Global Digital Pathology Market Analysis Report 2016-2024


Posted September 12, 2018 by Steveblade

The global digital pathology market is estimated to reach USD 7.1 billion by 2024 at the considerable CAGR of 16% over the forecast period.
 
Digital pathology is more than the conversion of the glass slide to digital media, it decreases the time and cost of diagnosis by giving pathologists tools to automate manual and time-consuming tasks.

According to Goldstein Research, the global digital pathology market is segmented based on product, applications and end user. Products segment is further bifurcated into whole slide imaging, image analysis-informatics, information management system storage & communication and others. Whole slide imaging is the highest revenue-generating segment and is projected to grow at a CAGR of 13.65% over the forecast period while on the basis of end-user segment hospitals & diagnostic lab along with pharma & biotech companies comprises 70% market share of total digital pathology market.

On the basis of regional research, North America, Europe & APAC are three competitive regions which are growing fast, where APAC would exhibit the highest CAGR of 25% over the forecast period 2016-2024 owing to the developing role in companion diagnostics and drug development pipeline.

“Digital Pathology Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the healthcare industry. The study conducted on the basis of intense primary research where the analysts collect the data from various databases such as Bloomberg, Factiva, Owler and others (surveys, interviews of market professionals, industry consultants).
Our primary research team conducted various interviews, surveys and group discussions of industry digital pathology manufacturers, suppliers, and distributors, pharmaceutical & biotechnology companies, cosmetic product manufacturers, healthcare institutions, clinical centres, medical research laboratories and academic medical centres and universities to analyze the future prospects of the overall healthcare industry.

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Market Segmentation

Global Digital Pathology Market Segmentation can be classified on the basis of:

By Product
• Whole Slide Imaging
• Image Analysis-Informatics
• Information Management System Storage & Communication
• Others

By Application
• Academic Research
• Disease Diagnosis
• Secondary Consultations
• Telepathology

By End-User
• Pharma & Biotech Companies
• Hospital & Diagnostic Centers
• Educational Institutes
• Contract Research Organizations

By Geography
• North America (US, Canada) Digital Pathology Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Digital Pathology Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) Digital Pathology Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) Digital Pathology Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Digital Pathology Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse Full Report: https://www.goldsteinresearch.com/report/digital-pathology-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Trends, Drivers and Challenges

European pathologists are the second largest users of digital pathology, first being North America. Few successful pathology projects in Europe Union are leading to the higher adoption of digital pathology, for instance, RIDPATH which is the 1st European project for academic and industrial collaboration for digital pathology in order to generate huge volumes of whole slide and tissue microarray images which are providing new insights into the causes of most devastating diseases.

Digital pathology accredits the pathologist to engage, evaluate, and collaborate rapidly and remotely, with transparency and consistency, thus improving efficiency and productivity of the pathology, along with enhancing the future of digital pathology. Nevertheless, challenges like untrained medical personnel, limited adoption due to the availability of traditional pathology, mindset of technophobic pathologists, image storage concern due to large data, LIS integration concerns, reimbursement issues and limited clinical test menu curtail the penetration of digital pathology.

“Digital Pathology Market Report” has been prepared based on an in-depth market analysis from industry experts. The market research report covers the competitive landscape and current position of major players in the market space.

The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global digital pathology market report also recognizes value chain analysis to understand the cost differentiation to provide the competitive advantage to the existing and new entry players.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Last Updated September 12, 2018