The slide stainer market size has the potential to grow by USD 1.63 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in the year-over-year growth.
This report provides a detailed analysis of the market by end-user (hospitals and diagnostic laboratories, pharmaceutical and biotechnology companies, and research and academic institutes) and geography (Asia, Europe, North America, and ROW).
Slide Stainer Market Size
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Who are the Major Slide Stainer Market Vendors?
This slide stainer market analysis report provides information on the production, sustainability, and prospects of several leading slide stainer companies, including:
- Agilent Technologies Inc.
- bioMérieux SA
- Cardinal Health Inc.
- Danaher Corp.
- F. Hoffmann-La Roche Ltd.
- General Data Co. Inc.
- Merck KGaA
- Sakura Finetek Japan Co. Ltd.
- Siemens AG
- Thermo Fisher Scientific Inc.
The market is currently concentrated, and the degree of concentration will remain the same during the forecast period. Vendors are continuously upgrading their products to stay competitive in the market. Established vendors are adopting inorganic growth strategies such as mergers and acquisitions to expand their market reach. This slide stainer market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.
Although the accelerating growth momentum will offer immense business opportunities, the downtime associated with automated slide stainers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Which are the Key Markets for Slide Stainer?
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The rising demand for slide strainers in disease diagnosis and cancer research in North America has been contributing to the growth of the market in the region. Moreover, the growing demand for efficient downtime management has prompted vendors to concentrate on establishing efficient supply chains in the regional market. Also, the increasing prevalence of cancer is expected to contribute to the slide stainer market size growth in North America.
Over 42% of the market’s growth will originate from North America during the forecast period. The region is witnessing increasing adoption of automated instruments such as automated and semiautomated slide stainers by hospitals and diagnostic laboratories to reduce workload. This will subsequently drive the demand for automated instruments, fueling slide stainer market size growth. The US and Canada are the key markets for slide stainer in North America. Market growth in this region will be faster than the growth of the market in Europe and ROW.
What are the Major End-user Segments in the Slide Stainer Market?
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Hospitals and diagnostic laboratories account for the largest slide stainer market share in the end-user segment. The demand for slider strainers is significantly increasing from hospitals and diagnostic laboratories to perform slide straining procedures in disease diagnostic applications. Also, the demand for automated instruments among hospitals and diagnostic laboratories is increasing due to the rising burden and lack of skilled professionals. These factors will increase the use of slide stainers in the hospital and diagnostic laboratories sector.
An in-depth scenario-based approach was followed in this slide stainer market research report to identify the direct and indirect impact of COVID-19 on market growth. Buy the full market research report to gain actionable insights on the influence of COVID-19 on slide stainer market segments.
What are the Key Slide Stainer Market Drivers and Trends?
Pharmaceutical and biotechnology companies significantly use slide stainers for the preparation of quality control slides. Pharmaceutical and biotechnology companies operate in a highly regulated market. Therefore, the demand for developing standardized and rapid workflows has increased among these companies to meet the regulatory and quality standards. As a result, pharmaceutical and biotechnology companies are adopting automated slide stainers to reduce manual interactions and errors, which help in reducing standardization and validation pressure on in-house laboratories. Therefore, the rising adoption of automated slide stainers to ensure a streamlined workflow will positively influence the slide stainer market size growth over the forecast period.
- Growing advances in automated slide stainers is one of the key slide stainer market trends.
- Vendors are upgrading automated slide stainers to meet specific requirements in varying laboratory applications.
- Slide strainers with automated cleaning cycle and high-throughput capabilities can be processed in about 4-5 minutes.
- Both batch type staining and stain spraying can be performed in automated slide strainers.
- Vendors are manufacturing compact slide strainers with built-in design features.
- During 2020-2024, the market will grow at a CAGR of about 9%.
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Key Highlights of the Slide Stainer Market Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will accelerate the growth of the slide stainer market during the next five years
- Precise estimation of the global slide stainer market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the slide stainer industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of slide stainer vendors
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