Regional Analysis
In North America, the neuropathology market can increase substantially as the healthcare industry in the region is observed to expend substantially in medical development. The U.S. can head North America market due to the existence of some reputed neuro-care hospitals with state of the art infrastructure. Moreover, general hospitals have well-organised neurology departments equipped latest neuropathology techniques and robust expertise. This can support the rise of the neuropathology market in North America.
In Europe, the neuropathology market is anticipated for a decent rise. The neuropathology market in the region is emerging highly competitive due to price war among players. The uninterrupted promotion of benefits of different intraoperative neurophysiological monitoring services, along with the launch of new patient friendly healthcare solutions and insurances can favor the market. In Asia Pacific, the government is observed to spend in the healthcare industry. Initiatives taken to extend state health care programs and their growing affluence across a large regional populace can support the rise of the neuropathy market in India and other regions of APAC. Enhancements in healthcare services can support the rise of the neuropathology market through the analysis period.
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Imaging technology are gaining momentum due to their viability. The rise in the adoption of modern radiology imaging solutions can boost the expansion of the neuropathy market in the near future. The patient count for cerebrovascular disorders is also observed to increase rapidly. The significant growth of the neuropathology market can be attributed to rise in the number of surgeries to treat such critical cases. In addition, the introduction of modern immuno-histochemical and histochemical tests can aid the neuropathology market gain momentum. However, lack of expertise can resist the market rise.
Market Research Future (MRFR), analysed the global neuropathology market across 2017-2023. Through the analysis period, the neuropathology market can rise at about 6% CAGR. The rise in cases of musculoskeletal conditions due to nerve issues is creating high demand for neuropathy solution. Increase in the need to deliver cost effective and high-quality diagnosis and treatment, technical interventions in medical diagnostic devices are observed. The availability of technologically advanced diagnosis and management solutions can support the growth of the neuropathology market through the analysis period.
Key Players
Therapath LLC, Thermo Fisher Scientific Inc., Laboratory Corporation of America Holdings, F. Hoffmann-La Roche Ltd., Quest Diagnostics Incorporated, Sakura Finetek USA Inc., ARUP Laboratories, Abbott Laboratories, Agilent Technologies Inc., Danaher Corporation, and NeoGenomics Laboratories among others are some reputed names in the global neuropathology market listed by MRFR.
Market Segmentation
The segment assessment of the neuropathology market are based on application, diagnosis test, and end-users.
The diagnostic test based segments of the neuropathology market are body fluids, biopsy, tissue resections, and peripheral blood smears among others. The biopsy sub-segments are sural nerve biopsy test, epidermal nerve fiber density testing (ENFD), lymph-node biopsies, and bone-marrow biopsies among others. The product based segments of the neuropathology market are perinatal disorders, cerebral hypoxia and stroke, demyelinative diseases, CNS infections, inherited metabolic disorders, brain tumors, neurodegenerative diseases, myopathology, and peripheral neuropathy.
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The rise in cases of CNS infections is creating the urgency to effective treatment, which can cause escalation in the revenue generation of the market in the years ahead. The end-user based segments of the neuropathy market are research centers, hospitals, clinics, and others. The rise in research centers for novel treatment development for neuropathies improve the impetus of the market. Moreover, the adoption of neuropathy diagnosis in hospital can churn considerable revenue for the market.
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