10-Jan-2020 | Facts and Factors
Facts and Factors Market Research has published a new report titled “Telepathology Service Market By System (Hybrid, Static and Dynamic), By Implementation (Research, Education, Diagnosis and Other), and By End User (Diagnostic Centres and Pathology Clinics, Hospitals, Academic Institutes, Research Organisations, Pharmaceutical, and Biotechnology Firms): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022 – 2028”. According to the report, the global Telepathology service market was valued at approximately USD 645.37 million in 2021 and is expected to reach a value of around USD 1,788 million by 2028, at a CAGR of around 12.15% between 2022 and 2028
Telepathology is the practice of pathology from a distant location. It makes use of telecommunications techniques facilitating the transfer of image-rich pathology information between distant sites for diagnosis, research, and educational purpose. In order to perform Telepathology, the pathologist is required to select video images that are to be examined and then render a diagnosis.
Escalating occurrence of chronic ailments to boosting the market trends
A rise in the acceptance of Telepathology in case of medical emergency along with the need for enhancing the patient diagnostic imaging procedures will scale up the market growth. Apart from this, the need for reducing high costs related to conventional diagnostics is projected to further fuel the growth of the Telepathology service market during the forecast timeline. With old people becoming prone to suffer from chronic ailments such as heart disorders, it has become necessary to use technologically innovative diagnostic & imaging procedures in order to provide them with effective medical treatment. This has culminated in more demand for Telepathology services across the globe.
Moreover, technological breakthroughs and the addition of new features to Telepathology systems are likely to leverage the growth of the Telepathology service market during the forecast timespan. Nonetheless, the high costs of new technology can put brakes on the growth of the industry over the forecast timeframe.
Dynamic system segment to dominate the overall market share during the forecast timeline
The dynamic system segment contributed nearly 59.4% of the overall market share in 2019. It is also projected to record the highest CAGR of approximately 12.5% during the period from 2022 to 2028. In dynamic systems, microscopic slide image transfer is made in real-time and this proves beneficial for the pathologist based at a distant location to accurately view the complete slide with different enlargements at his disposal.
Hospitals to lead the end-user segment over the forecast period
The hospital's segment is predicted to accrue nearly USD 1060 million by the end of the forecast timeline. The growth of the segment can be credited to the rise in the utilization of Telepathology services in the monitoring of various diseases of patients in hospitals. These services also guide the physicians to go for the third opinion from other medical experts before performing surgeries on patients.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 645.37 Million |
Projected Market Size in 2028 |
USD 1,788 Million |
CAGR Growth Rate |
12.15% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Leica Biosystems Nussloch GmbH, Canada Health Infoway, GE Healthcare, AMD Global Telemedicine, Inc., TeleConsult Europe (TCE), SRL Diagnostics, Universal Service Administrative Company, Telemedicine Clinic, Apollo Telehealth, and University Health Network., among others |
Key Segment |
By System, By Implementation, By End-User, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
North America to contribute majorly towards the overall market in terms of value
The growth of the Telepathology service market in North America can be attributed to escalated awareness about the advancement in online technologies across the healthcare & medical sector. Apart from this, the presence of a strong healthcare infrastructure facility and easy availability of high-speed internet will contribute tremendously towards the regional market growth. The U.S. is projected to be a key regional revenue driver of the North American market during the forecast timespan.
Key players in the Telepathology service industry include Leica Biosystems Nussloch GmbH, Canada Health Infoway, GE Healthcare, AMD Global Telemedicine, Inc., TeleConsult Europe (TCE), SRL Diagnostics, Universal Service Administrative Company, Telemedicine Clinic, Apollo Telehealth, and University Health Network..
Browse the full “Telepathology Service Market By System (Hybrid, Static and Dynamic), By Implementation (Research, Education, Diagnosis and Other), and By End User (Diagnostic Centres and Pathology Clinics, Hospitals, Academic Institutes, Research Organisations, Pharmaceutical, and Biotechnology Firms): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022 – 2028” Report at https://www.fnfresearch.com/telepathology-service-market
This report segments the telepathology service market as follows:
Global Telepathology Service Market: System Segment Analysis
Global Telepathology Service Market: Implementation Segment Analysis
- Research
- Education
- Diagnosis
- Other
Global Telepathology Service Market: End-user Segment Analysis
- Diagnostic centres
- Pathology clinics
- Hospitals
- Academic institutes
- Research Organisations
- Pharmaceutical firms
- Biotechnology firms
Global Telepathology Service Market: Regional Segment Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com
