iCrowd Newswire
22 Jan 2021, 06:21 GMT+10
Overview
The digital pathology, on the other hand, eliminates the risk factors, while also providing the pathologist with the necessary images and clinical information to generate the most accurate and complete clinical diagnosis. Digital Pathology or Computational Pathology leverages completely new perceptions through data analysis, enabling pathologists to consult on treatment options. The rapidly evolving pathology sector is a key element of modern diagnostic practices. There have been several innovations and widespread adoption of digital pathology. It has long been realized that the traditional histopathology is inefficient as it exposes samples to various handlers, increasing the scope for human error.
Request Sample Copy:
https://www.marketresearchfuture.com/sample_request/1955
The growing number of innovations in the areas of pathology would further increase the size of the market to a great deal, in the next six years. According to Market Research Future (MRFR), the global digital pathology market is estimated for valuation of over USD 8,305.6 MN by 2023. In its recently published analysis, MRFR also asserts that the market would register a double-digit CAGR over 13.04% throughout the forecast period (2017-2023). Advantages like speedy diagnosis processes are facilitating treatments, which drive the market ahead.
Integration of Artificial Intelligence (AI) technologies into digital pathology is another such trend noticed during MRFR analysis. Investors are ready to invest hugely in start-ups attempting to apply artificial intelligence. Many entrants are getting benefitted with substantial grants. Technology experts think that machine learning and other sophisticated technologies could assist pathologists, making them more precise in their analysis. AI has the capacity of turning pathology into a digital zone. However, AI experts need to ensure that AI technology can reliably process reams of data, and the software is seamlessly integrated into the workflow of pathologists. Advances in the automation enable pathologists to spend more time on tougher cases, providing them with insights about the issues that human eyes can't detect.
Global Digital Pathology Market – Regional Analysis
North America market leads the global digital pathology market with a significant share. The well-developed healthcare sector in the US & Canada, together with high per capita healthcare expenditures of these economies drive the regional market growth. Moreover, the presence of some of the matured market players fuels growth in the regional market. The market is further expected to create a substantial revenue pocket throughout the forecast period (2017-2023).
The digital pathology market in the European region takes the second lead. The market is predominantly driven by the availability of funds for research, well-developed healthcare infrastructure, huge patient population, and government support for R&D. The UK and Germany, backed by high healthcare expenditures majorly propel the growth of the Europe market.
The Asia Pacific digital pathology is emerging as a promising market globally. Expected to become the fastest-growing market for digital pathology, The APAC region is estimated to grow rapidly over the projected period. Moreover, factors such as the increasing healthcare expenditures along with favorable government policies of developing economies like India and China foster the regional market growth.
Global Digital Pathology Market – Segments
By Type: Human Pathology and Animal Pathology.
By Application: mHealth, Telemedicine, Disease Diagnosis, and Drug Discovery, among others.
By End Users: Hospital/Clinics, Pharmaceutical Companies, Reference Laboratories, and Research Institutes, among others.
By-Products: Storage Server Systems, Scanners, and Software, among others.
By Regions: Asia Pacific, Europe, North America, and Rest-of-the-World.
Digital Pathology Market - Competitive Analysis
Highly competitive, the digital pathology market appears to be fragmented with the presence of several large and small players. Many well-established players, along with the new entrants, form a competitive landscape. Through strategic initiatives, such as acquisition, expansion, collaboration, and product/technology launch, these players try to gain a competitive advantage in this market. Substantial investments are transpired in R&D to develop a completely different technology compared to their competition.
Major Players:
Players leading the digital pathology market include Danaher Corporation (US), Olympus Corporation (Japan), Inspirata (US), Huron Digital Pathology Inc. (Canada), 3DHISTECH Ltd. (Hungary), Koninklijke Philips N.V. (the Netherlands), Microdimensions GmbH (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Mikroscan Technologies, Inc. (US), and Definiens (Germany), among others.
Browse Full Report Details @
https://www.marketresearchfuture.com/reports/digital-pathology-market-1955
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Tags: Digital Pathology Market, Digital Pathology Market trends, Digital Pathology Market size, Digital Pathology Market Share, Digital Pathology Market Growth, Digital Pathology Market Industry, Digital Pathology Market Scope, Digital Pathology Market Demand
See Campaign: https://www.marketresearchfuture.com/reports/digital-pathology-market-1955Contact Information:Contact:
Akash Anand
Market Research Future
+1 646 845 9312
Email: [email protected]:, Reportedtimes, Research Newswire, English
Contact:
Akash Anand
Market Research Future
+1 646 845 9312
Email: [email protected]
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationNEW YORK, New York - U.S. stocks made strong gains on Monday, brushing off concerns Donald Trump's surprise ambush of Iranian nuclear...
NEW YORK CITY, New York: The U.S. bombing of Iranian nuclear sites has cast a shadow over global markets, with investors bracing for...
SANTAREM, Brazil: As Brazil cements its position as the world's top soy exporter, a new wave of deforestation is spreading across the...
ZURICH, Switzerland: A wave of central banks across Europe surprised markets last week by lowering interest rates, responding to easing...
WASHINGTON, D.C.: The U.S. economy is performing reasonably well, but Federal Reserve Chair Jerome Powell faces a difficult decision...
WASHINGTON, D.C.: President Donald Trump has granted TikTok another reprieve, extending the deadline for its Chinese parent company,...
BRASILIA, Brazil: Former Brazilian President Jair Bolsonaro is accused of playing a key role in an illegal surveillance operation orchestrated...
ANKARA, Turkey: A Turkish far-right politician went on trial Wednesday, facing charges of inciting public hatred—an episode critics...
LONDON, U.K.: In a landmark moment for Britain, lawmakers in the House of Commons have voted in favour of legalising assisted dying,...
Western support for Israel's right to strike Iran backs up a pattern of pre-emptive violence that critics say is further eroding international...
OTTAWA, Canada: Canada may boost its counter-tariffs on steel and aluminum imported from the U.S. if a comprehensive trade agreement...
BANGKOK, Thailand: Thailand's government is facing its biggest crisis in nearly a year, as Prime Minister Paetongtarn Shinawatra's...