Global Near Infrared Imaging Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global near infrared imaging market accounted to USD 366.7 million in 2017 growing at a CAGR of 8.6% during the forecast period of 2018 to 2025.

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Global Near Infrared Imaging Market

Non- infrared imaging is a non- invasive imagining technique which uses infrared light between 650 and 950 nm and helps in the detection of amount of hemoglobin present in brain and body tissues and muscles. It is mostly preferable for measuring and visualizing both the deoxygenated and oxygenated hemoglobin concentrations. Near infrared imaging is also developed for diagnosis breast cancer, Alzheimer’s disease, depression and schizophrenia.

Segmentation: Global  Near Infrared Imaging Market

Global  near infrared imaging market is segmented on the basis of  product, application, end-users and geography.

By Product (Near-Infrared Fluorescence Imaging, Near Infrared Fluorescence & Bioluminescence Imaging Devices, Reagents), By Application (In vivo Imaging, Cancer Surgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, Plastic/Reconstructive Surgeries, Others), By End Users (Hospitals, Research Labs, Others),  By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

FACTORS DRIVING GROWTH IN NEAR INFRARED IMAGING MARKET

Increase in number of chronic disease

According to World Health Organization, the occurrence rate of chronic diseases is rapidly growing all over the world, causing more deaths than any other cause. According to the reports of 2001, 60% of the 56.5 million total reported deaths in the world are due to the chronic diseases and the worldwide burden of disease is around 46%. The worldwide burden of chronic diseases are anticipated to increase to 57% by 2020. Nearly half of the total chronic disease deaths are attributable to cardiovascular diseases; obesity and diabetes are also showing worrying trends, not only because they already affect a large proportion of the population, but also because they have started to appear earlier in life.

The most leading cause of death in the U.S. is chronic disease.

  • About 133 million Americans which is 45% of the total population is suffering from at least one chronic disease.
  • For chronic diseases causing seven out of every 10 deaths in the U.S., which is causing nearly more than 1.7 million deaths Americans yearly.

Key Market Competitors: Global  Near Infrared Imaging Market

Few of the major competitors currently working in the medical automation market are Bruker , Hamamatsu Photonics K.K., LI-COR, Inc. , Miltenyi Biotec , MIZUHO Corporation, PerkinElmer Inc., NOVADAQ Technologies Inc., Thermo Fisher Scientific Inc., FLIR® Systems, Inc., Fluke, Sensors Unlimited, Leonardo DRS, Raptor Photonics, C-THERMAL, Opgal among others.

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