Global Medical Hyperspectral Imaging (MHSI) Market Growth 2025-2031

The global Medical Hyperspectral Imaging (MHSI) market size is predicted to grow from US$ 22.6 million in 2025 to US$ 49 million in 2031; it is expected to grow at a CAGR of 13.8% from 2025 to 2031.

Medical Hyperspectral Imaging (MHSI) can also support surgeons by offering them information that’s invisible to the naked eye – in real time. That medical hyperspectral image can be displayed on a screen. Or the hyperspectral information can be added as an overlay to the surgeon’s perspective by means of augmented reality glasses. This help surgeon to identify which anatomical structures to preserve when removing sick tissues.

Americas has the largest global export quantity and manufacturers in Medical Hyperspectral Imaging (MHSI) market with about 44% market share in 2019, while the APAC is the second sales volume market for about 35% of the market and the number is still increasing.

In the industry, Headwall Photonics profits most in 2019 and recent years, while Resonon and IMEC ranked 2 and 3. The market share of them is 24.38%, 17.44% and 10.82% in 2019.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Medical Hyperspectral Imaging (MHSI), including Visible + Near Infrared Light, Short-Wavelength Infrared and Other. And Visible + Near Infrared Light is the main type for Medical Hyperspectral Imaging (MHSI), and the Visible + Near Infrared Light reached a sales value of approximately 66.14% of global sales value.

Hyperspectral Imaging has a wide range of applications, the major applications including Diagnostic Centres, Hospitals, Research & Academic Centres

and Pharmaceutical & Biotechnology Companies, Pharmaceutical & Biotechnology Companies is the most important part, as the market share is nearly 42%.

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

This Insight Report provides a comprehensive analysis of the global Medical Hyperspectral Imaging (MHSI) 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 Medical Hyperspectral Imaging (MHSI) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Hyperspectral Imaging (MHSI) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Hyperspectral Imaging (MHSI) 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 Medical Hyperspectral Imaging (MHSI).

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Hyperspectral Imaging (MHSI) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Visible + Near Infrared Light
Short-Wavelength Infrared
Others

Segmentation by Application:
Diagnostic Centres
Hospitals
Research & Academic Centres
Pharmaceutical & Biotechnology Companies

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.
Headwall Photonics
Resonon
IMEC
EVK DI Kerschhaggl
Cubert
Galileo
Specim
Gooch & Housego
Surface Optics
Norsk Elektro Optikk A/S
Wayho Technology
BaySpec

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Hyperspectral Imaging (MHSI) market?

What factors are driving Medical Hyperspectral Imaging (MHSI) market growth, globally and by region?

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

How do Medical Hyperspectral Imaging (MHSI) market opportunities vary by end market size?

How does Medical Hyperspectral Imaging (MHSI) break out by Type, by Application?

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