Bio-Imaging Market Size, Share & Analysis| Industry Report 2024

The global bio-imaging market was valued at $2.2bn in 2015 and is forecast to grow at a modest 16.4% CAGR between 2015 and 2024, culminating in 2024 global sales of $8.6bn.

Bio-imaging is the most advanced form of the non-invasively visualized biological process of living objects or systems. It doesn’t interfere with life process, however, helps to obtain the 3-D structure of observed specimen from the outside. It helps in observation of subcellular structure to the entire cell to tissue and entire multicellular organism. There could be various sources for imaging as (light, fluorescence, electrons, ultrasound, X-ray, magnetic resonance and positrons).

Bio-imaging has seen development in recent time with the inclusion of super-resolution, two-photon fluorescence excitation microscopy, fluorescence recovery/redistribution after photobleaching (FRAP). Image processing methods, such as denoising, segmentation, de-convolution and registration methods has added significance to the overall process.

Need for accurate diagnosis, physician’s lack of time and increasing number of bio-imaging diagnostic centers will be driving force behind bio-imaging technology. With the advancement of bioinformatics and healthcare IT, usage of bio-imaging is going to increase.

Increasing aging population, lifestyle diseases, rising cases of cancer disease, there is a growing demand for continuous diagnostics and early stage diagnosis. Improved R&D in molecular imaging technologies are anticipated to drive the bio-imaging market. With recent development such as pill camera, system design improvement and network within hospital and doctors located in different parts of the world are going to increase the demand for the bio-imaging industry.

Estimated Average product cost – $ xx globally. However, with improving access and availability of options; OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

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Key findings from the study: -

• The flourishing biotechnology and pharmaceutical industry, and rise in the number of contract manufacturing organization is another factor driving market growth.
• The rapid upsurge in demand for multimodal imaging systems paired with the growth potential presented by the emerging markets may also boost product demand.
• Key players include Intrinsic Imaging LLC, BioClinica Inc, Biomedical Systems, ICON plc, Biotelemetry, WorldCare Clinical LLC, and IXICO PLC. Companies in this space focus on increasing their R&D investments to develop innovative and high-efficiency products in an attempt to outperform their competition.

Ameri Research has segmented the Bio-Imaging Market by product type, Technology Outlook:

Market Segmentation:

Global Bio-Imaging Market Regional Outlook (Revenue, USD Million, 2014-2024)
• North America
o U.S.
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain

• Asia Pacific
o Japan
o China
o India
o Australia

• Latin America
o Brazil
o Mexico
o Columbia

• Middle East and Africa
o South Africa
o Saudi Arabia

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