At 12.5% CAGR, Digital Pathology Market Size will reach 992 Mn USD by 2025

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Market Study Report, LLC, has added an exhaustive research study of the Digital Pathology Market, detailing every single market driver and intricately analyzing the business vertical. This Digital Pathology Market study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions.  

The market for digital pathology consists of well-recognized organizations as well as emerging companies namely; 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Huron Digital Pathology, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., XIFIN, Inc., Ventana Medical Systems, Inc., Koninklijke Philips N.V., Visiopharm, Indica Labs, Inc.


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The digital pathology market is estimated to account for US$ 992.1 Mn by the end of 2025, escalating at a CAGR of 12.5% during the forecast period from 2018 to 2025, rising from US$ 389.7 Mn in 2017.

North America is expected to hold significant share in the global digital pathology market, owing to factors such as increasing focus of market players in the US and Canada, increasing number of conferences and meetings, rising prevalence of Cancer in Mexico. Furthermore, North American countries are experiencing sequential changes in the digital pathology market.

The growth of the digital pathology market can be attributed to the rise in the growth of market due to the future trend that will allow the patients interaction with the laboratory organizations. The use of the digital pathology will be allowing patients for the direct interaction with the laboratory and the physicians. This will enable the physicians and technician to make their patients understand the diagnosing in a better way. In addition, the data is stored in the applications can be derived by patients any point of time. The access of the data can be done by a patient in phones. The use of technology by the public is enabling healthcare facilities very simple thus, owing to this factor the growth of digital pathology is likely to propel in coming future.

In the report, the digital pathology market is segmented by product, application and end user. The product segment is classified as storage systems, communication systems, software and scanners. The application segment is segmented as telepathology, disease diagnosis, drug discovery and training and education. The end user segment includes academic and research institutes, pharmaceutical and biotechnological companies and hospital laboratories and others.

Geographically, the market for Digital pathology is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).

The strategic approaches by major players for product approval, product launches, expansions and partnerships &collaborations in the market also are expected to accelerate the market growth. For instance, in December, 2017, B. Braun Melsungen AG founded a new subsidiary B. Braun Medical Zambia Limited. This expansion aimed to enhance presence of the B. Braun in Zambia region.

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TABLE OF CONTENTS

1. INTRODUCTION 16

1.1 SCOPE OF THE STUDY 16

1.2 THE ANALYSIS RESEARCH REPORT GUIDANCE 16

2. GLOBAL DIGITAL PATHOLOGY MARKET – KEY TAKEAWAYS 17

3. GLOBAL DIGITAL PATHOLOGY MARKET – MARKET LANDSCAPE 20

3.1 OVERVIEW 20

3.2 MARKET SEGMENTATION 20

3.3 GLOBAL DIGITAL PATHOLOGY MARKET – BY PRODUCT 21

3.4 GLOBAL DIGITAL PATHOLOGY MARKET – BY APPLICATION 21

3.5 GLOBAL DIGITAL PATHOLOGY MARKET – BY END USER 22

3.6 GLOBAL DIGITAL PATHOLOGY MARKET – BY GEOGRAPHY 22

3.7 PEST ANALYSIS 23

3.7.1 North America – PEST Analysis 23

3.7.2 Europe – PEST Analysis 25

3.7.3 Asia Pacific – PEST Analysis 27

3.7.4 Middle East & Africa – PEST Analysis 29

3.7.5 South & Central America – PEST Analysis 31

4. GLOBAL DIGITAL PATHOLOGY MARKET – KEY MARKET DYNAMICS 33

4.1 KEY MARKET DRIVERS 33

4.1.1 Technological Advancements 33

4.1.2 Teleconsultation: Availability of disease diagnosis in remote areas 33

4.1.3 Digital Pathology for Cancer 33

4.2 KEY MARKET RESTRAINTS 34

4.2.1 The Unreimbursed Services 34

4.3 KEY MARKET OPPORTUNITIES 34

4.3.1 Use of digital pathology for drug development 34

4.4 FUTURE TRENDS 34

4.4.1 Patient interaction with lab organization 34

4.4.2 Data sharing with payers: 34

4.5 IMPACT ANALYSIS 35

5. GLOBAL DIGITAL PATHOLOGY MARKET – GLOBAL 36

5.1 GLOBAL DIGITAL PATHOLOGY MARKET REVENUE FORECASTS AND ANALYSIS 36

5.2 GLOBAL DIGITAL PATHOLOGY MARKET, BY PRODUCT – FORECASTS AND ANALYSIS 36

5.3 GLOBAL DIGITAL PATHOLOGY MARKET, BY APPLICATION – FORECASTS AND ANALYSIS 36

5.4 GLOBAL DIGITAL PATHOLOGY MARKET, BY END USER – FORECASTS AND ANALYSIS 37

5.5 GLOBAL DIGITAL PATHOLOGY MARKET, BY GEOGRAPHY – FORECASTS AND ANALYSIS 37

5.6 EXPERT OPINIONS 38

6. GLOBAL DIGITAL PATHOLOGY MARKET ANALYSIS- BY PRODUCT 39

7. GLOBAL DIGITAL PATHOLOGY MARKET ANALYSIS- BY APPLICATION 44

8. GLOBAL DIGITAL PATHOLOGY MARKET ANALYSIS- BY END USER 49

9. NORTH AMERICA DIGITAL PATHOLOGY MARKET REVENUE AND FORECASTS TO 2025 53

10. EUROPE DIGITAL PATHOLOGY MARKET REVENUE AND FORECASTS TO 2025 61

11. ASIA-PACIFIC DIGITAL PATHOLOGY MARKET REVENUE AND FORECASTS TO 2025 70

12. MIDDLE EAST & AFRICA DIGITAL PATHOLOGY MARKET REVENUE AND

13. SOUTH AND CENTRAL AMERICA DIGITAL PATHOLOGY MARKET REVENUE AND FORECASTS TO 2025 87

14. DIGITAL PATHOLOGY MARKET -INDUSTRY LANDSCAPE 91

15. DIGITAL PATHOLOGY MARKET -KEY COMPANY PROFILES 95

16. APPENDIX 132

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The post At 12.5% CAGR, Digital Pathology Market Size will reach 992 Mn USD by 2025 appeared first on America News Hour.