Tissue Diagnostics Market to Grow at 6.9% CAGR and Projected to Reach US$ 5.14 Billion by 2022, Driven by Immunohistochemistry and Lymphoma

Study papers on tissue diagnostics market research data, current market size, & forecast of future trends will help key tissue diagnostics market players & new entrants to make necessary decisions regarding product offerings, geographic focus, change in strategic approach.

Report analyses tissue diagnostics market by product, technology, disease, end user, & region. Apart from a comprehensive geographic product analysis and market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.

More Information on Tissue Diagnostics Market spread across 160 Pages, Profiling 13 Companies and Supported with 96 Tables and 40 Figures is now available at http://www.marketreportshub.com/inquire-before-buying?rpid=1904 .

Tissue diagnostics market is expected to reach USD 5.14 billion by 2022 from USD 3.68 billion in 2017, at a CAGR of 6.9%. Factors driving growth of this market include rising incidence of cancer, growing healthcare expenditure, improving infrastructure for cancer diagnosis, & technological advancements in tissue diagnostics.

The tissue diagnostics market size was used in top-down approach to estimate sizes of other individual submarkets (mentioned in market segmentation by product, technology, disease, end user, & region) through percentage splits from secondary & primary research. Bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate market segment revenues obtained.

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The tissue diagnostics market is segmented into hospitals, pharmaceutical companies, research laboratories, contract research organizations, and other end users. Research laboratories segment is expected to remain fastest-growing segment of tissue diagnostics market during forecast period. Factors like rising number of cancer drug trials & growing research activities to design novel biomarkers for tissue diagnosis are driving growth of this segment.

Target Audience for this Report:
• Manufacturers and vendors of tissue diagnostics equipment
• Research associations related to tissue diagnostics
• Pathologists and pathology laboratories
• Various research and consulting firms
• Distributors of tissue diagnostics equipment
• Contract research manufacturers of tissue diagnostics equipment
• Government bodies
• Tissue diagnostics database and software providers
• Venture capitalists

Geographically, the tissue diagnostics market is dominated by North America, followed by Europe in 2017, however, Asia is estimated to grow at the fastest rate during the forecast period. Growth in this region can be attributed to developing healthcare infrastructure, rising burden of cancer, and increasing initiatives to promote the use of novel technologies for tissue diagnostics in Asian countries.

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Overall tissue diagnostics market size was used in top-down approach to estimate the sizes of other individual submarkets (mentioned in market segmentation by product, technology, disease, end user, and region) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.

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