Market Research Reports Germany Digital Pathology Market 2022 Report | Page 2

Description :
Digital pathology is defined as an image-based information setting enabled by computer technology that allows the management of information generated through a digital slide . Digitalization of pathology has led to the automation of tests during diagnosis . For example , a single digital instrument can perform tests that were previously carried out using five instruments by pathologists . Digital pathology solutions offer a scrutiny & analysis of images on a computer , high-resolution sample scanning , and online storage of digital slides , which enable pathologists to cross examine slides without physical evidences .
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The German digital pathology market is projected to garner revenue worth $ 58 million by 2022 , registering a CAGR of 12.1 % over the forecast period . The growth of the market is attributed to factors such as efficient cost of digital pathology products , ease of virtual transportation of slides , high efficiency of digital pathology systems , and more efficiency . In addition , higher adoption of digital pathology over conventional pathology treatments further drives the world market . On the other hand , barriers such as lack of reimbursement , lack of skilled personnel , and unwillingness of older pathologists to adopt to new technology are some of the major factors expected to restrain the market growth . However , rise in initiatives towards commercialization of cost-efficient digital pathology systems would offer profitable growth opportunities for service providers in the future .
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The German digital pathology market is segmented on the basis of product and end users . Based on product , the market is classified into Whole Slide Imaging ( WSI ), image analysis informatics , information management system storage & communication , and telepathology . Whole slide imaging is the highest revenue-generating segment as it is the most preferred method and is used to produce digital slides by scanning the whole glass slide . Similarly , by end user , the market is segmented into educational institutes , hospitals & diagnostic centers , and pharma & biotechnology companies .
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Companies have adopted product launch and collaboration as their key development strategies . Increase in focus on product launch is mainly for the development of innovative technologies in the field of digital pathology . In March 2016 , Definiens launched “ Immunoprofiling Panel ” to screen their target biomarkers and measure immune response , thereby expanding its product portfolio .
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