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. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Photoacoustic Imaging industry.
Biomedical PA imaging is currently at a rising stage of clinical translation and it is of utter importance for research institutions as well as academic establishments to make portable and affordable delivery and detection solutions to expand smoother transition to clinic. Issue helps to address a wide spectrum of PA imaging techniques, primarily targeting on latest advances in light sources along with its delivery methods, w1hich makes detection strategies which help maintain affordable PA imaging solutions. The report clearly defines the Photoacoustic Imaging market position on a global level.
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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.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Top competitors of the Photoacoustic Imaging Market profiled in the report are 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.
Key Highlights From The Report.
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.
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.
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The global Photoacoustic Imaging market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Photoacoustic Imaging market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Photoacoustic Imaging market.
For the purpose of this report, Emergen Research has segmented into the global Photoacoustic Imaging Market on the product, end user, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
End User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals and Clinics
Application Outlook (Revenue, USD Billion; 2017-2027)
Photoacoustic Imaging Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Table of Content
Chapter 1. Methodology & Sources
Photoacoustic Imaging Market Definition
Photoacoustic Imaging Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Photoacoustic Imaging Market Segmentation & Impact Analysis
4.1. Photoacoustic Imaging Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Photoacoustic Imaging Market indicators analysis
4.2.2. Photoacoustic Imaging Market drivers analysis
18.104.22.168. Rapid urbanization and industrialization
22.214.171.124. Stringent government regulations regarding carbon emissions
126.96.36.199. Increasing prevalence of respiratory diseases
188.8.131.52. Rising need to enhance indoor air quality
4.2.3. Photoacoustic Imaging Market restraints analysis
184.108.40.206. High cost associated with the maintenance of Photoacoustic Imaging products
220.127.116.11. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Key Objectives of the Report:
Analysis and estimation of the Photoacoustic Imaging Market size and share for the projected period of 2020-2027
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Photoacoustic Imaging Market
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Key Questions Addressed in the Report:
What are the key applications of Photoacoustic Imaging Market?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
Which region is expected to dominate the market in the coming years?
Who are the leading players in the Photoacoustic Imaging Market industry?
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