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Photoacoustic Imaging Trends and Forecast
The future of the global photoacoustic imaging market looks promising with opportunities in the oncology, cardiology, neurology, and haematology markets. The global photoacoustic imaging market is expected to reach an estimated $0.16 billion by 2030 with a CAGR of 12.7% from 2024 to 2030. The major drivers for this market are growing incidences of chronic diseases, increasing demand for minimally invasive surgeries, and on-going technological advancements for manufacturing of photoacoustic imaging devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Photoacoustic Imaging by Segment
The study includes a forecast for the global photoacoustic imaging by product, type, application, end use, and region.
Photoacoustic Imaging Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Imaging Systems
• Lasers
• Transducers
• Contrast Agents
• Software and Accessories
Photoacoustic Imaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Photoacoustic Tomography
• Photoacoustic Microscopy
• Others
Photoacoustic Imaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Oncology
• Cardiology
• Neurology
• Haematology
• Others
Photoacoustic Imaging Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals and Imaging Centers
• Research Institutes and Academia
• Others
Photoacoustic Imaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Photoacoustic Imaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies photoacoustic imaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the photoacoustic imaging companies profiled in this report include-
• Advantest
• Tomo Wave
• Kibero
• Fujifilm Visual Sonics
• Seno Medical Instruments
• Ithera Medical
• Aspectus
• Canon
• Echofos
• Endra Life Science
Photoacoustic Imaging Market Insights
Lucintel forecasts that imaging systems will remain the largest segment over the forecast period due to growing demand for advanced imaging devices and increasing frequency of research activities.
Within this market, oncology will remain the largest segment due to growing adoption of these systems for cancer diagnosis, especially for breast cancer.
North America will remain the largest segment over the forecast period due to increasing preference for effective patient care through non-invasive disease diagnosis and rising spending on healthcare infrastructure in the region.
Features of the Global Photoacoustic Imaging Market
Market Size Estimates: Photoacoustic imaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Photoacoustic imaging market by various segments, such as by product, type, application, end use and region in terms of ($B).
Regional Analysis: Photoacoustic imaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, applications, end uses, and regions for the photoacoustic imaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the photoacoustic imaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the photoacoustic imaging market size?
Answer: The global photoacoustic imaging market is expected to reach an estimated $0.16 billion by 2030.
Q.2 What is the growth forecast for photoacoustic imaging market?
Answer: The global photoacoustic imaging market is expected to grow with a CAGR of 12.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the photoacoustic imaging market?
Answer: The major drivers for this market are growing incidences of chronic diseases, increasing demand for minimally invasive surgeries, and on-going technological advancements for manufacturing of photoacoustic imaging devices.
Q4. What are the major segments for photoacoustic imaging market?
Answer: The future of the photoacoustic imaging market looks promising with opportunities in the oncology, cardiology, neurology, and haematology markets.
Q5. Who are the key photoacoustic imaging market companies?
Answer: Some of the key photoacoustic imaging companies are as follows:
• Advantest
• Tomo Wave
• Kibero
• Fujifilm Visual Sonics
• Seno Medical Instruments
• iThera Medical
• Aspectus
• Canon
• Echofos
• Endra Life Science
Q6. Which photoacoustic imaging market segment will be the largest in future?
Answer: Lucintel forecasts that imaging systems will remain the largest segment over the forecast period due to growing demand for advanced imaging devices and increasing frequency of research activities.
Q7. In photoacoustic imaging market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest segment over the forecast period due to increasing preference for effective patient care through non-invasive disease diagnosis and rising spending on healthcare infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the photoacoustic imaging market by product (imaging systems, lasers, transducers, contrast agents, and software & accessories), type (photoacoustic tomography, photoacoustic microscopy, and others), application (oncology, cardiology, neurology, haematology, and others), end use (hospitals and imaging centers, research institutes and academia, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Photoacoustic Imaging Market, Photoacoustic Imaging Market Size, Photoacoustic Imaging Market Growth, Photoacoustic Imaging Market Analysis, Photoacoustic Imaging Market Report, Photoacoustic Imaging Market Share, Photoacoustic Imaging Market Trends, Photoacoustic Imaging Market Forecast, Photoacoustic Imaging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Photoacoustic Imaging Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Photoacoustic Imaging Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Photoacoustic Imaging Market by Product
3.3.1: Imaging Systems
3.3.2: Lasers
3.3.3: Transducers
3.3.4: Contrast Agents
3.3.5: Software and Accessories
3.4: Global Photoacoustic Imaging Market by Type
3.4.1: Photoacoustic Tomography
3.4.2: Photoacoustic Microscopy
3.4.3: Others
3.5: Global Photoacoustic Imaging Market by Application
3.5.1: Oncology
3.5.2: Cardiology
3.5.3: Neurology
3.5.4: Haematology
3.5.5: Others
3.6: Global Photoacoustic Imaging Market by End Use
3.6.1: Hospitals and Imaging Centers
3.6.2: Research Institutes and Academia
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Photoacoustic Imaging Market by Region
4.2: North American Photoacoustic Imaging Market
4.2.2: North American Photoacoustic Imaging Market by Application: Oncology, Cardiology, Neurology, Haematology, and Others
4.3: European Photoacoustic Imaging Market
4.3.1: European Photoacoustic Imaging Market by Product: Imaging Systems, Lasers, Transducers, Contrast Agents, and Software & Accessories
4.3.2: European Photoacoustic Imaging Market by Application: Oncology, Cardiology, Neurology, Haematology, and Others
4.4: APAC Photoacoustic Imaging Market
4.4.1: APAC Photoacoustic Imaging Market by Product: Imaging Systems, Lasers, Transducers, Contrast Agents, and Software & Accessories
4.4.2: APAC Photoacoustic Imaging Market by Application: Oncology, Cardiology, Neurology, Haematology, and Others
4.5: ROW Photoacoustic Imaging Market
4.5.1: ROW Photoacoustic Imaging Market by Product: Imaging Systems, Lasers, Transducers, Contrast Agents, and Software & Accessories
4.5.2: ROW Photoacoustic Imaging Market by Application: Oncology, Cardiology, Neurology, Haematology, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Photoacoustic Imaging Market by Product
6.1.2: Growth Opportunities for the Global Photoacoustic Imaging Market by Type
6.1.3: Growth Opportunities for the Global Photoacoustic Imaging Market by Application
6.1.4: Growth Opportunities for the Global Photoacoustic Imaging Market by End Use
6.1.5: Growth Opportunities for the Global Photoacoustic Imaging Market by Region
6.2: Emerging Trends in the Global Photoacoustic Imaging Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Photoacoustic Imaging Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Photoacoustic Imaging Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Advantest
7.2: Tomo Wave
7.3: Kibero
7.4: Fujifilm Visual Sonics
7.5: Seno Medical Instruments
7.6: iThera Medical
7.7: Aspectus
7.8: Canon
7.9: Echofos
7.10: Endra Life Science
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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