Whole slide imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1,793.11 million by 2028 and will grow at a CAGR of 15.90% in the above mentioned forecast period. The rise in the research and development activities in cancer treatment and personalized medicines is amongst the important factor expected to intensify the growth and demand of whole slide imaging market.
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Whole slide imaging is a type of an innovative digital imaging technology used by pathology departments across the world. It is commonly referred to as virtual microscopy, which involves the attainment of high-resolution digital images representing entire tissue sections from glass slides on a computer monitor.
The rise in the research on drug discovery and increase in the awareness about the benefits of whole slide imaging are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rapid technological advancements in whole slide imaging and rise in the popularity of virtual slides are also likely to enhance the growth of the market. Furthermore, the high demand for high-speed and high-resolution digital images in pathological laboratories and the rapid innovation in digital imaging technologies are also amongst the significant factors expected to fuel the growth of the whole slide imaging market.
The rapid rise in the government initiatives to use advanced technologies, increase in the emphasis on drug discovery and increase in the research and development experiments are anticipated to offer significant growth opportunities for the whole slide imaging market in the forecast period of 2021 to 2028.
Asia-Pacific region leads the whole slide imaging market owing to the rise in the research on drug discovery and increase in the awareness about the benefits of whole slide imaging. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in the government initiatives to use advanced technologies and increase in the research and development experiments.
The major players covered in the whole slide imaging market report are OLYMPUS CORPORATION, Leica Biosystems Nussloch GmbH, Hamamatsu Photonics K.K., 3DHISTECH Ltd., Koninklijke Philips N.V., Indica Labs, Inspirata, Inc., Nikon Instruments Inc., Mikroscan Technologies, Inc., Visiopharm A/S, PerkinElmer Inc., Akoya Biosciences, Inc., Siemens Healthcare GmbH, Hologic, Inc., and Carl Zeiss AG, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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