Global Indocyanine Green Market Growth 2025-2031

Global Indocyanine Green Market Growth 2025-2031

The global Indocyanine Green market size is predicted to grow from US$ 52.6 million in 2025 to US$ 70.4 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

Indocyanine green (ICG) (CAS 3599-32-4), a cyanine dye used in medical diagnostics to determine cardiac output, hepatic function, and liver blood flow, and for ophthalmic angiography. It is a sterile, lyophilized green powder with a peak spectral absorption at 800 nm. These infrared frequencies penetrate retinal layers, allowing ICG angiography to image deeper patterns of circulation than fluorescein angiography.

Europe is the largest Indocyanine Green (CAS 3599-32-4) market with about 52% market share. USA is follower, accounting for about 22% market share.The key manufacturers are Akorn, PULSION Medical Systems AG, Diagnostic Green, SERB, Daiichi Sankyo Company, Santen Pharmaceutical, Aurolab, Yichuang, Eisai etc. Top 3 companies occupied about 60% market share.

LP Information, Inc. (LPI) ' newest research report, the “Indocyanine Green Industry Forecast” looks at past sales and reviews total world Indocyanine Green sales in 2024, providing a comprehensive analysis by region and market sector of projected Indocyanine Green sales for 2025 through 2031. With Indocyanine Green sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Indocyanine Green industry.

This Insight Report provides a comprehensive analysis of the global Indocyanine Green landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Indocyanine Green portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Indocyanine Green market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Indocyanine Green and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Indocyanine Green.

This report presents a comprehensive overview, market shares, and growth opportunities of Indocyanine Green market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
25mg
50mg

Segmentation by Application:
Ophthalmology
Neurosurgery
Liver Diseases
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Akorn
PULSION Medical Systems AG
Diagnostic Green
SERB
Daiichi Sankyo Company
Santen Pharmaceutical
Aurolab
Yichuang
Eisai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Indocyanine Green market?

What factors are driving Indocyanine Green market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Indocyanine Green market opportunities vary by end market size?

How does Indocyanine Green break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.