In vivo imaging facilitates the early detection of biological abnormalities in a living being and helps in curbing its ill effects which have catalyzed the demand in the global in vivo imaging market. Market Research Future (MRFR) has unfolded in its latest report that the global in vivo imaging market will witness demand escalation leading to maximization of profits by 2023.
The potential of in vivo imaging industry has been proven in treating lethal diseases such as cancer, tumor, etc. which has led to its rapid adoption in the healthcare sector. According to a report published by the World Health Organization (WHO) in 2017, one out of every six deaths had been caused by cancer in 2015. National Cancer Institute, the U.S., reveals that about 1.6 million new cases of cancer were diagnosed in 2010. It also highlighted that the healthcare expenditure for cancer treatment would reach approximately USD 156 Bn by 2020 from USD 125 Bn in 2010. The rising burden of cancer has generated the demand for integrating in vivo imaging solutions into cancer diagnosis for effective treatment
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Among the major factors that can promote the in vivo imaging market, increasing healthcare expenditures can be considered the most important. Prevalence of chronic diseases has spurred a rise in customized drug manufacturing where in vivo imaging can play a significant role. But the market can get leashed by factors such as lack of awareness and high operational cost. But the overhauling changes taking place in the healthcare sector in both developed and developing countries can ensure that the growth would not remain sluggish for long.
MRFR in their published report on the in vivo imaging market segmented the market by application, end-users, and techniques for better understanding.
Based on the application, the global in vivo imaging market include optical imaging, nuclear imaging, and others.
Based on the techniques, the in vivo imaging market comprises biomarkers based, radioisotopes based, luminescent proteins-based techniques, and others. Biomarkers are getting traction owing to its easy operational technique.
Based on the mode of end-users, the in vivo imaging market has been segmented into imaging centers, hospitals and clinics, research organizations, and others. Research organizations are getting a substantial pat on the back as their innovative ideas are delivering results.
In-vivo Imaging Market Regional Analysis:
Geographically, as per the MRFR report, the in vivo imaging market encompasses regions namely, America, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
The Americas is the current leading region with the maximum market share. The region is benefiting much from the healthcare sectors tendency to implement the latest technologies to better the service. At the same time, in the research and development sector, bioresearch institutes, pharmaceutical laboratories, and others are expected to provide manifold traction by having in-depth research in the sector. Investments made by both public and private sectors can be considered another major market influencer.
Europe’s growth is quite expected as its market demography are quite similar to that of North America. Research sector is booming with initiatives taken by governments in the region.
The APAC region is expected to witness significant growth due to the presence of countries such as India and China who are adopting technological changes in various sectors. In addition, many market titans are targeting the region as their next expansion stop for various cost-effective facilities.
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Remarkable players profiled in the in vivo imaging market report are FUJIFILM VisualSonics Inc., Bruker, MILabs B.V., Aspect Imaging., TRIFOIL IMAGING, Mediso Ltd., LI-COR, Inc., MR Solutions, Biospace Lab S.A., and New England Biolabs.
CERN is leading an initiative ATTRACT that has its focus on the imaging technology, and it would include myriad sectors such as energy, ICT, process industries, aeronautics, manufacturing, medicine, space, robotics, and transport. Others participating in the research are the European Southern Observatory (ESO), European Molecular Biology Laboratory (EMBL), the European XFEL, the European Synchrotron Radiation Facility (ESRF), Institut Laue-Langevin (ILL), Aalto University, the European Industrial Research Management Association (EIRMA) and ESADE.
Table Of Content
1. Report Prologue
3. Research Methodology
4. Market Dynamics
4.4 Mega Trends
4.5 Macroeconomic Indicators
Market Factor Analysis
5.1 Value Chain Analysis
5.2 Porter’s Five Forces Analysis
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
5.6 Merger And Acquisition Landscape
5.7 Upcoming Trends
5.7.1 Market Trends
5.7.2 Technological Trends
5.7.3 Insurance & Regulations
Global In Vivo Imaging Market, By Application
6.2 Nuclear Imaging
6.3 Optical Imaging
6.3.1 Fluorescence Imaging
6.3.2 Bioluminescence Imaging
To be continued…
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