USD 543.72 million
Whole Slide Imaging Market Size, Share, Growth Analysis, By Technology(Scanners, IT Infrastructure, Viewer, Image Management System), By Application(Telepathology, Cytopathology, Immunohistochemistry, Hematopathology), By End User(Hospitals & Clinics, Pathology Laboratories, Academic & Research Institute, Others), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35D2149 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
93
|Figures:
72
Whole Slide Imaging Market Insights
Whole Slide Imaging Market size was valued at USD 642.68 Million in 2023 and is poised to grow from USD 759.65 Million in 2024 to USD 2894.34 Million by 2032, growing at a CAGR of 18.2% during the forecast period (2025-2032).
Whole slide imaging products revolutionize digital pathology by providing advanced and enhanced diagnostic capabilities. Hospitals, pharmaceutical companies, biotechnological firms, pathological labs, and test centers are among the diverse users benefiting from this technology. In the early stages of medical imaging, a combination of microscopes and computers was used to capture composite slide images, but this process was time-consuming. To overcome this limitation, whole slide imaging emerged in the late 1990s, utilizing automated algorithms and high-speed systems to significantly improve image acquisition speed. This technological advancement has expanded the scope of applications for whole slide imaging.
In May 2021, recognizing the rapid advancements in clinical applications for whole slide imaging and digital pathology, the College of American Pathologists (CAP), along with the American Society for Clinical Pathology (ASCP) and the Association for Pathology Informatics (API), collaborated to update guidelines validating whole slide imaging for diagnostic purposes in pathology. These updated guidelines ensure that patients receive their pathologic diagnosis rapidly, maintaining the same level of quality in test results, enabling them to receive timely treatment. As the technology continues to evolve, driving increased accuracy and efficiency in diagnostics, the whole slide imaging market is poised for significant growth. The advancements in whole slide imaging technology are transforming the field of pathology and empowering healthcare providers with faster, more precise diagnostic capabilities for better patient outcomes.
US Whole Slide Imaging Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Cancer
Fastest Growth
Cancer
Growth Rate
18.2% CAGR
Global Whole Slide Imaging Market ($ Bn)
Country Share for North America Region (%)
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Whole Slide Imaging Market Segmental Analysis
The global whole slide imaging market is segmented on the basis of Technology, Application, End-User, Region. By Technology the market is segmented into Scanners, IT Infrastructure, Viewer, Image Management System.. By Application, the market is segmented into . By End-User, the market is segmented into . By Region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.
Whole Slide Imaging Market Analysis By Application
The global whole slide imaging market is categorized based on applications, including cancer, cardiology, thyroid, neurology, and others. Among these, the cancer segment exhibited the highest compound annual growth rate (CAGR) of 17.3% during the forecast period. The prevalence of cancer is a significant factor influencing the demand and expansion of the whole slide imaging market. For instance, according to estimates from the American Cancer Society, cancer remains the second leading cause of death in the U.S. after heart disease, with approximately 1.9 million new cancer cases and 609,360 cancer-related deaths projected for the year 2022, resulting in approximately 1,670 fatalities daily. The escalating prevalence of cancer drives the industry's growth, attracting investments from healthcare organizations, technology companies, and investors. This financial support fosters innovation in whole slide imaging technology, leading to advancements in image quality, data analysis algorithms, and seamless workflow integration. Additionally, the increasing focus on personalized medicine and precision oncology further propels the demand for whole slide imaging in cancer diagnostics and research.
Whole Slide Imaging Market Analysis By End-Use
The global whole slide imaging market is segmented based on end-use into hospitals, diagnostic centers, and others. Among these, diagnostic centers emerged as a major revenue contributor, reaching approximately USD 329.5 million in 2022. Diagnostic centers play a critical role in healthcare delivery and have recognized the potential of whole slide imaging in enhancing diagnostic accuracy, efficiency, and overall patient care. Dealing with a substantial volume of cases, these centers require swift turnaround times for precise diagnoses. Whole slide imaging enables pathologists to access digitized slides remotely, eliminating the need for physical transportation of glass slides and facilitating timely and accurate diagnoses. The significant demand for whole slide imaging technology in diagnostic centers has been a key driver propelling the growth of the whole slide imaging industry. Its ability to enhance diagnostic accuracy, streamline workflows, promote collaboration, and seamlessly integrate with electronic health records (EHR) systems has positioned whole slide imaging as a valuable tool for modern diagnostic practices. As healthcare providers continue to embrace digital pathology solutions, the adoption of whole slide imaging is expected to further accelerate, contributing to the market's expansion in the coming years.
Global Whole Slide Imaging market By Application
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Whole Slide Imaging Market Regional Insights
North America is projected to hold the highest market share in the global whole slide imaging market during the forecast period. This dominance is driven by the increasing incidence of cancer and the growing adoption of digital pathology to enhance laboratory efficiency in the region. Notably, the American Cancer Society estimates around 1.9 million new cancer cases and 609,360 cancer-related deaths in the United States in 2022. The rising cancer burden is expected to lead to a surge in the demand for diagnostic laboratories and consequently accelerate market expansion in North America.
Similarly, Asia Pacific is poised for robust growth in the whole slide imaging market due to its expanding population base vulnerable to various diseases and a rise in drug discovery activities, particularly in India. For instance, in August 2020, the Indian Government announced plans to promote indigenous drug discovery and establish a dedicated research and development (R&D) cell to oversee these efforts. With over 3,000 pharmaceutical companies and more than 10,500 manufacturing facilities, India is a significant player in the pharmaceutical industry. Moreover, India ranks as the third-largest seller of medicines globally, indicating a substantial potential for whole slide imaging adoption in drug development and research activities in the region.
Global Whole Slide Imaging Market By Geography
- Largest
- Fastest
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Whole Slide Imaging Market Dynamics
Whole Slide Imaging Market Drivers
Rising Prevalence of Chronic Diseases
- The increasing incidence of chronic diseases, such as cancer, requires accurate and efficient diagnostic tools, making Whole Slide Imaging an essential technology for pathology labs and healthcare providers.
Whole Slide Imaging Market Restraints
Data Security and Privacy Concerns
- Handling large volumes of sensitive patient data in digital format raises concerns regarding data security and privacy, which can hinder the widespread adoption of Whole Slide Imaging.
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Whole Slide Imaging Market Competitive Landscape
The global whole slide imaging (WSI) market features a highly competitive landscape with several key players vying for market share. Companies in this market are primarily focused on technological advancements, product innovation, strategic collaborations, and mergers and acquisitions to gain a competitive edge. Leading players such as Danaher Corporation, Hamamatsu Photonics K.K., 3DHISTECH Ltd., and Olympus Corporation are known for their strong global presence and extensive product portfolios.
With the increasing demand for digital pathology solutions and the adoption of WSI in various applications like research, diagnostics, and education, the competition among market players is expected to intensify further. Companies are striving to develop user-friendly and cost-effective Whole Slide Imaging solutions to cater to the growing needs of healthcare providers and researchers. Additionally, partnerships with research institutions and healthcare facilities are becoming vital for market penetration and expanding customer base. As the market continues to evolve, players that can offer cutting-edge technology, reliable solutions, and comprehensive customer support are likely to thrive in the dynamic and competitive Whole Slide Imaging market.
Whole Slide Imaging Market Top Player’s Company Profile
- Danaher Corporation (United States)
- Hamamatsu Photonics K.K. (Japan)
- 3DHISTECH Ltd. (Hungary)
- Olympus Corporation (Japan)
- Roche Holding AG (Switzerland)
- Koninklijke Philips N.V. (Netherlands)
- Leica Biosystems Nussloch GmbH (Germany)
- Ventana Medical Systems, Inc. (United States)
- PerkinElmer, Inc. (United States)
- Sectra AB (Sweden)
- Diasorin (Italy)
- NanoString Technologies (United States)
- Biocare Medical (United States)
- Sakura Finetek (Japan)
- DigiPath (United States)
- Indica Labs (Canada)
Whole Slide Imaging Market Recent Developments
- June 2023: Leica Microsystems, a microscopy equipment manufacturer, announced the launch of its new WSI software, which is designed to improve the efficiency and accuracy of digital pathology workflows.
- In March 2023, Siemens Healthineers and Hamamatsu, a producer of photonics products, such as entire slide scanners for digital pathology, signed a multi-year distribution deal. As per the deal, Siemens Healthineer's growth into digital pathology in the Americas and Europe is expected to be facilitated by Hamamatsu supplying NanoZoomer with full slide scanners.
- March 2023: Pramana, Inc., a pathology-modernizing AI-enabled health tech startup, partnered with PathPresenter to expedite the adoption of digital pathology workflows in enterprise settings. The purpose of this partnership is to guarantee a flawless user experience for the labs utilizing PathPresenter's image management/viewing platform and Pramana's Digital Pathology as a Service solution for entire slide image production.
Whole Slide Imaging Key Market Trends
- Integration with Laboratory Information Systems (LIS): Integration of Whole Slide Imaging systems with LIS and electronic health record (EHR) systems streamlines the workflow and facilitates seamless data management, enabling efficient patient record-keeping.
Whole Slide Imaging Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our whole slide imaging market analysis, the increasing adoption of digital pathology solutions and the rising prevalence of chronic diseases are driving the demand for Whole Slide Imaging systems in healthcare settings. The integration of artificial intelligence and machine learning technologies with WSI systems is further enhancing diagnostic accuracy and efficiency, leading to improved patient care.
However, the market faces challenges in terms of high initial investment, limited standardization, and regulatory complexities, which may hinder the widespread adoption of Whole Slide Imaging, particularly in smaller healthcare facilities. Data security and privacy concerns also need to be addressed to ensure the safe handling of sensitive patient information in digital format.
On the positive side, the trend towards telepathology and remote diagnostics is expanding the reach of Whole Slide Imaging, allowing pathologists to collaborate and provide expert opinions across geographical locations. Additionally, the integration of WSI systems with Laboratory Information Systems (LIS) and electronic health record (EHR) systems is streamlining workflow and data management, enhancing operational efficiency. The research applications of Whole Slide Imaging, particularly in drug discovery, biomarker analysis, and disease profiling, are growing, opening new avenues for market expansion in the research and academic sectors. Overall, the global whole slide imaging market shows promising growth prospects, driven by technological advancements, research applications, and the need for efficient and accurate diagnostic solutions. Addressing the market challenges and capitalizing on emerging trends will be crucial for companies to stay competitive and make significant strides in this dynamic and evolving field of digital pathology.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 543.72 million |
| Market size value in 2031 | USD 2448.68 million |
| Growth Rate | 18.2% |
| 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 |
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| 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 Whole Slide Imaging 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 Whole Slide Imaging 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 Whole Slide Imaging 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 Whole Slide Imaging 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 Whole Slide Imaging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Whole Slide Imaging 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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