Global Digital Pathology Market Key Insights and Booming Factor Supporting Growth Till 2026

The global digital pathology market is expanding at a rapid pace, driven by increase in installation of digital pathology systems. The global market was valued at US$ 340 Mn in 2017 and is projected to reach more than US$ 900 Mn by 2026.

 

Albany, NY -- (SBWIRE) -- 11/16/2018 -- Advancement in therapeutics development of critical medical conditions such as cancer necessitates adoption of advanced, image based platform for apt diagnosis and clinical research, thus reflecting favorably on digital pathology market. Further, large scale adoption of digital pathology to offset limitations associated with traditional diagnostic mechanisms is a potent growth enabler. Market Research Reports Search Engine (MRRSE) in its recent report addition titled, 'Digital Pathology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026' evaluates recent market advances and their reciprocal implications on holistic growth of digital pathology market.

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Increased Price Hikes: Threat to Sustained Growth in Digital Pathology Market

Global providers of digital pathology system are harnessing bespoke technologies to cater to rising demands for advanced digital pathology systems market. Owing to increased instances of chronic medical conditions such as cardiac maladies and oncological conditions, need for sophisticated imaging platform such as whole slide is witnessing demand spike.

Prominent players in digital pathology market are also integrating resources to offer superlative image analysis software to anchor sustained growth. Further, integration of automated techniques also pushes the boundaries in digital pathology spectrum. However, leading market players are also akin to limit price hikes to encourage adoption, besides acquiring companies to attain geographical foothold.

Inspirita Acquires GE Healthcare's Omnyx, Consolidates Market Lead

To spearhead its geographical expanse in digital pathology spectrum, leading market player, Inspirita, a premiere provider of cancer informatics and digital pathology solutions has recently acquired GE Healthcare's Omnyx which is best known for offering intelligent software for pathology activities. With this major development in place, Inspirita will have an easy access to Omnyx's proprietary software, Dynamyx, thus positioning itself lucratively on the digital pathology market growth curve. 

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Diagnostic Laboratories Propels Growth in Digital Pathology Market

This elaborate research report on digital pathology market is a comprehensive handbook of dominant drivers, restraints, and opportunities that shape growth in digital pathology market. The primary aim of this report is to aid market players' understanding of prevailing market spectrum, based on which market players can deliver well-informed investment decisions. To enrich readers' understanding on digital pathology market, this section of the report also elaborates on various factors and segments prevailing in digital pathology market, based on which the market is characterized as product type, end-user, and applications as prominent market segments. Based on product type, digital pathology market is diversified into image analysis software and scanners. In terms of end-user, digital pathology market is splintered into diagnostic laboratories, academic and research centers, and pharmaceutical companies amongst others. Based on application, digital pathology market is split into diagnosis, consulting services, and educational amongst others. This section of the report allows readers to gauge the impact of segments in fostering holistic market growth besides enriching readers' understanding about the segment associated with revenue maximization.

North America to Sustain its Lead Position through the Forecast Tenure

Further in the course of the report, readers are also presented with an elaborate overview of geographical expanse of digital pathology market, based on which digital pathology market is demarcated into Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa.

Competition Spectrum: Digital Pathology Market

Elaborate research findings included in this section of the report allow readers to evaluate the efficacy of various business strategies in steering ample growth, besides influencing favorable consumer response in terms of their purchase preferences and eventual purchase discretion. This section of the report also profiles leading players in digital pathology market such as Leica Biosystems Imaging, Inc., GE Healthcare, F. Hoffmann-La Roche Ltd, Sectra AB, and Inspirata amongst others.

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