Digital Pathology Market Synopsis
Digital Pathology Market Size Was Valued at USD 1.1 Billion in 2023, and is Projected to Reach USD 2.2 Billion by 2032, Growing at a CAGR of 8.2% From 2024-2032.
The digital pathology market is the procurement of a digital image of a pathological sample for storage, access and diagnosis without reliance on tissue samples. This market combines software and hardware to scan the glass slides to make a pathology diagnosis via images on a new LCD computer screen. By improving the communication systems and integration of pathologists, technologists, and other health care providers working in pathology laboratories, academic institutions, and hospitals, digital pathology is a revolution in pathology diagnostics.
- The digital pathology market for digital pathology has expanded greatly over the years and this is attributed to increased demand Of sophisticated diagnostic methods and a surge in chronic diseases. A review of pathological data through integrating digital technologies in healthcare has enhanced the transfer and analysis of data and has enhanced collaboration among and between health care practitioners and as well as enhanced patient care. This market is marked by the following trends: the usage of artificial intelligence (AI) and machine learning that help analyze the diagnostics’ accuracy and other vital information related to patients. Furthermore, growing emphasis on research and innovative products, coupled with the growing support from governments in the use of digital health products, are projected to inject additional impulse in the market.
- Other significant drivers of the extensive growth of the digital pathology market are the developments in personalized medicine. Given that one of the core strategies is to use individual patient data, accurate and timely diagnostics becomes critical. Digital pathology does this by allowing the pathologist to gain rich information that enhances diagnosis in the shortest time without compromising the amount of information input. Furthermore, with increasing demand for telepathology due to COVID-19 to achieve a diagnosis and consultation without direct contact, the area of pathology practice has increased, especially in peripheral areas. As a result of increased technological advancement in the delivery of healthcare services, the global digital pathology market is expected to experience steady growth.
Digital Pathology Market Trend Analysis
Rise of Artificial Intelligence in Digital Pathology
- The use of artificial intelligence for diagnosing patients’ diseases has emerged at the forefront of changes in the digital pathology market. Machine learning and deep learning algotihms are being applied to help pathologists sift through big data more quickly and with greater accuracy. By assimilating deep learning paradigms in these AI systems, it is possible to pick out features in pathological images that can be bias blind to human observers, thereby improving accuracy and decreasing the likelihood of incorrect analyses. it also enhances the rate of diagnosis; through integration of artificial intelligence the pathologist is able to tackle more cases than he would under normal circumstances. With progression of AI in the field of digital pathology there is further requirement likely to be seen for it in automated image analysis and predictive model development for improving the patient care.
Expanding Applications in Research and Drug Development
- The digital pathology and its market has lot of potential especially in research and in the drug development. As diseases become more elusive and require diagnostic precision diagnostics a tool like digital pathology provides for the researcher analysis of large sets of pathological data. This capability is important for the creation of target therapies and particular medicine methodologies, with the aid of the analysis of the characters of ailment at the cellular level. In addition, the pharmaceutical industries employ digital pathology in clinical trials as a more effective method of data acquisition. With increasing need for sophisticated methodologies of research in drug development, digital pathology is set to emerge as a crucial tool for use by research investigators as well as medical personnel to provide new opportunities for change and growth in their approach to drug discovery.
Digital Pathology Market Segment Analysis:
Digital Pathology Market Segmented on the basis of Type, Application and End-User.
By Type, device segment is expected to dominate the market during the forecast period
- The digital pathology market is divided into two major groups: the device segment and the software and service segment; the device segment of the market is believed to firmly hold most of the market share of 52.3% in the coming year 2023. This segment applied a series of higher technology, including digital slide scanners, image analysis software, and telepathology systems, is very important for increasing the accuracy and effectiveness in pathologists’ practices. High resolution imaging and diagnosis in clinical processes can be named as the most significant drivers of this growth. Since, digital pathology solutions are being integrated into healthcare systems, for enhancing the operational efficiency and patient care, the device segment is expected to grow at a highly lucrative CAGR. Additionally, the modern developments in the field of imagistics modalities and utilization of artificial intelligence within diagnostic procedures are yet other factors liable to strengthen the device segment while providing the backbone of the transformation of pathology practices.
By Application, Drug Discovery & Development segment expected to held the largest share
- Among these, the Drug Discovery & Development segment shall contribute the largest market share as digital pathology plays a decisive role in optimising the drug discovery process.. This segment utilizes state o art digital imaging technologies and big data analysis methods to help analyze and characterise the bio-sample and further help the researchers discover the new drug molecules and efficacy assessment. In order to correlate biological targeting demands with high-precision medicine, accurate pathological data acquires crucial significance in the process of drug development. In the process of drug discovery the digital pathology helps to combine large amounts of data, allowing for better decision making at each stage of the process. Furthermore, with the introduction of biopharmaceuticals and targeted therapies that need extensive testing before a marketed product can be developed, this segment acquires even greater importance. As newer technologies are developed in the field of digital pathology, the DUTF is particularly relevant in the field of Drug Discovery & Development segment Growth The DUTF will play an essential role in the future of novel approaches in therapeutic discovery.
Digital Pathology Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- In, North America had the highest market share adopting digital pathology technology entrusting it with almost 40% of the whole market. This dominance is as a result of excellent health care facilities, increased usage of IT solutions, and a high level of spending on the research and development activities. Essential market participants and strong government backing for many-solution digital health also support North America’s market position. Besides, more people are developing chronic conditions and the focus is shifting from general care to bespoke molecular solutions in the region. The market for digital pathology is predicted to continue growing as the healthcare systems around the world are still progressing, at the same time North America is projected to be a market dominating region for digital pathology also contributing to the innovation and collaboration of other stakeholders.
Active Key Players in the Digital Pathology Market
- 3DHISTECH (Hungary)
- Aperio Technologies (USA)
- Hamamatsu Photonics (Japan)
- Huron Digital Pathology (Canada)
- Indica Labs (USA)
- Leica Biosystems (Germany)
- Lynx Bioinformatics (USA)
- Nikon Instruments (Japan)
- OptraHEALTH (India)
- PathAI (USA)
- Philips Healthcare (Netherlands)
- Pixcell Medical Technologies (Israel)
- Roche Diagnostics (Switzerland)
- Sectra AB (Sweden)
- Visiopharm (Denmark), Other Active Players
Global Digital Pathology Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.1 Bn. |
Forecast Period 2024-32 CAGR: |
8.2 % |
Market Size in 2032: |
USD 2.2 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By End Use |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Digital Pathology Market by Type
4.1 Digital Pathology Market Snapshot and Growth Engine
4.2 Digital Pathology Market Overview
4.3 Software
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Software: Geographic Segmentation Analysis
4.4 Device
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Device: Geographic Segmentation Analysis
4.5 Storage System
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Storage System: Geographic Segmentation Analysis
Chapter 5: Digital Pathology Market by Application
5.1 Digital Pathology Market Snapshot and Growth Engine
5.2 Digital Pathology Market Overview
5.3 Drug Discovery & Development
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Drug Discovery & Development: Geographic Segmentation Analysis
5.4 Academic Research
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Academic Research: Geographic Segmentation Analysis
5.5 Disease Diagnosis
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Disease Diagnosis: Geographic Segmentation Analysis
Chapter 6: Digital Pathology Market by End-User
6.1 Digital Pathology Market Snapshot and Growth Engine
6.2 Digital Pathology Market Overview
6.3 Hospitals
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hospitals: Geographic Segmentation Analysis
6.4 Biotech & Pharma Companies
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Biotech & Pharma Companies: Geographic Segmentation Analysis
6.5 Diagnostic Labs
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Diagnostic Labs: Geographic Segmentation Analysis
6.6 Academic & Research Institutes
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Academic & Research Institutes: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Digital Pathology Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 3DHISTECH (HUNGARY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 APERIO TECHNOLOGIES (USA)
7.4 HAMAMATSU PHOTONICS (JAPAN)
7.5 HURON DIGITAL PATHOLOGY (CANADA)
7.6 INDICA LABS (USA)
7.7 LEICA BIOSYSTEMS (GERMANY)
7.8 LYNX BIOINFORMATICS (USA)
7.9 NIKON INSTRUMENTS (JAPAN)
7.10 OPTRAHEALTH (INDIA)
7.11 PATHAI (USA)
7.12 PHILIPS HEALTHCARE (NETHERLANDS)
7.13 PIXCELL MEDICAL TECHNOLOGIES (ISRAEL)
7.14 ROCHE DIAGNOSTICS (SWITZERLAND)
7.15 SECTRA AB (SWEDEN)
7.16 VISIOPHARM (DENMARK)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Digital Pathology Market By Region
8.1 Overview
8.2. North America Digital Pathology Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Software
8.2.4.2 Device
8.2.4.3 Storage System
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Drug Discovery & Development
8.2.5.2 Academic Research
8.2.5.3 Disease Diagnosis
8.2.6 Historic and Forecasted Market Size By End-User
8.2.6.1 Hospitals
8.2.6.2 Biotech & Pharma Companies
8.2.6.3 Diagnostic Labs
8.2.6.4 Academic & Research Institutes
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Digital Pathology Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Software
8.3.4.2 Device
8.3.4.3 Storage System
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Drug Discovery & Development
8.3.5.2 Academic Research
8.3.5.3 Disease Diagnosis
8.3.6 Historic and Forecasted Market Size By End-User
8.3.6.1 Hospitals
8.3.6.2 Biotech & Pharma Companies
8.3.6.3 Diagnostic Labs
8.3.6.4 Academic & Research Institutes
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Digital Pathology Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Software
8.4.4.2 Device
8.4.4.3 Storage System
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Drug Discovery & Development
8.4.5.2 Academic Research
8.4.5.3 Disease Diagnosis
8.4.6 Historic and Forecasted Market Size By End-User
8.4.6.1 Hospitals
8.4.6.2 Biotech & Pharma Companies
8.4.6.3 Diagnostic Labs
8.4.6.4 Academic & Research Institutes
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Digital Pathology Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Software
8.5.4.2 Device
8.5.4.3 Storage System
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Drug Discovery & Development
8.5.5.2 Academic Research
8.5.5.3 Disease Diagnosis
8.5.6 Historic and Forecasted Market Size By End-User
8.5.6.1 Hospitals
8.5.6.2 Biotech & Pharma Companies
8.5.6.3 Diagnostic Labs
8.5.6.4 Academic & Research Institutes
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Digital Pathology Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Software
8.6.4.2 Device
8.6.4.3 Storage System
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Drug Discovery & Development
8.6.5.2 Academic Research
8.6.5.3 Disease Diagnosis
8.6.6 Historic and Forecasted Market Size By End-User
8.6.6.1 Hospitals
8.6.6.2 Biotech & Pharma Companies
8.6.6.3 Diagnostic Labs
8.6.6.4 Academic & Research Institutes
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Digital Pathology Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Software
8.7.4.2 Device
8.7.4.3 Storage System
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Drug Discovery & Development
8.7.5.2 Academic Research
8.7.5.3 Disease Diagnosis
8.7.6 Historic and Forecasted Market Size By End-User
8.7.6.1 Hospitals
8.7.6.2 Biotech & Pharma Companies
8.7.6.3 Diagnostic Labs
8.7.6.4 Academic & Research Institutes
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Digital Pathology Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.1 Bn. |
Forecast Period 2024-32 CAGR: |
8.2 % |
Market Size in 2032: |
USD 2.2 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By End Use |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Digital Pathology Market research report is 2024-2032.
3DHISTECH (Hungary), Aperio Technologies (USA), Hamamatsu Photonics (Japan), Huron Digital Pathology (Canada), Indica Labs (USA) and Other Major Players.
The Digital Pathology Market is segmented into Type, Application, End User and region. By Type, the market is categorized into Software, Device, Storage System. By Application, the market is categorized into Drug Discovery & Development, Academic Research, Disease Diagnosis. By End User, the market is categorized into Hospitals, Biotech & Pharma Companies, Diagnostic Labs, Academic & Research Institutes. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The digital pathology market is the procurement of a digital image of a pathological sample for storage, access and diagnosis without reliance on tissue samples. This market combines software and hardware to scan the glass slides to make a pathology diagnosis via images on a new LCD computer screen. By improving the communication systems and integration of the pathologists, technologists, and other health care providers working in pathology laboratories, academic institutions, and hospitals, digital pathology is a revolution in pathology diagnostics.
Digital Pathology Market Size Was Valued at USD 1.1 Billion in 2023, and is Projected to Reach USD 2.2 Billion by 2032, Growing at a CAGR of 8.2% From 2024-2032.