Sarasota, FL -- (SBWIRE) -- 08/16/2017 -- Global Digital Pathology Market: Overview
Digital pathology is an upcoming technique in the pathology field. In this modern technology, the glass slides holding specimen samples are changed into digital illustrations for simple screening, storage, analysis, and organization of the gathered information. This is made possible partly by virtual microscopy, a technique that successfully posts the image and transmits it through a connected network. The data-rich images form the foundation of maintaining the patients' electronic health records and assemble the distributed data to form a central database. Thus, the increasing demand for digital pathology is expected to boost the market growth in the near future.
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Global Digital Pathology Market: Growth Factors
The prominent factors contributing to propel the growth of the market for digital pathology globally include the increasing cancer frequency, use of digital pathology for companion diagnostics & drug discovery, rising teleconsultations, and growing number of initiatives taken by the government and industry player into the pathological services. However, lack of standard regulations for digital pathology and the strict regulatory issue regarding primary diagnosis are factors that can restrict the market growth.
Global Digital Pathology Market: Segmentation
The global digital pathology market can be segmented based on end-user, product, application, type, and region. The end-user segment of the market is categorized into the hospital and reference laboratories, pharmaceutical, biotechnology companies, & contract research organizations, and academic & government research institute. The product segment of the market is classified into the communication system, scanner, storage system, and software. The application segment of the digital pathology market is divided into education and training, disease diagnosis, teleconsultation, and drug discovery. The type segment of the market is diversified into animal pathology and human pathology. Geographically, the digital pathology market is grouped into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Digital Pathology Market: Regional Analysis
North America is assumed to dominate the global digital pathology market in the near future owing to the rising occurrence of cancer increasing the need for rapid & precise diagnostics, the increasing number of clinics & hospitals implementing digital pathology procedures for correct consequences and enhanced efficiency, the existence of approving reimbursement policies, and the requirement of efficiently managing the electronic medical records. Europe is also expected to grow at a higher rate in the market in the coming period. Asia-Pacific region is also anticipated to grow at a fast pace in the market due to cost-effective products and enhancing healthcare infrastructure.
Global Digital Pathology Market: Competitive Players
The prominent players in the global digital pathology market include Apollo Enterprise Imaging Corp., Pixcelldata Ltd., Xifin, Inc., Ventana Medical Systems, Inc., Leica Biosystems Nussloch GMBH, 3D Histech Ltd., Indica Labs, and Nikon Corporation. The other major players in the market are Digipath Inc., Hamamatsu Photonics K.K., Corista LLC, Definiens AG, Visiopharm A/S, Omnyx, LLC., Philips Healthcare, PerkinElmer, Inc., and Glencoe Software Inc.
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Global Digital Pathology Market: Regional Segment Analysis
The Middle East and Africa