#Global Digital Telepathology Market Trends
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The Regulatory Landscape of the Global Digital Pathology Market
The global digital pathology market revenue is expected to experience steady growth, expanding from an estimated USD 1.05 billion in 2023 to USD 1.91 billion by 2031. This growth is driven by a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031. The digital pathology market is revolutionizing the field of diagnostics and healthcare by offering advanced tools for image-based information acquisition, storage, and interpretation.
Digital pathology involves the digitalization of traditional pathology practices through the use of scanning devices and image analysis software. It enables pathologists and clinicians to examine high-resolution images of tissue samples on digital platforms, improving efficiency, accuracy, and collaboration across medical disciplines.
Market Growth Drivers
Rising Demand for Precision Diagnostics and Personalized Medicine: The increasing focus on precision diagnostics and personalized medicine is a major factor driving the digital pathology market. Digital pathology enables more accurate diagnoses by providing pathologists with enhanced image quality, enabling detailed analysis of tissue samples. This technology also facilitates personalized treatment planning, particularly in oncology, where it can identify specific biomarkers critical for targeted therapies.
Technological Advancements in Pathology Solutions: Continuous advancements in imaging technology, artificial intelligence (AI), and machine learning (ML) are further propelling the market. AI-powered image analysis tools can assist in the identification of patterns and anomalies that may be difficult for the human eye to detect, thus improving diagnostic accuracy. Additionally, automated image analysis reduces the turnaround time for results, allowing for faster diagnosis and treatment planning.
Growing Adoption of Telepathology: The rise of telepathology, where images are shared and analyzed remotely, is a key trend that is contributing to the growth of the digital pathology market. Telepathology allows pathologists to collaborate and consult on complex cases regardless of geographical barriers. This is particularly useful in regions where access to specialized pathologists is limited. Moreover, telepathology has been increasingly adopted in response to the COVID-19 pandemic, which accelerated the need for remote diagnostics and telemedicine solutions.
Increased Use in Research and Drug Development: Digital pathology is also gaining traction in research and drug development, particularly in the field of oncology and chronic diseases. Pharmaceutical companies and research institutions use digital pathology platforms to streamline data collection, accelerate drug discovery processes, and conduct large-scale studies more efficiently. The ability to analyze tissue samples on a large scale and across multiple sites makes digital pathology an indispensable tool in clinical trials and translational research.
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Challenges and Opportunities
While digital pathology offers numerous advantages, its adoption is still constrained by high initial costs, technical challenges, and data management concerns. Implementing digital pathology systems requires significant investment in infrastructure, including high-resolution scanners, cloud storage, and cybersecurity measures to ensure the safe handling of sensitive patient data.
However, increasing investment in healthcare IT infrastructure and the rising awareness of the benefits of digital pathology are likely to mitigate these challenges. Moreover, government initiatives promoting the use of digital technologies in healthcare and the growing emphasis on interoperability are expected to create further opportunities for growth.
Regional Insights
North America is the dominant player in the digital pathology market, attributed to the region’s advanced healthcare infrastructure, strong adoption of cutting-edge technologies, and supportive regulatory environment. The U.S., in particular, has seen a significant rise in digital pathology adoption due to increasing demand for cancer diagnostics and research.
Europe is the second-largest market, driven by increased healthcare spending and strong government initiatives promoting digital transformation in healthcare. The Asia-Pacific region is projected to witness the highest growth during the forecast period, fueled by the rapid expansion of healthcare infrastructure, rising investments in healthcare IT, and increasing demand for telepathology services in countries like China, Japan, and India.
Future Outlook
As the global demand for faster, more accurate diagnostic solutions continues to grow, the digital pathology market is expected to flourish. With a projected CAGR of 7.8% between 2024 and 2031, digital pathology will play a crucial role in advancing personalized medicine, improving diagnostic accuracy, and streamlining clinical workflows in research and healthcare settings.
In conclusion, the digital pathology market is poised for steady growth, driven by technological advancements, the increasing adoption of AI and telepathology, and the rising demand for precision diagnostics. From an estimated USD 1.05 billion in 2023, the market is set to reach USD 1.91 billion by 2031, transforming the way pathology services are delivered and improving patient outcomes worldwide.
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Digital Microscopes Market will grow at Highest Pace Owing To Rising Penetration in Healthcare & Life Sciences Industry
Digital microscopes are devices that enable visualization and analysis of microscopic specimens through digital imaging instead of traditional optical imaging. Digital microscopes provide various advantages over traditional microscopes such as ability to capture and store high resolution digital images and video, advanced image processing and analysis capabilities. They find wide applications in sectors like healthcare & life sciences, material sciences, semiconductors and others where microscopic examination and analysis is important. In the healthcare industry, digital microscopes are increasingly being used for pathology, histology and other diagnostic applications. The need for digitalization, documentation, remote consultation and sharing of microscopic images is driving increased adoption of digital microscopes in the healthcare industry. The Global Digital Microscopes Market is estimated to be valued at US$ 1,124.0 Mn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the digital microscopes are Olympus Corporation, Nikon Corporation, Leica Microsystems, Carl Zeiss AG, Celestron, LLC, Hirox Corporation, Danaher Corporation, Keyence Corporation, and Tagarno A/S. The growing demand from healthcare & pharmaceutical industry is one of the major factors driving the growth of digital microscopes market. Digital microscopes help in telemedicine & telepathology and enable remote examination and consultation. Technological advancements are expanding the capabilities of digital microscopes. Advanced features like high resolution & high speed 3D & 4D imaging, artificial intelligence integration for automated image analysis are enhancing their use in various applications. Market Trends Increased adoption in education sector - Digital microscopes are increasingly being used in educational institutions and online courses for microscopy lessons owing to benefits like sharing of images and videos in real time. Integration with AI and advanced imaging - Major players are focusing on integrating capabilities like machine learning, deep learning and artificial intelligence into digital microscopes. This is improving automated image capture, analysis and disease diagnosis capabilities. Market Opportunities Emerging markets - Markets in Asia Pacific and Middle East regions offer significant growth opportunities for digital microscopes players driven by infrastructure development and investment in healthcare and education sectors. Emerging applications - New application areas like material sciences, forensics, and nanotechnology offer scope to drive the use of advanced digital microscopes.
#Digital Microscopes Market Analysis#Digital Microscopes Market Size#Digital Microscopes Market Trend
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In 2022, the telehealth market reached a valuation of USD 87.2 billion
In 2022, the telehealth market was valued at USD 87.2 Billion. Projections indicate that by 2032, this market is anticipated to expand significantly, reaching a size of USD 737.5 Billion, driven by a robust Compound Annual Growth Rate (CAGR) of 23.9%.Telehealth encompasses the delivery of healthcare services remotely through telecommunications technology, including video conferencing, mobile apps, and digital platforms. This market has experienced remarkable growth due to technological advancements, rising healthcare costs, increasing demand for convenient healthcare solutions, and the imperative for improved access to medical services, particularly in underserved or rural areas.
Telehealth offers numerous benefits to both patients and healthcare providers, including greater convenience, reduced travel time and costs, improved access to specialists, and enhanced continuity of care. Patients can consult with healthcare professionals from the comfort of their homes, which is especially beneficial for individuals with mobility issues, chronic conditions, or those living in remote areas with limited access to healthcare facilities. Healthcare providers, on the other hand, can reach a broader patient population, optimize their schedules, and provide more timely and efficient care.Request Sample Report: https://datahorizzonresearch.com/request-sample-pdf/telehealth-market-2374The COVID-19 pandemic has further accelerated the adoption of telehealth, as social distancing measures and lockdowns prompted a shift towards virtual care delivery to minimize the risk of virus transmission. This unprecedented surge in telehealth usage has highlighted its potential to revolutionize healthcare delivery and reshape the healthcare landscape in the long term.The telehealth market encompasses a wide range of services, including virtual consultations, remote monitoring, telemedicine platforms, mobile health apps, and wearable devices. As technology continues to evolve and regulatory barriers are addressed, the telehealth market is expected to expand further, offering innovative solutions to address healthcare challenges and improve patient outcomes on a global scale.Looking Exclusively For Region/Country Specific Report? https://datahorizzonresearch.com/ask-for-customization/telehealth-market-2374Top Companies are:· Teladoc Health· Amwell· Good Rx· Talkspace· Doximity· Hims and Hers· InTouch Health· Plushcare· Medtronic· VSeeMarket Segmentations:Telehealth Market, By Modalities (2023–2032)· Live Video· Store- and- Forward· Remote Patient Monitoring· Mobile HealthTelehealth Market, By Monitoring Devices (2023–2032)· Blood Pressure Devices· Digital Thermometers· Blood Glucose Meters· Pulse Oximeters· OthersTelehealth Market, By Uses (2023–2032)· Teleconsultation· Telepathology· Remote Psychotherapy· Remote Home Medical Care· OthersTelehealth Market, By End-user (2023–2032)· Medical Practitioner· PatientBuy This Research Report: https://datahorizzonresearch.com/ask-for-customization/telehealth-market-2374Regional Analysis:In 2022, North America emerged as the dominant region in the telehealth market, with a significant market share. According to data from the U.S. Department of Health and Human Services, telehealth services were predominantly utilized by individuals aged 65 and above in the United States, followed closely by those aged 50 and above.The increasing adoption of telehealth among older demographics in the United States can be attributed to its cost-effectiveness and convenience, particularly for individuals who may face challenges in traveling to hospitals regularly for checkups. This trend towards telehealth services gained momentum during the COVID-19 pandemic, as restrictions on in-person healthcare visits prompted a widespread shift towards online medical consultations. Remarkably, many individuals have expressed their intent to continue utilizing telehealth services even after the pandemic subsides, underscoring the enduring appeal and benefits of virtual healthcare delivery.
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From Microscope Slides to Pixels: The Evolving Whole Slide Imaging Market
Introduction:
The Whole Slide Imaging (WSI) market is experiencing a remarkable transformation, redefining the field of pathology and diagnostics. Also known as virtual slide microscopy or digital pathology, WSI involves the scanning of entire microscope slides at high resolution and storing them as digital images. These digital slides can then be viewed and analyzed using specialized software, enabling pathologists, researchers, and healthcare professionals to make accurate diagnoses, collaborate remotely, and facilitate research. This technology is poised to revolutionize the way we approach healthcare and pathology.
Market Growth:
The Whole Slide Imaging market has been witnessing substantial growth in recent years, driven by a range of factors. The increasing prevalence of chronic diseases, such as cancer, is one of the primary drivers. WSI technology allows for rapid and accurate diagnosis, leading to better patient outcomes and treatment decisions. Moreover, the global expansion of telemedicine and telepathology has further fueled the demand for digital pathology solutions, allowing experts to collaborate across borders and share expertise more easily.
Advantages of Whole Slide Imaging:
1. Enhanced Diagnostic Accuracy: WSI provides pathologists with a detailed, high-resolution view of tissue samples, minimizing the potential for human error associated with traditional microscopy. This technology helps pathologists make more precise diagnoses, leading to improved patient care.
2. Remote Collaboration: WSI enables pathologists and experts to collaborate on cases regardless of their physical location. This is particularly valuable in areas with limited access to specialized medical professionals.
3. Efficient Workflow: Digital pathology streamlines the diagnostic process. Slides can be easily shared among multiple pathologists, and the ability to store and archive cases digitally reduces the physical storage requirements of glass slides.
4. Research Advancements: WSI supports cutting-edge research by facilitating the analysis of large datasets and enabling the integration of artificial intelligence (AI) and machine learning algorithms for automated diagnosis and pattern recognition.
Market Segmentation:
The WSI market can be segmented based on technology, application, end-users, and geography.
1. Technology: There are two primary types of WSI technology: brightfield and fluorescence. Brightfield technology is ideal for routine pathology, while fluorescence technology is used in research and specialized applications.
2. Application: WSI is employed in various applications, including telepathology, drug discovery, education, and research. Telepathology is particularly important for enabling remote consultation and diagnosis.
3. End-users: The end-users of WSI technology include hospitals, diagnostic laboratories, pharmaceutical companies, academic institutions, and contract research organizations. The adoption of WSI varies across these sectors.
4. Geography: The WSI market is distributed across regions such as North America, Europe, Asia-Pacific, and the rest of the world. North America, with its advanced healthcare infrastructure and supportive regulations, has been a prominent market.
Challenges and Future Trends:
Despite the substantial growth, the Whole Slide Imaging market faces a few challenges. These include the high initial cost of implementing WSI systems, concerns about data security, and the need for standardization in digital pathology. Furthermore, the technology still requires regulatory and reimbursement clarity in many regions to encourage broader adoption.
Looking to the future, the Whole Slide Imaging market is expected to continue growing as it overcomes these challenges. As AI and machine learning algorithms become more integrated, they will play an increasingly significant role in automating tasks like slide analysis. Furthermore, the emergence of cloud-based digital pathology solutions will provide cost-effective options for smaller healthcare facilities and academic institutions. The global adoption of WSI in pathology and diagnostics is set to become an integral part of the healthcare landscape, promising improved patient care, faster diagnoses, and more efficient collaboration among medical professionals.
Conclusion:
The Whole Slide Imaging market is experiencing substantial growth and is poised to revolutionize pathology and diagnostics. This transformative technology offers numerous advantages, including enhanced diagnostic accuracy, remote collaboration, streamlined workflows, and support for cutting-edge research. As the WSI market continues to evolve, overcoming challenges and embracing future trends, it will have a profound impact on healthcare and contribute to improved patient outcomes worldwide.
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Digital Pathology Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Telepathology
The global Digital Pathology Market is estimated to be valued at US$ 884.4 million in 2023 and is expected to exhibit a CAGR of 12.2% over the forecast period, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Digital pathology is an advanced technology that involves the management, storage, and interpretation of pathology information in a digital format. It eliminates the need for physical slides and allows easy access to patient data for analysis and diagnosis. This technology offers numerous advantages such as enhanced accuracy, faster turnaround time, remote consultation, and improved collaboration among pathologists. The need for digital pathology solutions is driven by the rising demand for efficient diagnostic tools and the increasing complexity of pathological slides. B) Market Key Trends: One key trend in the global Digital Pathology market is the increasing adoption of telepathology. Telepathology allows pathologists to remotely access and interpret pathology images, enabling them to provide expert opinions and consultations regardless of geographical barriers. This trend has gained significant momentum due to the COVID-19 pandemic, which has increased the need for remote work and virtual healthcare solutions. Telepathology not only improves access to pathology expertise in underserved areas but also facilitates multi-disciplinary collaboration and enables faster diagnosis and treatment decisions. C) PEST Analysis: - Political: Regulatory policies and guidelines play a crucial role in the adoption of digital pathology solutions. Governments worldwide are focusing on enhancing healthcare infrastructure and promoting digitization in healthcare. - Economic: The growing healthcare expenditure and increasing burden of chronic diseases are driving the demand for digital pathology solutions. Moreover, advancements in technology and cost reduction of digital pathology systems are also contributing to market growth. - Social: The growing geriatric population, increasing prevalence of chronic diseases, and rising awareness about personalized medicine are factors driving the need for accurate and efficient diagnostic tools like digital pathology. - Technological: Advancements in image analysis software, machine learning, and artificial intelligence have revolutionized digital pathology. These technologies enable automated analysis, better accuracy, and faster diagnosis, thereby boosting market growth. D) Key Takeaways: - The global Digital Pathology Market Demand is expected to witness high growth, exhibiting a CAGR of 12.2% over the forecast period, due to the increasing adoption of telepathology. - North America is the fastest-growing and dominating region in the digital pathology market, attributed to the presence of well-established healthcare infrastructure, a high burden of chronic diseases, and a supportive regulatory environment. - Key players operating in the global Digital Pathology Market include Leica Biosystems Nussloch GmbH, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck KGaA, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., OracleBio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., and Nucleai, Inc. In conclusion, the global Digital Pathology Market is experiencing significant growth due to the increasing adoption of telepathology and advancements in technology. This market has immense potential to improve diagnostic accuracy, enhance collaboration among pathologists, and facilitate remote consultations. As healthcare systems continue to embrace digitization, the demand for digital pathology solutions is expected to soar in the coming years.
#Digital Pathology#Digital Pathology Market#Digital Pathology Market Share#Digital Pathology Market Segments#Digital Pathology Market Size#Medical Devices
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Digital Pathology Market Is Estimated To Witness High Growth Owing To Increased Adoption Of Digital Pathology Solutions And Rising Demand For Efficient Diagnostic Methods
A) Market Overview:
Digital pathology is a revolutionary technology that involves the capturing, managing, and interpreting of digital images from pathology slides. It eliminates the need for physical slides by digitizing them, allowing pathologists to view and analyze them using computer platforms. Digital pathology enables efficient storage, retrieval, and sharing of pathology images, making it a valuable tool in research, education, and diagnosis. The market offers various products such as scanners, software, and storage systems that enable the conversion of analog pathology slides to digital format
The global Digital Pathology Market is estimated to be valued at USD 884.4 million in 2023 and is expected to exhibit a CAGR of 12.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
B) Market Dynamics:
Increasing Adoption of Digital Pathology Solutions: The adoption of digital pathology solutions is steadily increasing, driven by the advantages they offer over traditional pathology methods. These solutions enable remote access, collaboration, and quick turnaround time for diagnosis, leading to improved patient outcomes. Additionally, digital pathology eliminates the risk of slide loss or damage and allows easy sharing of images for second opinions or consultation.
Rising Demand for Efficient Diagnostic Methods: The growing burden of diseases and the need for accurate and timely diagnoses are fueling the demand for efficient diagnostic methods like digital pathology. Digital pathology provides high-resolution images that allow pathologists to zoom in, annotate, and analyze tissue sections in detail. This enhances diagnostic accuracy and efficiency, leading to better patient management and treatment decisions.
C) Market Key Trends:
An emerging trend in the Digital Pathology Market Trends is the integration of artificial intelligence (AI) for image analysis and interpretation. AI algorithms can analyze large sets of pathology images, detect patterns, and provide automated diagnoses or assist pathologists in their diagnoses. This trend is revolutionizing the field of pathology, enabling more precise and faster diagnoses, especially in complex cases. For example, AI algorithms can identify cancerous cells, predict disease progression, and provide personalized treatment recommendations.
D) SWOT Analysis:
Strengths:
Efficient and accurate diagnosis
Improved collaboration and remote access
Weaknesses:
High upfront costs of digital pathology solutions
Limited adoption in developing regions due to infrastructure limitation
Opportunities:
Integration of AI for advanced image analysis
Expansion of digital pathology in telepathology and research applications
Threats:
Data security and privacy concerns
Resistance from traditional pathologists to switch to digital methods
E) Key Takeaways:
- The global digital pathology market is expected to witness high growth, exhibiting a CAGR of 12.2% over the forecast period, due to the increasing adoption of digital pathology solutions and the rising demand for efficient diagnostic methods.
- North America is anticipated to be the fastest-growing and dominating region in the digital pathology market, driven by advanced healthcare infrastructure, favorable reimbursement policies, and the presence of key market players.
- Key players operating in the global digital pathology market include Leica Biosystems Nussloch GmbH, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck KGaA, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., OracleBio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., and Nucleai, Inc.
In conclusion, the digital pathology market is experiencing significant growth due to the increasing adoption of digital pathology solutions and the rising demand for more efficient diagnostic methods. The integration of AI in digital pathology and the expansion of its applications present exciting opportunities for market growth. However, challenges such as high upfront costs and data security concerns need to be addressed for widespread adoption. Overall, digital pathology has the potential to transform pathology practices and improve patient outcomes.
#Digital Pathology Market#Digital Pathology Market Demand#Digital Pathology Market Sale#Digital Pathology Market trends#Digital Pathology Market Growth#Digital Pathology Market Analysis#Coherent Market Insights
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Rise in Prevalence of Contagious Ailments Expected to Drive Global Digital Telepathology Market: Ken Research Buy Now Digital pathology is a field of pathology that emphases on data management based on information generated from digitized specimen slides.
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Digital Pathology Market Size, Share and Competitive Landscape 2014-2025
20th March 2020 - The global Digital Pathology Market is predicted to witness substantial growth in the coming years due to increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.
Currently, digital pathology is indispensable to gain a wide popularity since it greatly assists the healthcare professionals in diagnosis and treatment, specifically supports the education domain, used widely in research and development of large number of drugs, and also it is an important tool for human laboratory practice on the global scale. It delivers improved analysis that helps physicians and experts in decision making, speedy access to emergency cases, and data storage for future predictive analysis, offers live zooming option with multiple angle views, enable team annotation for slides, and reduce errors or misidentification.
The key drivers of the digital pathology market include increasing awareness of digital pathology across the globe and growing adoption, rising technological enhancement in the analysis software, increasing prevalence of cancer, high efficiency of pathological assessment, increased workload of pathologists, and delivery of superior results. However, strict regulations and significant cost of the systems are few restraining factors in the digital pathology industry.
Access Digital Pathology Market Report with TOC @ https://www.millioninsights.com/industry-reports/digital-pathology-market
Increasing focus on improving the efficiency of workflow and adoption of quicker diagnostic tools for chronic disorders is trending in the digital pathology market. Nonetheless, digital pathology has several advantages over the traditional techniques, which is expected to offer lucrative opportunity for various applications.
With an aim of improving digital pathology services, Neuberg Diagnostics, a prominent player in the industry merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South Africa, this venture offers solution for digitized tissue slides and tele-pathology demanded by medical institutes, hospitals, and the physicians.
Moreover, since the digital pathology domain is gaining momentum in India, the associated instruments are significantly priced, making it difficult for the customers to purchase. But the services offered by this merger are predicted to support pathologists and private hospitals in terms of better-quality scanner, telepathology software platform, image management tools, along with Neuberg’s histopathology network.
The leading players are OLYMPUS CORPORATION, Sectra AB, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc., Leica Biosystems Imaging Inc., GE Healthcare, Inspirata, and Koninklijke Philips N.V.
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Digital Pathology Market Growth Analysis, Trends Forecast by Regions and Types to 2025
20th March 2020 - The global Digital Pathology Market is predicted to witness substantial growth in the coming years due to increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.
Currently, digital pathology is indispensable to gain a wide popularity since it greatly assists the healthcare professionals in diagnosis and treatment, specifically supports the education domain, used widely in research and development of large number of drugs, and also it is an important tool for human laboratory practice on the global scale. It delivers improved analysis that helps physicians and experts in decision making, speedy access to emergency cases, and data storage for future predictive analysis, offers live zooming option with multiple angle views, enable team annotation for slides, and reduce errors or misidentification.
The key drivers of the digital pathology market include increasing awareness of digital pathology across the globe and growing adoption, rising technological enhancement in the analysis software, increasing prevalence of cancer, high efficiency of pathological assessment, increased workload of pathologists, and delivery of superior results. However, strict regulations and significant cost of the systems are few restraining factors in the digital pathology industry.
Access Digital Pathology Market Report with TOC @ https://www.millioninsights.com/industry-reports/digital-pathology-market
Increasing focus on improving the efficiency of workflow and adoption of quicker diagnostic tools for chronic disorders is trending in the digital pathology market. Nonetheless, digital pathology has several advantages over the traditional techniques, which is expected to offer lucrative opportunity for various applications.
With an aim of improving digital pathology services, Neuberg Diagnostics, a prominent player in the industry merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South Africa, this venture offers solution for digitized tissue slides and tele-pathology demanded by medical institutes, hospitals, and the physicians.
Moreover, since the digital pathology domain is gaining momentum in India, the associated instruments are significantly priced, making it difficult for the customers to purchase. But the services offered by this merger are predicted to support pathologists and private hospitals in terms of better-quality scanner, telepathology software platform, image management tools, along with Neuberg’s histopathology network.
The leading players are OLYMPUS CORPORATION, Sectra AB, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc., Leica Biosystems Imaging Inc., GE Healthcare, Inspirata, and Koninklijke Philips N.V.
Request a Sample Copy of Digital Pathology Market Report @
https://www.millioninsights.com/industry-reports/digital-pathology-market/request-sample
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Digital Pathology Market Analysis and Outlook Report 2019-2027
Digital Pathology Market:Overview
Transparency Market Research (TMR) has published a new report titled, ‘Digital Pathology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global digital pathology market was valued at US$ 0.38 Bn in 2018 and is projected to expand at a CAGR of over 12.0% from 2019 to 2027.
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Overview
Digital pathology (DP) is an image-based platform that involves managing, analyzing and interpreting digital information reflected on a digitized slide. Digital pathology technologies are utilized in many application areas such as forensic pathology, oral pathology and human pathology. Digital pathology is poised to streamline the workflow and activities of diagnostic laboratories and pathologists in near future
Digital pathology market is currently booming owing to rise in research and development activities. Surge in incidence and prevalence of chronic diseases and demand for advanced therapeutics are leading to increase in demand for new drugs and medicines. This in turn is increase in focus of research and development.
Increase in number of trade fairs and exhibitions are creating awareness about the benefits of digital pathology solution. For instance, the 2nd international conference of digital pathology was held in November 2017which brought together research scientist, pathologist and professors from different countries to discuss the complete digital solution for pathology. Thus, rise in awareness towards usage of digital pathology solutions for diagnosis of disorders and diseases is anticipated to drive the growth of market.
North America dominate the global digital pathology market in 2018and the trend is anticipated to continue during the forecast period. Well established healthcare infrastructure, early adoption of advanced solutions and vast patient pool are the factors anticipated to drive the global digital pathology market in the region.
Asia Pacific is likely to be a highly lucrative region for the digital pathology market and is expected to expand at a high CAGR during the forecast period. Demand for newer solutions, surge in geriatric population with various chronic diseases and growing government initiatives to improve healthcare infrastructure are key factors likely to boost the digital pathology market in Asia Pacific.
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Rising Adoption of Telepathology and Virtual Pathology to Drive Global Digital Pathology Market
IT and operations segments have rapidly expanded the use of virtualization technologies in the last few years. Pathology is considered to be visual science and telepatholgy and virtual pathology are the new landscape of diagnostic pathology
Recent advances in telecommunication, microelectronics, sensor manufacturing, and data analysis techniques have created new possibilities for telepatholgy and virtual pathology in digital pathology market
Telepatholgy is being practiced by many laboratories across the world and gaining popularity across the emerging economies which is expected to boost the growth of digital pathology market during the forecast period
Image Analysis Software Segment to Dominate Digital Pathology Market
In terms of products, the global digital pathology market has been segmented into image analysis software and scanners. The image analysis software segment dominated the global digital pathology market in 2018 and the trend is projected to continue during the forecast period. Rising awareness about healthcare IT and rising demand for integrated advanced technology products are the factors anticipated to drive the growth of segment
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Diagnostic Laboratories Segment Hold a Major Share of Global Digital Pathology Market
In terms of end-user, the global digital pathology market has been classified into diagnostic laboratories, academic & research centers, pharmaceutical companies and others
The diagnostic laboratories segment is likely to dominate the digital pathology market during the forecast period. Increasing number of diagnostics laboratories while scarcity of skilled pathologist across the globe is anticipated to fuel the growth of segment.
Diagnosis Segment to Dominate Global Digital Pathology Market
Based on application, the global digital pathology market has been segmented into diagnosis, consulting services, educational and others
The diagnosis segment dominated the global digital pathology market in 2018and trend is projected to continue during the forecast period. Rising awareness about early diagnosis and increase in patient pool are the factors anticipated to drive the growth of segment.
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North America to Dominate Global Digital Pathology Market
In terms of region, the global digital pathology market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global digital pathology market in 2018, followed by Europe.
North America accounted for major share of the global digital pathology market in 2018. High disease prevalence, presence of key players and supportive healthcare infrastructure are the major drivers of the digital pathology market in the region.
The digital pathology market in Asia Pacific is anticipated to expand at a high CAGR from 2019to Rising awareness about telepathology, rise in healthcare infrastructure, unmet medical needs and untapped nature of the market are the key factors for market growth in the region
Competitive Landscape
The global digital pathology market is fragmented in terms of number of players. Key players in the global digital pathology market include Leica Biosystems Imaging, Inc., OLYMPUS CORPORATION, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc. Koninklijke Philips N.V., Sectra AB and Inspirata
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Digital Pathology Market Rapid Technological Advancements, Revenue Drivers & Restraints Analysis
The global Digital Pathology Market is predicted to witness substantial growth in the coming years due to the increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.
Currently, digital pathology is indispensable to gain wide popularity since it greatly assists the healthcare professionals in diagnosis and treatment, specifically supports the education domain, used widely in research and development of a large number of drugs, and also it is an important tool for human laboratory practice on the global scale. It delivers improved analysis that helps physicians and experts in decision making, speedy access to emergency cases, and data storage for future predictive analysis, offers a live zooming option with multiple angle views, enables team annotation for slides, and reduces errors or misidentification.
The key drivers of the digital pathology market include increasing awareness of digital pathology across the globe and growing adoption, rising technological enhancement in the analysis software, increasing prevalence of cancer, high efficiency of pathological assessment, increased workload of pathologists, and delivery of superior results. However, strict regulations and significant costs of the systems are a few restraining factors in the digital pathology industry.
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Increasing focus on improving the efficiency of workflow and adoption of quicker diagnostic tools for chronic disorders is trending in the digital pathology market. Nonetheless, digital pathology has several advantages over traditional techniques, which are expected to offer lucrative opportunities for various applications.
With an aim of improving digital pathology services, Neuberg Diagnostics, a prominent player in the industry merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South Africa, this venture offers solutions for digitized tissue slides and telepathology demanded by medical institutes, hospitals, and physicians.
Moreover, since the digital pathology domain is gaining momentum in India, the associated instruments are significantly priced, making it difficult for the customers to purchase. But the services offered by this merger are predicted to support pathologists and private hospitals in terms of better-quality scanners, telepathology software platform, image management tools, along with Neuberg’s histopathology network.
The leading players are OLYMPUS CORPORATION, Sectra AB, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc., Leica Biosystems Imaging Inc., GE Healthcare, Inspirata, and Koninklijke Philips N.V.
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Digital Pathology Market To Reach US$ 1.08 Bn By 2027: TMR
Transparency Market Research (TMR) has published a new report titled, ‘Digital Pathology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global digital pathology market was valued at US$ 0.38 Bn in 2018 and is projected to expand at a CAGR of over 12.0% from 2019 to 2027.
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Overview
Digital pathology (DP) is an image-based platform that involves managing, analyzing and interpreting digital information reflected on a digitized slide. Digital pathology technologies are utilized in many application areas such as forensic pathology, oral pathology and human pathology. Digital pathology is poised to streamline the workflow and activities of diagnostic laboratories and pathologists in near future
Digital pathology market is currently booming owing to rise in research and development activities. Surge in incidence and prevalence of chronic diseases and demand for advanced therapeutics are leading to increase in demand for new drugs and medicines. This in turn is increase in focus of research and development.
Increase in number of trade fairs and exhibitions are creating awareness about the benefits of digital pathology solution. For instance, the 2nd international conference of digital pathology was held in November 2017 which brought together research scientist, pathologist and professors from different countries to discuss the complete digital solution for pathology. Thus, rise in awareness towards usage of digital pathology solutions for diagnosis of disorders and diseases is anticipated to drive the growth of market.
North America dominate the global digital pathology market in 2018 and the trend is anticipated to continue during the forecast period. Well established healthcare infrastructure, early adoption of advanced solutions and vast patient pool are the factors anticipated to drive the global digital pathology market in the region.
Asia Pacific is likely to be a highly lucrative region for the digital pathology market and is expected to expand at a high CAGR during the forecast period. Demand for newer solutions, surge in geriatric population with various chronic diseases and growing government initiatives to improve healthcare infrastructure are key factors likely to boost the digital pathology market in Asia Pacific.
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Rising Adoption of Telepathology and Virtual Pathology to Drive Global Digital Pathology Market
IT and operations segments have rapidly expanded the use of virtualization technologies in the last few years. Pathology is considered to be visual science and telepatholgy and virtual pathology are the new landscape of diagnostic pathology
Recent advances in telecommunication, microelectronics, sensor manufacturing, and data analysis techniques have created new possibilities for telepatholgy and virtual pathology in digital pathology market
Telepatholgy is being practiced by many laboratories across the world and gaining popularity across the emerging economies which is expected to boost the growth of digital pathology market during the forecast period
Image Analysis Software Segment to Dominate Digital Pathology Market
In terms of products, the global digital pathology market has been segmented into image analysis software and scanners. The image analysis software segment dominated the global digital pathology market in 2018 and the trend is projected to continue during the forecast period. Rising awareness about healthcare IT and rising demand for integrated advanced technology products are the factors anticipated to drive the growth of segment
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Diagnostic Laboratories Segment Hold a Major Share of Global Digital Pathology Market
In terms of end-user, the global digital pathology market has been classified into diagnostic laboratories, academic & research centers, pharmaceutical companies and others
The diagnostic laboratories segment is likely to dominate the digital pathology market during the forecast period. Increasing number of diagnostics laboratories while scarcity of skilled pathologist across the globe is anticipated to fuel the growth of segment.
Diagnosis Segment to Dominate Global Digital Pathology Market
Based on application, the global digital pathology market has been segmented into diagnosis, consulting services, educational and others
The diagnosis segment dominated the global digital pathology market in 2018 and trend is projected to continue during the forecast period. Rising awareness about early diagnosis and increase in patient pool are the factors anticipated to drive the growth of segment.
North America to Dominate Global Digital Pathology Market
In terms of region, the global digital pathology market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global digital pathology market in 2018, followed by Europe.
North America accounted for major share of the global digital pathology market in 2018. High disease prevalence, presence of key players and supportive healthcare infrastructure are the major drivers of the digital pathology market in the region.
The digital pathology market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Rising awareness about telepathology, rise in healthcare infrastructure, unmet medical needs and untapped nature of the market are the key factors for market growth in the region
Competitive Landscape
The global digital pathology market is fragmented in terms of number of players. Key players in the global digital pathology market include Leica Biosystems Imaging, Inc., OLYMPUS CORPORATION, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc. Koninklijke Philips N.V., Sectra AB and Inspirata
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants, uses proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Digital Pathology Market Will Grow at Highest Pace Owing to Cost Savings in Diagnosis
The digital pathology market involves the digitization of pathological slides to enable remote viewing, sharing, analysis, and diagnosis through virtual microscopy. The growing application of virtual microscopy in drug development and cancer research has boosted demand for digital pathology solutions. Digital pathology offers advantages over traditional glass slides such as reduced storage costs, automated scanning, easy sharing of samples, and integration with lab information systems and electronic health records. Moreover, digital pathology enables pathologists to analyze slides remotely and collaborate easily, thereby increasing diagnostic efficiency. The Global Digital Pathology Market is estimated to be valued at US$ 994.95 Mn in 2024 and is expected to exhibit a CAGR of 12.% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the digital pathology are Leica Biosystems Nussloch GmbH, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck KGaa, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., OracleBio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., and Nucleai, Inc. The increasing prevalence of cancer and other chronic diseases has boosted the demand for digital pathology solutions globally. Moreover, development of AI-based applications for disease diagnosis using whole slide images is expected to boost the digital pathology market growth. Growing demand for digital pathology solutions in drug development and academic research has resulted in increased sales of scanning systems, software, and storage solutions. Integration of digital pathology with laboratory information systems and hospital information technology infrastructure has improved diagnostic turnaround times. Technological advancements including whole slide imaging, multiplexing immunofluorescence, and artificial intelligence are finding increasing usage in digital pathology. AI-based image analysis can help detect patterns, biomarker expression, and provide quantitative results to assist pathologists. Data analytics tools are being used for clinical decision support, patient stratification, and treatment response analysis. Market Trends Increasing adoption of precision medicine and companion diagnostics is driving demand for quantitative data from digital pathology. Growing need for validated AI and deep learning algorithms for disease detection and prognosis analysis present significant opportunities. Scarcity of computational pathology experts and difficulties integrating digital pathology workflows into existing laboratory processes pose challenges. Market Opportunities Growing demand for computational pathology services from pharmaceutical companies for drug discovery and clinical trials present significant opportunities. Potential for telepathology and AI to reduce diagnostic turnaround times in understaffed regions and enhance global collaboration between pathologists.
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Digital Pathology Market Determined by Business Summary, Industry Profile, Products, Services and Solutions Forecast 2025
The global Digital Pathology Market is predicted to witness substantial growth in the coming years due to increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.
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Currently, digital pathology is indispensable to gain a wide popularity since it greatly assists the healthcare professionals in diagnosis and treatment, specifically supports the education domain, used widely in research and development of large number of drugs, and also it is an important tool for human laboratory practice on the global scale. It delivers improved analysis that helps physicians and experts in decision making, speedy access to emergency cases, and data storage for future predictive analysis, offers live zooming option with multiple angle views, enable team annotation for slides, and reduce errors or misidentification.
The key drivers of the digital pathology market include increasing awareness of digital pathology across the globe and growing adoption, rising technological enhancement in the analysis software, increasing prevalence of cancer, high efficiency of pathological assessment, increased workload of pathologists, and delivery of superior results. However, strict regulations and significant cost of the systems are few restraining factors in the digital pathology industry.
Increasing focus on improving the efficiency of workflow and adoption of quicker diagnostic tools for chronic disorders is trending in the digital pathology market. Nonetheless, digital pathology has several advantages over the traditional techniques, which is expected to offer lucrative opportunity for various applications.
With an aim of improving digital pathology services, Neuberg Diagnostics, a prominent player in the industry merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South Africa, this venture offers solution for digitized tissue slides and tele-pathology demanded by medical institutes, hospitals, and the physicians.
Moreover, since the digital pathology domain is gaining momentum in India, the associated instruments are significantly priced, making it difficult for the customers to purchase. But the services offered by this merger are predicted to support pathologists and private hospitals in terms of better-quality scanner, telepathology software platform, image management tools, along with Neuberg’s histopathology network.
The leading players are OLYMPUS CORPORATION, Sectra AB, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc., Leica Biosystems Imaging Inc., GE Healthcare, Inspirata, and Koninklijke Philips N.V.
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Market Segment:
Digital Pathology Technology Outlook (Revenue, USD Million; Volume, 000 Units, 2014 - 2025) • Whole Slide Imaging • Telepathology • Static • Dynamic
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Telemedicine Market Size, Revenue Share, Drivers & Trends Analysis, 2021–2027
The global Telemedicine market is forecast to reach USD 121.17 billion by 2027. Telemedicine is experiencing prospective opportunities in the field as rising adoption of IT in healthcare domain, rising geriatric population, increasing prevalence of target diseases and majorly the advantage of maximum reach in case of different medical crisis such as pandemic outbreak of COVID-19 or untapped target of population (rural areas or bedridden patients). Geriatric population is rapidly rising across the globe, and Europe and North America have the highest share of population with age of over sixty-five years and above. Telemedicine is emerging as crucial part of pandemic hit world, to remotely address many common medical conditions that are reflected among the old population such as Parkinson’s, diabetes, cardiovascular diseases, high blood pressure, and high cholesterol, arthritis and many more. According to the United Nations, in 2050, geriatric population are expected to account for 35% of the population in Europe, 28% in Northern America, 25% in Latin America and the Caribbean, 24% in Asia, 23% in Oceania and 9% in Africa. Traveling to hospitals for visits and unfamiliar environment of hospitals leads to non-compliance of patients to follow ups. Thus, tele-visits and telemedicine help in such situation to provide services remotely at their familiar environment.
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Further key findings from the report suggest
To avoid the obstruction due to lack of usage knowledge of physicians or healthcare providers market players are developing reference guidelines to boost the adoption of technology. For instance, the American Medical Association (AMA) has launched the AMA Telemedicine Quick Reference Guide, aimed at helping clinicians figure out best practices for implementing the tech. The guidelines cover everything from policy and coding to implementation
In April 2020, DrChrono launched fully integrated telemedicine app & marketplace for patients. Over 10,000 medical providers on the DrChrono platform have access to more telehealth options and receive more inbound requests to provide virtual care visits to patients, especially during COVID-19
Towards broadening the clientele field players are engaged in developing telemedicine solution for different users with personalized plans. For instance, in January 2020, Cigna an insurer from the U.S. in partnership with MDLive has launched a telehealth platform that gives its 12 million members in employee-sponsored health plans access to primary care services
North America dominated the ovulation testing at home with a revenue of USD 17.63 billion in 2019. In North America, rising prevalence of target diseases, growing adoption of advanced technologies, high investment on IT in healthcare solutions are major factors driving market growth.
The segment of software type has accounted for the highest market share in 2019. Broadly adoption of telemedicine and digital platform in healthcare and several software developments by key players are major factors booming the market growth of telemedicine software
Based on end use diagnostic centers are estimated to grow at the CAGR 15.5%. Imaging being the primary procedure in overall healthcare management and significant growth of teleradiology are the major factors promoting telemedicine market growth in diagnostic centers
Key participants in the Telemedicine market are MDLIVE, Teladoc, SteadyMD, Doctor on Demand, Maven Clinic, AMD Telemedicine, Aerotel Medical Systems Ltd., iCliniq, Polycom, HealthTap, Cardio Net Inc., Amwell, CVS Health, Synapse Medicine, Practo. The companies have focused on various strategies like new product launches, agreements, acquisitions, and merger to strengthen their market position and expand the market share
For the purpose of this report, Reports and Data have segmented into the global Telemedicine market on the basis of types, components, technologies, applications, end use and region:
Types Outlook (Revenue, USD Billion; 2017-2027)
Tele-Home
Tele-Hospital
Components Outlook (Revenue, USD Billion; 2017-2027)
Service
Tele-consultation
Tele-monitoring
Tele-education
Tele-care
Tele-training
Tele-surgery
Hardware
Monitors
Medical peripheral devices
Software
RIS (Radiology Information Systems)
DICOM (Digital Imaging and Communications in Medicine)
Picture Archiving and Communication System (PACS)
Electronic Medical Record (EMR)
Medical Billing Software
Practice Management Software
HIS (Healthcare Information System)
Others
Technology Outlook (Revenue, USD Billion; 2017-2027)
Store and Forward
Real-Time
Remote Patient Monitoring
Others
Applications Outlook (Revenue, USD Billion; 2017-2027)
Teleradiology
Telepsychiatry
Telepathology
Teledermatology
Telecardiology
Tele-Surgery
Teleneurology
Others
End Use Outlook (Revenue, USD Billion; 2017-2027)
Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Specialty Clinics
Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
North AmericaUS
EuropeUK France Germany Italy Spain Rest of Europe
Asia PacificChina India Japan Rest of Europe
MEA
Latin AmericaBrazil
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Digital Pathology Market Development and Future Demand Analysis Report
Transparency Market Research (TMR) has published a new report titled, ‘Digital Pathology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global digital pathology market was valued at US$ 0.38 Bn in 2018 and is projected to expand at a CAGR of over 12.0% from 2019 to 2027.
Overview
· Digital pathology (DP) is an image-based platform that involves managing, analyzing and interpreting digital information reflected on a digitized slide. Digital pathology technologies are utilized in many application areas such as forensic pathology, oral pathology and human pathology. Digital pathology is poised to streamline the workflow and activities of diagnostic laboratories and pathologists in near future
· Digital pathology market is currently booming owing to rise in research and development activities. Surge in incidence and prevalence of chronic diseases and demand for advanced therapeutics are leading to increase in demand for new drugs and medicines. This in turn is increase in focus of research and development.
· Increase in number of trade fairs and exhibitions are creating awareness about the benefits of digital pathology solution. For instance, the 2nd international conference of digital pathology was held in November 2017 which brought together research scientist, pathologist and professors from different countries to discuss the complete digital solution for pathology. Thus, rise in awareness towards usage of digital pathology solutions for diagnosis of disorders and diseases is anticipated to drive the growth of market.
· North America dominate the global digital pathology market in 2018 and the trend is anticipated to continue during the forecast period. Well established healthcare infrastructure, early adoption of advanced solutions and vast patient pool are the factors anticipated to drive the global digital pathology market in the region.
· Asia Pacific is likely to be a highly lucrative region for the digital pathology market and is expected to expand at a high CAGR during the forecast period. Demand for newer solutions, surge in geriatric population with various chronic diseases and growing government initiatives to improve healthcare infrastructure are key factors likely to boost the digital pathology market in Asia Pacific.
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Rising Adoption of Telepathology and Virtual Pathology to Drive Global Digital Pathology Market
· IT and operations segments have rapidly expanded the use of virtualization technologies in the last few years. Pathology is considered to be visual science and telepatholgy and virtual pathology are the new landscape of diagnostic pathology
· Recent advances in telecommunication, microelectronics, sensor manufacturing, and data analysis techniques have created new possibilities for telepatholgy and virtual pathology in digital pathology market
· Telepatholgy is being practiced by many laboratories across the world and gaining popularity across the emerging economies which is expected to boost the growth of digital pathology market during the forecast period
Image Analysis Software Segment to Dominate Digital Pathology Market
· In terms of products, the global digital pathology market has been segmented into image analysis software and scanners. The image analysis software segment dominated the global digital pathology market in 2018 and the trend is projected to continue during the forecast period. Rising awareness about healthcare IT and rising demand for integrated advanced technology products are the factors anticipated to drive the growth of segment
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Diagnostic Laboratories Segment Hold a Major Share of Global Digital Pathology Market
· In terms of end-user, the global digital pathology market has been classified into diagnostic laboratories, academic & research centers, pharmaceutical companies and others
· The diagnostic laboratories segment is likely to dominate the digital pathology market during the forecast period. Increasing number of diagnostics laboratories while scarcity of skilled pathologist across the globe is anticipated to fuel the growth of segment.
Diagnosis Segment to Dominate Global Digital Pathology Market
· Based on application, the global digital pathology market has been segmented into diagnosis, consulting services, educational and others
· The diagnosis segment dominated the global digital pathology market in 2018 and trend is projected to continue during the forecast period. Rising awareness about early diagnosis and increase in patient pool are the factors anticipated to drive the growth of segment.
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North America to Dominate Global Digital Pathology Market
· In terms of region, the global digital pathology market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global digital pathology market in 2018, followed by Europe.
· North America accounted for major share of the global digital pathology market in 2018. High disease prevalence, presence of key players and supportive healthcare infrastructure are the major drivers of the digital pathology market in the region.
· The digital pathology market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Rising awareness about telepathology, rise in healthcare infrastructure, unmet medical needs and untapped nature of the market are the key factors for market growth in the region
Competitive Landscape
· The global digital pathology market is fragmented in terms of number of players. Key players in the global digital pathology market include Leica Biosystems Imaging, Inc., OLYMPUS CORPORATION, F. Hoffmann-La Roche Ltd, Mikroscan Technologies, Inc. Koninklijke Philips N.V., Sectra AB and Inspirata
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants, uses proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com/
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