Current Business Affairs Global Digital Pathology Market 2018

Global Digital Pathology Market Trends, Analysis, and Forecast To 2025
Market Definition:
Digital pathology is the most nascent and emerging technology in the pathology sector. In the current methodology, the
glass slides that consist of specimen samples are transformed into digital images for easy storage, observance, analysis,
and management of the gathered data. This is empowered in part owing to virtual microscopy that is a technology that
helps in popular image posting and transmission over a connected network. The data-rich image forms the base for
electronic health records maintenance of the patient population and thus compiles the distributed information in order
to build up a central database. The technological advancements in digital pathology is anticipated to overtake the
traditional pathology to an advanced level. Digitalization of pathology has resulted in the tests automation during
diagnosis, thereby saving cost as well as efforts. For instance, a single digital instrument can conduct the tests that were
previously conducted using five instruments by pathologists.
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Market Segmentation:
The global digital pathology market is segmented on the basis of product, type, end-users and application. By product,
the market is classified into scanners, software, communication system and storage systems. Depending on type, the
global digital pathology market is classified into human and animal pathology. Based on end-users, the global digital
pathology market is divided into pharmaceutical, hospitals and academic agencies. Depending on application, the global
market is divided into tele-consultation, and drug discovery. Based on application, the market is subdivided into drug
discovery; and teleconsultation.
Digital pathology plays a vital role in companion diagnostics as well as drug development pipeline that includes
molecular tissue profiling, molecular biology, bio banking, and tissue microarray analysis. An increase in demand for
high-quality tissue samples in tissue-based biomarker research is fueling the increased rate of adoption of this
technology during the forecast period. The global digital pathology market is set to register an intense competition in
the future owing to increase in the rate of adoption of rigorous strategies by the market players in order to retain
competition.
Regional Analysis:
Based on regions, the global digital pathology market is divided into North America, Europe, Asia-Pacific (APAC), Middle
East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market
share and would lead the digital pathology market during the forecast period. Factors such as the rise in chronic disease
prevalence and increased number of initiatives by major industry players and government in diagnostics sector are