Market Challenges of Digital Pathology Market, 2016-2021 1 | Seite 2

The report "Digital Pathology Market by Product (Scanners, Software), by Type (Human, Animal
Pathology), by End User (Pharmaceutical Company, Hospital, Academic Institutions), by
Application (Teleconsultation, Drug Discovery) - Global Forecasts to 2021", this report studies the
global digital pathology market for the forecast period of 2016 to 2021. This market is expected
to reach USD 679.1 Million by 2021 from USD 384.3 Million in 2016, at a CAGR of 12.1%.
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A number of factors such as the rising cancer prevalence, increasing tele-consultations, utilization
of digital pathology for drug discovery & companion diagnostics, rising studies on digital
pathology, and improvement in laboratory workflow efficiency are driving the demand for digital
pathology systems and solutions. Moreover, this market is boosted by increasing government and
industry player’s initiatives into the pathological services across the globe. However, stringent
regulatory concerns for primary diagnosis and lack of standard guidelines for digital pathology
are among key factors likely to hamper the growth of the market.