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.
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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.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Product
o By Type
o By Application
o By End-Users
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includes FUJIFILM Holdings Corp., Advantest Corp., CYBERDYNE, Inc., Siemens Healthineers, PA Imagining R&D B.V., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 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
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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
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