Digital Pathology Market Regional Overview, Business Status, Latest Technology And Opportunities


Posted April 24, 2023 by ggchetana

Digital Pathology Market size was valued at USD 828 Mn. in 2021 and the total Digital Pathology revenue is expected to grow at 13.8% from 2022 to 2029, reaching nearly USD 2328.99 Mn.
 
Digital Pathology Market Overview

Maximize Market Research provides a detailed analysis of Digital Pathology Market, as well as the most up-to-date market snapshots and a comprehensive understanding of its characteristics. The Digital Pathology Market report gives a high-level overview of the market, with standard subjects emphasized & data modified as necessary. The analysis in the report determines how to approach the market and comprehend the current state of the sector. The research was used to investigate the global Digital Pathology market, and the results are logically presented in the report. Other elements such as supply and demand chains, imports and exports, distribution networks, consumption, and production capacity help business owners, stakeholders, and field marketers gain a competitive advantage are covered in the Digital Pathology market report.

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Digital Pathology Market Scope

The report on Digital Pathology Market includes the market size and growth rate along with a thorough regional analysis, competitive landscape and segment-wise analysis of the industry. Key insights provided by the report include the major drivers of the Digital Pathology Market, the challenges faced by the market participants and growth prospects in the Digital Pathology industry across the globe. Data for the analysis was collected using primary and secondary research methods for Digital Pathology Market report. Primary research includes surveys, questionnaires and telephonic interviews while secondary research includes journals, white papers, government sites and paid & unpaid databases. Qualitative and quantitative methods of analysis were used in the report to draw inferences from the data collected through primary and secondary research. Tools such as SWOT, PESTLE and Porter’s Five Force analysis were used for analysing the Digital Pathology Market.

Market Dynamics:

By reducing expenses, speeding up turnaround times, and arming users with subject-matter knowledge, digital pathology improves lab efficiency. Patients and clinicians rely on lab data for diagnosis, therefore increasing lab efficiency is essential. Diagnostic tests must be performed and reported quickly and accurately. Similar to how pathologists may get digitised slides through web services, which cuts down on trip and shipping costs. Lockdowns and social seclusion measures have been implemented as a result of the COVID-19 pandemic's outbreak. Due to these restrictions, there is a greater need for digital pathology technologies that enable pathologists to remotely analyse diagnostic data for primary diagnosis.

Market Segmentation :

By Application, the market was dominated by the Drug Discovery segment in 2021 with the greatest market share, and it is anticipated that this dominance will persist at the conclusion of the forecast period. Rising R&D costs, brought on by the necessity of carrying out numerous preclinical and clinical studies during the drug discovery and development process, are the main factor driving segment expansion.

Digital pathology is an innovative technology that provides an image-based environment for managing and interpreting the data generated by a digitized glass slide, resulting in significant improvements in pharmaceutical drug development across discovery, preclinical GLP pathology, and oncology clinical trials. As a result, the need for DP in drug development is growing. Digital pathology is revolutionizing global pharmaceutical research by allowing data exchange to connect disparate pharma-pathology laboratories all over the globe.

Hospitals and Reference Laboratories held the greatest market share by conclusion-User in 2021, and it is anticipated that they will continue to rule the market at the conclusion of the forecast period. The segment's dominance is a result of the big hospitals' increased provision of pathology services and hospital admissions. The segment's growth is anticipated to be supported by strategic alliances with renowned hospitals to deliver cutting-edge solutions and by greater utilisation of digital technology brought on by an increase in foot traffic.

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Key Players

• Glencoe Software (US)
• Inspirata, Inc. (US)
• PathAI Inc. (US)
• Proscia Inc. (US)
• Apollo Enterprise Imaging (US)
• Akoya Biosciences (US)
• Corista (US)
• Indica Labs (US)
• XIFIN, Inc. (US)
• PerkinElmer Inc. (US)
• Mikroscan Technologies (US)
• Motic (US)
• OptraSCAN (US)
• General Electric (US)
• Pathcore (Canada)
• Objective Pathology Services (Canada)
• Huron Digital Pathology (Canada)
• Leica Biosystems (Germany)
• Olympus Corporation (Japan)
• Hamamatsu Photonics (Japan)
• Koninklijke Philips N.V. (Netherlands)
• F. Hoffmann-La Roche Ltd. (Switzerland)
• 3DHISTECH (Hungary)
• Visiopharm A/S (Denmark)
• Aiforia Technologies Oy (Finland)
• Sectra AB (Sweden)
• Kanteron Systems (UK)
• Agfa-Gevaert Group (Belgium)

Regional Analysis

Each regional Digital Pathology market is thoroughly studied to determine its current and future growth prospects. This information helps clients to grow their businesses. The Digital Pathology market report covers all five regions and their country-wise distribution. Their Digital Pathology market size and trends are also included in the report.

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Key Questions answered in the Digital Pathology Market Report are:

What is Digital Pathology ?
What was the Digital Pathology market size in 2021?
What is the forecast period of the Digital Pathology market?
What will be the Digital Pathology market size by 2029?
What is the growth rate of the Digital Pathology Market?
Which factors are expected to influence the Digital Pathology Market growth?
What factors are expected to hamper the Digital Pathology Market growth?
Which segment dominated the Digital Pathology Market growth?
What is the demand pattern for the Digital Pathology market?
Which region held the largest share in the Digital Pathology market?
Who are the key players in the Digital Pathology market?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Digital Pathology
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:

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Issued By ggchetana
Country India
Categories Business
Tags digital pathology market
Last Updated April 24, 2023