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Near-Infrared Fluorescence Imaging System Market is Expected to Experience a Swift Development by 2031

07-27-2022 02:07 PM CET | Health & Medicine

Press release from: Transparency Market Research

Near-infrared Fluorescence Imaging System Market Outlook 2031

• The global near-infrared fluorescence imaging system market was valued at US$ 0.5 Bn in 2021
• It is estimated to expand at a CAGR of 11% from 2022 to 2031
• The global near-infrared fluorescence imaging system market is expected to cross the value of US$ 1.3 Bn by the end of 2031

Analysts' Viewpoint on Near-infrared Fluorescence Imaging System Market Scenario

Significant adoption of the near-infrared fluorescence imaging system as a surgical tool for breast cancer, liver tumor, and vascular anastomosis is creating a positive impact on the global market. Rise in usage of surgical robotics worldwide has also increased the need of new medical imaging methods. The incorporation of near-infrared fluorescence imaging technology in robotic surgeries provides several advantages such as good results, safety and reliability, and enhanced efficiency. The NIR fluorescence imaging technique in combination with remote access thyroidectomy plays a crucial role in endocrine surgery, with the goal of minimizing potential complications throughout the operative procedure (surgery). Furthermore, prominent players such as Olympus Corporation, Shimadzu, and Stryker are trendsetters in near-infrared fluorescence imaging systems. These companies have brought cutting-edge innovations in surgical treatment. Supported by the above-mentioned companies' stellar reputation in medical imaging modalities, the near-infrared fluorescence imaging system market is projected to expand significantly over the next few years.

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Outlook of Near-infrared Fluorescence Imaging System Market

The near-infrared fluorescence imaging (NIRF) system irradiates NIR excitation light on the indocyanine green (ICG) medium injected into the lymph ducts, blood vessels, or other areas. This system enables easy and real-time identification of lymphatic vessels along with the confirmation of blood flow throughout surgery.

This system delivers unprecedented clinical value by easily visualizing blood flow and lymph throughout the surgery. The NIRF system is equipped with high definition sensors and advanced displays that are specifically useful for surgical procedures.

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Growing Adoption of NIR fluorescence Imaging System for Plastic/Reconstructive Surgeries to Drive Market

The NIR fluorescence imaging technique has significant potential for the future of plastic surgeries, owing to its capacity for perioperative, real-time anatomical identification, and guidance. NIR fluorescence imaging is a data-driven and on-the-table method for surgeons in order to detect poorly perfused flaps.

Traditional methods of flap evaluation, including flap color and capillary refilling, are notably subjective and could provide inaccurate clinical assessment. NIR fluorescence imaging systems are increasingly safer and more reliable throughout the complex reconstructive procedures. Numerous commercial near-infrared fluorescence imaging system can be used for breast reconstruction surgeries, including SPY Elite, FLARE, IC-View, PDE-Neo, and Fluobeam 800.

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Novel Product Development to Propel Market

Fluorescence guided surgeries (FGS) depend on the availability of equipment with near-infrared excitation and detection capabilities. These equipment are available from key players such as Stryker, Hamamatsu, and Olympus for endoscopic, open, and robotic platforms. The pinpoint and SPY systems, by Novadaq Technologies ULC (now a part of Stryker), were among the first commercially available equipment for NIR fluorescence imaging in North America. Since acquiring Novadaq Technologies in June 2017, Stryker has launched new iterations of this technology.

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In 2020, Arthrex, an advanced medical device company, introduced SynergyID, the world's first endoscopic 4-chip camera with fluorescence imaging support. The SynergyID system has significant potential to exhibit crystal-clear patient anatomy by utilizing four imaging sensors in order to display 8 million pixels, over one billion colors, augmented reality, and fluorescence imaging.

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Rohit Bhisey
Transparency Market Research Inc.
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About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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