Top Companies in Tissue Diagnostic Market; Read this and Improve Your Organization
The increasing incidence of cancer along with the growing healthcare expenditure is anticipated to augment the growth of the market during the forecast period.
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Market Overview:
The global Tissue Diagnostic market is valued at 3,615.20 USD Million in 2021 and is projected to reach a value of 5,157.33 USD Million by 2028 at a CAGR of 6.10% over the forecast period. Tissue diagnostics continues to serve as one of the gold standards for cancer diagnosis as these technologies capture the biological context of tumors. With an increasing incidence of cancer, the market for tissue diagnostics has witnessed high demand with lucrative growth opportunities in the near future.
A rise in the adoption rate of automated tissue-based diagnostic systems by the research institutes enables them to perform a faster diagnosis of tumors. For instance, in September 2019, West Clinic Cancer Center partnered with F. Hoffmann-La Roche Ltd. to improve patient care by using Roche’s BenchMark ULTRA Automated Advanced Staining System. This system is used for in situ hybridization or immunohistochemical testing to enable faster diagnosis of tumors.
Key Findings and Insights from the report:
- The report presents the estimated CAGR of 6.10% size of the Tissue Diagnostic Market at the end of the forecast period.
- Insight also covers the price, production, share, and growth rate of these top manufacturers and examines the competitive scenario for a better understanding of the market synopsis.
- The report includes an overview of the market, the financial performance of key players its segmentation, its geographical scope.
- The Global Tissue Diagnostic Market is predicted to reach a value of 5,157.33 Million by 2028.
- The report provides a detailed evaluation of the market by highlighting information on various aspects which include restraints, drivers, opportunities, and threats.
Following are the top 10 leading companies in Tissue Diagnostic Market:
|
Company Name |
Revenue in USD |
|
$67 Billion |
|
$29 Billion |
|
$40 billion |
|
$43 Billion |
|
$6 Billion |
|
$404 Million |
|
$20 Billion |
|
$2 Billion |
|
$3 Billion |
|
$40 Million |
Roche is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Its holding company, Roche Holding AG, has shares listed on the SIX Swiss Exchange. The company headquarters are located in Basel. Roche is the largest pharmaceutical company in the world and the leading provider of cancer treatments globally. The company controls the American biotechnology company Genentech, which is a wholly-owned affiliate, and the Japanese biotechnology company Chugai Pharmaceuticals, as well as the United States-based companies Ventana and Foundation Medicine, is organized into five major business areas: Roche Applied Science, Roche Professional Diagnostics, Roche Diabetes Care, Roche Molecular Diagnostics and Roche Tissue Diagnostics. All business areas except Roche Applied Science focus on health care applications, targeting either physicians, hospitals and clinics, or consumers. Applied Science targets research settings in academia and pharmaceutical and biotechnology industries.
Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C. The company designs manufacture and market professional, medical, industrial, and commercial products and services. The company's 3 platforms are "Life Sciences", "Diagnostics", and "Environmental & Applied Solutions". The company is named after Danaher Creek in Western Montana. Danaher was one of the first companies in North America to adopt "Kaizen" principles to the manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement, and elimination of waste.
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. The company's mission is to enable its customers to make the world healthier, cleaner, and safer. The company supports its customers to accelerate life sciences research, solve complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies. The company's global team delivers an unrivaled combination of innovative technologies, purchasing convenience, and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD.
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs. The company sells medical devices, diagnostics, branded generic medicines, and nutritional products. Among its well-known products across the medical devices, diagnostics, and nutrition product divisions are Pedialyte, Similac, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT, and MitraClip.
Agilent is a leader in life sciences, diagnostics, and applied chemical markets. The company provides laboratories worldwide with instruments, services, consumables, applications, and expertise, enabling customers to gain the insights they seek. Agilent's expertise and trusted collaboration give the highest confidence to their customers. Agilent focuses its expertise on six key markets Food, Environmental & Forensics, Pharmaceutical, Diagnostics, Chemical & Energy, and Research.
Abcam identifies, develops, and provides high-quality biological reagents and tools which are essential in a wide range of fields and applications including drug discovery, diagnostics, and basic research. The company supplies the global life science community with antibodies, reagents, and kits that are supported by detailed data - from handling and recommended use, to validation results, user comments, and peer-reviewed citations. The company's products combine biology and data, together with expert customer support and fast delivery.
The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 57,000 employees and present in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences, and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies in the world.
Bio-Rad Laboratories, Inc. is an American developer and manufacturer of specialized technological products for the life science research and clinical diagnostics markets. The company was founded in 1952 in Berkeley, California. The company is based in Hercules, California, and has operations worldwide. The company’s life science products primarily include instruments, software, consumables, reagents, and content for the areas of cell biology, gene expression, protein purification, protein quantitation, drug discovery and manufacture, food safety, and science education. These products are based on technologies to separate, purify, identify, analyze, and amplify biological materials such as antibodies, proteins, nucleic acids, cells, and bacteria.
bioMérieux SA is a French multinational biotechnology company founded and headquartered in Marcy-l'Étoile, France. A global leader in in-vitro diagnostics for more than 55 years, bioMérieux has always been driven by a pioneering spirit and unrelenting commitment to improve public health worldwide. The company provides diagnostic solutions (reagents, instruments, software, services) which determine the source of disease and contamination to improve patient health and ensure consumer safety. Its products are used for diagnosing infectious diseases, cancer screening, and monitoring cardiovascular emergencies. They are also used for detecting microorganisms in agri-food, pharmaceutical, and cosmetic products.
Cell Signaling Technology (CST) is a different kind of life sciences Company founded, owned, and run by active research scientists, with the highest standards of product and service quality, technological innovation, and scientific rigor. Founded in 1999 and headquartered in Danvers, Massachusetts, USA, CST employs over 400 people worldwide. The company consistently provides fellow scientists around the globe with best-in-class products and services to fuel their quests for discovery. CST is a company of caring people driven by a devotion to facilitating good science a company committed to doing the right thing for our customers, our communities, and our planet.
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For More Information about each of these companies.
Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends, In-depth analysis of key players, Development opportunities, Sales, Revenue Forecast.
