Tissue Diagnostics Market Size, Share, Growth Analysis, By Product(Consumables, and Instruments), By Technology(Immunohistochemistry, In-situ Hybridization, Digital Pathology & Workflow Management, and Special Staining), By Disease Type(Breast Cancer, Gastric Cancer, Lymphoma, Prostate Cancer), By End User(Hospitals, Research Laboratories, Pharmaceutical Companies, Contract Research Organizations), By Region - Industry Forecast 2024-2031

Tissue Diagnostics Market size was valued at USD 4.97 billion in 2022 and is poised to grow from USD 5.3 billion in 2023 to USD 9.42 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The tissue diagnostics market is expected to gain strong growth opportunities during the forecast period. This growth is due to the increasing prevalence of cancer. COVID-19 has impacted the tissue diagnostics industry primarily. Diagnostic testing was significantly slowed down during the pandemic as there was a focus on containing the virus within medical resources. Routine medical processes are affected during the period. During the epidemic, the need for tissue diagnostics services and products went low temporarily. However, when things started becoming better and healthcare systems began adjusting to the new norm, the market again started to bounce up. The post-pandemic world was characterized by a continued high requirement for a precise diagnosis and monitoring of several diseases, among which cancer was included. Considering the rapid increase in cancer incidence, anatomic pathology is changing fast. That again promotes the continuous expansion of the clinical pathology domain. The anatomical and molecular pathology domain are converging constantly. More often, liquid biopsies are utilized for the diagnosis of cancer. As computational pathology has started gaining momentum, it becomes increasingly important for bioinformatics and analytics integration. The tissue diagnostics sector has, over the past 20 years, witnessed the availability of increasingly sophisticated equipment, transforming the lives of pathologists and clinical practitioners altogether. 

US Tissue Diagnostics Market is poised to grow at a sustainable CAGR for the next forecast year.