The Veterinary Digital Pathology Market was valued at 0.8 Bn in 2023 and is expected to reach 2.64 Bn by 2031 and grow at a CAGR of 12.9% over the forecast period of 2024-2031.
The use of digital imaging technologies and computer-based analysis in the field of veterinary pathology is part of the veterinary digital pathology market. By digitising and examining histopathology slides and photographs, it seeks to increase the effectiveness, accuracy, and accessibility of veterinary diagnostics.
In digital pathology, high-resolution digital photographs of tissue samples are collected, managed, and interpreted. These images may then be viewed and examined using specialised software. With the use of veterinary digital pathology, pathologists and veterinarians can diagnose and keep track of a variety of illnesses and problems in animals.
To Get More Information on Veterinary Digital Pathology Market - Request Sample Report
The market for veterinary digital pathology is propelled by technological breakthroughs, rising need for better diagnostic tools for veterinary medicine, and the expanding use of digital healthcare solutions. It includes both hardware (such slide scanners) and software options for managing, analysing, and digitising slides.
There are many different market participants, including veterinary pathologists, hospitals and clinics for animals, research organisations, and producers of digital pathology solutions. The creation and marketing of veterinary digital pathology Products is heavily influenced by businesses that produce image analysis software, digital pathology systems, and telepathology solutions.
An increase in the demand for remote solutions was brought on by social segregation policies and travel limitations that required veterinary clinics and laboratories to discover ways to continue operating while limiting physical contact. The need for remote solutions—including digital pathology—rose as a result. To eliminate the necessity for in-person encounters, veterinary practitioners used digital platforms to remotely communicate photos and slides for diagnosis and advice.
During the pandemic, telemedicine spread more widely in veterinary medicine. Pathologists and veterinarians used teleconferencing equipment and digital platforms to interact with pet owners virtually. Telemedicine was made possible by the development of digital pathology, which made it possible to examine and analyses tissue samples from a distance.
The pandemic disrupted regular business operations, which caused delays in the adoption and implementation of new technologies, despite the rise in interest in digital pathology solutions. The integration of digital pathology systems was delayed down by budgetary limitations, a lack of resources, and the necessity to give priority to urgent patients in veterinary clinics and laboratories.
The pandemic had an effect on the world's supply chain, impacting the accessibility of the tools, supplies, and software required for digital pathology. Lack of supply and difficulties in obtaining the necessary instruments for the adoption of digital pathology were brought on by delays in manufacturing and delivery as well as by rising demand.
During the pandemic, certain veterinary research organizations focused their attention and resources on COVID-19-related investigations and vaccine development. The funding and focus in other fields, such as veterinary digital pathology, may have momentarily suffered as a result of this change in research priorities.
DRIVERS:
The demand is being driven by the expanding pet population and rising costs for pet treatment.
Digital pathology makes veterinary illness diagnostics more precise and effective.
The Veterinary Digital Pathology markets expanding as a result of the creation of sophisticated digital pathology solutions, such as high-resolution imaging equipment, artificial intelligence (AI) algorithms, and cloud-based platforms. These innovations boost diagnostic precision, effectiveness, and teamwork among veterinary specialists. The need for sophisticated diagnostic services in veterinary medicine is being driven by the expanding pet population and increasing public awareness of pet healthcare. To protect their dogs' wellbeing, pet owners are becoming more and more prepared to spend money on thorough and precise diagnostic treatments, including digital pathology.
RESTRAIN:
Sensitive veterinary patient data being digitised raises questions about data privacy and security.
In veterinary digital pathology, there are no standardized procedures for picture capture, storage, or analysis.
Digital pathology system implementation can be pricey since it calls for expenditures on infrastructure, infrastructure, software, training, and equipment. The initial capital outlay may serve as a barrier, especially for small veterinary clinics and laboratories with constrained funding. Lack of Diagnostic criteria, picture analysis, and data exchange methods are not standardized in the veterinary digital pathology sector. Lack of common standards may make it difficult to understand data, which might prevent the broad use of digital pathology solutions.
OPPORTUNITY:
Enhancement of veterinary digital pathology solutions has been the subject of ongoing research and development.
Telemedicine platforms with digital pathology integration provide remote collaboration and consultation.
Advanced veterinary diagnostics are in higher demand in emerging nations because to urbanization, rising disposable income, and a greater emphasis on pet healthcare. The expansion of their client base and diversification into new markets are made possible by these markets, which provide veterinary digital pathology providers tremendous growth potential. Integration of AI and Machine Learning: Veterinary pathology's diagnostic capabilities, accuracy, and efficiency may all be improved by integrating AI and machine learning algorithms with digital pathology systems. These tools might help veterinarians make more accurate diagnoses by automating picture processing, finding patterns, and identifying them.
CHALLENGES:
Regarding the use, distribution, and storage of photographs of animal tissue, digital pathology creates ethical questions that call for compliance with privacy laws and ethical standards.
Veterinary practitioners’ ignorance of the advantages and use of digital pathology.
Despite the advantages of digital pathology, there may be a lack of knowledge and comprehension among veterinary practitioners regarding its potential uses and benefits. To encourage wider usage, pathologists and veterinarians must be informed about the advantages of digital pathology.
Regulation and Ethical Issues: The application of digital pathology in veterinary medicine poses issues of data protection, image storage, and ethical standards. Regulation compliance and protecting patient data confidentially are important issues that must be resolved.
The war may cause a disruption in the supply of consumables and equipment for veterinary digital pathology. The markets for veterinary diagnostics and other forms of medical Animal Type are dominated by both Russia and Ukraine. Any delays, shortages, or price increases might result from any disturbances in the manufacture, shipping, or distribution of these goods. Both Russia and Ukraine may experience economic instability as a result of the conflict. Reduced investment across a range of industries, including veterinary healthcare, can be brought on by instability. Financial limitations may prevent veterinary clinics and laboratories from implementing or upgrading digital pathology systems. During times of war, resources may be diverted from research and development operations in the veterinary area in order to deal with more urgent problems. This can impede the development of digital pathology technologies and solutions, which would have an impact on the market's overall expansion. Veterinary professionals may be displaced as a result of the conflict, both inside Ukraine and beyond international boundaries. This might lead to a lack of specialists and pathologists with the necessary skills for deploying and using digital pathology systems successfully.
IMPACT OF ONGOING RECESSION:
Spending on diagnostic services and veterinarian visits may decline during a recession as a result of the financial burden that pet owners may feel. The adoption and use of digital pathology solutions in veterinary clinics and laboratories may be impacted by this drop-in demand. Veterinary clinics and laboratories frequently make lower capital investments during economic downturns. Due to financial limitations or uncertainty over potential future revenue sources, they may delay or postpone investments in pricey digital pathology hardware and software. During recessions, smaller veterinarian clinics may merge with bigger ones. Larger practices may be better able to invest in cutting-edge Animal Type like digital pathology since they often have more resources and financial stability. Larger veterinary facilities may employ these technologies more frequently as a result, whereas smaller practices may find it difficult to do so. During recessions, funding for veterinary research and development projects may be cut. This would hinder the creation of new digital pathology features, technologies, and applications, which would hinder the market's overall expansion and innovation.
By Product Type
Whole Slide Imaging Systems
Storage and Communication Systems
By Application
Diagnosis
Research
By Animal Type
Companion Animals
Livestock Animals
Exotic Animals
By End User
Veterinary Hospitals and Clinics
Veterinary Reference Laboratories
Veterinary Research Institutes
Do You Need any Customization Research on Veterinary Digital Pathology Market - Enquire Now
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
The Major Players are IDEXX Laboratories, Inc., Zoetis Inc., VCA Inc., Heska Corporation, Agfa-Gevaert Group, Philips Healthcare, Sakura Finetek USA, Inc., Leica Biosystems Nussloch GmbH (Danaher Corporation), Hamamatsu Photonics K.K., Indica Labs, Inc. and Other Players
Zoetis Inc:
By growing and caring for animals to be healthy and productive, veterinarians, veterinary technicians, and livestock producers provide vital services to our communities and guarantee a sustainable future for everybody. Yet veterinarians and farmers confront a wide range of difficulties on a worldwide scale, from mounting school debt and a lack of diversification to issues with their mental health, including increased suicide risk.
| Report Attributes | Details |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product Type (Whole Slide Imaging Systems, Image Analysis Software, Storage and Communication Systems) • By Application (Diagnosis, Research) • By Animal Type (Companion Animals, Livestock Animals, Exotic Animals) • By End Users (Veterinary Hospitals and Clinics, Veterinary Reference Laboratories, Veterinary Research Institutes) |
| 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 | IDEXX Laboratories, Inc., Zoetis Inc., VCA Inc., Heska Corporation, Agfa-Gevaert Group, Philips Healthcare, Sakura Finetek USA, Inc., Leica Biosystems Nussloch GmbH (Danaher Corporation), Hamamatsu Photonics K.K., Indica Labs, Inc. |
| Key Drivers | • The demand is being driven by the expanding pet population and rising costs for pet treatment. • Digital pathology makes veterinary illness diagnostics more precise and effective. |
| Market Opportunities | • Enhancement of veterinary digital pathology solutions has been the subject of ongoing research and development. • Telemedicine platforms with digital pathology integration provide remote collaboration and consultation. |
The Veterinary Digital Pathology market growing at approx. CAGR of 13.4% from 2023 to 2030.
IDEXX Laboratories, Inc., Zoetis Inc., VCA Inc., Heska Corporation, Agfa-Gevaert Group, Philips Healthcare, Sakura Finetek USA, Inc., Leica Biosystems Nussloch GmbH (Danaher Corporation), Hamamatsu Photonics K.K., Indica Labs, Inc.
Utilising digital imaging hardware and software, veterinary digital pathology entails digitising and analysing animal tissue samples. Through the computerised viewing, analysis, and sharing of pathology pictures, pathologists are better equipped to diagnose problems and collaborate more effectively.
A few advantages of veterinary digital pathology include increased workflow effectiveness, higher diagnostic precision, remote consultation capabilities, simpler digital slide storage and retrieval, integration with image analysis algorithms, and assistance for research and teaching.
A broad variety of animals, including pets (dogs, cats, and horses), livestock (cows, pigs, and poultry), and exotic (reptiles, birds, small mammals, and wildlife) species, can benefit from the use of veterinary digital pathology. It can support the investigation and identification of several illnesses and ailments that afflict these animals.
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 the 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. Global Healthcare of Veterinary Digital Pathology market, By Product
8.1 Whole Slide Imaging Systems:
8.2 Image Analysis Software:
8.3 Storage and Communication Systems
9. Global Healthcare of Veterinary Digital Pathology market, By End-User
9.1 Veterinary Hospitals and Clinics
9.2 Veterinary Reference Laboratories
9.3 Veterinary Research Institutes
10. Global Healthcare of Veterinary Digital Pathology market, By Application
10.1 Diagnosis
10.2 Research
11. Global Healthcare of Veterinary Digital Pathology market, By Animal Type
11.1 Companion Animals
11.2 Livestock Animals
11.3 Exotic Animals
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Global Healthcare of Veterinary Digital Pathology market by country
12.2.2 North America Global Healthcare of Veterinary Digital Pathology market by Product Type
12.2.3 North America Global Healthcare of Veterinary Digital Pathology market by End-User
12.2.4 North America Global Healthcare of Veterinary Digital Pathology market by Application
12.2.5 North America Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.2.6 USA
12.2.6.1 USA Global Healthcare of Veterinary Digital Pathology market by Product Type
12.2.6.2 USA Global Healthcare of Veterinary Digital Pathology market by End-User
12.2.6.3 USA Global Healthcare of Veterinary Digital Pathology market by Application
12.2.6.4 USA Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.2.7 Canada
12.2.7.1 Canada Global Healthcare of Veterinary Digital Pathology market by Product Type
12.2.7.2 Canada Global Healthcare of Veterinary Digital Pathology market by End-User
12.2.7.3 Canada Global Healthcare of Veterinary Digital Pathology market by Application
12.2.7.4 Canada Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.2.8 Mexico
12.2.8.1 Mexico Global Healthcare of Veterinary Digital Pathology market by Product Type
12.2.8.2 Mexico Global Healthcare of Veterinary Digital Pathology market by End-User
12.2.8.3 Mexico Global Healthcare of Veterinary Digital Pathology market by Application
12.2.8.4 Mexico Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3 Europe
12.3.1 Europe Global Healthcare of Veterinary Digital Pathology market by country
1.3.3.2 Europe Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.3 Europe Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.4 Europe Global Healthcare of Veterinary Digital Pathology market by Application
12.3.5 Europe Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.6 Germany
12.3.6.1 Germany Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.6.2 Germany Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.6.3 Germany Global Healthcare of Veterinary Digital Pathology market by Application
12.3.6.4 Germany Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.7 UK
12.3.7.1 UK Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.7.2 UK Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.7.3 UK Global Healthcare of Veterinary Digital Pathology market by Application
12.3.7.4 UK Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.8 France
12.3.8.1 France Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.8.2 France Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.8.3 France Global Healthcare of Veterinary Digital Pathology market by Application
12.3.8.4 France Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.9 Italy
12.3.9.1 Italy Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.9.2 Italy Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.9.3 Italy Global Healthcare of Veterinary Digital Pathology market by Application
12.3.9.4 Italy Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.10 Spain
12.3.10.1 Spain Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.10.2 Spain Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.10.3 Spain Global Healthcare of Veterinary Digital Pathology market by Application
12.3.10.4 Spain Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.11 The Netherlands
12.3.11.1 Netherlands Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.11.2 Netherlands Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.11.3 Netherlands Global Healthcare of Veterinary Digital Pathology market by Application
12.3.11.4 Netherlands Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Global Healthcare of Veterinary Digital Pathology market by Product Type
12.3.12.2 Rest of Europe Global Healthcare of Veterinary Digital Pathology market by End-User
12.3.12.3 Rest of Europe Global Healthcare of Veterinary Digital Pathology market by Application
12.3.12.4 Rest of Europe Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4 Asia-Pacific
12.4.1 Asia Pacific Global Healthcare of Veterinary Digital Pathology market by country
12.4.2 Asia Pacific Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.3 Asia Pacific Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.4 Asia Pacific Global Healthcare of Veterinary Digital Pathology market by Application
12.4.5 Asia Pacific Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.6 Japan
12.4.6.1 Japan Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.6.2 Japan Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.6.3 Japan Global Healthcare of Veterinary Digital Pathology market by Application
12.4.6.4 Japan Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.7 South Korea
12.4.7.1 South Korea Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.7.2 South Korea Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.7.3 South Korea Global Healthcare of Veterinary Digital Pathology market by Application
12.4.7.4 South Korea Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.8 China
12.4.8.1 China Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.8.2 China Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.8.3 China Global Healthcare of Veterinary Digital Pathology market by Application
12.4.8.4 China Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.9 India
12.4.9.1 India Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.9.2 India Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.9.3 India Global Healthcare of Veterinary Digital Pathology market by Application
12.4.9.4 India Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.10 Australia
12.4.10.1 Australia Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.10.2 Australia Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.10.3 Australia Global Healthcare of Veterinary Digital Pathology market by Application
12.4.10.4 Australia Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Global Healthcare of Veterinary Digital Pathology market by Product Type
12.4.11.2 APAC Global Healthcare of Veterinary Digital Pathology market by End-User
12.4.11.3 APAC Global Healthcare of Veterinary Digital Pathology market by Application
12.4.11.4 APAC Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Global Healthcare of Veterinary Digital Pathology market by country
12.5.2 The Middle East & Africa Global Healthcare of Veterinary Digital Pathology market by Product Type
12.5.3 The Middle East & Africa Global Healthcare of Veterinary Digital Pathology market by End-User
12.5.4 The Middle East & Africa Global Healthcare of Veterinary Digital Pathology market by Application
12.5.5 The Middle East & Africa Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.5.6 Israel
12.5.6.1 Israel Global Healthcare of Veterinary Digital Pathology market by Product Type
12.5.6.2 Israel Global Healthcare of Veterinary Digital Pathology market by End-User
12.5.6.3 Israel Global Healthcare of Veterinary Digital Pathology market by Application
12.5.6.4 Israel Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.5.7 UAE
12.5.7.1 UAE Global Healthcare of Veterinary Digital Pathology market by Product Type
12.5.7.2 UAE Global Healthcare of Veterinary Digital Pathology market by End-User
12.5.7.3 UAE Global Healthcare of Veterinary Digital Pathology market by Application
12.5.7.4 UAE Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.5.8 South Africa
12.5.8.1 South Africa Global Healthcare of Veterinary Digital Pathology market by Product Type
12.5.8.2 South Africa Global Healthcare of Veterinary Digital Pathology market by End-User
12.5.8.3 South Africa Global Healthcare of Veterinary Digital Pathology market by Application
12.5.8.4 South Africa Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Global Healthcare of Veterinary Digital Pathology market by Product Type
12.5.9.2 Rest of Middle East & Asia Global Healthcare of Veterinary Digital Pathology market by End-User
12.5.9.3 Rest of Middle East & Asia Global Healthcare of Veterinary Digital Pathology market by Application
12.5.9.4 Rest of Middle East & Asia Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.6 Latin America
12.6.1 Latin America Global Healthcare of Veterinary Digital Pathology market by country
12.6.2 Latin America Global Healthcare of Veterinary Digital Pathology market by Product Type
12.6.3 Latin America Global Healthcare of Veterinary Digital Pathology market by End-User
12.6.4 Latin America Global Healthcare of Veterinary Digital Pathology market by application
12.6.5 Latin America Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.6.6 Brazil12.6.6.1 Brazil Global Healthcare of Veterinary Digital Pathology market by Product Type
12.6.6.2 Brazil Africa Global Healthcare of Veterinary Digital Pathology market by End-User
12.6.6.3Brazil Global Healthcare of Veterinary Digital Pathology market by Application
12.6.6.4 Brazil Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.6.7 Argentina
12.6.7.1 Argentina Global Healthcare of Veterinary Digital Pathology market by Product Type
12.6.7.2 Argentina Global Healthcare of Veterinary Digital Pathology market by End-User
12.6.7.3 Argentina Global Healthcare of Veterinary Digital Pathology market by Application
12.6.7.4 Argentina Global Healthcare of Veterinary Digital Pathology market by Animal Type
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Global Healthcare of Veterinary Digital Pathology market by Product Type
12.6.8.2 Rest of Latin America Global Healthcare of Veterinary Digital Pathology market by End-User
12.6.8.3 Rest of Latin America Global Healthcare of Veterinary Digital Pathology market by Application
12.6.8.4 Rest of Latin America Global Healthcare of Veterinary Digital Pathology market by Animal Type
13. Company profile
13.1 IDEXX Laboratories, Inc.
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Treatment/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Zoetis Inc.
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Treatment/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 VCA Inc.
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Treatment/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Heska Corporation
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Treatment/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Agfa-Gevaert Group
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Treatment/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Philips Healthcare
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Treatment/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Sakura Finetek USA, Inc.
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Treatment/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Leica Biosystems Nussloch GmbH (Danaher Corporation)
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Treatment/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Hamamatsu Photonics K.K
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Treatment/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Indica Labs, Inc.
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Treatment/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Use Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Smart Hospitality Market is anticipated to increase at a CAGR of 30.2% from 2023 to 2030, from a value of USD 13.4 billion in 2022 to USD 110.6 billion in 2030.
The Healthcare Analytics Market size is projected at USD 34.64 billion by 2022, and is projected to grow at a CAGR of 21.4% from 2023 to 2030, and will reach USD 163 billion by 2030.
The Continuous Glucose Monitoring Market size was valued at USD 7.92 Bn in 2023 and is expected to reach USD 11.10 Bn by 2031 and grow at a CAGR of 4.03% over the forecast period of 2024-2031.
The Healthcare Contract Management Software Market size was valued at USD 1361.5 million in 2022 and is expected to reach USD 6881.5 million by 2030 at a CAGR of 22.45% during the forecast period of 2023-2030.
The Vitamins Market Size was valued at USD 7.41 billion in 2023, and is expected to reach USD 13.39 billion by 2031, and grow at a CAGR of 7.67% over the forecast period 2024-2031.
The Companion Diagnostics Market was estimated at USD 8.68 billion in 2023 and is poised to reach at 20.6 billion in 2031 anticipated to expand at a compound annual growth rate approx. CAGR of 11.40% for the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
