Technology

AI-Driven Digital Pathology Market Expanding Fast – D845.4 Million by 2030 | Valuates Reports

Published

3 months ago

October 15, 2024

BANGALORE, India, Oct. 15, 2024 /PRNewswire/ — AI in Digital Pathology Market is Segmented by Type (Diagnosis Support, Predictive Modeling, Pattern Recognition, Image Analysis and Detection), by Application (Hospital, Diagnostic Centers, Laboratories & Research Institutes): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global AI in Digital Pathology Market was valued at USD 235 Million in 2023 and is anticipated to reach USD 845.4 Million by 2030, witnessing a CAGR of 18.2% during the forecast period 2024-2030.

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Major Factors Driving the Growth of AI in Digital Pathology Market:

The AI in Pathology Market is expected to experience significant growth in the coming years due to increasing investments in AI technologies, a global shortage of pathologists, and the rising demand for more accurate and efficient diagnostic tools. The market is driven by advancements in AI-powered image analysis, diagnostic support tools, and the growing adoption of digital pathology. As healthcare systems worldwide aim to improve diagnostic capabilities, the AI in Pathology Market is set for robust expansion.

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TRENDS INFLUENCING THE GROWTH OF THE AI IN DIGITAL PATHOLOGY MARKET:

Image analysis and detection technologies are at the forefront of driving the AI in Pathology Market. The ability of AI to accurately process and analyze digital pathology images at a much faster rate than human pathologists improves diagnostic accuracy and efficiency. This capability enables healthcare providers to detect abnormalities earlier, particularly in oncology and complex diseases, where precise image analysis is critical. As AI-driven image analysis becomes more advanced, healthcare systems increasingly adopt these tools, which propels the growth of the AI in Pathology Market.

The growing reliance on AI for diagnostic support is a significant factor driving the AI in Pathology Market. AI tools assist pathologists in interpreting complex cases by providing automated insights and reducing the margin of error. This enhanced support improves decision-making and leads to faster, more accurate diagnoses. As hospitals and clinics strive to improve patient outcomes, the integration of AI-powered diagnostic support systems is becoming essential, thus fueling the demand for AI applications in pathology.

Hospitals are key contributors to the growth of the AI in Pathology Market due to their increasing adoption of AI-based solutions to enhance operational efficiency and diagnostic accuracy. AI tools help hospitals streamline workflows, reduce human errors, and improve patient management. By integrating AI in pathology, hospitals can significantly shorten diagnosis times, thereby improving treatment decisions and patient care. This growing demand for AI integration in hospitals is expected to drive the expansion of the AI in Pathology Market.

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The complexity of modern pathological cases, especially in areas like cancer diagnosis, has created a need for more advanced diagnostic tools, driving the adoption of AI in pathology. AI’s ability to process vast amounts of data quickly and identify subtle patterns in pathology slides supports pathologists in making more informed decisions. This complexity requires precision, which AI solutions offer, leading to greater demand for AI in pathology.

A global shortage of trained pathologists has led to the increased adoption of AI tools to fill the gap in diagnostic capabilities. AI can enhance the productivity of existing pathologists by automating routine tasks, allowing them to focus on more critical cases. This helps alleviate the burden on healthcare systems facing personnel shortages, making AI a valuable tool in maintaining diagnostic efficiency. Consequently, the demand for AI in pathology continues to grow.

Healthcare providers are under increasing pressure to improve diagnostic accuracy, particularly in high-stakes fields like oncology. AI tools, with their ability to reduce human error and improve the consistency of diagnoses, are becoming essential in pathology departments. By offering high precision and the ability to learn from vast datasets, AI technologies are helping pathologists provide more accurate and consistent results, which is driving market growth.

The growing trend of personalized medicine has increased the demand for precise and rapid diagnostics, driving the adoption of AI in pathology. AI’s capacity to analyze individual patient data and offer tailored diagnostic insights supports the development of personalized treatment plans. This shift towards individualized care, especially in cancer and genetic disorders, necessitates advanced pathology solutions, thereby pushing the demand for AI-driven tools in the pathology market.

The shift from traditional pathology methods to digital pathology is creating opportunities for AI to integrate into clinical workflows. Digital pathology enables the use of AI tools to process and analyze pathology slides more efficiently. This transformation is being driven by the need for more streamlined and accurate diagnostics, further fueling the adoption of AI solutions within pathology departments across hospitals and research institutions.

DIGITAL PATHOLOGY MARKET SHARE:

The AI in Pathology Market shows varying levels of growth across different regions, with North America leading due to its advanced healthcare infrastructure and early adoption of AI technologies. Europe is following closely, driven by significant investments in healthcare innovation. In the Asia-Pacific region, rapid advancements in healthcare, increasing investments, and rising awareness of AI technologies are contributing to the growing market. Latin America and Africa are expected to experience gradual adoption as healthcare infrastructure and technological integration progress.

Key Companies:

PathAIProscia, Inc.AiforiaDeep BioLBPCellaVision ABAIRA MatrixIndica LabsDoMore DiagnosticsMindpeakDipathiDeepwiseSyntropyEvidium

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– Digital Pathology market was valued at USD 832.6 Million in 2022 and is anticipated to reach USD 1742.7 Million by 2029, witnessing a CAGR of 13.1% during the forecast period 2023-2029.

– Pathology Software market was valued at USD 716 Million in 2023 and is anticipated to reach USD 1309 Million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.

– The global cloud artificial intelligence market was valued at USD 42.7 Billion in 2022, and is projected to reach USD 887 Billion by 2032, growing at a CAGR of 35.8% from 2023 to 2032.

– Comprehensive Digital Pathology Scanner market was valued at USD 767 Million in 2023 and is anticipated to reach USD 1665.7 Million by 2030, witnessing a CAGR of 11.8% during the forecast period 2024-2030.

– Digital Pathology Devices Market

– Pathology Diagnosis Devices Market

– Telepathology Market was estimated to be worth USD 690.5 Million in 2023 and is forecast to a readjusted size of USD 1396.9 Million by 2030 with a CAGR of 10.5% during the forecast period 2024-2030.

– Whole Slide Scanner Market revenue was USD 196.4 Million in 2022 and is forecast to a readjusted size of USD 266.4 Million by 2029 with a CAGR of 4.4% during the forecast period (2023-2029).

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Technology

StorageUnits.com: 4 in 10 Americans Are Stockpiling Goods in Fear of Tariffs

Published

1 hour ago

January 15, 2025

Americans prepare for anticipated economic shifts under President-elect Donald Trump.

SEATTLE, Jan. 15, 2025 /PRNewswire-PRWeb/ — StorageUnits.com, a reliable and user-friendly platform for finding the best and most convenient storage facilities, recently published findings from a December 2024 survey examining Americans’ preparedness in response to anticipated economic shifts under President-elect Donald Trump. The survey of 1,750 U.S. residents highlights significant stockpiling activity and large purchases.

According to the survey, 28% of Americans are actively stockpiling goods, with another 17% planning to start soon. Household essentials (78%) and non-perishable foods (78%) rank as the most commonly stockpiled items, while 20% of respondents say they are stockpiling a year’s supply or more. Among active stockpilers, 15% have already spent over $1,000, and 7% are using rental storage units to manage their surplus goods.

Fear of tariffs is a key driver behind this behavior, with 9 in 10 respondents expressing concern about how Trump’s proposed tariffs will impact the cost of goods. The survey also reveals that 1 in 3 Americans have made or plan to make large purchases—such as electronics, appliances, and cars—before Trump takes office, citing his election as a significant influence on their decisions.

This survey, commissioned by StorageUnits.com and conducted online via Pollfish in December 2024, collected responses from 1,750 U.S. residents. To view the study write-up, please visit: https://www.storageunits.com/4-in-10-americans-are-stockpiling-goods-in-fear-of-tariffs/

StorageUnits.com is an emerging startup dedicated to helping consumers across the United States discover the best and most convenient storage options in their local communities. The website provides comprehensive resources and tools for traditional self-storage, full-service storage, and moving solutions. For more information, please visit http://www.storageunits.com.

Media Contact

Amanda Baker, StorageUnits.com, 000-0000, amanda@storageunits.com

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SOURCE StorageUnits.com

Technology

InventHelp Inventors Develop New Solar Phone Charging Resort Table (LOS-249)

Published

1 hour ago

January 15, 2025

PITTSBURGH, Jan. 15, 2025 /PRNewswire/ — “We thought there should be a way to charge your phone or other mobile device while lounging at the pool,” said one of two inventors, from Newbury Park, Calif., “so we invented the SOLAR PHONE CHARGING RESORT TABLE. Our convenient and environmentally-friendly design eliminates the need to find a traditional outlet or power source for charging your phone.”

The patent-pending invention provides an improved poolside table for resorts, hotels, and cruise ships. In doing so, it allows users to charge their smartphones and other mobile devices. As a result, it increases convenience, and it could enhance the guest experience. The invention features a durable and waterproof design that is easy to use so it is ideal for hotels, resorts, cruise lines, etc.

The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-LOS-249, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

Technology

National Business Research Institute recognizes OHIO PETERBILT

Published

1 hour ago

January 15, 2025

OHIO PETERBILT earns a place in NBRI’s Circle of Excellence

PLANO, Texas, Jan. 15, 2025 /PRNewswire-PRWeb/ — The National Business Research Institute (NBRI) is pleased to welcome OHIO PETERBILT to the NBRI Circle of Excellence!

The NBRI Circle of Excellence Award recognizes organizations that demonstrate high levels of Customer Experience through rigorous, science-based customer research. Organizations must score at or above Stretch Performance at the 75th percentile of their industry or improve by five (5) or more percentiles over the previous year, which is no small feat.

OHIO PETERBILT is compared to or benchmarked against its industry, which is a subset of NBRI’s robust database of survey answers. OHIO PETERBILT is performing at the 71st percentile. NBRI commends the leadership of OHIO PETERBILT for their commitment to science-based Customer research and continuous improvement of its Customer Experience.

OHIO PETERBILT embraces the Best Practice of continually assessing and targeting the variables that drive Overall Satisfaction and Intent to Return. NBRI’s advanced statistical modelling of OHIO PETERBILT’s data, provides OHIO PETERBILT with the keen insight and actions necessary for the continuous improvement of Customer attitudes, behavior, and experience.

“Great business leaders understand how exceptional Customer experiences improve business performance. They take the time to listen to their Customers, identify and tackle important business issues, and create interactions that build customer loyalty,” says Steve Moylan, President at NBRI. “OHIO PETERBILT PETERBILT’s high achievement in earning this distinguished award is a direct result of OHIO PETERBILT PETERBILT’s dedication to measuring and improving its Customer Experience.”

About OHIO PETERBILT

OHIO PETERBILT, a division of Ohio Machinery Co., is a leading Peterbilt dealership with ten locations across the state. It serves the trucking industry with a commitment to quality service, sales, and support and provides a wide range of solutions for fleets and owner-operators, from conventional diesel trucks to the latest in electric vehicle technology.

About NBRI

NBRI conducts science-based Employee, Customer, and Market Research for businesses, and uses this data to help organizations leverage these human insights to make improvements to operations and strategy. With extensive experience across industries, NBRI’s research teams provide clients a combination of deep industry knowledge and expert advice. NBRI’s mission is to help its clients set new standards of Ohio Peterbilt in their industries. NBRI offers full-service business research and consulting ensuring NBRI clients focus on the most impactful issues to improve performance and unlock growth.

National Business Research Institute, Inc.

3300 Dallas Parkway; Suite 200

Plano, TX, 75093

972-612-5070

1-800-756-6168

www.nbrii.com

OHIO PETERBILT

900 Ken Mar Industrial Pkwy,

Broadview Heights, OH 44147

(440) 526-0520

ohiopeterbilt.com

Media Contact