The aging mechanisms of perfluorocarbon emulsions were investigated using image analysis. Oil-in-water emulsions of two perfluorocarbons, n-perfluorohexane and perfluorodecalin, were prepared with three emulsifiers, Lecithin, Span 20, and Pluronic F-68. The effect of the temperature and the replacement of water by an aqueous phase consisting of a microbial culture medium were also studied. The emulsions were prepared by sonication and their stability was followed through analysis of the evolution of mean droplet size. The results indicate that the stability of perfluorocarbon in water emulsions depends on all the parameters investigated and that two aging mechanisms, coalescence and molecular diffusion, may take place. Analysis of the evolution of the mean droplet size during long time periods indicate that coalescence is more common than previously reported for these systems and seems to be favored by a temperature increase.