Last updated on April 21, 2014 at 10:19 EDT

MarketsandMarkets: Global Digital Pathology Market Worth $336.6 Million by 2017

October 1, 2012

DALLAS, October 1, 2012 /PRNewswire/ –

The report “Digital Pathology Market – Slide Scanners (Whole Slide Imaging), Analytics
(Image Analysis Software), Delivery Modes (Web Based/ Cloud Based) and Whole Slide Image
Storage – Global Trends & Forecast till 2017″ published by MarketsandMarkets
(http://www.marketsandmarkets.com), analyzes and studies the major market drivers,
restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse 76 market data tables spread through 233 pages and in-depth TOC of “Digital
Pathology Market – Slide Scanners (Whole Slide Imaging), Analytics (Image Analysis
Software), Delivery Modes (Web Based/ Cloud Based) and Whole Slide Image Storage – Global
Trends & Forecast till 2017″.


Early buyers will receive 10% customization on reports.

This report studies the global digital pathology market for the forecast period 2012
to 2017.

The life science industry is now witnessing the second decade of “Biologic
Revolution”. The adoption and up gradation of technology is increasing rapidly.
Conventional practices are being replaced by advanced technologies. The perception of
pathological laboratories needs to be improved as the consumer expectations and government
regulations towards improved patient safety, accurate diagnosis, Electronic Medical
Records (EMR) as well as personalized medicines are growing. Pathology plays a significant
role in patient care. Digital pathology serves this purpose by providing a facility for
digital transformation of pathology and laboratory medicine.

Digital pathology is currently gaining momentum as pathologists are seeking to achieve
workflow efficiency and cost cutting in the pathological process. It provides ready access
to premium quality slide images, enabling better and fast diagnosis, as well as
preservation of these digital slides for future reference. The digital pathology market is
driven by the factors such as reduction in laboratory expenses, improvement in operational
efficiency, and treatment decisions and patient care.

The global digital pathology market is estimated to be $191.00 million in 2012, and is
poised to grow at a CAGR of 12% to reach $336.61 million by 2017. North America is the
largest digital pathology market, followed by Europe and Asia. The Asian region’s
contribution to the global digital pathology market is also expected to pick up in the
coming years, as the technology gets more recognition and becomes more cost effective.

There are a few well-established firms and several small ones operating in this
industry. The major players in the market are Aperio Technologies, Inc. (U.S.), Ventana
Medical Systems (U.S.), Leica Microsystems GmbH (Germany), Digipath (U.S.), and Hamamatsu
Photonics (Japan).

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Source: PR Newswire