Digital Pathology Market Hits USD 979.0 Million By 2025: By Grand View Research, Inc.
The global digital pathology market is expected to reach USD
979.0 million by 2025, according to a new report by Grand View Research, Inc.
Increasing prevalence of chronic diseases, which triggers demand for advanced
diagnostics, is expected to provide growth opportunities to digital pathology
market. Growing economic stability and awareness pertaining to associated
benefits with the use of computer-aided diagnostics is further contributing
toward the industry growth.
Technological advancements such
as digital imaging, computerization, robotic light microscopy, and multiple
fiberoptic communications are some of the key factors contributing toward the
rising adoption of digital pathology. In addition, introduction of cloud-based
technology enabling storage of digital slides coupled with secure access to
pathologists is expected to serve this industry as a potential growth driver.
Digital pathology has important
role in companion diagnostics and drug development pipeline, including
molecular biology, biobanking, molecular tissue profiling, and tissue
microarray analysis. Increasing demand for high-quality tissue samples in
tissue-based biomarker research is propelling the adoption of this technology
over the forecast period.
This market is expected to
witness intense competition in near future owing to rising adoption of rigorous
strategies by the market players to sustain competition. For instance;
manufacturers of whole slide imaging systems are focused on obtaining premarket
approval for diagnostic digital systems to capture more revenue share.
U.S. digital pathology market revenue by technology, 2014
- 2025 (USD million)
Browse full research report on Digital
Pathology Market
- Whole slide
imaging held the dominant share as of 2016 owing to its increased use in
academic research
- Rising
implementation of whole slide image scanning in stratified medicine and
tissue-based biomarker research is one of the key contributing factors for
the dominance of this technology
- Telepathology
segment is expected to witness lucrative growth in the near future owing
to the benefits associated with its use
- Telepathology
offers faster diagnosis and synchronizes patient data, where healthcare
professionals can remotely access this information
- Rising demand
for accurate & faster diagnosis fosters the demand for static
image-based systems that further contributes to the static telepathology
system growth
- Digital
pathology has wide applications in academic research owing to various benefits
such as cost-effectiveness and rapid results
- The
availability of unified platforms for workflows in pathology is
anticipated to boost the usage rate of computer-aided imaging technology
in academic research, which is anticipated to boost the segment growth
For more information: http://www.grandviewresearch.com
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