Micro Market Monitor: Global Hyperspectral Imaging Market

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Dec 16, 2014, 11:14 ET

DUBLIN, Dec. 16, 2014 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/wx6rnj/micro_market) has announced the addition of the "Micro Market Monitor: Global Hyperspectral Imaging Market" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

The global intraoperative imaging market is estimated to grow at a CAGR of 3.5% from 2014 to 2019. The global intraoperative imaging market holds a high potential for growth in future owing to a number of forces favoring this market, such as the need for reproducibility and accuracy, rising labor costs, technological advancements, and growth in government and venture capitalist investments. Automation in this field is benefitting physicians, imaging technicians, as well as patients.

The demand for high-end automated imaging devices is on the rise and is moving in tandem with the increasing need of highly sophisticated imaging technologies, which can offer reliable and quick results. However, factors such as varied stringency of regulatory procedures across the globe and patient safety concerns are expected to restrain the growth of this market in the coming years.

Moreover, an excise tax of 2.3% is being levied on medical devices in the U.S. This is expected to hinder the growth of this market to some extent. An increase in the number of collaborations among different market players and automation in cancer research for early cancer detection provide opportunities for advancements in this market.

In this report, the global intraoperative imaging market is broadly classified on the basis of product types. The products segment is classified into intraoperative MRI, intraoperative CT, and intraoperative ultrasound. Furthermore, based on type, the intraoperative CT market has been segmented further into mobile intraoperative CT, fully intraoperative suites, and O-arms and similar products.

Geographically, the market is divided into four major regions, namely North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America holds a major share in the global intraoperative imaging market, having accounted for 63.6% of the market in 2013, followed by Europe. The growth of the North American market is expected to be driven by factors such as the increasing government investments, research activities, and growing number of collaborations between various players in the market.

The report has profiled the leading players of this market along with the developments (new product launches, partnerships, agreements, collaborations, and joint ventures) done by the companies over the past few years, and the strategies adopted by them to sustain and strengthen their position in the global intraoperative imaging market. BrainLAB AG (Germany), IMRIS Inc. (U.S.), Imaging3 Inc., (U.S.), Medtronic Inc., (U.S.), Neurologica Corporation (U.S.), and Siemens Healthcare (U.S.) are some of the key players engaged in this market.

Key Topics Covered:

1 Hyperspectral Imaging Market, By Application

2 Hyperspectral Imaging Market, By Application

3 Global Hyperspectral Imaging Market, By Geography

4 Competitive Landscape