The digital pathology is a
new technology that has digitalized the instruments used in the pathology labs
for testing. The digitalization has led to the automation of the tests done
during the diagnosis procedures. For example, a single digital instrument operated
by a single pathologist can perform tests that were previously done using five
instruments. The global digital pathology market, valued at $1.98 billion in
2012, is estimated to reach $5.7 billion by 2020. Automation in the
conventional methods of pathology is the major driving force of this market,
which has resulted in workflow efficiency, efficiency in analysis. Thus,
resulting in fast and accurate results of the pathology tests. The other
driving factors of this market are diagnosis that can be provided to patients
in the remote regions and reduction in the cost of diagnosis. The cost includes
procedure cost and the cost involved in delivery of the slides & data. The
major limitation of the digital pathology market is the stringent regulations involved
during the approval of digital pathology systems. The other limitation is the
cost involved in the integration of DPS in the pathology labs. The challenges
faced by the DP market are standardization and interoperability of the
technology as the formats differ from region to region.
The digital pathology market
is segmented into components, end users and geography. The products market
consists of the Whole slide imaging (WSI), Image analysis- informatics and
Storage, communication and integrated platforms. The WSI is the highest revenue
generating market among the segments; however, image analysis-informatics
market is expected to have the highest growth potential. The end users market
is segmented into pharmaceutical research, clinical organizations and
educational institutes. The pharmaceutical research is the highest revenue
generating market and is also expected to have the highest growth potential.
The geography market is dominated by the North American region, which is the
highest revenue generating region; however, Asian market is expected to have
the highest CAGR during the analysis period.
Key Benefits
- In-depth analysis of the digital pathology market, which is segmented on the basis of products, end users and geographies are discussed in the report at a greater length
- Quantitative analysis of the current market and estimations through 2013-2020, Thus helping digital pathology systems manufacturers to analyze the market
- Assessment and ranking of the factors affecting the global market and their impact on the digital pathology market
- Study on the bargaining power of buyers and suppliers in the market, based on porter’s five force analysis. Thus helping digital pathology systems manufacturers to analyze the market
- Analysis of trends in various geographic segments that would help the companies to plan their strategies depending on the region
- SWOT and competitive analysis of the key players, which would help stakeholders to understand trends followed by their competitors and take actionable decisions.
By Components
- Whole slide imaging (WSI)
- Image analysis- informatics
- Storage, and communication and integrated platforms
- Pharmaceutical research
- Clinical organizations
- Educational institutes
- North America
- Europe
- Asia
- RoW
Know more about this report at: http://mrr.cm/Z3D
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