Whole Slide Imaging Market Size to grow at a CAGR of 14.95% By 2023 with Leading Companies - Koninklijke Philips SA, Perkin Elmer Inc., Inspirata Inc., Olympus Corporation, Ventana Medical Systems, Inc.

Whole Slide Imaging Market Overview:

Whole slide imaging systems are scanners that efficiently display slide samples. The completewhole slide imaging system consists of a microscope, a light source, a computer and a connected camera. The light source can be a bright light source or a fluorescent light source. The whole slide image system is also integrated with software for manipulating the slide display. The camera captures the image of the slide, which can be seen on the computer screen.The whole slide imaging system includes scanners, such as light field scanners and fluorescence scanners, and services such as installation, integration and advice.

Whole Slide Imaging Market Size and Growth Rate:

According to the Research Report, the Global Whole Slide Imaging Market Size was expected to reach USD 995 Million by 2023 at a CAGR of 14.95% during the forecast period.

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Whole Slide Imaging Market Growth Drivers and Restraints:

Increasing use in drug discovery processes, technological advances in whole slide imaging, and the increasing popularity of virtual slides versus physical slides are the primary drivers behind the slide imaging market. In addition, the rising incidence of cancer is expected to boost overall market growth. The growing demand for laboratory diagnostic procedures is expected to fuel the growth of the whole slide imaging system market. The pathology sector has experienced a significant transition in terms of image samples. Currently, full slide images are relatively dominant in the area of research and development. The increase in research and development activities should also fuel the growth of the whole slide imaging system market. Commercialization of versatile instruments with cloud-based technologies is also expected to drive growth in the overall whole slide imaging system market.
The high cost of complete whole slide imaging systems and the high costs of maintenance and installation are the main factors that should hinder the adoption of complete whole slide imaging systems in resource-poor countries.
The burgeoning research and development activities in cancer treatment and personalized medicines are expected to provide significant growth opportunities for the entire whole slide imaging system market.

Geographic Segmentation of the Whole Slide Imaging Market:

The whole slide imaging system market was analyzed in North America, Latin America, Europe and the Asia Pacific and MEA. The AsiaPacific market has the highest compound annual growth rate, due to the same factors driving the growth of this market, such as the growing research on drug discovery and awareness of the benefits of this imaging process.

Key Players of the Whole Slide Imaging Market:

The global market for whole slide imaging systems, including Koninklijke Philips SA, Perkin Elmer Inc., Inspirata Inc., Olympus Corporation, Ventana Medical Systems, Inc. (Roche), Leica Biosystems Nussloch GmbH (Danaher Corporation), Hamamatsu Photonics KK and 3DHISTECH Ltd, Philips Healthcare,Huron Digital Pathology Inc, Omnyx LLC

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Whole Slide Imaging Market – Key Segmentation:

By Components:

• Hardware
• Software

By Application:

• Diagnostics
• Education
• Research Purpose

By End-user:

• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Hand Reference Laboratories

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Rest of the World

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This release was published on openPR.