The global Photoacoustic Imaging Market will be worth USD 175.8 million by 2027, according to a current analysis by Emergen Research. It is also known as optoacoustic imaging which can be defined as a hybrid imaging technique with a high potential in clinical biomedical application areas as well as multi-scale preclinical matters. It is one of the rapidly growing biomedical imaging modalities of the decade, providing sustainable imaging resolution and depth, along with optical spectroscopic contrast, thereby making it an ideal solution for real-time functional, structural and molecular imaging of tissue. The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study. The report emphasizes the demands and ongoing trends of the global Photoacoustic Imaging market, more importantly, across the major regions of the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals.
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Currently, PA imaging has also extended to biomedical and medical markets. The major segments are namely clinical (early stage diagnosis) and pre-clinical (drug efficiency monitoring on small animal), analytics (flow cytometry and microscopy for in vitro diagnosis). In 2019, the total PAI biomedical and medical market was valued nearly at USD 36.5 million, because of the analytics and pre-clinical segments. According to our analysts, it is forecasted to touch the USD 241 million by 2022. A steep increase in the growth curve has been prevalent from 2018, mainly because of the launch of clinical products that were approved in 2017, like the Imagio system from Seno Medical Instruments, US. The primary application areas that are likely to benefit from clinical products are cardiovascular diagnostics, cancer research, brain imaging, therapy monitoring, dermatology and drug developments..
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