The global Digital Pathology Market was worth USD 878.96 million in 2022 and is anticipated to amplify at a CAGR of 9.3% over 2023-2033, thereby accumulating USD 1,790.33 million by end of the analysis timeline.
Market Overview
The phrase "digital pathology market" frequently refers to an image-based, dynamic system that has made pathology data generated from a digitalized glass slide able to be acquired, organized, and assessed. Digital pathology is gaining popularity quickly as an essential technology development with specific applications in drug discovery, education, tissue-based research, and human pathology practice across the globe. Digital pathology is important because it can swiftly produce reliable diagnostic results while reducing human error. Repetitive jobs can also be accelerated by digital pathology.
Digital pathology technology is advantageous to a research pipeline in two ways. The first is the programs that are specifically meant for storing and viewing files; these are helpful for organizing macroscopic images, tissue microarrays, and entire slide images. The second way that digital pathology is being employed in research is through the development and application of image analysis techniques. The rise in the global digital pathology market may be attributed primarily to the growing demand for accurate diagnosis, a rise in cancer incidence, and the development of cutting-edge digital pathology systems by multiple notable entities. The growing need for digital pathology systems and the increasing prevalence of chronic and cardiovascular diseases have both contributed to the growth of the digital pathology industry.
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Digital pathology market Segmentation
Based on the items offered, the digital pathology market is segmented into hardware, software, and storage systems sectors. The hardware segment held the largest percentage of the global market. The increase in the number of laboratories doing in-vitro tests and the growing need for quick answers are the reasons for the growing requirement for hardware products. It is anticipated that these elements will fuel the segment's growth.
Regional Insights
The global digital pathology market is primarily composed of five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
North America has dominated the global digital pathology market. This is a result of the rising incidence of cancer in general, the presence of notable individuals, and the expansion of the healthcare sector.
Digital pathology market : segmental coverage
Application
- Glass
- Foundries
- Construction
- Ceramics
- Chemical industry
Geography
- North America
- Europe
- Asia Pacific
- and South and Central America
Regional Insights
The five primary countries that make up the global digital pathology market are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Globally, North America has dominated the market for digital pathology. This is a result of the growing number of instances of cancer of all kinds, the existence of important figures, and the growth of the healthcare industry.Market Leaders and Important Business Details.
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Key Companies
- BiosystemsBiosystems
- Leica Biosystems
- Koninklijke Philips N.V.
- Hamamatsu Photonics
- Hoffmann-La Roche Ltd.
- 3DHISTECH
- Apollo Enterprise Imaging
- XIFIN
- Huron Digital Patholog
- Visiopharm A/S
- Aiforia Technologies Oy
- Akoya Biosciences
- Corista
- Indica Labs
- Objective Pathology Services
- Sectra AB
- OptraSCAN
- Glencoe Software
- KONFOONG BIOTECH INTERNATIONAL CO.
- LTD
- Inspirata
- PathAI
- Proscia Inc.
- Kanteron Systems
- Mikroscan Technologies
- Motic
- Paige
- and Others.
End Users Insights
There are several reasons why the clinical segment of the digital pathology market is growing. One of the main reasons driving this market's growth is the increasing use of digital pathology technologies in clinical settings for diagnosis, research, and education. By facilitating real-time image and data sharing among medical professionals, as well as quicker and more accurate disease detection, digital pathology enhances patient outcomes.
AI-powered digital imaging, in particular, has revolutionized the pathology industry by enabling the large-scale scanning of patient samples. To put things in perspective, data collection, organization, processing, and distribution in a digital environment (via digital slides) constitute AI-based digital pathology, also referred to as AI pathology. This method creates digital slides by scanning traditional glass slides with a scanning instrument. A computer screen or a mobile device can display the resulting high-resolution digital image.
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