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Data Bridge Market Research analyses that the digital pathology market which was USD 971.49 million in 2021, is expected to reach USD 2,492.64 million by 2029, at a CAGR of 12.5% during the forecast period 2022 to 2029.
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Market Overview
Digital pathology is the practise of pathology that employs digital imaging. Digital pathology is the use of computer workstations to view digital whole slide images (WSIs) obtained from high resolution scanning of glass microscope slides applications include teaching, research and primary diagnostic reporting.
Some of the major players operating in the digital pathology market are:
- F. Hoffmann-La Roche Ltd (Switzerland)
- Hamamatsu Photonics (Japan)
- 3DHISTECH Ltd. (Hungary)
- AstraZeneca (U.K.)
- General Electric (U.S.)
- Healthcare Trading Co. LLC (UAE)
- Koninklijke Philips N.V (Netherlands)
- Inspirata, Inc. (U.S.)
- Olympus Corporation (Japan)
- Sectra AB (U.S.), PerkinElmer Inc. (U.S.)
- Apollo Enterprise Imaging Corp (U.S.)
- Mikroscan Technologies, Inc. (U.S.)
- VMscope GmbH (Germany)
- Huron Technologies International Inc. (Canada)
- Objective Pathology Services Limited (Canada)
- OptraScan (U.S.)
- Pathcore (Canada)
- Agfa-Gevaert Group (Belgium)
- Proscia Inc. (U.S.)
Global Digital Pathology Market Dynamics
Drivers
- Rapid technological advancements are fostering the market growth
Rapid technological advancements in digital pathology systems are also expected to drive market expansion. Digital imaging, computerization, robotic light microscopy, and multiple fibre optic communications are all contributing to the expansion. Whole slide imaging is one such technique that has several advantages over conventional light microscopes and is expected to boost the market.
- Rising use of AI in healthcare
The use of AI in healthcare is increasing, with a growing emphasis on improving patient care quality by incorporating AI into various aspects of healthcare services, such as pathological diagnosis. As a result, artificial intelligence (AI) provides smooth primary care flow and automation, allowing doctors to focus on more essential and horrific patients. Furthermore, AI solutions in the healthcare industry are becoming more humanized.
Opportunities
- Growing preference for computer-aided diagnosis
The growing preference for computer-aided diagnosis, which integrates image processing, physics, mathematics, and computing algorithms, enables efficient disease detection, and aids in the evaluation of anatomic structures of interest, as well as the quantification of disease progression and risk assessment, will drive market growth. Companies such as Olympus are providing a variety of tools for remote slide sharing and image processing, which is expected to drive market growth in the coming years. Leica Biosystems received FDA approval for the Aperio AT2 DX Scanner and Aperio WebViewer for remote diagnosis during the pandemic in April 2020. During this emergency, Phillips also received FDA approval for its IntelliSite Pathology Solution for remote diagnosis.
Restraints/Challenges
- High cost of digital pathology
High cost of digital pathology and the low adoption rate in emerging and underdeveloped countries will obstruct the market's growth rate. Augmenting keeps the cost of digital pathology low by functioning as a modular hardware platform with integrated digital pathology software applications.
This digital pathology market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the digital pathology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Highlights of TOC
Chapter 1: Market overview
Chapter 2: Global Digital Pathology Market
Chapter 3: Regional analysis of the Global Smart Diabetes Management industry
Chapter 4: Global Smart Diabetes Management segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-pathology-market
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