Press release
Digital Pathology Market Size to Hit US$ 1,892.40 million by 2028
The digital pathology market is expected to grow from US$ 952.62 million in 2022 to US$ 1,892.40 million by 2028.
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Key factors that are driving the growth of this market are the technological advancements in digital pathology systems and the growing preference for telepathology in remote areas, and use of digital pathology for cancer diagnosis are expected to drive the market during the forecast period. However, high cost of digital pathology systems and shortage of skilled professionals to operate digital pathology systems hampers the digital pathology market growth.
The digital pathology market is majorly comprised of top players involving Koninklijke Philips N.V.; Nikon Corporation; Perkin Elmer, Inc.; Indica Labs; 3DHISTECH Ltd.; Hamamatsu Photonics K.K.; F. Hoffmann-La Roche Ltd; Visiopharm A/S; Glencoe Software, Inc.; Danaher Corporation among others.
The companies listed above are implementing various strategies such as product launches, acquisitions, mergers, and partnerships, which have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.
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