Digital Pathology Market by Product (Scanner, Software, Storage Systems, Communication System), Type (Human, Veterinary), End User (Educational, Clinical, Pharma & Biotech Companies), Application (Teleconsultation, Disease Diagnosis, Drug Discovery,

"Market Definition:
The Global Digital Pathology Market was valued at USD 4.96 billion in 2019 and is estimated to reach USD 17.28 billion by 2030, expanding at a CAGR of 11.9% during the forecast period from 2019 to 2030.
Digital pathology is also known as digital imaging, virtual slides, or virtual microscopy. It is a dynamic image-based environment that helps in the procurement, administration, and interpretation of pathological information using a computer. It helps pathologist observe slides under a microscope and digitize the images using an image analysis software. Digital pathology provides live and high resolution images that aid pathologist to diagnose better.
The adoption of digital pathology has increased in numerous applications such as diagnosis of diseases, research, and drug discovery. Also, the demand for digital pathology has increased due to the rising occurrence of chronic diseases around the world.
Market Dynamics and Trends
Rising prevalence of chronic diseases, increasing demand for the implementation of rapid diagnostic tools, and rising trend of digitization in the medical sector are driving the digital pathology market. Also, growing adoption of digital pathology for disease diagnosis, increasing government support, and ease of consultation have contributed to the growth of digital pathology market.
However, high cost and lack of reimbursements may hamper the digital pathology market. On the other hand, increasing awareness regarding the advantages of digital pathology, introduction of affordable scanners for private pathology practices, and increasing requirement for personalized medicine are creating new opportunities in the market.
Market Segmentations and Scope of the Study:
The global digital pathology market is segmented based on product, application, end user, and geography.

On the basis of product

, the market is segmented into scanners, software, and storage & communication systems. In terms of application, the market is segregated into teleconsultation, disease diagnosis, drug discovery, and training & education. Based on end user, the market is categorized as educational, clinical, and pharma & biotech companies. On the basis of region the market is classified as North America, Europe, Asia Pacific, and Rest of the World (RoW).
Geographical Analysis
North America accounts for the largest share of the market and this trend is projected to continue during the forecast period due to factors such as high adoption of digital pathology, increase in R&D investments, presence of major market players, and high consumer awareness. The market in Asia-Pacific is projected to expand owing to the improvements in healthcare facilities, increasing adoption of advanced imaging modalities, and penetration of multi-national companies in the region to harness the untapped potential.

Competitive Landscape

Key players in the global digital pathology market include 3DHISTECH Ltd., Danaher Corporation (Leica Microsystem), Glencoe Software, Inc., Hamamatsu Photonics K.K., Indica Labs Inc., Koninklijke Philips N.V., Nikon Corporation, PerkinElmer Inc., Roche (Ventana Medical Systems, Inc.), and Visiopharm A/S.
KEY MARKET SEGMENTS:
• Global Digital Pathology Market – By Product
o Scanners
o Software
o Storage & Communication Systems
• Global Digital Pathology Market –

By Application

o Teleconsultation
o Disease Diagnosis
o Drug Discovery
o Training & Education
• Global Digital Pathology Market – By End User
o Educational
o Clinical
o Pharma & Biotech Companies
• Global Digital Pathology Market – By Geography
o North America
 U.S.
 Canada
 Mexico
o Europe
 U.K.
 Germany
 Spain
 France
 Rest of Europe
o Asia-Pacific
 Japan
 China
 India
 Australia
 South Korea
 Rest of Asia-Pacific
o RoW
 Brazil
 Saudi Arabia
 South Africa
 Remaining Countries

KEY PLAYERS:
• 3DHISTECH Ltd.
• Danaher Corporation (Leica Microsystem)
• Glencoe Software, Inc.
• Hamamatsu Photonics K.K.
• Indica Labs Inc.
• Koninklijke Philips N.V.
• Nikon Corporation
• PerkinElmer Inc.
• Roche (Ventana Medical Systems, Inc.)
• Visiopharm A/S."