Share on

North America Digital Pathology Market Research Report – Segmented By Type, Product, Application, End User & Country (The United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 253
Pages: 132
Formats: report pdf report excel report power bi report ppt

North America Digital Pathology Market Size (2022 to 2027)

The size of the North American Digital Pathology Market is estimated to value USD 313.36 million by 2027 from USD 177.02 million in 2022, growing at a CAGR of 12.10% during the forecast period. 

Digital pathology is the management of data-based information and interpretation of pathology information through digital slides in the environment.

MARKET DRIVERS:

The rising investment in R&D, government support, and increasing adoption of digital imaging in the market are some of the factors driving the digital pathology market in North America.

The significant factors that are propelling the growth of the North American digital pathology market are increasing incidences of chronic diseases and accelerating initiatives by private and public organizations in diagnostics. Also, increasing the adoption rate and availability of digital pathology devices, end-user preference on digital pathology over conventional methods are likely to escalate the growth rate of the North American digital pathology market.

North America's digital pathology market is likely to grow rapidly over the forecast period, at a high rate of CAGR owing to growth opportunities such as emerging economies of North American countries like the U.S and Canada, which are contributing the majority of share to the market. Growing efforts by key market players to develop cost-efficient methodologies and pathology systems, the emergence of new market players due to the commercialization of the digital pathology market. Increasing applications of pathologies and consistently growing demand for enhanced technologies like multiple fiber optic communications, digital imaging, robotic light microscopy are drawing more opportunities towards the market's growth.

MARKET RESTRAINTS:

Sampling errors, expensive systems, and associated maintenance costs, lack of skilled professionals, irregularities in reimbursement policies are significant challenges for the market to grow. Older pathologists are reluctant to adopt new digital pathology techniques due to a lack of proper knowledge, further impeding the market's growth rate.

This research report on the North American digital pathology market has been segmented and sub-segmented into the following categories:

By Type: 

  • Human Digital Pathology
  • Animal Digital Pathology

By Product: 

  • Scanners
  • Software
  • Communication Systems
  • Storage Systems

By Application: 

  • Teleconsultation
  • Diseases Diagnosis
  • Drug Discovery
  • Training
  • Education

By End User: 

  • Pharmaceutical Companies
  • Hospitals
  • Academic Institutions

By Country: 

  • The United States
  • Canada
  • Rest of North America

Regional Analysis:

The North American had accounted for the largest share in the global digital pathology market in 2020 and is estimated to continue the dominance during the forecast period. The U.S. Digital Pathology Market is predicted to play a dominating role in the North American market from 2022 to 2027. Also, the United States is the largest and fastest-growing market in North America. Rising chronic diseases and technology in the U.S. will help to grow the digital pathology market. Digital pathology is started in the U.S., and U.S. food and drug administration announced approval to Phillips intelligible pathology solution to treat primary care. Also, USFDA approved to first slide imaging in 2017 for primary care in surgical pathology. The United States is the dominating segment in North America and the global market due to its not such strict regulatory policies, which are perceived as restraints in the case of other countries. Currently, digital pathology is widely used in North America owing to a vast number of companies in the market.

The Canadian digital pathology market is projected to be growing at a healthy CAGR during the forecast period. The rising demand for digital pathology due to western culture in Canada is driving the market growth. The Canadian companies focus on new slide imaging technology for patients’ primary care and implementation of new technology with the help of government support. In 2018, a Canadian university (Kimia lab) received massive investment from Ontario to fund research programs for its A.I. search engine.

KEY MARKET PLAYERS:

Some of the major companies playing a leading role in the North American digital pathology market are Perkin Elmer, Inc., Definiens AG, Sectra AB, Koninklijke Philips N.V, GE Healthcare, Inspirata Co., Ventana Medical Systems, Inc., Leica Biosystems, 3D-Histech Ltd, Hamamatsu Photonics K.K., Digipath Co., ZEISS, Olympus Corporation, Quorum Technologies Inc. and Yokogawa Electronics Corporation.

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample