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Near Infrared Imaging Market Size, Industry Analysis Report By Product (Near infrared fluorescence imaging systems, Near infrared fluorescence, bioluminescence imaging systems), By Application (pre- clinical imaging, medical imaging, clinical imaging), By Indication (cancer surgeries, cardiovascular surgeries, gastrointestinal surgeries, plastic/reconstructive surgeries), By End-User (hospitals and clinics, research laboratories) & Region – Forecast

  • PUBLISHED ON
  • 2024-10-03
  • NO OF PAGES
  • 232
  • CATEGORY
  • Healthcare & Life Sciences
The Near Infrared Imaging Market: Overview
The Near Infrared Imaging Market is valued at around USD 0.8 billion in 2022 and is expected to reach USD 2.0 billion by 2030, registering a CAGR of 14.0% over the forecast period. By assessing the spatial distribution of composition and temperature in tightly packed beds with low light scattering, sensitive to wall effects, and non-isothermal circumstances, near-infrared imaging with 2D and 3D spatial resolutions provided access to the behaviour of flowing gases and catalyst activity. Due to its high near-infrared absorption coefficient, water vapour was chosen as the tracer species. Dynamic lags between the local mixing zones, flow maldistribution, and heterogeneous activity distribution were all seen and measured. The importance of mass and heat transmission at gas-solid interfaces was underscored by the uneven concentration and temperature distribution. In order to provide accurate profiles of physical data, near-infrared imaging's spatial resolution was crucial. Local activity and dispersion coefficients were given as instances of acceptable validation.

The Near Infrared Imaging Market - Growth Factor
The increasing importance of early disease diagnosis, which is being driven by a noticeably rising global prevalence of chronic diseases. The installation of near-infrared imaging techniques that are crucial in clinical and preclinical applications has been prompted by the growing need for effective diagnostic solutions. Due to their great spatial resolution, real-time display, portability, and thorough molecular profiling, they are being employed more frequently in the clinical management of cancer patients. The use of technologically improved tools by healthcare facilities and diagnostic centres is expected to increase the industry statistics significantly in the future, which will be fuelled by technological developments in NIR equipment.

The Near Infrared Imaging Market – Market Trends
• The need for near infrared imaging is anticipated to rise as surgical operations increase globally. Additionally, the incidence of cancer has been rising, and there has been an increase in interest in determining the stages of cancer.
• These reasons are projected to propel the growth of the global near-infrared imaging market throughout the course of the forecast period.
• The global near infrared market is anticipated to expand at a rapid rate in the future year because to the increase in skin, bone, and transplant surgeries.
• Moreover, there are an increasing number of hospitals, diagnostic facilities, and research labs.

The Near Infrared Imaging Market – Segmentation
The Near Infrared Imaging Market fragrance concentrates market has been sub-classified into product, application, indication, end-user.

On the basis of product, the Ophthalmic Drugs Market is bifurcated into:
• Near infrared fluorescence imaging systems
• Near infrared fluorescence and bioluminescence imaging systems
• others

On the basis of application, the market is segmented into:
• pre- clinical imaging
• medical imaging (diagnostic and surgeries)
• clinical imaging
• others

On the basis of indication, the market segmented into:
• cancer surgeries
• cardiovascular surgeries
• gastrointestinal surgeries
• plastic/reconstructive surgeries
• others

On the basis of end-user, the market segmented into:
• hospitals and clinics
• research laboratories
• others

The Near Infrared Imaging Market –Regional Analysis
North America dominated the global Near Infrared Imaging Market, because of the growing elderly population and rising healthcare costs. The adoption of the most cutting-edge imaging technology is also anticipated to contribute significantly to North America's explosive expansion. As a result, the market for near infrared imaging will experience phenomenal growth in the years to come.

The Near Infrared Imaging Market – Key Market players
Global key players of Near Infrared Imaging Market include KARL STORZ SE & Co. KG (Germany), Shimadzu Corporation (Japan), SurgVision (Netherlands). Visionsense (Israel), Hamamatsu Photonics K.K (Japan), Stryker (US), Leica Microsystems (Germany), and Fluoptics (France).

Report scope
Global Near Infrared Imaging Market: Historical Years- 2018-2021
Global Near Infrared Imaging Market: Forecast Years- 2022-2030
Global Near Infrared Imaging Market 2022- USD 0.8 billion
Global Near Infrared Imaging Market 2030- USD 2.0 billion
Global Near Infrared Imaging Market CAGR- 14.0%

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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