market research analysts provide a detailed analysis of the competitive landscape of the pathology consumables market. In addition to providing information on the changing consumer preference, this market research report will also provide details about key areas various companies are focusing on. This will help our clients in the market design unique growth strategies, which in turn, will help in improving their market positions and increasing revenue share.

Key highlights of our pathology consumables market research report:

• Extensive market definition of the pathology consumables market
• Analysis by multiple marketing tools such as Porter’s five forces model
• Detail characterization of the parent market
• Predictions of the market based on industry lifecycle, market innovation, M&A activities
• In-depth intelligence on the changing competitive scenario and a detailed vendor analysis

Technavio also offers customization on reports based on specific client requirement