From GlobeNewswire: 2025-04-14 09:40:00

Pathology Laboratories Market is projected to reach USD 720.60 billion by 2032 with a CAGR of 8.13%. The U.S. market is expected to hit USD 208.68 billion, driven by Medicare reimbursements, an aging population, and advanced diagnostics tools. The focus on early detection and personalized medicine is increasing globally.

Hospital-based labs accounted for 53.65% of revenue in 2023, playing a crucial role in emergency care. General Physiological & Clinical Tests was the largest testing service segment at 38.15% due to rising chronic diseases. Physician referrals comprised 53.41% of the market, emphasizing the importance of accurate diagnostic data for treatment decisions.

North America led the market in 2023 with 38.25% global share, driven by high healthcare expenditure and advanced diagnostic technologies. The region’s early adoption of digital pathology and AI-enabled diagnostics, along with government initiatives like the Precision Medicine Initiative, contribute to market growth. The pathology laboratories market is expected to see significant growth, with the Asia Pacific region leading in CAGR. Countries like India, China, and Japan are investing in healthcare infrastructure and screening programs. Initiatives like India’s Ayushman Bharat and China’s Healthy China 2030 will improve diagnostics access in rural areas.

LabCorp and Quest Diagnostics have launched AI-powered platforms to enhance cancer diagnostics. Google Cloud collaboration aims to digitize pathology networks for better accuracy and remote consultations. The market report covers key points like market dynamics, regional analysis, and company profiles, offering insights and trends for pathology laboratories.

SNS Insider is a top market research agency providing accurate data and insights for decision-making. Using surveys and focus groups globally, SNS Insider aims to equip clients with the latest market trends and consumer opinions to navigate changing environments confidently. Explore related reports on clinical laboratory services, AI in diagnostics, digital pathology, and molecular diagnostics.



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