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Global Whole Slide Imaging Market to reach USD xxx billion by the end of 2030.

Global Whole Slide Imaging Market Size study & Forecast, by Products (Scanners, Image management system, Software Service, Viewers) by Application (Telepathology, Cytopathology, Immunohistochemistry, Hematopathology Cancer, Cardiology) by End User (Biotechnology and Pharmaceutical Companies, Academic and Research Institutes Hospitals and Clinics) and Regional Analysis, 2023-2030

Product Code: HLSB-61654979
Publish Date: 4-08-2023
Page: 200

Global Whole Slide Imaging Market is valued approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Whole slide imaging (WSI), also known as virtual microscopy, is an advanced digital imaging technique used by pathologists. It involves capturing high-resolution digital images of entire tissue sections from glass slides and transforming them into a digital format. The whole slide imaging market is driven by several factors, including the increasing use of imaging technology in drug discovery, advancements in digital imaging, the preference for virtual slides over physical ones, and the rising prevalence of cancer worldwide. The demand for whole slide imaging systems is also driven by the need for quick, clear, and high-resolution digital images in pathology, ensuring patient safety and diagnostic accuracy. The growing prevalence of chronic diseases, especially cancer, further contributes to the adoption of these systems in disease diagnostics.

Immunohistochemistry (IHC) is a widely used technique in pathology to detect antigens in tissue samples. It allows for the observation of protein expression and is utilized in biotech companies for research and drug development. According to the Clinicaltrials.gov in April 7 2022, reported 410,319 registered studies, consisting of 169,924 medication or biologic studies, and 61,961 recruiting studies. These studies span across all 50 states and 220 countries, indicating a global demand for clinical research. Additionally, technological developments in the field of whole slide imaging technology and growing popularity of virtual/digital slides offer lucrative growth opportunities for players in the whole slide imaging market. However, the high cost of Whole Slide Imaging stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Whole Slide Imaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to rising investment from key players and growing US government funding for healthcare are driving the demand for whole slide imaging, particularly in the United States. For instance, the Congressional Budget Office, 2021, published Federal funding for the National Institute of Health (NIH) has exceeded USD 700 billion, and the FDA granted six funding grants in 2020 for clinical trials and pharmaceutical development. Asia Pacific is expected to fastest growing significantly during the forecast period, owing to rise in drug discovery research and increased awareness of the benefits of whole slide imaging have led to an increase in government initiatives to adopt advanced technologies and invest in research and development experiments.
Major market player included in this report are:
Indica Laboratories
Definiens AG
Olympus Corporation
Leica Microsystems GmbH
Nikon Corporation
Inspirata India Private Limited
Mikroscan Technologies
3DHISTECH Kft.
Hamamatsu Photonics K. K
Philips Healthcare
Recent Developments in the Market:
Ø In March 2022, Leica Microsystems introduced Mica, the world’s first Microhub, which revolutionizes microscopy by offering a fully integrated imaging solution. With automation tools, machine learning software, and advanced fluorescence unmixing techniques, Mica simplifies the imaging workflow and makes microscopy accessible to researchers of all levels of experience.
Global Whole Slide Imaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Products, Application, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Scanners
Image management system
Software Service
Viewers
By Application:
Telepathology
Cytopathology
Immunohistochemistry
Hematopathology Cancer
Cardiology
By End User:
Biotechnology and Pharmaceutical Companies
Academic and Research Institutes
Hospitals and Clinics
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Whole Slide Imaging Market, by region, 2020-2030 (USD Billion)
1.2.2. Whole Slide Imaging Market, by Products, 2020-2030 (USD Billion)
1.2.3. Whole Slide Imaging Market, by Applications, 2020-2030 (USD Billion)
1.2.4. Whole Slide Imaging Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Whole Slide Imaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Whole Slide Imaging Market Dynamics
3.1. Whole Slide Imaging Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing use of imaging technology in drug discovery
3.1.1.2. Growing prevalence of cancer
3.1.2. Market Challenges
3.1.2.1. High Cost of Whole Slide Imaging
3.1.2.2. Stringent regulatory approvals
3.1.3. Market Opportunities
3.1.3.1. Technological developments in the field of whole slide imaging technology
3.1.3.2. Growing popularity of virtual/digital slides
Chapter 4. Global Whole Slide Imaging Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Whole Slide Imaging Market, by Products
5.1. Market Snapshot
5.2. Global Whole Slide Imaging Market by Products, Performance – Potential Analysis
5.3. Global Whole Slide Imaging Market Estimates & Forecasts by Products 2020-2030 (USD Billion)
5.4. Whole Slide Imaging Market, Sub Segment Analysis
5.4.1. Scanners
5.4.2. Image management system
5.4.3. Software Service
5.4.4. Viewers
Chapter 6. Global Whole Slide Imaging Market, by Applications
6.1. Market Snapshot
6.2. Global Whole Slide Imaging Market by Applications, Performance – Potential Analysis
6.3. Global Whole Slide Imaging Market Estimates & Forecasts by Applications 2020-2030 (USD Billion)
6.4. Whole Slide Imaging Market, Sub Segment Analysis
6.4.1. Telepathology
6.4.2. Cytopathology
6.4.3. Immunohistochemistry
6.4.4. Hematopathology Cancer
6.4.5. Cardiology
Chapter 7. Global Whole Slide Imaging Market, by End User
7.1. Market Snapshot
7.2. Global Whole Slide Imaging Market by End User, Performance – Potential Analysis
7.3. Global Whole Slide Imaging Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Whole Slide Imaging Market, Sub Segment Analysis
7.4.1. Biotechnology and Pharmaceutical Companies
7.4.2. Academic and Research Institutes
7.4.3. Hospitals and Clinics
Chapter 8. Global Whole Slide Imaging Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Whole Slide Imaging Market, Regional Market Snapshot
8.4. North America Whole Slide Imaging Market
8.4.1. U.S. Whole Slide Imaging Market
8.4.1.1. Products breakdown estimates & forecasts, 2020-2030
8.4.1.2. Applications breakdown estimates & forecasts, 2020-2030
8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Whole Slide Imaging Market
8.5. Europe Whole Slide Imaging Market Snapshot
8.5.1. U.K. Whole Slide Imaging Market
8.5.2. Germany Whole Slide Imaging Market
8.5.3. France Whole Slide Imaging Market
8.5.4. Spain Whole Slide Imaging Market
8.5.5. Italy Whole Slide Imaging Market
8.5.6. Rest of Europe Whole Slide Imaging Market
8.6. Asia-Pacific Whole Slide Imaging Market Snapshot
8.6.1. China Whole Slide Imaging Market
8.6.2. India Whole Slide Imaging Market
8.6.3. Japan Whole Slide Imaging Market
8.6.4. Australia Whole Slide Imaging Market
8.6.5. South Korea Whole Slide Imaging Market
8.6.6. Rest of Asia Pacific Whole Slide Imaging Market
8.7. Latin America Whole Slide Imaging Market Snapshot
8.7.1. Brazil Whole Slide Imaging Market
8.7.2. Mexico Whole Slide Imaging Market
8.8. Middle East & Africa Whole Slide Imaging Market
8.8.1. Saudi Arabia Whole Slide Imaging Market
8.8.2. South Africa Whole Slide Imaging Market
8.8.3. Rest of Middle East & Africa Whole Slide Imaging Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Indica Laboratories
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Definiens AG
9.3.3. Olympus Corporation
9.3.4. Leica Microsystems GmbH
9.3.5. Nikon Corporation
9.3.6. Inspirata India Private Limited
9.3.7. Mikroscan Technologies
9.3.8. 3DHISTECH Kft.
9.3.9. Hamamatsu Photonics K. K
9.3.10. Philips Healthcare
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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