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What are the Growth Drivers of Digital Pathology Market? 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Huron Digital Pathology, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., XIFIN, Inc., Ventana Medical Systems, Inc., Koninklijke Philips N.

05-27-2020 12:47 PM CET | Health & Medicine

Press release from: marketstudyreport.com

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What are the Growth Drivers of Digital Pathology Market?

MarketStudyReport.com Adds New Digital Pathology Market 2018 - 2025 research report providing information and data by Product, Application, End Users, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 150 Pages with table and figures in it.

The digital pathology market is estimated to account for US$ 992.1 Mn by the end of 2025, escalating at a CAGR of 12.5% during the forecast period from 2018 to 2025, rising from US$ 389.7 Mn in 2017. The growth of the digital pathology market can be attributed to the rise in the growth of market due to the future trend that will allow the patients interaction with the laboratory organizations. The use of the digital pathology will be allowing patients for the direct interaction with the laboratory and the physicians. This will enable the physicians and technician to make their patients understand the diagnosing in a better way. In addition, the data is stored in the applications can be derived by patients any point of time. The access of the data can be done by a patient in phones. The use of technology by the public is enabling healthcare facilities very simple thus, owing to this factor the growth of digital pathology is likely to propel in coming future.

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The market for digital pathology consists of well-recognized organizations as well as emerging companies namely; 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Huron Digital Pathology, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., XIFIN, Inc., Ventana Medical Systems, Inc., Koninklijke Philips N.V., Visiopharm, Indica Labs, Inc.

In the report, the digital pathology market is segmented by product, application and end user. The product segment is classified as storage systems, communication systems, software and scanners. The application segment is segmented as telepathology, disease diagnosis, drug discovery and training and education. The end user segment includes academic and research institutes, pharmaceutical and biotechnological companies and hospital laboratories and others.
Geographically, the market for Digital pathology is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).

The strategic approaches by major players for product approval, product launches, expansions and partnerships &collaborations in the market also are expected to accelerate the market growth. For instance, in December, 2017, B. Braun Melsungen AG founded a new subsidiary B. Braun Medical Zambia Limited. This expansion aimed to enhance presence of the B. Braun in Zambia region.

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North America is expected to hold significant share in the global digital pathology market, owing to factors such as increasing focus of market players in the US and Canada, increasing number of conferences and meetings, rising prevalence of Cancer in Mexico. Furthermore, North American countries are experiencing sequential changes in the digital pathology market.

Table of content:

1. INTRODUCTION 16
1.1 SCOPE OF THE STUDY 16
1.2 THE INSIGHT PARTNERS ANALYSIS RESEARCH REPORT GUIDANCE 16
2. GLOBAL DIGITAL PATHOLOGY MARKET - KEY TAKEAWAYS 17
3. GLOBAL DIGITAL PATHOLOGY MARKET - MARKET LANDSCAPE 20
3.1 OVERVIEW 20
3.2 MARKET SEGMENTATION 20
3.3 GLOBAL DIGITAL PATHOLOGY MARKET - BY PRODUCT 21
3.4 GLOBAL DIGITAL PATHOLOGY MARKET - BY APPLICATION 21
3.5 GLOBAL DIGITAL PATHOLOGY MARKET - BY END USER 22
3.6 GLOBAL DIGITAL PATHOLOGY MARKET - BY GEOGRAPHY 22
3.7 PEST ANALYSIS 23
3.7.1 North America - PEST Analysis 23
3.7.2 Europe - PEST Analysis 25
3.7.3 Asia Pacific - PEST Analysis 27
3.7.4 Middle East & Africa - PEST Analysis 29
3.7.5 South & Central America - PEST Analysis 31
4. GLOBAL DIGITAL PATHOLOGY MARKET - KEY MARKET DYNAMICS 33
4.1 KEY MARKET DRIVERS 33
4.1.1 Technological Advancements 33
4.1.2 Teleconsultation: Availability of disease diagnosis in remote areas 33
4.1.3 Digital Pathology for Cancer 33
4.2 KEY MARKET RESTRAINTS 34
4.2.1 The Unreimbursed Services 34
4.3 KEY MARKET OPPORTUNITIES 34
4.3.1 Use of digital pathology for drug development 34
4.4 FUTURE TRENDS 34
4.4.1 Patient interaction with lab organization 34
4.4.2 Data sharing with payers: 34
4.5 IMPACT ANALYSIS 35
5. GLOBAL DIGITAL PATHOLOGY MARKET - GLOBAL 36
5.1 GLOBAL DIGITAL PATHOLOGY MARKET REVENUE FORECASTS AND ANALYSIS 36
5.2 GLOBAL DIGITAL PATHOLOGY MARKET, BY PRODUCT - FORECASTS AND ANALYSIS 36
5.3 GLOBAL DIGITAL PATHOLOGY MARKET, BY APPLICATION - FORECASTS AND ANALYSIS 36
5.4 GLOBAL DIGITAL PATHOLOGY MARKET, BY END USER - FORECASTS AND ANALYSIS 37
5.5 GLOBAL DIGITAL PATHOLOGY MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 37
5.6 EXPERT OPINIONS 38

Related Report:

Global Digital Pathology Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Digital Pathology, which also refers as virtual microscopy, incorporates capturing, sharing, managing, interpreting and analysing the digital information from a glass slide. Pathology is a study of disease whether caused by pathogens or non- infectious, physical disorder; it refers to the scientific study of disease processes; it occupies a vital role in all type of drug discoveries. Digital pathology technology is widely used in the scanners, software, communication systems and storage systems and helps in the improvement of operational efficiency, enhancing productivity, developments in treatment decisions and patient care. In the year 1990s principle of virtual microscopy is used in the life science areas, and in the year 2000 scientific community agreed the term digital pathology denote digitisation efforts in pathology and later digital pathology technology is used in the various kind of applications.

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