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#Digital Pathology Market Share
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Digital Pathology Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Telepathology
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The global Digital Pathology Market is estimated to be valued at US$ 884.4 million in 2023 and is expected to exhibit a CAGR of 12.2% over the forecast period, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Digital pathology is an advanced technology that involves the management, storage, and interpretation of pathology information in a digital format. It eliminates the need for physical slides and allows easy access to patient data for analysis and diagnosis. This technology offers numerous advantages such as enhanced accuracy, faster turnaround time, remote consultation, and improved collaboration among pathologists. The need for digital pathology solutions is driven by the rising demand for efficient diagnostic tools and the increasing complexity of pathological slides. B) Market Key Trends: One key trend in the global Digital Pathology market is the increasing adoption of telepathology. Telepathology allows pathologists to remotely access and interpret pathology images, enabling them to provide expert opinions and consultations regardless of geographical barriers. This trend has gained significant momentum due to the COVID-19 pandemic, which has increased the need for remote work and virtual healthcare solutions. Telepathology not only improves access to pathology expertise in underserved areas but also facilitates multi-disciplinary collaboration and enables faster diagnosis and treatment decisions. C) PEST Analysis: - Political: Regulatory policies and guidelines play a crucial role in the adoption of digital pathology solutions. Governments worldwide are focusing on enhancing healthcare infrastructure and promoting digitization in healthcare. - Economic: The growing healthcare expenditure and increasing burden of chronic diseases are driving the demand for digital pathology solutions. Moreover, advancements in technology and cost reduction of digital pathology systems are also contributing to market growth. - Social: The growing geriatric population, increasing prevalence of chronic diseases, and rising awareness about personalized medicine are factors driving the need for accurate and efficient diagnostic tools like digital pathology. - Technological: Advancements in image analysis software, machine learning, and artificial intelligence have revolutionized digital pathology. These technologies enable automated analysis, better accuracy, and faster diagnosis, thereby boosting market growth. D) Key Takeaways: - The global Digital Pathology Market Demand is expected to witness high growth, exhibiting a CAGR of 12.2% over the forecast period, due to the increasing adoption of telepathology. - North America is the fastest-growing and dominating region in the digital pathology market, attributed to the presence of well-established healthcare infrastructure, a high burden of chronic diseases, and a supportive regulatory environment. - Key players operating in the global Digital Pathology Market include Leica Biosystems Nussloch GmbH, Olympus Corporation, F. Hoffmann-La Roche Ltd., Merck KGaA, GE Healthcare, Mikroscan Technologies, Inc., Koninklijke Philips N.V., Sectra AB, Propath UK Limited, Inspirata, Inc., Hamamatsu Photonics, Inc., OracleBio Limited, MD Biosciences, Aiforia, Xybion Digital Inc., and Nucleai, Inc. In conclusion, the global Digital Pathology Market is experiencing significant growth due to the increasing adoption of telepathology and advancements in technology. This market has immense potential to improve diagnostic accuracy, enhance collaboration among pathologists, and facilitate remote consultations. As healthcare systems continue to embrace digitization, the demand for digital pathology solutions is expected to soar in the coming years.
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businesstycon · 10 months
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Global Digital Pathology Market Size, Share and Suppliers to 2031
The global digital pathology market size was valued at USD 986.24 million in 2022. It is projected to reach USD 1843.89 million by 2031, growing with a CAGR of 7.2% during the forecast period (2023–2031).
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insightslicelive · 1 year
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Digital Pathology Market Business Opportunities and Top Manufacture and Forecast by 2032 | Hamamatsu Photonics K.K, Leica Biosystems Nussloch GmbH, Definiens AG
Digital Pathology Market Business Opportunities and Top Manufacture and Forecast by 2032 | Hamamatsu Photonics K.K, Leica Biosystems Nussloch GmbH, Definiens AG
insightSLICE has compiled key insights and presented a research report on market titled “Global Digital Pathology Market 2023”: The report begins with an overview of the industrial environment, analysis of market size, by-products, regions, application, industry competition within active companies. The research analyzes market share, demand, trends and forecast in the coming years. The report…
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reserchnester-blog · 2 years
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Digital Pathology Market Size, Research & Analysis 
The global digital pathology market is estimated to garner a revenue of USD 2,300 Million by the end of 2033 by growing at a CAGR of ~10% over the forecast period, i.e., 2023 – 2033.
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9th Nov 2022 Digital pathology Market Trends, Size, Company Revenue Share, Key Drivers & Analysis Till 2030
Digital Pathology Market Trends, Growth, Size, and Insights By Type (Human Pathology, Animal Pathology), By Product (Hardware, Software, Storage), By Application (Telemedicine, Drug Discovery, Disease Diagnosis, mhealth) and By End-user (Hospitals & Clinics, Research Centers & Academic Institutes, Diagnostic Centers)
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luckypeanutyouth · 19 hours
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AI in Pathology Market Size Forecast 2024-2031 Made Available by Top Research Firm
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The global AI in Pathology market is expected to witness substantial growth in the coming years, according to a new market research report. The report, titled "AI in Pathology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031," projects that the market size was valued at USD 1050.18 million in 2023 and is anticipated to grow to USD 1915.21 million by 2031, with a CAGR of 7.8% during the forecast period of 2024-2031.
Report Scope
The report provides a comprehensive analysis of the AI in Pathology market, including market dynamics, trends, drivers, challenges, and opportunities. It covers various AI technologies utilized in pathology, such as machine learning, deep learning, and image analysis, along with their applications in diagnostic pathology, research pathology, and digital pathology. Furthermore, the report offers insights into the competitive landscape, key market players, and recent developments in the industry.
Market Analysis
The growing adoption of digital pathology and the increasing demand for accurate and efficient diagnostic solutions are driving the growth of the AI in Pathology market. AI-powered pathology solutions offer benefits such as improved diagnostic accuracy, faster turnaround times, and enhanced productivity for pathologists. As healthcare organizations strive to enhance patient care and optimize pathology workflows, the demand for AI-based pathology solutions is expected to surge in the coming years.
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Impact of the Russia-Ukraine Conflict
The ongoing Russia-Ukraine conflict has disrupted supply chains and geopolitical dynamics, impacting various industries, including healthcare. The AI in Pathology market is not immune to these effects, with potential disruptions in the supply of medical devices, software, and services. However, the long-term impact of the conflict on the AI in Pathology market remains uncertain and will depend on factors such as the duration of the conflict and its geopolitical ramifications.
The Impact of Economic Slowdown
Economic slowdowns can significantly affect healthcare spending and investment in medical technologies, including AI in Pathology solutions. However, the essential nature of pathology services and the growing emphasis on digital transformation in healthcare are expected to mitigate the impact of economic slowdowns on the AI in Pathology market. Moreover, government initiatives to improve healthcare infrastructure and the adoption of AI technologies could drive market growth despite economic challenges.
Regional Analysis
The report provides a comprehensive analysis of the AI in Pathology market across regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America currently dominates the market, driven by the presence of key market players, advanced healthcare infrastructure, and increasing investments in AI technologies. However, Asia Pacific is expected to witness significant growth during the forecast period, fueled by rising healthcare expenditure and increasing adoption of digital pathology solutions in emerging economies.
Key Takeaways and Recent Developments
Key takeaways from the report include the increasing adoption of AI in pathology for disease diagnosis, research, and treatment planning, as well as the emergence of innovative AI algorithms and platforms. Recent developments in the market include strategic collaborations, product launches, and advancements in AI-powered pathology solutions aimed at enhancing diagnostic accuracy and efficiency.
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mohamedmurray98 · 18 days
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Lithuania-based Northway Biotech To Open New Facility In Waltham
MPM Capital - biotechnology investment firm with three decades of experience creating and investing in revolutionary biotechnology firms in search of to deliver transformative therapies to sufferers in the areas of highest unmet medical want. Bio Pharma Networking Group - a pharmaceutical, biotechnology and life sciences professionals' group. It connects communities across numerous disciplines & corporate cultures that value relationship building in any respect stages of trade careers. But improvement of lifesaving technologies is just part of what biotech corporations tackle. At any level alongside the journey from development to commercialization, there are numerous key concerns across the organization that require coordination to handle efficiently and effectively. As a biotech firm evolves through its drug development life cycle, the finance function should additionally evolve and develop new capabilities to support the scaling of the broader group. We are solely and utterly centered in your finest interests—not on promoting you products or services. Xtalpi was arrange by a group of quantum physicists at MIT in 2014 with the goal to hurry up the drug discovery process. It uses a variety of digital and computational tools similar to quantum physics, artificial intelligence (AI), and cloud computing to foretell the chemical properties of small molecule medicine at an early stage of development. Financially, the Boston-based biotech firm has raised $18 million in a sequence A financing round followed by a $66 million sequence B round in 2015. Founded by consultants from MIT and Harvard School of Dentistry with the brightest minds in machine learning and advanced engineering, Overjet has developed correct and quantified methods to detect pathologies and integrate actionable insights into workflows. Every day, personal practices, dental assist organizations (DSOs), and insurance coverage firms rely on the accurate insights provided by Overjet to drive optimal care and service to sufferers. We are building options that tackle real-world problems in dentistry by identifying areas of affected person care that AI can assist. Major corporations embody Sanofi Genzyme, Vertex Pharmaceuticals, and Biogen, all contributing considerably to native biopharma advancements. During the time period of the equity line, the purchaser is committed to buying the securities on the choice of the buyer, who has the flexibility, but not the obligation, to sell the shares throughout this period. The company elects to draw down under the facility, by providing a discover to the investor. The investor pays the market value of the shares much less an agreed-upon low cost, often topic to a minimum price under which no shares could additionally be bought. "This platform opens up vast new areas of risk, and doing it in a way that is simply not being pursued typically," Cole stated. Our personalised strategy and experience help us construct long-term relationships as a trusted advisor. Our mission is to empower clients with the guidance and counsel they want to obtain their financial aspirations while living in accordance with their private values. The preceding post was written and/or revealed as a collaboration between Benzinga’s in-house sponsored content group and a financial associate of Benzinga. Although the piece just isn't and shouldn't be construed as editorial content, the sponsored content group works to make certain that any and all info contained inside is true and accurate to the most effective of their information and analysis. We’re on a mission to turn out to be the global main platform for enterprise lodging, by providing a savings-driven and easy-to-use platform. And with greater than 200 workers serving 35K+ businesses, we are well on our method to achieving that goal. Engage with trade pioneers as we unveil evolving leasing dynamics, investor insights, and future-ready workspace improvements. Hear the trade-offs and benefits between superior manufacturing methods and Good Manufacturing Practice requirements in biotech. Delve into sustainable biotech services design, power solutions, access concerns, and extra. For biotechs, the downside of this alliance activity is that only 6% of the entire potential worth of these 2022 deals got here within the form of guaranteed up-front payments, with subsequent funds dependent on future milestones. Like biotech estate planning that continues rising without food, the region’s biotech scene is still thriving. The 5 million square metres of life-science house now under construction, or proposed, is more than triple the biotech-related constructing underway within the industry’s second city, San Francisco. At Kensho, we leverage S&P Global’s world class knowledge to research, develop and implement main AI and machine studying capabilities that drive fact-based, goal choice making. We build and deploy options that make that knowledge accessible, insightful, related and transformative. The decreased ranges of debt financing (down 10%) are a predictable response to rising rates of interest. Biomedical analysis thrives right here, supported by a tradition of innovation and sturdy funding opportunities. A PIPE is a personal placement of securities of an already-public company that is made to selected accredited traders. This often requires the issuer to file a resale registration assertion covering the resale every so often of the securities the investors purchased within the personal placement. The Waltham facility, set to open later this year, is a sister website to a facility located in Vilnius, Lithuania, which has been operated by Northway Biotech CEO Vladas Bumelis, PhD, for over 17 years. Implementing a virtual desktop infrastructure, whereas useful, can be complex without a devoted IT department. Investors in Ginkgo Bioworks Holdings, the Boston firm he co-founded, had pushed its market value above $US29 billion. Since then, amid the broad biotech stoop, Ginkgo shares have misplaced 87 per cent of their worth. Together, we empower restaurants of all sizes to build great teams, improve revenue, enhance operations, and delight their visitors by way of an intuitive all-in-one platform. Too many real estate transactions nonetheless depend on an antiquated system of documents to seize and share information. At Stavvy, we envision a future not solely without paper, but with out paperwork; shattering the notion that paperless is nearly as good as it will get. The Baltimore-based firm was lively in a handful of 2021 biotech IPOs, together with Evotec, Longboard Pharmaceuticals, and Imago BioSciences. Cormorant Capital, a Boston-based investing group with $3 billion in assets underneath management, was founded in 2013 by Bihua Chen. She has grown Cormorant into one of biotech prime traders; the company was concerned in 11 such IPOs in 2021.
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rajul123 · 27 days
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VNA & PACS Market to be Worth $6.50 Billion by 2031
Meticulous Research®—a leading global market research company, published a research report titled, ‘VNA & PACS Market by Procurement (PACS [Departmental {Radiology, Mammography, Dental} Enterprise] VNA [Enterprise, Multi-site] [CT, Angiography, MRI, Ultrasound]), Delivery (On Premise, Cloud, Hybrid), Vendor Type, End User - Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the VNA & PACS market is projected to reach $6.50 billion by 2031, at a CAGR of 7.2% during the forecast period. The growth of this market is driven by factors such as the increasing investments in medical imaging technologies, growing demand for imaging equipment, technological advancements in diagnostic imaging modalities, rising geriatric imaging volumes, growing big data presence in healthcare, and growing healthcare IT & EHR adoption. Moreover, the integration of PACS/VNA with EMR, penetration of Artificial intelligence (AI) in medical imaging, rising adoption of hybrid & cloud-based medical imaging solutions, and rapidly growing telehealth market are expected to offer significant market growth opportunities.
However, the longer product lifecycle of VNA and budgetary constraints restrain the market’s growth. Additionally, data migration and lack of interoperability pose challenges to the market’s growth.
Key Players
The key players operating in the VNA & PACS market are Novarad Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers AG (Germany), Agfa-Gevaert NV (Belgium), Mach7 Technologies (Australia), GE HealthCare Technologies Inc. (U.S.), Fujifilm Holdings Corporation (Japan), Sectra AB (Sweden), Bridgehead Software, Ltd. (U.K.), INFINITT Healthcare Co., Ltd. (South Korea), Hyland Software, Inc. (U.S.), ASPYRA, LLC (U.S.), Merative L.P. (U.S.), SoftTeam Solutions Pvt Ltd. (India), Carestream Health, Inc. (U.S.), and Neusoft Corporation (China).
VNA & PACS Market: Future Outlook
The PACS market is segmented based on Procurement Model (Departmental PACS [Radiology PACS, Cardiology PACS, Mammography PACS {Traditional Mammography PACS, Vendor Neutral Mammography PACS}, Dental PACS, Other Departmental PACS], Enterprise PACS), Delivery Mode (On-Premise PACS, Web/Cloud-Based PACS), VNA market by Procurement Model (Enterprise VNA [Multi-Departmental VNA, Multi-Site VNA], Departmental VNA), Delivery Mode (On-Premise VNA, Hybrid VNA, Web/Cloud-Based VNA), VNA & PACS market as combined by Imaging Modality (Angiography, Computed Tomography (CT), Mammography, Magnetic Resonance Imaging (MRI), Ultrasound, Other Imaging Modalities), Vendor Type (Independent Software Vendors, PACS Vendors, Infrastructure Vendors), End User (Hospitals, Diagnostic Imaging Centers, Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.
Based on procurement model, the VNA & PACS market is segmented into departmental PACS and enterprise PACS. In 2024, the departmental PACS segment is expected to account for the largest share of the PACS market. The large share of this segment is attributed to the increase in the use of imaging data in various departments such as radiology, cardiology, ophthalmology, oncology, endoscopy, dermatology, radiology, pathology, neurology, and dentistry. Also, the increase in adoption of imaging modalities further contributes to the growth of this segment. Furthermore, the radiology PACS segment is expected to account for the largest share of the departmental PACS market. The large share of this segment is attributed to the growing healthcare industry, growing radiology services in developing countries, increasing volumes of digital medical images, availability of PACS technology, favorable reimbursement for diagnostic imaging, and advancements in imaging technologies.
Based on delivery mode, the PACS market is segmented into on-premise PACS and web/cloud-based PACS. In 2024, the on-premise PACS segment is expected to account for the larger share of the PACS market. An on-premise PACS consists of a server installed locally inside a facility with software installed on the server and the facility’s computers. The images generated are viewed over the LAN and/or outside the network via a secure connection. Additionally, the benefits offered by the on-premise PACS, such as faster access to data and high control over their data security, are the factors contributing to the significant market share of this segment.
Based on procurement model, the VNA market is segmented into enterprise VNA and departmental VNA. In 2024, the enterprise VNA segment is expected to account for the larger share of the VNA market. The large market share of this segment can be attributed to the various benefits offered by the enterprise VNA, such as improved data exchange and interoperability, enhanced technology management, integration with EMRs, reduced storage and migration costs, and improved technology management.
Based on delivery mode, the VNA market is segmented into on-premise VNA, hybrid VNA, and web/cloud-based VNA. In 2024, the on-premise VNA segment is expected to account for the largest share of the VNA market. This segment's large market share can be attributed to the benefits offered by on-premise VNA, such as greater security, control over images, and lower latency than cloud storage.
Based on imaging modalities, the VNA & PACS market is segmented into angiography, computed tomography (CT), mammography, magnetic resonance imaging (MRI), ultrasound, and other imaging modalities. In 2024, the computed tomography (CT) segment is expected to account for the largest share of the VNA & PACS market. VNA and PACS platforms facilitate the integration of many imaging modalities, including CT, into a single system. The resulting interface enables healthcare facilities to speed up their imaging procedures, increase interaction, and make CT scans more accessible to clinicians and radiologists. In addition, it offers high security of data and improves patient care.
Based on vendor types, the VNA & PACS market is segmented into independent software vendors, PACS vendors, and infrastructure vendors. In 2024, the independent software vendors segment is expected to account for the largest share of the VNA & PACS market. As the adoption of electronic health records (EHR) and digital imaging expands, there is a growing need for advanced software solutions that can efficiently store, manage, and retrieve medical images. Independent software vendors capitalize on this demand by developing comprehensive and innovative VNA and PACS software solutions. Furthermore, the rising demand for VNA & PACS solutions in healthcare organizations contributes to the significant market share of this segment.
Based on end users, the VNA & PACS market is segmented into hospitals, diagnostic imaging centers, and other end users. In 2024, the hospitals segment is expected to account for the largest share of the VNA & PACS market. The large share of this segment is attributed to the growing number of hospital admissions, the rising number of hospitals in developing countries, and the adoption of VNAs in hospitals. Also, the growing demand for enterprise-wide image data management in hospitals further contributes to the growth of this segment.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa.
In 2023, North America is expected to account for the largest share of the VNA & PACS market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to be the largest market shareholder in North America. North America’s major market share is attributed to the presence of major VNA & PACS companies, advanced healthcare & health IT infrastructure, increasing demand for standard-based medical image archiving & non-DICOM content management, technological advancements in diagnostic imaging modalities & image management solutions, rapid growth in geriatric imaging volumes, growing focus on value-based care, and growing big data presence in healthcare are some of the major factors driving the growth of this regional segment.
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Key questions answered in the report:
Which are the high-growth market segments in terms of procurement model, delivery mode, imaging modality, vendor type, end user, and region/country?
What was the historical market size for VNA & PACS across the globe?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, and challenges in the global VNA & PACS market?
Who are the major players in the global VNA & PACS market?
What is the competitive landscape like, and who are the market leaders in the global VNA & PACS market?
What are the recent developments in the VNA & PACS market?
What strategies are adopted by the major players in the VNA & PACS market?
What are the geographical trends and high-growth regions/countries?
Contact Us: Meticulous Research® Email- [email protected] Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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delvenservices · 30 days
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Pathology AI Market is Booming Worldwide by 2030
Pathology AI (Artificial Intelligence) Market research report provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. This Pathology AI Market report also offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin. Proficient capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services come together to generate this world-class market research report. This Pathology AI (Artificial Intelligence) Market report is especially designed by keeping in mind the customer requirements which will ultimately assist them in boosting their return on investment (ROI).
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Pathology AI (Artificial Intelligence) Market Competitive Landscape:
General Electric Co. (GE Healthcare)
Koninklijke Philips N.V
F. Hoffmann-La Roche Ltd
Hologic, Inc
Akoya Biosciences, Inc
Aiforia
Indica Labs Inc
OptraScan
Ibex Medical Analytics Ltd.
Mindpeak GmbH
Tribun Health
Siemens Healthineers
Zebra Medical Vision, Inc.
Riverain Technologies
IDx Technologies Inc.
NovaSignal Corporation
Vuno, Inc.
Aidoc
Neural Analytics
Imagen Technologies
Digital Diagnostics, Inc.
GE Healthcare
AliveCor Inc.
Proscia Inc
PathAl, Inc.
Tempus Labs, Inc.
Pathology AI (Artificial Intelligence) Market, by Component (Software, Services), Neural network (CNN, GAN, RNN), Application (Drug Discovery, Diagnosis, Prognosis, Workflow, Education), End User (Pharma, Biotech, Hospital Labs, Research) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Pathology AI (Artificial Intelligence) market size was estimated at USD 23.4 million in 2023 and is projected to reach USD 66.53 billion in 2030 at a CAGR of 16.1% during the forecast period 2023–2030.
Pathology AI (Artificial Intelligence) Market analysis report figures out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behaviour so that the business can stand high in the crowd. It includes an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. This market report comprises of data that can be pretty essential when it comes to dominating the market or making a mark in the Pharmaceutical industry as a new emergent. To bestow clients with the best results, Pathology AI Market research document is produced by using integrated approaches and latest technology.
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Scope of the Pathology AI (Artificial Intelligence) Market Report:
The Pathology AI (Artificial Intelligence) Market is segmented into various segments such as component, neural network, application, end user and region:
Based on component
Software
Scanners
Based on the Neural network
CNN
GAN
RNN
Based on the Application
Drug Discovery
Diagnosis
Prognosis
Workflow
Education
Based on End User
Pharma
Biotech
Hospital Labs
Research
Based on region
Asia Pacific
North America
Europe
South America
Middle East & Africa
Pathology AI (Artificial Intelligence) Market Regional Analysis:
North America to Dominate the Market
North America is estimated to account for the largest market share during the forecast period. In North America, there is growing investments and reforms to modernize the pathology infrastructure in the region and the increasing adoption of digital pathology solutions.
Moreover, the expansion of healthcare infrastructure and growing market availability of advanced AI technologies.
Pathology AI (Artificial Intelligence) Market Reasons to Acquire:
Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
Gain authentic and granular data access for the Pathology AI (Artificial Intelligence) Market to understand the trends and the factors involved in changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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soumyafwr · 1 month
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Artificial Intelligence in Digital Pathology Market Share, Overview, Competitive Analysis and Forecast 2031
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iruchakalyan · 2 months
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The Global Digital Pathology Market was valued at USD 1.4 Billion in 2023 and is estimated to reach USD 2.3 Billion by 2032, growing at a CAGR of 10.9 % from 2024 to 2033.
Digital Pathology includes the acquisition, sharing, and interpretation of pathologic information. It is the sub-field of pathology that focuses on data management based on information received from digitalized specimens. Digital pathology is mainly used by large biopharmaceuticals and top clinical research organizations to streamline drug development processes in discovery, clinical trials, and pre-clinical. The growth in digital pathology is boosted due to growing awareness of cancer diagnosis, growing applications of drug development, and precision medicines is propelling the market growth.
Emerging countries are expected to offer potential opportunities to the key players during the coming years.
To a certain extent, the market growth can be hampered due to increasing costs in the digital pathology systems.
Economic Impact of Covid-19:
The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It also focuses on the post-pandemic and pre-pandemic era of the Global Digital Pathology Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs. Innovations by market players and an increasing number of products will propel the growth of this market.
Digital pathology hardware i.e. scanners are the major restraint in this market. The development of affordable scanners is expected to grow this market, as private medical practices can’t afford expensive digital pathology systems. Therefore, the invention of cost-effective scanners will allow small players to move towards the digitization of pathology workflow creating new opportunities in the digital pathology market.
Key Players:
Thermo Fisher Scientific Inc
Apollo Enterprise Imaging Group
Huron Technologies International Inc.
PROSCIA
GE Healthcare
Propath UK Limited
Roche Tissue Diagnostics & Visiopharm
Indica Labs
Akoya Biosciences
Ibex Medical Analytics
Sectra AB
Inspirata
Mikroscan Technologies
Olympus Corporation
Others
Know More- https://nexbindinsight.com/pharmaceutical-and-healthcare/the-global-digital-pathology-market-was-valued-at-usd-billion
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9th Nov 2022 Digital Pathology Market Analysis, Revenue Share, Company Profiles & Forecast Till 2030
The growing number of innovations in the areas of pathology would further increase the size of the market to a great deal, in the next six years. According to Market Research Future (MRFR), the global digital pathology market is estimated for valuation of over USD 8,305.6 MN by 2023. In its recently published analysis, MRFR also asserts that the market would register a double-digit CAGR over 13.04% throughout the forecast period.
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luckypeanutyouth · 1 month
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fadingtrashkitty · 4 months
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health-views-updates · 2 months
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Artificial Intelligence (AI) In Diagnostics Market Forecast 2030 by Manufacturing Technology, Key Manufacturers, Industry Trends
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The global Artificial Intelligence (AI) in Diagnostics market size was valued at USD 1,172.46 million in 2022 and is anticipated to reach USD 5,123.16 million by 2030, exhibiting a remarkable CAGR of 23.45% during the forecast period from 2023 to 2030. These insights are drawn from an exhaustive report titled "Artificial Intelligence in Diagnostics Market Size" released by SNS Insider.
The integration of artificial intelligence in diagnostic processes has revolutionized the healthcare industry by enhancing the accuracy, efficiency, and speed of diagnoses. AI-powered diagnostic solutions leverage advanced algorithms, machine learning, natural language processing (NLP), context-aware computing, and computer vision technologies to analyze medical data and assist healthcare professionals in making more informed decisions.
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The report segments the Artificial Intelligence in Diagnostics market based on component, technology, diagnosis type, and geographic scope:
Component: Hardware, Software, Services.
Technology: Machine Learning, NLP, Context-Aware Computing, Computer Vision.
Diagnosis Type: Radiology, Oncology, Neurology & Cardiology, Chest & Lungs, Pathology.
Geographic Scope: Regional and Global Markets.
Among these segments, the machine learning technology segment is expected to witness substantial growth during the forecast period, owing to its ability to analyze large datasets and identify patterns and anomalies with high accuracy. Additionally, the radiology diagnosis type segment is anticipated to dominate the market due to the increasing adoption of AI-powered imaging solutions for early disease detection and treatment planning.
Geographically, North America holds a significant share in the Artificial Intelligence in Diagnostics market, attributed to the presence of key market players, technological advancements in healthcare infrastructure, and favorable government initiatives supporting AI research and development. However, the Asia Pacific region is projected to witness rapid growth opportunities during the forecast period, driven by the increasing healthcare expenditure, rising prevalence of chronic diseases, and growing demand for advanced diagnostic solutions.
Key players operating in the Artificial Intelligence in Diagnostics market include HeartFlow, Inc., Therapixel SA, Nano-X Imaging Ltd., Prognos Health Inc., Butterfly Network, Inc., Aidence B.V., Siemens AG, GE Healthcare, Digital Diagnostics Inc., IBM. These companies are focusing on strategic collaborations, partnerships, and product innovations to gain a competitive edge in the market.
In conclusion, the global Artificial Intelligence in Diagnostics market is poised for substantial growth over the forecast period, driven by the increasing adoption of AI-powered diagnostic solutions, technological advancements in healthcare, and growing demand for accurate and efficient diagnostic tools.
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