In-vivo imaging market is presumed to register a significant CAGR during the forecast period (2017-2023) owing to the increasing prevalence of cancer, asserts Market Research Future (MRFR). In vivo imaging can be referred to the visualization of various life processes in an organism.
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.
In-Vivo Imaging Market Competitive Analysis by Major Key Players
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.
major players operating the global market are,
New England Biolabs
FUJIFILM VisualSonics Inc.
Biospace Lab S.A.
and TRIFOIL IMAGING
The global in vivo imaging market has been segmented on the basis of application, end-users, techniques, and region.
By mode of application, the global in vivo imaging market has been segmented into optical imaging, nuclear imaging, and others.
By mode of techniques, the global in vivo imaging market has been segmented into biomarkers based, radioisotopes based, luminescent proteins-based techniques, and others.
By mode of end-users, the global in vivo imaging market has been segmented into imaging centers, hospitals and clinics, research organizations, and others.
Hospitals and clinics
In-vivo imaging systems manufacturers and suppliers
Academic institutes and universities
Research and development (R&D) companies
Healthcare service providers
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In-Vivo Imaging Market Regional analysis
The Americas holds the largest market share owing to increasing prevalence of cancer, the presence of developed countries such as the U.S. and Canada in the region.
Europe holds the second largest market share. Factors such as increasing healthcare expenditures, rapid advancements in the healthcare services and technology will boost the market.
Asia Pacific market is expected to grow rapidly due to the presence of developing economies such as India and China, which are adopting new technologies in the medical service sector.
The Middle East & Africa will show the least growth owing the region’s low penetrance in the market. Factors such as lack of awareness and low per capita income will restrain the market in Africa. The market will be lead by the countries like Saudi Arabia in the Middle East.
TABLE OF CONTENT
- Report Prologue
2.2 Scope Of The Study
2.3 Research Objective
2.6 Market Structure
2.7 Market Segmentation
- Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
- Market Dynamics
4.4 Mega Trends
…To be Continued.
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The report for the global In Vivo Imaging Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
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