USD 1051.59 million
Digital Pathology Market Size, Share, Growth Analysis, By Product(Software {Type [Integrated and Standalone (Information Management System and Image Analysis Software)], By Deployment Mode (On Premises and Cloud Based)}, Scanners (Brightfield Scanners and Other Scanners), Device), By Application(Drug discovery & development, academic research, and disease diagnosis), By Type(Human pathology, Veterinary pathology), By End user(Pharmaceutical and biotechnology, Hospitals & Reference Laboratories, Academic & Research Institutes), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2172 |
Region:
Global |
Published Date: August, 2024
Pages:
219
|Tables:
115
|Figures:
77
Digital Pathology Market Insights
Global Digital Pathology Market size was valued at USD 1051.59 million in 2022 and is poised to grow from USD 1133.61 million in 2023 to USD 2067.36 million by 2031, at a CAGR of 7.8% during the forecast period (2024-2031).
A computer-enabled image-based information platform called "digital pathology" aids in the administration of data produced from digital slides. The rise in cancer incidence, the need for precise diagnosis, and the creation of innovative digital pathology systems by numerous significant players are the main factors propelling the growth of the global digital pathology market Size. A survey released by Medscape suggests that a higher death rate may be linked to chronic illnesses. The increased frequency of cardiovascular illnesses is the primary driver behind the development of sophisticated diagnostic tools. Therefore, the requirement for digital pathology systems grows along with the development of chronic and cardiovascular diseases, propelling the growth of the digital pathology market.
Technology in digital pathology can benefit a research pipeline in two ways. The first is that macroscopic photographs, tissue microarrays, and whole slide images can be arranged using the designated file storage and viewing software. The creation and use of image analysis methods is the second way that digital pathology is used in research. Additionally, government financing, the expanding use of telepathology solutions in drug development and companion diagnostics, as well as the growing demand for telepathology solutions, which enable pathologists to assess cases remotely and consult worldwide in real-time, are the primary drivers of digital pathology market expansion.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Device
Fastest Growth
Device
Growth Rate
7.8% CAGR
Global Digital Pathology Market ($ Bn)
Country Share by North America (%)
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Digital Pathology Market Segmental Analysis
Global Digital Pathology Market is segmented based on product, application, and region. Based on product, the market is segmented into Software {by type [integrated and standalone (information management system and image analysis software)], by deployment mode (on premises and cloud based), scanners (brightfield scanners and other scanners), device, and storage systems. By application, the market is segmented into drug discovery & development, academic research, and disease diagnosis. By type, the market is segmented into human pathology and veterinary pathology. By end use it is segmented into pharmaceutical and biotechnology, Hospitals & Reference Laboratories, Academic & Research Institutes. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Digital Pathology Market Analysis by Product
As per categorization by product, the market is classified as scanners, software and storage & communication systems. Among these, scanners earned the largest share and continue to dominate the market. Scanners are pivotal in the global digital pathology market, driving innovation with advancements in high-resolution imaging and automation. Due to the augmented diagnostic precision, smoothened operations flow, and incorporation of Artificial Intelligence for productive examination of data, they lead the industry. This innovation is essential for the advancement of pathology services and bettering patient health results.
Software products are set to be the fastest-growing segment in the global digital pathology market due to their role in enhancing data management, image analysis, and diagnostic accuracy. This is due to advanced software solutions that allow us to integrate with AI and ML algorithms in a better way and that ultimately helps us make accurate and faster diagnoses. Moreover, this can also be attributed to the increased use of cloud-based platforms as well as telepathology which ultimately fosters such growths through offering of scalable collaborative solutions that lead to better workflow management, hence supporting remote consultations.
Digital Pathology Market Analysis by Application
A major influence of the global digital pathology market is disease diagnosis, where innovations such as AI-assisted image interpretation boost the accuracy and speed of diagnostic procedures. This sector remains dominant as there exists a basic necessity for making exact, quick diagnoses that improve treatment results and encourage the increased interest in personalized medicine.
Drug identification will be the most rapidly expanding part of the global digital pathology market due to growing utilization of digital pathology in extreme processing and specific examination of tissues. By sending out advanced imaging and artificial intelligence technologies, drug development processes become easier as they provide more understanding on how diseases work and respond to treatments. This makes it possible for faster discovery of possible drugs and improvements in clinical trials thus making digital pathology an essential tool for getting new drugs in the pharmaceutical industry.
GlobalDigital Pathology Market By Product (%)
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Digital Pathology Market Regional Insights
Due to its highly developed healthcare systems, sophisticated technology uptake and substantial investment in research and development, North America is the global leader in digital pathology. The region has an abundance of top-notch tech firms and an ecosystem which encourages growths in digital pathology innovations. Also, the North American healthcare services are directed towards enhancing accuracy in diagnosis as well as efficiency; thus, fueling the need for these digital solutions. Government support for healthcare IT advancements, coupled with the growing prevalence of chronic diseases, further fuels digital pathology market growth, positioning North America as a leader in the digital pathology sector.
The swiftest growth of any region in the global digital pathology market trade is Asia-Pacific, due to advancements made in its healthcare systems, growing capital outlay on biomedical machineries and enhancing diagnostic operations. In this part of the earth, the high number of individuals and the rising rates of persistent illnesses lead to a need for effective diagnostic measures that are also precise. Currents Asian states along with individual agencies have a direct involvement in fostering digital health initiatives while simultaneously increasing investments into research on the subject. Further, the increasing public expenditure on health care together with an elaborate structure of healthcare service providers within this region are some determinants of speed found within such growing field.
Global Digital Pathology Market By Geography
- Largest
- Fastest
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Digital Pathology Market Dynamics
Digital Pathology Market Drivers
Innovative Leap in Pathology Technology:
- Technological innovations such as whole-slide imaging (WSI), image analysis tools, and artificial intelligence (AI) have completely transformed digital pathology. As a result of these progressions, digital pathology is increasingly favored by healthcare providers on account of improved diagnosis accuracy, operational efficiency and automated workflow processes.
Applications of AI and Machine Learning:
- Artificial intelligence (AI) utilizes images to notice aberrations, quantifies biochemicals and predicts results. Well versed in healthcare including digital pathology, these are both, Artificial Intelligence (AI) and Machine Learning (ML). There is a potential for improved patient outcomes if these AI tools enable accurate diagnosis, minimized mistakes and enhanced treatment plans.
Restraints
Integration Challenges:
- There are several challenging and laborious tasks of integration when it comes to combining current healthcare IT infrastructure with digital pathology systems. This can be a problem especially in institutions which have old technology as compatibility issues and huge alterations needed for the systems may lead to problems that hinder the acceptance of these systems thus making it difficult to streamline their implementation process and optimize workflows.
Regulatory Obstacles:
- Extensive regulation coupled with long approval processes for digital pathology products may prolong market entry and growth. Multiple restrictions at different locations make it harder, costlier to maneuver through them all, maybe hindering progress of new-age digital pathology solutions or even making expansion of their market quite challenging.
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Digital Pathology Market Competitive Landscape
The fluctuating context of the global digital pathology market brings competition among its major players, inspiring innovation and progress. At the forefront of this sector are international giants like Philips Healthcare, Leica Biosystems, and Nikon Instruments who provide cutting-edge digital imaging and analytical tools. These firms focus on enhancing diagnostic accuracy, integrating AI, and expanding their technological offerings. The competition fosters rapid advancements and diverse solutions, catering to the increasing demand for efficient and precise pathology diagnostics worldwide.
Digital Pathology Market Top Player’s Company Profiles
- Philips Healthcare (Netherlands)
- Roche Diagnostics (Switzerland)
- Hamamatsu Photonics (Japan)
- 3DHISTECH (Hungary)
- GE Healthcare (US)
- Apollo Enterprise Imaging (US)
- Olympus Corporation (Japan)
- Mikroscan Technologies (US)
- Inspirata (US)
- PerkinElmer (US)
- Huron Digital Pathology (Canada)
- Sectra AB (Sweden)
- PathAI (US)
- Indica Labs (US)
- F. Hoffmann-La Roche (Switzerland)
- Nikon Corporation (Japan)
- Danaher Corporation (US)
- Visiopharm (Denmark)
- Densitas (Canada)
- Objective Pathology (US)
- QPath (US)
Digital Pathology Market Recent Developments
- In August 2024, the next-generation digital pathology platform from Philips Healthcare was recently launched, the Philips IntelliSite Pathology Solution 3.0. The upgrade improves image quality and integrates artificial intelligence algorithms to support diagnosis with greater accuracy. The new platform seeks to enhance global pathologist workflow efficiency and diagnostic precision.
- In July 2024, Leica Biosystems is releasing its new product, Aperio GT 450 Scanner. Its unique selling point is that it has better speed and resolution as compared to other such scanners present in the market. The ultra-modern scanner can scan many slides in a very short time and has improved image clarity. It has been meant for simplifying the pathology processes and facilitate the performance of advanced diagnoses.
- In June 2024, In June 2024 Nikon Instruments launched DPA-NIS a new digital pathology imaging system. The system provides high resolution images and has seamless integration with AI based diagnostic tools. By enabling accurate and high-quality digital images for analysis, it is set to improve pathology research and clinical diagnostics.
Digital Pathology Key Market Trends
- Rise of Fully Cloud-Based Digital Pathology for Scalable, Collaborative, and Personalized Healthcare: The global digital pathology market has experienced tremendous growth owing to recent progressions in technology alongside increasing demands for eco-friendly diagnostic possibilities. Digital photography can be used for the collection, management, and analysis of pathological data. The widespread use of Whole Slide Imaging (WSI), which enables pathologists to view entire tissue slides digitally, is an impressive trend.
- Rise of Fully Cloud-Based Digital Pathology for Scalable and Personalized Healthcare: Fully cloud-based the increasing demand for digital pathology solutions can be attributed to their affordability, scalability, and flexibility. Large amounts of digital pathology data stored in the cloud provide easy access, sharing, and cooperation among medical professionals, encouraging a team-based approach to analysis. since it plays a crucial part in adjusting treatments according to the characteristics of the affected person, whether a male or a woman.
Digital Pathology Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global digital pathology market is experiencing significant growth driven by technological advancements and increased demand for efficient, scalable solutions. The revolution in diagnostics, accuracy and workflows is being fueled by radical innovations in digital imaging some of which include Whole Slide Imaging (WSI) and AI integration. Besides that, fully cloud-based platforms which are cost-effective, adaptable and cooperative also support this growing trend.
Regional dynamics highlight North America's leadership and Asia-Pacific's rapid expansion. Challenges like integration issues and regulatory hurdles persist, but the market remains vibrant with key players advancing technology and improving diagnostic capabilities. The sector's evolution is crucial for addressing chronic diseases and supporting personalized medicine.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1051.59 million |
| Market size value in 2031 | USD 2067.36 million |
| Growth Rate | 7.8% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Digital Pathology Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Digital Pathology Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Digital Pathology Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Digital Pathology Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Digital Pathology Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Digital Pathology Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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