NEW
YORK, July 31, 2024 /PRNewswire/ -- The global
digital pathology market size is estimated to grow by USD 1.12 billion from 2024-2028, according to
Technavio. The market is estimated to grow at a CAGR of
almost 16.98% during the forecast period. Growing adoption of
iot infrastructure among laboratories is driving market
growth, with a trend towards integration of ai into
digital pathology systems. However, issues regarding privacy
and safety of a digital database poses a challenge.Key market
players include 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Co
Diagnostics Inc., Corista, Danaher Corp., F. Hoffmann La Roche
Ltd., General Electric Co., Hamamatsu Photonics KK, Huron Digital
Pathology, Indica Labs Inc., Inspirata Inc., Kanteron Systems SLU,
Koninklijke Philips N.V., Mikroscan Technologies Inc., Objective
Pathology Services, Olympus Corp., Proscia Inc., Sectra AB,
Visiopharm AS, and XIFIN Inc..
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Digital Pathology
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
16.98%
|
Market growth
2024-2028
|
USD 1124.2
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
14.12
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
39%
|
Key
countries
|
US, UK, Germany,
France, and Canada
|
Key companies
profiled
|
3DHISTECH Ltd., Apollo
Enterprise Imaging Corp., Co Diagnostics Inc., Corista, Danaher
Corp., F. Hoffmann La Roche Ltd., General Electric Co., Hamamatsu
Photonics KK, Huron Digital Pathology, Indica Labs Inc., Inspirata
Inc., Kanteron Systems SLU, Koninklijke Philips N.V., Mikroscan
Technologies Inc., Objective Pathology Services, Olympus Corp.,
Proscia Inc., Sectra AB, Visiopharm AS, and XIFIN Inc.
|
Market Driver
The integration of artificial intelligence (AI) in digital
pathology is revolutionizing clinical workflows, particularly in
image analysis and machine-learning algorithms. Whole slide
scanning technology, combined with AI, offers efficient image
recognition and automated diagnostic capabilities. Market vendors
are developing AI-powered software for digital pathology, focusing
on automation in image analytics, decision-making, and result
interpretations. These intelligent applications address the
shortage of trained pathology professionals, fueling demand for
AI-integrated digital pathology systems. Notable vendors, like
Indica Labs and Visiopharm AS, have
already launched AI-based platforms, HALO AI and Oncotopix,
respectively. Meanwhile, other companies, including Huron
Technologies International, Danaher, and Koninklijke Philips, are
continuously enhancing their AI platforms and applications through
strategic initiatives, which is anticipated to boost sales and
increase the commercial availability of these systems during the
forecast period.
The Digital Pathology market is experiencing significant growth
due to the adoption of advanced technologies like Pathology
Software, Pathology Imaging Systems, and Whole Slide Imaging.
Pathology vendors are developing innovative solutions, including
Pathology Training platforms and AI Integration for improved
accuracy and efficiency. Pathology Data Security and Sharing are
crucial concerns, with vendors focusing on robust systems for
safeguarding patient information. Telepathology and Virtual
Microscopy enable remote consultations and second opinions,
enhancing patient care. Pathology Informatics and Analytics provide
valuable insights, while Decision Support systems aid in faster and
more accurate diagnoses. Digital Pathology Workstations and
Workflow solutions streamline processes, and Collaboration tools
facilitate seamless communication among healthcare professionals.
Digital Pathology Services offer comprehensive solutions, including
Reporting and Integration with Electronic Health Records. AI
Pathology algorithms are revolutionizing diagnosis, offering
precision and consistency. Overall, the Digital Pathology market is
transforming Pathology Technology, offering numerous benefits to
patients and healthcare providers alike.
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Market Challenges
- Digital pathology systems have streamlined laboratory processes
by enabling digital acquisition, storage, manipulation, viewing,
sharing, and transmission of glass slide images. However, the
security and safety of these digital pathology data have become a
significant concern for hospitals, reference laboratories, research
institutes, and other end-users. The primary apprehensions revolve
around the use of dependable data storage architectures. With the
declining cost of cloud-based storage, digital pathology system
providers advocate for cloud-based storage solutions due to their
customized storage capabilities, capable of handling large data
sizes, ranging from 1.2GB to 2GB per slide. However, cloud-based
services are susceptible to external breaches, which could result
in data loss and security breaches, potentially damaging the
reputation and trust of end-user organizations. The increasing
number of pathology data breaches worldwide has intensified the
need for data safety services and heightened spending on securing
sensitive databases. These concerns may hinder the growth of the
digital pathology market during the forecast period.
- The Digital Pathology market is experiencing significant growth
due to the adoption of advanced technologies like Whole Slide
Imaging, Telepathology, and AI Pathology. Pathology software
vendors are meeting the demand for digital solutions, providing
tools for image storage, retrieval, and sharing. Pathology training
and education are essential for effective implementation, with a
focus on data security and patient care. Pathology imaging systems
and scanners are key components, offering high-quality images for
accurate diagnosis. Pathology workstations and decision support
systems aid in efficient diagnosis and reporting. AI integration
and analytics enhance diagnostic capabilities, enabling faster and
more accurate results. Pathology informatics and digital pathology
solutions streamline workflow and collaboration, enabling remote
second opinions and integration with electronic health records.
Data security remains a top concern, with solutions ensuring secure
storage and sharing of sensitive patient information. The market
trends include virtual microscopy, digital archiving, and
telepathology services, offering convenience and cost savings.
Overall, digital pathology technology is revolutionizing the field,
improving patient care and diagnostic accuracy.
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challenges - Request a sample report!
Segment Overview
This digital pathology market report extensively covers market
segmentation by
- Product
- 1.1 Digital slide scanner
- 1.2 Software
- Application
- 2.1 Hospitals and laboratories
- 2.2 Independent and small clinics
- 2.3 Research centers
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Digital slide scanner- The digital slide scanner
segment holds the largest share in the global digital pathology
market due to the increasing adoption in academic institutions for
research activities and the enhanced resolution of slide images.
Technological advancements in slide magnification and scanning
further fuel the segment's growth. Notable developments, such as
Hamamatsu Photonics' launch of the NanoZoomer S20MD Slide scanner
system, which scans a slide every 30 seconds, enable pathologists
to focus more on analysis. Rising internet bandwidth connectivity
and continuous technological improvements from market vendors
contribute to the market's expansion.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
Digital Pathology is a subspecialty of pathology that utilizes
digital images of glass slides for diagnosis and analysis.
Pathology Software is essential for managing and interpreting these
images, enabling features such as Whole Slide Imaging,
Telepathology, and AI Pathology. Virtual Microscopy and Remote
Pathology allow pathologists to access and review slides from
anywhere, while Pathology Informatics and Pathology Workflow
solutions streamline the diagnostic process. Pathology Reporting
and Integration ensure seamless communication between healthcare
providers, and Pathology Cloud Storage provides secure, accessible
storage for digital slides. Pathology Market Trends include
increasing adoption of digital pathology, advancements in AI
algorithms, and the integration of teleconsultation and quality
assurance measures. Pathology Imaging Systems, Pathology Scanners,
and Pathology Laboratories are key components of digital pathology
workflows, while Pathology Management solutions help optimize
operations and improve efficiency. Pathology AI Algorithms and
Pathology Software Vendors continue to innovate and drive the
digital pathology market forward.
Market Research Overview
Digital Pathology is a rapidly evolving field that leverages
technology to enhance traditional pathology practices. It includes
Pathology Software solutions, such as Whole Slide Imaging (WSI) and
Virtual Microscopy, which enable the digitization and remote
viewing of glass slides. Telepathology and AI Pathology are key
components, offering real-time consultations and advanced
diagnostic capabilities through AI algorithms. Pathology Analytics
provides valuable insights from large data sets, while Pathology
Informatics manages and integrates data across the entire pathology
workflow. Digital Pathology Solutions streamline processes, from
Pathology Workflow and Collaboration to Reporting and Integration.
Pathology Services include Digital Archiving, Image Storage,
Retrieval, and Decision Support. Pathology Workstations and AI
Integration facilitate efficient diagnosis and patient care.
Pathology Technology continues to advance, with trends towards
increased automation, data sharing, and security. Pathology
Scanners and Imaging Systems provide high-quality images for
analysis, while Training and Education ensure professionals remain
up-to-date with the latest techniques and tools.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Digital Slide Scanner
- Software
- Application
-
- Hospitals And Laboratories
- Independent And Small Clinics
- Research Centers
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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