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(Medical-NewsWire.com, September 18, 2017 ) The Europe Anatomy Pathology Market was worth USD 4.21 billion in 2016 and is estimated to be growing at a CAGR of 5.77%, to reach USD 5.58 billion by 2021. The market is already pretty huge in this region and is expected to grow even bigger in the mentioned forecast period. Anatomy Pathology is the branch of medicine that deals with diagnosis of diseases based on the various levels of examinations of organs and tissues.
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Anatomy Pathology features the diagnosis of disease based on the macroscopic, microscopic, biochemical, immunologic and molecular examination of organs and tissues. The data generated by Anatomy Pathology is further analysed and is used by doctors for a better health management. Anatomy Pathology is basically one of the branch of the pathology stream, other being the Clinical Pathology.
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With most of the countries already being developed, people earn more and are able to spend more on their health, so market is pretty big in this region. People have also become prone to more and more harmful diseases as the time has changed because of increasing adaptability of micro-organisms against various medications. This market is facing challenges mainly competing with the Physician Groups, like speciality physicians merging or adding ancillary services and large commercial labs. There is a constant significant reimbursement pressure. These factors may act as growth hurdles for the Anatomy Pathology Market in this region.
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Market Segmentation
• Product
o Instruments
o Accessories
o Y-o-Y Growth Analysis, By Product
o Market Attractiveness Analysis, By Product
o Market Share Analysis, By Product
• End-User
o Diagnostics Lab
o Hospitals
o Physicians' Office Lab
o Y-o-Y Growth Analysis, By End-User
o Market Attractiveness Analysis, By Type
o Market Share Analysis, By End-User
• Application
o Lymphoma
o Breast
o Lung
o Cervical
o Colorectal
o Prostate
o Y-o-Y Growth Analysis, By Application
o Market Attractiveness Analysis, By Application
o Market Share Analysis, By Application
The Europe region is geographically segmented into Germany, U.K, France, Spain and Italy. Europe is one of the most lucrative markets for the growth of Anatomy Pathology market. Factors such as developed countries and good financial strength of people are the reason of this market being so much developed in this region.
This market is extremely disjointed with numerous big and developing players operating in the business. Some of the major companies dominating the market in this region are TPL-Pathology Labs, ARUP Pathology and Maxdata.
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