According to FutureWise analysis the market for digital telepathology in 2023 is US$ 0.77 billion, and is expected to reach US$ 1.64 billion by 2031 at a CAGR of 9.90%.
Pathology is the study of diseases and one of the major areas of medicine and diagnosis. The focus of the discipline is on the causes, origins, and study of different diseases. It involves the examination of bodily fluids, tissues, and organs. There are currently eight main areas of study. A new field has emerged with the advent of information technology and the digital age - the digital telepathology market. Using telecommunications technology, it is pathology. Digital telepathology is typically performed at a distance as opposed to general pathology, which is conducted at close range. Pathology image-rich data is transmitted over great distances for the purpose of diagnosis, education or even research. The term was coined by Dr Ronald S. Weinstein in 1986, and he also discussed the potential of this in a journal article at the time. He has rightfully been dubbed the "father of telepathology".
FutureWise Market Research has instantiated a report that provides an intricate analysis of Digital Telepathology Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Digital Telepathology Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.