“Digital Pathology Market: Global
Demand Analysis & Opportunity Outlook 2023”
The global digital pathology market
is segmented into type such as hardware, software and services. Among these
segments, hardware digital pathology segment is expected to occupy top position
in overall digital pathology market during the forecast period. Rising
utilization of digital pathology for analysis and detection of diseases is the
major driving factor of the digital pathology market. However, services segment
is projected to witness highest CAGR during the forecast period. Further,
complexities in implementation and integration services of diagnostic solutions
are anticipated to impel the growth of this segment.
Global digital pathology market
is expected to flourish at a CAGR of 10.6% over the forecast period. Moreover,
the global digital pathology market is anticipated to garner USD 762.2 Million
by the end of 2023. Rising healthcare IT spending is expected to propel the
growth of the digital
pathology market. For
instance, healthcare providers spent USD 40 Billion annually in 2015 on IT
programs while clinical healthcare IT spending reached USD 15.6 Billion in
2014.
The market of disease diagnosis
by application is projected to register a CAGR of 11.1% during the forecast
period. Additionally, disease diagnosis market is expected to account for the
largest share of revenue across the globe. Further, benefits such as efficient
analysis of tissue slide and disease detection is expected to drive the growth
of disease diagnosis segment during the forecast period. However,
tele-consultation is anticipated to grow at highest pace during the forecast
period.
Rising Number of Chronic Diseases
Increasing cases of chronic
diseases across the globe is anticipated to foster the growth of digital
pathology market during the forecast years. Moreover, high adoption rate of
digital pathology system by hospitals and diagnostic laboratories is envisioned
to bolster the growth of digital pathology market.
Technological Advancement in Digital pathology
Technological advancements in
digital pathology such as high precision, accuracy and computer algorithm
analysis are expected to trigger the growth of digital pathology market in the
upcoming years. Apart from this, growing usage of digital pathology in research
institutes is also anticipated to foster the growth of digital pathology market.
Although, high cost of digital
pathology systems is likely to inhibit the growth of the global digital
pathology market in the near future.
The
report titled “Digital Pathology Market: Global
Demand Analysis & Opportunity Outlook 2023”
delivers
detailed overview of the global digital pathology market in terms of market
segmentation by product type, by application, by end user and by region.
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.
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. and 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.
About Research
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