Market Overview:
The global optoacoustic imaging system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive diagnostic procedures and rising prevalence of chronic diseases. Based on type, the global optoacoustic imaging system market is segmented into photoacoustic tomography, photoacoustic microscopy, and intravascular photoacoustic imaging. Photoacoustic tomography is expected to account for the largest share of the global optoacoustic imaging system market in 2018 owing to its ability to provide high-resolution images with good contrast resolution. Based on application, the hospital segment is expected to account for the largest share of the global optoacoustic imaging system market in 2018 owing to rising demand for minimally invasive diagnostic procedures across hospitals worldwide.
Product Definition:
Optoacoustic Imaging System is a device that uses both light and sound waves to create an image of the inside of a body. It is used to help doctors detect tumors, cysts, and other abnormalities.
Photoacoustic Tomography:
The Photoacoustic Tomography (PAT) is a non-invasive medical procedure used to obtain real-time 3D images of internal body structures. It utilizes the phenomenon of photoacoustic imaging which occurs when light is absorbed by the blood cells and then released back as a wave which can be detected by the optical fiber. The optical fibers send and receive signals with different colors that are analyzed to get information about tissue layers, blood vessels, tumors or other tissues in the body.
Photoacoustic Microscopy:
Photoacoustic microscopy (PAM) is a kind of non-invasive optical imaging technology that utilizes the principle of photoacoustic signal generation to view biological tissues. The light used for PAM is usually infrared or ultraviolet and it's wavelength can be selected as per the tissue characteristics.
Application Insights:
Based on application, the market is segmented into hospital, research institution, pharmaceutical factory and others. The hospital segment dominated the overall market in terms of revenue in 2017 owing to increasing prevalence of chronic diseases such as cancer and heart disease. Moreover, growing government initiatives for promoting healthy lifestyle will boost optoacoustic imaging system demand over the forecast period. Optoacoustic imaging systems are widely used in hospitals for various applications including vascular surgery and diagnosis of lung disorders among others.
The research institution segment is expected to witness lucrative growth over the forecast period due to rising investments by private institutions for developing novel healthcare applications through advanced technologies such as optoacoustics.
Regional Analysis:
North America dominated the global optoacoustic imaging system market in 2017. This can be attributed to the presence of major players, such as PerkinElmer, Inc.; NIDEK Corporation; and Bio-Rad Laboratories, Inc. Moreover, increasing research activities for developing novel optoacoustic imaging systems is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure by various governments and private organizations in order to improve patient care standards and infrastructure facilities within hospitals. In addition, growing awareness about new diagnostic technologies such as photoacoustic tomography will further boost regional demand during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global optoacoustic imaging system market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which is resulting in the need for better diagnostic tools.
- Technological advancements: The optoacoustic imaging system market is witnessing rapid technological advancements, which is aiding in the growth of this market. These advancements are helping to improve the performance and accuracy of these systems, thus driving their adoption.
- Rising prevalence of cancer: The rising prevalence of cancer across the globe is leading to an increase in the number of patients requiring diagnosis and treatment. This is consequently fueling demand for optoacoustic imaging systems, as they offer accurate diagnosis and help reduce treatment time and costs associated with it significantly compared to other diagnostic techniques available today..
Scope Of The Report
Report Attributes
Report Details
Report Title
Optoacoustic Imaging System Market Research Report
By Type
Photoacoustic Tomography, Photoacoustic Microscopy, Intravascular Photoacoustic Imaging
By Application
Hospital, Research Institution, Pharmaceutical Factory, Others
By Companies
iThera Medical GmbH, Seno Medical Instruments, FUJIFILM VisualSonics, Kibero, TomoWave
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Optoacoustic Imaging System Market Report Segments:
The global Optoacoustic Imaging System market is segmented on the basis of:
Types
Photoacoustic Tomography, Photoacoustic Microscopy, Intravascular Photoacoustic Imaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Research Institution, Pharmaceutical Factory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- iThera Medical GmbH
- Seno Medical Instruments
- FUJIFILM VisualSonics
- Kibero
- TomoWave
Highlights of The Optoacoustic Imaging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Photoacoustic Tomography
- Photoacoustic Microscopy
- Intravascular Photoacoustic Imaging
- By Application:
- Hospital
- Research Institution
- Pharmaceutical Factory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optoacoustic Imaging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An optoacoustic imaging system (OAS) is a type of acoustic imaging system that uses light to image objects. OAS systems use either lasers or ultrasound to create images of objects.
Some of the key players operating in the optoacoustic imaging system market are iThera Medical GmbH, Seno Medical Instruments, FUJIFILM VisualSonics, Kibero, TomoWave.
The optoacoustic imaging system market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optoacoustic Imaging System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optoacoustic Imaging System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optoacoustic Imaging System Market - Supply Chain
4.5. Global Optoacoustic Imaging System Market Forecast
4.5.1. Optoacoustic Imaging System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optoacoustic Imaging System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optoacoustic Imaging System Market Absolute $ Opportunity
5. Global Optoacoustic Imaging System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optoacoustic Imaging System Market Size and Volume Forecast by Type
5.3.1. Photoacoustic Tomography
5.3.2. Photoacoustic Microscopy
5.3.3. Intravascular Photoacoustic Imaging
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optoacoustic Imaging System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optoacoustic Imaging System Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Research Institution
6.3.3. Pharmaceutical Factory
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optoacoustic Imaging System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optoacoustic Imaging System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optoacoustic Imaging System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optoacoustic Imaging System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optoacoustic Imaging System Demand Share Forecast, 2019-2026
9. North America Optoacoustic Imaging System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optoacoustic Imaging System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optoacoustic Imaging System Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Research Institution
9.4.3. Pharmaceutical Factory
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optoacoustic Imaging System Market Size and Volume Forecast by Type
9.7.1. Photoacoustic Tomography
9.7.2. Photoacoustic Microscopy
9.7.3. Intravascular Photoacoustic Imaging
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optoacoustic Imaging System Demand Share Forecast, 2019-2026
10. Latin America Optoacoustic Imaging System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optoacoustic Imaging System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optoacoustic Imaging System Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Research Institution
10.4.3. Pharmaceutical Factory
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optoacoustic Imaging System Market Size and Volume Forecast by Type
10.7.1. Photoacoustic Tomography
10.7.2. Photoacoustic Microscopy
10.7.3. Intravascular Photoacoustic Imaging
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optoacoustic Imaging System Demand Share Forecast, 2019-2026
11. Europe Optoacoustic Imaging System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optoacoustic Imaging System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optoacoustic Imaging System Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Research Institution
11.4.3. Pharmaceutical Factory
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optoacoustic Imaging System Market Size and Volume Forecast by Type
11.7.1. Photoacoustic Tomography
11.7.2. Photoacoustic Microscopy
11.7.3. Intravascular Photoacoustic Imaging
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optoacoustic Imaging System Demand Share, 2019-2026
12. Asia Pacific Optoacoustic Imaging System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optoacoustic Imaging System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optoacoustic Imaging System Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Research Institution
12.4.3. Pharmaceutical Factory
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optoacoustic Imaging System Market Size and Volume Forecast by Type
12.7.1. Photoacoustic Tomography
12.7.2. Photoacoustic Microscopy
12.7.3. Intravascular Photoacoustic Imaging
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optoacoustic Imaging System Demand Share, 2019-2026
13. Middle East & Africa Optoacoustic Imaging System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optoacoustic Imaging System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optoacoustic Imaging System Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Research Institution
13.4.3. Pharmaceutical Factory
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optoacoustic Imaging System Market Size and Volume Forecast by Type
13.7.1. Photoacoustic Tomography
13.7.2. Photoacoustic Microscopy
13.7.3. Intravascular Photoacoustic Imaging
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optoacoustic Imaging System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optoacoustic Imaging System Market: Market Share Analysis
14.2. Optoacoustic Imaging System Distributors and Customers
14.3. Optoacoustic Imaging System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. iThera Medical GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Seno Medical Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FUJIFILM VisualSonics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kibero
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TomoWave
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook