Global Whole Slide Imaging Market, By Technology (Scanners, IT Infrastructure, Viewer, Image Management System), Application (Telepathology, Cytopathology, Immunohistochemistry, Hematopathology), End User (Hospitals, Pharmaceutical and Biopharmaceutical Companies, Laboratories, Academic Institute, Research, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Whole slide imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1,793.11 million by 2028 and will grow at a CAGR of 15.90% in the above mentioned forecast period. The rise in the research and development activities in cancer treatment and personalized medicines is amongst the important factor expected to intensify the growth and demand of whole slide imaging market.
Whole slide imaging is a type of an innovative digital imaging technology used by pathology departments across the world. It is commonly referred to as virtual microscopy, which involves the attainment of high-resolution digital images representing entire tissue sections from glass slides on a computer monitor.
The rise in the research on drug discovery and increase in the awareness about the benefits of whole slide imaging are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rapid technological advancements in whole slide imaging and rise in the popularity of virtual slides are also likely to enhance the growth of the market. Furthermore, the high demand for high-speed and high-resolution digital images in pathological laboratories and the rapid innovation in digital imaging technologies are also amongst the significant factors expected to fuel the growth of the whole slide imaging market.
The rapid rise in the government initiatives to use advanced technologies, increase in the emphasis on drug discovery and increase in the research and development experiments are anticipated to offer significant growth opportunities for the whole slide imaging market in the forecast period of 2021 to 2028.
However, the high cost of purchasing and maintaining WSI systems are expected to curb the growth of the whole slide imaging market, whereas the dearth of defined professional billing codes and the lack of standardization of imaging formats can challenge the growth of the whole slide imaging market.
This whole slide imaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on whole slide imagingmarket contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Whole Slide Imaging Market Scope and Market Size
Whole slide imaging market is segmented on the basis of technology, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The technology segment of the whole slide imaging market is segmented into scanners, IT infrastructure, viewer and image management system.
- Based on application, the whole slide imaging market is segmented into telepathology, cytopathology, immunohistochemistry and hematopathology.
- On the basis of end user, the whole slide imaging market is segmented into hospitals, pharmaceutical and biopharmaceutical companies, laboratories, academic institute, research, and others.
Whole Slide Imaging Market Country Level Analysis
Whole slide imaging market is analyzed and market size insights and trends are provided by country, technology, application and end user as referenced above.
The countries covered in the whole slide imaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region leads the whole slide imaging market owing to the rise in the research on drug discovery and increase in the awareness about the benefits of whole slide imaging. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in the government initiatives to use advanced technologies and increase in the research and development experiments.
The country section of the whole slide imaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Whole slide imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for whole slide imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the whole slide imaging market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Whole Slide Imaging Market Share Analysis
Whole slide imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to whole slide imaging market.
The major players covered in the whole slide imaging market report are OLYMPUS CORPORATION, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., 3DHISTECH Ltd., Koninklijke Philips N.V., Indica Labs, Inspirata, Inc., Nikon Instruments Inc., Mikroscan Technologies, Inc., Visiopharm A/S, PerkinElmer Inc., Akoya Biosciences, Inc., Siemens Healthcare GmbH, Hologic, Inc., and Carl Zeiss AG, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.