Market Research Reports Global Whole Slide Imaging | Page 2

Based on components, the hardware segment will experience a CAGR of 14% through the forecasted
period of 2018-2023, and will occupy ~72% of the market by 2023. The software segment is expected to
witness a CAGR of 17% through the forecasted period of 2018-2023, and account for the rest of the
market by 2023. Rising demand for high-speed and high-resolution digital image in
pathologicallaboratories, workflow efficiency, patient safety, and diagnostic accuracy, have propelled
the demand for WSI systems.
Application segment insights:
The research segment held the largest market share of 73% in 2018, owing to the high demand for WSI
in drug discoveries and oncology research. In 2016, around 1.7 Mn cases of cancer were diagnosed in
the U.S. Thus, the need for improvement in cancer diagnosis is another important factor that is
anticipated to further boost the demand for WSI systems across the globe.
End user segment insights:
Although the pharmaceutical and biotechnology companies segment held the largest market share of
nearly 68% in 2018, the hospitals and reference laboratories segment is expected to witness the highest
growth rate of 51% throughout the forecasted period. This tremendous growth is attributed to the Food
and Drug Administration’ s (FDA) approval for the first whole slide imaging (WSI) system (Philips
IntelliSite Pathology Solution [PIPS]), which is to be marketed for primary diagnosis. This has provided an
impetus to increased clinical use of whole slide imaging in the U.S.
Regional segment insights:
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, Latin
America, and the Middle East and Africa. North America has the largest market share. In 2018, the
region accounted for an approximately 44% share of the global market. Approval from the FDA and
continuous support from the Digital Pathology Association (DPA) to increase focus on education, best
practices and awareness, have boosted the adoption of WSI for various applications in North America.
MajorPlayers profiled in the Whole Slide Imaging Market report incorporate: Ventana Medical Systems,
Inc. (Roche), LeicaBiosystems, Philips Healthcare, Inspirata (GE Healthcare), Olympus Corporation,
Hamamatsu Photonics K.K., 3DHISTECH, Huron Digital Pathology Inc, Omnyx LLC, Visiopharm A/S
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Significant points in table of contents: Market Definition, Market Overview, Business Introduction,
Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation
(Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost
Analysis, and Conclusion.
Report contents include