Tissue Diagnostic Market Trends Estimates High Demand By 2026

Tissue Diagnostic Market Trends Estimates High
Demand By 2026
Tissue Diagnostic Market By Product Type (Instruments, Consumables), By
Technology (In Situ Hybridization, Digital Pathology, Immunohistochemistry),
By Disease (Breast Cancer, Lymphoma Cancer, Gastric Cancer), By End User
(Research Laboratories, Hospitals, Contract Research Organizations) – Global
Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Tissue diagnosis is important tool in diagnosis, monitoring, and management of different types of
cancer conditions. Recognition of sign and symptoms of disease are done through biopsy, a process of
taking sample from region of interest such as skin, tissue or tumor for further diagnosis. Biopsy are
primarily done to look for cancer detection or to detect rejection of transplanted organ draft.
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Biopsy is done to identify likely cause of cancerous and non-cancerous tissue, which are unable to
detect through CT-scan or X-rays. Depending on area of sample collection various biopsy procedures
are done such as endoscopic biopsy, bone marrow biopsy, skin biopsy, kidney biopsy, liver biopsy, and
prostate biopsy. Furthermore biopsy can be done using needle biopsy, CT guided biopsy, Ultrasound
biopsy, and surgical biopsy for the tissue diagnostic. According to the American journal of Nephrology,
2015, Australia has the highest numbers of annual renal biopsy rates (215 persons/million person/year)
followed by the Finland (176 persons/million person/year) and U.S. (175 persons/million person/year).
The increased numbers of biopsy procedure likely to fuel the growth of tissue diagnostic market, in
near future.
Rising prevalence of different cancer incidences is major driving factor boosting the tissue diagnostic
market. According to American cancer Society (ACS), 1.6 million new cases of cancer diagnosed in the
U.S., in 2016. In addition, increase research funding in cancer treatment and growing healthcare
expenditure likely to show gradual rise in tissue diagnostic market. National Cancer Institute, in 2015,
spends US$ 4,480 million on various types of cancer research which includes breast cancer, colorectal
cancer, cervical cancer, liver cancer, lung cancer, leukemia, ovarian cancer and uterine cancer.
Key players operated in the tissue diagnostic market are Biocare Medical, Agilent technologies,
Thermo Fisher Scientific, Sigma-Aldrich, Roche Diagnostics, Danaher corp., Biogenex Laboratories,
Life Technologies and Abbott laboratories.
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Rise in the prevalence of cancer incidences to boost the tissue diagnostic market
According to the United States Cancer statistics report published in 2014 by Centers of Disease Control
and Prevention (CDC), between 1999 and 2014, more than 1600 people a day, died due to the cause of
cancer. Although screening tests helps to detect cancer condition at early stage, data from Healthy
People 2020, an initiative form Department of Health and Human Services, reveals that screening rate
is still below the national targets set. Combined data collected from CDC and National cancer institute
(NCI) focus on the top 3 cancer incidences in male and female. In male prostate cancer incidence are
higher, while in females breast cancer are most dominated, followed by lung and colon cancer
respectively in both male and female.
New and advanced methods of tissue diagnosis favors the market growth
Innovation in tissue diagnostic process for the efficient diagnostic testing such as Fluorescence in situ
hybridization (FISH), Immunohistochemistry (IHC) and In situ hybridization (ISH) raises the
opportunity to grow tissue diagnostic market in future. In September 2017, researchers at the
University of Texas, developed a new way of diagnosis by creating pen named as “MasSpec Pen”,
which is handheld devices able to distinguish healthy tissue and tumor tissue in just 10 seconds, more
than 150 times quicker than existing technology. These new tool provides improvement in cancer
treatment and minimizes the chances of recurrence by offering precise diagnostic information, which
eventually favors the growth in tissue diagnostic market.
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Tissue diagnosis is important tool in diagnosis, monitoring, and management of different types of cancer conditions. Recognition of sign and symptoms of disease are done through biopsy, a process of taking sample from region of interest such as skin, tissue or tumor for further diagnosis. Biopsy are primarily done to look for cancer detection or to detect rejection of transplanted organ draft.