October 12 2020
In current clinical practices, digital pathology technology has been instrumental. In the background of the latest Coronavirus outbreak, it has become more important resource in the research laboratory ecosystems and is gaining traction recently. Although it was initially created as a cost-effective pathological method to help pathologies achieve better efficiency, digital pathology is now reemerging as a key item for pathologies to present extended workflows in the global pandemic. Including emerging technologies as artificial intelligence (AI) and machine learning, the unprecedented advantages of digital pathology integration provide incredible diagnostic possibilities far beyond traditional cardiology, and radiation. The COVID-19 crisis immediately led to a rising demand for digital pathology, and the pathology industry’s fate may forever be changed.
Global Digital Pathology Market 2020 research report presents analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market. Research reports analyses the major opportunities, CAGR, yearly growth rates to help the readers to understand the qualitative and quantitative aspects of the Global Digital Pathology Market. The competition landscape, company overview, financials, recent developments and long-term investments related to the Global Digital Pathology Market are mentioned in this report.
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Digital pathology allows improved analysis, offers live zoom and multiple angle views, provides a dashboard view of data and annotations, and reduces errors by eliminating breakage and minimizing risk and misidentification. Apart from this, it is increasingly used by top clinical research organizations (CROs) and large biopharmaceutical manufacturers to streamline drug development processes in discovery, pre-clinical and clinical trials. This, along with the advancements in technology and software applications, such as the whole slide imaging technique, and LIS/LIMS interfacing, and high-speed networking, has fully integrated digital pathology into pathology workflows. Moreover, many leading companies are entering into a partnership to gain more profits. For instance, Huron Digital Pathology has collaborated with the University of Pittsburgh Medical Center (UPMC) on artificial intelligence-based image search. This helps in presenting a pathologist-centric approach to image retrieval at pathology informatics. Looking forward, the market value is projected to reach US$ 984.4 Million by 2025, registering a CAGR of 11.2 % during 2020-2025.
The worldwide Digital Pathology Market has been thoroughly examined and the findings are summarized in the published market report. Recent developments which can play a key role in the expansion of the Global Digital Pathology Market are described and discussed in the study. The scale of growth of the Global Digital Pathology Market has been provided during the forecast period 2020 to 2026 following comprehensive market analysis. Developing opportunities in a number of key areas have even been established and attempts to expand the market penetration they hold are discussed in the study. A summary of the industry has also been provided.
In pathology, we are now starting to see the beginnings of such irreversible shifts, as social distancing and quarantine have made it almost overnight that pathology works. Laboratory workers usually use validated methods to interpret patient biopsies attached to glass slides under a microscope over the last 150 years. This regular clinical practice has been completely interrupted along with appointments and tumor boards, and now the patients will have to wait longer to be treated and care for diseases such as cancer.
Digital Pathology, which records high-resolution tissue specimen images, was essential for the preservation of surgeries by pathologists during the pandemic. Such visual images can be viewed whenever possible and are easily exchanged in secondary opinions and views, or online, by overcoming the limitations of working with glass dispositive and microscopes.
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Global Blood Screening Market, By Products & Services (Reagents & Kits, Instruments, Software & Services), Technology (Nucleic Acid Test, Enzyme-Linked Immunosorbent Assay, Rapid Tests, Western Blot Assay, Next-Generation Sequencing, Others), Disease Type (Respiratory Diseases, Diabetes Mellitus, Oncology, Cholesterol, HIV/AIDS, Cold & Flu, Infectious Diseases, Others), End User (Diagnostic Centers, Blood Bank, Hospitals, Clinics, Ambulatory Surgical Centers), 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 2027
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