The Global Near Infrared Imaging Market was valued at approximately USD 2.16 billion in 2023 and is projected to expand at a CAGR of 3.9% over the forecast period of 2024-2032. The increasing prevalence of cardiovascular diseases (CVDs), gastrointestinal conditions, neurovascular disorders, and cancer is fueling the demand for near-infrared imaging solutions. This imaging technology is widely used in surgical visualization, diagnostics, and physiological monitoring, making it indispensable in medical applications. Furthermore, rapid advancements in fluorescence imaging systems, AI-integrated imaging technologies, and portable diagnostic devices are strengthening market growth.
The post-pandemic resurgence in surgical interventions and minimally invasive procedures is another major driver for the market. With an increasing number of cosmetic, reconstructive, and tumor resection surgeries, hospitals and clinics are incorporating near-infrared imaging (NIR) for real-time visualization of blood flow, tumor margins, and organ function assessments. Additionally, the rising geriatric population worldwide is escalating the financial burden on healthcare systems, prompting investments in high-precision imaging techniques to enhance patient care. According to WHO estimates, the number of individuals aged 65 and above is expected to reach 1.5 billion by 2050, thereby increasing demand for advanced imaging technologies in elderly care.
Near-infrared imaging is widely adopted in preclinical research and pharmaceutical applications, particularly in drug development, neuroscience research, and vascular imaging. The ability of NIR fluorescence imaging to provide non-invasive, real-time visualization of biological tissues and physiological processes is significantly expanding its application scope. Moreover, continuous research efforts in neuroimaging, functional spectroscopy, and early-stage cancer detection are expected to boost market adoption further. Major players are investing in mergers and acquisitions to enhance their product portfolios, as demonstrated by Hamamatsu Photonics K.K.'s acquisition of NKT Photonics A/S in 2024, which aimed to strengthen its laser and photonics imaging capabilities.
Geographically, North America continues to dominate the market, holding over 40.6% market share in 2023, driven by technological advancements, high disposable income, and rapid adoption of AI-assisted imaging techniques. The U.S. market leads in NIR imaging adoption due to the high incidence of cancer, expanding reconstructive surgery landscape, and growing demand for minimally invasive procedures. Meanwhile, Asia-Pacific is poised to witness the fastest growth, fueled by rising healthcare investments, increasing medical tourism, and government-backed initiatives to develop affordable imaging solutions.
Major Market Players Included in This Report
• Quest Diagnostics Incorporated
• Stryker
• KARL STORZ SE & Co. KG
• Olympus
• Hamamatsu Photonics K.K.
• Mizuho Medical Co., Ltd.
• Shimadzu Corporation
• Leica Microsystems
• Medtronic (Visionsense)
• PerkinElmer
• Zeiss Group
• FLUOPTICS SAS
• Axcelis Technologies
• Bruker Corporation
• Photon Etc.
The Detailed Segments and Sub-Segments of the Market Are Explained Below:
By Product:
• Devices
Near-Infrared Fluorescence Imaging Systems
Near-Infrared Fluorescence & Bioluminescence Imaging Systems
• Reagents
Indocyanine Green (ICG)
Other Reagents
By Indication:
• Preclinical Imaging
• Cancer Surgeries
• Gastrointestinal Surgeries
• Cardiovascular Surgeries
• Plastic/Reconstructive Surgeries
• Other Applications
By End Use:
• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Research Laboratories
By Region:
North America
• U.S.
• Canada
• Mexico
Europe
• UK
• Germany
• France
• Italy
• Spain
• Denmark
• Sweden
• Norway
Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Thailand
Latin America
• Brazil
• Argentina
Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait
Years Considered for the Study:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024-2032
Key Takeaways:
• Market estimates & forecasts for 10 years (2022-2032)
• Annualized revenue analysis for each market segment
• Geographical market insights with country-level analysis
• Competitive landscape breakdown with market ranking of key players
• Strategic insights on industry trends, growth factors, and innovations
• Comprehensive demand and supply-side analysis
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- Chapter 1. Global Nebulizer Market Executive Summary
- 1.1. Global Nebulizer Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.3.3. By End-use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Nebulizer Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Nebulizer Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising prevalence of chronic respiratory diseases
- 3.1.2. Increasing adoption of home healthcare and self-administered treatments
- 3.1.3. Advancements in nebulizer technology (AI & IoT-enabled smart nebulizers)
- 3.2. Market Challenges
- 3.2.1. High cost of mesh nebulizers and reimbursement complexities
- 3.2.2. Competition from alternative drug delivery methods
- 3.3. Market Opportunities
- 3.3.1. Expansion in emerging markets with growing healthcare expenditure
- 3.3.2. Technological advancements improving patient compliance
- 3.3.3. Integration of telehealth and remote patient monitoring
- Chapter 4. Global Nebulizer Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Nebulizer Market Size & Forecasts by Type (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Nebulizer Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Jet
- 5.2.2. Mesh
- 5.2.3. Active
- 5.2.4. Passive
- 5.2.5. Ultrasonic
- Chapter 6. Global Nebulizer Market Size & Forecasts by Application (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Nebulizer Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. COPD
- 6.2.2. Cystic Fibrosis
- 6.2.3. Asthma
- 6.2.4. Others
- Chapter 7. Global Nebulizer Market Size & Forecasts by End-use (2022-2032)
- 7.1. Segment Dashboard
- 7.2. Global Nebulizer Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Hospitals & Clinics
- 7.2.2. Emergency Centers
- 7.2.3. Home Healthcare
- Chapter 8. Global Nebulizer Market Size & Forecasts by Region (2022-2032)
- 8.1. North America Nebulizer Market
- 8.1.1. U.S. Nebulizer Market
- 8.1.1.1. Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Application breakdown size & forecasts, 2022-2032
- 8.1.1.3. End-use breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Nebulizer Market
- 8.1.3. Mexico Nebulizer Market
- 8.2. Europe Nebulizer Market
- 8.2.1. UK Nebulizer Market
- 8.2.2. Germany Nebulizer Market
- 8.2.3. France Nebulizer Market
- 8.2.4. Italy Nebulizer Market
- 8.2.5. Spain Nebulizer Market
- 8.2.6. Denmark Nebulizer Market
- 8.2.7. Sweden Nebulizer Market
- 8.2.8. Norway Nebulizer Market
- 8.2.9. Rest of Europe Nebulizer Market
- 8.3. Asia-Pacific Nebulizer Market
- 8.3.1. China Nebulizer Market
- 8.3.2. Japan Nebulizer Market
- 8.3.3. India Nebulizer Market
- 8.3.4. South Korea Nebulizer Market
- 8.3.5. Australia Nebulizer Market
- 8.3.6. Thailand Nebulizer Market
- 8.3.7. Rest of Asia Pacific Nebulizer Market
- 8.4. Latin America Nebulizer Market
- 8.4.1. Brazil Nebulizer Market
- 8.4.2. Argentina Nebulizer Market
- 8.4.3. Rest of Latin America Nebulizer Market
- 8.5. Middle East & Africa Nebulizer Market
- 8.5.1. South Africa Nebulizer Market
- 8.5.2. Saudi Arabia Nebulizer Market
- 8.5.3. UAE Nebulizer Market
- 8.5.4. Kuwait Nebulizer Market
- 8.5.5. Rest of Middle East & Africa Nebulizer Market
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Omron Corporation
- 9.1.2. Koninklijke Philips N.V.
- 9.1.3. GE Healthcare
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Omron Corporation
- 9.3.2. Koninklijke Philips N.V.
- 9.3.3. GE Healthcare
- 9.3.4. Vectura Group Plc.
- 9.3.5. PARI Respiratory Equipment, Inc.
- 9.3.6. Aerogen
- 9.3.7. DeVilbiss Healthcare LLC
- 9.3.8. Beurer GmBH
- 9.3.9. Microlife Corporation
- 9.3.10. GF Health Products, Inc.
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- Table 1. Global Nebulizer Market, Report Scope
- Table 2. Global Nebulizer Market Estimates & Forecasts by Region (2022-2032) (USD Million)
- Table 3. Global Nebulizer Market Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 4. Global Nebulizer Market Estimates & Forecasts by Application (2022-2032) (USD Million)
- Table 5. Global Nebulizer Market Estimates & Forecasts by End-use (2022-2032) (USD Million)
- Table 6. North America Nebulizer Market, Estimates & Forecasts (2022-2032) (USD Million)
- Table 7. U.S. Nebulizer Market, Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 8. U.S. Nebulizer Market, Estimates & Forecasts by Application (2022-2032) (USD Million)
- Table 9. U.S. Nebulizer Market, Estimates & Forecasts by End-use (2022-2032) (USD Million)
- Table 10. Canada Nebulizer Market, Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 11. Europe Nebulizer Market, Estimates & Forecasts (2022-2032) (USD Million)
- Table 12. UK Nebulizer Market, Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 13. Germany Nebulizer Market, Estimates & Forecasts by Application (2022-2032) (USD Million)
- Table 14. France Nebulizer Market, Estimates & Forecasts by End-use (2022-2032) (USD Million)
- Table 15. Asia Pacific Nebulizer Market, Estimates & Forecasts (2022-2032) (USD Million)
- Table 16. China Nebulizer Market, Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 17. Japan Nebulizer Market, Estimates & Forecasts by Application (2022-2032) (USD Million)
- Table 18. India Nebulizer Market, Estimates & Forecasts by End-use (2022-2032) (USD Million)
- Table 19. Latin America Nebulizer Market, Estimates & Forecasts (2022-2032) (USD Million)
- Table 20. Brazil Nebulizer Market, Estimates & Forecasts by Type (2022-2032) (USD Million)
- Table 21. Middle East & Africa Nebulizer Market, Estimates & Forecasts (2022-2032) (USD Million)
- Table 22. South Africa Nebulizer Market, Estimates & Forecasts by Application (2022-2032) (USD Million)
- Table 23. Saudi Arabia Nebulizer Market, Estimates & Forecasts by End-use (2022-2032) (USD Million)
- Table 24. Competitive Landscape: Market Share Analysis of Key Players (2024)
- Table 25. Key Strategic Initiatives of Major Players
- This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- Figure 1. Global Nebulizer Market, Research Methodology
- Figure 2. Global Nebulizer Market, Market Estimation Techniques
- Figure 3. Global Market Size Estimates & Forecast Methods
- Figure 4. Global Nebulizer Market, Key Trends 2023
- Figure 5. Global Nebulizer Market, Growth Prospects 2022-2032
- Figure 6. Global Nebulizer Market, Porter’s 5 Force Model
- Figure 7. Global Nebulizer Market, PESTEL Analysis
- Figure 8. Global Nebulizer Market, Value Chain Analysis
- Figure 9. Global Nebulizer Market by Type, 2022 & 2032 (USD Million)
- Figure 10. Global Nebulizer Market by Application, 2022 & 2032 (USD Million)
- Figure 11. Global Nebulizer Market by End-use, 2022 & 2032 (USD Million)
- Figure 12. North America Nebulizer Market, Regional Snapshot (2022 & 2032)
- Figure 13. U.S. Nebulizer Market by Type, 2022 & 2032 (USD Million)
- Figure 14. Europe Nebulizer Market, Regional Snapshot (2022 & 2032)
- Figure 15. Germany Nebulizer Market by Application, 2022 & 2032 (USD Million)
- Figure 16. Asia Pacific Nebulizer Market, Regional Snapshot (2022 & 2032)
- Figure 17. China Nebulizer Market by Type, 2022 & 2032 (USD Million)
- Figure 18. India Nebulizer Market by End-use, 2022 & 2032 (USD Million)
- Figure 19. Latin America Nebulizer Market by Application, 2022 & 2032 (USD Million)
- Figure 20. Competitive Landscape: Company Market Share Analysis (2023)
- This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
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