openPR Logo
Press release

Whole Slide Imaging (WSI) Market 2023 Expected to Outperform Competitors with Exceptional Revenue Growth

11-27-2023 10:03 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

Whole Slide Imaging (WSI) Market 2023 Expected to Outperform

Introducing the Most Recent Research Report [2023-2032] on the Whole Slide Imaging (WSI) Market: Size, Emerging Trends, Market Share, Remarkable Growth, Segmentation, Comprehensive Analysis, and Forward-Looking Projections for 2032. This report presents an in-depth examination of the critical drivers propelling global market sales. Within its 120 pages, the report delivers a comprehensive evaluation of the industry's current status, encompassing aspects such as market size, market share, anticipated trends, growth rate, distribution channels, and more.

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

Request To Download Sample of This Strategic Report: -https://reportocean.us/sample-request/report_id/IND119

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.

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.

Download Sample of This Strategic Report: -https://reportocean.us/sample-request/report_id/IND119

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.

Companies covered:

1. Ventana Medical Systems, Inc. (Roche)
2. Leica Biosystems
3. Philips Healthcare
4. Inspirata (GE Healthcare)
5. Olympus Corporation
6. Hamamatsu Photonics K.K.
7. 3DHISTECH
8. Huron Digital Pathology Inc
9. Omnyx LLC
10. Visiopharm A/S

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)

Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

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)

Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)

Request full Report Description, TOC, Table of Figure, Chart, etc. @ -https://reportocean.us/sample-request/report_id/IND119

The following are significant aspects of the industry that may be relevant:

Market Size and Growth: The size of the market and its projected growth rate are essential factors that can provide valuable insights into the industry's potential.

Competition: The level of competition in the market is a significant factor that can impact the pricing and profitability of companies operating in the industry.

Technology: Technology plays a critical role in the industry as search algorithms and consumer behavior continue to evolve rapidly.

Consumer Behavior: Understanding consumer behavior, such as search habits and preferences, can help companies optimize their marketing strategies and drive sales.

Regulatory Environment: The industry is subject to various regulatory requirements, including data protection and privacy laws, which can impact the way companies operate in the market.

Economic Factors: Economic factors, such as GDP, inflation, and consumer spending, can affect the growth and profitability of the industry.

Emerging Trends: Staying updated with emerging trends, such as voice search and artificial intelligence, can help companies stay ahead of the curve in the industry.

This report covers several key questions related to the Whole Slide Imaging (WSI) market, including:

What can be expected for the Whole Slide Imaging (WSI) market in the next decade?
What are the primary drivers of growth in the Whole Slide Imaging (WSI) market?
Which technologies are likely to experience the most rapid growth, both by market and region?
How do opportunities within the Whole Slide Imaging (WSI) market vary based on the size of the end market?
What is the breakdown of Whole Slide Imaging (WSI) by type and application?
How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Whole Slide Imaging (WSI) market?

Request Full Report -https://reportocean.us/sample-request/report_id/IND119

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://reportocean.us/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Whole Slide Imaging (WSI) Market 2023 Expected to Outperform Competitors with Exceptional Revenue Growth here

News-ID: 3304214 • Views:

More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques for Deep Understanding of Consumer Behavior
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan. Internet Advertising are set
Location Analytics Market Through the Looking Glass Techniques for a Profound Understanding of Consumer Behavior
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Observational Research in Consumer Behavior
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030. This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,

All 5 Releases


More Releases for WSI

WSI Franchise: Appreciation for this Nation
WSI Internet Franchise takes this particular opportunity of thanks and recognizes the commitment and commitment to the U.S Armed Forces WSI Head Office April 12, 2011…..The strength for peace is felt most when the appreciation for a nation transpires, especially an American nation which knows the price of liberty and patriotism. The head office of WSI simply cannot help but spend some time and acknowledge the dedication and devotion of
WSI Franchise
- World’s Largest Internet Franchise Acknowledges Its Top 50 Franchisees That Have Exhibited Outstanding Business Success over the Previous Year - Toronto, Ontario, March 24, 2011 - WSI, the world’s most well known Internet company, acknowledges its top 50 franchisees who've earned an opportunity of becoming a member of the company’s 2011 President’s Circle. This professional group is comprised of WSI’s top performing Internet Consultants worldwide who've displayed superb business
WSI Franchise: Participating in Franchise Expo in Paris
- Entrepreneurs in France Will Learn Much More About the WSI Internet Franchise Opportunity at the Upcoming Franchise Expo - Toronto, Ontario, March 21, 2011 - The WSI franchise will be provided to attendees of the Franchise Expo in Paris, France on March 20. Roughly 30,000 business people are expected to sign up in the expo where they're going to know more about various business opportunities, like the financial advantages
WSI Franchise: Acknowledged through Young Business Leader Program
Toronto, Ontario, March 15, 2011 - A WSI Internet Franchisee located in Dubai, UAE was fairly recently honored at the sixth edition of the Mohammad Bin Rashid Small and Medium Enterprise Awards for Young Business Leaders. Muna Selah, who has been with the WSI Internet Franchise since 2008), acquired the Best Business in Marketing and Promotions Award, which was presented by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown
WSI FRANCHISE: Opportunity for Master Franchises throughout Europe
-Master Franchise Opportunity On the market through out the U.K and Europe- March 14 2011…WSI has acquired massive international growth fairly recently, and is now accepting applications for their Master Franchise Opportunity worldwide, specifically in the UK and Europe, France, Germany, Belgium, Netherlands, Scandinavia, Sweden, Finland, Switzerland and Ireland. As the world goes digital, it is turning into the ideal opportunity for an entrepreneur to get associated with the world's
WSI INTERNET FRANCHISE:Helping to Make Child Poverty History
-WSI Internet Franchise, Aims to Make Child Poverty History- March 8 2011, WSI realizes that not one person in today’s age need to go famished. Most notably young people shouldn’t have to feel the anguish of lack of nutrition. Inspired by the thoughts of Nelson Mandela, who said, ‘Overcoming poverty is not a gesture of charity, it is an act of justice,’…… WSI joined forces with World Vision and created