According to the report “Global Digital Pathology Market”, published by Market Data Forecast, the global market is projected to reach USD 643.39 million by 2021, at a CAGR of 11.54 % from 2016 to 2021.
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Digital pathology by definition is an image-based information environment for management, analysis, and interpretation of the medical information achieved from a digital slide. In a nutshell, the digitalization of conventional pathology lab is referred as digital pathology. This technology has gained momentum in the global medical and healthcare industry, due to the improvements it brings in a number of applications such as drug discoveries, development of multi-functional devices, diagnostic tests and other research purposes.
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The factors impacting the Global Market for Digital Pathology Market, either positively or negatively are presented in the DROC analysis. Increasing no. of cancer cases, growing presence of tele-consultations, high efficacy of digital pathology systems with increased adoption rate and more initiatives undertook by government as well as private companies are helping the cause of the digital pathology market. On the other hand, barriers such as strict regulatory concerns for primary diagnosis, lack of standard guidelines for digital pathology, nonexistence of reimbursement and deficiency in skilled personnel are some of the major factors that are constraining the market in all likelihood. However, mounting requirement for sophisticated healthcare facilities which can be met through establishing digital pathology systems, would offer lucrative opportunities for the service providers in the future if they can overcome threats like high cost of installing new technology or building new infrastructure.
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For granular level understanding the Digital Pathology Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
- Human Digital Pathology
- Animal Digital Pathology
- Communication Systems
- Storage Systems
- Diseases Diagnosis
- Drug Discovery
By End User
- Pharmaceutical Companies
- Academic Institutions
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Basedon geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Digital Pathology . For more of regional analysis check out the following reports.
- North America Digital Pathology Market
- Europe Digital Pathology Market
- Asia-Pacific Digital Pathology Market
- Latin America Digital Pathology Market
- Middle East and Africa Digital Pathology Market
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Some of the key players operating in the market include Definiens AG, Perkin Elmer, Inc., Sectra AB, GE Healthcare, Koninklijke Philips N.V, Inspirata Co., Inc., Leica Biosystems, Ventana Medical Systems, 3D-Histech Ltd, Digipath Co., Hamamatsu Photonics, K.K., ZEISS, Olympus Corporation, Quorum Technologies Inc and Yokogawa Electronic Corporation .
The Digital Pathology market study offers the following deliverables:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
- Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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