Press release
Digital Pathology Market: Soaring Growth with a CAGR of 16.8% until 2025, Expected to Reach $2.84 billion by 2029
Digital Pathology Market Size
What Is The Projected Market Size Of The Global Digital Pathology Market And Its Growth Rate?
The Digital Pathology market has witnessed remarkable expansion in the recent years.
•Grown from $1.22 billion in 2024 to $1.43 billion in 2025 at a CAGR of 16.8%.
•The growth in the historic period is due to rapid growth in the elderly population, increase in healthcare facilities, and healthcare expenditure.
•Government support, increasing adoption of digital devices, and levitating prevalence of cancer and chronic diseases are also contributing to the growth.
•Foreseen to reach $2.84 billion by 2029 with a CAGR of 18.7%.
What Is Driving The Growth In The Digital Pathology Market?
The escalating prevalence of cancer among ageing populations and the rise in medical errors have proven to be key driving forces for the digital pathology market growth. As people age, the risk of developing cancer increases due to cellular changes and prolonged exposure to risk factors such as poor diet, lack of physical activity, and excessive alcohol consumption. Digital pathology plays a pivotal role in expediting the diagnosis and treatment of cancer, hence an increase in cancer cases is driving the growth of the market.
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Who Are the Key Players Driving Digital Pathology Market Growth?
•Danaher Corporation
•Hoffmann-La Roche Ltd
•Koninklijke Philips N.V
•Hamamatsu Photonics K.K
•3DHISTECH Ltd
•Olympus Corporation
•Nikon Corporation
•Visiopharm A/S
•Indica Labs Inc
•Sectra AB
•Grundium
What Are The Key Trends In The Digital Pathology Market?
Key trends in the Digital Pathology Market include:
•Leveraging artificial intelligence to improve automation
•Focusing on cloud technology to standardize and simplify digital pathology deployments
•Adopting digital imaging and video streaming technology
•Developing new technological solutions
•Expanding product portfolios through partnerships and investment in R&D activities
What Are The Segments Of The Global Digital Pathology Market?
•By Product: Scanners, Software, Storage And Communication Systems
•By Type: Human Pathology, Veterinary Pathology
•By Application: Drug Discovery, Disease Diagnosis, Teleconsultation, Training And Education
•By End-User: Pharmaceutical And Biotechnology Companies, Hospitals And Reference Laboratories, Academic And Research Institutes
Which Region Leads The Digital Pathology Market?
North America holds the dominant position in the digital pathology market as of 2024, followed closely by the Asia-Pacific region. Factors such as advanced healthcare infrastructure, widespread adoption of digital pathology systems, and strong presence of key market players contribute to North America's market dominance. Asia-Pacific is also growing rapidly due to booming healthcare sectors in emerging economies, increasing prevalence of chronic diseases, and technological improvements in healthcare practices.
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What Is Covered In The Digital Pathology Market Global Market Report?
- Market Size Analysis: Analyze the Digital Pathology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Digital Pathology Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Digital Pathology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Digital Pathology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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