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The global anatomic pathology market is choc o bloc with companies with several large global players and a few local players, reports Transparency Market Research (TMR) in a new market study. The global anatomic pathology market was evaluated at US$17,318.0 mn in 2016.

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Services, amongst other key products and service segments, held the leading almost 45.9% market share in 2016. Based on application, disease diagnosis held the leading more than 47% market share in 2016. Geography wise, North America currently leads the global anatomic pathology market; the region held the commanding more than 40% market share in 2016.

Extensive Use for Identifying Tumors, Cancers Rising at Alarming Rate Propelling Market

The global anatomic pathology market is primarily driven by the capability of anatomic pathology to identify abnormalities in order to detect disease and administer treatment. Hence, anatomic pathology finds extensive use for identifying and managing various types of tumors and cancers, which are increasing at an alarming rate. According to statistics of GLOBOCAN,
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around 15.2 million cancer cases were reported across the globe in 2015, and this number is anticipated to reach 19 million by 2025.

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In addition, technological advances that have been beneficial for early disease diagnosis have improved the quality of anatomic pathology as well. These factors are largely influencing the quality of anatomic pathology in developed economies that are supported by digital pathology, extensive R and government initiatives to provide personalized medicine. Consequently, the anatomic pathology market in these regions is benefitted.

On the other hand, in developing countries government initiatives for creating awareness about advanced technologies are also likely to bode well for the anatomic pathology market in these regions.

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ugg boots toddler Anatomic Pathology Market Set To Record Exponential Growth