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06-Nov-2023

Asia-Pacific Digital Pathology Market Size Expected to reach $0.39 billion by 2031 | CAGR of 10.6%

Asia-Pacific digital pathology market size was valued at $143.32 Million in 2021, and is projected to reach $393.33 Million by 2031, registering a CAGR of 10.6%. Digital pathology is a diagnosis technique carried out by the use of various computer technologies. Digitized specimen slide generates information that is managed by advanced computation and through virtual microscopy. Advances in medical science and computer technology have all contributed to the development of digital pathology.. It offers a high-resolution sample scanning, analysis of computer images, and online storage of digital slides which enables pathologists to examine slides without forensic evidence.

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Akoya Biosciences, Roche, Hamamatsu Photonics, Nikon Corporation, Qritive, Visiopharm A/S, Danaher Corporation, Koninklijke Philips, Indica Labs Inc., Aether AI

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On the basis of type, the Asia-Pacific digital pathology market is segmented into scanners, software and storage & communication system. In 2021, the scanners segment accounted for the largest share of the market. The dominance of this segment can be attributed to the advanced features provided by digital pathology scanners, such as whole slide imaging systems that conduct automated assays as well as repeated data analysis across experiments and produce high images, are the key drivers for the growth of the market. The software segment is anticipated to grow at a significant rate during the forecast period. Owing to the fact that digital pathology software provides a universal platform for pathology workflow to histo-technicians, pathologists, and administrators through diagnosis.

On the basis of application, the market is classified into teleconsultation, disease diagnosis, drug discovery and training & education. In 2021, the disease diagnosis segment exhibited the highest growth, and is anticipated to lead during the forecast period, owing to increase in use of digital pathology to diagnose various types of cancers and chronic diseases such as lung cancer, colorectal cancer, and breast cancer which is projected to boost the growth of the market.

The drug discovery segment is expected to grow at a considerable growth rate during the Asia-Pacific digital pathology market forecast period. Owing to increase in the productivity for drug development by reducing the volume of slides that need to be analyzed and provides increasingly accurate predictions of the images.

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The clinical segment is anticipated to be the fastest growing segment during the forecast period. Owing to increase in demand of clinical trial training applications which can be reformatted to drive quality improvement in routine practice, hence, contributing in the growth of Asia-Pacific digital pathology market

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Last Updated: 06-Nov-2023