The growth of the Perfusion Imaging Market is attributed to the prevalence of neurological and cardiovascular diseases across the globe. The demand for perfusion imaging is significantly surging owing to its use for the diagnosis of several chronic disorders. The increasing perfusion imaging market share is majorly attributed to the demand for this technique to evaluate primary body functions by means of assessing the number of metabolic and functional parameters.
Perfusion imaging is known as a non-invasive imaging test that explains the process of blood flow via tissues and organs. It assists in recognizing nutritive blood supply to a vital element of tissue and perfusion imaging procedures effectively generate both perfusion measurements and perfusion maps of the area of specific interest. In the perfusion imaging market, the application of such techniques of imaging has been growing over the years. Various perfusion imaging tools are widely available in the market. These tools range from microspheres to computed tomography. These imaging tools assist in mapping the blood flow through the brain’s vascular network.
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The global Perfusion Imaging Market is anticipated to create opulent growth over the forecast period by exhibiting a total CAGR of 6.8% throughout the forecast period from 2022 to 2032. The global market is estimated to reach US$ 2.1 Bn in 2022 and is anticipated to reach US$ 8.3 Bn by 2032.
The global perfusion imaging market is anticipated to exhibit a steady CAGR throughout the forecast period attributing to constant product innovation and product launch, increasing need for new and updated techniques, and non-invasively measuring several hemodynamic parameters. Furthermore, the increasing occurrence of neurological and cardiovascular ailments is primarily driving the growth of the global perfusion imaging market. In 2017, the according to the American Heart Association Statistics Committee and Stroke Statistics Subcommittee, nearly 795,000 people in the United States had a stroke, out of which nearly 610,000 were first-time strokes, and 185,000 were intermittent strokes. Most individuals across the globe are embracing a sedentary lifestyle owing to accelerating urbanization and increasing middle-class income.
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.
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- 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.
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.
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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
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By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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