The global histology and cytology market size was valued at USD 12.35 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 14.74% from 2021 to 2028. An increase in the demand for the detection of cell and tissue characteristics and a global increase in the prevalence of cell-based diseases, such as cancer, are major factors expected to drive the market throughout the forecast period. The integration of digital solutions to cytological diagnosis offers the advantage of the rapid interpretation of primary diagnostic data. In addition, companies are launching new and advanced digital cytology systems for assisting in the rapid on-site evaluation of cytology samples.
The In Vitro Diagnostic (IVD) labeled system will enable the diagnostic laboratories to maximize their sample throughput processing with an ideal turnaround time. The theCOVID-19 pandemic is acting as a positive catalyst for the growth of the market. The strategic collaboration is observed between the companies for developing antibodies specific for validation with immunohistochemistry. For instance, in September 2020, GeneTex, Inc. entered into a partnership with HistoWiz, Inc., for establishing various validated antibodies for immunohistochemistry in human COVID-19 infected tissues.
Key Player Mentioned:
- Hologic, Inc.
- Abbott
- Becton, Dickinson and Company
- Hoffmann-La Roche Ltd.
- Merck KGaA
- Thermo Fisher Scientific, Inc.
- Danaher
- Sysmex Corporation
- Trivitron Healthcare
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Product Segment Analysis:
- Instruments and Analysis Software System
- Consumable and Reagents
Application Segment Analysis:
- Drug Discovery & Designing
- Clinical Diagnostics
- Research
The companies will also put collaborative efforts into developing an automated immunohistochemistry assay with GeneTex for detecting SARS-CoV-2 viral infection in different types of tissues. They also emphasized that IHC helps in the identification of the virus replication by the detection of viral proteins in infected tissues, unlike RT-PCR that only amplifies viral RNA fragments in the sample specimen.
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa
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The rise in the popularity of immunohistochemistry for visualizing cellular components to diagnose a wide range of diseases, such as cancers and other infectious diseases, is contributing to the growth of the market. Several companies are developing innovative immunohistochemistry instruments and reagents. For instance, in January 2021, Biocare Medical, LLC released ONCORE Pro, a completely automated staining platform for Immunohistochemistry (IHC) and In Situ Hybridization (ISH) applications.
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