India Photoacoustic Imaging Market Size & Outlook
India photoacoustic imaging market, 2018-2030 (US$M)
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India photoacoustic imaging market highlights
- The India photoacoustic imaging market generated a revenue of USD 2.4 million in 2023 and is expected to reach USD 8.8 million by 2030.
- The India market is expected to grow at a CAGR of 20.2% from 2024 to 2030.
- In terms of segment, photoacoustic tomography (pat) was the largest revenue generating product in 2023.
- Photoacoustic Tomography (PAT) is the most lucrative product segment registering the fastest growth during the forecast period.
Photoacoustic imaging market data book summary
| Market revenue in 2023 | USD 2.4 million |
| Market revenue in 2030 | USD 8.8 million |
| Growth rate | 20.2% (CAGR from 2023 to 2030) |
| Largest segment | Photoacoustic tomography (pat) |
| Fastest growing segment | Photoacoustic Tomography (PAT) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photoacoustic Tomography (PAT), Photoacoustic Microscopy (PAM) |
| Key market players worldwide | Advantest Corp, FUJIFILM Holdings Corp, Seno Medical Instruments, TomoWave Laboratories, iThera Medical, Vibronix, Aspectus |
Other key industry trends
- In terms of revenue, India accounted for 2.5% of the global photoacoustic imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China photoacoustic imaging market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 17.3 million by 2030.
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Photoacoustic Imaging Market Scope
Photoacoustic Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India photoacoustic imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to photoacoustic imaging market will help companies and investors design strategic landscapes.
Photoacoustic tomography (pat) was the largest segment with a revenue share of 62.5% in 2023. Horizon Databook has segmented the India photoacoustic imaging market based on photoacoustic tomography (pat), photoacoustic microscopy (pam) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of photoacoustic imaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India photoacoustic imaging market , including forecasts for subscribers. This country databook contains high-level insights into India photoacoustic imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India photoacoustic imaging market size, by product, 2018-2030 (US$M)
India Photoacoustic Imaging Market Outlook Share, 2023 & 2030 (US$M)
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