Near Infrared Medical Imaging Market size is estimated to be USD 1.57 Billion in 2024 and is expected to reach USD 4.35 Billion by 2033 at a CAGR of 12.1% from 2026 to 2033.
In 2022, the global Near Infrared Medical Imaging market was valued at approximately USD 522.8 million and is projected to reach USD 1,040.8 million by 2029, reflecting a compound annual growth rate (CAGR) of 10.3% during the forecast period. North America led the market with a 40.6% share in 2024, driven by high disposable incomes, rapid adoption of advanced medical devices, and a significant number of cancer cases. The U.S. accounted for 77.2% of the North American market in 2024, supported by technological advancements and a preference for minimally invasive procedures. Europe also held a substantial market share in 2024, with Germany experiencing lucrative growth due to an aging population and increasing prevalence of chronic diseases. The Asia Pacific region is expected to register the fastest CAGR of 4.4% during the forecast period, with developing countries like China, India, and Japan contributing significantly. Japan dominated the Asia Pacific market in 2024, driven by a rising incidence of chronic diseases and technological innovations. In India, the near infrared imaging market generated USD 65.9 million in 2023 and is anticipated to reach USD 92.0 million by 2030, growing at a CAGR of 4.9% from 2024 to 2030. Latin America and the Middle East & Africa are projected to witness steady growth, fueled by increasing healthcare expenditures and the rising adoption of advanced medical imaging technologies.
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Nipro Corporation
GE Healthcare
NikkoIA SAS
Canon Medical Systems
Bruker Corporation
Carl Zeiss Meditec
Shimadzu Corporation
PerkinElmer
MIZUHO Corporation
Karl Storz
Nipro Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Near Infrared Medical Imaging Market
Continuous Wave (CW) Imaging
Time-Domain Imaging
Frequency-Domain Imaging
Multispectral Imaging
Photoacoustic Imaging
Oncology
Neurology
Cardiology
Skin Disorders
Musculoskeletal Disorders
Hospitals
Diagnostic Imaging Centers
Research Institutions
Ambulatory Surgical Centers
Home Care Settings
Portable/Near-Infrared Devices
Stationary/Near-Infrared Devices
Consumable Sensors
Handheld Imaging Devices
Hardware
Software
Services
Consumables
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Near Infrared Medical Imaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Near Infrared Medical Imaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Near Infrared Medical Imaging Market, By Type
6. Global Near Infrared Medical Imaging Market, By Application
7. Global Near Infrared Medical Imaging Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Near Infrared Medical Imaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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