North American Digital Pathology Market Size, Share & Trends Analysis Report by Products and Services (Diagnostic Devices, Scanners and Microscope, Communication Platform, Storage, and Others), by End-User (Biotechnology and Pharmaceutical Companies, Diagnostic Centers, and Academics Centers), by Applications (Anatomical Pathology, Chemical Pathology, Forensic Pathology, Clinical Pathology, Immunopathology Pathology, and Others) Forecast Period 2019-2025.
North American digital pathology market is growing at a CAGR of approximately 14.3% during the forecast period. There are number of companies, which have their headquarters in North America, particularly the U.S. such as Apollo Pacs Inc., Ligolab LLC, Mikroscan Technologies Inc. Nikon Instruments Inc. The US and Canada are the two major economies in the North American region. The North American is mainly driven by widespread implementation of WSI (Whole Slide Imaging) due to increase in incidence of cancer and rising healthcare expenditure.
Further, there are various rules and regulation region that affects the North American digital pathology market. In the US, Digital Pathology Association (DPA) is a non-profit organization which emphasize on development and promotion in digital pathology. DPA is a regulatory firm consist of various industrial members and pathologists. This group had discussed to FDA regarding clear guidance on classification and risk in implementing this technology. The Health Insurance Portability and Accountability Act (HIPAA) imposes a number of security and privacy requirements on digital pathology systems in the US. This act is focused on the concept of Protected Health Information (PHI).
Whereas, in Canada, there is an increasing trend of using telepathology technology for clinical application in Canada. Based on this, the president of Canadian association pathologist formed a group which include pathologists, technologist and healthcare administrators across Canada. This group provide basic information and guidelines for implementation and use of telepathology to different Canadian pathologist. The firms which are implementing this technology should go for demonstration equivalent diagnostic performance. Each company implementing telepathology for diagnostic purpose have to carry out validation. Thus, such regulations impact the North American digital pathology market during the forecast period.
Research Methodology:
The market study of the North American digital pathology market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report is intended for digital pathology software, service and devices manufacturers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. North American Digital Pathology Market Research and Analysis by Product and Services
2. North American Digital Pathology Market Research and Analysis by End-user
3. North American Digital Pathology Market Research and Analysis by Application
The Report Covers:
North American digital pathology market is growing at a CAGR of approximately 14.3% during the forecast period. There are number of companies, which have their headquarters in North America, particularly the U.S. such as Apollo Pacs Inc., Ligolab LLC, Mikroscan Technologies Inc. Nikon Instruments Inc. The US and Canada are the two major economies in the North American region. The North American is mainly driven by widespread implementation of WSI (Whole Slide Imaging) due to increase in incidence of cancer and rising healthcare expenditure.
Further, there are various rules and regulation region that affects the North American digital pathology market. In the US, Digital Pathology Association (DPA) is a non-profit organization which emphasize on development and promotion in digital pathology. DPA is a regulatory firm consist of various industrial members and pathologists. This group had discussed to FDA regarding clear guidance on classification and risk in implementing this technology. The Health Insurance Portability and Accountability Act (HIPAA) imposes a number of security and privacy requirements on digital pathology systems in the US. This act is focused on the concept of Protected Health Information (PHI).
Whereas, in Canada, there is an increasing trend of using telepathology technology for clinical application in Canada. Based on this, the president of Canadian association pathologist formed a group which include pathologists, technologist and healthcare administrators across Canada. This group provide basic information and guidelines for implementation and use of telepathology to different Canadian pathologist. The firms which are implementing this technology should go for demonstration equivalent diagnostic performance. Each company implementing telepathology for diagnostic purpose have to carry out validation. Thus, such regulations impact the North American digital pathology market during the forecast period.
Research Methodology:
The market study of the North American digital pathology market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for digital pathology software, service and devices manufacturers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. North American Digital Pathology Market Research and Analysis by Product and Services
2. North American Digital Pathology Market Research and Analysis by End-user
3. North American Digital Pathology Market Research and Analysis by Application
The Report Covers:
- Comprehensive Research Methodology of the North American Digital Pathology market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American Digital Pathology market.
- Insights about market determinants which are stimulating the North American Digital Pathology market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Apollo Pacs Inc.
- Aurora Interactive Ltd.
- BARCO
- Carl Zeiss AG
- Digipath Inc.
- Leica Microsystems GmbH
- Ligolab LLC
- microDimensions GmbH
- Mikroscan Technologies Inc.
- Nikon Instruments Inc.
- Olympus Corp.
- Philips Healthcare
