Digital Pathology Market Poised for Robust Growth, Forecasted to Expand at 9.8% CAGR from 2024-30
MarkNtel Advisors has released its latest report highlighting strong growth in the The Global 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.
Report Coverage
This report offers a comprehensive analysis of the Digital Pathology Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2023
- Forecast Years: 2024-30
- Historical Years: 2019-22
Digital Pathology Market Overview
The demand for pathology tests is being fueled by the increasing prevalence of chronic illnesses and the larger numbers of hospital admissions. Moreover, as workloads continue to rise in traditional pathology circles, there is an expected uptick in adoption rates for digital tools. This trend would be supported further due to widespread applications within modern medicine coupled with a growing awareness surrounding innovative diagnostics that are likely to bolster both market growth and patient pools seeking diagnoses.
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Digital Pathology Market Segmentation Outlook
The Digital Pathology is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Solution
- Software-Based
- Service-Based
- Hardware-Based
- Digital Camera Scanner
- Communication System
- Storage System
- Others (Information Management Systems, robotic microscopes, other diagnostic devices, etc.)
By Application
- Clinical Pathology
- Teleconsultation
- Molecular Diagnostics
- Basic & Applied Research
- Drug Development
- Others (Training & Education, etc.)
By Technology
- Whole Slide Imaging
- Image Analysis Software
- Storage, Communication Data
- Others
By Type
- Genetic Pathology
- Hematology and Clinical Pathology
- Immunopathology
- Chemical Pathology
- Forensic Pathology
- Microbiology
By End User
- Biotech & Pharma Companies
- Hospitals & Clinics
- Diagnostic Centers
- Others (Academic & Research Institutes)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Digital Pathology Market Driver
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.
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Top Digital Pathology Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies 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., OthersOthers as key players shaping the market landscape.
Digital Pathology Market News
- 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.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2030?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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