Asia Pacific Digital Pathology Market Research Report - Segmented By Type, Product, Application, End User and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 255
Pages: 140

APAC Digital Pathology Market Size (2024 to 2029)

The digital pathology market size in the Asia Pacific region is forecasted to grow USD 139.18 million by 2029 from USD 82.11 million in 2024, growing at a CAGR of 11.13% from 2024 to 2029.

Artificial intelligence in digital pathology can transform the patient experience with equipment and apps that provide access to electronic health records, radiology images, and other information, allowing patients to actively participate in the treatment process, which is expected to boost the APAC digital pathology market during the forecast period. In addition, unhealthy diet, cigarette smoking, binge drinking, and inadequate physical activity are among the primary noncommunicable illnesses caused by modifiable behavioral risk factors; demographic factors such as urbanization, population aging, and the need for higher-quality healthcare are further estimated to contribute to the market's growth.

Lockdowns and social distance restrictions have been implemented as a result of the COVID-19 pandemic. Such limits have boosted demand for digital pathology systems, which allow pathologists to see diagnostic results remotely for primary diagnosis. In addition, the desire for quicker diagnostic tools for chronic diseases like cancer and an increased focus on increasing workflow efficiency have been significant drivers to the APAC digital pathology market.

Countries' authority allows medical device firms to pursue various marketing strategies and provides several options for product segmentation. As a result, the digital pathology market in Asia-Pacific is projected to expand in the near future. Computer-aided diagnosis, which combines image processing, physics, mathematics, and computing algorithms, aids in disease identification and evaluation of anatomic structures of interest and disease progression quantification and risk assessment. In the near future, these advantages are expected to fuel demand for digital pathology systems. In addition, the growing incidence of chronic diseases is expected to increase clinical urgency to adopt digital pathology to improve existing inadequate patient diagnostic imaging measures and lower high costs associated with traditional diagnostic imaging.

The high costs associated with these systems are likely to restrict their adoption. In addition, lack of trained personnel, limited adoption due to the availability of traditional pathology, technophobic pathologists' mentalities, image storage concerns due to extensive data, reimbursement issues, and a limited clinical test menu are expected to challenge digital pathology's adoption in this region.

This research report on the APAC digital pathology market has been segmented and sub-segmented into the following categories

By Type: 

  • Human Digital Pathology
  • Animal Digital Pathology

By Product: 

  • Scanners
  • Software
  • Communication Systems
  • Storage Systems

By Application: 

  • Teleconsultation
  • Diseases Diagnosis
  • Drug Discovery
  • Training
  • Education

By End User: 

  • Pharmaceutical Companies
  • Hospitals
  • Academic Institutions

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the digital pathology market in the APAC region is expected to register the most substantial share in the global market during the forecast period. Due to rising healthcare expenditure, the need for efficient and cost-effective equipment, and growth in healthcare infrastructure, the Asia-Pacific region is anticipated to grow rapidly in the digital pathology market. As the region's population grows, so will the demand for healthcare systems, which will benefit Asia-Pacific digital pathology. The unfilled need of healthcare systems will provide an opportunity to implement digital healthcare applications and electronic health records (EHR). Furthermore, the APAC eHealth market is evolving due to the growing trend of telehealth and mobile health. Because of the rising prevalence of cancer, which affects a vast population, the Asia Pacific healthcare industry has significantly impacted the market. Additionally, an increasing desire for innovative treatment alternatives, improved patient care facilities, and lower laboratory costs are likely to fuel demand.

The Indian digital pathology market is predicted to be growing at a CAGR of 13.4% from 2024 to 2029 and has significant potential. India has a massive patient pool suffering chronic diseases, one of the primary drivers promoting the Indian market.

The digital pathology market in China is forecasted to register a CAGR of 10.12% during the forecast period. Ningbo Konfoong Bioinformation Tech Co., Ltd. is one of the local players in the China market and accounting for a significant share in the Chinese market.

The Japanese digital pathology market is one of the fastest-growing regional markets in Asia-Pacific and is estimated to showcase a CAGR of 9.8% from 2024 to 2029.

Although digital pathology is still in its nascent stage in Indonesia, it is projected to develop rapidly. It offers an enormous opportunity as clinical laboratories undergo significant transformations in their use of high-tech and automation. Furthermore, hospitals and clinical laboratories are motivated to adopt digital pathology systems to provide a seamless treatment pathway and exhibit high throughput capacity and efficiency.

KEY MARKET PLAYERS

Companies such as Perkin Elmer, Inc., Definiens AG, Sectra AB, Koninklijke Philips N.V, GE Healthcare, Inspirata Co., Ventana Medical Systems, Inc., Leica Biosystems, 3D-Histech Ltd, Hamamatsu Photonics K.K., Digipath Co., ZEISS, Olympus Corporation, Yokogawa Electronics Corporation and Quorum Technologies Inc. are playing a promising role in the APAC Digital Pathology Market.

Key market players are entering into partnerships, mergers, and acquisitions, and well-planned distribution strategies to capitalize on the overall opportunities present in untapped markets.

Please wait. . . . Your request is being processed

Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

Read More

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample