Market Overview:
The REPORT “Digital Pathology Market by Technology (Telepathology (Static & Dynamic) and Whole Slide Imaging) and Application(Academic Research, Diagnosis and Drug Discovery & Development) – global forecast TO 2025”, issued by crystal market research, the market has come across significant development in the past few years and is predictable to grow considerably over the forecast period.
Digital Pathology allows the management of information generated by computer technology into digital slide. Digital Pathology Market share is increasing due to number of driving factors. Increase in the number of case of chronic diseases is one of the major driving agents. Demand for Digital Pathology is growing in order to improve the techniques of diagnostics imaging also for reducing the cost on that is seen in traditional ways. Growing aged population is also a driving agent as aged people are more prominent of getting affected by chronic diseases. Technical development in the Digital Pathology imaging systems is also seen as one of the major agents driving the market. The technical developments like computerization, robotic light microscopy, multiple fiber optic communications, etc. are contributing to the growth. Increasing number of Digital Pathology systems installation in various economies across the globe.
Digital Pathology also has some restrains the major been the high cost of the systems that are used for testing. Some of the strict rules & regulations that are related with the tests also are restrain to the market. The tests sometimes show sampling error can also be limiting the growth of market.
Browse detailed TOC, Tables, Figures, Charts and Companies mentioned in Global Digital Pathology Market research report at: https://www.crystalmarketresearch.com/report/digital-pathology-market
Segment Overview:
Digital Pathology Market is segmented by Technology into Telepathology (Static & Dynamic) and Whole Slide Imaging and by Application into Academic Research, Diagnosis and Drug Discovery & Development.
The technology segment has seen the Whole Slide Imaging leading the market. Increase in the utilization of the process in improved determination & research procedures are major factors contributing to the market. Whole Slide Imaging is seen to have a profitable development in the forecasted time span; this is due to development in the amplification & also Z axis examination of the slides. Telepathology will see a moderate growth.
The Academic Research section in the Application segment is leading the market; this is owing to the use in various research procedures like the tumor morphological study & biomarker proofing being some of them. Diagnosis section will have a faster development rate in the forecasted time span due to increased cases of chronic diseases.
Market Players:
The leading market players are utilizing some strategies to get hold of more market share, some of the strategies are expansion of international & regional channel also advancement in new products & their launch. The leading players in the Digital Pathology Market are Philips Healthcare, Wipro GE Healthcare Pvt. Ltd., Olympus Corporation, Leica Biosystems, Hamamatsu Photonics, 3DHistech Inc., Ventana Medical Systems and Omynx LLC.
Regional Overview:
North America dominated the shares of the Digital Pathology Market owing to; constant investments for R&D, increasing utilization of computerized imaging, government activities relating to the advancement of technologically developed systems and presence of key players in this region are the key factors contributing towards the dominance. Asia Pacific is anticipated to develop at the speediest CAGR of over the forecast period.
About Crystal Market Research:
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The Digital Pathology Market was worth USD 288.45 million in 2014 and is expected to reach approximately USD 829.27 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.45% during the forecast period