Photoacoustic Tomography Market Trends In 2017 – 2027
Photoacoustic Tomography Market: Drivers & Restraints
Developments made by medical equipment manufacturers as well as research groups in the last few years lead to the adoption of photoacoustic tomography imaging technology in the medical sector which fuels the market growth over the forecast period. It also has technical advantages than other imaging techniques such as usage of low energy photon and ultrasound waves, higher spatial resolution, higher frame rates, and higher detection sensitivity. The photoacoustic technique also leads to a variety of exciting discoveries and applications anticipating the market growth over the years.� Certain limitations of the technique such as limited optical attenuation limits, mismatch of acoustic impedances in certain interfaces, phase distortion by ultrasound signals in thick bones along with the higher costs of equipment limits the market growth for photoacoustic tomography.
Photoacoustic Tomography Market: Segmentation
Segmentation by Application
Diagnosis & Monitoring
Segmentation by End User
Diagnostics Imaging Centers
Academic and Research Institutes
Photoacoustic Tomography Market: Overview
Photoacoustic Tomography is an evolving imaging technique having a great potential in preclinical research and clinical settings. Research is actively going on in this sector for developing advanced tomographic image reconstruction methods for photoacoustic tomography which would be changing the market scenario of the diagnostic imaging techniques. A research paper published in the Journal of Biomedical Optics proposed a cheaper alternative illumination source for photoacoustic imaging by the use of xenon flash lamps. With significant advantages over other imaging techniques, market for Photoacoustic Tomography would be gaining promising market size over the forecast period. Certain factors such as cost and profitability greatly affects the market. The applications of photoacoustic tomography imaging have expanded significantly in fundamental life sciences, and various clinical applications have also been proposed. �Various companies are also in the process of development of photoacoustic tomography systems which is going to make the market more competitive over the forecast period.
Photoacoustic Tomography Market: Region-wise Outlook
North America is leading the market for photoacousting tomography equipments with the increasing pre-clinical studies related to photoacoustic tomography in various academic and research institutes. This is followed by Western Europe in the trend of adoption of technology as well as government support in the development of innovative equipments and investment in research activities supports the market growth in the region. Japan also mark significant market share in the global photoacoustic tomography market. Latin America and APEJ represents the growing market in this direction but constitutes less market share over the forecast period. MEA region share the lowest market size in the photoacoustic tomography market.
Photoacoustic Tomography Market Treatment Market: Key Players
Some of the players in the Photoacoustic Tomography service market involves Fujifilm VisualSonics Inc., PreXion, iThera Medical GmbH, Endra, Inc. and others.
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