MarkNtel Advisors recently published a detailed industry analysis of the Digital Pathology Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Digital Pathology Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Digital Pathology Market size was valued at around USD 2.5 billion in 2023 and is estimated to grow at a CAGR of about 9.8% during the forecast period, i.e., 2024-30.

What are the major Driver the Digital Pathology industry?

Rising Cases of Chronic Disorders Driving the Market Size & Volume – The anticipated surge in chronic illnesses and the subsequent need for more testing are expected to boost the uptake of products. This, coupled with market players' increasing efforts to address the rising demand for diagnostics, will likely drive market growth. Additionally, broader applications of these platforms, including predictive analysis, are predicted to further contribute to this upward trend. For instance,

In April 2022, PreciseDx unveiled its new digital platform capable of pinpointing Parkinson's disease (PD) with precision, even before severe symptoms manifest.

Such product launches will support the increasing demand for these systems with the added benefits of machine learning in the coming years. Additionally, the expected surge in market growth is attributed to the rise of government-funded research programs aimed at promoting innovation in pathology's digital tools. For instance,

In March 2022, Inspirata was granted clearance by the U.S. Food and Drug Administration (FDA) for its Dynamyx software to replace traditional glass slides as a primary diagnosis tool, resulting in better availability of the software across the United States.

Moreover, it offered an open platform that harmonized with various scanners used throughout different industries. In addition, increasing approval for digital tools is expected to boost the adoption of these devices, thereby augmenting market growth & development.

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What segments define the Digital Pathology market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

• By Solution
  • Software-Based- Market Size & Forecast 2019-2030, USD Million
  • Service-Based- Market Size & Forecast 2019-2030, USD Million
  • Hardware-Based- Market Size & Forecast 2019-2030, USD Million
    • Digital Camera Scanner- Market Size & Forecast 2019-2030, USD Million
    • Communication System- Market Size & Forecast 2019-2030, USD Million
    • Storage System- Market Size & Forecast 2019-2030, USD Million
    • Others (Information Management Systems, robotic microscopes, other diagnostic devices, etc.) - Market Size & Forecast 2019-2030, USD Million

According to report, hardware-based digital pathology solutions have experienced notable market growth and captured a remarkable market share, primarily propelled by the rising demand for digital cameras, scanners, and communication systems.

• By Application
  • Clinical Pathology - Market Size & Forecast 2019-2030, USD Million
  • Teleconsultation - Market Size & Forecast 2019-2030, USD Million
  • Molecular Diagnostics- Market Size & Forecast 2019-2030, USD Million
  • Basic & Applied Research- Market Size & Forecast 2019-2030, USD Million
  • Drug Development- Market Size & Forecast 2019-2030, USD Million
  • Others (Training & Education, etc.) - Market Size & Forecast 2019-2030, USD Million
• By Technology
  • Whole Slide Imaging- Market Size & Forecast 2019-2030, USD Million
  • Image Analysis Software - Market Size & Forecast 2019-2030, USD Million
  • Storage, Communication Data- Market Size & Forecast 2019-2030, USD Million
  • Others- Market Size & Forecast 2019-2030, USD Million
• By Type
  • Genetic Pathology- Market Size & Forecast 2019-2030, USD Million
  • Hematology and Clinical Pathology - Market Size & Forecast 2019-2030, USD Million
  • Immunopathology - Market Size & Forecast 2019-2030, USD Million
  • Chemical Pathology- Market Size & Forecast 2019-2030, USD Million
  • Forensic Pathology- Market Size & Forecast 2019-2030, USD Million
  • Microbiology- Market Size & Forecast 2019-2030, USD Million
• By End User
  • Biotech & Pharma Companies- Market Size & Forecast 2019-2030, USD Million
  • Hospitals & Clinics- Market Size & Forecast 2019-2030, USD Million
  • Diagnostic Centers- Market Size & Forecast 2019-2030, USD Million
  • Others (Academic & Research Institutes)- Market Size & Forecast 2019-2030, USD Million

According to report, the global market size is expected to see significant growth, with the hospitals & clinics segment emerging as its primary end-user.

Explore the Complete Digital Pathology Market Analysis Report – https://www.marknteladvisors.com/research-library/digital-pathology-market-report.html

Geographical Analysis: Digital Pathology Market

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Digital Pathology Market Share & Competitive Landscape:

The Digital Pathology Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Digital Pathology Market are:

• Philips
• F. Hoffmann-LA Roche Ltd.
• Vital Signs Solutions Ltd.
• Sectra
• Agilent Technologies Inc.
• Hamamatsu Photonics K.K.
• Nucleai, Medtech (Sigtuple)
• PreciseDx
• Inspirata
• Apollo Enterprise Imaging Corp.
• Aurora Interactive Ltd.
• Glencoe Software, Inc.
• Digipath Inc.
• Leica Biosystem Inc.
• Mikroscan Technologies Inc.
• Others (Ligolab Llc, etc.)

Digital Pathology Industry Recent Development:

• 2023: Philips partnered with Saint-Joseph Hospital & Marie-Lannelongue Hospital to fully integrate digital pathology to improve personalized cancer care by collecting comprehensive diagnostic information at the anatomical, cellular, and molecular levels.
• 2022: F. Hoffmann-LA Roche Ltd. launched the VENTANA DP 600 slide scanner for digital pathology, enhancing patient care with precision diagnostics.

 Questions Addressed in this Study

1.What factors are driving the Digital Pathology Market growth?

2.How is the Digital Pathology Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Digital Pathology Market?

4.What is the current size of the Digital Pathology Market, and how is it projected to change in the future?

6.What is the future outlook for the Digital Pathology Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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