The increasing number of teleconsultations, rising adoption of digital pathology to enhance lab efficiency, and increasing application in drug discovery and companion diagnostics are driving the global digital pathology market. Moreover, the investment in laboratory expansion and market penetration of key manufacturers are also likely to propel the market growth.
The global digital pathology market size was valued at USD 689.2 million in 2019 and is expected to witness a CAGR of 11.7% during the forecast period.
Top Companies in the Global Data Digital Pathology Market: 3DHistech Ltd., Definiens AG, Hamamatsu Photonics K.K., Leica Biosystems Nussloch GmBH, Mikroscan Technologies Inc., Nikon Corporation, Olympus Corporation, Koninklijke Philips NV, Ventana Medical Systems Inc., VISIONPHARM
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Scope of the Report
As per the scope of the report, digital pathology includes the acquisition, management, sharing, and interpretation of pathology information, which includes slides and data in a digital environment. The digital slides are created when glass slides are captured with a scanning device, in order to offer a high-resolution image to be viewed on a computer screen or mobile device.
Key Market Trends
Disease Diagnosis is the Fastest Segment by Application that is Expected to Grow during the Forecast Period
For the diagnosis of diseases, digital pathology encompasses different technologies, which include laboratory management systems, digital dictation, dashboards and workflow management, digital image analysis, electronic specimen labelling and tracking, and synoptic reporting tools. Therefore, the integration of digital pathology, along with these digital tools, barcoding, specimen tracking, and digital dictation, improvise the safety, quality, and efficiency of disease diagnoses in pathology laboratories. Hence, owing to the advantages of using digital pathology for disease diagnoses, the market is expected to grow at a good pace during the forecast period.
Regional Analysis For Digital Pathology:
For comprehensive understanding of market dynamics, the Digital Pathology market is analyzed across key geographies namely United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Asia-Pacific is the Fastest-growing Region and it is Expected to Follow the Same Trend over the Forecast Period
The Asia-Pacific digital pathology market is anticipated to exhibit the fastest CAGR during the forecast period, due to the proliferation of advanced imaging modalities in emerging economies, growing investments in medical field, and presence of untapped opportunities. Thus, the presence of a large target patient population and booming healthcare industry is encouraging the growth of the regional market.
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Digital Pathology Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2014 to 2018 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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