Global Bio-Imaging Technology Market Research and Forecast, 2019-2025

Global bio-imaging technology market size, share & trends, analysis report by type (medical bio-imaging, molecular bio-imaging) forecasts 2019-2025
INDORE, India - April 16, 2019 - PRLog -- According to OMR analysis, the market is influenced by rising geriatric population across the globe coupled with the increasing prevalence of chronic diseases such as cancer. The market finds application in disease diagnosis and any advancements in medical and molecular imaging technologies is expected to drive to the growth of the market. Moreover, it is estimated that till 2050, the proportion of the world's population over 60 years will almost double from 12% to 22%

Global Bio-Imaging uses various advanced imaging techniques to diagnose, treat and prevent diseases by taking snapshots of human tissues and anatomy at a molecular level. It involves minimum involvement of medical practitioners, who are able to supply 3D Structures of living human. Also, imaging of removed organs and tissues can be performed. The aim is to improve human health with use of imaging techniques.

Increasing investments in R&D for bio-imaging technologies are expected to drive the growth of the market. In addition, the result obtained from bio-imaging technologies can be shared across countries, which speeds up diagnosis and treatment. Moreover, the advancement of technology such as portable technologies, hybrid imaging, pill camera, and others are the other important factors to enhance information sharing among hospitals and doctors across countries. Thus, the growing demand for IT in healthcare and bioinformatics industry is projected to propel demand.

The market is segmented on the basis of the type of technology. On this basis, it is segmented into medical Bio-Imaging and molecular bio-imaging. Medical Bio-Imaging technology finds application in examination and diagnosis of various diseases whereas molecular bio-imaging technologies determine the arrangement of biological macromolecules in the body. Moreover, these technologies have been further classified as Nano bio-imaging, biomarkers, and molecular probes for molecular bio-imaging, and MRI, PET-CT, ultrasound, radiological imaging and optical imaging for medical bio-imaging.

Geographically, North America and Europe have a substantial number of institutes and firms involved in the development and implementation of these systems. North America followed by Europe is expected to dominate the industry owing to the high adoption of innovative technology. The rising number of hospitals is projected to drive growth in these regions. Moreover, Asia-Pacific regions such as China and India are expected to be key potential markets for this technology which is attributed to the rising demand for the healthcare system. Further, Japan is also projected to exhibit substantial growth in the market over the period.

The key market players operating in this market are Canon Medical Systems Corp., Bayer AG, FUJIFILM SonoSite, Inc., Koninklijke Philips N.V., Shimadzu Corp.

Region Covered

· North America (the US and Canada)

· Europe (UK, Germany, France, Spain, and Italy)

· Asia-Pacific (China, India, South Korea, and Japan)

· Rest of the Word (the Middle East & Africa and Latin America)

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