Photoacoustic Imaging Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global photoacoustic imaging market is anticipated to grow at a significant CAGR of 10.9% during the forecast period (2023-2030). An increase in demand for detection and diagnosis of tumour angiogenesis monitoring, blood oxygenation mapping, functional brain imaging, skin melanoma detection, and methemoglobin measuring drive the growth of the photoacoustic imaging market. According to the World Health Organization (WHO), in July 2023, there were 2.3 million women diagnosed with breast cancer and 685,000 deaths globally in 2020. As of the end of 2020, there were 7.8 million women alive who were diagnosed with breast cancer in the past 5 years, making it the global most prevalent cancer. Photoacoustic imaging (PAI) is a high-tech medical instrument that combines laser absorption spectroscopy and ultrasound imaging, commonly used to assess the function of the brain.

Companies are focusing on photoacoustics for molecular neuroimaging with biomarkers and functional neurobiology.For instance, in July 2023, Seno Medical's technology launched platform for the Imagio Breast Imaging System, that includes photoacoustic imaging, has been added to the Digital Imaging and Communications in Medicine (DICOM) Standards update version 2023c. The DICOM standard is managed by the Medical Imaging & Technology Alliance, a division of the National Electrical Manufacturers Association. Image display conditions can be imported as a configuration file, enabling easy comparisons of measurement data. The user-friendly 3D image viewer is an ideal tool for dermatological research in the fields of beauty and healthcare.

Further, in May 2022,FUJIFILM VisualSonics Inc., a in ultra-high frequency ultrasound and photoacoustic imaging systems, launched of Vevo F2, the global first ultra-high to low frequency (71MHz-1MHz) ultrasound and photoacoustic imaging system for preclinical use. The Vevo F2 features HD image processing technology and introduces a completely new signal pathway - from transducer to display screen. Using photoacoustics, their focus is on molecular neuroimaging with biomarkers and functional neurobiology. An important property ofphotoacoustic imaginghigh optical absorption from hemoglobin molecules is, photoacoustic imaging can map out hemo distribution and dynamics in breast tissue and identify malignant lesions based on tumor associated angiogenesis and hypoxia. , Furthermore, in April 2022, Advantest Corp. launched a new 3D image viewer, the Euclid, for its Hadatomo series of photoacoustic microscopes. The Euclid can display 3D images by superimposing data on melanin in the skin, the vascular network, and the skin structure, as measured by a Hadatomo tool, and can also easily create tomographic images.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-

By Product
By Type
By Application
By End-Users
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes FUJIFILM Holdings Corp., Advantest Corp., CYBERDYNE, Inc., Siemens Healthineers, PA Imagining R&D B.V., and others.
Photoacoustic Imaging Market Report Segment

By Product

Imaging Systems
Lasers
Transducers
By Type

Tomography
Microscopy
By Application

Oncology
Cardiology
Neurology
Haematology
Others
By End-Users

Hospitals
Diagnostic Imaging Centers
A full Report of Photoacoustic Imaging Market is Available @ https://www.omrglobal.com/industry-reports/photoacoustic-imaging-market

Photoacoustic Imaging Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

Aspectus GmbH
EKSPLA
ENDRA Life Sciences Inc.
Hübner Photonics GmbH
illumiSonics Inc.
InnoLas Laser GmbH
InnoLas Laser GmbH
iThera Medical GmbH
Kibero GmbH
NanoHybrids
OPOTEK LLC
Optoacoustics Ltd.
Photosound Technologies Inc.
Seno Medical Instruments, Inc.
Teem Photonics
TomoWave Laboratories, Inc.
Verasonics, Inc.
Vibronix Inc.
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