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Digital Pathology Solutions Offering New Tools To Pathologists And Researchers

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Ashish Thapa
Digital Pathology Solutions Offering New Tools To Pathologists And Researchers

Market Overview:

Digital pathology utilizes digital scanned slides and provides advantages like enabling remote diagnosis. It replaces static glass slides and allows pathologists to examine slides on digital monitors. This saves time and costs associated with manual microscopy.


Market key trends:

One of the major trends driving growth in the digital pathology market is the increasing adoption of whole slide imaging (WSI) systems. WSI enables pathologists to view and manipulate high-resolution digital slides on computers for primary diagnosis, training, and research purposes. It provides benefits like digital archiving and virtual slide sharing through networking, eliminating the need for physical slide transportation. This enhances collaboration between labs and lowers diagnostic costs.

Segment Analysis

The global digital pathology market is dominated by the hardware segment which held around 35% of the market share in 2023. The hardware segment includes cameras, scanners, storage systems, and viewers required for digitizing glass slides. The increasing demand for digital whole slide imaging is driving the hardware segment's growth in the digital pathology market. The software segment is expected to witness the highest CAGR during the forecast period due to the growing adoption of digital pathology analytics software tools for quantitative analysis, multiplex assays, and integration with laboratory information systems.


The global Digital Pathology Market Share is estimated to be valued at US$ 884.4 Million in 2023 and is expected to exhibit a CAGR of 12.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways

The global digital pathology market size is expected to reach US$ 884.4 million in 2023, registering a CAGR of 12.2% during the forecast period. Factors such as increasing use of AI and analytics in disease diagnosis, growing adoption of precision medicine and Companion Diagnostics, and rising prevalence of cancer are fueling the growth of the digital pathology market.


North America dominated the digital pathology market in 2023. The rapid rise in adoption of digital pathology solutions by healthcare institutions in the U.S. and Canada is driving the regional market. The Asia Pacific region is anticipated to witness the highest growth rate over the forecast period. Countries like China, India, and Japan are emerging as new hotspots due to growing healthcare expenditure and the increasing awareness about digital pathology capabilities.


Key players operating in the digital pathology market are Leica Biosystems Nussloch GmbH, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck KGaA, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., OracleBio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., and Nucleai, Inc. These players are adopting strategies like new product launches, acquisitions, and geographical expansion to strengthen their position in the market.


Read More: https://www.dailyprbulletin.com/the-digital-pathology-market-is-opening-up-new-opportunities-trend-and-share-analysis/


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