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Global Digital Pathology Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Digital Pathology Market: By Product (Scanners, Software solutions/Applications, Communication Systems, Storage Systems), By Application (Research & Academics, Clinical Research & Toxicology, Clinical Diagnostics), By Usage (Human Pathology, Animal Pathology), By End User (Hospitals, Reference Labs & Pathologists, Pharmaceutical Companies, Teaching & Research Institutes, Others) and Geography

Global Digital Pathology Market:

The global digital pathology market is estimated to be valued at US$ 482.0 Mn in 2018, and is projected to expand at significant CAGR over 2018-2024. Growth in global digital pathology market is primarily driven by entry of new players in digital pathology space, increase in productivity & need for digitization, expanding applications of digital pathology etc. Moreover, increasing volume and complexity of the histopathology workload is expected to contribute to growth of global market during the forecast period. But, high cost to diagnostic centers of transition from traditional to digital pathology is expected to limit the growth of global market.

 

Digital Pathology Scanners segment is expected to Expand at Highest Growth Rate

Approval of first digital pathology system for clinical use in 2017 would enhance the penetration of digital pathology solutions among clinical applications and thus would drive the global market growth. Pathology laboratories are finding digital pathology useful in certain aspects of clinical practice.

 

North America to Dominate the Global Digital Pathology Market

North America accounted for highest revenue share in global digital pathology market. However, the large-scale adoption of digital pathology in clinical diagnosis depends on parallel development of clinical IT solutions. FDA approval is not enough to create large scale adoption of digital pathology solutions, and it also depends on development of several other parallel technologies such as next-generation scanning systems, improved image viewing and analysis software, digital infrastructure development etc.

 

Competition Assessment

Key player’s profiles in the global digital pathology market include:

  • Perkin Elmer Inc. (U.S.)
  • Olympus Corporation (Japan)
  • Spectra AB (Sweden)
  • Philips Healthcare (U.S.)
  • Danaher Corporation (Leica Microsystems) (U.S.)
  • ZEISS Group (Germany)
  • Roche Diagnostics (Germany)
  • DigiPath Corp (U.S.)
  • 3D-Histech Ltd (Hungary)
  • GE Healthcare (U.S.)

 

 

Key players in the market are focusing to provide versatile and unique products in the global market, in order to maintain their share in the market. Established players such as Roche, Perkin Elmer, GE Healthcare, Olympus etc., are benefited with customer loyalty to their products. However, the market is seen to be concentrated to developed economies such as the U.S. and Europe.

 

Key Findings of the Report:

  • Global digital pathology market expanding at significant CAGR over 2018 to 2024 owing to need for digitization in pathology and growing complexity of diagnostic workflow
  • Based on application, clinical research & toxicology  segment of digital pathology market accounted for largest market revenue share in 2018 and projected to continue to do so during the forecast period
  • Players focusing on product approvals and geographical expansion to retain market position in global digital pathology market

 

Global Digital Pathology Market Report Description:

Global digital pathology market report gives comprehensive outlook on global market scenario, growth trends, shares, with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global digital pathology market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, usage, end user, and region. This report studies global digital pathology market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global digital pathology market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyze global digital pathology market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global digital pathology market report include manufacturers, distributors, policy makers, and service providers engaged in global digital pathology products.

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework etc.

 

Detailed Segmentation

 

By Product Type

  • Scanners
  • Software solution/application
  • Communication Systems
  • Storage Systems

By Application

  • Research & Academic
  • Clinical Research & Toxicology
  • Clinical Diagnostics

By Usage

 

  • Human Pathology
  • Animal Pathology

By End User

  • Hospitals
  • Reference Labs & Pathologists
  • Pharmaceutical Companies
  • Teaching & Research Institutes
  • Others (vet, clinics etc.)

 

Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa

  • GCC Countries
  • Israel
  • South Africa
  • Rest of MEA

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