Near Infrared Imaging Market 2020 Industry Trends and Forecast to 2026

The report provides an encapsulation of the Global Near Infrared Imaging Market. It helps plan the configuration of the Near Infrared Imaging Market and completes analyzes with the key business resources and key actors based on type and applications. The development divisions of the Near Infrared Imaging Market and the factors driving change are characterized. This study helps to understand the dynamic situation, key players and market drivers. The Near Infrared Imaging Market for seven years can assess how the market is expected to develop. This analysis examines various segments that depend on the fastest estimate development. This report recognizes the latest improvements to the Near Infrared Imaging Market, shares and systems. The Near Infrared Imaging Market is growing and the Medical Devices industry joins it in the forecast years 2019-2026.

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Few of the major competitors currently working in the global near infrared imaging market are Stryker, KARL STORZ SE & Co. KG, Carl Zeiss Meditec, Leica Microsystems, OLYMPUS CORPORATION, PerkinElmer Inc., LI-COR, Inc., Hamamatsu Photonics K.K., Quest Medical Imaging BV, Fluoptics, Shimadzu Corporation, Medtronic, Bruker, Miltenyi Biotec, Thermo Fisher Scientific Inc, Infrared Thermal Imaging and Near IR Illumination Products, IRCameras LLC., Artinis Medical Systems, Malvern Panalytical Ltd, Innopharma Labs among others.

Market Analysis: 

Global near infrared imaging market is set to witness a healthy CAGR of 12% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Rising surgical procedures and increasing healthcare expenditure are the factor for the growth of this market.

Global Near Infrared Imaging Market By Product (Devices, Reagents), Application (Preclinical Imaging, Cancer Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, Plastic/Reconstructive Surgeries, Other Applications), End- User (Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Research Laboratories), Indication (Cancer Surgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, Plastic/Reconstructive Surgeries, Other), Product (Near Infrared Fluorescence Imaging Systems, Near Infrared Fluorescence & Bioluminescence Imaging Systems), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

 

Market Definition:

Near infrared imaging is a non- invasive imaging process which mainly uses the near-infrared radiations from 780 nm to 2500 nm. This technique is used in brain, muscle and other tissues to test the concentration and oxygenation of hemoglobin. This method has the ability to provide better clarity as compared to the other imaging process. Blood or water, which is the primary elements of tissues, does not absorb NIR well, thereby increasing changes in lighting for inner buildings. They are widely used in application such as cardiovascular surgeries, plastic surgeries, cancer surgeries, preclinical imaging among others.

Market Drivers

  • Increasing cases of target diseases such as lung cancer, cardiovascular surgery among others will act as a major factor uplifting this market growth
  • Growing health awareness among population will also accelerate the growth of this market
  • Rising geriatric population acts as a market driver
  • Growing adoption of technologically advanced imaging will also contribute as a factor for the market growth

Market Restraints

  • High cost of infrared detectors will accelerate market growth
  • Availability of alternative imaging techniques will act as a restricting factor for this market growth
  • Lengthy approval process will also hamper the market growth

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Segmentation:

By Product

  • Devices
    • Near-Infrared Fluorescence Imaging Systems
    • Near-Infrared Fluorescence & Bioluminescence Imaging Systems
  • Reagents
    • Indocyanine Green

By Application

  • Preclinical Imaging
  • Cancer Surgeries
  • Gastrointestinal Surgeries
  • Cardiovascular Surgeries
  • Plastic/Reconstructive Surgeries
  • Other Applications

By End- User

  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Research Laboratories

By Indication

  • Cancer Surgeries
  • Cardiovascular Surgeries
  • Gastrointestinal Surgeries
  • Plastic/Reconstructive Surgeries
  • Other

By Geography

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East and Africa
    • South Africa
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In June 2018, KARL STORZ Endoscopy-America, Inc announced the launch announced the launch of their NIR/ICG Fluorescence Imaging, an IMAGE1 S technology. The KARL STORZ NIR / ICG Imaging System helps surgeons make important choices that can decrease the incidence of expensive complications and is also creating new standards for minimally invasive neurosurgery
  • In March 2018,  Shimadzu Corporation announced the launch of their new LIGHTVISION near-infrared fluorescence imaging system which is specially designed to promote the therapy of breast cancer by visualizing lymph vessels and blood vessels based on the measurement of near-infrared fluorescent light emitted from green indocyanine. They also have the ability to detect blood flow through flaps and anastomotic vessels during breast reconstructive surgery

Competitive Analysis:

Global near infrared imaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of near infrared imaging market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

  • Current and future of global near infrared imaging market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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