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Digital Pathology Market Worth $887.7 Million by 2025 | CAGR: 12.0%: Grand View Research, Inc.SAN FRANCISCO, July 30, 2018 /PRNewswire/ -- The global digital pathology market size is expected to reach USD 887.7 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 12.0% during the forecast period. Growing prevalence of chronic diseases such as cancer is one of the key factors stimulating market growth. As a consequence of high prevalence of cancer, pathologists require specific data that facilitates personalization of therapies for patients. Thereby, digital pathology is increasingly being preferred by pathologists as it accelerates the rate of diagnosis, increases diagnostic accuracy, and provides therapeutic recommendations to improve patient outcomes. Pathologists and researchers require highly efficient biomarker quantification tool for efficient cancer diagnosis, thus augmenting the demand for automatic image analysis, which helps in molecular, functional, and genetic characterization of tumors. (Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg ) Benefits associated with digital pathology is responsible for the broadening growth potential of the market. It also facilitates histological slide sharing and eliminates issues pertaining to sharing sample of live cells and degradation of these samples. It also enables a pathologist to share sample specimen images, thus eliminating the need for transportation of slides. Significant increase in the number of cancer cases has resulted in discordance in ratio of patients to that of pathologists. Shortage of pathologists owing to poor recruitment and significant increase in the complexity of diagnostics has raised the demand for digital pathology further for evaluation of chronic diseases. Browse full research report with TOC on "Digital Pathology Market Size, Share & Trends Analysis Report By Technology (Whole Slide Imaging, Telepathology), By Application (Academic Research, Diagnosis, Drug Discovery), By End-Use, And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/digital-pathology-systems-market Further Key Findings From the Report Suggest:
Grand View Research has segmented the global digital pathology market on the basis of technology, application, end-use, and region:
Explore the BI enabled intuitive market research database, The Grand Library, by Grand View Research, Inc. About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: https://www.grandviewresearch.com |