Germany digital pathology market is projected to grow at a CAGR of 14.2% during the forecast period. The digitization in the field of pathology has led the use of automated technology in diagnosis which is responsible for growth of the market. The advantageous features offered by digital pathology such as high productivity and effective result, quick transmission of glass slide in virtual form and cost effectiveness of the digital pathology is major driving factors for the market in the region. In Europe, Germany is the largest market for healthcare devices and world’s third largest market following United States and Japan. The strength of the country lies in innovations and financial budget of German medical technology industry, which in turn will increase the adoption of digital pathology in this region.
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There are many US based companies having their subsidiaries in Germany market such as GE Healthcare and hence the German market recognized as a “Test Lab” for Europe. The companies in the Germany digital pathology market include GE Healthcare and microDimensions GmbH. EU and government are giving priority to healthcare and life science industry. The EU provide funds for regional development (EFRE) program 2014-2020.
Under this program, German government has formed a federal healthcare industry council and afterwards, a federal digital health council. These are opened to facilitate the way for integrated and cost-efficient healthcare devices and systems. The use of eHealth law is turn out to be a huge opportunity for digital health technologies as digital pathology. The legislative proposals by German healthcare politics which the companies of healthcare devices. The proposal contains the Care Reinforcement Law (GKV – Versorgungsstärkungsgesetz), the Hospital Structure Law (Krankenhausstrukturgesetz), the E-Health Law (E-Health-Gesetz), or the Healthcare Anti-Corruption Law (Gesetz zur Bekämpfung von Korruption im Gesundheitswesen). Hence, such initiatives by the government and organizations supports the growth of the Germany digital pathology market during the forecast period.
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Germany Digital Pathology Market Segmentation
By Products and Services
- Diagnostic Devices
- Scanners and Microscope
- Communication Platform
- Storage
- Others
By End-User
- Biotechnology and Pharmaceutical Companies
- Diagnostic Centers
- Academics Centers
By Applications
- Anatomical Pathology
- Chemical Pathology
- Forensic Pathology
- Clinical Pathology
- Immunopathology Pathology
- Others
