Increasing prevalence of chronic diseases, rising investments in diagnostics and clinical research, and growing need for automation of laboratories are some key factors expected to drive market growth
According to Emergen Research, the global slide strainers market size was USD 3.44 Billion in 2020 and is expected to reach USD 7.87 Billion in 2028 and register a revenue CAGR of 10.8% during the forecast period, 2021-2028.
Clinical laboratories routinely examine tissue samples using a microscope. A tissue sample is usually fixed, preserved, mounted, and cut into thin slices with a microtome. To enhance cellular visualization under the microscope, each slice is then “stained”. Staining is a process where the slide and its tissue sample are exposed to a dye that penetrates more deeply into the structure of the cells—making them more visible under a microscope. With slide strainers, the staining of histology or cytology tissue specimens can be automated or performed with various techniques, including surface adsorption, direct staining, indirect staining, or mordant staining. Increasing awareness regarding the benefits of slide strainers in clinical research laboratories is a major factor expected to drive market revenue growth during the forecast period.
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In addition, rising prevalence of infectious diseases, growing demand for standardized and rapid workflows in biotechnology companies for the preparation of quality control slides, and technological advancements in automation in clinical research and diagnostics are some major factors expected to positively impact revenue growth of the market. However, high capital investments, lack of skilled technicians and unfavorable government regulations (such as high excise duty) are some factors expected to restrain market growth to a certain extent over the forecast period.
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Hematoxylin and Eosin Segment Revenue to Expand at a Rapid CAGR:
Hematoxylin and eosin segment is expected to register a rapid revenue CAGR over the forecast period attributed to large scale adoption of this technology by pharmaceutical companies for research activities due to its numerous advantages. Hematoxylin and Eosin (H&E) staining is commonly used in histopathology laboratories as it provides researcher or pathologist a very detailed view of the tissues by staining cell structures, including the nucleus, cytoplasm, and extra-cellular components, clearly.
Hospitals and Diagnostic Centers Segment to Register Significant Revenue Growth:
Hospitals and diagnostic centers segment is expected to register significant revenue growth over the forecast period due to increasing number of patients suffering from chronic diseases, growing global geriatric population and rising government and private investments in healthcare infrastructure, especially during COVID-19 pandemic.
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North America to Account for Largest Revenue Share:
North America is expected to account for largest revenue share in the global market over the forecast period due to increasing focus on research and development activities to develop effective therapeutics, technological advancements in research and clinical instruments, and growing adoption of automated devices. In addition, increasing number of biotechnology and pharmaceutical companies and rising healthcare expenditure are some other factors expected to contribute to market growth in the region.
Major Companies in the Market Include:
- Hoffmann-La Roche Ltd.
- Agilent Technologies, Inc.
- Danaher Corporation
- Thermo Fisher Scientific
- Biocare Medical
- Merck Group
- General Data Company
- Hardy Diagnostics
For the purpose of this report, Emergen Research has segmented the global slide stainers market based on product, technology, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Consumables & Accessories
- Automated Slide Stainers
- Manual Slide Staining Sets
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Hematoxylin and Eosin
- In Situ Hybridization,
- Special Stains
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals and Diagnostic Centers
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
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Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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