Digital Pathology Market Projections and Regional Outlook, Upcoming Demand (2022-2027)

According to the latest report by IMARC Group, titled "Digital Pathology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global digital pathology market reached a value of US$ 764.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,409.1 Million by 2027, exhibiting a CAGR of 10.85% during 2022-2027.

Digital pathology is an image-based system that facilitates the acquisition, management, and interpretation of human and animal pathology information. It processes digital information using scanners, information management systems (IFS), visualizing software, storage devices, and web-based communication systems. It analyzes high-resolution samples and archives digital slides on a server or the cloud, enabling pathologists to cross-examine the evidence slides. As a result, it is extensively utilized for manual and semi-quantitative immunohistochemistry (IHC), teleconsultation, primary and intraoperative diagnosis, tumor boards, and diagnostic consultation since it aid in improving the accuracy of the test results.

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Global Digital Pathology Industry Growth:

One of the key factors driving the global market is the widespread adoption of telepathology. This can be attributed to rapid digitization and the escalating need for disease detection and easy consultation. Furthermore, the increasing prevalence of chronic medical ailments among the masses is also providing a boost to market growth. Additionally, continuous technological advancements and the integration of laboratory information systems (LIS) with digital pathology are impacting the market growth favorably. Also, the introduction of digital imaging, robotic light microscopy, and multiple fiber-optic communications, are contributing to the market. Other factors, including the rising geriatric population, availability of cost-efficient digital pathology products, development of various healthcare and diagnostic centers and extensive research and development (R&D) activities in the pharmaceutical and bioscience sectors, are further propelling the market growth.

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Key Market Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• 3DHISTECH
• Apollo Enterprise Imaging
• Corista
• Hamamatsu Photonics
• Huron Digital Pathology
• Indica Labs
• Koninklijke Philips
• Leica Biosystems
• Objective Pathology Services
• Ventana Medical Systems
• Visiopharm
• XIFIN

Breakup by Product:

• Scanners
• Software
• Storage Systems
• Communication Systems

Breakup by Type:

• Human Pathology
• Veterinary Pathology

Breakup by Delivery Model:

• On-premises
• Hosted

Breakup by Application:

• Training and Education
• Consulting Services
• Intraoperative Consultation
• Routine Diagnostic Consultation Services
• Others

Breakup by End-User:

• Pharmaceutical & Biotechnology Companies
• Hospitals and Reference Laboratories
• Academic & Research Institutes

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 2016-2021
• Market Outlook 2022-2027
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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