However, high cost, lack of reimbursements and unwillingness of older pathologists to switch to newer diagnostic tools are factors expected to hinder the digital pathology market growth. Also, growing adoption of digital pathology for disease diagnosis, increasing government support, and ease of consultation have contributed to the growth of digital pathology market. Rising prevalence of chronic diseases, increasing demand for the implementation of rapid diagnostic tools, and surging trend of digitization in the medical sector are driving the digital pathology market. Also, the demand for digital pathology has increased due to the rising occurrence of chronic diseases around the world. The adoption of digital pathology has increased in numerous applications such as diagnosis of diseases, research, and drug discovery. Digital pathology provides live and high-resolution images that aid pathologist to diagnose better. It helps pathologist observe slides under a microscope and digitize the images using an image analysis software. It is a dynamic image-based environment that helps in the procurement, administration, and interpretation of pathological information by using a computer. Digital pathology is also known as digital imaging, virtual slides, or virtual microscopy.
The Global Digital Pathology Market was valued at USD 4.96 billion in 2019 and is estimated to reach USD 17.28 billion by 2030, expanding at a CAGR of 11.9% during the forecast period from 2020 to 2030.
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