Digital pathology market size was valued at USD 520 million in the year 2020 and is anticipated to reach 1301 million at a CAGR of 14% by 2027 during the forecast period 2021-2027. Digital pathology is also referred as virtual microscopy enables managing information generated through a digital slide. Digital pathology service provides scrutiny and it is the practice of transferring glass slides into digital slides and viewing, managing and analyzing these slides later on a computer monitor is possible. Digitalization of pathology leads to the computerization of tests during illness diagnosis amid other application. If we take an example, a single digital instrument is able to perform tests, which were performed earlier making use of five instruments by pathologists. It becomes easy to obtain high-resolution sample scanning and store digital slides online with the use of this digital pathology service. Such technically inclusive process also covers economical characteristics by being effective, precise and a means to detect chronic illnesses early. It works as an efficient digital ecosystem for managing information of generated data via numerous nodes. 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.
Global 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 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 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