Digital Pathology Market Is Expected to Continue This Trend During the Forecast Period, Rising at A Closer CAGR Of Over 14.8%
Allied Market Research published a report, titled, Digital Pathology Market by Product (Whole Slide Imaging, Image Analysis Informatics, Information Management System Storage & Communication, Digital IVD Devices, and Others [Telepathology]), Type (Automated Hematology Analyzers & Blood Cell Counters, Chromosome Analyzers, FISH Enumeration Systems, Urine Sediment Analyzers, Immunohistochemistry Image Analysis Applications, Digital Cytopathology, Digital PCR, Signet Cell Detection, and Digital Holographic Microscopy), and End User (Educational, Clinical, and Pharma & Biotech Companies) – Global Opportunity Analysis and Industry Forecast, 2017-2023. The report offers a detailed analysis of changing market dynamics, driving forces & opportunities, market size & forecasts, and major industry players. According to the report, the global digital pathology market generated $3.79 billion in 2017 and is expected to reach $8.66 billion by 2023, registering a CAGR of 14.8% from 2017 to 2023.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/74
Growth Drivers and Industry Trends
The report offers a detailed analysis of changing market dynamics, market size & forecast, market segmentation, and major industry players. According to the report, the global digital pathology market generated $3.79 billion in 2017 and is expected to reach $8.66 billion by 2023, registering a CAGR of 14.8% from 2017 and 2023.
Growing demand for digital pathology in disease diagnosis, ease in consultation, and the trend of digitalization in the medical industry propel the growth of the digital pathology market. On the other hand, expensive nature of digital pathology solutions and lack of reimbursement are expected to limit the growth of the market. Conversely, increased use of telepathology, especially in the developing countries are likely to create new opportunities in the market.
Segmentation Analysis of the Industry
The digital IVD segment captured more than 85% of the market share and would maintain its revenue lead throughout the forecast period, 2017 – 2023. This is because of the increase in prevalence of cancer, diabetes, and other infectious diseases. Nonetheless, the image analysis informatics segment would grow at the fastest CAGR of 20.2% from 2017 to 2023.
The digital PCR segment would manifest the fastest CAGR of 23.6% from 2017 to 2023, owing to its ability to directly count the number of target molecules rather than relying on endogenous controls or reference standards. However, the automated hematology analyzers & blood cell counters segment contributed over one-third of the market share in 2017 and is expected to dominate throughout the forecast period.
Pharma & biotech companies segment accounted for over one-third of the total market share in 2017 and would maintain its lead position by 2023. In addition, this segment would register the highest CAGR of 16.6% from 2017 to 2023.
Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/74
The market in Asia-Pacific would grow at the highest CAGR of 21.4% from 2017 to 2023. However, North America captured over one-third of the market share in 2017 and would continue its dominance through 2025.
Industry Key Players
The key market players analyzed in the report include Danaher Corporation, Glencoe Software, Inc., Digipath Inc., Indica Labs, Inc., Hamamatsu Photonics K.K., Nikon Corporation, Koninklijke Philips N.V., Pixcelldata Ltd., PerkinElmer, Inc., and Visiopharm A/S.
About Us:
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Media Contact
Company Name: Allied Market Research
Contact Person: David Correa
Email: Send Email
Phone: +1-800-792-5285
Address:5933 NE Win Sivers Drive #205
City: Portland
State: OR 97220
Country: United States
Website: www.alliedmarketresearch.com/smart-insulin-pens-market
