Near-infrared imaging is described as a powerful approach for agronomical and pharmaceutical applications. The Global Near Infrared Imaging market is expected to rise at a significant rate over the forecast period. The increasing trend of research activities to develop better and advanced diagnostics is anticipated to help the global Near Infrared Imaging market expand in the near future.
Furthermore, an increasing number of surgical procedures across the world is projected to boost the demand for Near-Infrared Imaging. Also, there has been a rising incidence of cancer, and the growing demand for examination into the stages of cancer is anticipated to propel the growth of the global Near Infrared Imaging market during the forecast period. Moreover, the rising old age population to be one of the factors that fuel the growth of the market. In addition, the rising number of skin grafting, bone grafting, and transplant are anticipated to boost the growth of the global Near Infrared Imaging market in the forthcoming years. Further, an increasing number of research laboratories, diagnostic centers, and hospitals. Also, low radiation risks from infrared imaging are estimated to support the global Near Infrared Imaging market to grow considerably.
On the contrary, a lack of skilled professionals to operate the machines may hamper the growth of the market. Apart from this, the global near infrared imaging market is projected to rise owing to the growing number of chronic diseases.
Covid-19 Impact on Near Infrared Imaging Market
In addition, the current Near Infrared Imaging Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Near Infrared Imaging Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Near Infrared Imaging Market Segment Overview
Based on the Product, the Near-infrared fluorescence imaging systems sub-segment is projected to account for the largest share of the near-infrared imaging market during the forecast period. Some notable factors such as rising research activities, advantages offered by near-infrared fluorescence imaging systems such as high sensitivity, high image resolution, and real-time image guidance during surgeries, the increasing prevalence of cancer, cardiovascular diseases, and gastrointestinal diseases are contributed more to the growth of the segment. According to the application, the Preclinical Imaging segment has significant growth in the market. The increasing focus on developing new treatments for diseases/conditions such as cancer, inflammation, angiogenesis, infections, and vascular diseases highly support to the segment expansion.
Near Infrared Imaging Market, By Product
- Devices
- Near-infrared fluorescene imaging systems
- Near-infrared fluorescene and bioluminescene imaging systems
- Probe/Dye
- Small organic molecule based
- Nanoparticle based
· Preclinical Imaging
· Clinical Imaging
· Medical Imaging
Near Infrared Imaging Market, By Procedure
· Cancer surgery
· Gastrointestinal surgery
· Cardiovascular surgery
· Plastic/Reconstructive surgery
· Brain tumor surgery
Near Infrared Imaging Market, By End-User
· Hospitals & clinics
· Pharmaceutical and biotechnology companies
· Research laboratories
Near Infrared Imaging Market Regional Overview
Region-wise, North America is anticipated to dominate the global Near Infrared Imaging market throughout the forecast period. This is mainly due to the increasing old age population and increased spending on healthcare. Further, the adoption of the latest technologically advanced imaging is anticipated to be one of the major factors for the growth of the market in North America. Similarly, the market in the Asia-Pacific is projected to rise at a considerable rate due to growing awareness related to an early screening of cancer. Also, other factors that boost the growth of the market include a huge patient base and an increase in healthcare expenditure in the region. Additionally, the continuously developing life science industry boosts the growth of the market in developing countries such as India, China, Malaysia, and others.
Near Infrared Imaging Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Near Infrared Imaging Market Competitor overview
Some key developments and strategies adopted by manufacturers in Near Infrared Imaging are highlighted below.
· In August 2021, The US Food and Drug Administration (FDA) has published new final guidance for the development, validation, use and regulatory submission of near infrared (NIR) spectroscopy-based analytical procedures to evaluate the identity, strength, quality, purity and potency of drug substances and drug products.
· In September 2021, NIL Technology (NILT), a leader in modern optical solutions, demonstrates breakthrough performance in flat optics. A complete NIR camera module is built using a 940 nm single metalens and a NIR sensor. Both demonstrator and customer-specific metalenses are currently being prototyped, shipped, and made ready for mass production.
Near Infrared Imaging Market, Key Players
· KARL STORZ SE & Co. KG
· Shimadzu Corporation
· SurgVision
· Visionsense
· Hamamatsu Photonics K.K
· Stryker
· Leica Microsystems
· Fluoptics
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Near Infrared Imaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Devices
- 5.2.1.1. Near-infrared fluorescene imaging systems
- 5.2.1.2. Near-infrared fluorescene and bioluminescene imaging systems
- 5.2.2. Probe/Dye
- 5.2.2.1. Small organic molecule based
- 5.2.2.2. Nanoparticle based
- 5.2.1. Devices
- 5.3.1. Preclinical Imaging
- 5.3.2. Clinical Imaging
- 5.3.3. Medical Imaging
- 5.4.1. Cancer surgery
- 5.4.2. Gastrointestinal surgery
- 5.4.3. Cardiovascular surgery
- 5.4.4. Plastic/Reconstructive surgery
- 5.4.5. Brain tumor surgery
- 5.5.1. Hospitals & clinics
- 5.5.2. Pharmaceutical and biotechnology companies
- 5.5.3. Research laboratories
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Near Infrared Imaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Devices
- 6.2.1.1. Near-infrared fluorescene imaging systems
- 6.2.1.2. Near-infrared fluorescene and bioluminescene imaging systems
- 6.2.2. Probe/Dye
- 6.2.2.1. Small organic molecule based
- 6.2.2.2. Nanoparticle based
- 6.2.1. Devices
- 6.3.1. Preclinical Imaging
- 6.3.2. Clinical Imaging
- 6.3.3. Medical Imaging
- 6.4.1. Cancer surgery
- 6.4.2. Gastrointestinal surgery
- 6.4.3. Cardiovascular surgery
- 6.4.4. Plastic/Reconstructive surgery
- 6.4.5. Brain tumor surgery
- 6.5.1. Hospitals & clinics
- 6.5.2. Pharmaceutical and biotechnology companies
- 6.5.3. Research laboratories
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Near Infrared Imaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Devices
- 7.2.1.1. Near-infrared fluorescene imaging systems
- 7.2.1.2. Near-infrared fluorescene and bioluminescene imaging systems
- 7.2.2. Probe/Dye
- 7.2.2.1. Small organic molecule based
- 7.2.2.2. Nanoparticle based
- 7.2.1. Devices
- 7.3.1. Preclinical Imaging
- 7.3.2. Clinical Imaging
- 7.3.3. Medical Imaging
- 7.4.1. Cancer surgery
- 7.4.2. Gastrointestinal surgery
- 7.4.3. Cardiovascular surgery
- 7.4.4. Plastic/Reconstructive surgery
- 7.4.5. Brain tumor surgery
- 7.5.1. Hospitals & clinics
- 7.5.2. Pharmaceutical and biotechnology companies
- 7.5.3. Research laboratories
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Near Infrared Imaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Devices
- 8.2.1.1. Near-infrared fluorescene imaging systems
- 8.2.1.2. Near-infrared fluorescene and bioluminescene imaging systems
- 8.2.2. Probe/Dye
- 8.2.2.1. Small organic molecule based
- 8.2.2.2. Nanoparticle based
- 8.2.1. Devices
- 8.3.1. Preclinical Imaging
- 8.3.2. Clinical Imaging
- 8.3.3. Medical Imaging
- 8.4.1. Cancer surgery
- 8.4.2. Gastrointestinal surgery
- 8.4.3. Cardiovascular surgery
- 8.4.4. Plastic/Reconstructive surgery
- 8.4.5. Brain tumor surgery
- 8.5.1. Hospitals & clinics
- 8.5.2. Pharmaceutical and biotechnology companies
- 8.5.3. Research laboratories
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Near Infrared Imaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Devices
- 9.2.1.1. Near-infrared fluorescene imaging systems
- 9.2.1.2. Near-infrared fluorescene and bioluminescene imaging systems
- 9.2.2. Probe/Dye
- 9.2.2.1. Small organic molecule based
- 9.2.2.2. Nanoparticle based
- 9.2.1. Devices
- 9.3.1. Preclinical Imaging
- 9.3.2. Clinical Imaging
- 9.3.3. Medical Imaging
- 9.4.1. Cancer surgery
- 9.4.2. Gastrointestinal surgery
- 9.4.3. Cardiovascular surgery
- 9.4.4. Plastic/Reconstructive surgery
- 9.4.5. Brain tumor surgery
- 9.5.1. Hospitals & clinics
- 9.5.2. Pharmaceutical and biotechnology companies
- 9.5.3. Research laboratories
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. KARL STORZ SE & Co. KG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Shimadzu Corporation
- 10.6. SurgVision
- 10.7. Visionsense
- 10.8. Hamamatsu Photonics K.K
- 10.9. Stryker
- 10.10. Leica Microsystems
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model