Asia Pacific Digital Pathology Market Size & Outlook
Asia Pacific digital pathology market, 2018-2030 (US$M)
Related Markets
Asia Pacific digital pathology market highlights
- The Asia Pacific digital pathology market generated a revenue of USD 217.7 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, device was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 217.7 million |
| Market revenue in 2030 | USD 395.3 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Device |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Device, Storage Systems |
| Key market players worldwide | Danaher Corp, Hamamatsu Photonics KK, Koninklijke Philips NV, Olympus Corp, Roche Holding AG ADR, McCormick & Co Inc Registered Shs Non Vtg, Inspire Medical Systems Inc, PHC Holdings Corp, Huron Consulting Group Inc, CellaVision AB Bearer Shs, IBEX Ltd, Morphic Holding Inc, Nuvation Bio Inc Ordinary Shares - Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.1% of the global digital pathology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 395.3 million by 2030.
Device was the largest segment with a revenue share of 52.18% in 2023. Horizon Databook has segmented the Asia Pacific digital pathology market based on software, device, storage systems covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia pacific market is anticipated to register highest growth in the digital pathology market owing to factors such as growing awareness of digital pathology and its benefits, rise in personal disposable income, collaborative efforts by health department, and market players encouraging the use of digital pathology to improve the quality of cancer diagnosis in this region.
Asia Pacific region holds the highest mortality rate, followed by North America. According to the American Cancer Society, Inc., in 2018, it was estimated that around 8 million new cases of cancer and around 5 million deaths occurred due to cancer in Southern, Eastern, and South Eastern Asia.
Regionally, Asia Pacific has highly influenced the digital pathology market due to high incidences of cancer affecting a large population base. Also, increasing demand for novel treatment options, better patient care facilities and reduction in laboratory expenses are further expected to drive the market growth over the coming seven years.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Digital Pathology Market Scope
Digital Pathology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific digital pathology market size, by country, 2018-2030 (US$M)
Asia Pacific Digital Pathology Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
