Tissue Diagnostics Market - Industry Analysis and Outlook ReportA Chapter by Markets InsightsThe global tissue diagnostics market size was estimated at USD 3.9 billion in 2018 andis poised to exhibit a CAGR of 6.6% during the forecast period.The global Tissue Diagnostics Market size is expected to
reach USD 6.03 billion by 2025 at a 6.6% CAGR during the forecast period,
according to a new report by Grand View Research, Inc. Major developments
pertaining to consolidation, automation, and efficiency analysis to streamline
tissue-based disease screening protocols and cashflows have driven this market.
Furthermore, collaborations for development of companion diagnostics are anticipated
to impact adoption rate of technologies that are employed in the tissue
diagnostics arena. Need for robust diagnostic solutions as a
consequence of rising cancer burden has pronounced demand for research
initiatives and simultaneous product launches, thus driving the market. For
example, in March 2017, California-based OptraScan began offering a
subscription-based digital pathology service for research purposes, mainly for
smaller labs that are unable to pay for high-end scanners. In addition, implementation of sequencing
technology in tissue-based tests would significantly impact the progress rate
of this market. Major leaders like Roche are offering sequencing-based tissue
diagnostics products, thus aiding market growth. Browse Details of Report @ Further key
findings from the report suggest:
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Added on September 10, 2019 Last Updated on September 10, 2019 Tags: Tissue Diagnostics Market AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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