AI-Based Imaging Analysis Tools and Cloud-Based Deployments to Bolster the Global Digital Pathology Market

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Storage solutions segment to register the highest growth, followed by software solutions and hardware solutions, finds Frost & Sullivan

SANTA CLARA, Calif., April 5, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis, AI-Based Image Analysis Tools and Cloud-Based Deployment to Expand the Global Digital Pathology Market, finds that this market is estimated to hit $825.9 million by 2025 from $513.3 million in 2019 at a compound annual growth rate (CAGR) of 8.2%. Increasing pathology test volumes due to disease prevalence, digital pathology’s importance to the pharmaceutical industry, and regulatory approvals for using digital pathology in the primary diagnosis will boost the market. The analysis highlights key growth metrics, market segment by product (hardware, software, and storage solutions), and region-specific market trends from North America, Europe and Asia-Pacific.

AI-Based Imaging Analysis Tools and Cloud-Based Deployments to Bolster the Global Digital Pathology Market

For further information on this analysis, please visit: http://frost.ly/5h2

“New business models such as on-demand services will be key to increasing access to untapped markets and significantly increasing digital pathology adoption over the forecast period,” said Deepak Jayakumar, Healthcare & Life Sciences Industry Analyst at Frost & Sullivan. “Additionally, as digital solutions’ high costs are a crucial concern for diagnostic labs, solution providers seize opportunities to establish regional service centers, which will be equipped to provide slide scanning, image analysis, and storage services in emerging markets.”

Jayakumar added: “With increased adoption expected over the forecast period and partly accelerated by the COVID-19 pandemic, data generation is expected to increase many fold. As a result, the storage solutions segment is likely to register the highest growth, followed by software and hardware segments. From a regional market perspective, North America, led by the United States, will significantly contribute to the overall digital pathology market due to rising cancer incidence rates, food and drug administration (FDA) approvals for using digital pathology solutions as primary diagnostic tools, and the pharmaceutical and contract research industries’ growth. Similarly, increasing research applications and rising investment in IT infrastructure and communications technology will aid the digital pathology market growth in the Asia-Pacific region.”

To tap into the growth prospects exposed by the digital pathology market, vendors need to focus on the following:

  • Demonstrate better productivity for end-users through collaborations.
  • Understand that automated image analysis is the biggest driver for digital pathology workflow and solution adoption in clinical and research settings because it can significantly reduce the turnaround time and increase resource efficiency.
  • Adapt to open architecture integration as clients are expected to increasingly switch from end-to-end solutions to a best-of-breed approach for digital pathology.
  • Focus on cloud-based solutions that can be quickly deployed and easily integrated into laboratory information system (LIS)/laboratory information management system (LIMS).
  • Ensure their whole slide imaging (WSI) and software can smoothly integrate into the hospital’s existing anatomical pathology (AP)-LIS for the workflow to have the desired impact.

AI-Based Image Analysis Tools and Cloud-Based Deployment to Expand the Global Digital Pathology Market is the latest addition to Frost & Sullivan’s Healthcare & Life Sciences research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Mariana Fernandez

Corporate Communications

E: Mariana.Fernandez@frost.com 

http://www.frost.com

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Handicraft Furniture setting a new trend in the interior and home décor industry

Handicraft Furniture setting a new trend in the interior and home décor industry

Furniture is one of the most prominent and significant aspects of any space. It adds a distinct depth and feel to the décor and enhances its beauty to the next level. Conventionally furniture was considered only as a side element while designing an interior. However, today the trend has changed; the limelight is on the furniture and furnishing elements. Young interior designers and architects are giving utmost importance to furniture and are heavily investing their time and efforts to get the best furniture for modern urban spaces.

Antique Handicraft Furniture

Saharanpur – the furniture city of India is renowned for its explicit patterns, wide motifs, and creativity. The city is home to some of the most skilled and proficient artisans and craftsmen. These creative enthusiasts are known for their attention to detail, intricate carving, and eye for perfection. The finishing and look of the furniture created in this city are beyond comparison. Craftatoz is one of the reputed furniture manufacturing companies in India. Established in the year 1989 in Saharanpur, the company has more than 300 trained and skilled workmen. The antique and eternal furniture created by Craftatoz sets the perfect symphony of texture and gives your space a stunning and grandeur appearance.

Furniture artefacts are one of the worthwhile investments. It not only augments the overall appearance of your room but also meticulously sets the whole ambience. The novelty and ethnic feel of antique furniture make it highly popular amongst the masses. The designers and interior decorators are hunting unique and exquisite antique furniture that connects one with the Indian roots. Craftatoz is one of its kind of handicraft furniture manufacturing company striving to preserve the Indian handicraft industry and introducing artistic handicraft furniture that is spectacular and awe-inspiring.

Preserving the art of Handicraft

Handicraft furniture online is a part of Indian heritage and culture from the Britishers time. Handicraft furniture speaks volumes about our rich history and love for art. Handicraft furniture is an integral part of our interiors and gives your premise an elegant touch. However, over the period of time with the introduction of modernization and machine-made furniture, the significance of handicraft furniture has been also affected to a great extent.  Furniture giants like Craftatoz are exerting themselves to promote the artisan’s talent and preserve the art of handicraft. They are bringing handicraft furniture to modern homes and preserving our legacy. Handicraft furniture is a seamless combination of modern art, style, and antiquity. They are unmatched and a true epitome of sophistication.

Handicraft furniture suits your décor and adds more splendor to it

The latest global trend in home furniture and decoration is Handicraft Furniture. Décor with the layer of Indian handicraft products and furniture creates an interesting décor and creates an impeccable melody of texture, color, fabric, styles, etc. Antique handicraft furniture in the form of mirrors, center table, jharokhas, Chandeliers, key holders, table lamps, corner tables, and much more. Handicraft Furniture is true alchemy of style and poise. They are an ideal fit for any modern urban or conventionally designed abodes. The handicraft wooden furniture celebrates luxury and creates a lavish feel.

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Handicraft furniture is never outdated. They are timeless and always in fashion. Other furniture styles may come and go but the love for Indian handicraft and artistic furniture is increasing at an enormous rate. A true lover of Indian culture and exclusive products is sure to get impressed by the sumptuous range of handicraft furniture offered by Craft atoz. The handicraft furniture can truly revamp your furniture and add a gleam to your interiors. Handicraft furniture is available in size, style, and pattern. The availability of premium grade handicraft furniture collection has led to an immense increase in the demand and utility of the same. Interior designers and décor experts are incorporating handicraft furniture to create a comprehensive mood of the space and give it a cutting-edge.

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Like every industry, the furniture industry has also witnessed several ups and downs. The trends in the furniture industry are ever-evolving. There are continuous introductions and upgrades in this sector. However, the heart of the furniture segment is still ‘Handicraft Furniture’ the simplicity, quirkiness, antique touch, regal patterns and immersive feel of handicraft furniture still continue to mesmerize everyone with its grandeur and sheer opulence.

Handicraft furniture is at the pedestal and gaining substantial attention worldwide. They are widely acknowledged as one of the most reputed, credible, and authentic Indian art forms. The handicraft furniture reflects the legacy of the country and opens new avenues for Indian craftsmen and artefacts. Craftatoz with an aim to provide these artists global exposure and widespread Indian culture to every corner of the world brings a well-thought, finely detailed range of handicraft furniture that creates the cult and sets new milestones in the world of online furniture.

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