Digital pathology is an image-based information environment that aids in the management of information generated from a digital slide. A digital slide image file is then generated which enables the user for high resolution viewing, interpretation and image analysis of digital pathology slides. The digital slides can be shared within the laboratory or to the other laboratory by the integration of the internet. It helps the physician and patients to take another opinion about the diagnosis.
The digital pathology market is estimated to grow at a CAGR of 12.5% during the forecast period from 2018 to 2025. The market for digital pathology is projected to reach US$ 992.14 Mn in 2025.
The prominent players operating in the market of digital pathology include 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Huron Digital Pathology, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., XIFIN, Inc., Ventana Medical Systems, Inc., Koninklijke Philips N.V., and Visiopharm, Indica Labs, Inc.
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In our study, we have segmented the digital pathology market by product, application and end user. Based on product, the market is segmented as storage systems, communication systems, software and scanners. Based on application, the market is segmented into teleconsultation /telepathology, disease diagnosis, drug discovery and training and education. On the basis of end user, the market is categorized as academic & research institutes, pharmaceutical & biotechnological companies and hospital laboratories. Geographically, the market for digital pathology is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).
To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global Digital Pathology market.
To forecast the size of the market segments with respect to four major regional segments, namely, north america, europe, asia pacific, and the rest of the world (latin america and the middle east & africa).
Advancement in the equipment, teleconsultation & ease of transportation, rising prevalence of cancer, and increasing number of conferences & meetings to create awareness are the major factors primarily attributed to the growth of the market. Additionally, major players in this market are involved in research and development activities. These players have been upgrading their product portfolio by applying for approvals as well as launching new products. For instance, in July 2017, The 3D Histech launched the windows 10 compatible TMA control 2.7 SW, which can be applied for the complete tissue microarray (TMA) products. This update was aimed to aid in placing different samples into one paraffin block. In addition, it was also designed to save time & costs of tissue preparation, staining and slide preparation.
The market for digital pathology is well established in North American region, especially in the US and Canada. The market is expected to witness growth at a significant rate in Asia Pacific (APAC) region during the forecast period. The initiations and support by the government in China, growing cancer cases, focus by industry players in Japan, and developing healthcare infrastructure in India are likely to enhance the growth of the market during the forecast period. Thus, there is a vast potential for the digital pathology market to witness rapid growth in the coming years.
The Digital Pathology market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as north america, europe, asia-pacific, middle east & africa and south america covering major 16 countries across the mentioned regions.
The Digital Pathology market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed swot analysis, financial facts and key developments of products/service from the past three years.
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According to a new market research study titled Digital Pathology market – global analysis and forecasts by type, application and end user, the global Digital Pathology market is expected to high growth in 2025. The market is estimated to grow with a cagr from 2019-2025. The report highlights the trends prevalent in the global Digital Pathology market and the factors driving the market along with those that act as deterrents to its growth.
The qualitative contents for geographical analysis will cover market trends in each geography and country which includes highlights of the key players operating in the respective region/country, pest analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
TABLE OF CONTENTS
1. INTRODUCTION 19
1.1 SCOPE OF THE STUDY 19
1.2 THE INSIGHT PARTNERS ANALYSIS RESEARCH REPORT GUIDANCE 19
2. GLOBAL DIGITAL PATHOLOGY MARKET – KEY TAKEAWAYS 20
3. GLOBAL DIGITAL PATHOLOGY MARKET – MARKET LANDSCAPE 23
3.1 OVERVIEW 23
3.2 MARKET SEGMENTATION 23
3.3 GLOBAL DIGITAL PATHOLOGY MARKET – BY PRODUCT 24
3.4 GLOBAL DIGITAL PATHOLOGY MARKET – BY APPLICATION 24
3.5 GLOBAL DIGITAL PATHOLOGY MARKET – BY END USER 25
3.6 GLOBAL DIGITAL PATHOLOGY MARKET – BY GEOGRAPHY 25
3.7 PEST ANALYSIS 26
3.7.1 North America – PEST Analysis 26
3.7.2 Europe – PEST Analysis 28
3.7.3 Asia Pacific – PEST Analysis 30
3.7.4 Middle East & Africa – PEST Analysis 32
3.7.5 South & Central America – PEST Analysis 34