Frost & Sullivan: Automated Anatomic Pathology Labs Transform Global Tissue Diagnostics Market

Frost & Sullivan: Automated AnatomicFrost & Sullivan: Automated Anatomic Pathology Labs Transform Global Tissue Diagnostics Market PR Newswire MOUNTAIN VIEW, California, Jan. 21, 2014 - Offering attractive procurement strategies will boost adoption of high-end tools Growth in diagnostic test volume conducted across hospitals worldwide is lending momentum to the global tissue diagnostics market. In addition, the shortage of pathologists to perform these tests favors the automation of anatomic pathology laboratories, further spurring market development. New research from Frost & Sullivan's Analysis of the Global Tissue Diagnostics Market (http://www.lifesciences.frost.com) finds the market earned revenue of $2.39 billion in 2012 and estimates this to reach $3.45 billion in 2017. The analysis is aimed at segmenting the market into two broad categories, namely pre-analytical and advance staining. For more information on this analysis, please email Jennifer Carson, Corporate Communications, at jennifer.carson@frost.com. Automated tissue diagnostics are gaining acceptance due to the improved technical performance of the assay, which reduces reagent costs and assay time. With anticipated technological improvements over the next three years in the advance staining and pre-analytical segments, faster turnaround times, throughput, and ease will fuel adoption.