Digital Pathology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Digital Pathology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global digital pathology market size reached US$ 850.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,531.1 Million by 2028, exhibiting a growth rate (CAGR) of 9.8% during 2023-2028.

Digital pathology (DP) is a dynamic and image-based system that facilitates acquisition, management and interpretation of information related to human and animal pathology. It processes digital data through scanners, information management systems, storage devices, visualizing software and web and cloud-based communication systems. The DP systems analyze high-resolution samples and store digital slides on a server or the cloud. This enables the pathologists to cross-examine slides in the absence of physical evidence. They also aid in minimizing costs and improving the accuracy of the test results. Consequently, they find extensive application in teleconsultation, disease diagnosis and drug discovery across the educational, medical and pharmaceutical industries.

The rising trend of digitization, along with the increasing adoption of telepathology across the globe, is one of the key factors driving the growth of the market. Telepathology aids in faster and efficient disease diagnosis and ease in consultation, owing to which it is rapidly being incorporated across various healthcare and diagnostic centers. Furthermore, the rising prevalence of chronic medical ailments, such as cancer, is also providing a boost to the market growth. Additionally, various technological advancements, including the integration of Laboratory Information Systems (LIS) and the introduction of digital imaging, robotic light microscopy and multiple fiber-optic communications, are impacting the market positively. Other factors, including rising geriatric population and extensive research and development (R&D) activities in the pharmaceutical and bioscience sectors, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital pathology market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, type, delivery model, end-user and application.

Breakup by Product:

Scanners
Software
Storage Systems
Communication Systems

Breakup by Type:

Human Pathology
Veterinary Pathology

Breakup by Delivery Model:

On-premises
Hosted

Breakup by Application:

Training and Education
Consulting Services
Intraoperative Consultation
Routine Diagnostic Consultation Services
Others

Breakup by End-User:

Pharmaceutical & Biotechnology Companies
Hospitals and Reference Laboratories
Academic & Research Institutes

Breakup by Region:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being DHISTECH, Apollo Enterprise Imaging, Corista, Hamamatsu Photonics, Huron Digital Pathology, Indica Labs, Koninklijke Philips, Leica Biosystems, Objective Pathology Services, Ventana Medical Systems, Visiopharm and XIFIN, etc.

Key Questions Answered in This Report:
How has the global digital pathology market performed so far and how will it perform in the coming years?
What are the key regional markets in the global digital pathology industry?
What has been the impact of COVID-19 on the global digital pathology market?
What is the breakup of the market based on the product?
What is the breakup of the market based on the type?
What is the breakup of the market based on the delivery model?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global digital pathology industry and who are the key players?
What is the degree of competition in the market?