The study involved five major activities to estimate the current size of the digital pathology market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
The market for the companies offering digital pathology solutions is arrived at by secondary data available through paid and unpaid sources, analyzing the product portfolios of the major companies in the ecosystem, and rating the companies by their performance and quality. Various sources were referred to in the secondary research process to identify and collect information for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, journals, certified publications, and articles from recognized authors, directories, and databases.
In the secondary research process, various secondary sources were referred to for identifying and collecting information related to the study. Secondary sources included annual reports, press releases, and investor presentations of digital pathology vendors, forums, certified publications, and white papers. The secondary research was used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after acquiring basic knowledge about the global Digital Pathology market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand side (Hospital Directors, Hospital Vice Presidents, Department heads, and Critical care specialists ) and supply side (such as C-level and D-level executives, technology experts, product managers, marketing and sales managers, among others) across five major regions—North America, Europe, the Asia Pacific, Latin America, Middle East, and Africa. This primary data was collected through questionnaires, e-mails, online surveys, personal interviews, and telephonic interviews.
The following is a breakdown of the primary respondents:
Note 1: Other designations include sales managers, marketing managers, and product managers.
Note 2: Tiers of companies are defined on the basis of their total revenues in 2023. Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = < USD 500 million.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Digital Pathology market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry and markets have been identified through extensive secondary research.
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The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, using the market size estimation processes, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides in the Digital Pathology Market.
Market Definition
Digital pathology refers to the use of digital technology to capture, manage, share, and analyze pathology information, typically in the form of high-resolution digital images derived from glass slides. This technology allows pathologists to view, interpret, and manage pathology data more efficiently and accurately.
Stakeholders
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Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, and Outpatient Clinics)
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Digital Pathology Organizations
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Senior Management
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Finance/Procurement Department
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R&D Department
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Healthcare Data Aggregators
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Venture Capitalists
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Government Agencies
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Healthcare Startups, Consultants, and Regulators
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Academic Medical Institutes
Report Objectives
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To define, describe, and forecast the global digital pathology market based on product, type, application, end user, and region
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To provide detailed information regarding the major factors (such as drivers, restraints, opportunities, and challenges) influencing the market growth
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To strategically analyze micro-markets concerning individual growth trends, prospects, and contributions to the overall digital pathology market
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To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
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To strategically analyze the market structure, profile the key players of the digital pathology market, and comprehensively analyze their core competencies
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To forecast the size of the market segments for five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
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To track and analyze competitive developments such as product launches & enhancements, investments, partnerships, collaborations, acquisitions, expansions, agreements, sales contracts, and alliances in the digital pathology market during the forecast period
Jamie
Jul, 2022
Keen to Know about Digital Pathology Market Size, Share and Trend Analysis Report by Product (ArtificiaI Intelligence, Scanner, Software, Storage), Type (Human, Veterinary), Application (Teleconsultation, Training, Disease Diagnosis, Drug Discovery), and Pharma, Diagnostic Labs, Hospitals as well as Academia, Hospitals - Global Forecast to 2031.
Jason
Mar, 2022
Looking to gain more insights on the global Industrial Digital Pathology Market.
Jeffrey
Mar, 2022
What are the growth opportunities in Digital Pathology Market?.
Jeffrey
Mar, 2022
What are the growth opportunities in Digital Pathology Market?.
Ryan
Mar, 2022
Can you enlighten us on geographical growth analysis in Digital Pathology Market?.