The digital pathology market in Europe is expected to grow from US$ 243.97 million in 2022 to US$ 474.42 million by 2028. It is estimated to grow at a CAGR of 11.7% from 2022 to 2028.
Growing Preference for Telepathology in Remote Areas Propels Growth of Digital Pathology Market in Europe
The dearth of pathology experts and the shortage of infrastructure required to run a pathology lab without any interruption are among the major issues faced in remote areas. With a digitized workflow, a pathologist can receive the slides of a patient in minutes instead of weeks; frozen section samples can be read and controlled remotely in real time, cutting travel time for the pathologist. People living in remote regions need to travel to urban areas for disease diagnosis, treatment, and follow-up, which is a primary concern that develops reluctance among them. Digital pathology helps bridge the gap between patients and diagnosing centers, as it provides the people staying in remote areas with effective access to healthcare organizations; it also helps save time and money for patients. The setup required for digital pathology can be easily adopted in rural labs and hospitals. Further, telepathology, which is described as a remote telecommunications consultation, primarily, for the diagnosis or treatment, helps close bridge the gap between two or more geographically distant healthcare providers by eliminating geographic and functional barriers. Several hospitals, primary care providers, private clinics, and other medical institutions offer telepathology services, which benefit them through cost reduction and patient satisfaction. Thus, the growing acceptance of telepathology is fuelling the digital pathology market growth.
Market Overview
The digital pathology market in Europe, based on country, is segmented into France, Germany, Italy, Spain, Poland, the UK, and the rest of Europe. The regional market growth is attributed to the increasing support for digital pathology projects, education, and training programs in France; rising prevalence of cancer; growing adoption of digital pathology solutions in the UK; and the surging number of conferences in Germany. Digital pathology process scans glass slides and produces virtual images. The virtual image is paired with associated clinical information to give pathologists an integrated picture of cancer patients. Pathologists can then perform additional diagnostics, including image analysis tests that cannot be done using traditional glass slides. These enhanced images can be viewed, annotated, and interpreted on a computer and used for cancer diagnosis and treatment. Furthermore, according to a study by Association of Clinical Pathologists, digital pathology adoption is high in the UK, and its usage is likely to increase in the coming years. In addition, pathologists in the UK seek guidance, training, and education on digital pathology solutions. Owing to the rising prevalence of cancer in the UK, the digital pathology market in the country is likely to grow during the forecast period
Europe Digital Pathology Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Europe Digital Pathology provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Digital Pathology refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Digital Pathology Strategic Insights
Europe Digital Pathology Report Scope
Report Attribute
Details
Market size in 2022
US$ 243.97 Million
Market Size by 2028
US$ 474.42 Million
Global CAGR (2022 - 2028)
11.7%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Product
By Type
By Application
By End User
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Digital Pathology Regional Insights
Europe Digital Pathology Market Segmentation
The Europe Digital Pathology Market is segmented into product , type, application and end user.
KoninklijkePhilipsN.V.;NikonCorporation;PerkinElmer,Inc.;IndicaLabs;3DHISTECHLtd.;Hamamatsu Photonics K.K.;F. Hoffmann-La RocheLtd;Visiopharm A/S;Glencoe Software, Inc.and; Danaher Corporation. are the leading companies operating in the digital pathology in the region.
The Europe Digital Pathology Market is valued at US$ 243.97 Million in 2022, it is projected to reach US$ 474.42 Million by 2028.
As per our report Europe Digital Pathology Market, the market size is valued at US$ 243.97 Million in 2022, projecting it to reach US$ 474.42 Million by 2028. This translates to a CAGR of approximately 11.7% during the forecast period.
The Europe Digital Pathology Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Digital Pathology Market report:
The Europe Digital Pathology Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Digital Pathology Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Digital Pathology Market value chain can benefit from the information contained in a comprehensive market report.