Global Digital Pathology Market is expected to grow at a CAGR of 11% to reach $ 1.54 billion by 2030Posted by Tejashri Khade on December 20th, 2022 Key Research Findings in the Digital Pathology Market The Global Digital Pathology Market is estimated to reach $ 1.54 billion by 2030 growing with a CAGR of 11% from 2020-2030. In the field of pathology, digitalization and automation have the potential to significantly improve outcomes for patients, physicians, pathologists, and labs/hospitals. Consider the following startling facts:
Digital Pathology has been around for many years but the current Covid-19 pandemic has highlighted the advantages that digital pathology may provide for laboratories, hospitals, clinicians, and pathologists. The benefits are multi-fold:
These advantages, along with a favorable regulatory environment and reimbursement, are anticipated to fuel the digital pathology market expansion. Explore Premium Report on Digital Pathology Market @ https://www.prweb.com/releases/digital_pathology_market_set_to_grow_at_11_cagr_to_reach_1_54_billion_by_2030_companies_deploying_innovative_data_driven_alogithms_business_models_to_grow_market/prweb18095510.htm Scanners, which are used to digitally scan the samples, dominate the digital pathology market at the moment. The digital pathology market is anticipated to expand more quickly in the coming years as a result of the usage of AI/ML technologies for image recognition, analysis, and diagnosis aid. The scanner segment is dominated by companies like Philips, Hamamatsu, and Leica, while a number of well-funded start-ups are making headway in the software and AI-ML platforms. Among other well-known companies are Paige, Path AI, Ibex, Aiforia, Proscia, and Reveal Biosciences/CellCarta. In a current article, Memorial Sloan Kettering Cancer Center highlighted the benefits of digital workflow in pathology and how it helped them immensely during the pandemic - “We were motivated by a real concern for our doctors,” Dr. Matthew Hanna, Director of Pathology Informatics says. “Finding a way for them to work at home has eliminated a huge burden during the pandemic.” Scanners, software, AI/ML applications, and the key emerging players & technologies in each of the segments are all thoroughly examined in the study. Companies that aim to capture greater share in this high-growth market need to focus on:
As a result of their extensive experience working in the field of digital pathology market, Medi-Tech Insights is well-versed in its intricacies and nuances and has successfully assisted many established players, start-ups to grow revenues by 10x. For More Detailed Insights, Contact Us @ https://meditechinsights.com/contact-us/ About Medi-Tech Insights Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. Contact: Ruta Halde Associate, Medi-Tech Insights +32 498 86 80 79 info@meditechinsights.com Like it? Share it!More by this author |