The REPORT “Digital Pathology Market by Technology (Telepathology (Static & Dynamic) and Whole Slide Imaging) and Application(Academic Research, Diagnosis and Drug Discovery & Development) – global forecast TO 2023”, issued by crystal market research, the market has come across significant development in the past few years and is predictable to grow considerably over the forecast period.
The Digital Pathology Market was worth USD 288.45 million in 2014 and is expected to reach approximately USD 829.27 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.45% during the forecast period. Expanded focus on enhancing work process proficiency and quicker diagnostic tools for chronic ailments, for example, cancer, has been a key factor for surge popular for advanced pathology.
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Digital Pathology allows the management of information generated by computer technology into digital slide. Digital Pathology Market share is increasing due to number of driving factors. Increase in the number of case of chronic diseases is one of the major driving agents. Demand for Digital Pathology is growing in order to improve the techniques of diagnostics imaging also for reducing the cost on that is seen in traditional ways. Growing aged population is also a driving agent as aged people are more prominent of getting affected by chronic diseases. Technical development in the Digital Pathology imaging systems is also seen as one of the major agents driving the market. The technical developments like computerization, robotic light microscopy, multiple fiber optic communications, etc. are contributing to the growth. Increasing number of Digital Pathology systems installation in various economies across the globe.
Digital Pathology also has some restrains the major been the high cost of the systems that are used for testing. Some of the strict rules & regulations that are related with the tests also are restrain to the market. The tests sometimes show sampling error can also be limiting the growth of market.
Market Players:
The leading market players are utilizing some strategies to get hold of more market share, some of the strategies are expansion of international & regional channel also advancement in new products & their launch. The leading players in the Digital Pathology Market are Philips Healthcare, Wipro GE Healthcare Pvt. Ltd., Olympus Corporation, Leica Biosystems, Hamamatsu Photonics, 3DHistech Inc., Ventana Medical Systems and Omynx LLC.
Application Outlook and Trend Analysis:
The academic research section ruled the market, inferable from its wide applications in different research strategies, for example, biomarker profiling and tumour morphological study. The diagnosis section is anticipated to witness speediest development rate over the figure time frame because of expanding predominance of chronic diseases. Additionally, the attention of manufacturers on the improvement of novel and quick symptomatic systems is foreseen to help development.
By Technology: Telepathology, Static, Dynamic, Whole Slide Imaging
By Application: Academic Research, Diagnosis, Drug Discovery & Development
Segment Overview:
Digital Pathology Market is segmented by Technology into Telepathology (Static & Dynamic) and Whole Slide Imaging and by Application into Academic Research, Diagnosis and Drug Discovery & Development.
The technology segment has seen the Whole Slide Imaging leading the market. Increase in the utilization of the process in improved determination & research procedures are major factors contributing to the market. Whole Slide Imaging is seen to have a profitable development in the forecasted time span; this is due to development in the amplification & also Z axis examination of the slides. Telepathology will see a moderate growth.
Technology Outlook and Trend Analysis:
Whole slide imaging fragment ruled on the basis of profit in 2016. Expanding adoption of this system for research exercises and improved determination are the key contributing elements for market development. This technology is anticipated to encounter lucrative development over the conjecture time frame inferable from advancement in amplification and examining of slides at Z axis, which is offered by entire slide imaging. The adoption of telepathology is moderately low and this records for a relatively smaller share in 2016.
By Region:
North America – U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific – Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
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Regional Overview:
North America dominated the shares of the Digital Pathology Market owing to; constant investments for R&D, increasing utilization of computerized imaging, government activities relating to the advancement of technologically developed systems and presence of key players in this region are the key factors contributing towards the dominance. Asia Pacific is anticipated to develop at the speediest CAGR of over the forecast period.
Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
…
8.Company Profiles
8.1.Leica Biosystems
8.1.1.Business Overview
8.1.2.Product Portfolio
8.1.3.Strategic Developments
8.2.Hamamatsu Photonics Inc.
8.2.1.Business Overview
8.2.2.Product Portfolio
8.2.3.Strategic Developments
8.3.Philips Healthcare
8.3.1.Business Overview
8.3.2.Product Portfolio
8.3.3.Strategic Developments
8.4.Olympus Corporation
8.4.1.Business Overview
8.4.2.Product Portfolio
8.4.3.Strategic Developments
8.5.Ventana Medical Systems, Inc
8.5.1.Business Overview
8.5.2.Product Portfolio
8.5.3.Strategic Developments
8.6.GE Healthcare
8.6.1.Business Overview
8.6.2.Product Portfolio
8.6.3.Strategic Developments
8.7. MikroScan Technologies
…
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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Continued…
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