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Digital Pathology Market by Top Manufacturers – Olympus Corporation, Leica Biosystems, Philips Healthcare, Wipro GE Healthcare Pvt Ltd, Ventana Medical Systems, Hamamatsu Photonics

12-24-2018 09:51 AM CET | IT, New Media & Software

Press release from: Big Market Research

Digital Pathology Market

Digital Pathology Market

The Digital Pathology Market was worth USD 288.45 million in 2014 and is expected to reach approximately USD 829.27 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.45% during the forecast period. Expanded focus on enhancing work process proficiency and quicker diagnostic tools for chronic ailments, for example, cancer, has been a key factor for surge popular for advanced pathology.

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The rising pervasiveness of chronic conditions is anticipated to drive the market which is expected to surge clinical urgency to receive computerized pathology keeping in mind the end goal to enhance existing poor patient diagnostic imaging measures and diminish high cost related with these customary diagnostics. Increasing aged population that is vulnerable to chronic diseases is also foreseen to boost demand for technologically advanced diagnostic methods over the forecast period.

Technology Outlook and Trend Analysis
Whole slide imaging fragment ruled on the basis of profit in 2016. Expanding adoption of this system for research exercises and improved determination are the key contributing elements for market development. This technology is anticipated to encounter lucrative development over the conjecture time frame inferable from advancement in amplification and examining of slides at Z axis, which is offered by entire slide imaging. The adoption of telepathology is moderately low and this records for a relatively smaller share in 2016.

Application Outlook and Trend Analysis
The academic research section ruled the market, inferable from its wide applications in different research strategies, for example, biomarker profiling and tumour morphological study. The diagnosis section is anticipated to witness speediest development rate over the figure time frame because of expanding predominance of chronic diseases. Additionally, the attention of manufacturers on the improvement of novel and quick symptomatic systems is foreseen to help development.

Regional Outlook and Trend Analysis
In 2016, North America held the biggest income share of the digital pathology market. The consistent arrangement of R&D investments, steady government activities relating to the improvement of technologically propelled systems, raising adoption of computerized imaging, and the existence of significant players in this district are the key contributing variables for its dominance. Asia Pacific is anticipated to develop at the speediest CAGR of over the forecast period.

Competitive Insights
The leading players in the market are Olympus Corporation, Leica Biosystems, Philips Healthcare, Wipro GE Healthcare Pvt Ltd, Ventana Medical Systems, Hamamatsu Photonics, 3DHistech Inc and Omynx LLC. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Cost Effectiveness of Digital Pathology System
3.2.1.2. Rapid Technological Advancement
3.2.2. Restraints
3.2.2.1. Lack of Reimbursement for Digital Pathology Enabled Services
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
5. Digital Pathology Market, By Application
5.1. Introduction
5.2. Global Digital Pathology Sales, Revenue and Market Share by Application (2014-2018)
5.2.1. Global Digital Pathology Sales and Sales Share by Application (2014-2018)
5.2.2. Global Digital Pathology Revenue and Revenue Share by Application (2014-2018)
5.3. Drug Discovery & Development
5.3.1. Global Drug Discovery & Development Sales and Growth Rate (2014-2018)
5.4. Academic Research
5.4.1. Global Academic Research Sales and Growth Rate (2014-2018)
5.5. Diagnosis
5.5.1. Global Diagnosis Sales and Growth Rate (2014-2018)

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