The global digital pathology market size was valued at USD 798.8 million in 2021. The market is expected to grow from USD 892.5 million in 2022 to USD 2,045.9 million by 2029, exhibiting a CAGR of 12.6% during the forecast period. The rising prevalence of chronic disorders and the increasing awareness of new diagnostics procedures are likely to incite market growth. Fortune Business Insights™ provides this information in its report titled “Digital Pathology Market, 2022-2029.”
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Regional Insights
Rising Geriatric Population May Foster Market Progress in North America
North America is expected to dominate the digital pathology market share due to the rising geriatric population. The market in North America stood at USD 280.6 million in 2021 and is expected to gain a huge portion of the global market share in the coming years. Furthermore, the increasing demand for workload streamlining is likely to enhance the industry’s progress.
In Europe, consumers' increasing preference for digital tools enhanced the demand for digital pathology. Furthermore, strong adoption of technologically advanced products may elevate the industry’s growth.
Key Indicators Analyzed:
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin, and Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report provides breakdown details about each region & country covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: digital pathology market key trends include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porter’s Five Force Analysis: The report provides the state of competition in an industry depends on five basic forces: the threat of new entrants, bargaining power of suppliers, bargaining power of buyers, the threat of substitute products or services, and existing industry rivalry.
List of Key Players Profiled in the Report
- Thermo Fisher Scientific Inc. (U.S.)
- Hoffmann-La Roche Ltd. (Switzerland)
- Hamamatsu Photonics K.K. (Japan)
- 3DHISTECH Ltd. (Hungary)
- Koninklijke Philips N.V. (Netherland)
- Apollo Enterprise Imaging Corp (U.S.)
- Sectra AB (Sweden)
- Huron Technologies International Inc. (Canada)
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