Global Near-infrared Fluorescence Imaging Systems Market, By Type (Devices, Reagents), Application (Preclinical Imaging, Cancer Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, Plastic/Reconstructive Surgeries, Other Applications), End- User (Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Research Laboratories), Indication (Cancer Surgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, Plastic/Reconstructive Surgeries, Other), – Industry Trends and Forecast to 2029
Near-infrared Fluorescence Imaging Systems Market Analysis and Size
The clinical applications of near-infrared fluorescence imaging systems for various surgical procedures are growing. NIRF imaging necessitates the administration of a fluorescence-imaging agent that can be excited at 760 nm near-infrared (NIR) wavelengths. Fluorescent contrast agents not only provide enhanced contrast but also reveal specific molecular events associated with cancer formation and progression. During surgery, indocyanine green fluorescence imaging allows for the simple and real-time identification of lymphatic vessels as well as the confirmation of blood flow. NIRF imaging systems are crucial in cancer surgeries.
Data Bridge Market Research analyses that the near-infrared fluorescence imaging systems market was valued at USD 1.67 billion in 2021 and is expected to reach the value of USD 4.01 billion by the year 2029, at a CAGR of 10.80% during the forecast period. The near-infrared fluorescence imaging systems market is driven by the increasing prevalence of eye disorders as a result of the ageing population.
Market Definition
Near-infrared imaging is a minimally invasive and non-ionizing diagnostic tool for tissue imaging that primarily employs near-infrared radiations ranging from 780 nm to 2500 nm. This technique is used to assess the concentration and oxygenation of haemoglobin in the brain, muscle, and other tissues. It can provide greater clarity than other imaging processes. They are widely used in a variety of applications such as cardiovascular surgery, plastic surgery, cancer surgery, and preclinical imaging, to name a few.
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2019 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Devices, Reagents), Application (Preclinical Imaging, Cancer Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, Plastic/Reconstructive Surgeries, Other Applications), End- User (Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Research Laboratories), Indication (Cancer Surgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, Plastic/Reconstructive Surgeries, Other)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Thermo Fisher Scientific, (U.S), Agilent Technologies, Inc., (U.S), PerkinElmer, Inc., (U.S), Medtronic (Ireland), Horiba, (Japan), Teledyne FLIR LLC, (U.S), Shimadzu Corporation, (Japan), Miltenyi Biotec, (U.S), Metrohm India Limited, (Switzerland), Bruker, (U.S), Hitachi High-Tech Corporation, (Japan), JASCO, (Japan), Newport Corporation, (U.S), Bruker (US), Abbott (US), Oxford Instruments, (U.K), Quest Medical Imaging B.V. (Netherlands), Sartorius AG, (Germany) and Teledyne Princeton Instruments (U.S)
|
|
Market Opportunities
|
|
Near-infrared Fluorescence Imaging Systems Market Dynamics
Drivers
- The broadening application areas of Near-infrared fluorescence imaging systems
The increasing number of patients suffering from target diseases such as lung cancer and cardiovascular surgery, among others, is expected to drive up demand for near infrared imaging.
The growth in geriatric population
The growing geriatric population and increased health awareness among the population is a driving factor in the near infrared imaging market, as adults are more susceptible to these disorders. The adoption of technologically advanced imaging is expected to generate more opportunities for the market.
Regulatory Compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.
- Government investments
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the Near-infrared fluorescence imaging systems market.
Restraints/Challenges
However, the high cost of infrared detectors, as well as the availability of alternative imaging techniques, are impeding market growth. The lengthy approval process, on the other hand, may stifle market growth.
This near-infrared fluorescence imaging systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the near-infrared fluorescence imaging systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Near-infrared Fluorescence Imaging Systems Market
Despite the emergency, the number of patient visits to hospitals has decreased significantly over the last six months. Surgical procedures are being managed in a variety of ways during the COVID-19 pandemic. Patients are avoiding medical facilities in order to avoid contact with COVID-19 patients and healthcare professionals. Reduced mortality rates have been observed in a variety of acute and critical conditions, including stroke, myocardial infarction, and various cancers. As governments and authorities work to ensure the availability of resources for COVID-19 patients, the near-infrared imaging market is expected to be impacted by the temporary postponement of various elective surgeries. Manufacturing facilities that have been closed due to lockdowns have also disrupted supply chains, and lower recruitments for clinical trials have hampered the overall growth of the near-infrared market.
Global Near-infrared Fluorescence Imaging Systems Market Scope
The near-infrared fluorescence imaging systems market is segmented on the basis type, application, end user and indication. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Devices
- Reagents
Application
- Preclinical imaging
- Cancer surgeries
- Gastrointestinal surgeries
- cardiovascular surgeries
- Plastic/reconstructive surgeries
- Other
End User
- Hospitals
- Radiology clinics
- Ambulatory imaging centres
- Others
- Pharmaceutical and biotechnology companies
- Diagnostic imaging centres
Indication
- Cancer surgeries
- Cardiovascular surgeries
- Gastrointestinal surgeries
- Plastic/reconstructive surgeries
- Others
Near-infrared Fluorescence Imaging Systems Market Regional Analysis/Insights
The near-infrared fluorescence imaging systems market is analysed and market size insights and trends are provided by country, type, application, end user and indication as referenced above.
The countries covered in the near-infrared fluorescence imaging systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to the rapid adoption of technologically advanced imaging systems, the rising prevalence of target diseases, and the increasing number of cosmetic surgeries in the region, North America dominates the near infrared imaging market. Asia-Pacific, on the other hand, is expected to grow at the fastest rate during the forecast period of 2022 to 2029, owing to its large population base and rising healthcare spending.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The near-infrared fluorescence imaging systems market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for near-infrared fluorescence imaging systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the near-infrared fluorescence imaging systems market. The data is available for historic period 2010-2020.
Competitive Landscape and Near-infrared Fluorescence Imaging Systems Market Share Analysis
The near-infrared fluorescence imaging systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to near-infrared fluorescence imaging systems market.
Some of the major players operating in the near-infrared fluorescence imaging systems market are
- Thermo Fisher Scientific, (U.S)
- Agilent Technologies, Inc., (U.S)
- PerkinElmer, Inc., (U.S)
- Medtronic (Ireland)
- Horiba, (Japan)
- Teledyne FLIR LLC, (U.S)
- Shimadzu Corporation, (Japan)
- Miltenyi Biotec, (U.S)
- Metrohm India Limited, (Switzerland)
- Bruker, (U.S)
- Hitachi High-Tech Corporation, (Japan)
- JASCO, (Japan)
- Newport Corporation, (U.S)
- Bruker (US)
- Abbott (US)
- Oxford Instruments, (U.K)
- Quest Medical Imaging B.V. (Netherlands)
- Sartorius AG, (Germany)
- Teledyne Princeton Instruments (U.S),
SKU-