Pathology Devices Market Size, Analysis, and Forecast Report: 2016-2026

Pathology is the field in healthcare which provides accurate information regarding the progression of disease conditions. This information helps physicians to monitor and manage the therapies. Increasing advances in the diagnostic techniques such as PCR, biopsies, and other assays have catered to the needs of pathology services across various domains of healthcare industry. Biomarker technology is one the diagnostic tool which would get prominent potential in next five years. Such advances in technologies has largely helped physicians to measure and monitor the progression life style diseases such as stroke, diabetes and cancer. Other technologies such as immunoassays, clinical chemistry are also framing the demand for pathology devices to next level. These technologies are prominently used across developed regions owing to lower cost and easy availability. However, the substandard quality and marginal efficiency would pose a threat for these technologies. Pathology devices used in diagnosing infectious diseases, cancer and other prevalent diseases have high demand across globe. Moreover, devices used during clinical trials, drug discovery and development are gaining pace owing to increasing pharmaceutical research and development.

Pathology Devices Market: Drivers & Restraints

Increasing prevalence of chronic diseases, growing number of geriatric population and active initiatives from the government to regulate preventive measures of infectious diseases has triggered growth of pathology devices market, globally. The rising incidence of sexually transmitted diseases and lifestyle diseases is increasing the demand for anatomical and clinical chemistry pathologies. However, prevalent conditions such as autoimmune diseases, chromosomal diseases are elevating a need for more advanced molecular diagnostic devices. However, limited awareness across developing regions, lack of skill work force and high cost of devices are hindering the growth of pathology devices...