Press release

Tissue Processor Equipment Market: Latest Report with Forecast 2018-2027

Tissue Processor Equipment Market: Latest Report with Forecast 2018-2027

 

 
Effective Cancer Diagnosis to Pave Potential Pathways for Tissue Processor Equipment

Increasing incidences of cancer across the globe and growing fatalities associated with this chronic disease have initiated development of novel technologies such as tissue processor equipment to diagnose chronic diseases. This factor remaining instrumental in driving the need for tissue processing, geriatric population growth rate has furthered the demand for advanced tissue processor equipment. For instance, in the United States, according to the American Cancer Society and National Center for Health Statistics, in 2017, around 1,688,780 cancer cases were recorded. Likewise, according to World Health Organization (WHO), cancer mortality rate in India has crossed 79 per 100,000 deaths and in the next three years, it is expected to grow 4 times faster among women and men. Likewise, China witnessed a massive increase in cancer cases and mortalities, particularly lung and breast cancer. Also, according to World Cancer Research Fund International, cancer has not left any European country untouched, with a majority of cases prevalent in France, particularly among men, which has driven the need for efficient diagnostic equipment.

Request Brochure of this Report@ https://www.factmr.com/connectus/sample?flag=B&rep_id=433

On the other hand, geriatric population is highly susceptible to various lifestyle disorders and diseases which has become a leading cause of mortality at the global front. This factor is severely complimented by increased life expectancy leading to growth in geriatric population worldwide on the back of advanced medical facilities and enhanced longevity, reveals WHO analysis.

For instance, the older population is growing at an unprecedented rate worldwide. As per the new report, "An Aging World: 2015" published by the United States Census Bureau, almost 8.5% of the people across the globe are aged 65 years and above. This percentage is projected to reach over 17% of the global population by 2050. As advancing age is one of the leading risk factors for cancer, the people aged 65 years and above account for almost 60% of the newly cancer cases and 70% of all cancer deaths

Against this backdrop, the demand for advanced diagnostic procedures such as tissue processor equipment is likely to shoot in the coming years, in turn complementing to the growth of the tissue processor equipment market worldwide.

Demand for Tissue Processors to Accelerate on the Back of Pathologist Shortage

Scarcity of pathologists are likely to increase delays in providing enhanced diagnostic testing services and this situation is expected to go more critical if healthcare providers or governments do not train more individuals in the pathology field. This condition can worsen owing to lack of resources deployed to attract new individuals to this sector. For example, according to the White paper titled “Digital Pathology: A New Frontier in Canadian Healthcare”, more than 370 pathologists are required in Canada, however, only 240 participants enrolled in the five year training program. In addition, an excess of 820 pathologists would be needed by end of 2020. The shortfall is likely to result in increased workload on each individual pathologist.

On similar lines, hospitals, healthcare facilities and diagnostic centers in India, United States, Russia and other developed and emerging countries are expected to witness a shortage of pathologists in the following years. As a consequence, hospitals and other diagnostic facilities across the globe are more inclined towards adopting tissue processors that can support in meeting the growing demand for efficient diagnosis, which in turn is expected to drive the growth of the tissue processor equipment market.

Technological Advancements in Tissue Processor Equipment

Development of advanced tissue processor equipment facilitate enhanced tissue quality, management of reagents, streamlining workflow and increasing productivity that has resulted in substantial cost savings. For instance, in 2016, Sakura Finetek introduced “Tissue-Tek VIP 6 AI Vacuum Infiltration Processor” to prepare pathological tissue specimens. This innovative tissue processor equipment can automatically blend specified reagents onboard in order to develop novel solutions for advanced infiltration of fatty acids. Likewise, in 2017, Leica Microsystems developed “Leica PELORIS 2”, a rapid tissue processor that is essentially an intelligent processing system featuring proactive remote-care diagnostics. Such advances in medical diagnosis is expected to fuel demand for efficient tissue processor equipment, in turn pushing their market’s growth.

Request TOC of this Report@ https://www.factmr.com/connectus/sample?flag=T&rep_id=433

Albeit their usefulness and efficiency, high cost associated with automated tissue processor equipment has been a hindrance among developing nations. Histology laboratories and hospitals in emerging economies have always shown inclination toward cheap and user-friendly alternatives for tissue processing. Lack of funds, being one of the major challenges faced by most hospitals in emerging nations are likely to hinder demand for advanced tissue processor equipment on the back of limited affordability.

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...