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Digital Pathology Market Future Opportunities and Business Development Strategies 2019 | Leica Biosystems, XIFIN, Inc., Ventana Medical Systems, Visiopharm, Indica Labs, 3DHISTECH - The Digital Pathology Company, Apollo Enterprise Imaging Corp

06-27-2019 09:38 AM CET | Health & Medicine

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Digital Pathology Market Analysis

Digital Pathology Market Analysis

Global Digital pathology market report offers one of the best solutions to know the trends and opportunities in Healthcare industry. The report contains lot of features to offer for this industry which includes general market conditions, trends, inclinations, key players, opportunities, and geographical analysis. Explicit and state-of-the-art information have been presented in this Digital pathology report which helps this industry to be knowledgeable about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already present in the market.

This Digital pathology report offers broader perspective of the market place with its comprehensive market insights and analysis. With this report it becomes easy to establish and optimize each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This market report offers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2019-2025. The market report covers company profiling of key players in the market, carefully analyzing their core competencies, and drawing a competitive landscape for the market.

The global digital pathology market is expected to reach US$ 992.1 Mn in 2025 from US$ 389.7 in 2017. The market is estimated to grow with a CAGR of 12.5% from 20198-2025.

North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant rate in Asia Pacific (APAC) region during the forecast period. The initiations and support by the government in China, growing cancer cases, focus by industry players in Japan, and developing healthcare infrastructure in India are likely to enhance the growth of the market during the forecast period. Thus, there is a vast potential for the digital pathology market to witness rapid growth in the coming years.

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Key Competitors of Digital Pathology Market
3D HISTECH Ltd, Apollo Enterprise Imaging Corp., Huron Digital Pathology, Leica Biosystem Nussloch GmbH, Ventana Medical System, Inc., Hamamatsu Photonics K.K, Xifin, Inc., Koninklijke Philips N.V, Visiopharm, Indica Labs, Inc., And others

Strategic Insights

Product launch/update and agreements & collaborations were observed as the most adopted strategy in global digital pathology industry. Few of the product launches and agreements made by the players in the market are listed below;

2017: In February, Huron Digital Pathology launched major update to tissue scope whole slide imaging platform.

2017: In December, Visiopharm has entered an agreement with HAMAMATSU to sell their portfolio of slide scanners, co-branded as Oncotopix Scan, for clinical customers in Europe.

End User Insights

On the basis of end user, the digital pathology market is segmented into pharmaceutical and biotechnology companies, hospitals and academic and research institutes. The pharmaceutical and biotechnology companies are expected to have a highest CAGR of 12.8% in the forecast period. Digital pathology solution helps these companies to maintain the records and for effective workflow management of the workflow.

Key Segmentation of Digital Pathology Market
Global Analysis and Forecasts by Product (Scanners, Software, Storage Systems and Communication Systems); Application (Telepathology, Disease, Diagnosis, Drug Discovery, Training and Education); and End Users (Academic and Research Institutes, Pharmaceutical and Biotechnology Companies, Hospital Laboratories, and others)

The digital pathology market by product is segmented into scanner, software, communication system, and storage systems. Scanner segment is poised to grow with a largest market share of ~55.5% from 2016-2025. The segment is growing due to the technological advancement that has added integrated software along with the scanners for further analysis, edit, manage and share the virtual slides. Owing to these factors, the market for scanner is anticipated to surge during the forecast period from 2016 to 2025, at a significant rate.

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Key Market Insights

Technological Advancements in Digital Pathology
The advancement is the field of the healthcare industry is driving to the players for more research and developments for the imaging devices and the required software for the digital pathology devices. The advanced systems helps labs and hospitals to add value to the testing services as this improves the performance to influence information technology. The advanced health information technology can be deployed within pathology labs and pathology groups specifically to meet the change of patient expectations, along with this it supports the needs of physicians for optimal workflow. For instance, Aperio ePathAccess of the Leica Biosystems is software which enables sharing of the digital pathology images and case data with the experts outside the information technology network.

Teleconsultation: Availability of Disease Diagnosis in Remote Areas

The concern of the people staying in the remote regions is for travelling to the urban areas for the diagnosis of the diseases. The follow up for the results becomes difficult but with the help of the digital pathology the gap between the patients and diagnosing centers is bridged. Digital pathology has helped patient to reduce their travelling time and the cost of the treatments. In addition, the digital pathology set up is easy to adopt in the rural labs and the hospitals. Thus these factors are driving the growth of the digital pathology market.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Global Digital pathology Market offers
Enlightenments

To perceive the most influencing pivoting and hindering forces in the Digital pathology Market and its footprint in the international market.

Learn about the market policies that are being endorsed by ruling respective organizations.

To gain a perceptive survey of the market and have an extensive interpretation of the Digital pathology Market and its materialistic landscape.

How share promote fluctuations their worth from different manufacturing brands?

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To understand the structure of Digital pathology market by identifying its various sub segments.
Focuses on the key global Digital pathology players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

Strategic suggestion and proposals for the new comers those are willing to enter the market.

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https://www.theinsightpartners.com/buy/TIPHE100000855/?utm_source=O_pr-Aniket

Contact us

The Insight partners,
Phone: +1-646-491-9876
Home: https://www.theinsightpartners.com

About Us

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

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