Histology and Cytology Market will grow at highest pace owing to increasing prevalence of cancer

Author : saya bonde | Published On : 06 May 2024

The histology and cytology market comprises of products and instruments used for histopathology and cytopathology tests, which involves examination of tissues and cells respectively under a microscope. Histopathology tests involve microscopic examination of biopsy specimens to analyze cancerous and non-cancerous tissues. Cytopathology tests include examination of bodily fluids such as blood, urine, sputum etc. to detect abnormalities or diseases at a cellular level. Key instruments in the market include microtomes, slides, cover slips, stains etc. Additionally, consumables such as reagents, probes, kits and pretreatment solutions are also used in sample preparation and staining processes.

The global histology and cytology market is estimated to be valued at US$ 18528.42 Mn in 2024 and is expected to exhibit a CAGR of 14.% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in the histology and cytology are Abbott, Hologic Inc., Becton, Dickinson and Company, Southwest Precision Instruments, LLC, F. Hoffmann-La Roche Ltd, Sysmex Corporation, Thermo Fisher Scientific Inc., Danaher, Life Technologies Corporation, Merck KGaA, Koninklijke Philips N.V., Perkin Elmer, and Trivitron Healthcare. These players are focusing on developing advanced instruments and consumables with improved accuracy and automation.
The growing demand for histopathology and cytopathology tests can be attributed to the rising prevalence of cancer globally. According to World Health Organization (WHO), cancer burden has risen to 10 million new cases in 2020 and is expected to rise further in coming years. Histopathological examination of tissue samples play a pivotal role in cancer diagnosis and prognosis.
Technological advancements in the field of microscopy, staining, imaging and analytics have boosted efficiency of histology and cytology tests. Digital pathology using Whole Slide Imaging (WSI) allows remote diagnosis. Automated staining systems and advanced microtomes enable high throughput processing. Artificial intelligence is being explored for computer-aided disease detection from digital slides.

Market Trends
Increasing Adoption of Digital/Virtual Pathology - Transition from conventional light microscopy to digital/virtual microscopy using Whole Slide Imaging is a major trend. Digital pathology offers benefits like remote diagnosis, storage, analysis and sharing of slides over network.
Rising Demand for Automation - Automated staining systems, microtomes and analyzers are gaining adoption to boost throughput and consistency of tests while reducing turnaround time. Advanced instruments offer features like automated slide loading and on-board quality control.

Market Opportunities
Emerging Economies in Asia Pacific and Latin America - Histopathology market in China, India, Brazil, Mexico etc. offers lucrative opportunities for players owing to improving healthcare infrastructure and increasing cancer incidence.
Companion Diagnostics - There is scope for using histopathology/cytology as companion diagnostics along with targeted cancer therapies to ascertain therapeutic effectiveness.

Impact of COVID-19 on Histology and Cytology Market Growth
The COVID-19 pandemic has significantly impacted the histology and cytology market. During the initial phase of the pandemic, numerous histopathology and cytology diagnostic procedures were postponed to avoid unnecessary exposure and divert medical resources to treat COVID-19 patients. This led to a decline in procedure volumes and hampered market growth. However, with the resurgence of COVID-19 variants, there is an increasing focus on early disease diagnosis using histopathology and cytology tests. This is helping drive demand for advanced diagnostic solutions in the market.

Nevertheless, supply chain disruptions caused by lockdowns affected the availability of histology instruments, reagents, and consumables. This impacted market players. But manufacturers are now implementing new strategies like enhancing online sales channels and establishing local production facilities. They are also collaborating with research institutes to develop new diagnostic solutions and tests to identify infections as well as complications caused by COVID-19. This would aid market recovery. Moreover, as the pandemic recedes, it is expected that deferred diagnostic procedures will resume, driving the need for robust diagnostics infrastructure. This will fuel long-term opportunities in the histology and cytology market in the post-pandemic era.

Histology and Cytology Market Regional Analysis
In terms of value, the histology and cytology market in North America accounts for the major share. Advanced healthcare infrastructure, high awareness about early disease diagnosis, and presence of major market players have made North America a hub for histopathology and cytology services.

Meanwhile, the Asia Pacific region is expected emerge as the fastest growing market during the forecast period backed by improving access to healthcare, rising healthcare expenditure, increasing incidence of chronic diseases, and expansion of private diagnostic services across countries like India, China, and Japan. Furthermore, improving technological capabilities and rising medical tourism in the Asia Pacific are enhancing regional market growth.