Market Challenges And Opportunities

Anatomic Pathology Market Drivers

Increasing demand from anatomic pathology service providers as well as from research laboratories (anatomic pathology research) is expected to drive growth of the anatomic pathology market over the forecast period.

Innovative product launches and increasing mergers & acquisition activities has fostered growth of the anatomic pathology market. For instance, in June 2018, PHC Holdings Corporation completed acquisition of Anatomical Pathology business of Thermo Fisher Scientific Inc., The acquired Anatomical Pathology business would operate as a new stand-alone company named Epredia and will serve as a leading global provider of comprehensive solutions in the anatomical pathology .

Moreover increasing product launch is also anticipated to propel the growth of anatomical pathology market during the forecast period, F. Hoffmann LA Roche Ltd. launched VENTANA DP 200 Slide Scanner in April 2018, which provides high-speed scanning of histology slides for digital pathology.

However, integration of new technology such as Artificial Intelligence (AI) in pathology is expected to positively impact growth of the anatomic pathology market over the forecast period. For instance, Leica Biosystems announced to support a UK government project to find ways to integrate Artificial Intelligence in pathology applications in January 2018. Furthermore, Philips and NovoPath Inc. integrated NovoPath anatomic pathology software platform, and Philips IntelliSite Pathology Solution and Wholeslide Imaging System in January 2018. Leica Biosystems, and UCLA Department of Pathology and Laboratory Medicine announced a collaboration to accelerate adoption of digital pathology in 2016. These factors are expected to boost the growth of the anatomic pathology market over the forecast period. Cancer informatics and digital pathology workflow solution provider Inspirata, Inc. partnered to add latter’s Aperio Digital Pathology Scanners to formers end-to-end workflow solution portfolio in 2017.

However, limited use of anatomic pathology solutions is expected to restrain growth of the anatomic pathology market over the forecast period.

Restraints