7th October 2019 – The global histology
and cytology market is expected to reach USD 26.9 Billion by 2025.
Histology is the study of normal cells and tissue conducted using a microscope.
Histologists possess some special skills that are necessary for processing and
staining tissue samples. In short, histologists and histopathologists are two
different terms with different roles to perform.
Cytology specimens are obtained with an
objective to scrutinize tissue at a cellular level. The tissues are samples of
tissue fragments or free cells. Fine needle aspiration (FNA) is the most common
sample type wherein a very thin needle and a syringe are used to obtain small
amounts of fluid from a wound.
From the commercial perspective,
histology and cytology is used in the diagnostic and research procedure. The
market trends are determined along with manufacturer’s preference for
development of kits and reagents for several clinical applications. Product
segment for histology and cytology industry includes kits and reagents,
enzymes, stains and dyes. Kits accounted for a significant CAGR in the forecast
period due to preferred diagnostic measure for cytology. Type segment for
histology and cytology market includes cervical cancer, breast cancer and
cytology.
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Application segment for histology &
cytology industry includes cell signalling, clinical diagnosis, epigenetics and
sequencing studies and molecular diagnostic studies. Molecular diagnostic
studies accounted for a significant market share in the past and continues to
grow in the forecast period due to increase in ongoing R&D activities.
End-user segment for histology &
cytology market includes academic research institutes, diagnostic centers,
hospital and biotechnology & pharmaceutical industry. Diagnostic centers
accounted for a higher growth in the past due to rise in number. The segment is
projected to continue growing at a higher pace due to increase in number of
diagnostic tests and rise in patient pool.
Geographical segmentation for histology
and cytology industry includes North America, Latin America, Europe,
Asia-Pacific, Middle East and Africa. North America accounts for a dominant
position in the global market due to improved healthcare infrastructure, rise
in cancer incidences and increase in government spending. Asia-Pacific’s market
witnesses a higher growth in the forecast period due to economic development
and rise in number of multi-specialty hospitals. Rise in foreign investments is
another factor responsible for the market growth during the forecast period.
The key players in the histology and
cytology market include Abbott Laboratories, Becton, Dickinson and Company,
Hologic Inc, Life Technologies Corporation, Thermo Fisher Scientific and
Trivitron Healthcare.
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