Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,156 Million | USD 3,897 Million | 6.8% | 2023 |
FrequentlyAsked Questions
By determining the biological background of diseases, tissue diagnostics involves the examination and testing of particular tissue samples. They help uncover possible causes and treatment choices by revealing the precise type and degree of malignancy, which is utilized to detect specific medical illnesses like cancer and inflammatory disorders. Tissue diagnostics can be performed using a variety of methods, including core and open biopsy, and are very accurate and reasonably priced. These days, these diagnoses are also made using sophisticated technologies including digital pathology, in situ hybridization (ISH), immunohistochemistry (IHC), and special staining.
The US tissue diagnostics market is being driven by several factors such as the growing prevalence of cancer, technological advancements, increasing elderly population, rising government initiatives, growing collaboration among the key market players, and others.
According to the report, the US tissue diagnostics market size was worth around USD 2,156 million in 2023 and is predicted to grow to around USD 3,897 million by 2032.
The US tissue diagnostics market is expected to grow at a CAGR of 6.8% during the forecast period.
US tissue diagnostics market growth is driven by California. It is currently the nation's highest revenue-generating market due to the prevalence of cancer.
The US tissue diagnostics market is dominated by players like Thermo Fisher Scientific, Inc., Merck KGaA, F. Hoffmann-La Roche Ltd., Siemens Healthineers AG, Abbott Laboratories, Danaher, QIAGEN, bioMérieux SA, Becton, Dickinson & Company (BD, Agilent Technologies, Inc., DiaGenic ASA, General Electric Company (GE Healthcare), BioGenex, Cell Signaling Technology, Inc., Abcam plc, Bio SB, Enzo Life Sciences, Inc., VITRO SA (Master Diagnóstica) and TissueGnostics GmbH among others.
The US tissue diagnostics market report covers the geographical market along with a comprehensive Tissue Diagnostics competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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