Report : Europe Photoacoustic Tomography Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Geometry (Planar, Cylindrical, and Spherical), Type (Intravascular Photoacoustic Tomography, Photoacoustic Microscopy, and Others), Application (Tumor Angiogenesis, Blood Oxygenation Mapping, Functional Brain Imaging, Skin Melanoma Detection, Methemoglobin Measuring, and Others), and End User (Hospitals, Diagnostic Imaging Centers, Academic & Research Institutes, and Others)
Intravascular Photoacoustic Tomography Segment to Dominate Europe Photoacoustic Tomography Market during 2020–2028
According to a new market research study on “Europe Photoacoustic Tomography Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Geometry, Type, Application, and End User” is expected to reach US$ 65.28 million by 2028 from 19.31 US$ million in 2021. The market is estimated to grow at a CAGR of 19.0% from 2021 to 2028. The report provides trends prevailing in the Europe photoacoustic tomography market along with the drivers and restraints pertaining to the market growth. Rising instances of cardiovascular diseases is the major factor driving the growth of the Europe photoacoustic tomography market. However, issues associated with various defects in photoacoustic tomography hinders the growth of Europe photoacoustic tomography market.
The Europe photoacoustic tomography market is segmented into geometry, type, application, end user, and country. Based on geometry, the photoacoustic tomography market is segmented into planar, cylindrical, and spherical. The planar segment held the largest share of the market in 2021. Based on type, the market is categorized into intravascular photoacoustic tomography, photoacoustic microscopy, and others. The intravascular photoacoustic tomography segment held the largest share of the market in 2021. Based on application, the market is segmented into tumor angiogenesis, blood oxygenation mapping, functional brain imaging, skin melanoma detection, methemoglobin measuring, and others. The tumor angiogenesis segment held the largest market share in 2021. Based on end user, the market is segmented into hospitals, diagnostics imaging centers, academic and research institutes, and others. The hospital segment held the largest market share in 2021. Based on country, the Europe photoacoustic tomography market is segmented into the France, Germany, Italy, Spain, the UK, and the Rest of Europe.
Advantest Corporation; Aspectus GmbH; CYBERDYNE INC.; FUJIFILM Visualsonics Inc.; InnoLas Laser GmbH; iThera Medical GmbH; and Kibero are among the leading companies in the Europe photoacoustic tomography market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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