Global digital pathology market is expected to register a CAGR of around 10% over the period of 2021-2027. Digital pathology is a practice of pathology using digital imaging. The application of this breakthrough technology is ready to become the standard of care in the field of pathology. Digital pathology uses still images, live streaming of images, and more recently whole slide images (WSI). Clinical applications include making primary pathological diagnoses directly from digital images, remote pathology, archiving, and image analysis. Non-clinical applications include skills testing, research, and education. The global digital pathology market is anticipated to witness an uptick with the development of social society leading to changes in diet and other lifestyles. This along with the rapidly growing aging population across the globe is causing an increase in the number of patients having various chronic diseases such as cancer, diabetes, and many more. For instance, as per National Cancer Institute, in 2020, an estimated 1,806,590 new cases of cancer will be diagnosed in the United States and 606,520 people will die from the disease.
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Based on product type, the market is classified into the scanner, software, and storage system. Amongst product types, the scanner category accounted for a significant share of the market. The increase in R&D activities in the pharmaceutical & medical device industry and the surge in adoption of digital pathology systems contribute to the growth of the segment.
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Based on application, the market is classified into teleconsultation, training, disease diagnosis, and drug discovery. The drug discovery category accounted for a significant share of the market due to an increase in the prevalence of rare diseases and growing R&D activities in the drug development process.
Based on end-users, the market is classified into pharmaceutical & biotechnology companies, academic and research, and hospitals. The pharmaceutical & biotechnology companies category accounted for a considerable share of the digital pathology market. The growth of this segment can be attributed to the growing adoption of digital pathology for drug discovery studies and drug toxicology testing.
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For a better understanding of the market adoption of digital pathology market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the digital pathology industry and generated major revenue in 2020 owing to the presence of well-established market players and the rising geriatric population in the region.
Some of the major players operating in the market include 3dhistech Ltd., Danaher Corporation (Leica Microsystem), Glencoe Software Inc., Hamamatsu Photonics K.K., Indica Labs Inc., Koninklijke Philips N.V., Nikon Corporation, Perkinelmer Inc., F- Hoffmann La-Roche (Roche), Visiopharm A/S.
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Global Digital Pathology Market Segmentation
Market Insight, by Product Type
· Scanner
· Software
· Storage System
Market Insight, by Type
· Human
· Veterinary
Market Insight, by Application
· Teleconsultation
· Training
· Disease Diagnosis
· Drug Discovery
Market Insight, by End-User
· Pharmaceutical & Biotechnology Companies
· Academic and research
· Hospitals
Market Insight, by Region
· North America
o United States
o Canada
o Rest of North America
· Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Rest of Europe
· Asia-Pacific
o China
o India
o Australia
o Japan
o Rest of Asia-Pacific
· Rest of World
Top Company Profiles
· 3dhistech Ltd.
· Danaher Corporation (Leica Microsystem)
· Glencoe Software, Inc.
· Hamamatsu Photonics K.K.
· Indica Labs Inc.ss
· Koninklijke Philips N.V.
· Nikon Corporation
· Perkinelmer Inc.
· F- Hoffmann La-Roche (Roche)
· Visiopharm A/S