Transparency Market Research (TMR) has published a new report
titled, ‘Digital Pathology Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2019–2027’. According to the report, the
global digital pathology market was valued at US$
0.38 Bn in 2018 and is projected to expand at a CAGR of
over 12.0% from 2019 to 2027.
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Overview
·
Digital
pathology (DP) is an image-based platform that involves managing, analyzing and
interpreting digital information reflected on a digitized slide. Digital
pathology technologies are utilized in many application areas such as forensic
pathology, oral pathology and human pathology. Digital pathology is poised to
streamline the workflow and activities of diagnostic laboratories and
pathologists in near future
·
Digital
pathology market is currently booming owing to rise in research and development
activities. Surge in incidence and prevalence of chronic diseases and demand
for advanced therapeutics are leading to increase in demand for new drugs and
medicines. This in turn is increase in focus of research and development.
·
Increase
in number of trade fairs and exhibitions are creating awareness about the
benefits of digital pathology solution. For instance, the 2nd international
conference of digital pathology was held in November 2017 which
brought together research scientist, pathologist and professors from different
countries to discuss the complete digital solution for pathology. Thus, rise in
awareness towards usage of digital pathology solutions for diagnosis of
disorders and diseases is anticipated to drive the growth of market.
·
North
America dominate the global digital pathology market in 2018 and
the trend is anticipated to continue during the forecast period. Well
established healthcare infrastructure, early adoption of advanced solutions and
vast patient pool are the factors anticipated to drive the global digital
pathology market in the region.
·
Asia
Pacific is likely to be a highly lucrative region for the digital pathology
market and is expected to expand at a high CAGR during the forecast period.
Demand for newer solutions, surge in geriatric population with various chronic
diseases and growing government initiatives to improve healthcare
infrastructure are key factors likely to boost the digital pathology market in
Asia Pacific.
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Rising Adoption of Telepathology and Virtual
Pathology to Drive Global Digital Pathology Market
·
IT and
operations segments have rapidly expanded the use of virtualization
technologies in the last few years. Pathology is considered to be visual
science and telepatholgy and virtual pathology are the new landscape of
diagnostic pathology
·
Recent
advances in telecommunication, microelectronics, sensor manufacturing, and data
analysis techniques have created new possibilities for telepatholgy and virtual
pathology in digital pathology market
·
Telepatholgy
is being practiced by many laboratories across the world and gaining popularity
across the emerging economies which is expected to boost the growth of digital
pathology market during the forecast period
Image Analysis Software Segment to Dominate Digital
Pathology Market
·
In terms
of products, the global digital pathology market has been segmented into image
analysis software and scanners. The image analysis software segment dominated
the global digital pathology market in 2018 and the trend is
projected to continue during the forecast period. Rising awareness about
healthcare IT and rising demand for integrated advanced technology products are
the factors anticipated to drive the growth of segment
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Pathology Market Report –
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Diagnostic Laboratories Segment Hold a Major Share
of Global Digital Pathology Market
·
In terms
of end-user, the global digital pathology market has been classified into
diagnostic laboratories, academic & research centers, pharmaceutical
companies and others
·
The
diagnostic laboratories segment is likely to dominate the digital pathology
market during the forecast period. Increasing number of diagnostics
laboratories while scarcity of skilled pathologist across the globe is
anticipated to fuel the growth of segment.
Diagnosis Segment to Dominate Global Digital
Pathology Market
·
Based on
application, the global digital pathology market has been segmented into
diagnosis, consulting services, educational and others
·
The
diagnosis segment dominated the global digital pathology market in 2018 and
trend is projected to continue during the forecast period. Rising awareness
about early diagnosis and increase in patient pool are the factors anticipated
to drive the growth of segment.
North America to Dominate Global Digital Pathology
Market
·
In terms
of region, the global digital pathology market has been segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America dominated the global digital pathology market in 2018,
followed by Europe.
·
North
America accounted for major share of the global digital pathology market
in 2018. High disease prevalence, presence of key players and
supportive healthcare infrastructure are the major drivers of the digital
pathology market in the region.
·
The
digital pathology market in Asia Pacific is anticipated to expand at a high
CAGR from 2019 to 2027. Rising awareness
about telepathology, rise in healthcare infrastructure, unmet medical needs and
untapped nature of the market are the key factors for market growth in the
region
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Competitive Landscape
·
The
global digital pathology market is fragmented in terms of number of players.
Key players in the global digital pathology market include Leica
Biosystems Imaging, Inc., OLYMPUS CORPORATION, F. Hoffmann-La Roche Ltd,
Mikroscan Technologies, Inc. Koninklijke Philips N.V., Sectra AB and
Inspirata
The global digital pathology market has been segmented as follows:
·
Global Digital Pathology Market, by Product Type
o
Image
Analysis Software
o
Scanner
·
Global Digital Pathology Market, by End-user
o
Diagnostic
Laboratories
o
Academic
& Research Centers
o
Pharmaceutical
Companies
o
Others
·
Global Digital Pathology Market, by Applications
o
Diagnosis
o
Consulting
Services
o
Educational
o
Others
·
Global Digital Pathology Market, by Region
o
North
America
§
U.S.
§
Canada
o
Europe
§
Germany
§
U.K.
§
France
§
Italy
§
Spain
§
Rest of
Europe
o
Asia
Pacific
§
China
§
India
§
Japan
§
Australia
& New Zealand
§
Rest of
Asia Pacific
o
Latin
America
§
Brazil
§
Mexico
§
Rest of
Latin America
o
Middle
East & Africa
§
GCC
Countries
§
South
Africa
§
Rest of
Middle East & Africa
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