Photoacoustic Imaging Market

Photoacoustic Imaging Market

2020 - 2027

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The global Photoacoustic Imaging Market will be worthUSD 175.8 million by 2027, according to a currentanalysis by Emergen Research.

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The global Photoacoustic Imaging Market will be worth USD 175.8 million by 2027, according to a current analysis by

Emergen Research. It is also known as optoacoustic imaging which can be defined as a hybrid imaging technique with a high

potential in clinical biomedical application areas as well as multi-scale preclinical matters. It is one of the rapidly growing

biomedical imaging modalities of the decade, providing sustainable imaging resolution and depth, along with optical

spectroscopic contrast, thereby making it an ideal solution for real-time functional, structural and molecular imaging of

tissue.

Currently, PA imaging has also extended to biomedical and medical markets. The major segments are namely clinical (early

stage diagnosis) and pre-clinical (drug efficiency monitoring on small animal), analytics (flow cytometry and microscopy for

in vitro diagnosis). In 2019, the total PAI biomedical and medical market was valued nearly at USD 36.5 million, because of

the analytics and pre-clinical segments. According to our analysts, it is forecasted to touch the USD 241 million by 2022. A

steep increase in the growth curve has been prevalent from 2018, mainly because of the launch of clinical products that

were approved in 2017, like the Imagio system from Seno Medical Instruments, US..

Key players in the market illumiSonics Inc., Seno Medical Instruments Inc InnoLas Laser GmbH, FUJIFILM VisualSonics Inc., kibero, iThera Medical GmbH, PhotoSound Technologies Inc., PA Imaging, and Teem Photonics among others.

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Market Summary

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Some Key Highlights From the Report

1. In June, 2020, Fujifilm VisualSonics Inc., a subsidiary of FUJIFILM SonoSite, Inc. launched the first of its kind ultra high to low frequency ultrasound imaging system equipped with a frequency range from 71-1 MHz. With an open and configurable architecture, this product is specifically targeted towards scientific research community.

2. The highly going incidence of chronic disorders like cardiovascular diseases and cancer is pressing the utilization of non-invasive and real-time diagnostic methods for detection. When it is compared to traditional ultrasound, the technology is emerging as a crucial diagnostic approach for the detecting as well as managing chronic disorders easy. This is mainly because of its efficiency in the functional characterization of living tissues, the growing demand for PA is increasing in clinical as well as preclinical research favorably for the initial detection of cancer as well as the abnormalities in cardiovascular diseases and microcirculation.

3. Attributing to the recent technological advancements, the established and emerging manufacturers in the market, are also developing and offering innovative photoacoustic imaging solutions. Furthermore, because of the potential usage in humans, research is underway to develop and produce novel clinical photoacoustic imaging solutions.

Market Summary

Emergen Research has segmented the global Pectin on the basis of product type, form type, end user and region:

Product Outlook (Revenue, USD Billion; 2017-2027)Imaging SystemsLasersTransducersContrast AgentsSoftware

End User Outlook (Revenue, USD Billion; 2017-2027)Research InstitutionsHospitals and Clinics

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Market Summary

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Emergen Research has segmented the global Pectin on the basis of product type, form type, end user and region:

Application Outlook (Revenue, USD Billion; 2017-2027)OncologyCardiologyNeurologyHematologyOthers

Market Summary

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MARKET

SEGMENTATION

Parameter Details

Market Size Estimation Period 2020-2028

Base Year Considered 2020

Historical Data 2017-2019

Forecast Period 2021-2028

Quantitative Units Revenue in USD million & CAGR from 2020 to 2028

Segments Covered Types, Application, End-Users, Regions & more.

Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil

Report CoverageRevenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends

Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Customization Scope 10 hours of free customization & expert consultation

Pricing and Purchase OptionsExplore Different Purchase Options & Request for Discount to Avail New Year Discount


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