Global Near Infrared Imaging/NIR Market Expected to Grow to $2.9 Billion by 2027
The global Near Infrared Imaging/NIR market gathered revenue around USD 1.0 Billion in 2020 and market is set to grow USD 2.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 15.0% during the prediction period 2021 to 2027. The growing number of surgical procedures performed globally, advantages of NIR imaging over conventional visualization methods, and technological advancements in NIR imaging modalities. However, the lengthy approval process, which limits the availability of targeted fluorophores, is expected to restrain market growth to a certain extent during the forecast period.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Near Infrared Imaging/NIR market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Near Infrared Imaging/NIR market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Near Infrared Imaging/NIR market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Challenges: Dearth of trained professionals
NIR imaging is a specialized imaging technique and needs skilled operators for its effective utilization. At present, there is a scarcity of skilled operators, especially in developing countries, which is a major factor limiting the uptake of these systems for clinical applications. In addition to this, the technological landscape of the NIR market is constantly evolving, with a growing number of advanced products being launched every year. At present, apart from systems for open surgery, NIR fluorescence imaging is also available for laparoscopic, thoracoscopic, and robot-assisted surgeries. This compels physicians and other healthcare providers to acquire the necessary skills to operate these advanced NIR imaging devices effectively. Owing to this, physicians and healthcare providers are refraining from adopting these imaging systems, which challenges market growth. However, companies such as Carl Zeiss are carrying out various workshops and training sessions on intraoperative fluorescence. These companies present clinical cases in combination with live surgeries to enhance the understanding of the technology and usage of these devices. Such efforts by manufacturers may serve to overcome this challenge in the future.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Near Infrared Imaging/NIR Market are:
The near-infrared imaging 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), Shimadzu Corporation (Japan), Mizuho Medical Co., Ltd. (Japan), Fluoptics (France), Quest Medical Imaging B.V. (Netherlands), Sigma-Aldrich (Germany), and Teledyne Princeton Instruments (US), among others.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
This research report categorizes the near-infrared imaging market based on product, application, procedure, end-user, and region
Based on the Product:
Based on Application:
Based on Procedure:
Based on End Users:
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Benefits For Stakeholders
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Near Infrared Imaging/NIR Market, By Product
7.1. Near Infrared Imaging/NIR Market, by Product, 2020-2027
7.1.1. Devices
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Devices
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Near Infrared Imaging/NIR Market, By Application
8.1. Near Infrared Imaging/NIR Market, by Application, 2020-2027
8.1.1. Preclinical Imaging
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Clinical Imaging
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Medical Imaging
8.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Near Infrared Imaging/NIR Market, By Procedure
9.1. Near Infrared Imaging/NIR Market, by Procedure, 2020-2027
9.1.1. Cancer surgery
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Gastrointestinal surgery
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Cardiovascular surgery
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Plastic/Reconstructive surgery
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Brain tumor surgery
9.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Near Infrared Imaging/NIR Market, By End Users
10.1. Near Infrared Imaging/NIR Market, by End Users, 2020-2027
10.1.1. Hospitals & clinics
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Pharmaceutical and biotechnology companies
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Research laboratories
10.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 11.Global Near Infrared Imaging/NIR Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Application (2016-2027)
11.1.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.1.4. Market Revenue and Forecast, by End Users (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.1.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Application (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.1.6.4. Market Revenue and Forecast, by End Users (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Application (2016-2027)
11.2.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.2.4. Market Revenue and Forecast, by End Users (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.2.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product(2016-2027)
11.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.2.6.4. Market Revenue and Forecast, by End Users (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.2.7.4. Market Revenue and Forecast, by End Users (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Application (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.2.8.4. Market Revenue and Forecast, by End Users (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Application (2016-2027)
11.3.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.3.4. Market Revenue and Forecast, by End Users (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.3.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.3.6.4. Market Revenue and Forecast, by End Users (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.3.7.4. Market Revenue and Forecast, by End Users (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Application (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.3.8.4. Market Revenue and Forecast, by End Users (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Application (2016-2027)
11.4.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.4.4. Market Revenue and Forecast, by End Users (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.4.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.4.6.4. Market Revenue and Forecast, by End Users (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.4.7.4. Market Revenue and Forecast, by End Users (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Application (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.4.8.4. Market Revenue and Forecast, by End Users (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.5.5.4. Market Revenue and Forecast, by End Users (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Application (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Procedure (2016-2027)
11.5.6.4. Market Revenue and Forecast, by End Users (2016-2027)
Chapter 12. Company Profiles
12.1. Stryker (US)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. KARL STORZ SE & Co. KG (Germany)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Carl Zeiss Meditec AG (Germany)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Leica Microsystems (US)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Olympus Corporation (Japan)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. PerkinElmer, Inc. (US)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. LI-COR, Inc. (US)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Medtronic (US)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hamamatsu Photonics K.K. (Japan)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Shimadzu Corporation (Japan)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers