Digital Pathology Market is Expected to Reach USD 7.1 Billion by 2024

New York, USA, 2018-Jul-27 — /EPR Network/ —According to Goldstein Research, global digital pathology market size is expected to reach USD 7.1 billion by 2024, growing at a CAGR of 16.0% over the forecast period 2016-2024. Improving efficiency and productivity of the pathology, along with enhancing the future of digital pathology that eventually could encompass enhanced translational research, computer-aided diagnosis (CAD) and personalized medicine are perhaps driving the market. Digital pathology market segmentation has been carried out on the basis of product, application, and end-user. Whole slide imaging accounted for the highest revenue-generating segment and is projected to grow at a CAGR of 13.65% over the forecast period, while hospitals & diagnostic lab along with pharma & biotech companies comprise 70% market share of total digital pathology market.

Digital pathology market is dominated by North America and is closely followed by Europe region. APAC would exhibit the highest CAGR of 25% over the forecast period due to the expansion of the visualization of real digital slide-based routine surgical pathology in practice.

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Market Segmentation

On the basis of our in-depth analysis, Global Digital Pathology Market can be segmented as follows:

By Application

  • Academic Research
  • Disease Diagnosis
  • Secondary Consultations
  • Telepathology

By Product

  • Whole Slide Imaging
  • Image Analysis-Informatics
  • Information Management System Storage & Communication
  • Others

By End-User

  • Pharma & Biotech Companies
  • Hospital & Diagnostic Centers
  • Educational Institutes
  • Contract Research Organizations

 By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Digital Pathology Market Outlook 2024” contains a detailed overview of the global digital pathology market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, application, and end-user.

Further, for the in-depth analysis, Global Digital Pathology Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This global market research report also includes competitive outlook of some of the major players profiling of companies such as Philips Healthcare, 3DHISTECH, Danaher, OLYMPUS, F. Hoffmann-La Roche, Visiopharm, Indica Labs, Digipath Inc., Hamamatsu Photonics K. K., PerkinElmer Inc., Nikon Corporation, PathXL, Pixcelldata Ltd., Glencoe Software Inc., Definiens AG, Inspirata, Leica Biosystems, Ventana Medical Systems, Inc., Apollo Enterprise Imaging Corp., Xifin, Inc., Omnyx LLC, Corista LLC, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global digital pathology market share along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare market analysis report helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

 

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