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Research and Markets, the world's largest market research store, published a report on, "Photon Counters - Global Strategic Business Report". According to the report, the global demand for Photon Counters is experiencing a substantial rise, with projections set for the market to expand from US $100.5 Million in 2022 to US $165 Million by 2030. This growth signifies a robust CAGR of 6.4% during the analysis period of 2022-2030.
Fueling Market Growth: Segment Analysis
The sector of Medical Imaging stands as a significant component in the expansion of the Photon Counters market, anticipating a 5.3% CAGR, positioning it to hit a forecasted value of US$57.5 Million by 2030. Concurrently, advancements in Fluorescence Microscopy prompt a recalculated growth rate of 7% CAGR throughout the next 8 years, underscoring its influential role in post-pandemic recovery times.
Regional Market Perspectives
In 2022, the United States market for Photon Counters is appraised at US$29.7 Million. Not trailing far behind, China is expected to burgeon with a 5.9% CAGR, reaching a market size of US$28.6 Million by 2030. Additionally, Japan and Canada are projected to progress with parallel CAGRs of 5.4%, while Germany's market is predicted to augment at a CAGR of around 5.1% for the period extending from 2022 to 2030.
Competitive Landscape
The Photon Counters domain is fostered by the operations of key competitors, inclusive of 44 eminent entities. These market players contribute extensively to the ongoing progress and competitive nature of the industry.
A selection of companies mentioned in this report includes
Click here to read the report titled, "Photon Counters - Global Strategic Business Report".
