Histopathology Services Market to Grow at a CAGR of 5.7% to reach US$ 35,187.90 Million from 2021 to 2028

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Biotechnology Histopathology Services Market
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Histopathology Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type of Examination ( Surgical Specimen, Breast Biopsy, Lung Biopsy, Renal Biopsy, Gastrointestinal Biopsy, Pancreatic Biopsy, Skin Tissue Biopsy, Testicular Biopsy, Others ); End User ( Diagnostic Laboratories & Reference Laboratories, Research Institutes, Others ), and Geography

Publication Month: Aug 2021 | Report Code: TIPRE00009649 | No. of Pages: 149 | Category: Biotechnology | Status: Published

The histopathology services market is projected to reach US$ 35,187.90 million by 2028 from US$ 23,890.44 million in 2021; it is expected to grow at a CAGR of 5.7% from 2021 to 2028.

Histopathology services are used for the microscopic examination of biological tissues in disease diagnosis. With the help of imaging techniques, biopsy tissues can be obtained from certain inaccessible sites, such as pancreas and peritoneum. Factors such as rising demand for biologics and increasing prevalence of chronic diseases are driving the growth of the histopathology services market. However, limitations associated with histopathology and immunohistochemistry are expected to restrict the market growth to a certain extent during the forecast period.

Lucrative Regions for Histopathology Services Market



Lucrative Regions for Histopathology Services Market

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Market Insights

Increasing Prevalence of Chronic Diseases

Chronic diseases such as cardiovascular disorders, neurological disorders, autoimmune disorders, and cancer are the leading cause of death and disability worldwide. As per the Centers for Disease Control and Prevention, in 2019, nearly 6 in 10 people suffered from at least one chronic disease in the US. As per the World Health Organization (WHO), CVDs are the number one cause of death globally, taking an estimated 17.9 million lives each year.

Cancer is one of the leading causes of mortality worldwide, which acts as a huge financial burden on society. According to the WHO, in 2018, ~9.6 million deaths occurred due to cancer globally. However, growing research on developing effective treatments for the disease is influencing the market growth. According to the National Health Profile, the cases of common cancers, including cervical, oral, and breast cancers, have increased by 324% in India from 2017 to 2018. Additionally, the total number of patients visiting Non-Communicable Diseases (NCD) clinics have doubled between 2017 and 2018, which is recorded to be 35 million and 66 million, respectively. Rapid change in lifestyle and consumption of alcohol and tobacco products are among the prominent factors increasing the incidences of cancer among the population.

Autoimmune diseases further contribute to a significant number of populations suffering with various type of diseases. For instance, according to the National Institutes of Health, ~23.5 million Americans suffer from autoimmune diseases, and an additional 8 million people have autoantibodies in blood molecules that indicate a person’s chance of developing autoimmune disease. The underlying cause of various autoimmune diseases is still unknown. Thus, researchers and therapists treating and exploring therapies for these diseases conduct detailed histopathological analysis to understand the mechanism of the diseases and design therapies and treatment for their management. Thus, the rising number of chronic diseases worldwide are expected to account for the growth of the histopathological services market during the forecast period.

Type of Examination -Based Insights

Based on type of examination, the histopathology services market is categorized into surgical specimen, breast biopsy, lung biopsy, renal biopsy, gastrointestinal biopsy, pancreatic biopsy, skin tissue biopsy, testicular biopsy, and others. In 2021, the surgical specimen segment held the largest share of the market and is expected to grow at the fastest rate during the forecast period.

Global Histopathology Services Market, by Type of Examination – 2021 and 2028



Global Histopathology Services Market, by Type of Examination – 2021 and 2028

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End-User-Based Insights

Based on end-user, the histopathology services market has been segmented into diagnostic laboratories and reference laboratories, research institutes, and others. In 2021, the diagnostic laboratories and reference laboratories segment held the largest share of the market and is estimated to grow at a significant CAGR during the forecast period.

Strategic Insights

Report Coverage - Histopathology Services Market
Report CoverageDetails
Market Size Value inUS$ 23,890.44 Million in 2021
Market Size Value byUS$ 35,187.90 Million by 2028
Growth rateCAGR of 5.7% from 2021-2028
Forecast Period2021-2028
Base Year2021
No. of Pages149
No. of Tables62
No. of Charts & Figures73
Historical data availableYes
Segments coveredType of Examination ; End User , and Geography
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Various companies operating in the histopathology services market are adopting strategies such as product launches, mergers and acquisitions, collaborations, product innovations, and product portfolio expansions to expand their footprint worldwide, maintain brand name, and meet the growing demand from end users.

Histopathology Services Market – by Type of Examination

  • Surgical Specimen
  • Breast Biopsy
  • Lung Biopsy
  • Renal Biopsy
  • Gastrointestinal Biopsy
  • Pancreatic Biopsy
  • Skin Tissue Biopsy
  • Testicular Biopsy
  • Others

Histopathology Services Market – by End-User

  • Diagnostic Laboratories & Reference Laboratories
  • Research Institutes
  • Others

Histopathology Services Market – by Geography

  • North America

    • US
    • Canada
    • Mexico

  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe

  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific

  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa

  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of South and Central America

Company Profiles

  • Sonic Healthcare Limited
  • Laboratory Corporation of America Holdings
  • Acculabs Diagnostics UK Ltd
  • TPL Path Labs
  • UNILABS
  • Cureline Global Translational CRO
  • Targos
  • Cellular Pathology Services,
  • Experimental Pathology Laboratories Inc (EPL)
  • CHARLES RIVER LABORATORIES, INC.            

Frequently Asked Questions

What is histopathology services?
Histopathology services are used in the examination of biological tissues for the diagnosis of diseases. The procedure includes microscopic examination of tissues. With the help of imaging techniques biopsy tissues can now be obtained from certain inaccessible sites such as pancreas and the peritoneum.
What are the driving factors for the histopathology services market across the globe?
Key factors that are driving the growth of this market include rising demand for biologics and increasing prevalence of chronic diseases.
What is the regional market scenario of histopathology services?
Global histopathology services market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. In North America, the U.S. is the largest market for histopathology services. The US is estimated to hold the largest share in the histopathology services market during the forecast period. The growth of the market can be because of prevalence of various diseases, government support for biotechnology and increasing efforts in R&D activities as well as other activities undertaken by the market players operating in the market. In addition, technological advancements in the diagnosis industry is likely to stimulate the growth of histopathology services market in North America. On the other hand, large pool of population suffering with chronic diseases, rapidly developing healthcare infrastructure, and intellectual capabilities of scientists and researchers in the Asia Pacific is expected to account for the fastest growth of the region during the coming years.
Which type of examination led the histopathology services market?
The surgical specimen segment dominated the global histopathology services market and held the largest revenue share of 48.51% in 2021.
Which end-user held the largest share in the histopathology services market?
The diagnostic laboratories and reference laboratories segment dominated the global histopathology services market and accounted for the largest revenue share of 71.74% in 2021.
Who are the key players in the histopathology services market?
The histopathology services market majorly consists of the players such Sonic Healthcare Limited, Laboratory Corporation of America Holdings, Acculabs Diagnostics UK Ltd, TPL Path Labs, UNILABS, Cureline Global Translational CRO, Targos, Cellular Pathology Services, Experimental Pathology Laboratories Inc (EPL), and CHARLES RIVER LABORATORIES, INC. among others.

The List of Companies - Histopathology Services Market

  1. Sonic Healthcare Limited
  2. Laboratory Corporation of America Holdings
  3. Acculabs Diagnostics UK Ltd
  4. TPL Path Labs
  5. UNILABS
  6. Cureline Global Translational CRO
  7. Targos
  8. Cellular Pathology Services,
  9. Experimental Pathology Laboratories Inc (EPL)
  10. CHARLES RIVER LABORATORIES, INC.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the histopathology services market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global histopathology services market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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