Digital Pathology Market is predicted to witness substantial growth in the coming years due to increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.
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The key driving factors responsible for the growth of Digital
Pathology market :
Currently, digital pathology is
indispensable to gain a wide popularity since it greatly assists the healthcare
professionals in diagnosis and treatment, specifically supports the education
domain, used widely in research and development of large number of drugs, and
also it is an important tool for human laboratory practice on the global scale.
It delivers improved analysis that helps physicians and experts in decision
making, speedy access to emergency cases, and data storage for future
predictive analysis, offers live zooming option with multiple angle views,
enable team annotation for slides, and reduce errors or misidentification.
The key drivers of the digital
pathology market include increasing awareness of digital pathology across the
globe and growing adoption, rising technological enhancement in the analysis
software, increasing prevalence of cancer, high efficiency of pathological
assessment, increased workload of pathologists, and delivery of superior
results. However, strict regulations and significant cost of the systems are
few restraining factors in the digital pathology industry.
Increasing focus on improving the
efficiency of workflow and adoption of quicker diagnostic tools for chronic
disorders is trending in the digital pathology market. Nonetheless, digital
pathology has several advantages over the traditional techniques, which is
expected to offer lucrative opportunity for various applications.
With an aim of improving digital
pathology services, Neuberg Diagnostics, a prominent player in the industry
merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by
OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South
Africa, this venture offers solution for digitized tissue slides and
tele-pathology demanded by medical institutes, hospitals, and the physicians.
Moreover, since the digital
pathology domain is gaining momentum in India, the associated instruments are
significantly priced, making it difficult for the customers to purchase. But
the services offered by this merger are predicted to support pathologists and
private hospitals in terms of better-quality scanner, telepathology software
platform, image management tools, along with Neuberg’s histopathology network.
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