Global BioImaging Technologies Market Insights, Opportunity Analysis, Market Shares and Forecast 2016 - 2022
The global bio-imaging market is anticipated to grow at a significant CAGR during forecast period 2016 to 2022. The bio-imaging denotes tools and technologies which are used to generate functional and structural images of living things or systems. Medical imaging in bio-imaging contains use of technology and processes to generate images of the functional areas and tissues of the living body to the molecular level. This helps diagnose disease and also supports establish database of standard anatomy and physiology for future study. In addition to this, molecular biology in bio-imaging is allied to the temporal and spatial arrangement of biological macromolecules. Bio-imaging also includes radiology which provides various imaging technologies such as nuclear medicine functional imaging techniques, medical photography, tactile imaging, thermography, endoscopy, elastography, magnetic resonance imaging, medical ultrasonography or ultrasound and X-ray radiography. Medical imaging is well thought-out as a set of techniques which provides images of internal structures of the body non-invasively. Bio-imaging objects improve human health with the use of imaging techniques to advance diagnosis, and for treatment of human diseases.
The global bio-imaging technologies market is segmented on the basis of different type of technologies and geography. On the basis of different technologies, the market of bio-imaging technologies is segmented into medical bio-imaging and molecular bio-imaging. The bio-imaging technology is further classified as optical coherence tomography, ultrasound imaging, magnetic resonance, optical, radiological nano-bio imaging and others. Due to increasing demand for women health imaging, healthcare IT and bioinformatics industry is further projected to drive the market growth. The number of radiological medical procedures is anticipated to increase significantly with better healthcare policies and increased availability of medical equipment. Another important factor which helps drive the market is introduction of picture archiving and communication systems (PACS) and telemedicine, Moreover bio-imaging outcomes from different technologies is shared across numerous countries and states which radically speeds up diagnosis and treatment.
Based on geography, the bio-imaging technology market is further segmented into four major regions, namely North America, Europe, Asia-Pacific and Rest of the World. North America leads the global bio-imaging technologies market owing to large number of firms involved in the development and distribution of bio-imaging systems. Increasing number of new hospitals across the US and Europe and emerging economic regions such as China and India is also anticipated to boost the growth of bio-imaging market. Advancements of technology such as use of digital imaging are providing wireless allocation of important information among several team members. Other advancement of technology includes systems design, pill camera, portable technology and hybrid imaging.
Some of the key players contributing to the global bio-imaging technologies market include BioClinica Inc., FONAR Corporation, Bayer HealthCare Pharmaceuticals, Covidien Pharmaceuticals, Digirad Corporation, EsaoteS.p.A,Bracco Imaging S.p.A, Hitachi Medical Corporation, Gamma Medica Inc., GE Healthcare, Positron Corporation, Philips Healthcare, SonoSite Inc., Siemens Healthcare, Toshiba Medical Systems Corporation. Acquisition, partnership and R&D are the key market strategies for the growth of the market. For example, in January 2016, the Bioclinica, Inc., a clinical trials services and technology provider, announced that it acquired Clinverse, Inc.
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