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According to a new market research study of “North America Tissue Processing Systems Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by Product, Volume, End User and Country.” The North America tissue processing systems market is expected to reach US$ 252.56 million in 2027 from US$ 167.72 million in 2019. The market is estimated to grow with a CAGR of 5.4% from 2020 to 2027. The report highlights trends prevailing in the North America tissue processing systems market and the factors driving market along with those that act as hindrances.
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Some of the companies competing in the North America Tissue Processing Systems Market are: MiltenyiBiotec, Leica Biosystems Nussloch GmbH (Danaher) and BioGenex
The final report will add the analysis of the Impact of Covid-19 in this report North America Tissue Processing Systems Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global North America Tissue Processing Systems Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the North America Tissue Processing Systems Market is analyzed and depicted in the report.
The North America tissue processing systems market, by product, is segmented into tissue transfer processors and fluid transfer processors. The fluid transfer processors segment held the largest share of the market in 2019, whereas the tissue transfer processors segment is anticipated to register the highest CAGR in the market during the forecast period. Tissue processing involves preparing tissues for microscopic analysis by putting them in a tangible medium. It helps provide skinny and high-quality slices that can be mounted on the glass slides and properly stained to indicate normal and abnormal structures. Tissue processing systems are widely used in cancer diagnostic laboratories, where biopsy samples are processed for cancer diagnosis. The growing aging population, prone to chronic diseases such as cancer, drives the demand for regular diagnostic tests.
As per estimates revealed by the National Cancer Institute, in the US, the rate of new cancer cases was 442.4 per 100,000 men and women per year, and the cancer death rate was 158.3 per 100,000 men and women per year during 2013–2017. Thus, the growing prevalence of cancer is likely to boost the demand for tissue processing products in cancer diagnosis. Also, the growing network of diagnostic laboratories in North America is favoring the growth of the market in this region.
The growth of the North America tissue processing systems market is attributed to key driving factors such as rising prevalence of cancer and increasing number of diagnostic laboratories across globe. However, high cost of cancer diagnostics is expected to restrict the market growth during the forecast period.
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The scope of the Report:
The report segments the North America Tissue Processing Systems Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the North America Tissue Processing Systems Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Reasons for buy this Report:
Highlights key business priorities to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America Tissue Processing Systems market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.
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