The Global Digital Pathology Market Report By The Business Research Company Covers Digital Pathology Market’s Drivers And Restraints, Digital Pathology Market Size, Major Players, And The Impact Of COVID-19 On The Digital Pathology Market.
The digital pathology market consists of the sales of digital pathology equipment, platform solutions and related services by entities (organizations, sole traders, and partnerships) that develop clinical diagnostics, and workflow software and solutions. Digital pathology equipment converts glass slides into high-resolution digital images by utilizing slide scanner hardware, software, and services. These images can be viewed, managed, and analyzed on a computer or mobile screen. Digital pathology is expected to improve quality in the analysis, reduce errors, and provide a clearer and more convenient view, when compared to traditional pathology.
The increased prevalence of cancer contributed to the growth of the digital pathology market.
The global digital pathology market is expected to grow from $0.67 billion in 2020 to $0.72 billion in 2021 at a compound annual growth rate (CAGR) of 8.00%. The growth is mainly due to the growing demand for digital pathology due to COVID-19 impact, which had led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.16 billion in 2025 at a CAGR of 11.34%.
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Some digital pathology market trends include the launch of endoscopy systems with artificial intelligence (AI). Artificial intelligence-based systems have been advanced to anatomize endoscopic images. They identify neoplasms with high accuracy and low interobserver variation. For instance, in April 2020, Olympus Corporation declared the launch of EVIS X1, an AI based endoscopy system. The new system helps derive outcomes from disorders of the stomach, colon, and esophagus, as well as from bronchial diseases, and makes work easier for endoscopist.
Global digital pathology market segments include:
By Product: Scanners, Software, Communication Systems, Storage Systems
By Type: Human Pathology, Veterinary Pathology
By End User: Pharmaceutical & Biotechnology Companies, Hospitals & Reference Laboratories, Academic & Research Institutes
By Application: Drug Discovery, Disease Diagnosis, Teleconsultation, Training & Education
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Digital Pathology Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides digital pathology market overviews, analyzes and forecasts market size, share, digital pathology market players, digital pathology market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The digital pathology identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Digital Pathology Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Leica Biosystems, Koninklijke Philips N.V., 3D-Histech Ltd., Apollo Enterprise Imaging, F. Hoffmann-La Roche Ltd, Visiopharm A/S, Hamamatsu Photonics K.K., Corista, Ventana Medical Systems, Inc., Huron Digital Pathology Inc., Indica Labs, Inc., and Olympus Corporation of the Americas, Objective Pathology Services, and XIFIN.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Digital Pathology Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Digital Pathology Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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