Global Digital pathology Market to reach USD 1366.85 million by 2027.
Global Digital pathology Market is valued approximately USD 553 million in 2020 and is anticipated to grow with a healthy growth rate of more than 13.8 % over the forecast period 2021-2027. Digital pathology is an innovation that has changed the paradigm of microscope-based pathology; it is the process of digitalizing whole slide images using advanced slide scanning technology. Increasing adoption of digital pathology to enhance lab efficiency and increasing initiatives by industry players are some factors driving the market growth. For instance: As per Statista the market value of digital pathology in Latin America was forecast to reach approximately 81 million U.S. dollars by 2025, up from an estimated 50 million U.S. dollars in 2020. However, high cost of digital pathology systems impedes the growth of the market over the forecast period of 2021-2027. Also, with the advent of affordable scanners for private pathology practices, the demand for Digital pathology is likely to aggregate the market growth during the forecast period.

Global Digital pathology Market is segmented on the basis of geographical reason as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is dominating the market and is expected to witness the highest CAGR over the forecasted years. Factors such as rising prevalence of cancer, increasing demand for quality diagnostics and favorable initiatives by the governments are expected to drive the market growth in the region.

Major market player included in this report are:
Visiopharm
Leica biosystems
Koninklijke philip
Hamamatsu photonics
F. Hoffmann-la roche ltd.
Sectra ab
3dhistech
Apollo enterprise imaging corp.
Xifin, inc.
Huron digital pathology
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Scanners
Software
Communication systems
Storage systems
By Application:
Drug discovery
Disease diagnosis
Teleconsultation
Training & education
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Digital pathology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors