The global Digital Pathology Market was worth USD 878.96 million in 2022 and is anticipated to amplify at a CAGR of 9.3% over 2023-2033, thereby accumulating USD 1,790.33 million by end of the analysis timeline.
Market Overview
The term "digital pathology market" often describes a dynamic, image-based system that has made it possible to organize, acquire, and evaluate pathology data created from a digitalized glass slide. The field of digital pathology is rapidly gaining traction as a necessary technological advancement with particular applications in drug development, teaching, tissue-based research, and human pathology practice worldwide. The significance of digital pathology lies in its ability to minimize human error while generating accurate diagnostic outcomes quickly. Digital pathology also facilitates the acceleration of repetitive tasks.
A research pipeline is benefiting from digital pathology technology in two ways. The first one is the designated applications for file storage and viewing, which are useful for organizing tissue microarrays, whole slide images, and macroscopic images. The creation and use of image analysis methods is the second way that digital pathology is being used in research. Growth in the global digital pathology market is mostly due to increased need for precise diagnoses, an increase in the prevalence of cancer, and the creation of innovative digital pathology systems by numerous prominent players. The digital pathology market for digital pathology has expanded due in part to the rising incidence of cardiovascular and chronic illnesses as well as the growing requirement for digital pathology systems.
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Digital pathology market Segmentation
The digital pathology market is divided into hardware, software, and storage systems segments based on the products offered. The global market's greatest share belonged to the hardware category. The growing need for hardware items is attributed to the rise in the number of laboratories conducting in-vitro tests and the growing need for rapid results. These factors are expected to propel the segment's expansion.
Regional Insights
The five primary countries that make up the global digital pathology market are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Globally, North America has dominated the market for digital pathology. This is a result of the growing number of instances of cancer of all kinds, the existence of important figures, and the growth of the healthcare industry.
Segmental Coverage
Application
- Glass
- Foundries
- Construction
- Ceramics
- Chemical industry
Geography
- North America
- Europe
- Asia Pacific
- and South and Central America
Regional Insights
The Global Digital Pathology Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin Americ and Middle East and Africa
North America has dominated the digital pathology market, worldwide. This is because of the rising number of various types of cancer cases, and also presence of key players, as well as development of the healthcare sector.Market Leaders and Key Company Profiles
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Key Companies
- BiosystemsBiosystems
- Leica Biosystems
- Koninklijke Philips N.V.
- Hamamatsu Photonics
- Hoffmann-La Roche Ltd.
- 3DHISTECH
- Apollo Enterprise Imaging
- XIFIN
- Huron Digital Patholog
- Visiopharm A/S
- Aiforia Technologies Oy
- Akoya Biosciences
- Corista
- Indica Labs
- Objective Pathology Services
- Sectra AB
- OptraSCAN
- Glencoe Software
- KONFOONG BIOTECH INTERNATIONAL CO.
- LTD
- Inspirata
- PathAI
- Proscia Inc.
- Kanteron Systems
- Mikroscan Technologies
- Motic
- Paige
- and Others.
End Users Insights
In the digital pathology market, the clinical segment is expanding for a number of reasons. The growing usage of digital pathology technology in clinical settings for diagnosis, research, and education is one of the primary factors propelling this market's growth. Digital pathology improves patient outcomes by enabling quicker and more precise disease diagnosis as well as real-time picture and data sharing among medical experts.
In particular, one such technology that has transformed the pathology sector is AI-powered digital imaging, which makes it possible to scan patient samples in large quantities. To put things in perspective, AI-based digital pathology, often known as AI pathology, is the gathering, organizing, processing, and dissemination of data in a digital environment (via digital slides). By using a scanning device to scan traditional glass slides, digital slides are produced through this technique. The resulting high-resolution digital image can be seen on a computer screen or a mobile device.
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