Albany, NY -- (SBWIRE) -- 09/13/2018 -- Widespread adoption of digital pathology systems in the healthcare industry, as an emerging technology to optimize the processes of diagnosing diseases, discovery of drugs, research and academics continues to be a primary factor in the growth of the digital pathology market. Increasing system installations coupled with a demand for high-quality, accurate pathology diagnostic results are key assessment factors for the performance of the digital pathology market.  Revenues from the HPLC market were estimated at US$ 340 Mn in 2017, and are projected to record a massive CAGR of 12% through 2026.These insights have been gleaned from the report titled "Digital Pathology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026" added recently to the comprehensive repository of Market Research Reports Search Engine (MRRSE).

The digital pathology market is driven by a high growth rate due to rapid technological advancements, increasing demand for automation in healthcare, a widening patient base and the widespread occurrence of cancer in recent years. On the other hand, stringent regulations, expensive systems, and the possibility of errors in sampling are expected to act as constraining factors for the market.

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Image analysis software holds a major market share owing to improvements in automation and diagnostic technologies. Diagnostic laboratories are expected to continue as primary end-users, owing to the widespread impact of infectious diseases in recent years. End-use of digital pathology systems will also stay high research and academic sectors as a result of government support.

North America and Europe are expected to continue as regional leaders in the digital pathology market. A massive shortage of qualified pathologists, and increasing adoption of these systems by healthcare practitioners remains the primary influencer of the digital pathology market in these regions. A high occurrence of cancer, rapidly rising populations, and development of healthcare infrastructure have given countries such as China, Japan and India vast untapped potential for market growth. Key market players are utilizing merger and acquisition strategies to gain competitive advantages in these regions.

Digital Pathology Market: Report Summary

The report provides global level analysis and forecast on the digital pathology market, in terms of value (US$ Mn), for the period of 2018 to 2026. Vital economic and environmental aspects impacting the advancement and demand for digital pathology systems have been thoroughly examined in the report.

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A comprehensive qualitative analysis on the digital pathology industry is offered in the report, which describes driving and constraining factors along with latent opportunities for market players. A market attractiveness analysis, has been provided in the report to help readers achieve better understanding about market size, general attractiveness, and growth rates.

Digital Pathology Market: Research Methodology

Telephonic interviews and in-depth interactions with prominent industry experts have helped in the compilation of this report. Detailed primary and secondary research has been used, to gain reliable and accurate intelligence on the digital pathology market. Primary research represents the majority of the research efforts, which is complemented with detailed secondary research.

Press releases, company websites, annual reports, and other relevant documents have been used. This research approach is regarded as an effective way to glean precise, actionable insights for market players.

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