Global Digital Pathology Market: Size, Trends, and Insights By 2031 | F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Olympus Corporation, Leica Biosystems Nussloch GmbH (Danaher Corporation)

Latest Research Study on Digital Pathology Market

The Global Digital Pathology Market reached USD 0.9 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 1.7 billion by 2031. The global digital pathology market is expected to exhibit a CAGR of 8.7% during the forecast period (2024-2031)

Digital Pathology Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Digital Pathology is a field within pathology that involves the use of digital technology to capture, store, analyze, and share pathology slides and images. It replaces traditional methods of examining glass slides under a microscope with high-resolution scanning and digital imaging. This technology enables pathologists to view and analyze tissue samples remotely, facilitating faster diagnoses, improved collaboration among healthcare providers, and the ability to store and manage large amounts of data. Digital pathology also integrates advanced image analysis tools, including artificial intelligence (AI), to assist in more accurate and efficient disease detection and diagnosis.

Top Companies:

F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Olympus Corporation, Leica Biosystems Nussloch GmbH (Danaher Corporation), Hamamatsu Photonics, Inc., Mikroscan Technologies, Inc., Inspirata, Inc. (Fujifilm), Visiopharm A/S, Huron Technologies International Inc., and ContextVision AB

Industry Development:

On February 27, 2023, Clarapath, a robotics company focused on revolutionizing the way pathology laboratories process tissue, announced the acquisition of Crosscope, a digital pathology company based in Mountain View, CA. Crosscope offers a comprehensive imaging solution that includes advanced workflow tools, slide management, and AI and machine learning technology to aid pathologists in making faster and more accurate decisions.

On June 22, 2023, PharmaNest Inc., a leader in high-resolution quantitative Digital Pathology and Artificial Intelligence, unveiled its spatially resolved, quantitative tissue panels. These panels are designed to assess the severity of tissue injury and inflammation in fibrotic conditions, facilitating novel AI-driven investigations of inflammation and fibrosis, from discovery models to clinical development.

On March 13, 2023, Paige, a global leader in digital pathology solutions and AI applications, expanded its partnership with Leica Biosystems, a leader in cancer diagnostics and workflow solutions. The partnership aims to enhance digital pathology workflows in hospitals and laboratories worldwide, with Paige now being the preferred provider of SaaS digital pathology image management and viewing software, as well as embedded AI solutions for Leica's Aperio GT 450 digital pathology slide scanners.

Growth Forecast Projected:

The Global Digital Pathology Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Digital Pathology Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Digital Pathology Market:

By Product: Software, Scanners, Storage Systems, Communication Systems, Others

By Application: Drug Discovery, Teleconsultation, Diagnosis, Training & Education, Others

By Type: Human Pathology, Veterinary Pathology

By Technology: Whole Slide Imaging , Tele pathology Static Telepathology, Dynamic Telepathology

By End-User: Hospital Laboratories, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Research & Academic Institutes, Others

Regional Analysis for Digital Pathology Market:

The regional analysis of the Digital Pathology Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Digital Pathology market?

➠ Who are the leading manufacturers in the global Digital Pathology industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Digital Pathology industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Digital Pathology Market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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