The Global digital pathology market is projected to garner revenue worth $1,694 million by 2022 at a CAGR of 17.6% during 2017-2025.Digital pathology is an emerging technology in the pathology field, in which the glass slides are converted into digital images for easy viewing, analysis, storage, and management of the collected data.
Digital Pathology Market, The key companies profiled in the report are Visiopharm, Indica Labs, Digipath Inc., Koninklinje Philips N. V., Hamamatsu Photonics K. K., PerkinElmer, Inc., Danaher Corporation (Leica Microsystem), Nikon Corporation, Pixcelldata Ltd., Glencoe Software Inc., and Definiens AG.
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Digitalization of pathology has led to the automation of the tests during diagnosis that resulted in saving cost and efforts. The growth of the market is attributed to factors such as efficient cost of digital pathology products, ease of transportation of slides virtually, high efficiency of digital pathology systems, and efficient analysis of digital slides. In addition, increased adoption of digital pathology over conventional pathology treatments drives the market.
Whole slide imaging is the highest revenue-generating segment as it is the most preferred method used to produce digital slides by scanning the whole glass slide. This segment is projected to grow at a CAGR of 14.4% during the study period. By end user, the market is segmented into educational institutes, hospitals and diagnostic centers, and pharmaceutical & biotechnology companies. Hospitals & diagnostic centers and pharmaceutical & biotechnology segments collectively accounted for more than 70% of the market share in 2015. In terms of geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia Pacific and LAMEA together accounted for about 20% of the market in 2015.
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DIGITAL PATHOLOGY MARKET KEY SEGMENTS:
- Market – by Product
- Whole Slide Imaging
- Image Analysis – Informatics
- Information Management System Storage & Communication
- Market – by End User
- Educational Institutes
- Hospitals and diagnostic centers
- Pharmaceutical & biotechnology companies
- Market – by Geography
- North America
Key point from Table of Content:
Chapter 7 Company Profiles
7.1.1 Company Overview
7.1.2 Company Snapshot
7.1.3 Operating Business Segments
7.1.4 Key Strategic Moves & Developments
7.1.5 SWOT Analysis
7.2 Indica Labs
7.3 Digipath Inc.
7.4 Koninklinje Philips N.V.
7.5 Hamamatsu Photonics K.K.
7.6 PerkinElmer, Inc.
7.7 Danaher Corporation (Leica Microsystem)
7.8 Nikon Corporation
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