Digital Pathology market will escalate rapidly in the near future

The proposed Digital Pathology market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The digital pathology market is expected to grow from US$ 852.08 million in 2021 to US$ 1,892.40 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.

Digital pathology comprises the gaining, organizing, sharing, and interpretation of pathology information. The process involves converting the glass slides into digital pathology slides using digital pathology scanning solutions. A digital slide image file is then generated, which allows the high resolution viewing, interpretation, and image analysis of digital pathology slides.

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Furthermore, the Digital Pathology market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.

The structure of the Digital Pathology market report can be categorized into following sections:

Section 1: scope of the report & research methodology

Section 2: key takeaways

Section 3: market variables & their impact on growth and analytical tools providing high level insights into the market dynamics and growth pattern

Section 4: market estimates and forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2021 to 2028). Regional and country level estimates and forecasts for each category which are summed up to form the global market.

Section 5: competitive landscape. Attributes such as strategy framework, competitor categorization are included to provide elaborate details on the market structure & strategic undertakings as well as their impact.

Product Insights

Based on product, the global digital pathology market is segmented into scanners, software, storage, communication systems. In 2020, the scanners segment held the largest share of the market. However, the software segment is expected to register the highest CAGR during 2021–2028. Scanner helps in producing quick, reliable, and high-resolution images of cells. It also helps pathologists, histologists, and other medical professionals to scan slides and upload an image on the network for remote access and to collaborate it among the peers. The market for the scanners segment is anticipated to grow in the future owing to the increasing use of scanners in digital pathology.

Application Insights

Based on application, the global digital pathology market is segmented into telepathology, disease diagnosis, drug discovery, and training and education. In 2020, the drug discovery segment held the largest share of the market. However, the same segment is expected to register the highest CAGR during 2021–2028. The market growth for the drug discovery segment is attributed to factors such as the central benefit of digital pathology in pharmaceutical research to apply image analysis algorithms for reducing subject interpretations, growing awareness about neurological disorders, and the availability of advanced EEG products. This is critically important to automate dull tasks such as counting cells of interest or estimating protein expression in immunohistochemical assays. Thus, owning to these factors companies also contribute in generating the revenues and for the market growth for the digital pathology segment.

End User Insights

Based on end user, the digital pathology market is segmented into educational, clinical, and pharma and biotech companies. The pharma and biotech companies segment held the largest market share in 2020. However, the same segment is expected to be the largest shareholder in the market by 2028. Pharmaceutical and biotechnology companies are taking initiatives to manage their work digitally. The companies are constantly engaged in discovering molecules and biomarker for drugs or therapies. Digital pathology aids in transforming global pharmaceutical research by enabling data sharing to pharmaceutical companies and R&D labs. Owing to all the above-mentioned factors, the market for the pharma and biotech companies’ segment is likely to grow in the coming years.

The prominent/emerging players in the Digital Pathology market research include:

  • Koninklijke Philips N.V.
  • Nikon Corporation
  • Perkin Elmer, Inc.
  • Indica Labs
  • 3DHISTECH Ltd.
  • Danaher
  • Hamamatsu Photonics K.K.
  • HOFFMANN-LA ROCHE LTD.
  • Visiopharm A/S
  • Glencoe Software, Inc.

The Digital Pathology market company profiles are individually represented for all major participants and indices such as financial performance, strategic initiatives, product portfolio & company overview.

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Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “financial performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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The Digital Pathology market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

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