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Whole Slide Imaging Market Trends

Report ID: GMI3987
Published Date: Jul 2023
Report Format: PDF

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Whole Slide Imaging Market Trends

The whole slide imaging industry is projected to show significant growth over the upcoming years due to the increasing drug discovery as pharmaceutical companies and research institutions recognize the value and potential of digital pathology. The adoption of whole slide imaging technology, along with advancements in artificial intelligence (AI) and image analysis, is likely to accelerate the drug discovery process, improve efficiency, and facilitate the development of new therapies. For instance, whole slide imaging enables the scanning and digitization of large numbers of tissue samples, allowing researchers to rapidly screen and analyse specimens. This capability is particularly valuable in drug discovery in which the screening of numerous potential drug candidates against tissue samples is essential.

Additionally, increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, diabetes, and neurological disorders, often require detailed examination of tissue samples to make accurate diagnosis and determine appropriate treatment options. Pathologists use microscopy techniques to analyse these samples, and whole slide imaging offers an advanced digital alternative to traditional microscopy.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Market size for whole slide imaging was over USD 602.7 million in 2022 and is projected to surpass USD 2.9 billion by 2032 due to the continuous advancements in imaging technology, such as high-resolution scanning, image analysis algorithms, and AI in medical imaging.

Whole slide imaging share from the cancer application segment is poised to record 17.3% CAGR from 2023-2032 driven by the rising investments from healthcare organizations, technology companies, and investors. ?

Whole slide imaging industry size from the diagnostic centers end-use segment will reached USD 329.5 million in 2022 driven by the surging need for improving diagnostic accuracy, efficiency, and patient care.

Whole slide imaging market size in the U.S. is anticipated to reach USD 1.1 billion by the end of 2032 due to the increasing volume of funding provided by the government to support healthcare in the country.