Global Digital Pathology Market: Rapid Technological Advancements in Digital Pathology System is the Factor Attributing Towards Strong Industry Growth

The global digital pathology market is expected to grow at the growth rate of 10.8% to reach USD 910.8 million by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 101 pages.

Digital pathology is an emerging field that empowers many pathologists with a complete connected integrated digitalized pathology solution, designed to optimize workflow and productivity. This prime aim behind the integration of digital pathology is to improve the quality of disease diagnostics and to reduce diagnosis cost. Rising incidence of chronic disease conditions, introduction of novel digital pathology techniques, coupled with increasing investment of new emerging players in this market drive the market growth to great extent. For example, international organizations such as the World Health Organizations, CDSCO has stated that chronic diseases such as cancer, diabetes, cardiovascular problems and other are increasing at rapid pace across the globe. This would, in turn, boost the uptake of digital pathology, leading to drive market growth. On other side, lack of reimbursement for digital pathology enabled services is act as market restraint for the growth of market. Currently,fwhole reimbursement policies are weak and Centers for Medicare & Medicaid Services suggests the recommendation for the improvement of these policies for encouraging quantitative, modern testing which serves to benefit the patient.

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Digital pathology market is divided into technology and application segment. Technology segment is divided into Whole Slide Imaging and Telepathology. Whereas, Telepathology segment is further categorized into Static and Dynamic. Telepathology is the method of digital pathology which uses telecommunication facilities to transfer digital images between distant locations. The telepathology market is gaining wider acceptance due to analytical and technical advancements in this sector such as digital imaging, computerization, robotic light microscopy and multiple fiber optic communications. Application segment is categorized into Educational Research, Drug Development, and Disease Diagnosis. Disease Diagnosis market segment of digital pathology is anticipated to witness the fastest growth over the forecast period owing to rising incidence rates of cancer and diabetes all over the world. Digital pathology market has been impacted by the development of whole slide imaging (WSI) technology for diagnostic purposes.

Regionally, the market is divided into North America, Europe, Asia Pacific and Rest of the World. Developed regions such as North America and Europe recorded highest share of the global market owing to the rising product demand coupled with technological advancements. On other side, developing regions such as the Asia Pacific and Latin America is growing at constant growth rate over the forecast period. Increasing incidence of chronic diseases will drive the market growth in these regions. According to a report by the WHO, more than 1.41 million cancers were misdiagnosed during the year 2015-2016 and the diagnosis of cancer is projected to increase by 70% in the next two decades.

The global digital pathology market is consolidated in nature. Leica Biosystems, Olympus Corporation Hamamatsu Photonics Inc., GE healthcare, Nikon Instruments Inc., Ventana Medical Systems Inc., and Phillips Healthcare, were the most dominating participants of the market in 2016. For instance, GE healthcare owing to its extensive product portfolio due to exclusive distributorship for Omynx products held the largest market share. Key factors attributing to the aforementioned conclusion include the presence of an extensive product portfolio and its wide presence globally. Such initiatives are also conducted by other major participants to capture a significant share of the global market.

Browse full report with in-depth ToC on “Digital Pathology Market, By Technology (Whole Slide Imaging, and Telepathology), By Application (Educational Research, Drug Development, and Disease Diagnosis) and Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
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The scope of this report covers the market by its major segments, as follows: Market, by technology: Whole Slide Imaging, and Telepathology; Market, by application: Educational Research, Drug Development, and Disease Diagnosis;

Market by Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa and Rest of the World; Market, by Country: U.S., Canada, Germany, France, India, and China; Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):
Hamamatsu Photonics Inc.
Leica Biosystems
Olympus Corporation
GE healthcare
Nikon Instruments Inc.
Ventana Medical Systems Inc.

Key benefits of the report:
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of the region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

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