With a predicted CAGR of 18.5% during the forecast period, the worldwide Photoacoustic Microscopy Market is anticipated to generate revenues of around US$ 490 million by 2032, up from US$ 86 million in 2022. (2022-2032).
Photoacoustic Microscopy is rapidly emerging biomedical imaging technique with high detection sensitivity and spatial resolution in deep tissue. Advances in the imaging techniques and improved resolution and sensitivity over the past years is expected to drive the photoacoustic microscopy market. Development of new imaging techniques and advanced probes for the non-invasive monitoring of physiological and pathological processes in deep tissue which spur the photoacoustic microscopy market. Development of a novel techniques of non-invasive biomedical imaging based on the use of laser-generated acoustic waves for visualizing the internal function and structure of soft tissues is expected to boost the Photoacoustic Microscopy market. Growing adoption of photoacoustic microscopy for the application such as oncology is one the factor which spur the photoacoustic microscopy market.
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However, high cost of Photoacoustic Microscopy and lack of awareness in the under developed and developing countries will hinder the Photoacoustic Microscopy market.
Photoacoustic Microscopy is hybrid in-vivo imaging technique that detects optical contrast via the Photoacoustic effect. Photoacoustic Microscopy derives image contrast from the optical absorption coefficient of the tissue being imaged. Photoacoustic microscopy helps to differentiate between the healthy and diseased tissue with high resolution and deeper penetration. Photoacoustic Microscopy offers various advantage over existing imaging modalities. Photoacoustic Microscopy are used for many applications such as detecting and diagnosing disease tissues. Photoacoustic Microscopy is also used in therapeutic applications to identify and characterize pathology and monitor the treatment. Photoacoustic microscopy adds a laser to the ultrasound hardware systems which enables the measurement of photoacoustic waves additionally to ultrasound pulse-echo waves. Photoacoustic Microscopy consists of an inverted optical microscope, an ultrasound transducer which records measurement from the sample.
Photoacoustic Microscopy: Key Players
Some of the key players present in the global photoacoustic microscopy market are Kibero GmbH, Verasonics, Inc., Fujifilm Holdings Corporation, among others.
The report covers exhaustive analysis on,
- Photoacoustic Microscopy market Segments
- Photoacoustic Microscopy market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Photoacoustic Microscopy market Size Forecast 2016 to 2024
- Photoacoustic Microscopy market Current Trends/Issues/Challenges
- Competition Companies involved
- Photoacoustic Microscopy market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific Excluding China
- China
- Middle East Africa
Segmentation by Method
- Reconstruction-based Photoacoustic Computed Tomography
- Scanning-based Photoacoustic Microscopy
Segmentation by Application
- Oncology
- Vascular disease
- Skin Disorders
- Others
Segmentation by End User
- Hospitals
- Cancer Research Institutes
- Diagnostic Laboratories