The whole slide imaging market size has grown rapidly in recent years. It will grow from $0.7 billion in 2023 to $0.79 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to the increasing prevalence of cancer, a growing demand for whole slide imaging, greater adoption of digital pathology, government funding and support, and economic growth.
The whole slide imaging market size is expected to see rapid growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period is expected to be driven by the rising prevalence of chronic diseases, increased adoption of cloud-based solutions, higher demand for quick results, the growing popularity of virtual/digital slides, and extensive drug research. Major trends in the forecast period include integration with artificial intelligence (AI), further adoption of digital pathology, expansion in research and development, technological innovations, and an increase in strategic partnerships.
The escalating prevalence of cancer is poised to drive the expansion of the whole slide imaging market in the foreseeable future. Cancer encompasses a broad spectrum of diseases characterized by the uncontrolled growth and spread of abnormal cells, posing significant health risks and potentially fatal consequences if left untreated. Factors contributing to the prevalence of cancer include the obesity epidemic, inherited genetic abnormalities, hepatitis B and C viruses, and human papillomavirus (HPV). Whole slide imaging (WSI) emerges as a crucial technology in cancer diagnosis and treatment, offering detailed and easily accessible digital representations of tissue samples. This advancement enhances the accuracy, efficiency, and collaboration in cancer diagnosis and treatment processes, ultimately leading to improved patient outcomes. For example, the American Society of Clinical Oncology estimates that there were approximately 20 million new cancer cases diagnosed in 2022, with projections suggesting a global increase to 35 million new cases by 2050. Hence, the rising prevalence of cancer acts as a catalyst for the growth of the whole slide imaging market.
Key players in the whole slide imaging market are actively engaged in developing innovative products, such as high-capacity slide scanners, to bolster their market presence. High-capacity slide scanners are specialized devices designed to digitize entire microscope slides at high resolution, facilitating the capture of detailed digital images of tissue specimens and cytology samples. For instance, in June 2022, F. Hoffmann-La Roche AG introduced the VENTANA DP 600 slide scanner for digital pathology. This cutting-edge slide scanner is engineered to generate high-resolution digital images of stained tissue samples, aiding in the diagnosis of diseases such as cancer and facilitating the formulation of personalized treatment plans. The scanner offers user-friendly operation and workflow flexibility, streamlining diagnostic processes in pathology laboratories.
In August 2023, Exor NV completed the acquisition of a 15% stake in Royal Philips NV for approximately €2.6 billion ($2.8 billion). Through this strategic move, Exor aims to bolster Philips' strategy and value creation potential, particularly in the healthcare technology sector. Royal Philips NV is a Netherlands-based company renowned for manufacturing medical systems and consumer electronics products, including whole slide imaging solutions.
Major companies operating in the whole slide imaging market are General Electric Company, F. Hoffmann-La Roche AG, Koninklijke Philips N.V., Olympus Corporation, Nikon Corporation, PerkinElmer Inc., Beckman Coulter Inc., Leica Biosystems GmbH, Hamamatsu Photonics KK, Huron Technologies International, Sectra AB, PathAI, Xifin Inc., OptraSCAN, Paige.AI, Indica Labs, 3DHISTECH Ltd., Visiopharm A/S, Flagship Biosciences Inc., Proscia Inc., LigoLab Information System, Aiforia Technologies plc, Inspirata Inc., Histowiz, Mikroscan Technologies Inc., Corista LLC, Glencoe Software Inc., Definiens AG.
North America was the largest region in the whole slide imaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the whole slide imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the whole slide imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Whole slide imaging (WSI) is a technology that involves scanning traditional glass slides containing high-resolution tissue samples to create digital images. This process enables pathologists to conduct diagnostic work using a computer instead of a microscope, offering improved efficiency, easier case sharing and collaboration, and enhanced image analysis capabilities through digital tools.
The whole slide primarily consists of hardware, software, and services. Hardware works in conjunction with software, which includes the programs and operating systems that run on the computer, enabling it to perform a variety of functions. WSI is applied in various fields, including telepathology, cytopathology, immunohistochemistry, and hematopathology. It serves diverse end-users such as academic institutions, research organizations, and other related entities.
The whole slide imaging market research report is one of a series of new reports that provides whole slide imaging market statistics, including whole slide imaging industry global market size, regional shares, competitors with a whole slide imaging market share, detailed whole slide imaging market segments, market trends, and opportunities, and any further data you may need to thrive in the whole slide imaging industry. This whole slide imaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The whole slide imaging market consist of revenues earned by entities by providing services such as slide scanning services, digital archiving and storage, image analysis and quantification, and custom application development. The market value includes the value of related goods sold by the service provider or included within the service offering. The whole slide imaging market also includes sales of image analysis tools, integrated digital pathology systems, WSI viewing platforms, telepathology systems, and WSI scanners. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The whole slide imaging market size is expected to see rapid growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period is expected to be driven by the rising prevalence of chronic diseases, increased adoption of cloud-based solutions, higher demand for quick results, the growing popularity of virtual/digital slides, and extensive drug research. Major trends in the forecast period include integration with artificial intelligence (AI), further adoption of digital pathology, expansion in research and development, technological innovations, and an increase in strategic partnerships.
The escalating prevalence of cancer is poised to drive the expansion of the whole slide imaging market in the foreseeable future. Cancer encompasses a broad spectrum of diseases characterized by the uncontrolled growth and spread of abnormal cells, posing significant health risks and potentially fatal consequences if left untreated. Factors contributing to the prevalence of cancer include the obesity epidemic, inherited genetic abnormalities, hepatitis B and C viruses, and human papillomavirus (HPV). Whole slide imaging (WSI) emerges as a crucial technology in cancer diagnosis and treatment, offering detailed and easily accessible digital representations of tissue samples. This advancement enhances the accuracy, efficiency, and collaboration in cancer diagnosis and treatment processes, ultimately leading to improved patient outcomes. For example, the American Society of Clinical Oncology estimates that there were approximately 20 million new cancer cases diagnosed in 2022, with projections suggesting a global increase to 35 million new cases by 2050. Hence, the rising prevalence of cancer acts as a catalyst for the growth of the whole slide imaging market.
Key players in the whole slide imaging market are actively engaged in developing innovative products, such as high-capacity slide scanners, to bolster their market presence. High-capacity slide scanners are specialized devices designed to digitize entire microscope slides at high resolution, facilitating the capture of detailed digital images of tissue specimens and cytology samples. For instance, in June 2022, F. Hoffmann-La Roche AG introduced the VENTANA DP 600 slide scanner for digital pathology. This cutting-edge slide scanner is engineered to generate high-resolution digital images of stained tissue samples, aiding in the diagnosis of diseases such as cancer and facilitating the formulation of personalized treatment plans. The scanner offers user-friendly operation and workflow flexibility, streamlining diagnostic processes in pathology laboratories.
In August 2023, Exor NV completed the acquisition of a 15% stake in Royal Philips NV for approximately €2.6 billion ($2.8 billion). Through this strategic move, Exor aims to bolster Philips' strategy and value creation potential, particularly in the healthcare technology sector. Royal Philips NV is a Netherlands-based company renowned for manufacturing medical systems and consumer electronics products, including whole slide imaging solutions.
Major companies operating in the whole slide imaging market are General Electric Company, F. Hoffmann-La Roche AG, Koninklijke Philips N.V., Olympus Corporation, Nikon Corporation, PerkinElmer Inc., Beckman Coulter Inc., Leica Biosystems GmbH, Hamamatsu Photonics KK, Huron Technologies International, Sectra AB, PathAI, Xifin Inc., OptraSCAN, Paige.AI, Indica Labs, 3DHISTECH Ltd., Visiopharm A/S, Flagship Biosciences Inc., Proscia Inc., LigoLab Information System, Aiforia Technologies plc, Inspirata Inc., Histowiz, Mikroscan Technologies Inc., Corista LLC, Glencoe Software Inc., Definiens AG.
North America was the largest region in the whole slide imaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the whole slide imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the whole slide imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Whole slide imaging (WSI) is a technology that involves scanning traditional glass slides containing high-resolution tissue samples to create digital images. This process enables pathologists to conduct diagnostic work using a computer instead of a microscope, offering improved efficiency, easier case sharing and collaboration, and enhanced image analysis capabilities through digital tools.
The whole slide primarily consists of hardware, software, and services. Hardware works in conjunction with software, which includes the programs and operating systems that run on the computer, enabling it to perform a variety of functions. WSI is applied in various fields, including telepathology, cytopathology, immunohistochemistry, and hematopathology. It serves diverse end-users such as academic institutions, research organizations, and other related entities.
The whole slide imaging market research report is one of a series of new reports that provides whole slide imaging market statistics, including whole slide imaging industry global market size, regional shares, competitors with a whole slide imaging market share, detailed whole slide imaging market segments, market trends, and opportunities, and any further data you may need to thrive in the whole slide imaging industry. This whole slide imaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The whole slide imaging market consist of revenues earned by entities by providing services such as slide scanning services, digital archiving and storage, image analysis and quantification, and custom application development. The market value includes the value of related goods sold by the service provider or included within the service offering. The whole slide imaging market also includes sales of image analysis tools, integrated digital pathology systems, WSI viewing platforms, telepathology systems, and WSI scanners. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Whole Slide Imaging Market Characteristics3. Whole Slide Imaging Market Trends and Strategies32. Global Whole Slide Imaging Market Competitive Benchmarking33. Global Whole Slide Imaging Market Competitive Dashboard34. Key Mergers and Acquisitions in the Whole Slide Imaging Market
4. Whole Slide Imaging Market - Macro Economic Scenario
5. Global Whole Slide Imaging Market Size and Growth
6. Whole Slide Imaging Market Segmentation
7. Whole Slide Imaging Market Regional and Country Analysis
8. Asia-Pacific Whole Slide Imaging Market
9. China Whole Slide Imaging Market
10. India Whole Slide Imaging Market
11. Japan Whole Slide Imaging Market
12. Australia Whole Slide Imaging Market
13. Indonesia Whole Slide Imaging Market
14. South Korea Whole Slide Imaging Market
15. Western Europe Whole Slide Imaging Market
16. UK Whole Slide Imaging Market
17. Germany Whole Slide Imaging Market
18. France Whole Slide Imaging Market
19. Italy Whole Slide Imaging Market
20. Spain Whole Slide Imaging Market
21. Eastern Europe Whole Slide Imaging Market
22. Russia Whole Slide Imaging Market
23. North America Whole Slide Imaging Market
24. USA Whole Slide Imaging Market
25. Canada Whole Slide Imaging Market
26. South America Whole Slide Imaging Market
27. Brazil Whole Slide Imaging Market
28. Middle East Whole Slide Imaging Market
29. Africa Whole Slide Imaging Market
30. Whole Slide Imaging Market Competitive Landscape and Company Profiles
31. Whole Slide Imaging Market Other Major and Innovative Companies
35. Whole Slide Imaging Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Whole Slide Imaging Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on whole slide imaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for whole slide imaging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The whole slide imaging market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Hardware; Software; Services2) By Application: Telepathology; Cytopathology; Immunohistochemistry; Hematopathology
3) By End User: Academic Institute; Research; Other End User
Key Companies Mentioned: General Electric Company; F. Hoffmann-La Roche AG; Koninklijke Philips N.V.; Olympus Corporation; Nikon Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- General Electric Company
- F. Hoffmann-La Roche AG
- Koninklijke Philips N.V.
- Olympus Corporation
- Nikon Corporation
- PerkinElmer Inc.
- Beckman Coulter Inc.
- Leica Biosystems GmbH
- Hamamatsu Photonics KK
- Huron Technologies International
- Sectra AB
- PathAI
- Xifin Inc.
- OptraSCAN
- Paige.AI
- Indica Labs
- 3DHISTECH Ltd.
- Visiopharm A/S
- Flagship Biosciences Inc.
- Proscia Inc.
- LigoLab Information System
- Aiforia Technologies plc
- Inspirata Inc.
- Histowiz
- Mikroscan Technologies Inc.
- Corista LLC
- Glencoe Software Inc.
- Definiens AG
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 0.79 Billion |
Forecasted Market Value ( USD | $ 1.25 Billion |
Compound Annual Growth Rate | 12.3% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |