Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Projected Growth Rate of the Digital Pathology Market from 2024 to 2033?

There’s been a swift expansion in the digital pathology market in the last few years. The market is set to increase from $1.07 billion in 2023 to $1.26 billion in 2024, boasting a compound annual growth rate (CAGR) of 17.6%. This historical growth is linked to a range of factors including the rise in the elderly population, an upsurge in medical mistakes, prevalence of cancer, rise in chronic ailment rates, expansion of healthcare facilities, amplified health expenditure, public health insurance policy changes, and the effect of the Covid-19 pandemic.

Over the coming years, significant upturn is anticipated in the digital pathology market, which is projected to reach $2.41 billion in 2028, at a compound annual growth rate (CAGR) of 17.8%. The factors propelling this upward trajectory during the forecast period include support from the government, increased usage of digital devices, higher incidents of cancer and chronic illnesses, the aging population, and the rising prevalence of infectious diseases. The major trends forecasted include the integration of artificial intelligence to enhance automation, an emphasis on cloud technology to homogenize and streamline digital pathology implementation, adoption of digital imaging and video streaming technology, focus on creating new technical solutions, concentrating on strategic alliances to broaden the product range, and investment in research and development (r&d) endeavours.

Claim Your Free Sample of the Global Digital Pathology Market Report Today!

https://www.thebusinessresearchcompany.com/sample.aspx?id=4107&type=smp

What Are the Key Drivers of Growth in the digital pathology Market?

The rise in cancer incidence has been a substantial factor driving the expansion of the digital pathology market. Through digital pathology, patients can hasten their cancer diagnoses and treatments, thereby heightening the market’s growth. Backing this trend, the 2021 American Cancer Society report revealed that there were 1.8 million newly diagnosed cancer cases in 2020. The escalating number of cancer cases is ostensibly linked to the increasing global aging population and unhealthy lifestyles. As the proliferation of cancer continues, the need for digital pathology is also heightened; its ability to expedite access to images, view comprehensive information, and facilitate a faster diagnosis has become essential.

What Are the Notable Segments in the Digital Pathology Market?

1) By Product: Scanners, Software, Storage And Communication Systems

2) By Type: Human Pathology, Veterinary Pathology

3) By End-User: Pharmaceutical And Biotechnology Companies, Hospitals And Reference Laboratories, Academic And Research Institutes

4) By Application: Drug Discovery, Disease Diagnosis, Teleconsultation, Training And Education

Which Emerging Trends Are Altering the Digital Pathology Market?

The historical period saw a limitation in the digital pathology market due to the inadequate number of trained pathologists. The crucial functions of pathologists in administering crucial lab tests to detect ailments cannot be understated – their role involves examining samples and interpreting laboratory findings to ensure patients get the right treatment. The shortage of such professionals is a significant concern in the regions of Asia-Pacific and several African nations. For instance, a report from a forensic magazine in February 2022 revealed that 217 bodies were unexamined, with projections of the figure hitting 300 within a fortnight. Furthermore, over 200 bodies were in line for autopsies.

Order Now for Fast Delivery of Your Digital Pathology Market Report!

https://www.thebusinessresearchcompany.com/report/digital-pathology-global-market-report

Which Regions Are Most Influential in Expanding the Digital Pathology Market?

North America was the largest region in the digital pathology market in 2023. Asia-Pacific was the second largest region in the digital pathology market. The regions covered in the digital pathology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Digital Pathology Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the digital pathology market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Digital Pathology Market Include

1. Digital Pathology Market Executive Summary

2. Digital Pathology Market Segments

3. Digital Pathology Market Size And Template Market Growth Rate

4. Key Digital Pathology Market Trends

5. Major Digital Pathology Market Drivers

……

25. Key Mergers And Acquisitions In The Digital Pathology Market

26. Top Digital Pathology Companies

27. Digital Pathology Market Opportunities And Strategies

28. Digital Pathology Market, Conclusions And Recommendations

29. Appendix

Discover Related Reports by The Business Research Company:

Digital X-ray Devices Global Market Report 2024: Ukraine-Russia War

https://www.thebusinessresearchcompany.com/report/digital-xray-devices-global-market-report

Digital Therapeutics Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/digital-therapeutics-global-market-report

Digital Pathology Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/digital-pathology-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: