North America Near Infrared Imaging Market Size, Share & Trends Analysis Report By Product (Reagents (Indocyanine Green (ICG) and Others), Devices), By Application, By End User, By Country and Growth Forecast, 2023 - 2030
The North America Near Infrared Imaging Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030).
Near-infrared (NIR) imaging refers to a technique that uses near-infrared light to create images of objects or biological tissues. Near-infrared light has wavelengths longer than visible light but shorter than the infrared radiation used in thermal imaging. This technique is commonly used in various fields such as medicine, agriculture, astronomy, and art restoration, among others, due to its ability to penetrate certain materials and provide valuable information.
NIR uses light with a wavelength in the range between 650 and 950 nm and is utilized to find any damage, illness, or artificial changes. It is an efficient diagnostic device that can perform non-ionizing, minimally invasive tissue imaging. The major constituents of tissues, blood, and water, do not absorb NIR well, increasing the possibility of lighting for internal mechanisms.
Early cancer discovery has led to an increase in procedures for the disease. Technology has advanced, and medical practitioners in the region are using near-infrared imaging equipment more frequently. A growing number of cancer cases, including liver cancer, breast cancer, lung cancer, and several chronic diseases, are being reported in the US. In Canada as well, a rise in the number of cancer cases has been observed, affecting both female and male populations. The advantages of using near-infrared imaging methods have led to significant demand for it in Canada also. Other factors that are having a strong impact on the growth of the near-infrared imaging market in Canada include an aging population and rising healthcare costs. As a result, the region has already witnessed the benefits of NIR imaging technology and as such, efforts have been made by different agencies and institutions to boost the growth of the market here.
The US market dominated the North America Near Infrared Imaging Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $813.2 million. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2023 - 2030).
Based on Product, the market is segmented into Reagents (Indocyanine Green (ICG) and Others), Devices (Near-infrared Fluorescence Imaging Systems and Near-infrared Fluorescence & Bioluminescence Imaging Systems). Based on Application, the market is segmented into Preclinical Imaging, Cancer Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, Plastic/Reconstructive Surgeries, and Others. Based on End User, the market is segmented into Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Research Laboratories. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Medtronic PLC
- Stryker Corporation
- Olympus Corporation
- Hamamatsu Photonics K.K.
- Carl Zeiss Meditec AG (Carl Zeiss AG)
- PerkinElmer, Inc.
- Leica Microsystems GmbH (Danaher Corporation)
- Shimadzu Corporation
- Karl Storz SE & Co. KG
- Fluoptics SAS
By Product
- Reagents
- Indocyanine Green (ICG)
- Others
- Devices
- Near-infrared Fluorescence Imaging Systems
- Near-infrared Fluorescence & Bioluminescence Imaging Systems
- Preclinical Imaging
- Cancer Surgeries
- Gastrointestinal Surgeries
- Cardiovascular Surgeries
- Plastic/Reconstructive Surgeries
- Others
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Research Laboratories
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Near Infrared Imaging Market, by Product
- 1.4.2 North America Near Infrared Imaging Market, by Application
- 1.4.3 North America Near Infrared Imaging Market, by End User
- 1.4.4 North America Near Infrared Imaging Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Approval
- 4.2.5 Geographical Expansion
- 4.2.6 Business Expansion
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Sep – 2023, Nov) Leading Players
- 4.4 Porter Five Forces Analysis
- Chapter 5. North America Near Infrared Imaging Market by Product
- 5.1 North America Reagents Market by Region
- 5.2 North America Near Infrared Imaging Market by Reagents Type
- 5.2.1 North America Indocyanine Green (ICG) Market by Country
- 5.2.2 North America Others Market by Country
- 5.3 North America Devices Market by Region
- 5.4 North America Near Infrared Imaging Market by Devices Type
- 5.4.1 North America Near-infrared Fluorescence Imaging Systems Market by Country
- 5.4.2 North America Near-infrared Fluorescence & Bioluminescence Imaging Systems Market by Country
- Chapter 6. North America Near Infrared Imaging Market by Application
- 6.1 North America Preclinical Imaging Market by Country
- 6.2 North America Cancer Surgeries Market by Country
- 6.3 North America Gastrointestinal Surgeries Market by Country
- 6.4 North America Cardiovascular Surgeries Market by Country
- 6.5 North America Plastic/Reconstructive Surgeries Market by Country
- 6.6 North America Others Market by Country
- Chapter 7. North America Near Infrared Imaging Market by End User
- 7.1 North America Hospitals & Clinics Market by Country
- 7.2 North America Pharmaceutical & Biotechnology Companies Market by Country
- 7.3 North America Research Laboratories Market by Country
- Chapter 8. North America Near Infrared Imaging Market by Country
- 8.1 US Near Infrared Imaging Market
- 8.1.1 US Near Infrared Imaging Market by Product
- 8.1.1.1 US Near Infrared Imaging Market by Reagents Type
- 8.1.1.2 US Near Infrared Imaging Market by Devices Type
- 8.1.2 US Near Infrared Imaging Market by Application
- 8.1.3 US Near Infrared Imaging Market by End User
- 8.2 Canada Near Infrared Imaging Market
- 8.2.1 Canada Near Infrared Imaging Market by Product
- 8.2.1.1 Canada Near Infrared Imaging Market by Reagents Type
- 8.2.1.2 Canada Near Infrared Imaging Market by Devices Type
- 8.2.2 Canada Near Infrared Imaging Market by Application
- 8.2.3 Canada Near Infrared Imaging Market by End User
- 8.3 Mexico Near Infrared Imaging Market
- 8.3.1 Mexico Near Infrared Imaging Market by Product
- 8.3.1.1 Mexico Near Infrared Imaging Market by Reagents Type
- 8.3.1.2 Mexico Near Infrared Imaging Market by Devices Type
- 8.3.2 Mexico Near Infrared Imaging Market by Application
- 8.3.3 Mexico Near Infrared Imaging Market by End User
- 8.4 Rest of North America Near Infrared Imaging Market
- 8.4.1 Rest of North America Near Infrared Imaging Market by Product
- 8.4.1.1 Rest of North America Near Infrared Imaging Market by Reagents Type
- 8.4.1.2 Rest of North America Near Infrared Imaging Market by Devices Type
- 8.4.2 Rest of North America Near Infrared Imaging Market by Application
- 8.4.3 Rest of North America Near Infrared Imaging Market by End User
- Chapter 9. Company Profiles
- 9.1 Medtronic PLC
- 9.1.1 Company overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Approvals & Trails:
- 9.1.6 SWOT Analysis
- 9.2 Stryker Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Olympus Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Partnerships, Collaborations, and Agreements:
- 9.3.4.2 Product Launches and Product Expansions:
- 9.3.5 SWOT Analysis
- 9.4 Hamamatsu Photonics K.K.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.5.3 Geographical Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Carl Zeiss Meditec AG (Carl Zeiss AG)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 PerkinElmer, Inc. (Revvity, Inc)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Product Launches and Product Expansions:
- 9.6.5.2 Business Expansion:
- 9.6.6 SWOT Analysis
- 9.7 Leica Microsystems GmbH (Danaher Corporation)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.5.2 Partnerships, Collaborations, and Agreements:
- 9.7.5.3 Acquisitions and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Shimadzu Corporation
- 9.8.1 Company Overview
- 9.8.2 Segmental and Regional Analysis
- 9.8.3 Research & Development Expense
- 9.8.4 Recent strategies and developments:
- 9.8.4.1 Product Launches and Product Expansions:
- 9.8.4.2 Partnerships, Collaborations, and Agreements:
- 9.8.5 SWOT Analysis
- 9.9 Karl Storz SE & Co. KG
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Product Launches and Product Expansions:
- 9.9.3 SWOT Analysis
- 9.10. Fluoptics SAS (Getinge AB)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 SWOT Analysis
- 9.11 Mizuho Medical Co., Ltd.
- 9.11.1 Company Overview
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