Whole Slide Imaging Market Research Report 2022 Professional Edition| Ventana Medical Systems, Leica Biosystems

The recent research report published by Quadintel gives an insight into the global Whole Slide Imaging Market. According to this published competitive intelligence analysis, the global Whole Slide Imaging Market is expected to experience a promising annual revenue increase (USD in Mn) in 2021. A comprehensive overview and precise insights into possible future scenarios for the worldwide market are provided in this study.

The global WSI Market is expected to reach USD 995 Mn by 2023, expanding at a CAGR of 14.95% during 2018-2023.

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Key Companies Covered in the Whole Slide Imaging Market Research are Ventana Medical Systems, Inc. (Roche), Leica Biosystems, Philips Healthcare, Inspirata (GE Healthcare), Olympus Corporation, Hamamatsu Photonics K.K., 3DHISTECH, Huron Digital Pathology Inc, Omnyx LLC, Visiopharm A/S and other key market players.

Digital pathology continues to evolve, driven by advancements in technology, software and cloud storage solutions. Digital imaging has shifted from acquiring of static images to whole slide imaging (WSI), resulting in its increased use in pathology. WSI, which is referred to as virtual microscopy, is an emerging technology that involves the acquisition of high-resolution digital images representing entire tissue sections from glass slides on a computer monitor. WSI systems aid pathologists in primary diagnosis, consultation and remote interpretation of frozen sections.

The global WSI market is categorized based on components, applications, and end users. Based on components, the market is segmented into hardware (slide scanners, communication devices, storage devices, and others) and software. Based on applications, the market is fragmented into diagnostics, education, and research purposes. Based on end users, the market is segmented into pharmaceutical and biotechnology companies, academic and research institutes, and hospitals and reference laboratories.

Component segment insights:

Based on components, the hardware segment will experience a CAGR of 14% through the forecasted period of 2018-2023, and will occupy ~72% of the market by 2023. The software segment is expected to witness a CAGR of 17% through the forecasted period of 2018-2023, and account for the rest of the market by 2023. Rising demand for high-speed and high-resolution digital image in pathological laboratories, workflow efficiency, patient safety, and diagnostic accuracy, have propelled the demand for WSI systems.

Application segment insights:

The research segment held the largest market share of 73% in 2018, owing to the high demand for WSI in drug discoveries and oncology research. In 2016, around 1.7 Mn cases of cancer were diagnosed in the U.S. Thus, the need for improvement in cancer diagnosis is another important factor that is anticipated to further boost the demand for WSI systems across the globe.

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End user segment insights:

Although the pharmaceutical and biotechnology companies segment held the largest market share of nearly 68% in 2018, the hospitals and reference laboratories segment is expected to witness the highest growth rate of 51% throughout the forecasted period. This tremendous growth is attributed to the Food and Drug Administrations (FDA) approval for the first whole slide imaging (WSI) system (Philips IntelliSite Pathology Solution [PIPS]), which is to be marketed for primary diagnosis. This has provided an impetus to increased clinical use of whole slide imaging in the U.S.

Regional segment insights:

On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America has the largest market share. In 2018, the region accounted for an approximately 44% share of the global market. Approval from the FDA and continuous support from the Digital Pathology Association (DPA) to increase focus on education, best practices and awareness, have boosted the adoption of WSI for various applications in North America.

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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List of Factors Covered in the Report are:

Geographical Breakdown: The regional section of the report analyses the market on the basis of region and national breakdowns, which includes size estimations, and accurate data on previous and future growth. It also mentions the effects and the estimated course of Covid-19 recovery for all geographical areas. The report gives the outlook of the emerging market trends and the factors driving the growth of the dominating region to give readers an outlook of prevailing trends and help in decision making.

Key inquiries addressed in the report:

Investigate the COVID 19 outbreak's effects.
Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.
Key Points Covered in this Report

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia.

Chapter 2, objective of the study.

Chapter 3, to display Research methodology and techniques.

Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;

Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;

Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis

Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;

Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels and demand & supply.

Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)

Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

…….. and view more in complete table of Contents

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