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(IndustryNews247.Com, September 15, 2018 ) The study presented here is based on a report by Envision Inteligence (EI) titled Digital Pathology Market (By Product, By Type, By Application, By End-user & By Geography) Market Industry Analysis, Segmentation, Size, Share, Growth, Trends and Forecast 2019 2025. According to the report, the global digital pathology market size was valued at $0.42Billion in 2017and is expected to reach $0.95 Billion by 2025. Digital pathology market is projected to grow with a rapid CAGR of 13.4% from 2019 to 2025.
Introduction:
Pathology is defined as a branch of medicine which deals with the nature of diseases. Digital pathology is a field distributed with all aspects of laboratory investigation that focuses on the source appearances and diagnosis of disease. The applications of digital pathology include tele consultation, disease diagnosis, drug discovery, training and education.
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RISING FREQUENCY OF CANCER IS DRIVING DIGITAL PATHOLOGY MARKET GROWTH:
As per the Envision Inteligence digital pathology market analysis report, rising frequency of cancer is primarily driving the market growth. Cancer has the significant impact on society around the globe, the number of cancer cases diagnosed around the world every year has risen by almost 30% when compared to the previous decade. Increasing popularity of alcohol coupled with the various habits are the factors that are contributing to the growth of cancer.
NORTH AMERICA IS PROJECTED TO CONTINUE ITS DOMINATIONIN THE GLOBAL DIGITAL PATHOLOGYMARKET DURING 2019 - 2025:
North America dominates digital pathology market share with the U.S. as leading revenue generators and Canada as the promising market next to U.S. Government initiatives which are used in developing technologically advanced systems and the strong presence of major players.
ASIA PACIFIC IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 2025:
Asia Pacific region is estimated to have the fastest growth during the forecast period owing to the factors like high population density and rise in the incidence of chronic disease across high populous countries like India and China. The number of annual deaths has reached 56 million individuals in 2015 and is expected to be more in the forecast period. APAC digital pathology market forecast is analysed till 2024, and the value will reach $XX billion.
Digital Pathology Market Segment at ion includes:
By Product:
Scanners Software Communication Systems Storage systems
By Type:
Human pathology Veterinary pathology
By Application
Tele-consultation Disease Diagnosis Drug Discovery Training and education
By End-user
Pharmaceutical & Biotechnology Companies Hospitals and Reference laboratories Academic & Research Institutes
The report provides an in-depth and full analysis of the digital pathology and product development aspects for all the key companies operating in the market in each region.
Key Players:
Leica Biosystems Ventana Medical Systems, Inc. Hamamatsu Photonics K.K. Huron Digital Pathology Corista Objective Pathology Services
About us:
Envision Inteligence is the Main Supplier of Market Analysis Reviews, Customized Consulting Companies, Information Analytics and Trade Evaluation. Our purpose is to offer the correct data required by the stakeholder on the proper level of time, in a format which assists a clever and knowledgeable resolution making a course of!
Contact us: Sales Team, Sales@envisioninteligence.com Call: +1 408-963-0099 MIG-236, D. No: - 39-33-75/3, Madhavadhara Vuda Layout, Visakhapatnam- 530007 Web: www.envisioninteligence.com
Envision Inteligence
Bharadwaj Oruganti
1-408-963-0099
bharadwaj@envisioninteligence.com
Source: EmailWire.Com
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