Syndicated Research Studies

Photoacoustic Imaging Industry Overview The global photoacoustic imaging market size was valued at USD 61.6 million in 2020 and is anticipated to grow at a compound annual growth rate (CAGR) of 19% over the forecast period. The increasing incidence of cancer, primarily breast cancer, and rising research studies in the fields of non-ionizing radiation for imaging are boosting the market growth. For instance, according to the WHO, in 2020, there were about 2.3 million women diagnosed with breast cancer and 685,000 deaths worldwide. In addition, the growing scope of applications is equally contributing to the market expansion. Photoacoustic Imaging (PAI) is superior to other diagnostic imaging systems as it uses non-ionizing radiation to examine tissues in real-time with high resolution and contrast, at long penetration depths, and allowing morphological, functional, and molecular imaging of living subjects. Gather more insights about the market drivers, restrains and growth of the Gl...