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Global Digital Pathology Market growing at a CAGR of 12.5% during (2018-2025)-Big Market Research

Digital pathology is a dynamic, image-based environment that enables the acquisition, management and interpretation of pathology information generated from a digitized glass slide. Digital pathology is rapidly gaining momentum as a proven and essential technology; with specific support for education, tissue-based research, drug development, and the practice of human pathology throughout the world. It is an innovation committed to the reduction of laboratory expenses, an improvement of operational efficiency, enhanced productivity, and improving treatment decisions and patient care.

The global digital pathology market is expected to reach US$ 992.1 Mn in 2025 from US$ 389.7 in 2017. The market is estimated to grow with a CAGR of 12.5% from 2018-2025.

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Top Market Players: 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., Visiopharm, Indica Labs, Inc.

Market Insights
Technological Advancements in Digital Pathology
The advancement is the field of the healthcare industry is driving to the players for more research and developments for the imaging devices and the required software for the digital pathology devices. The advanced systems helps labs and hospitals to add value to the testing services as this improves the performance to influence information technology. The advanced health information technology can be deployed within pathology labs and pathology groups specifically to meet the change of patient expectations, along with this it supports the needs of physicians for optimal workflow. For instance, Aperio ePathAccess of the Leica Biosystems is software which enables sharing of the digital pathology images and case data with the experts outside the information technology network.

Teleconsultation: Availability of Disease Diagnosis in Remote Areas
The concern of the people staying in the remote regions is for travelling to the urban areas for the diagnosis of the diseases. The follow up for the results becomes difficult but with the help of the digital pathology the gap between the patients and diagnosing centers is bridged. Digital pathology has helped patient to reduce their travelling time and the cost of the treatments. In addition, the digital pathology set up is easy to adopt in the rural labs and the hospitals. Thus these factors are driving the growth of the digital pathology market.

Product Insights
The digital pathology market by product is segmented into scanner, software, communication system, and storage systems. Scanner segment is poised to grow with a largest market share of ~55.5% from 2016-2025. The segment is growing due to the technological advancement that has added integrated software along with the scanners for further analysis, edit, manage and share the virtual slides. Owing to these factors, the market for scanner is anticipated to surge during the forecast period from 2016 to 2025, at a significant rate.

End User Insights
On the basis of end user, the digital pathology market is segmented into pharmaceutical and biotechnology companies, hospitals and academic and research institutes. The pharmaceutical and biotechnology companies are expected to have a highest CAGR of 12.8% in the forecast period. Digital pathology solution helps these companies to maintain the records and for effective workflow management of the workflow.

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Table of Contents
Chapter 1: Introduction
Chapter 2: Global Digital Pathology Market – Key Takeaways
Chapter 3: Global Digital Pathology Market – Market Landscape
Chapter 4: Global Digital Pathology Market – Key Market Dynamics
Chapter 5: Digital Pathology Market – Global Analysis
Chapter 6: Digital Pathology Market – Global Regulatory Scenario
Chapter 7: Global Digital Pathology Market Analysis– By Type
Chapter 8: Global Digital Pathology Market Analysis– By Application
Chapter 9: Global Digital Pathology Market Analysis– By End User
Chapter 10: North America Digital Pathology Market Revenue and Forecasts To 2025
Chapter 11: Europe Digital Pathology Market Revenue and Forecasts To 2025
Chapter 12: Asia-Pacific Digital Pathology Market Revenue and Forecasts To 2025
Chapter 13: Middle East & Africa Digital Pathology Market Revenue and Forecasts To 2025
Chapter 14: South and Central America Digital Pathology Market Revenue and Forecasts To 2025
Chapter 15: Digital Pathology Market –Industry Landscape
Chapter 16: Digital Pathology Market – Key Company Profiles
Chapter 17: Appendix

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Jena Davydova

Chief editor of review team at The Innovative Reports and Market Research Analyst, Jena is an expert in the area of B2B and SaaS related products. She has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.

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