MEA Digital Pathology Market
Middle East and Africa Digital Pathology Market Size Set to Expand at Significant CAGR of 5.71% to Reach USD 298.2 Million by 2030
Published | 03 May 2024
Middle East and Africa Digital Pathology Market is flourishing because of the growing burden of chronic diseases and rising demand for remote diagnostics.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East and Africa Digital Pathology Market size at USD 102.65 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Middle East and Africa Digital Pathology Market size to expand at a CAGR of 5.71% reaching a value of USD 298.19 million by 2030. Growing incidences of chronic diseases like cancer and a demand for faster and more efficient diagnostic tools in the healthcare industry are two major growth drivers for the Middle East and Africa Digital Pathology Market. The market is also expected to grow at a significant rate owing to the increasing acceptance and integration of cutting-edge technology and healthcare IT systems.
Opportunity: Increasing investments in biopharma sector
Based on application, the Middle East and Africa Digital Pathology Market is segmented into drug discovery, disease diagnosis, and training & education. The drug discovery segment accounts for the highest market share. The increasing R&D investments in the pharmaceutical and biotechnology industries, along with the rising number of clinical studies in Middle East and African countries, is boosting the adoption of digital pathology infrastructure in the region. Digital pathology leverages advanced technologies, including artificial intelligence (AI) and big data to boost productivity levels and enhance workflow efficiency and standardization.
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Middle East and Africa Digital Pathology Market
Segmental Coverage
Middle East and Africa Digital Pathology Market – By End User
Based on end user, the Middle East and Africa Digital Pathology Market is segmented into Pharmaceutical & biotechnology companies, hospitals & reference laboratories, and academic & research institutes. The hospitals and reference laboratories account for the highest market share owing to the increasing prevalence of various chronic diseases and the need for efficient diagnostic tools. The high number of out-patients visiting hospitals for the diagnosis of diseases along with the availability of a wide range of services is influencing the rising demand for digital pathology among hospitals and reference laboratories.
Middle East and Africa Digital Pathology Market – By Country
The in-depth research report on the Middle East and Africa Digital Pathology Market covers a number of country-specific markets, including Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and the rest of MEA. The UAE dominates the Middle East and Africa Digital Pathology Market owing to the advanced digital healthcare infrastructure along with favorable reimbursement policies to boost the disease diagnosis rate in the country. In addition, the integration of digital pathology with other digital technologies like barcoding, specimen tracking, and digital dictation enhances the efficiency, quality, and safety of disease diagnoses carried out in pathology laboratories.
Competitive Landscape
Major players operating in the Middle East and Africa Digital Pathology Market include F. Hoffmann-La Roche Ltd, Danaher Corporation, Koninklijke Philips NV, Sectra AB, GE Healthcare, Leica Biosystems, ZEISS, 3D-Histech Ltd, Definiens AG, and Nikon Corporation.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Middle East and Africa Digital Pathology Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle East and Africa Digital Pathology Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Publish Date: May 2024
The growing burden of chronic diseases and rising demand for remote diagnostics are expected to boost the growth of Middle East and Africa Digital Pathology Market during the forecast period between 2024 and 2030.
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