Global Digital Pathology market likely to drive by the growing adoption of digital pathology to enhance lab efficiency and drug development and companion diagnostics
Global Digital Pathology market valued to grow with a notable rate during the forecast period, 2020-2027. It is due to the rapid advancements in healthcare technology digital imaging, computerization, robotic light microscopy, and multiple fiber optic communications. Additionally, a surge in demand for digital pathology for pathology screening in disease diagnosis. With the advancement of technology, the application of automated pathological slice scanning technology can scan the entire section, convert it into a computer picture and save it, and also magnify the image multiple times, just like looking at a microscope on a computer. Moreover, the growing demand for computer-aided diagnosis, which helps and integrates image processing, facilitates efficient disease detection, will propel the growth of global digital pathology in the forthcoming periods. Digital pathological systems have many incomparable advantages such as easy to save and manage, facilitate teaching and remote consultation, high speed, high efficiency, and high throughput, and achieve scanning of fluorescent sections. Furthermore, the rise in demand for digital pathology in disease diagnosis due to its specimen tracking, barcoding, and digital dictation, which improvise the safety, quality, and efficiency of disease diagnoses, will trigger the global digital pathology industry. Additionally, the geriatric population who are majority affected by chronic conditions estimated to fuel the global digital pathology market in the future time. Product Overview in the Global Digital Pathology Market Based on the product, the global Digital Pathology market classified into Scanner, Software, Communications Systems, Storage Systems, and Others. The Scanner segment anticipated to lead the market by 2027, owing to the rise in demand for scanners in pathology labs and hospitals for fast disease diagnosis. Application Overview in the Global Digital Pathology market Based on application, the global Digital Pathology market classified into Drug Discovery, Disease Diagnosis, Teleconsultation, Training & Education, and Others. The Disease Diagnosis segment is likely to dominate the market by 2027, as digital pathology help in hospital pathology information management, remote consultation, and consultation in the diagnosis of major clinical cases. End-User Overview in the Global Digital Pathology Market Based on end-user, the global Digital Pathology market categorized into Pharmaceutical & Biotechnology Companies, Hospitals, Diagnostic Labs, and Academic & Research Institutes. Hospitals, segments estimated to generate maximum revenue by 2027 due to the increasing demand for digital pathology in hospitals for collecting images of pathological slices along with the rise in the number of hospitals across the globe. Regional Overview in the Global Digital Pathology Market By geography, the Global Digital Pathology Market segmented into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America expected to dominate the market owing to the surge in the prevalence of cancer patients, rising demand for quality diagnostics, along with the financial support by the government in the USA. Global Digital Pathology Market: Competitive Landscape Companies such as Omynx LLC, 3DHistech, Inc., Definiens, Olympus Corporation, GE Healthcare, Leica Biosystems, Philips Healthcare, Ventana Medical Systems, Inc., Objective Pathology Services; Hamamatsu Photonics, Inc., LigoLAb LLC and MicroSkan Technologies are the key players in the Global Digital Pathology Market.
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