Global $4.7 Billion Slide Stainer Market - Opportunities & Drivers (2018-2023): Increasing Automation in Laboratories/Increasing Healthcare Expenditure/Increasing Incidence of Chronic Diseases
The global slide stainers market is projected to reach USD 4.7 billion by 2023 from USD 2.79 billion in 2018, at a CAGR of 11%.
DUBLIN, July 11, 2018 /PRNewswire/ --
The "Slide Stainer Market by Product, Technology and End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global slide stainers market is projected to reach USD 4.7 billion by 2023 from USD 2.79 billion in 2018, at a CAGR of 11%.
Factors contributing to the growth of this market include the increasing incidence of chronic diseases, increasing automation in laboratories, rising geriatric population, and increasing healthcare expenditure.
The implementation of excise duty by the US government is expected to limit the market growth during the forecast period. In addition, dearth of skilled technicians and product recalls are some of the factors expected to restrain market growth during the forecast period.
Market Segmentation
The report analyzes the global slide stainers market by product, technology, end user, and region
On the basis of product, the reagents segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the rising prevalence of chronic and infectious diseases, increasing healthcare expenditure, increasing public awareness, and growing demand for automation in diagnostics and clinical research.
Based on technology, the hematoxylin & eosin (H&E) segment accounted for the largest share of the global slide stainers market in 2017. The large share of this segment can be attributed to the fact that H&E staining is the initial staining technique for various diseases and is associated with better quality, ease of use, and higher throughput than most other staining technologies.
Based on end user, the hospitals and diagnostic centers segment is expected to register the highest CAGR during the forecast period. The growing prevalence of diseases and huge patient inflow in hospitals and diagnostic centers are some of the factors that are likely to boost the growth of this market during the forecast period.
Geographically, the global slide stainers market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2017, North America accounted for the largest share of the slide stainers market, followed by Europe and Asia Pacific. Factors such as the highly developed healthcare system in this region, the easy accessibility to technologically advanced instruments, and the presence of major key players in the region are responsible for the large share of the North American slide stainers market.
Competitive Landscape
The prominent players in the global slide stainers market are Roche (Switzerland), Agilent (US), Danaher (US), BioGenex (US), Thermo Fisher Scientific (US), Sakura (Japan), Biocare Medical (US), Merck Group (Germany), General Data Company (US), and Hardy Diagnostics (US).
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Slide Stainers Market Overview
4.2 Geographic Snapshot: Slide Stainers Market (2017)
4.3 Geographic Mix: Slide Stainers Market
4.4 APAC Slide Stainers Market, By Product & Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Increasing Incidence of Chronic Diseases
5.2.1.2 Rising Geriatric Population
5.2.1.3 Increasing Automation in Laboratories
5.2.1.4 Increasing Healthcare Expenditure
5.2.2 Market Restraints
5.2.2.1 Implementation of Excise Duty By the US Government
5.2.3 Market Opportunities
5.2.3.1 High-Growth Opportunities in Emerging Markets
5.2.4 Market Challenges
5.2.4.1 Dearth of Knowledgeable and Skilled Technicians
5.2.4.2 Product Recalls
6 Slide Stainers Market, By Product
6.1 Introduction
6.2 Reagents
6.3 Equipment
6.3.1 Automated Slide Stainers
6.3.2 Manual Slide Staining Sets
6.4 Consumables & Accessories
7 Slide Stainers Market, By Technology
7.1 Introduction
7.2 Hematoxylin & Eosin (H&E)
7.3 Immunohistochemistry
7.4 In Situ Hybridization
7.5 Cytology
7.6 Microbiology
7.7 Hematology
7.8 Special Staining
8 Slide Stainer Market, By End User
8.1 Introduction
8.2 Hospitals and Diagnostic Laboratories
8.3 Academic and Research Institutes
8.4 Pharmaceutical and Biotechnology Companies
8.5 Other End Users
9 Slide Stainers Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America
9.6 Middle East and Africa
10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Partnerships, Collaborations, and Agreements
10.3.3 Expansions
10.3.4 Acquisitions
11 Company Profiles
11.1 F. Hoffmann-La Roche Ltd.
11.2 Agilent Technologies, Inc.
11.3 Danaher Corporation
11.4 Biogenex
11.5 Thermo Fisher Scientific
11.6 Sakura Finetechnical
11.7 Merck Group
11.8 Biocare Medical
11.9 Hardy Diagnostics
11.10 General Data Company Inc.
11.11 Elitechgroup
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