Press Releases
 
Digital Pathology Systems Market to Reach US$492.8 mn by 2020

, 23 May 2018 -- Digital Pathology Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

The global market for digital pathology systems is dominated by Leica Biosystems, Ventana, and Olympus Corporation, which collectively held a dominant 81.8% of the market in 2013. According to Transparency Market Research, both Leica and Ventana have crucial acquisitions to thank for their dominant hold over the digital pathology systems market, with Ventana acquiring Bioimagine, Inc. in 2010 and Leica Biosystems acquiring Aperio Technologies, Inc. in 2012.

“This points to a notable trend in the global digital pathology systems market, where the leading players are likely to emphasize on mergers and acquisitions to broaden their product catalog and geographical reach in the coming years,” said TMR’s lead analyst.

Enhanced Precision, Lowered Workload Drive Demand for Digital Pathology Systems

The prime driver for the global digital pathology systems market is the increased sophistication and efficiency it brings about it pathology processes. Digitization of labwork reduces the chances of manual error, making the process highly accurate. Digital pathology systems are also much faster at analyzing samples than human technicians, which results in an easier workload for pathologists. The shortage of skilled pathologists is thus a key driver for the digital pathology systems market.

The increasing prevalence of cancer across the world has also encouraged the adoption of digital pathology systems. Digital pathology systems are used for the detection/diagnosis of several types of cancer, including breast, esophageal, and non-small-cell lung cancer. The high precision of digital pathology systems is crucial in dealing with progressive diseases such as cancer, since early diagnosis can significantly improve the chances of survival.

While developed parts of the world house widespread digital pathology infrastructure, developing regions such as Asia Pacific are still lagging behind. This presents a crucial opportunity for manufacturers of digital pathology systems, as the incidence of cancer is increasing rapidly in countries such as China, Japan, and India. The steady economic development of such countries has also made it easier for healthcare agencies to introduce advanced solutions such as digital pathology systems.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1540

Virtual Microscopy to Exhibit Rapid Growth in Demand 2014-2020

By technology, digital pathology systems are segmented into virtual microscopy and telepathology. While the latter is likely to retain its dominance in the market over the coming years, the virtual microscopy is expected to exhibit a higher growth rate in the 2014-2020 forecast period.

Among the various applications of digital pathology systems, drug discovery/development and disease diagnosis were the leading contributors to the global market in 2013. While these two segments are likely to remain in the lead in the market, the application of digital pathology systems in academic research is likely to increase at a rapid 14% CAGR from 2014 to 2020.

Geographically, North America is likely to remain the leading contributor to the global digital pathology systems market in the coming years, with the regional market’s revenue expected to reach US$212.4 mn by 2020. The extensive drug development activities and presence of key players in the region are responsible for the region’s dominant share in the global market. Europe’s contribution to the global digital pathology systems market is expected to be overtaken by Asia Pacific in the coming years, with the lucrative opportunities in India, China, Japan, and some ASEAN countries convincing many companies to expand their operations in Asia Pacific.

Enquiry for Discount on this Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1540
The revenue of the global digital pathology systems market is expected to be more than US$307 mn by 2016 and further rise to US$492.8 mn by the end of 2020. The information presented in this review is based on a Transparency Market Research report titled ‘Digital Pathology Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.’

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email:
Website: http://www.transparencymarketresearch.com

# # #


Submitted by hawer on Wednesday, 23 May 2018 at 2:05 PM
Category: Health Care & Medical
 
Related News

VHAPPY, the new social guide for the Veggie and Eco community lands in Spain.
Saturday, 18 May 2019

VHAPPY, la nueva guía social de servicios y productos Veggies y Eco llega a España
Saturday, 18 May 2019

Trust ImmuFood for Diagnosis of Food Intolerance and Allergy with ImuPro Test
Saturday, 18 May 2019

Eliminate Allergic Food Items from your Diet with ImmuFood's Food Allergy Test
Saturday, 18 May 2019

Veterinary Orthopedic Implant Market - Increase in Companion Animal Population to Boost the Growth
Saturday, 18 May 2019

Related Events

Thinking Autism Conference: 'Evidence-based Treatments' May 2019 London UK
Friday, 17 May 2019

ECE 2019, 18 - 21 May 2019, Lyon, France
Saturday, 18 May 2019

7th World IntraCranial Hemorrhage Conference WICH 2019
Sunday, 19 May 2019

The 6th Due Diligence Summit for Life Sciences
Monday, 20 May 2019

Shared Services
Monday, 20 May 2019

Latest News

Health in Hands Family Chiropractic Has the Chiropractic Office Edina MN with the Right Facilities
Sunday, 19 May 2019

The Travel Street Outlines Some of The Warnings for Tourists Planning to Visit China
Sunday, 19 May 2019

The Travel Street Presents New Information About Travel Advisories for Mexican States
Sunday, 19 May 2019

Science Fiction & Fantasy Author Releases Second Audiobook To Space Opera Series
Sunday, 19 May 2019

What are the benefits of procurement software?
Sunday, 19 May 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Sunday, 19 May 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Thinking Autism Conference: 'Evidence-based Treatments' May 2019 London UK
  • Minefaire: Official MINECRAFT Community Event (Seattle, WA)
  • ECE 2019, 18 - 21 May 2019, Lyon, France
  • 7th World IntraCranial Hemorrhage Conference WICH 2019
  • 5 Day Accelerated Certificate for Directors

  • Latest Jobs
    Sorry, there are currently no entries posted here.