REPORT HIGHLIGHT
Near Infrared Imaging Market size was valued at USD 1,573.1 Million in 2022, expanding at a CAGR of 3.5% from 2023 to 2030.
A non-invasive imaging method known as near-infrared imaging uses near-infrared light to produce images of objects, tissues, or substances. This imaging technique is frequently employed in a variety of industries, such as medical, medical, agriculture, and security applications.
Near Infrared Imaging Market- Market Dynamics:
Growing demand from medical and pharmaceutical applications is expected to propel the near infrared imaging demand.
In medical diagnosis including cancer detection, vascular imaging, and functional brain imaging, near-infrared imaging is crucial for medical diagnosis. The use of near-infrared imaging in the medical field has been prompted by the demand for non-invasive and early detection technologies. Near-infrared imaging is utilized in pharmaceutical research and medication development for non-destructive drug Application analyses, pharmaceutical, and drug distribution studies. Security and surveillance systems use near-infrared cameras to get quality pictures even when it's dark outside. They are also utilized in biometric identification and facial recognition.
Additionally, near infrared imaging is also used in agriculture to cultivate crop health, spot infections, and improve farming methods. It helps to better quality control, determining the freshness of food, and finding contaminants in the food sector.
Near Infrared Imaging Market- Key Insights:
- As per the analysis shared by our research analyst, the global Near Infrared Imaging market is estimated to grow annually at a CAGR of around 3.5% over the forecast period (2023-2030)
- The near infrared imaging industry is projected to grow at a significant rate due to the growing focus on animal health and nutrition.
- Based on Application, cancer surgeries segment was predicted to show maximum market share in the year 2022.
- Based on End user, hospitals & clinics development segment is expected to hold significant market share by 2030.
- Based on product, segmentation, devices segment was the leading in 2022
- On the basis of region, North America was the leading revenue generator in 2022.
Near Infrared Imaging Market- Segmentation Analysis:
The Global Near Infrared Imaging Market is segmented on the basis of Product, Application, End User, and Region.
The market is divided into two categories based on Product: devices and reagents. The devices segment dominates the market. Increasing demand for imaging devices for medical treatment is contributing to market growth.
The market is divided into five categories based on Application: cancer surgeries, preclinical imaging, cardiovascular diseases, plastic surgeries, and others. The cancer surgeries segment dominates the market. Increasing demand from cancer diagnostic solutions is expected to boost the market growth.
The market is divided into three categories based on End User: hospitals & clinics, pharmaceutical & biotech companies, and others. The hospitals & clinics segment dominates the market. The rising demand for imaging applications in surgical treatments is increasing the segment growth.
Near Infrared Imaging Market- Geographical Insights:
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Near Infrared Imaging Market- Competitive Landscape:
Owing to the increasing advancement in healthcare, and growing demand from medical sector, which influence the near infrared imaging market. Several distribution channels, including corporate websites, and Applications, are used by businesses to sell their solutions & Applications. Application manufacturers compete on various factors, such as technology. reputation, and availability. Some of the primary techniques, and strategies used by corporations to consolidate their reach and expand their market share include new product launches, R&D expenditure, developing its distribution network and mergers & acquisitions. Some of the recent developments are mentioned below.
Recent Developments:
In January 2021, KARL STORZ introduced the new system named IMAGE1 S Rubina multimode visualization for endoscopic imaging.
Key features of the study:
- This proposed research study on Near Infrared Imaging market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
- The report provides the client the latest up-to-date and trending insights about the Near Infrared Imaging market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Near Infrared Imaging market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Near Infrared Imaging market
- Impact of COVID-19 on Near Infrared Imaging market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Near Infrared Imaging market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Near Infrared Imaging market, we have also included competitive landscape and key innovator analysis for the Near Infrared Imaging market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial inspection and strategic initiatives of players operating in the Near Infrared Imaging market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Near Infrared Imaging market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL NEAR INFRARED IMAGING MARKET KEY PLAYERS
- Quest Medical Imaging B.V.
- Stryker Corporation
- KARL STORZ SE & Co. KG
- Olympus
- Hamamatsu Photonics K.K.
- Mizuho Medical Co, Ltd.
- Shimadzu Corporation
- Leica Microsystems
- Medtronic
- PerkinElmer, Inc.
- Li-Cor
- Carl Zeiss Meditec AG
- Fluoptics
GLOBAL NEAR INFRARED IMAGING MARKET, BY PRODUCT
GLOBAL NEAR INFRARED IMAGING MARKET, BY APPLICATION
- Cancer surgeries
- Preclinical imaging
- Cardiovascular diseases
- Plastic surgeries
- Others
GLOBAL NEAR INFRARED IMAGING MARKET, BY END USER
- Hospitals & clinics
- Pharmaceutical & biotech companies
- Others
GLOBAL NEAR INFRARED IMAGING MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA