Digital Pathology Market Booms | AI-Powered Diagnostics, Growth Trends & Key Players 2024-2031 | F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Olympus Corporation.

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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The Digital Pathology Market focuses on the digitization of pathology slides for advanced diagnosis, research, and education. Using AI, image analysis, and cloud-based platforms, it enhances workflow efficiency, remote consultations, and precision medicine. Market growth is driven by increasing adoption of telepathology, rising cancer cases, and advancements in digital imaging and AI-powered diagnostic solutions.

List of the Key Players in the Digital Pathology Market:

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.

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Industry Development:

On February 27, 2023, Clarapath, a robotics company revolutionizing pathology lab processes for human and animal tissue analysis, announced its acquisition of Crosscope, a digital pathology firm based in Mountain View, CA. Crosscope offers a comprehensive imaging solution with advanced workflow tools, slide management, and AI-powered decision support, enhancing efficiency and accuracy for pathologists.

On June 22, 2023, PharmaNest Inc., a leader in high-resolution quantitative digital pathology and AI, introduced its innovative spatially resolved, quantitative tissue panels. These panels assess tissue injury and inflammation in fibrotic conditions, enabling AI-driven insights across various stages, from discovery research to clinical development.

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.

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

By Type: Human Pathology, Veterinary Pathology.

By Technology: Whole Slide Imaging, Telepathology (Static Telepathology, Dynamic Telepathology).

By End-User: Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Research & Academic Institutes, Hospital laboratories.

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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