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Whole Slide Imaging Market to Reach USD 20.16 Billion by 2031, At growth rate CAGR of 12.5%

10-03-2023 01:04 PM CET | IT, New Media & Software

Press release from: Global Insight Services

/ PR Agency: Global Insight Services
Whole Slide Imaging Market to Reach USD 20.16 Billion by 2031,

The Whole Slide Imaging (WSI) market has emerged as a transformative force in the field of pathology and digital healthcare. WSI technology allows for the digital scanning and capture of entire histological slides, enabling pathologists and clinicians to view high-resolution images of tissue samples remotely. This revolutionary approach to pathology has streamlined diagnosis, improved collaboration among healthcare professionals, and facilitated more comprehensive research.

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One of the key drivers of the Whole Slide Imaging market is its potential to enhance the accuracy and efficiency of pathological analysis. By providing pathologists with digital access to entire slides, WSI eliminates the need for physical glass slides and allows for rapid scanning and sharing of images for consultation. Moreover, machine learning and artificial intelligence (AI) applications are being integrated into WSI systems to assist pathologists in detecting abnormalities and making diagnoses, further improving the diagnostic process.

As healthcare systems continue to digitize their operations, the WSI market is positioned to play an increasingly pivotal role in revolutionizing pathology, research, and patient care. The adoption of WSI technology has not only improved diagnostic accuracy but has also facilitated telepathology, allowing pathologists to collaborate remotely and share insights across geographical boundaries. This is particularly valuable in regions with a shortage of specialized pathologists or when urgent consultations are required. Additionally, the WSI market is witnessing advancements in image analysis algorithms, making it possible to analyze vast datasets of digitized slides for research purposes.

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Key Trends

The Whole Slide Imaging Market is characterized by several key trends that are shaping its evolution and impact in the medical field. Firstly, the integration of artificial intelligence (AI) and machine learning in whole slide imaging is revolutionizing pathology by enabling automated analysis, faster diagnoses, and the identification of subtle patterns that might be missed by human eyes. Secondly, the rise of telepathology and remote consultations is facilitating cross-border collaboration and expertise sharing, particularly crucial in regions with limited access to specialized pathologists.

Key Drivers

The Whole Slide Imaging Market is being propelled by several key drivers that underscore its rapid growth and transformative impact on the medical imaging landscape. Firstly, the increasing demand for efficient and accurate diagnostic solutions is driving the adoption of whole slide imaging technology, as it allows pathologists to analyze complete tissue samples digitally, enhancing diagnostic accuracy and reducing turnaround times. Secondly, the rising prevalence of chronic diseases and the need for detailed tissue analysis are fueling the demand for advanced pathology solutions that can handle large volumes of data. Thirdly, the shift towards digitalization and the integration of electronic health records are encouraging healthcare institutions to invest in digital pathology platforms, which can streamline workflows and facilitate data management.

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Market Segmentation : Whole Slide Imaging Market

Whole Slide Imaging Market By Type : Hardware, Software, Services

Whole Slide Imaging Market By Application : Telepathology, Cytopathology, Immunohistochemistry, Hematopathology

Whole Slide Imaging Market By End User : Hospitals, Pharmaceutical & Biopharmaceutical Companies, Laboratories, Academic Research Institutes

Whole Slide Imaging Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Key Players

Akoya Biosciences, Inc.
Olympus
3DHISTECH
Mikroscan Technologies
Indica Labs
Inspirata
Leica Biosystems
Visiopharm
Koninklijke Philips N.V.
Hamamatsu Photonics K.K
Nikon

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services :

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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