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Near-Infrared Imaging Market Trends Research Report 2021 to 2027: Industry Analysis, Forecast by Type and Application, Revenue and Volume
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Market Overview
The demand for NIR imaging is increasing on account of the growing number of surgical procedures all over the world, technological advancements in NIR imaging, advantages of NIR imaging over conventional methods of spectroscopy, Furthermore, the rising incidents of Cancer, Cardiovascular diseases, and Gastrointestinal diseases coupled with rising aging population also propels the market growth. More than a million cancer cases are diagnosed every year and as per the American Cancer Society (2021), 1 in 3 people will be diagnosed with cancer in their lifetime.
COVID-19 Impact
During the COVID-19 pandemic, every healthcare industry has been affected globally and a negative effect can be seen on the Near Infrared Imaging market. The rise of the COVID-19 has disrupted the demand for Near-Infrared Imaging due to the reduction of patient visits to hospitals. Due to fear of the virus, Patients are avoiding healthcare institutions for the prevention of direct contact with COVID-19 patients and healthcare professionals. The temporary postponement of various elective surgeries is expected to be impacted due to Closed manufacturing facilities, disrupted supply chains, and reduced recruitments for clinical trials.
Global Near Infrared Imaging Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Product, the market is primarily bifurcated into
• Fluorescence Imaging
• Reagents
The Fluorescence Imaging sub-segment dominated the Global Near Infrared Imaging Market and is expected to grow at a noteworthy CAGR by the year 2027.
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By Application, the market is primarily segmented into
• Preclinical
• Clinical
• Medical
Amongst Applications, the Preclinical segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
By Indication, the market is primarily segmented into
• Cancer Surgeries
• Cardiovascular Surgeries
• Gastrointestinal Surgeries
• Plastic/Reconstructive Surgeries
• Others
Amongst Indication, the Cancer Surgeries segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
By End-user, the market is primarily bifurcated into
• Hospital & Clinics
• Researchers Laboratories
• Biotechnology and Pharmaceutical Companies
The Hospital & Clinics sub-segment dominated the global Near Infrared Imaging Market and is expected to grow at a noteworthy CAGR by the year 2027.
Near-Infrared Imaging Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World
North America is dominating the Near Infrared Imaging Market in 2020 and is anticipated to maintain its dominance during the forecast period.
The major players targeting the market includes
• Stryker
• KARL STORZ SE & Co. KG
• Carl Zeiss Meditec AG
• Leica Microsystems
• Olympus Corporation
• PerkinElmer, Inc.
• LI-COR, Inc.
• Medtronic
• Hamamatsu Photonics K.K.
• Shimadzu Corporation
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Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Near-Infrared Imaging Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Near-Infrared Imaging Market?
• Which factors are influencing the Near Infrared Imaging Market over the forecast period?
• What are the global challenges, threats, and risks in the Near-Infrared Imaging Market?
• Which factors are propelling and restraining the Near Infrared Imaging Market?
• What are the demanding global regions of the Near Infrared Imaging Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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