The global near-infrared imaging market is anticipated to grow at a significant CAGR of 12.1% during the forecast period (2022-2028). The global near-infrared imaging market is expected to grow at a CAGR of 9.0% during the forecast period. The market growth is attributed to the increasing number of surgical procedures across the globe coupled with benefits offered by near-infrared imaging technologies over conventional methods. In addition, real-time display and portability benefits of the technology are driving the growth of the global near-infrared imaging industry. Further, the low cost of near-infrared fluorescence as compared with other modalities, such as nuclear imaging and MRI also gives a boost to the growth of the market. However, poor tissue penetration, presence of alternative imaging techniques and lack of skilled professionals are some of the factors that may hinder the growth of the near-infrared imaging market.
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The increasing incidences of chronic diseases such as cancer, brain disorders, cardiovascular diseases, and brain injuries are increasing the demand for near-infrared imaging for the detection and monitoring of these diseases. A high prevalence of chronic diseases demands an effective diagnostic tool for starting early treatment. Various types of diagnostic tools are available in the market for the diagnosis of such diseases. For instance, near-infrared imaging is being used to non-invasively inspect the concentration and oxygenation of hemoglobin in the brain, muscle, and other tissues. In addition, improvements in instrumentation such as near-infrared intraoperative reflectance imaging, high-spatial-resolution endomicroscopy, and fluorescence tomography have further led to the improvement in the near-infrared imaging industry. In February 2019, Align Technology launched the iTero element 5D imaging system for comprehensive preventive and restorative oral care at id. This dental imaging system is equipped with 3D, intra-oral and near-infrared imaging (NIRI), which aids in the detection and monitoring of interproximal caries lesions above the gingival without any harmful radiation.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Near-Infrared Imaging Market– Segmentation
By Technology
- Fluorescence Imaging
- Bioluminescence Imaging
By Application
- Cancer Surgeries
- Gastrointestinal Surgeries
- Cardiovascular Surgeries
- Plastic Surgeries
- Others (Preclinical Imaging)
Global Near-Infrared Imaging Market by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global near-infrared imaging market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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