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Near Infrared Imaging Market Size, Share & Trends Analysis Report By Product (Devices, Reagents), By Application (Cancer Surgeries, Preclinical Imaging), By End-use (Hospitals & Clinics, Research Labs), And Segment Forecasts, 2023 - 2032
Report OverviewThe global near infrared imaging market size was valued at USD 1.99 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2032. The need for near-infrared (NIR) imaging is projected to rise in the upcoming years due to an increase in the prevalence of target diseases such cancer, cardiovascular, gastrointestinal, and neurovascular conditions. The WHO estimates that 17.9 million fatalities worldwide occur each year as a result of CVDs. Additionally, it is projected that the market would increase as a result of different initiatives done by major players and the rising need for technologically sophisticated fluorescence imaging systems. Like the surgical endoscopic system that Sony, Olympus, and Sony Olympus Medical Solutions developed in September 2022, which offers 4K, 3D, and infrared imaging features.
Numerous applications for near infrared imaging include physiological diagnostics, the investigation of blood sugar, pulse oximetry, sports medicine, urology, and neurology. In order to detect any damage, disease, or artificial alterations, near infrared imaging uses light with a wavelength of between 650 and 950 nm. It is an effective diagnostic technique for imaging tissue with minimally invasive non-ionizing radiation. It is preferred to other procedures since it provides better resolution and carries a higher risk for patients.
Near infrared products are anticipated to see increased demand as patients want less intrusive, more effective surgical procedures. Over the forecast period, the pharmaceutical and biotechnology firms industry is also anticipated to experience a sizable CAGR. Pharmaceutical businesses employ near infrared imaging to assess a product's essential material characteristics. They are employed by pharmaceutical and biotechnology companies for a variety of in-line and online process monitoring tasks, including raw material identification, lyophilized material quality assurance, tablet coating and content monitoring, fermentation and cell culture monitoring, and various in-line and online process monitoring.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Near Infrared Imaging manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Near Infrared Imaging market covering all its essential aspects.
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Global Near Infrared Imaging Market: Segmentations
Global Near Infrared Imaging Market: By Key Players
Bruker
Hamamatsu Photonics
Karl Storz Gmbh & Co
Li-Cor
Miltenyi Biotec
MIZUHO
PerkinElmer
NOVADAQ Technologies
Thermo Fisher Scientific
Global Near Infrared Imaging Market: By Types
Near Infrared Fluorescence Imaging Devices
Near Infrared Fluorescence
Global Near Infrared Imaging Market: By Applications
Medical Treatment
Chemical Industry
Food and Drinks
Fuel Research
Global Near Infrared Imaging Market: Regional Analysis
The countries covered in the regional analysis of the Global Near Infrared Imaging market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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COVID-19 Impact on Near Infrared Imaging Market:
Globally, the COVID-19 outbreak has had an impact on the market for medical devices, particularly those used in interventional neurology. Despite the urgency, hospital visits by patients have decreased significantly during the past six months. The management of surgical procedures has undergone significant variation as a result of the COVID-19 outbreak. Patients are staying away from healthcare establishments to prevent interaction with COVID-19 patients and staff. There has been a decline in the prevalence of certain acute and serious illnesses, such as stroke, myocardial infarction, and various cancers. As governments and organisations seek to make sure that resources are accessible for COVID-19 patients, it is anticipated that the temporary postponement of a number of elective surgeries will have an effect on the market for near-infrared imaging.
Frequently Asked Questions About This Report
• How big is the near infrared imaging market?
• What is the near infrared imaging market growth?
• Which segment accounted for the largest near infrared imaging market share?
• Who are the key players in near infrared imaging market?
• What are the factors driving the near infrared imaging market?
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