Tissue Diagnostic Market Is Anticipated to Be Worth $6.4 Billion by 2022: Grand View Research, Inc.

San Francisco, CA -- (ReleaseWire) -- 05/26/2015 --Global tissue diagnostic market is expected to reach USD 6.4 billion by 2022, according to a new study by Grand View Research Inc. Tissue diagnostic, due to its ability to detect cancer at an early stage, is expected to witness significant growth over the forecast period. Increasing incidences of breast cancer, rising geriatric population base and the growing demand for personalized medicines are high impact rendering drivers of the tissue diagnostics market. Furthermore, improving healthcare infrastructure, increasing demand for safe and cost effective treatment and rising focus of major market players on emerging economies such as India and China are likely to propel market growth. Technological advancement occurring in the field of tissue diagnostics is expected to lead towards the availability of better option for healthcare professionals and the patients. Tissue diagnostic procedures encompass a broad array of technologies designed to revolutionize the cancer diagnosis process and provide apt molecular information. Tissue diagnostic detects the presence of malignant cells by performing microscopic study of the involved tissue. This investigation is considered to be vital for any type of cancer in order to decide the most effective treatment line.

Browse full research report on Global Tissue Diagnostic Market:
http://www.grandviewresearch.com/industry-analysis/tissue-diagnostics-market

Further key findings from the study suggest:

-Immunohistochemistry (IHC) is identified as the most lucrative sub segment of the tissue diagnostic market majorly owing to increasing incidences of cancer diagnostic

-The tissue based breast cancer diagnostic segment accounted for the largest market share in 2014. Rising alcohol consumption, lifestyle associated changes and growing geriatric population are some factors expected to drive segment growth over the forecast period.

-North America accounted for over 40.0% of the tissue diagnostic market in 2014 on account of high usage rates of technologically advanced products. Rising patient awareness level and the presence of accessible healthcare infrastructure is also expected to contribute towards healthy regional market growth.

-Asia Pacific is expected to witness the fastest growth over the forecast period. Rapid economic development and the consequent improvement of the healthcare infrastructure is expected to help manufacturers capitalize on the available opportunities in the form of unmet medical needs. Presence of sophisticated healthcare facilities in the developed markets of Japan and Australia is also expected to boost usage rates over the forecast period.

-Key players of the tissue diagnostic market include Roche Diagnostics, Cell Signaling Technologies, Becton Dickinson & Company, Agilent Technologies, Abbott Laboratories, GE Healthcare, Thermo Fisher Scientific, Johnson & Johnson and Danaher Corporation.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/tissue-diagnostics-market

For the purpose of this study, Grand View Research has segmented the global tissue diagnostic market on the basis of products, technology, application, end-use and region:

Global Tissue Diagnostic Product Outlook (Revenue, USD Million, 2012 – 2022)
-Instruments
-Accessories

Global Tissue Diagnostic Technology Outlook (Revenue, USD Million, 2012 – 2022)
-Immunohistochemistry (IHC)
-In Situ Hybridization
-Special Staining
-Digital Pathology and Workflow

Global Tissue Diagnostic Application Outlook (Revenue, USD Million, 2012 – 2022)
-Lymphoma
-Breast Cancer
-Gastric Cancer
-Prostate Cancer
-Non Small Cell Lung Cancer

Global Tissue Diagnostic End-use Outlook (Revenue, USD Million, 2012 – 2022)
-Hospitals
-Contract Research Organization (CRO)
-Pharmaceutical Organizations
-Research Laboratories

Tissue Diagnostic Regional Outlook (Revenue, USD Million, 2012 – 2022)
-North America
oU.S.
oCanada
oRest of North America
-Europe
oGermany
oFrance
oSpain
oRest of Europe
-Asia Pacific
oJapan
oChina
oIndia
oRest of Asia Pacific
-Latin America
oBrazil
oMexico
oRest of Latin America
-Middle East and Africa (MEA)
oSouth Africa
oRest of Middle East and Africa

Browse more reports of this category by Grand View Research:
http://www.grandviewresearch.com/industry/clinical-diagnostics

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 415-349-0058
Toll Free: 888-202-9519
Web: http://www.grandviewresearch.com