Press release
Near Infrared Imaging/NIR Market to grow at a CAGR of 11.0% by 2031 | Leica Microsystems (US), Olympus Corporation (Japan), PerkinElmer, Inc. (US)
New York, Global Near Infrared Imaging/NIR Market was valued at USD 216.7 million in 2021 and it is anticipated to grow up to USD 614.5 million by 2031, at a CAGR of 11.0% during the forecast period.Global Near Infrared Imaging/NIR Market report from Global Insight Services is the single authoritative source of intelligence on Near Infrared Imaging/NIR Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Near infrared imaging uses light between 650 to 950 nm to detect any changes induced, injury, or disease. It is a powerful diagnostic tool for minimally invasive and nonionizing method for tissue imaging. NIR are not absorbed well by the blood or water, which are the main components of tissues, thus increases the changes of illumination for internal structures. It is advantageous over other techniques since it provides better resolution and is less harmless to patients.
Major Players in the Global Near Infrared Imaging/NIR Market
The key players in the market are Stryker (US), KARL STORZ SE & Co. KG (Germany), Carl Zeiss Meditec AG (Germany), Leica Microsystems (US), Olympus Corporation (Japan), PerkinElmer, Inc. (US), LI-COR, Inc. (US), Medtronic (US), Hamamatsu Photonics K.K. (Japan), and Shimadzu Corporation (Japan), among others.
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Market Trends and Drivers
Growing number of surgical procedures globally will positively impact the market growth. Globally, the number of surgical procedures is on the rise owing to the rising prevalence and incidence of various diseases such as cancer, cardiovascular diseases, neurovascular diseases, and gastrointestinal diseases. Surgical cosmetic procedures and trauma cases are also contributing to the increasing number of surgical procedures. NIR imaging is used for intraoperative imaging during various surgical procedures, such as plastic and reconstructive surgeries, oncology surgeries, gastrointestinal surgeries, cardiovascular surgeries, cardiothoracic surgeries, and neurovascular surgeries.
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Global Near Infrared Imaging/NIR Market Segmentation
By Product
• Devices
• Near-Infrared Fluorescene Imaging Systems
• Near-Infrared Fluorescene and Bioluminescene Imaging Systems
• Reagents
By Application
• Preclinical Imaging
• Cancer Surgeries
• Gastrointestinal Surgeries
• Cardiovascular Surgeries
• Plastic/Reconstructive Surgeries
• Others
By End-Use
• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Research Laboratories
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