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Digital Pathology Market Research Reports Global Industry Size, Share, In Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis Forecast to 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 expected to grow at a CAGR of 12.1% from 2022 to 2028.The technological advancements in digital pathology systems, growing preference for telepathology in remote areas, and the use of digital pathology for cancer diagnosis are the major factors boosting the market.
The dearth of pathology experts and shortage of infrastructure required to run a pathology lab without any interruption are the major issues faced in remote areas. With a digitized workflow, a pathologist can receive the slides of a patient in minutes instead of weeks; frozen section samples can be read and controlled remotely in real time, thereby cutting travel time for the pathologist.
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Analysis of the Top Market Players:
1. Koninklijke Philips N.V.
2. Nikon Corporation
3. Perkin Elmer, Inc.
4. Indica Labs
5. 3DHISTECH Ltd.
6. Hamamatsu Photonics K.K.
7. F. Hoffmann-La Roche Ltd
8. Visiopharm A/S
9. Glencoe Software, Inc.
10. Danaher Corporation
In this report, the market has been segmented on the basis of:
Product
• Scanners
• Software
• Storage
• Communication Systems
Type
• Human Pathology
• Veterinary Pathology
Application
• Drug Discovery
• Disease Diagnostics
• Teleconsultation
• Training & Education
In October 2019, Motic China Group Co, Ltd launched its new digital scanning solution named FS-Live for regular use in hospitals. It is an image streaming system with a real-time control software suite that instantly connects pathologists to a MoticEasyScan Pro or a networked MoticEasyScan One for remote diagnosis. It brings an operating room and a lab to the pathologist, enhancing caseload efficiency by eliminating travel hours and onsite time for experts, and enabling large hospitals to consult with specialists present anywhere at any time.
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People living in remote regions need to travel to urban areas for disease diagnosis, treatment, and follow-up, which is a primary concern that develops reluctance among them. Digital pathology helps bridge the gap between patients and diagnosing centers, as it provides the people staying in remote areas with effective access to healthcare organizations; it also helps save time and money for patients. The setup required for digital pathology can be easily adopted in rural labs and hospitals.
Further, telepathology, which is described as a remote telecommunications consultation, primarily, for the diagnosis or treatment, helps bridge the gap between two or more geographically distant healthcare providers by eliminating geographic and functional barriers. Several hospitals, primary care providers, private clinics, and other medical institutions offer telepathology services, which benefit them through cost reduction and patient satisfaction. Thus, the growing acceptance of telepathology is fueling the digital pathology market growth.
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