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Digital Pathology Systems - Global Strategic Business Report

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    Report

  • 620 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2531223

Global Digital Pathology Systems Market to Reach $2.2 Billion by 2030

The global market for Digital Pathology Systems estimated at US$930.5 Million in the year 2023, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 11.1% over the analysis period 2023-2030.

Digital Pathology Device, one of the segments analyzed in the report, is projected to record 11.1% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Digital Pathology Software segment is estimated at 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $412.2 Million, While China is Forecast to Grow at 12% CAGR

The Digital Pathology Systems market in the U.S. is estimated at US$412.2 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$177.9 Million by the year 2030 trailing a CAGR of 12% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 10% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 74 Featured)

  • Danaher Corporation
  • Cerner Corporation
  • Barco NV
  • Nikon Corporation
  • Nikon Instruments, Inc.
  • Koninklijke Philips N.V.
  • A. Menarini Diagnostics Srl
  • Leica Biosystems Nussloch GmbH
  • MD Biosciences, Inc.
  • Euromex Microscopen BV
  • Apollo Enterprise Imaging Corporation
  • Indica Labs, Inc.
  • Inspirata, Inc.
  • Mikroscan Technologies, Inc.
  • Leica Mikrosysteme Vertrieb GmbH Mikroskopie und Histologie

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Digital Pathology Systems - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Digital Pathology: An Introduction
  • Key Digital Pathology Tools
  • Market Outlook
  • US and Europe Maintain Dominance
  • Emerging Markets to Experience Strong Growth
  • Scanners Lead Digital Pathology Market
  • Software Segment Post Strong Growth
  • Disease Diagnosis: Major Application of Digital Pathology Systems
  • Telepathology Experiences Strong Growth
  • Pharmaceutical and Biotechnology Companies: Important End Use Markets for Digital Pathology
  • Global Digital Pathology Systems Market by End-Use: 2023
  • Major Issues Hampering Adoption of Digital Pathology Systems
  • Competitive Landscape
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Technological Advancements Drive Adoption of Digital Pathology Systems
  • Artificial Intelligence (AI) Steps in to Widen the Scope & Span of Digital Pathology
  • EXIBIT: AI Spending in Healthcare & Lifesciences in US$ Million for Years 2020 & 2025
  • Advantages of AI-Powered Digital Pathology
  • Digital Pathology Benefits Drug Discovery Process
  • Need for Early Diagnosis Puts Focus on Digital Pathology
  • Digital Pathology Systems See Fast Paced Adoption in Cancer and Other Chronic Diseases
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • Number of New Cancer Cases and Deaths (in Million) by Region for 2023
  • Global New Cancer Cases and Cancer-related Deaths by Cancer Site (in %) for 2023
  • Digital Pathology Emerges as a Tool to Reduce Cases of Cancer Misdiagnoses
  • Scarcity of Pathologists & Excess Workload on Pathology Labs Drives Demand for Digital Systems
  • Clinical Research Continues to be Core Vertical for Digital Pathology
  • Digital Imaging and Robotic Light Microscopy Boost Growth
  • Computational Pathology for Leading-Edge Image Analytics
  • Cloud Platform Gains Momentum
  • Telepathology Expected to Pave Way for Pathology Outsourcing to Developing Nations
  • Rise in Significance of Personalized Medicine Bodes Well for Digital Pathology
  • Global Personalized Medicine Market: Revenues in US$ Million for the Years 2019 and 2024
  • Increased Focus on Companion Diagnostics to Benefit Market Growth
  • Improving Healthcare & Research Expenditure to Support Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Aging Population: A Key Opportunity Indicator
  • Global Aging Population: Population of 65+ Individuals (in Thousands) by Region for 2019 and 2030
  • Global Population of 65+ Individuals as % of Total Population by Region for 2019 and 2030
  • Challenges Facing Digital Pathology Systems Market
  • High Costs
  • Workflow Integration with Other Related Functions
  • Other Issues
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Digital Pathology Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Digital Pathology Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 3: World 15-Year Perspective for Digital Pathology Systems by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Device by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Device by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 6: World 15-Year Perspective for Device by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 9: World 15-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 12: World 15-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Human Pathology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Human Pathology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 15: World 15-Year Perspective for Human Pathology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Veterinary Pathology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Veterinary Pathology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 18: World 15-Year Perspective for Veterinary Pathology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Pharma & Biotech Companies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Pharma & Biotech Companies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 21: World 15-Year Perspective for Pharma & Biotech Companies by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Hospitals & Reference Labs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Hospitals & Reference Labs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 24: World 15-Year Perspective for Hospitals & Reference Labs by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Academic & Research Institutes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Academic & Research Institutes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 27: World 15-Year Perspective for Academic & Research Institutes by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 28: World Digital Pathology Systems Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • Increasing Pressure on Pathological Labs: Cornerstone for Growth
CANADA
JAPAN
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
EUROPE
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
FRANCE
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
AUSTRALIA
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • Inadequate Infrastructure Impedes Adoption of Telepathology
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Digital Pathology Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Danaher Corporation
  • Cerner Corporation
  • Barco NV
  • Nikon Corporation
  • Nikon Instruments, Inc.
  • Koninklijke Philips N.V.
  • A. Menarini Diagnostics Srl
  • Leica Biosystems Nussloch GmbH
  • MD Biosciences, Inc.
  • Euromex Microscopen BV
  • Apollo Enterprise Imaging Corporation
  • Indica Labs, Inc.
  • Inspirata, Inc.
  • Mikroscan Technologies, Inc.
  • Leica Mikrosysteme Vertrieb GmbH Mikroskopie und Histologie