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

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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 DiagnosticsMindpeakDipathiDeepwiseSyntropyEvidiumPurchase Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-24H15326/Global_AI_in_Digital_Pathology_Market
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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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Bravent has inaugurated its Innovation Hub in Peru and is consolidating its expansion in Latin America

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LIMA, Peru, Oct. 15, 2024 /PRNewswire/ — Bravent, an international pioneer in creating innovative technology solutions, has opened a new Innovation Hub in Peru as part of its strategic expansion into Latin America, where it is already present in Mexico and Colombia. As a global partner of Microsoft, the company reinforces its commitment to innovation and local talent with its growth strategy in the region.

With this launch, Bravent is reinforcing its commitment and expansion in the region, positioning itself as a benchmark in solutions based on Artificial Intelligence (AI), generative AI, Extended Reality (XR) and customised end-to-end services for customers.
Hugo Solís, Director of Bravent LATAM, will lead the operations with the aim of driving growth in the region, generating new employment opportunities for professionals in the technology sector and offering innovative solutions to current market challenges.
Solís has stressed that the opening of Bravent’s Innovation Hub in Peru represents an important step in its growth strategy in Latin America. “With this expansion, we want to attract and shape the best technology talents in the region, while offering innovative and tailored solutions for our customers in various sectors.”
Driving digitalisation across multiple sectors
Bravent, a global technology company partner of Microsoft, employs more than 30 professionals with highly qualified profiles specialised in AI, software development and XR, among other fields, and serves companies and entities operating around the world. The company has deployed technological projects in international organisations such as Acciona, Real Madrid FC, Burger King, Iberdrola, Eroski, John Deere, Grupo SM, Pescanova, Ferrovial, La Liga, OTIS, Enel, Legálitas, Mercedes Benz and Microsoft.
Manufacturing, logistics, energy, aviation… Bravent has positioned itself as one of Microsoft’s most innovative partners thanks to its ability to deploy technological and process digitisation projects in a multitude of areas, achieving significant increases in production and business for its customers.
Thanks to its specialisation in innovative IT solutions and as a Microsoft partner, Bravent guarantees the continuous training of its professionals and access to the most cutting-edge technologies. Its services include cloud solutions with Microsoft Azure, Extended Reality and Metaverses experiences, tools for business productivity (Microsoft 365), Power Platform solutions, ERP and CRM, Internet of Things, web development, design, UX, etc.

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Demand for Industry-specific AI drives increasing adoption of IFS.ai

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60+ in-depth IFS.ai scenarios available now in IFS Cloud 24R2
ORLANDO, Fla., Oct. 15, 2024 /PRNewswire/ — IFS UNLEASHED IFS, the leading provider of enterprise cloud and Industrial AI software, has boosted its offering in the six hardcore industries it serves to 60+ in-depth Industrial AI scenarios that are available in the IFS Cloud 24R2 release, with more than 300 additional scenarios in the process of MVP (minimum viable product) validation.

Despite the noise around generic co-pilots and consumer-focused AI, IFS is driving change and adoption of arguably the most impactful application of AI: Industrial AI. IFS.ai is Industrial AI, with customers already using and able to immediately implement IFS.ai without the need for expensive investments in toolkits or additional implementation resource.
The Industrial AI scenarios available today with IFS.ai fit within the following Classes, and span both Generative AI and Predictive AI:
Generative AI
Content generation (personalised training; autogenerated project reportingRecommendation (configuration to improve production quality; sourcing and supplier decision support)Contextual knowledge (assembly instruction and real-time guidance; unstructured data knowledge retrieve)Predictive AI
Event forecasting (automated risk and mitigation; simulate product and asset behaviours)Optimization (optimise task sequencing; optimize vs. resources vs. capacity)Anomaly detection (proactive quality control and monitoringCustomers already using IFS.ai are reporting rapid returns.
Ependion has turned to IFS.ai to improve efficiencies in the Manufacturing space. CIO, Joakim Stolt said: “IFS.ai Manufacturing Scheduling and Optimization (MSO) will help us increase productivity by automating our production planning process. We can quickly respond to changes based on external factors with AI-driven optimization designed to maintain high utilization of our critical resources to better meet customer demand. Ultimately, we are able to deliver optimal outcomes to our customers and product planners.”
Noble Corporation, a world-class offshore drilling company, is using IFS.ai to boost productivity and efficiency. Kristian Mortensen, Manager, Maintenance Process & Solutions, said: “Ideally we only want to service or replace a component when it is within 80% of its predicted failure time or lifetime. IFS.ai promises to help us get a lot closer to that more efficient maintenance scenario. It also promises to make our systems perform better because we know what it is that we need to do – the critical failure point – from the legacy and analytics projections. If we want to change the maintenance interval, IFS.ai will help us to justify decisions to authorities and OEMs based on the historic data and insight available within the system.” 
IFS.ai is the backbone of IFS’s ERP, Asset Management (EAM) and Service Management (FSM and ITSM) solutions. When applied to the industries IFS serves, the impact is profound:
8 out of 10 of the US’s leading energy companies use IFS.ai to deliver power to American homes200 million + Americans connect every day using cell phone networks maintained with IFS.ai200 billion packages a year are sustainably produced and distributed across the world thanks to IFS.ai2 billion people keep moving on elevators and walkways maintained and services with IFS.ai every day      105m US households have utilities powered by IFS.ai9 billion sq ft of construction projects globally are managed with IFS.ai310 million passengers a year fly safely thanks to aircraft maintained by IFS.ai”Industrial AI is at the very core the solutions we are powering for customers. They are pushing us for ready-to-use AI that they can adopt quickly to solve real industrial challenges like labor shortages, supply chain disruption, stagnated productivity,” said IFS’s Chief Customer Officer, Cathie Hall. “IFS is the pioneer of Industrial AI, and we are committed to further extending our global leadership position, making more real-world AI use cases available for customers in our hardcore industries.  IFS’s mission is to accelerate the pace of AI development and adoption throughout our organization and into the products and services we deliver to customers. Our commitment to continued investment in IFS.ai has never been stronger.”
“IFS has strength in the breadth of service capabilities that incorporate AI, machine learning and IOT,” said Aly Pinder, Research Vice President – Worldwide Aftermarket Services Strategies at IDC at IDC said. “IFS is helping organizations address the technology opportunities of a rapidly evolving market that is benefitting from advanced tools to insights, collaboration, and action. IFS has been able to incorporate these tools into an Industrial AI offering that drives improved service operations and outcomes.”
To learn more about Industrial AI, visit: www.ifs.ai.
About IFS
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™️ to enhance productivity, efficiency, and sustainability.
IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™️.
IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
IFS Press Contacts:
EUROPE / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] AMERICA / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected]
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ifs/r/demand-for-industry-specific-ai-drives-increasing-adoption-of-ifs-ai,c4051699
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Meridia Launches Verify, the Most Comprehensive Solution for EUDR Risk Assessment

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AMSTERDAM, Oct. 15, 2024 /PRNewswire/ — Meridia is proud to launch Verify, the most comprehensive solution for reducing EU Deforestation Regulation (EUDR) non-compliance risks on the market. The launch follows a two-year development period and is the product of Meridia’s ten years of deep field experience, real-world insights and local knowledge.

To support EUDR compliance, Verify assesses field and physical flow data across farms and commodities covering data quality, deforestation risk, legality (including compliance with local laws), and traceability. Verify also integrates real-time data verification and compliance validation into procurement cycles, future-proofing data quality. The tool currently covers cocoa, coffee, palm oil, soy, and rubber, with more commodities, origins and tests planned for the future.
“We are excited to officially launch Verify – a big milestone we have worked towards for two years! Verify clients can process datasets to generate risk scores and results in real-time for data quality, deforestation, traceability and legality aspects. By integrating Verify into their procurement cycles, companies can reduce commercial and reputational risk, minimise supply chain disruption, and accelerate evidence-based decision-making for strategic sourcing, procurement, and trade.” – Thomas Vaassen, CEO, Meridia
Data verification is an essential step towards EUDR complianceA significant amount of company commodity and sourcing field data is inaccurate, despite best efforts to map global supply chains[1]. This inaccurate field data leaves many operators and traders doing business in the EU at risk of importing illegal and non-compliant products under the EUDR.
Verify significantly lowers the risks of EUDR non-compliance by deploying 50+ tests for field and physical flow data quality. Each test results in a score ranging from low risk to critical risk of non-compliance, with a single overall score provided for each farm, allowing for an easy comparison of compliance risks. These tests are aligned with source articles from the EU Deforestation Regulation (EUDR) and focus on four key areas across 35+ origins.
The test results can be customised and sorted by preference, or delivered in a detailed risk report with actionable recommendations. With its full launch, Verify is now available under a subscription model, either on-platform or via an API.
“To comply with the EUDR, we must ensure that our cocoa is fully traceable back to a specific farmer and a specific farm, and that farm must be fully polygon mapped to prove that the cocoa does not originate from land which was deforested after December 2020. Meridia Verify helps us to confidently verify our field data, ensuring compliance with these new regulations and safeguarding our operations in an increasingly regulated landscape.” – Bart Draaijer, Head of Sustainable Cocoa – ETG | Beyond Beans
Verify supports the ICE CoT platformMeridia has also collaborated with ICE Benchmark Administration Limited (IBA) in its launch of the ICE Commodity Traceability Service (ICE CoT), a technology platform designed to facilitate the continued frictionless trade of physical cocoa and coffee by automating the process of submitting, storing,  validation testing and sharing of due diligence information required by the EUDR.
“The ICE CoT data validation methodologies have been developed based on Meridia Verify and form a crucial component of IBA’s platform,” said Clive de Ruig, President of IBA. “High-quality data is critical to passing the ICE CoT tests, and Meridia Verify will be of significant help to customers in preparing their due diligence data to meet ICE CoT’s rigorous standards of data governance.”
About MeridiaMeridia is an AgTech company specialised in field data solutions in smallholder-heavy agri-commodity supply chains such as cocoa, coffee, palm oil, rubber and soy.
The Meridia vision is a world where all commodities can be verified as sustainably produced and managed. Its mission is to improve the veracity of datasets informing value chain monitoring, reporting and verification, and validating regulatory compliance. Its purpose is to build transparent and inclusive supply chains that give smallholders everywhere a level playing field.
ContactManon Michelle Monhemius – PR, Marketing, and Communications Lead, +31 85 001 4445 /[email protected] Kondrashov – Head of Marketing, [email protected]
www.meridia.land
[1] Report: Cooperatives and the state of field data quality for EUDR compliance, Results of the Cavally Cocoa Farm Data Study (September 2022/November 2023)
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