Digital Pathology Market Analysis, Drivers, Key Developments & Future Strategies

 

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The market in North America dominates the target market in terms of revenue over the forecast period, owing to increasing government initiatives for developing technologically advanced systems and rising investments in R&D activities in various countries in the region.

Digital pathologyis an image-based information environment which is enabled by computer technology that allows for the management of information generated from a digital slide. Digital pathology is enabled in part byvirtual microscopy, which is the practice of converting glass slides into digital slides that can be viewed, managed, shared and analyzed on a computer monitor.

In pathology, trained pathologists look at tissue slides under a microscope. The tissue on those slides may be subjected to stainingto highlight structures. When those slides are digitized, they then have the potential to be shared (tele-pathology) and numerically analyzed using computer algorithms.

Algorithms can be used to automate the manual counting of structures, or for classifying the condition of tissue such as is used in grading tumors. This could reduce human error and improve accuracy of diagnoses. Digital slides are also, by nature, easier to share than physical slides. This increases potential for using data for education and consultations between two or more experts.


With the advent of Whole-Slide Imaging, the field of digital pathology has exploded and is currently regarded as one of the most promising avenues of diagnostic medicine in order to achieve even better, faster and cheaper diagnosis, prognosis and prediction of cancer and other important diseases.

Ongoing trend observed in the target market is increasing focus on developing faster diagnostic tools for chronic diseases and improving workflow efficiency in medical sector.


The market in Asia Pacific is expected to account for significant share in terms of CAGR over the forecast period, owing to increasing demand and preference towards advance imaging techniques, increasing investment in medical field by government in various countries.

Increasing applications of digital pathology for disease consultation, especially for cancers is a key factor expected to drive growth of the global market over the forecast period.

In addition, rising adoption of digital pathology for cost-effective diagnostics and improving patient's diagnostic imaging measures are other factors expected to further fuel growth of the target market.
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Digital Pathology Market, medical, Pathology Market,Digital Pathology

 

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