A latest report from Absolute Markets Insights covers insights into the global Telepathology Service market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Telepathology Service market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Telepathology Service report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Telepathology Service report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Telepathology Service market include: Diagnostics Instruments, Inc., eVisit Telemedicine Solutions, Leica Biosystems Nussloch Gmbh, Meyer Instruments Inc., Remote Medical Technologies, Teleconsult Europe, Washington University in St. Louis, UNILABS SA, Apollo Tele Health Services, F. Hoffmann-La Roche Ltd., General Electric Company, Olympus Corporation, and SRL Diagnostics amongst others.
The global telepathology service market revenue stood at US$ 637.61 million in the year 2022 and is expected to grow at a CAGR of 12.2% during the forecast period of 2022 – 2030.
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Telepathology Service Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Telepathology Service Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Telepathology Service Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Telepathology Service Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Telepathology Service Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Telepathology Service market?
Telepathology refers to the transmission of patient information and pathology images through telecommunication links. The technology facilitates various activities including consultations, primary diagnosis, frozen sections and quality assurance. There are numerous communication modalities used for performing these activities including real-time video microscopy, email, whole slide imaging (WSI), static-dynamic robotic microscopy along with hybrid devices with robotic microscopy and WSI capabilities. Absence of best practice guidelines, basic standards along with regulatory issues is restraining the telepathology service market growth. However, government authorities are undertaking relevant steps to expand its application areas across diverse practice settings. The Food and Drug Administration (FDA) in 2017 approved the commercialization of WSI, providing further growth and diversification opportunities to various vendors operating in the industry.
Telepathology is being increasingly used by a wide range of laboratories to establish direct communication with the patients and deliver pathological services more efficiently. Increased penetration of internet connectivity is supplementing the growth of telepathology service market in the developing countries. Moreover, the solution enables obtaining sub-specialty expertise through digital means without the need to manually transport the glass slides. This has simultaneously assisted in improving the turnaround times, eliminate redundant paperwork along with providing enhanced access to patients situated in remote locations. Furthermore, an advanced source of revenue for the pathologists through expanded consultative practices is serving as an excellent opportunity for the medical practitioners
Digital pathology, a dynamic form of telepathology system, enables efficient management and interpretations of information generated by digitized glass slides. In the telepathology industry, technology is largely contributing towards drug development, education and tissue based research activities amongst others. It helps to drive down cost, improve patient care and in the overall enhancement of operational efficiency. Integration of artificial intelligence and data mining with telepathology services showcases huge growth potential for telepathology services market in the forthcoming years. According to World Health Organization (WHO), cancer was identified to be among the major cause of death, accounting for more than 9.6 million deaths in 2018. Hence, rapid and appropriate diagnosis of the disease, has emerged as an essential criteria for the medical practitioners. Telepathology service market participants are proactively directing their initiatives towards innovation of advanced pathology platforms for more accurate and faster diagnosis. Aindra Systems, a healthcare IT Company, has developed artificial intelligence (AI)-based computational pathology platform, ASTRA, for detecting cervical cancers. The technology enables analysis of pap smear samples at the point-of-care, thereby reducing the turnaround time.
North America region holds the largest market share in the global telepathology service market, owing to the availability of well-equipped infrastructure and greater adoption of advanced technology. Massive investments being made into further advancement of the technology has propelled the expansion of the market in the region. Deep Lens, an Ohio-based digital pathology startup obtained an early funding of US$ 3.2 Million in 2018 towards the development of AI-based platform enabling pathologists to diagnose cancer disease among patients more accurately and in a timely manner. The platform, through application of advanced AI functionalities, allows undertaking specific diagnostic tests instantly. Simultaneously, Asia Pacific region is expected to witness maximum growth over the forecast period owing to faster adoption of advance technologies in China, India and South Korea. Hence, large scale investment by market participants is influencing the market growth in the regions.
Global Telepathology Service Market Segmentation:
Global Telepathology Service Market By Systems (Dynamic, Static, Hybrid); By Application (Diagnosis, Education, Research, Others); By End User (Hospitals, Diagnostic Centers And Pathology Clinics, Pharmaceutical And Biotech Companies, Academic Institutes, Research Organizations); By Region (U.S., Canada, Mexico, Rest Of North America, France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest Of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest Of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa, Brazil, Argentina, Rest Of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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