Digital Pathology Market Growth, Key Trends & Factor Driving Industry Till 2030

Markntel Advisors’ report, Digital Pathology Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Digital Pathology presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Digital Pathology Market Research Report Market Summary:

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. 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 Dynamics:

Key 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. For instance,

In April 2022, PreciseDx unveiled its new digital platform capable of pinpointing Parkinson's disease (PD) with precision, even before severe symptoms manifest.

Such product launches will support the increasing demand for these systems with the added benefits of machine learning in the coming years. Additionally, the expected surge in market growth is attributed to the rise of government-funded research programs aimed at promoting innovation in pathology's digital tools. For instance,

In March 2022, Inspirata was granted clearance by the U.S. Food and Drug Administration (FDA) for its Dynamyx software to replace traditional glass slides as a primary diagnosis tool, resulting in better availability of the software across the United States.

Moreover, it offered an open platform that harmonized with various scanners used throughout different industries. In addition, increasing approval for digital tools is expected to boost the adoption of these devices, thereby augmenting market growth development.

Digital Pathology Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Solution

Software-Based- Market Size Forecast 2019-2030, USD Million
Service-Based- Market Size Forecast 2019-2030, USD Million
Hardware-Based- Market Size Forecast 2019-2030, USD Million
- Digital Camera Scanner- Market Size Forecast 2019-2030, USD Million
- Communication System- Market Size Forecast 2019-2030, USD Million
- Storage System- Market Size Forecast 2019-2030, USD Million
- Others (Information Management Systems, robotic microscopes, other diagnostic devices, etc.) - Market Size Forecast 2019-2030, USD Million

Hardware-based digital pathology solutions have experienced notable market growth and captured a remarkable market share, primarily propelled by the rising demand for digital cameras, scanners, and communication systems. This surge in demand has been instrumental in facilitating the seamless transfer of sample images across diverse end-users, such as healthcare institutions, pharmaceutical companies, and biopharmaceutical companies.

By Application

Clinical Pathology - Market Size Forecast 2019-2030, USD Million
Teleconsultation - Market Size Forecast 2019-2030, USD Million
Molecular Diagnostics- Market Size Forecast 2019-2030, USD Million
Basic Applied Research- Market Size Forecast 2019-2030, USD Million
Drug Development- Market Size Forecast 2019-2030, USD Million
Others (Training Education, etc.) - Market Size Forecast 2019-2030, USD Million

By Technology

Whole Slide Imaging- Market Size Forecast 2019-2030, USD Million
Image Analysis Software - Market Size Forecast 2019-2030, USD Million
Storage, Communication Data- Market Size Forecast 2019-2030, USD Million
Others- Market Size Forecast 2019-2030, USD Million

By Type

Genetic Pathology- Market Size Forecast 2019-2030, USD Million
Hematology and Clinical Pathology - Market Size Forecast 2019-2030, USD Million
Immunopathology - Market Size Forecast 2019-2030, USD Million
Chemical Pathology- Market Size Forecast 2019-2030, USD Million
Forensic Pathology- Market Size Forecast 2019-2030, USD Million
Microbiology- Market Size Forecast 2019-2030, USD Million

By End User

Biotech Pharma Companies- Market Size Forecast 2019-2030, USD Million
Hospitals Clinics- Market Size Forecast 2019-2030, USD Million
Diagnostic Centers- Market Size Forecast 2019-2030, USD Million
Others (Academic Research Institutes)- Market Size Forecast 2019-2030, USD Million

The global market size is expected to see significant growth, with the hospitals clinics segment emerging as its primary end-user.

By Region

North America
South America
Europe
The Middle East Africa
Asia-Pacific.

North America has captured a significant market share in the Global Digital Pathology Market, primarily due to high-level investments in the healthcare sector across countries like the US, Canada, and Mexico.

As indicated in the latest market research report published by Markntel Advisors, “Digital Pathology Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Digital Pathology industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/digital-pathology-market-report.html

Top Companies Operating in the Digital Pathology Market:

Philips
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.
Others (Ligolab Llc, etc.).

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Key Report Highlights:

Market Dimensions Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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