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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).
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This slide stainer market analysis report provides information on the production, sustainability, and prospects of several leading slide stainer companies, including:
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.
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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.
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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.
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.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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