Pune, 7, April, 2023: Maximize Market Research, a Healthcare business research firm has published a report on the “Digital Pathology Market”. As per the report, the total market for Digital Pathology was USD 828 Mn in 2021 and is expected to grow at a CAGR of 13.8 percent over the forecast period to reach USD 2328.99 Mn by 2029.
Digital Pathology Market Report Scope and Research Methodology
The Digital Pathology market has been analyzed at global, regional and country levels. The segment-wise and region-wise analysis of the Digital Pathology market dynamics including drivers, restraints, challenges and opportunities has been provided in the report. This detailed analysis of the market makes the report an investor’s guide.
A bottom-up approach has been used to estimate the Digital Pathology market size. Key Players in the Digital Pathology market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and Digital Pathology industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. SWOT analysis was used to provide strengths, weaknesses, opportunities and threats of the Digital Pathology key players in the industry.
Digital Pathology Market Dynamics
The global Digital Pathology Market is driven by the rising adoption of digital pathology to enhance lab efficiency, the growing applications of digital pathology in drug development and companion diagnostics and the increasing incidence of cancer. The introduction of affordable scanners for private pathology practices is creating various opportunities for market growth.
Digital pathology systems require significant capital investments and are expensive too. The cost of the software, hardware and services associated with the system is high. This is expected to hamper the growth of the Digital Pathology Market. The lack of trained pathologists is the major challenge for the growth of the market.
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Digital Pathology Market Regional Insights
The North America region held the largest Digital Pathology Market share in 2021 and is expected to retain its dominance during the forecast period. This growth of the region is majorly due to the continuous deployment of research and development expenditures and increased use of digital imaging.
The Europe region accounted for the second-largest Digital Pathology Market share in 2021. The regional market growth is driven by the increasing use of technologically advanced solutions with the regulatory clearance of products.
Digital Pathology Market Segmentation
By Type
- Human Pathology
- Veterinary Pathology
By Product
- Scanners
- Software
- Storage Systems
By Application
- Drug Discovery
- Disease Diagnosis
- Training & Education
By End-User
- Drug Discovery
- Disease Diagnosis
- Training & Education
Digital Pathology Key Competitors include:
- Glencoe Software (US)
- Inspirata, Inc. (US)
- PathAI Inc. (US)
- Proscia Inc. (US)
- Apollo Enterprise Imaging (US)
- Akoya Biosciences (US)
- Corista (US)
- Indica Labs (US)
- XIFIN, Inc. (US)
- PerkinElmer Inc. (US)
- Mikroscan Technologies (US)
- Motic (US)
- OptraSCAN (US)
- General Electric (US)
- Pathcore (Canada)
- Objective Pathology Services (Canada)
- Huron Digital Pathology (Canada)
- Leica Biosystems (Germany)
- Olympus Corporation (Japan)
- Hamamatsu Photonics (Japan)
- Koninklijke Philips N.V. (Netherlands)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- 3DHISTECH (Hungary)
- Visiopharm A/S (Denmark)
- Aiforia Technologies Oy (Finland)
- Sectra AB (Sweden)
- Kanteron Systems (UK)
- Agfa-Gevaert Group (Belgium)
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Table of Content for Digital Pathology Market
- Global Digital Pathology Market: Research Methodology
- Global Digital Pathology Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Digital Pathology Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Digital Pathology Market Segmentation
- Global Market, by Type (2021-2029)
- Global Market, by Product (2021-2029)
- Global Market, by Application (2021-2029)
- Global Market, by End-User (2021-2029)
- Regional Digital Pathology Market (2021-2029)
- Regional Market, by Type (2021-2029)
- Regional Market, by Product (2021-2029)
- Regional Market, by Application (2021-2029)
- Regional Market, by End-User (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key questions answered in the Digital Pathology Market are:
- What was the Digital Pathology Market size in 2021?
- What is the expected Digital Pathology Market Size by 2029?
- What is the expected CAGR of the Digital Pathology Market during the forecast period?
- Which segment of the Digital Pathology Market is expected to grow at a high rate during the forecast period?
- What are the major drivers of the Digital Pathology Market?
- What are the major challenges for the Digital Pathology Market?
- What are the factors restraining the Digital Pathology Market growth?
- What are the upcoming industry applications and trends for the Digital Pathology Market?
- Who are the key players in the Digital Pathology Industry?
- Who held the largest Digital Pathology Market share?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product, Type, Application, End-User and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Digital Pathology Systems Market– The market size is expected to reach USD 1.55 billion by 2029 at a CAGR of 6.5 percent during the forecast period. The market is expected to be driven by the increasing affectation of digital pathology to increase lab efficiency.
Histopathology Services Market– The market size is expected to reach USD 41.2 million by 2029 at a CAGR of 8 percent during the forecast period. The market is expected to be driven by increasing demand for detection of cell and tissue characteristics with an increase in the prevalence of the cell-based diseases such as cancer.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverTypes, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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