The global digital pathology market is poised for steady growth, reaching an estimated USD 1.78 billion by 2030, according to a market report. This translates to a compound annual growth rate (CAGR) of 7.4% during the forecast period of 2023-2030.
The report provides a comprehensive analysis of the digital pathology market, encompassing segmentation by:
- Product: Scanners (brightfield, other), software (integrated, standalone, information management, image analysis), and storage systems
- Type: Human and veterinary pathology
- Application: Drug discovery, disease diagnosis, training & education
- End User: Pharmaceutical & biotechnology companies, hospitals & reference laboratories, academic & research institutes
- Region: Global market forecast
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Market Dynamics:
The growth of the digital pathology market is driven by several factors, including:
- Rising demand for efficiency and accuracy in diagnosis: Digital pathology streamlines workflows, facilitates remote consultations, and enables advanced image analysis for improved diagnostic accuracy.
- Increasing prevalence of chronic diseases: The rise in diseases like cancer necessitates efficient and reliable diagnostic tools, driving the adoption of digital pathology.
- Technological advancements: Advancements in scanners, software, and storage solutions are enhancing the capabilities and affordability of digital pathology systems.
- Growing government support and initiatives: Governments are increasingly supporting the adoption of digital pathology to improve healthcare infrastructure and patient outcomes.
The report offers valuable insights for:
- Pathology labs and hospitals: Understanding the benefits and potential of digital pathology for improving diagnostic workflows and patient care.
- Technology vendors: Identifying promising market segments and opportunities for developing innovative solutions.
- Investors: Gaining insights into the growth potential of the digital pathology market for informed investment decisions.
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