Germany Digital Pathology Market Size & Outlook, 2023-2030
Germany digital pathology market, 2018-2030 (US$M)
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Germany digital pathology market highlights
- The Germany digital pathology market generated a revenue of USD 70.7 million in 2023 and is expected to reach USD 109.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.4% 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.
Digital pathology market data book summary
| Market revenue in 2023 | USD 70.7 million |
| Market revenue in 2030 | USD 109.3 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Device |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 6.8% of the global digital pathology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany digital pathology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 85.9 million by 2030.
Device was the largest segment with a revenue share of 48.37% in 2023. Horizon Databook has segmented the Germany digital pathology market based on software, device, storage systems covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for the largest share of the Europe digital pathology market in 2020. The dominant share captured by this country is a result of consistent efforts by public and private organizations to promote awareness with respect to digital pathology in Germany.
For instance, the Digital Pathology Commission of the Federal Association of German Pathologists developed guidelines for digital diagnostics, virtual microscopy that are recommended to be implemented in routine pathology procedures. Presence of funding opportunities to develop and expand product portfolio and market advanced products is responsible for high growth potential present across this region.
For instance, in July 2016, micro Dimensions GmbH received funding from an association of five investors, to develop image software solutions to expedite and automate workflows in all phases of drug development clinical studies and diagnosis. In August 2017, the company launched the new cloud-based image sharing and collaboration platform for digital pathology.
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Digital Pathology Market Scope
Digital Pathology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany digital pathology market size, by product, 2018-2030 (US$M)
Germany Digital Pathology Market Outlook Share, 2023 & 2030 (US$M)
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