Photoacoustic Tomography Market To Witness Heightened Revenue of US$ 209.56 million by 2028, Exhibiting a CAGR of 19.2%- The Insight Partners

According to our latest study on "Photoacoustic Tomography Market Forecast to 2028 - COVID-19 Impact and Global Analysis - Geometry (Planar, Spherical and Cylindrical), Type (Intravascular Photoacoustic Tomography, Photoacoustic Microscopy, and Others), Application (Tumor Angiogenesis, Blood Oxygenation Mapping, Functional Brain Imaging, Skin Melanoma Detection, Methemoglobin Measuring, and Others) and End User (Hospitals, Diagnostics Imaging Centers, Academic & Research Institutes, and Others)," the market is expected to grow from US$ 61.12 million in 2021 to US$ 209.56 million by 2028; it is estimated to grow at a CAGR of 19.2% from 2021 to 2028.

Photoacoustic tomography is a type of biomedical imaging technique that utilizes the combination of optical and ultrasound technology for acquiring images of biological tissues without using ionizing radiations or excising tissue. Tomography imaging technique in vivo can be used for applications such as tumor angiogenesis monitoring, blood oxygenation mapping, detecting skin melanoma, functional brain imaging, and methemoglobin measuring.

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Some well-established companies influencing global Photoacoustic Tomography market trends are:
FUJIFILM VisualSonics Inc.; TomoWave Laboratories, Inc.; Advantest Corporation; kibero; Seno Medical Instruments; iThera Medical GmbH; Aspectus GmbH; OPOTEK LLC.; CYBERDYNE Inc.; and InnoLas Laser GmbH are among the leading companies in the photoacoustic tomography market.

By geography, the photoacoustic tomography market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Based on application, the photoacoustic tomography market is segmented into tumor angiogenesis monitoring, blood oxygenation mapping, functional brain imaging, skin melanoma detection, methemoglobin measuring, and others. The tumor angiogenesis monitoring segment held the largest share of the market in 2021.

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Based on geometry, the market is segmented into planar, spherical, and cylindrical. On the basis of type, the photoacoustic tomography market is divided into intravascular photoacoustic tomography,photoacoustic microscopy, and others. Based on application, the photoacoustic tomography market is segmented into tumor angiogenesis monitoring, blood oxygenation mapping, functional brain imaging, skin melanoma detection, methemoglobin measuring, and others. Based on end user, the market is segmented into hospitals, diagnostics imaging centers, academic & research institutes, and others.

Photoacoustic (PA) imaging has a major application in the monitoring of hemodynamics and changes in blood oxygenation (sO2), which are indicators of brain activity or injury. In clinical practice, brain injury monitoring techniques can vary widely with the specific application. While there are various techniques that can image hemodynamics, PA imaging can potentially provide better functional information and higher resolution. The ongoing research for the development of technologies for blood oxygenation mapping is driving the growth of the photoacoustic tomography market for this segment.

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