In a recent published report, Whole Slide Imaging Market report for till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Whole Slide Imaging Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Whole Slide Imaging is the digital slide is produced by acquiring a digital image of an entire glass and is used to convert glass slides into digital slides so that they can be shared, analyzed, managed on a computer from a remote location. This has resulted in most promising avenues in digital pathology and even cheaper, better and faster prediction of important diseases.
Whole slides can be used to analyze specimens on a computer workstation instead of the microscope. An image can be analyzed by using Stereo Investigator or Neurolucida. WSI can be used to render primary diagnosis from eosin stained tissues and scanned hematoxylin from slides. This process is also used to review routine slides from remote location or frozen sections for consultation or interpretation.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
This market is mainly driven by the increasing popularity of virtual slides in place of physical slides due to growing research on drugs and technological advances made in whole slide imaging. Automation in pathology is the major driving force of this market, along with areduction in the cost of diagnosis and fast, accurate pathology tests result. But the market may be restrained due to thehigh cost incurred by maintenance contracts, scanners,and IT support. Also pending regulatory approvals and reimbursement issues pose a problem.
The whole slide imaging market can be segmented in terms of product and applications/end users. On the basis of product segment, it can be segmented into
On the basis of end users, it can be segmented into
The global whole slides market can be segmented into 5 regions- North America, Europe, Asia Pacific, Latin America and MEA. Among these, North American market accounts for the largest revenue generation. But the Asia-Pacific market is growing at an increasing rate and along with MEA, it comprises about 20% of the global market share.
Some key players include Definiens AG, Siemens, Leica Microsystems, Mikroscan Technologies, Omnyx LLC, Digipath Inc., Philips Healthcare, CardiArc Ltd, Gamma Medica Inc.etc.
Report Contents Regional Analysis Report Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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