Europe Histopathology Services Market to Garner $12.92 Billion by 2031
Allied Market Research
5 min read
Allied Market Research
Rise in number of diagnostic testing, increase in demand for personalized medicine, surge in prevalence of genetic disease have boosted the growth of the Europe histopathology services market. The market across Germany held the lion’s share in 2021, accounting for more than one-fifth of the market. The number of elective treatments reduced during the pandemic and government imposed restriction to maintain social distancing among laboratory personnel.
Portland, OR, Nov. 07, 2022 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the Europe Histopathology Services Market generated $6.88 billion in 2021, and is expected to reach $12.92 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031. The report provides an in-depth analysis of top segments, changing market trends, value chains, key investment pockets, competitive scenarios, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
Initiatives taken by government for development of the diagnostic
Covid-19 scenario:
The Covid-19 pandemic had a negative impact on the market. The number of elective treatments reduced during the pandemic and government-imposed restriction to maintain social distancing among laboratory personnel.
To curb the spread of the Covid-19 virus, unnecessary surgical treatments were postponed and pathology centers were closed, which hampered the market growth.
The report segments the Europe histopathology services market on the basis of type of examination and region.
Based on type of examination, the surgical specimen segment held the largest share in 2021, accounting for more than one-third of the market. However, the liver biopsy segment is estimated to register the highest CAGR of 8.5% during the forecast period.
The Europe histopathology services market is analyzed across several regions such as Germany, France, UK, Italy, Spain, and Rest of Europe. The market across Germany held the lion’s share in 2021, accounting for more than one-fifth of the market. However, the market across UK is expected to register the highest CAGR of 8.0% from 2022 to 2031.
The Europe histopathology services market report includes an in-depth analysis of the prime market players such as Acculabs Diagnostics UK Ltd., Cellular Pathology Services Limited, Great Ormond Street Hospital (GOSH) Laboratory, HCA Laboratories UK, Laboratoire Cerba, Sonic Healthcare Limited, Spire Healthcare Group Plc. Targos Molecular Pathology GmbH, TPL Path Labs, and Unilabs Group Services.
The report analyzes these key players in the Europe histopathology services market. These players have adopted various strategies such as new product launches, expansion, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
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