Global Near Infrared Imaging Market is expected to reach USD 709.5 million by 2025, from USD 366.7 million in 2017 growing at a CAGR of 8.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Definition: Global Near Infrared Imaging Market
Non- infrared imaging is a non- invasive imagining technique which uses infrared light between 650 and 950 nm. Non- infrared offers several hands free It is used to detect the changes happened in brain activity, diseases and injury. It is mostly applicable in measuring and visualizing both the oxygenated and deoxygenated hemoglobin concentrations.
Non- infrared imaging market is growing tremendously. For instance, with modern surgical techniques, 20 to 25% of breast cancers are still resected and ratified.
There have been tremendous technological advancements in the field of Non- infrared imaging in the last decade, for instance, non- infrared is beneficial in providing alternate solution to cure from the chronic diseases. Nowadays, its mostly applicable in all the hospitals and clinics.
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Segmentation: Global Near Infrared Imaging Market
- The global near infrared imaging market is segmented based on the product, application, end user and geographical segments.
- Based on product market is segmented into near-infrared fluorescence imaging, near infrared fluorescence & bioluminescence imaging devices, reagents.
- On the basis of application market is segmented into Cardiovascular Surgeries, Gastrointestinal Surgeries, Plastic/Reconstructive Surgeries, Cancer Surgeries, In Vivo Imaging, others.
- On the basis of end user market is segmented into Hospitals, Research Laboratories, Others.
- Based on geography the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
Competitive Analysis: Global Near Infrared Imaging Market
The global near infrared imaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global near infrared imaging market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Near Infrared Imaging Market
Some of the major players operating in global near infrared imaging 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.
Major Market Drivers and Restraints:
- Enhancing the R&D in healthcare sector by bringing the IT solutions.
- Increasing preference due to no radiation risk from infrared imaging.
- Lacks of skilled individual to operate the imaging techniques.
- increase in number of chronic disease
- Poor power penetration hampers the near infrared technology.
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