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.
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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.
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- Digital pathology equipment manufacturers
- Suppliers and distributors of digital pathology equipment
- Medical research institutes
- Research institutes
- Vendors/service providers
Report analyzes digital pathology market and aims at estimating market size & future growth potential of this market based on various segments like product, type, application, end user, & region. Factors like large patient population, shortage of pathologists, increasing initiatives in healthcare industry by key market players, & rising adoption of advanced technologies for disease diagnosis are driving growth of digital pathology market in this region.
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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.
1 Digital Pathology Market: Overview
2 European Market Share, By Application and Country (2017)
3 Global Market, By Type vs Country 2017 vs 2022
4 Geographic Snapshot of the Global Market
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).
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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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