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Photoacoustic Imaging Market to Witness Robust Expansion by 2024– Top Key players like Kibero,TomoWave,FUJIFILM VisualSonics,Inc.
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Photoacoustic imaging (optoacoustic imaging) is a biomedical imaging modality based on the photoacoustic effect. In photoacoustic imaging, non-ionizing laser pulses are delivered into biological tissues (when radio frequency pulses are used, the technology is referred to as thermoacoustic imaging). Some of the delivered energy will be absorbed and converted into heat, leading to transient thermoelastic expansion and thus wideband (i.e. MHz) ultrasonic emission. The generated ultrasonic waves are detected by ultrasonic transducers and then analyzed to produce images. It is known that optical absorption is closely associated with physiological properties, such as hemoglobin concentration and oxygen saturation. As a result, the magnitude of the ultrasonic emission (i.e. photoacoustic signal), which is proportional to the local energy deposition, reveals physiologically specific optical absorption contrast. 2D or 3D images of the targeted areas can then be formed.
The market entry threshold for photoacoustic imaging is very high, and the overall competitive pressure is relatively small. However, the consumer market for optical imaging has not been opened, and only a few institutions of higher learning and research institutions have begun to purchase the equipment and conduct research. However, due to the advanced nature of optical imaging technology, we still have a very positive attitude towards the industry.
Global Photoacoustic Imaging has experienced a rapid development in recent years. With the improving process and reducing cost, Global Photoacoustic Imaging price has been fluctuated in last five years. In the next few years, we estimate the industry growth rate will still increase. We tend to believe that this industry has a promising developing future due to the rapid global economic development.
The global Photoacoustic Imaging market is valued at 42 million US$ in 2018 is expected to reach 160 million US$ by the end of 2025, growing at a CAGR of 18.6% during 2019-2025.
Market Segment by Manufacturers, this report covers
iThera Medical GmbH
Seno Medical Instruments
FUJIFILM VisualSonics
Kibero
TomoWave
Market Segment by Type, covers
Photoacoustic Tomography
Photoacoustic Microscopy
Intravascular Photoacoustic Imaging
Market Segment by Applications, can be divided into
Hospital
Research Institution
Pharmaceutical Factory
Others
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Related Information:
North America Photoacoustic Imaging Market Growth 2019-2024
United States Photoacoustic Imaging Market Growth 2019-2024
Asia-Pacific Photoacoustic Imaging Market Growth 2019-2024
Europe Photoacoustic Imaging Market Growth 2019-2024
EMEA Photoacoustic Imaging Market Growth 2019-2024
Global Photoacoustic Imaging Market Growth 2019-2024
China Photoacoustic Imaging Market Growth 2019-2024
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