Press release
Digital Pathology Market to Reach 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; it is estimated to grow at a CAGR of 12.1% from 2022 to 2028.An exclusive Digital Pathology Market research report has been fabricated through the in depth analysis of the market dynamics across five regions including North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by components, end users, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts (key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company's website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.
The research dives deep into the global share, size, and trends, as well as growth rate of the Digital Pathology Market to project its progress during the forecast period, ie, 2023-2028. Most importantly, the report further identifies the past, present, and future trends that are expected to influence Digital Pathology Market the development rate of the Digital Pathology Market. The research segments the market based on product type, application, and region.
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Top Key Players: 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,,,,,,,ICON PLC,IQVIA Inc,Syneos Health,WuXi AppTec,SGS SA,PPD Inc, PAREXEL INTERNATIONAL CORPORATION, Indegene,Excelya,UDG Healthcare plc
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MARKET SEGMENTATION
Type Insights
Based on type, the digital pathology market is bifurcated into human pathology and veterinary pathology. The human pathology segment is likely to hold a larger market share in 2022. Furthermore, the same segment is expected to record a faster CAGR during 2022-2028. The market for the human pathology segment is driven by the increasing number of cancer research projects and a rising number of collaborations among research institutes, universities, and pathology laboratories.
Application Insights
Based on application, the digital pathology market is segmented into disease diagnosis, drug discovery, teleconsultation, and training & education. The drug discovery segment is likely to hold the largest market share in 2022. Furthermore, the same segment is expected to record the highest CAGR during 2022-2028. The central benefit of digital pathology in pharmaceutical research is the ability to apply image analysis algorithms to reduce time and efforts required for subject interpretations. This is critically important to automate dull tasks such as counting cells of interest or estimating protein expression in immunohistochemical assays.
End User Insights
Based on end user, the digital pathology market is segmented into pharma & biotech companies, hospitals, and academics. In 2022, the pharma & biotech companies segment is likely to hold the largest share of the market. Furthermore, the same segment is expected to register the highest CAGR from 2022 to 2028. The increasing use of digital pathology in drug discovery studies and drug toxicology testing is the major factor driving the market for the pharma & biotech companies segment. Biotechnology companies also use digital pathology in biobanking, biopharmaceutical studies, molecular assays, and individualized medicine development.
A detailed scrutiny of the regional terrain of the Digital Pathology Market:
The study broadly exemplifies, the regional hierarchy of this market, while categorizing the same into United States, China, Europe, Japan, Southeast Asia India.
The research report documents data concerning the market share held by each nation, along with potential growth prospects based on the geographical analysis.
The study anticipates the growth rate which each regional segment would cover over the estimated timeframe.
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers a seven-year assessment of Digital Pathology Market.
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers a regional analysis of Digital Pathology Market along with business profiles of several stakeholders.
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Chapter Details of Digital Pathology Market:
Part 01: Executive summary
Part 02: Scope of The Report
Part 03: Digital Pathology Market Landscape
Part 04: Digital Pathology Market Sizing
Part 05: Digital Pathology Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
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Contact Person : Sameer Joshi
Phone : +1-646-491-9876
Email : sales@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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumer and Goods, Chemicals and Materials.
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