Press release
Artificial Intelligence In Pathology Market Size Projected To Reach $2.31 Billion By 2034 With A Cagr Of 13.5%
The Artificial Intelligence In Pathology Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Artificial Intelligence In Pathology Market?
The artificial intelligence (AI) in pathology market has grown rapidly in recent years. It is projected to increase from $1.22 billion in 2024 to $1.39 billion in 2025 at a CAGR of 13.8%. The past growth was driven by the increasing prevalence of diseases, rising funding initiatives, growing use of telemedicine, government support, and increasing demand for pathology services.
The artificial intelligence (AI) in pathology market size is expected to grow at a rapid pace in the coming years. It is forecasted to expand to $2.31 billion in 2029 at a CAGR of 13.5%. This growth is attributed to AI's increasing role in clinical trials, expanding healthcare infrastructure, interdisciplinary collaborations, the establishment of ethical guidelines, and advancements in AI-based predictive analytics. Emerging trends in this period include the development of AI-powered diagnostic solutions, integration with electronic health records, computer-aided diagnosis (CAD), AI-driven biomarker discovery, and the incorporation of genomic data.
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What Are the Different Artificial Intelligence In Pathology Market Segments?
The artificial intelligence in pathologymarket covered in this report is segmented -
1) By Component: Software, Scanners
2) By Neural Network: Generative Adversarial Networks, Convolutional Neural Networks, Conventional Neural Network, Recurrent Neural Networks, Other Neural Networks
3) By Application: Drug Discovery, Disease Diagnosis And Prognosis, Clinical Workflow, Training And Education
4) By End User: Pharmaceutical And Biotechnology Companies, Hospitals And Reference Laboratories, Academic And Research Institutes
Subsegments:
1) By Software: Image Analysis Software, Diagnostic Workflow Software, Predictive Analytics Software
2) By Scanners: Whole Slide Imaging Scanners, Digital Pathology Scanners, Multi-Spectral Imaging Scanners
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What Are the Primary Drivers Shaping the Artificial Intelligence In Pathology Market?
The rising need for personalized medicine is anticipated to spur the growth of the artificial intelligence in pathology market. Personalized medicine involves customizing medical treatments to an individual's unique characteristics, needs, and preferences. The growing demand for personalized medicine is fueled by the desire to tailor treatments to genetic profiles, lifestyle factors, and specific disease characteristics, which improves treatment effectiveness and minimizes side effects. AI in pathology supports personalized medicine by enabling more precise and efficient analysis of medical images and genetic data, leading to more accurate diagnoses, better disease subtype identification, and personalized treatment plans. For example, in February 2023, the Personalized Medicine Coalition, a U.S.-based membership organization, reported that 12 new personalized medicines were approved in 2022, accounting for about 34% of all new therapies, a significant increase from previous years. Therefore, the growing need for personalized medicine is driving the growth of the AI in pathology market.
Which Companies Are Leading in the Artificial Intelligence In Pathology Market?
Major companies operating in the artificial intelligence in pathology market are F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Hamamatsu Photonics K.K., Leica Biosystems, Tempus Labs Inc., Spectra AB, Lunit Inc., Paige AI Inc., Inspirata Inc., Indica Labs Inc., Flagship Biosciences Inc., Proscia Inc., Aiforia Technologies Oy, Lumea Inc., Optrascan Inc., PathAI Inc., Visiopharm A/S, Ibex Medical Analytics Ltd., BioSymetrics Inc., Deep Bio Inc., Konfoong Biotech International Co Ltd., Mindpeak GmbH, Qritive Inc., Vuno Inc.
What Are the Latest Developing Trends in the Artificial Intelligence In Pathology Market?
In the AI-powered pathology market, leading companies are developing advanced cancer detection tools to enhance diagnostic accuracy and improve patient outcomes. These AI-driven tools analyze medical images and pathology slides to improve tumor detection and classification. For example, in March 2022, Paige.ai, a US-based digital pathology company, launched Paige Lymph Node Module to assist in detecting breast cancer metastases in lymph nodes. This tool offers over 98% sensitivity in detecting metastases, including small micrometastases, and uses a proprietary TissueMap to highlight suspicious areas, improving diagnostic efficiency and accuracy.
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What Are the Top Revenue-Generating Geographies in the Artificial Intelligence In Pathology Market?
Asia-Pacific was the largest region in the artificial intelligence in pathology market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in pathology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence In Pathology Market?
2. What is the CAGR expected in the Artificial Intelligence In Pathology Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence In Pathology Industry?
4. Which Region Is Leading the Artificial Intelligence In Pathology Market?
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