The global whole slide imaging market was valued at US$ 721.55 Mn in 2021 and is forecast to reach a value of US$ 1,627.68 MN by 2028 at a CAGR of 12.4% between 2022 and 2028. The global whole slide imaging market is experiencing strong growth due to the increase in disease burden, such as increase in prevalence of cancer, and increasing adoption of digital pathology to enhance lab efficiency. Furthermore, technological advancements in whole slide imaging is expected to boost the growth of the market. However, factors such as high cost of whole slide imaging systems and stringent regulatory approvals are some major factors expected to hamper growth of the global whole slide imaging market.
Global Whole Slide Imaging Market Trends:
Artificial intelligence (AI) has been reshaping the course of medical imaging and pathology in recent years. Digitized slides/images can augment the diagnostic workflow. AI makes it easier to utilize digitized slides or images for diagnostics and workflow applications. Thus, pathology labs worldwide are increasingly adopting technologically advanced whole slide imaging tools, and this trend is expected to continue over the forecast period, driving the growth of the global whole slide imaging market.
The global whole slide imaging market is also expected to witness robust growth over the forecast period owing to the increasing integration of medical services and digital pathology platforms leading to increasing popularity and acceptance of digital consultation. Whole slide imaging is also gaining importance, as many pharma/biotech companies are using immunohistochemistry in early research and late-stage drug development, and this trend is expected to continue over the forecast period.
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