US Digital Pathology Market worth US$2.01 billion by 2029 with 13.1% CAGR

The report details the drivers, restraints, challenges, and opportunities pertaining to the US digital pathology market and forecasts the market till 2029.
The global US Digital Pathology Market [https://www.marketsandmarkets.com/PressReleases/us-digital-pathology-market.asp?utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=usdigitalpathologymarket] is projected to reach US$2.01 billion by 2029 from US$1.05 billion in 2024, at a CAGR of 13.1%. The US digital pathology market is growing due to technological innovation, the increasing use of telepathology, the growing incidence of chronic conditions, and the affordability of diagnostic solutions. The growing use of digital pathology in medical education and research is also supporting market growth. Data security and patient confidentiality are major concerns for the widespread adoption of digital pathology.

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Browse in-depth TOC on "US Digital Pathology Market"

248 - Tables

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By Based on Scanners segment, In the US, the digital pathology market is classified based on type into scanners, software, and storage systems. In 2023, the scanners segment accounted for the largest share of the product segment. The high demand for scanners is attributed to continuous technical improvements, such as improved imaging resolution, increased scanning speeds, and greater automation capabilities. Such innovations have optimized pathology workflows, saving time and labour costs, rendering scanners a key tool in contemporary US pathology laboratories.

By Based on type, the US digital pathology market is segmented into human pathology and veterinary pathology. The human pathology segment is expected to register the highest growth rate during the forecast period due to the increasing demand for accurate, efficient, and timely diagnostic services. The increasing incidence of chronic diseases, including cancer, is fueling the demand for accurate pathological evaluation to inform treatment choices. Digital pathology enjoys a host of benefits over conventional approaches, including sophisticated image analysis, enhanced storage and retrieval of pathology slides, and effortless sharing of images for second opinions and collaborative diagnostic work.

By end users, the US digital pathology market is segmented into pharmaceutical and biotechnology firms, hospital and reference labs, and research and academic institutes. In 2023, pharmaceutical and biotechnology firms accounted for the largest share among end users because of several significant reasons. Pharmaceutical and biotechnology companies rely heavily on digital pathology to develop drugs, discover drugs, and tailor treatments to individual needs. The image acquisition and analysis speeds of digital pathology enable the rapid and precise analysis of tissue samples, greatly simplifying drug development. High-throughput screening and computer-based image analysis allow large data sets to be analysed quickly, essential in identifying drug candidates and defining how they act upon biological tissue.

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Prominent players in the digital pathology market include Huron Digital Pathology (Canada), Hologic, Inc. (US), Corista (US), Indica Labs Inc. (US), 3DHISTECH (Hungary), Objective Pathology Services Limited (Canada), OptraSCAN (US), Sectra AB (Sweden), Akoya Biosciences, Inc. (US), and Hamamatsu Photonics K.K. (Japan).

Study Coverage

The report details the drivers, restraints, challenges, and opportunities pertaining to the US digital pathology market and forecasts the market till 2029. It also provides a qualitative and quantitative description of different segments considered for the US digital pathology market. The report gives a detailed overview of the market across the US.

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