Insights on the Global Digital Pathology Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio
The digital pathology market is expected to grow by USD 546.54 million, progressing at a CAGR of almost 15% during the forecast period.
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Technavio has announced its latest market research report titled Global Digital Pathology Market 2020-2024 (Graphic: Business Wire)
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The integration of AI into digital pathology systems is one of the major factors propelling market growth. However, factors such as issues regarding privacy and safety of digital database will hamper the market growth.
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Digital Pathology Market: Product Landscape
The global rise in disease burden has increased the pressure on pathologists. As a result, they are opting for efficient digital pathology software that can reduce manual efforts. For instance, in the US, the workload of pathologists increased by 40%-45% during 2007-2017. Digital pathology software helps enhance the experience of pathologists by integrating automation in image analysis using machine-learning algorithms, decreasing the time required to render images, and enhancing the workflow of shared information. This has driven the revenue growth of the software segment in the global digital pathology market.
Digital Pathology Market: Geographic Landscape
North America will offer several growth opportunities to market vendors during the forecast period. 41% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for digital pathology in North America. Market growth in this region will be slower than the growth of the market in Asia and ROW.
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Companies Covered:
3DHISTECH
Co-Diagnostics Inc.
Corista
Danaher Corp.
F. Hoffmann-La Roche Ltd.
General Electric Co.
Hamamatsu Photonics KK
Koninklijke Philips NV
Olympus Corp.
Sectra AB
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Digital slide scanner - Market size and forecast 2019-2024
Software - Market size and forecast 2019-2024
Market opportunity by Product
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
Asia - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
3DHISTECH
Co-Diagnostics Inc.
Corista
Danaher Corp.
F. Hoffmann-La Roche Ltd.
General Electric Co.
Hamamatsu Photonics KK
Koninklijke Philips NV
Olympus Corp.
Sectra AB
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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