Whole Slide Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028

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Whole Slide Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028

Status : August, 2020 | Medical Devices | PPT format

Report Digest

Global Whole Slide Imaging Market: Overview

The global whole slide imaging market is expected to grow significantly in the near future, as there is high demand for digital pathology in clinical setup. This will help in improving existing patient diagnostics imaging measures. In addition, rising incidence of chronic diseases such as cancer and increasing elderly population has triggered the technological advancements in diagnostic technique, in turn; expand the global whole slide imaging market.

Relating to these factors, the report on the global whole slide imaging market gives out the information about the growth of this market. It provides detailed analysis of the competition prevailing in the market. Trends, opportunities, and restraints are also systematically described in the report. With this information, key stakeholders in the whole slide imaging market will be able to take smarter decisions and implement their strategies accordingly.

Global Whole Slide Imaging Market: Trends and Opportunities

Currently, the trend prevailing in the global whole slide imaging market is that of intense research and development of the application of static and dynamic systems. This aspect will give a thrust to increase the use of this technology. As an instance, hybrid technology that works in the combination of dynamic and static systems has advantage of both systems and gain further fuel the market’s growth. Moreover, whole slide imaging has numerous benefits as compared to conventional light microscopes, which has created lucrative opportunities for growth.

Global Whole Slide Imaging Market: Market Potential

The global whole slide imaging market has huge growth potential, as the major players in the market are engaged in developing novel procedures by innovating. Cancer research industry is one area in which whole slide imaging will play a crucial role. Increasing efforts made to treat growing cases of cancer and development of personalized medicines is creating a huge growth potential for the global whole slide imaging market. In addition, growing popularity of tele pathology is also expected accelerate growth in this market.

Global Whole Slide Imaging Market: Geographic Analysis

On the regional front, Asia Pacific is expected to hold maximum share in the global whole slide imaging market. The presence of huge target customer base and growing emphasis to expand and develop healthcare sector are creating huge growth prospects in this market. Moreover, due to the large population base as there is a high demand for pathology specimen to treat large number of people. This has also bolster the global whole slide imaging market. Rising awareness about the benefits of the WSI and growing research on drug discovery has also increased the growth prospects in this market.  Further, developing regions have huge potential for the growth of the key players. Therefore, they are investing large amount of money to meet the untapped opportunities in Asia Pacific region. In addition, escalating demand for novel treatment options, reduction in laboratory expenses, and better patient care facilities are expected to bolster demand in the whole slide imaging market.

North America is also expected to contribute substantial share in the growth of this market. Supportive government initiatives, huge investments in research and development activities, and strong presence of key players in the regions are the major factors driving the global whole slide imaging market in this region.

Some of the most prominent competitors operating in the competitive landscape of global whole slide imaging include –

  • Omynx LLC
  • Definiens
  • 3DHistech, Inc.
  • Olympus Corporation
  • Leica Biosystems
  • GE Healthcare
  • Philips Healthcare
  • Objective Pathology Services
  • Ventana Medical Systems, Inc.

These players are adopting various organic and inorganic strategies such as expansion, innovation, product development, collaboration, and mergers and acquisition. These strategies will help them to strengthen their position in the market and gives competitive edge.

For example, Royal Philips acquired the Irish PathXL, an image-based analysis firm. With this acquisition, the company will develop integrated tools to meet its growing applications in computational biology, image analytics, education, and workflow solutions.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.