Digital Pathology Market Size, Trends, A ...

Digital Pathology Market Size, Trends, Applications, and Industry Strategies.

Mar 13, 2023

The prevalence of chronic diseases, including cancer, around the world has been increasing rapidly. According to the World Health Organization, cancer is among the leading causes of death, second-leading to be precise, globally, and led to about 8.8 million deaths in 2015.

In addition to this, approximately 70% increase is expected to be witnessed in the number of new of cancer cases over the next two years. Like cancer, there are a number of chronic diseases which still cannot be cured and can only be managed with proper medication.

In such cases, early detection of the disease is the key to get effective treatment for the management of the disease. Because of this, the demand for advanced technologies that can provide faster and more accurate and efficient diagnosis is rising. As per a report by P&S Intelligence, the global digital pathology market is projected to advance at a significant pace in the years to come.

The process of digitizing glass slides by making use of a whole slide image scanner for analyzing the digital images by utilizing an image viewer, such as a mobile device or computer monitor, is referred to as digital pathology .

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This can be attributed to the growing burden of chronic diseases, including cancer, hepatitis A and B, and the need for critical monitoring during the treatment for such diseases. This is made possible due to the precise consultations offered by digital pathology services. Other than disease diagnosis, training & education, teleconsultation, and drug discovery are also among the major applications of digital pathology.

Among all these, the demand for digital pathology is expected to increase considerably for teleconsultation in the coming years.

Geographically, North America is predicted to emerge as the largest digital pathology market in the years to come. This is owing to the rising healthcare expenditure and supportive government initiatives about the development of technologically innovative systems in the region.

In conclusion, the demand for digital pathology technology is growing because of the surging prevalence of chronic diseases and increasing geriatric population.

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