Press release
Near infrared imaging Market Size in 2023 To 2029 | 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 (Ireland)
The near infrared imaging market is expected to witness substantial growth, with a projected increase from USD 1.0 billion in 2023 to USD 1.9 billion by 2028, at a CAGR of 14.0% during the period. This growth can be attributed to several factors, including the high prevalence of target diseases, a rise in the number of diagnostic imaging centers and procedures, greater awareness regarding the advantages of early disease detection, and the swift adoption of advanced near infrared (NIR) technologies. These factors collectively contribute to the expanding market and its potential for future development.Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=503638
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like 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), and Medtronic (Ireland).
The near-infrared imaging market is categorized into NIR devices, NIR imaging agents/probes, and NIR dyes based on products. Within the NIR devices segment, there are two subsegments: near-infrared fluorescence imaging systems and near-infrared fluorescence & bioluminescence imaging systems. Among these, the near-infrared fluorescence imaging systems subsegment occupies a significant market share. The growth of this product segment is propelled by the advantages provided by near-infrared fluorescence imaging systems, including high sensitivity, high-image resolution, and real-time image guidance during surgical procedures. These benefits contribute to the increasing adoption and expansion of this particular segment in the market.
The near infrared imaging market is broadly segmented into preclinical, clinical, and medical applications. Preclinical imaging involves visualizing living animals for research, particularly in drug development. It aids scientists in detecting and monitoring biological processes, accurately measuring therapeutic responses, and gaining insights into the body's mechanisms. The increasing emphasis on developing novel treatments for various diseases/conditions, including cancer, inflammation, angiogenesis, infections, and vascular diseases, is anticipated to drive the growth of this application segment in the near infrared imaging market during the forecast period.
The near infrared imaging market is categorized into various procedures, including cancer surgeries, gastrointestinal surgeries, cardiovascular surgeries, plastic/reconstructive surgeries, and brain tumor surgeries. The significant growth driver for this segment is the increasing prevalence of cancer worldwide. As cancer rates continue to rise, the demand for advanced imaging technologies such as near infrared imaging in cancer surgeries is also increasing. Near infrared imaging provides valuable assistance during cancer surgeries by enabling surgeons to visualize and navigate tissues and tumors more accurately. This enhanced visualization aids in better tumor removal, improving surgical outcomes and patient care.
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During the forecast period, the near infrared imaging market in the North America region is projected to experience a Compound Annual Growth Rate (CAGR). This growth can be attributed to several factors. Firstly, the region's high healthcare spending plays a significant role in driving the market forward. Additionally, the rising prevalence of target diseases in North America contributes to the increasing demand for near infrared imaging technologies. Moreover, the region's active research activities, growing number of cosmetic surgeries, and technological advancements in imaging systems further propel the market growth. These factors combined create a favorable environment for the near infrared imaging market to thrive in North America.
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