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Digital pathology market to hit 12.3% CAGR and projected to reach USD 756.1 million by 2022 published by leading research firm

Digital pathology market to hit 12.3% CAGR and projected to reach USD 756.1 million by 2022 published by leading research firm

The report analyzes the digital pathology market and aims at estimating the market size and the future growth potential of this market based on various segments such as product, type, application, end user, and region.

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The global digital pathology market is expected to grow at a CAGR of 12.3% to reach to USD 756.1 million by 2022. By product, the digital pathology market is segmented into scanners, software, communication systems, and storage systems.

The scanners segment is estimated to account for the largest share of the global digital pathology market in 2017. “The pharmaceutical and biotechnology companies segment to hold the largest market share in 2017.”

Complete details on this report “Digital Pathology Market” spread across 154 Pages, Profiling 12 Companies and Supported with 85 Tables and 33 Figures is now available at www.rnrmarketresearch.com/digital-…arket-report.html .

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The digital pathology market is segmented into scanners, software, communication systems, and storage systems. The scanners segment is estimated to account for the largest share of the global digital pathology market in 2017.

The large share of this segment is mainly due to the increasing adoption of digital pathology solutions across the globe.

Target Audience:

  • Digital pathology equipment manufacturers
  • Suppliers and distributors of digital pathology equipment
  • Medical research institutes
  • Research institutes
  • Vendors/service providers

The pharmaceutical and biotechnology companies segment estimated to account for largest share of digital pathology market. Factors contributing to large share & high growth rate of this segment include increasing use of digital pathology for drug discovery studies and drug toxicology testing.

Biotechnology companies also use digital pathology for bio banking, biopharmaceutical studies, & molecular assays.

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Geographical Analysis -

The North American region is expected to hold the largest share of the global digital pathology market in 2017. The large share of this region can be attributed to factors such as the rising prevalence of chronic diseases and increasing initiatives by industry players and governments in diagnostics.

However, Asia Pacific is expected to grow at the highest CAGR during the forecast period.

By End User

  • Pharmaceutical & Biotechnology Companies
  • Hospital and Reference Laboratories
  • Academic & Research Institutes

By Application

  • Teleconsultation
  • Disease Diagnosis
  • Drug Discovery
  • Training & Education

The prominent players in the global digital pathology market are Leica Biosystems (Germany), Ventana Medical Systems (US), Hamamatsu Photonics (Japan), 3DHISTECH (Hungary), and Philips (Netherlands).

Connect for More Details for More Information “Digital Pathology Market by Product (Scanner, Software, Communication System), Type (Human, Veterinary), Application (Teleconsultation, Disease Diagnosis, Drug Discovery), End User (Pharmaceutical & Biotechnology Companies) - Global Forecast to 2022” report @ www.rnrmarketresearch.com/contacts…chase?rname=58553 .

Growth in digital pathology market is mainly driven by factors such as growing applications of digital pathology in drug development & companion diagnostics, ease of consultation, increasing adoption of digital pathology to enhance lab efficiency, rising prevalence of cancer, & increasing initiatives by governments & industry players.

Factors such as large patient population, shortage of pathologists, increasing initiatives in the healthcare industry by key market players, and rising adoption of advanced technologies for disease diagnosis are driving the growth of the digital pathology market in this region.

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The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

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