Report Scope & Overview:
The Digital Pathology Market size was estimated at USD 1006 million annually by 2022, and is expected to reach USD 1782 million by 2030 and improve to a CAGR of 7.4% over the estimated period 2023-2030.
Digital pathology is a part of pathology that spotlights on information the executives in view of data produced from advanced created test slides. Advanced pathology utilizes virtual microscopy with the assistance of PC based innovation. Despite the fact that the basic visual acuity has not changed much, digital pathology has resulted in significant improvements in pathology laboratory efficiency, workflow, and revenue. Digital pathology enables the user to convert glass slides into digital slides that can be manipulated, shared, viewed, and analyzed on a computer monitor. Automatic image analysis tools can also be used to help define and measure biomarker expression within tissue categories.
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Primary diagnostics, consultation and diagnosis, internal diagnostics, medical and resident student training, manual and semi-quantitative immunohistochemistry (IHC) reviews, clinical research, diagnostic support, peer review, and tumor boards are all examples of digital care applications. pathology. Advanced scanning of glass slides, analyzing the value of all slide images, real-time web-based consultations with experienced pathologists, and secure storage of pathology data are some of the Life Science applications. With specialized educational support, muscle-based research, drug development, and human pathology work around the world, digital pathology is rapidly gaining ground as a proven and important technology.
MARKET DYNAMICS
DRIVERS
Increased acceptance of digital pathology to improve laboratory efficiency
Rising Access to Electronic Health Records.
Cost Savings Associated with the Use of Digital Pathology
RESTRAINTS
The high cost of digital pathology programs
OPPORTUNITIES
Introduction of affordable scanners for independent pathology processes
CHALLENGES
Lack of trained pathologists
IMPACT OF COVID-19
The outbreak of COVID-19 is expected to have a positive impact on the growth of the digital pathology market globally. U.S. Center for Devices and Radiological Health. The FDA has issued a mandatory policy for remote digital pathology devices, targeted at pathologists, clinical laboratories, and drug control staff. Therefore, the increase in chronic diseases has increased the use of digital diagnostic pathology systems, which are expected to advance the digital pathology market during forecasting.
Therefore, new innovations by key players and an increase in the number of product approvals encourage market growth. However, the high costs associated with digital pathology systems are expected to hamper market growth during forecasting.
By Product:
The device component includes scanner and slide management systems. The growing acceptance of educational research activities and improved solutions are the key to component growth. This technology is expected to see significant gains in the forecast period due to advances in enlargement and scanning slides on the Z-axis, which is provided by the full slide image. In addition, accurate user connections and high bandwidth connections are expected to increase your usage values. Major players are constantly introducing technological advances in digital pathology scanners.
By Type
The global digital pathology market is divided into human pathology and veterinary pathology. The human pathology segment had the largest share of the digital pathology market in 2021. This is due to the growing number of cancer research activities and the growing collaboration between research institutes, universities, and research centers.
By Application
The digital pathology market is divided into drug discovery, diagnosis, training and education. The drug discovery segment had the largest share in the digital pathology market by 2021. The increase in R&D costs is driven by the need for more pre-clinical and clinical studies conducted during drug discovery and the development process is a major factor responsible for market growth.
By End Use
The worldwide Digital pathology market is separated into drug and biotechnology organizations, medical clinics and reference labs, and instructive and research establishments. Part of the drug and biotechnology organizations turned into the biggest investor in the advanced pathology market by 2020. A major contribution to this category can be attributed to the increasing use of digital pathology in drug discovery studies and drug toxicology testing. Biotechnology companies also use digital pathology for biobanking, biopharmaceutical studies, molecular testing, and individual drug development.
KEY MARKET SEGMENTATION:
By Product
Scanners
Brightfield
Other Scanners
Software
Integrated Software
Standalone Software
Information Management Software
Storage Systems
By Type
Human Pathology
Veterinary Pathology
By Application
Disease Diagnosis
Training & Education
By End User
Pharmaceutical & Biotechnology Companies
Hospitals and Reference Laboratories
Academic & Research Institutes
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REGIONAL ANALYSIS
North America ruled the digital pathology market by 2021, and is supposed to keep on overwhelming the gauge period, because of rising quantities of various sorts of disease cases, the presence of central participants, the improvement of the medical care industry, and the accessibility of development. digital pathology systems in the region. However, Asia-Pacific is expected to register a very high CAGR of 7.4% from 2022 to 2028, due to an increase in the spread of chronic diseases, and the development of health care infrastructure.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
Some of the major key players are as follows: 3DHISTECH Ltd., F. Hoffmann-La Roche Ltd., Hamamatsu Photonics, Inc., Huron Technologies International, Inc., Inspirata, Inc., Koninklijke Philips N.V., Leica Biosystems (Danaher), Mikroscan Technologies, Olympus Corporation, Visiopharm A/S, and other players.
| Report Attributes | Details |
| Market Size in 2022 | US$ 1006 Million |
| Market Size by 2030 | US$ 1782 Million |
| CAGR | CAGR of 7.4% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By Product (Scanners (Brightfield, Other Scanners), Software (Integrated Software, Standalone Software, Information Management Software, Image Analysis Software), Storage Systems), Type (Human Pathology, Veterinary Pathology) • By Type (Human Pathology, Veterinary Pathology) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | 3DHISTECH Ltd., F. Hoffmann-La Roche Ltd., Hamamatsu Photonics, Inc., Huron Technologies International, Inc., Inspirata, Inc., Koninklijke Philips N.V., Leica Biosystems (Danaher), Mikroscan Technologies, Olympus Corporation, Visiopharm A/S, and other players. |
| DRIVERS | • Increased acceptance of digital pathology to improve laboratory efficiency • Rising Access to Electronic Health Records. • Cost Savings Associated with the Use of Digital Pathology |
| RESTRAINTS | • The high cost of digital pathology programs |
Ans: The Digital Pathology Market size was valued at US$ 1006 million in 2022.
North America ruled the digital pathology market.
Digital Pathology Market is divided into four segments and they are By Product, By Type, By Application, and by End User
The high cost of digital pathology programs are the restraints of the Digital Pathology market.
Ans: The Digital Pathology market is expected to grow at a CAGR of 7.4% over the forecast period 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Digital Pathology Market Segmentation, By Product
8.1 Scanners
8.1.1 Brightfield
8.1.2 Other Scanners
8.2 Software
8.2.1 Integrated Software
8.2.2 Standalone Software
8.2.3 Information Management Software
8.2.4 Image Analysis Software
8.3 Storage Systems
9. Digital Pathology Market Segmentation, By Type
9.1 Human Pathology
9.2 Veterinary Pathology
10. Digital Pathology Market Segmentation, By Application
10.4 Drug Discovery
10.5 Disease Diagnosis
10.6 Training & Education
11. Digital Pathology Market Segmentation, By End User
11.1 Pharmaceutical & Biotechnology Companies
11.2 Hospitals and Reference Laboratories
11.3 Academic & Research Institutes
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 3DHISTECH Ltd
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 F. Hoffmann-La Roche Ltd.
13.3 Hamamatsu Photonics, Inc.
13.4 Huron Technologies International, Inc.
13.5 Inspirata, Inc.
13.6 Koninklijke Philips N.V.
13.7 Leica Biosystems (Danaher)
13.8 Mikroscan Technologies
13.9 Olympus Corporation
13.10 Visiopharm A/S.
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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