The global digital pathology market
is segmented on the basis of type, application, end-user and region. The type
segment is further sub-segmented into hardware, software and services. Hardware
digital pathology segment is expected to occupy the top position in the market.
The demand for hardware digital pathology is increasing on account of increasing
usage of hardware digital pathology for analysis and detection of diseases.
The
global digital pathology market is expected to register a CAGR of 11.6% over
the forecast period.
Moreover, the market of digital pathology was valued at USD 337.8 Million in
2016 and is expected to expand on the back of the expanding prevalence of
chronic diseases.
The disease diagnosis segment
application is estimated to register a CAGR of 11.1% during the forecast
period. Moreover, disease diagnosis is expected to account for the largest
share of revenue across the globe. Disease diagnosis digital pathology
integrates image processing and computing algorithm which results in efficient analysis
of tissue slide and disease detection. These benefits are pushing hospitals to
adopt disease diagnosis digital pathology system.
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Increasing Prevalence of Chronic
Diseases
The digital pathology market growth
is primarily driven by the rising number of diseases. Further, in order to
provide better healthcare services to the patients, various hospitals are
adopting digital pathology system. Moreover, the rising number of hospitals and
diagnostic laboratories are likely to increase the demand for the digital
pathology market.
Advanced Technologies in Digital
Pathology
The technological advancement is
leading to the increased adoption of the digital pathology across the globe.
The high accuracy and precision, computer algorithms analysis are anticipated
to foster the growth of digital pathology market. Moreover, utilization of
digital pathology system in research institutes is further propelling the
growth of the market. The integration of the digital pathology with cloud
technology is further driving the growth of the market.
Although, the high cost of diagnosis
testing, lack of skilled healthcare professionals are some of the factors that
are likely to inhibit the growth of the digital pathology market in the near
future.
The report titled “Global Digital Pathology
Market Outlook 2023” delivers detailed overview of the global digital pathology market in terms of
market segmentation by type, application and end user.
Further, for the in-depth analysis, the report encompasses
the industry growth drivers, restraints, supply and demand risk, market
attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the
existing competitive scenario of some of the key players of the global digital
pathology market which includes company profiling of Leica Biosystems Nussloch
GMBH, GE Healthcare, Ventana Medical Systems, Inc., Hamamatsu Photonics K.K., Apollo
Enterprise Imaging Corporation, Xifin, Inc., Definiens AG. The profiling
enfolds key information of the companies which encompasses business overview,
products and services, key financials and recent news and developments. On the
whole, the report depicts detailed overview of the global digital pathology market
that will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
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more about this research, kindly visit: http://www.researchnester.com/reports/digital-pathology-market-global-demand-analysis-opportunity-outlook-2023/176
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