January 07, 2021
According to a recent study ‘Global Anatomic Pathology Trace and Track Solutions Market Analysis, 2020’, available with Market Study Report LLC, global anatomic pathology trace and track solutions market is projected to register a y-o-y growth rate of 10% over 2020-2025.
As per the report findings, global anatomic pathology trace and track solutions industry is largely driven by rising burden of chronic diseases and growing necessity of automated labeling systems to reduce specimen identification errors and enhance efficiency of laboratories.
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Based on product terrain, global anatomic pathology trace and track solutions market is categorized into consumable, software, and hardware. Of these, consumable segment held majority industry share in 2019 due to recurrent use of consumables such as specimen containers, RFID tags and labels.
Speaking of the application spectrum, global anatomic pathology trace and track solutions market is categorized into from slide tracking segment will continue to showcase strong growth trends in the upcoming years.
Under the technology segment, RIFD segment secure majority of the industry share in 2019 and will likely record strong growth over the forecast duration, as this technology is increasingly being adopted by chain pathology labs due to its higher reader throughput.
On the geographical front, North America accounted for majority of the overall anatomic pathology trace and track solution market share in 2019 in view of presence of large patient base suffering from chronic conditions and advanced healthcare infrastructure in the region.
On the other hand, Asia-Pacific market is recording strong growth with emerging economies India and China as the key contributors. Surging medical expenditure, rising income levels, and improving healthcare infrastructure are contributing to the regional market expansion.
Leading players in global anatomic pathology trace and track solutions market sphere are Ligo Lab, AP Easy Software Solutions, Leica Biosystems Nussloch GmbH, Ventana Medical Systems, Inc., Zebra Technologies Corp., General Data Healthcare, Inc., Primera Technology, Inc., Agilent Technologies, Inc., Cerebrum Corp., and Thermo Fisher Scientific, Inc.