According to Market Research Future (MRFR), the global digital pathology market is anticipated
to acquire a market value of USD 8,305.6 million while expanding at a CAGR of 13.04% during
the review period from 2018-2023.
Increasing demand for efficient digital pathology products to treat chronic diseases, such as;
cancer, diabetes, and others, is expected to drive the market significantly during the review
period. Strategic moves; such as, increasing initiatives towards commercializing cost-efficient
digital pathology techniques is anticipated to enhance the demand for such centers, which may
augment the market in the coming period. The rapid development of digital pathology
equipment, such as; medical imaging and robotic light microscopy, can accelerate the demand
for quality diagnostics, resulting in trade development. Furthermore, the adoption of electronic
records and integrating automation in medical utilities is expected to enhance the digitalization
of pathologies, which may augment the demand for digital pathology services.
However, high implementation costs of digital pathology are anticipated to hamper the market
growth during the forecast period. However, the rising geriatric population is likely to counter
the impeding factor that can augment the requirement of centers for diagnosis, which may
develop the market.
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Based on the region, the global market for digital pathology is segmented into North America,
Europe, Asia-Pacific, and the Rest of the World (RoW).
As per the assessment by MRFR, the global market is anticipated to be dominated by North
America owing to the presence of advanced healthcare infrastructure. Established economies
like the U.S. and Canada are expected to make significant participation in developing the
regional market. The integration of advanced technologies in various diagnostic techniques can
drive the market significantly during the