The global digital pathology market is anticipated to grow at a significant CAGR during the forecast period. Digital pathology devices serve as important tools for pathologists. The accomplishments in the digital pathology field have improved the workflow of labs, thereby enhancing the pathologist’s role in diagnostics. In addition, digital pathology devices are majorly being used in the R&D of personalized targeted medications. Improvement has been witnessed in the performance of diagnostic pathology tools, as these devices are equipped with digital image processing devices, which are used for the analysis of non-small lung cancer, colorectal cancer, and breast cancer, thus driving the growth of the digital pathology market. Chronic diseases such as cardiac diseases, cancer, chronic lung diseases, stroke, and type 2 diabetes account for most of the deaths in the US and globally. Each year, chronic diseases are responsible for 7 in 10 deaths in the US, accounting for the majority of healthcare costs. Therefore, a rise in the prevalence of chronic diseases is projected to boost the demand for digital pathology devices, which significantly contributes toward the market growth
Further, rapid technological advancements propel vital changes in the medical sector. Thus, the digitalization process is now extensively referred to as the Fourth Industrial Revolution, due to the current breakthroughs. Moreover, being one of the world’s largest industries, the healthcare sector is critically affected by this technology-driven revolution that is expected to change everyday lives. For instance, the digitization of pathology labs makes them more efficient, the work of pathologists less complicated, and the specimens more reproducible. The digital whole-slide imaging (WSI) technique allows to capture and visualize the entire tissue on a slide, unlike the narrow field of view that a microscope provides. Thus, the utilization of digital pathology across various medical settings offers tremendous potential for improving workflow and interpretive accuracy, which propel the growth of the market.
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Digital Pathology Market Report Segment
By Products
- Devices
- Software
- Storage System
By End-User
- Biotechnology and Pharmaceutical Companies
- Hospitals
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
COMPANY PROFILES
- 3DHISTECH LTD.
- APOLLO PACS INC.
- AURORA INTERACTIVE LTD.
- BARCO
- DEFINIENS AG
- DIGIPATH INC.
- HURON TECHNOLOGIES INTERNATIONAL INC.
- INDICA LABS INC.
- LEICA MICROSYSTEMS GMBH
- LIGOLAB LLC
- MICRODIMENSIONS
- MIKROSCAN TECHNOLOGIES INC.
- NIKON INSTRUMENTS INC.
- PATHXL
- PIXCELLDATA LTD.
- PROSCIA INC.
- SECTRA
- SUNQUEST INFORMATION SYSTEMS
- SYSMEX CORPORATION
- VENTANA MEDICAL SYSTEMS INC.
- VIEWSIQ
- VISIOPHARM
- XIFIN INC.
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