The quantitative pathology imaging industry size is poised for an extraordinary surge, with estimations predicting a valuation of US$ 9.5 Billion by 2032, a significant upsurge from US$ 2.77 Billion recorded in 2022. This meteoric rise is anticipated to occur through a robust Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period.
The progressive advancements in quantitative pathology imaging technologies are driving this exponential market expansion. These technologies are pivotal in revolutionizing the field of pathology, offering precise and detailed insights that significantly enhance diagnostic accuracy and treatment decisions.
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Digital pathology is another important driver of the QPI market. Digital pathology involves the use of digital scanners to convert tissue samples into digital images. These images can then be analyzed using QPI software to extract quantitative information. Digital pathology is becoming increasingly popular, as it offers a number of advantages over traditional microscopy, such as improved image quality, easier sharing of images, and the ability to perform quantitative analysis.
The growing demand for personalized medicine is also driving the QPI market. Personalized medicine involves tailoring treatment to the individual patient based on their unique genetic and molecular characteristics. QPI can be used to identify biomarkers that can be used to guide personalized treatment decisions.
The key takeaways from the quantitative pathology imaging market report are as follows:
- The global quantitative pathology imaging market is expected to grow at a CAGR of 11.9% during the forecast period.
- The market is driven by the increasing prevalence of cancer and other chronic diseases, the rising demand for personalized medicine, and the growing adoption of digital pathology.
- Oncology is the largest segment of the quantitative pathology imaging market, accounting for over 50% of the market share in 2022.
- North America is the largest regional market for quantitative pathology imaging, accounting for over 40% of the global market share in 2022.
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Key Companies Profiled:
- Leica Biosystems (Danaher)
- Hamamatsu Photonics, Inc.
- Koninklijke Philips N.V.
- Olympus Corporation
- F. Hoffmann-La Roche Ltd.
- Mikroscan Technologies
- Inspirata, Inc.
- 3DHISTECH Ltd.
- Visiopharm A/S
- Huron Technologies International, Inc.
- ContextVision AB
Key Segments In The Quantitative Pathology Imaging Market:
By Product:
- Instruments
- Software
- Services
By Application:
- Drug Discovery and Development
- Academic Research
- Disease Diagnosis
By End-User:
- Hospitals
- Clinics
- Pathology Diagnostic Laboratories
- Research Institutes
By Region:
- North America
- Latin America
- Europe
- Asia
- Middle East and Africa
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