iCrowdNewswire Feb 18, 2021 5:00 AM ET
According to the latest report by IMARC Group, titled “Digital Pathology (DP) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global digital pathology market size was worth US$ 520.6 Million in 2019 .Digital pathology (DP) is an image-based system that assists in acquiring, managing, interpreting and analyzing pathology information from digitally scanned histology images. It also aids in reducing the overall cost, improving workflow efficiency and providing better outcomes for patients. Besides this, it offers high-resolution sample scanning and online storage of slides. Consequently, it is widely utilized in laboratories, universities and research centers around the world.
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The growing need for effective and faster diagnosis of diseases is one of the primary factors driving the market growth of digital pathology across the globe. In line with this, the increasing digitization across various sectors, including healthcare, owing to several associated advantages, is also contributing to the market growth. For instance, digital images can be shared to remote locations without the requirement of physical evidence, which significantly saves time for cross-examining slides, thus enabling quick decision-making. Other factors, such as the increasing prevalence of chronic ailments, including cancer, along with extensive research and development (R&D), are expected to further create a positive outlook for the market in the coming years.
Market Breakup by Type:
- Human Pathology
- Veterinary Pathology
Market Breakup by Product:
- Scanners
- Software
- Storage Systems
- Communication Systems
Market Breakup by Application:
- Training and Education
- Consulting Services
- Intraoperative Consultation
- Routine Diagnostic Consultation Services
- Others
Market Breakup by End-User:
- Pharmaceutical & Biotechnology Companies
- Hospitals and Reference Laboratories
- Academic & Research Institutes
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Information:
IMARC Group
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Keywords: Digital Pathology Market, Global Digital Pathology Market, Digital Pathology Market Size, Digital Pathology Market Share, Digital Pathology Market Trends, Digital Pathology Market Report
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