Global Histology and Cytology Market Is Anticipated To Witness High Growth Owing To Growing Incidences Of Cancer

Histology and Cytology Market

Histology is the study of tissues, whereas cytology examines individual cells. Histology studies the chemical composition and structure of both animal and plant tissue, while cytology examines only the cellular area of a sample. The uses of histology and cytology include identifying and diagnosing diseases, especially cancer. Both areas are used to prepare slides for examination under a microscope, and histology involves a more complicated slide preparation process. Cytopathology is a subfield of histology, and examines the cell structure in fluid specimens such as blood, urine, pleural fluid, and cerebrospinal fluid. It is also used to diagnose fetal abnormalities, and for screening tests such as Pap smears. Cytology examinations can be done using a fine-needle aspiration or other methods to draw fluid from body sites.

Market Dynamics:

Rising research and developmental activities are estimated to augment growth of the Global Histology and Cytology Market during the forecast period. For instance, a prospective clinical study was launched by Nanostics Inc., in July 2022. This clinical study has been designed for validating Clarity DX Bladder, minimally invasive bladder cancer diagnostic test using their Clarity DX diagnostic platform. Moreover, lack of awareness regarding diagnostic tests is anticipated to restrain growth of the global histology and cytology market during the forecast period.

The Global Histology and Cytology Market Is Estimated To Be Valued At US$ 16,253.0 Million In 2021 And Is Expected To Exhibit A CAGR Of 13.35% Over The Forecast Period (2021-2028).

Impact of COVID-19:

The pandemic affected several nations across the globe. Strict lockdowns were imposed to avoid the transmission of the disease. Testing of large number of samples was being carried on daily basis. During COVID-19, several researchers were trying to develop drugs or vaccines for treating this disease. Several manufacturers were developing vaccines or drugs for treating COVID-19, and this led to increase in demand for histology and cytology. This led to growth of the global histology and cytology market. Thus, COVID-19 exhibited a positive impact on the market.

Key Takeaways:

The global Histology and Cytology Market is expected to witness robust growth, exhibiting CAGR of 13.35 % over the forecast period, due to increasing product launches. For instance, Almora Medical College has launched The Fine Needle Aspiration Cytology (FNAC) test facility in June 2022. This test helps in the early detection of chronic diseases such as cancer.

North America is anticipated to witness robust growth in the global histology and cytology market during the forecast period, due to growing awareness about cancer screening and increasing prevalence of cancer.

Key players active in the global histology and cytology market are Kinetic River Corp, Abbott Laboratories, Oak Ridge Products, F. Hoffmann-La Roche Ltd, PolyScience, Becton, Dickinson and Company, Hologic Inc., Trivitron Healthcare, Sysmex Corporation, Danaher, CellPath Ltd, Thermo Fisher Scientific, Inc, Koninklijke Philips N.V, and Medimeas.