The global perfusion imaging market demand is on a trajectory of remarkable growth, marking an estimated value of US$ 2.1 Billion in 2022. With an anticipated surge, experts project this market to reach an astounding US$ 8.3 Billion by 2032, attributing this expansion to the rising prevalence of neurological and cardiovascular diseases worldwide.
A recent report by FMI highlights the significant strides in the perfusion imaging sector. The market is anticipated to exhibit a compelling Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period from 2022 to 2032. This substantial growth underscores the increasing demand for advanced diagnostic tools and techniques to address the escalating incidences of neurological and cardiovascular ailments globally.
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“The surge in neurological and cardiovascular diseases underscores the critical need for advanced imaging technologies,” stated Future Market Insights, emphasizing the market’s potential growth trajectory. “Perfusion imaging stands at the forefront, offering precise diagnostic capabilities crucial for effective disease management and treatment planning.”
Factors driving this surge in the perfusion imaging market include the growing support from healthcare organizations, technological advancements enhancing imaging resolution and accuracy, and an increasing emphasis on early disease detection for better patient outcomes.
This market’s impressive growth aligns with the healthcare industry’s commitment to improving diagnostic capabilities and treatment modalities, fostering a more effective approach to combatting complex medical conditions.
The forecasted rise of the perfusion imaging market presents substantial opportunities for industry players, healthcare providers, and investors to engage in the development and adoption of cutting-edge imaging technologies.
Key Takeaways:
- Brain tumors, tumor-related angiogenesis, increasing geriatric population, rising prevalence of organ transplantation, several initiatives by government and NGO to promote organ donation, more cases of multiple organ failures, rising investments in cell-based research, and escalation in biologic manufacturing are some of the other market growths supporting factors.
- A sedentary lifestyle with less physical activity and increasing adoption of processed food are resulting in individuals with increased cardiovascular issues now than ever. In the data published in 2022 by the CDC, it has been mentioned that in the United States, every year, nearly 805,000 individuals suffer a heart attack, and out of this, nearly 605,000 individuals experience a heart attack for the very first time.
- The surging health conditions where organ transplantation is required is also considered a dominant factor that is anticipated to bolster the growth of the market during the forecast period. Based on the initial data from the United Network of Organ Sharing, in 2021, the United States recorded a 5.9% rise in organ transplants 2020.
- The data further states that approximately 13,800 Americans became deceased organ donors in the same year. Some of the key opportunities of the perfusion imaging market are soaring preference for continuous manufacturing and increasing pharmaceutical research in emerging markets.
- In addition to that, the drivers and opportunities of the global perfusion imaging market are predicted to accelerate the market growth phenomenally over the projection period. Various other recent developments in the perfusion imaging market include new radioactive material with a shorter life span. It lowers patients’ exposure to radioactive material. However, high treatment costs, expensive devices, and poor hi-tech healthcare penetration in lower-income regions will further restrain the growth of the perfusion imaging market. One of the key challenges mentioned in the perfusion imaging market report is the organ supply-demand gap.
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Competitive Landscape:
Some of the prominent companies in the global perfusion imaging market are GE Healthcare, Toshiba Medical System., Positron, Aetna Inc, NeuSoft, Bracco, Cigna, kmhlabs, Perimed AB., Siemens Health, Philips Healthcare, and Lantheus Medical Cardiac Imaging Solutions Inc.
More Insights into the Perfusion Imaging Market:
The North American region is anticipated to dominate the global perfusion imaging market by accounting for the maximum share over the projection period. Various factors accounting for the same are increasing incidences of cardiovascular infections, tumor-associated angiogenesis, cerebrum tumors, etc.
In addition to that, there is a presence of manufacturing sites of some of the primary perfusion imaging product manufacturers, and this is said to generate more revenue for the perfusion imaging market in this region.
Key Segments:
By Product Type:
- Microspheres
- Computed Tomography
- Magnetic Resonance Imaging
- Other Product Types
By Application:
- Ventilation Perfusion Imaging
- Myocardial Perfusion Imaging
- Functional Brain Imaging
- Testicular Torsion Detection
- Other Applications
By End User Type:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Home Care Settings
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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