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Digital Pathology Market Worth $437 Million by 2018 - New Report by MarketsandMarkets
Date:8/7/2014

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The report categorizes overall digital pathology market on the basis of products, applications, and geographies. Based on products, the market comprises of scanners, analytics, storage, and communication. Based on applications, the market is categorized into human and animal pathology. Human pathology is segmented into pharmaceutical and biotechnology companies, hospitals and reference laboratories, and training and education centers, while animal pathology is segmented into pharmaceutical and biotechnology companies, contract research organizations, and academic and government research institutes.

North America accounted for the largest share of the global digital pathology market, followed by Europe and Asia. The dominance of the North American market can be attributed to the favorable reimbursement scenario in the U.S. and the use of digital pathology to improve the quality of cancer diagnosis in Canada. However, the Asian market is expected to experience the highest growth in the digital pathology market. The high growth in this region can be attributed to the rise in awareness of digital pathology and its benefits, collaborative efforts by players, and federal health departments encouraging the use of digital pathology to improve the quality of cancer diagnosis.

Some of the prominent players in the global digital pathology market include 3DHistech (Hungary), Leica Biosystems (Germany), Ventana Medical Systems (U.S.), Hamamatsu Photonics K.K. (Japan), Mikroscan Technologies (U.S.), Definiens AG (Germany), Visiopharm (Denmark), and Indica Labs (U.S.).

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