Market Research Future published a Half-Cooked Research Report on “Global In-vivo Imaging Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
In vivo imaging refers to the visualization of various life processes within an organism. On the basis of this visualization, any abnormality prevailing within the biological systems can diagnosed as the presence of disease. With the increasing global burden of diseases, the demand for effective diagnosis and real time monitoring of treatment’s efficiency during the therapeutic period also increasing. This lead to the development of the in-vivo imaging techniques that facilitates better monitoring and diagnosis at molecular levels. In-vivo imaging techniques involves various technologically advanced paradigms that are used in diagnosis of various types of diseases such as cancer etc. In vivo imaging involves studying the cells’ interaction with the radioisotopes, biomarkers, luminescent proteins, or irradiations with electromagnetic radiations. On the basis of these interactions, the diagnosis and the treatment evaluation is done. Various techniques of in-vivo imaging includes techniques from PET (Positron Emission Tomography) to Diffuse Optical Tomography (DOT).
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As per WHO report published in 2017, about 1 in 6 deaths occurred due to cancer in 2015, which made it the second leading cause of the deaths across the globe. Additionally, various types of cancer across the world caused about 8.8 million deaths in 2015, which boosted the market. Moreover, a report by the National Cancer Institute published in 2016 states that about 1.6 million new cases of cancer were diagnosed in 2010 and the national expenditures for cancer expected to reach USD 156 billion by 2020 from USD 125 billion in 2010. Therefore based on these facts, it can be calculated that the market for in-vivo imaging will expand along with the increasing demands for diagnosis and research on cancer. This will enable the U.S. to lead the market.
Rising healthcare expenditures and increasing prevalence of cancer followed by R&D in the imaging technology for the diagnosis of various types of diseases such as cancer are the major drivers of the market growth. However, factors such as lack of awareness, uneven distribution of medical services over the regional boundaries, and low healthcare expenditures in developing countries may hamper the market growth over the assessment period.
Global In vivo Imaging Market Players:
Bruker, MILabs B.V., FUJIFILM VisualSonics Inc., Mediso Ltd., LI-COR, Inc., Aspect Imaging., TRIFOIL IMAGING, MR Solutions, Biospace Lab S.A., and New England Biolabs.
The Global In Vivo Imaging Market has been segmented on the basis of applications, techniques, and end users.
Based on the application, the market has been segmented as nuclear imaging, optical imaging, and others.
Based on the techniques, the market has been segmented as radioisotopes based, biomarkers based, luminescent proteins based technique, and others.
Based on the end users, the market has been segmented as hospitals & clinics, imaging centers, research organizations, and others.
The Americas holds the largest market share and will continue to lead the marker during the given period due to high healthcare expenditures, the presence of global players, and high acceptance of new technologies within the region.
Europe is the second largest market owing to the presence of effective healthcare structure and well-developed economies.
Asia Pacific region is expected to grow rapidly. China and India are likely to lead this market due to the fastest growing healthcare sector during the forecast period.
The Middle East & Africa have the least market share. Additionally, factors such as lack of awareness, low healthcare expenditures will restrain the market during the corresponding period.
In vivo Imaging Market Table of Content
1 Report Prologue
2.2 Scope of the Study
2.3 Research Objective
2.6 Market Structure
2.7 Market Segmentation
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.4 Mega Trends
4.5 Macroeconomic Indicators
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