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Anatomic Pathology Track and Trace Solutions Market

Anatomic Pathology Track and Trace Solutions Market Size, Share & Segment By Product (Software, Hardware (Printers and Labeling Systems, Barcode Scanners and RFID Readers, Mobile Computing Systems), Consumables (Barcode Labels and RFID Tags, Slides, Specimen Containers, Tissue Cassettes, and Blocks, Transport Bags), By Technology (Barcode, RFID), By Application (Slides Tracking, Tissue Cassettes & Blocks Tracking, Specimen Tracking), By End User (Hospital Laboratories, Independent and Reference Laboratories), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2147 | July 2022 | Region: Global | 138 Pages

Anatomic Pathology Track and Trace Solutions Market Size was valued at USD 580.3 million in 2021, and expected to reach USD 1190.5 million by 2028, and grow at a CAGR of 10.8% over the forecast period 2022-2028.

Since a while ago, tracking options that make use of bar-codes have also been used in the anatomic pathology laboratories. Anatomic pathology specimens, slides tracking, and blocks all contribute to increased laboratory productivity, improved patient care, and increased patient safety. The tracking of anatomic pathology specimens also benefits research laboratories that use extra clinical data stored in biorepositories.

Anatomic Pathology Track and Trace Solutions Market

The process of tracking implementation is difficult. Before implementing tracking, a workflow analysis in the laboratory is necessary to ensure that the system satisfies their needs. Before the launch and implementation of the tracking system, which aids in exposing the practices, analysis needs certain adjustments. The workflow must alter significantly and the laboratory culture must also adapt for tracking on the programmes. The success of the process depends on planning, buy-in, training, and accountability from each individual.

MARKET DYNAMICS

KEY DRIVERS

  • More Diagnostic Tests Are Being Run in Anatomic Pathology Laboratories

  • A Growing number of Legal Cases Concerning Cancer Misdiagnosis

  • Anatomic Pathology Laboratories Are Consolidating More and More

  • Increasing the Use of Automated Systems to Increase Laboratory Productivity

RESTRAINTS

  • Implementing Track and Trace Solutions in Anatomic Pathology Laboratories Comes at a High Cost

OPPORTUNITIES

  • Growing Quickly in APAC and Latin American Emerging Markets

  • Integrating Track and Trace Pathology Systems with Laboratory Information Systems

CHALLENGES

  • Inadequate Common Standards for Specimen Labeling in Anatomic Pathology Laboratories

IMPACT OF COVID-19

Governments from all across the world are collaborating with pharmaceutical and biotech companies to address the COVID-19 epidemic, from assisting in the creation of vaccinations to preparing for problems with the supply chain for pharmaceuticals Currently, there are 117 vaccine candidates and roughly 156 chemicals in the R&D pipeline. Additionally, there has been a substantial rise in demand for common drugs like hydroxychloroquine, which is used to treat COVID-19. Due to the dearth of these treatments in many industrialized countries, there is a huge market opportunity for manufacturers of COVID-19 management therapies. The pharmaceutical and biotechnology sector is anticipated to have significant expansion in the next years because to the need for COVID-19 vaccines and treatment medications. Due to these considerations, COVID 19 is anticipated to significantly affect the market for Anatomic Pathology Track and Trace Solutions.

By Product

The market is divided into three categories: consumables, hardware, and software. The market sector predicted to hold the biggest proportion is software. This is primarily caused by the growing demand for automation of the sample labelling process to reduce manual errors, the growing emphasis on enhancing the effectiveness of anatomic laboratories, the expanding use of cloud-based LIMS, and the growing workload in anatomic pathology laboratories.

By Technology

Barcode and RFID are the segments used to group the anatomic pathology track and trace solutions market. Due in large part to end users' increased use of barcode systems as a result of their more affordable price, the barcode segment is anticipated to have a larger share of the market (as compared to RFID).

By Application

Slide tracking, tracking of tissue cassettes and blocks, and tracking of specimens are the three segments of the anatomic pathology track and trace solutions market. Slide tracking is anticipated to experience the greatest CAGR throughout the projected period, primarily as a result of the adoption of tracking systems in anatomic pathology laboratories to decrease specimen identification errors and boost workflow efficiency.

By End User

Hospital laboratories, private and reference laboratories, and other end users make track anatomic pathology and market tracking solutions (contract research organizations, government-sponsored medical laboratories, and research institutes). The section combining independent laboratories and references is expected to have the largest CAGR in the forecast period. The expansion of this market is due to the increase in the number of independent cancer screening tests and the expansion of the world's largest laboratories.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Agilent Technologies, Cerebrum Corporation, AP Easy Software Solutions, General Data Healthcare, Leica Biosystems, Primera Technology, Thermo Fisher Scientific, Sunquest Information Systems, Ventana Medical Systems and Zebra Technologies.

MARKET SEGMENTS:

By Product

  • Software

  • Hardware

    • Printers and Labeling Systems

    • Barcode Scanners and RFID Readers

    • Mobile Computing Systems

  • Consumables

  • Barcode Labels and RFID Tags

  • Slides

  • Specimen Containers, Tissue Cassettes, and Blocks

  • Transport Bags

By Technology

  • Barcode

  • RFID

By Application

  • Slides Tracking

  • Tissue Cassettes & Blocks Tracking

  • Specimen Tracking

By End User

  • Hospital Laboratories

  • Independent and Reference Laboratories

Anatomic Pathology Track and Trace Solutions Market

REGIONAL ANALYSIS

According to estimates, the North American market will rise fastest. The increased number of diagnostic tests conducted in anatomic pathology labs, the prevalence of chronic diseases (which is driving up demand for high-quality diagnostic services), and the presence of major market competitors in the area can all be attributable to this. Additionally, the demand for automated labelling systems is being driven in many anatomic pathology laboratories across North America by the need to eliminate specimen identification errors.

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Anatomic Pathology Track and Trace Solutions Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 580.3 Million
Market Size by 2028 US$ 1190.5 Million
CAGR CAGR of 10.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Software, Hardware (Printers and Labeling Systems, Barcode Scanners and RFID Readers, Mobile Computing Systems), Consumables (Barcode Labels and RFID Tags, Slides, Specimen Containers, Tissue Cassettes, and Blocks, Transport Bags)
• By Technology (Barcode, RFID)
• By Application (Slides Tracking, Tissue Cassettes & Blocks Tracking, Specimen Tracking)
• By End User (Hospital Laboratories, Independent and Reference Laboratories)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Agilent Technologies, Cerebrum Corporation, AP Easy Software Solutions, General Data Healthcare, Leica Biosystems, Primera Technology, Thermo Fisher Scientific, Sunquest Information Systems, Ventana Medical Systems and Zebra Technologies.
Key Drivers • More Diagnostic Tests Are Being Run in Anatomic Pathology Laboratories
• A Growing number of Legal Cases Concerning Cancer Misdiagnosis
• Anatomic Pathology Laboratories Are Consolidating More and More
Restraints • Implementing Track and Trace Solutions in Anatomic Pathology Laboratories Comes at a High Cost


Frequently Asked Questions (FAQ) :


Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Anatomic Pathology Track and Trace Solutions Market Segmentation, By Product

8.1 Software

8.2 Hardware

8.2.1 Printers and Labeling Systems

8.2.2 Barcode Scanners and RFID Readers

8.2.3Mobile Computing Systems

8.3 Consumables

8.3.1 Barcode Labels and RFID Tags

8.3.2 Slides

8.5.3 Specimen Containers, Tissue Cassettes, and Blocks

8.4.4 Transport Bags

 

9. Anatomic Pathology Track and Trace Solutions Market Segmentation, By Technology

9.1 Barcode

9.2 RFID

 

10. Anatomic Pathology Track and Trace Solutions Market Segmentation, By Application

10.1 Slides Tracking

10.2 Tissue Cassettes & Blocks Tracking

10.3 Specimen Tracking

 

11. Anatomic Pathology Track and Trace Solutions Market Segmentation, By End User

11.1 Hospital Laboratories

11.2 Independent and Reference Laboratories

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 Agilent Technologies

              13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cerebrum Corporation

13.3 AP Easy Software Solutions

13.4 General Data Healthcare

13.5 Leica Biosystems

13.6 Primera Technology

13.7 Thermo Fisher Scientific

13.8 Sunquest Information Systems

13.9 Ventana Medical Systems

13.10 Zebra Technologies.

 

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

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Step 1: Secondary Research:

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Secondary Research

Step 2: Primary Research

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