Digital Pathology Market is expected to reach USD 979.0 million by 2025

Wednesday, May 31, 2017 Research News
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NEW YORK, May 30, 2017 /PRNewswire/ -- Highlights

·         The global digital pathology market is expected

to reach USD 979.0 million by 2025, according to a new report by Grand View Research, Inc.

·         Technological advancements such as digital imaging, computerization, robotic light microscopy, and multiple fiberoptic communications are

some of the key factors contributing toward the rising adoption of digital pathology.

·         This market is expected to witness intense competition in near future owing to rising adoption of rigorous strategies by the market players to sustain competition.0

·         Whole slide imaging held the dominant share as of 2016 owing to its increased use in academic research

·         Telepathology segment is expected to witness lucrative growth in the near future owing to the benefits associated with its use

·         Telepathology offers faster diagnosis and synchronizes patient data, where healthcare professionals can remotely access this information

The global digital pathology market is expected to reach USD 979.0 million by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases, which triggers demand for advanced diagnostics, is expected to provide growth opportunities to digital pathology market. Growing economic stability and awareness pertaining to associated benefits with the use of computer-aided diagnostics is further contributing toward the industry growth. Technological advancements such as digital imaging, computerization, robotic light microscopy, and multiple fiberoptic communications are some of the key factors contributing toward the rising adoption of digital pathology. In addition, introduction of cloud-based technology enabling storage of digital slides coupled with secure access to pathologists is expected to serve this industry as a potential growth driver. Digital pathology has important role in companion diagnostics and drug development pipeline, including molecular biology, biobanking, molecular tissue profiling, and tissue microarray analysis. Increasing demand for high-quality tissue samples in tissue-based biomarker research is propelling the adoption of this technology over the forecast period. This market is expected to witness intense competition in near future owing to rising adoption of rigorous strategies by the market players to sustain competition. For instance; manufacturers of whole slide imaging systems are focused on obtaining premarket approval for diagnostic digital systems to capture more revenue share. Further key findings from the study suggest: Whole slide imaging held the dominant share as of 2016 owing to its increased use in academic research Rising implementation of whole slide image scanning in stratified medicine and tissue-based biomarker research is one of the key contributing factors for the dominance of this technology Telepathology segment is expected to witness lucrative growth in the near future owing to the benefits associated with its use Telepathology offers faster diagnosis and synchronizes patient data, where healthcare professionals can remotely access this information Rising demand for accurate & faster diagnosis fosters the demand for static image-based systems that further contributes to the static telepathology system growth Digital pathology has wide applications in academic research owing to various benefits such as cost-effectiveness and rapid results Read the full report: http://www.reportlinker.com/p04899200/Digital-Pathology-Market-Analysis-By-Technology-Whole-Slide-Imaging-Telepathology-By-Application-Drug-Discovery-Development-Academic-Research-Diagnosis-And-Segment-Forecasts.htmlAbout Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.http://www.reportlinker.com__________________________Contact Clare: [email protected]US: (339)-368-6001Intl: +1 339-368-6001

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-pathology-market-is-expected-to-reach-usd-9790-million-by-2025-300465663.html

SOURCE Reportlinker



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