The North America near infrared imaging market is expected to reach US$ 193.83 million in 2027 from US$ 137.73 million in 2019. The market is estimated to grow with a CAGR of 4.5% from 2020-2027.
Near infrared imaging is a noninvasive and relatively low-cost optical technique that North America Near Infrared Imaging Market is becoming a widely used instrument for measuring tissue O2 saturation, changes in hemoglobin volume and, indirectly, brain/muscle blood flow and muscle O2 consumption. NIR light (700-1000nm) penetrates superficial layers (skin, subcutaneous fat, skull, etc.) and is either absorbed by chromophores (oxy- and deoxyhemoglobin and myoglobin) or scattered within the tissue. Since it offers faster resolution and is less harmless to patients, it is beneficial over other strategies.
US Near Infrared Imaging Market Revenue and Forecasts to 2027 (US$ MN)
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NORTH AMERICA NEAR INFRARED IMAGING MARKET SEGMENTATION
By Product
- Device
- Near-Infrared Fluorescence Imaging Systems
- Near-Infrared Fluorescence and Bioluminescence Imaging Systems
- Reagent
- Indocyanine Green (ICG)
- Others
By Application
- Cancer Surgeries
- Cardiovascular Surgeries
- Gastrointestinal Surgeries
- Plastic/Reconstructive Surgeries
- Preclinical Imaging
- Others
By End User
- Hospitals and Clinics
- Pharmaceutical and Biotechnology Companies
- Research Laboratories
By Country
North America
- US
- Canada
- Mexico
Company Profiles
- KARL STORZ SE & Co. KG
- Olympus Corporation
- Carl Zeiss Meditec AG
- Leica Microsystems Nussloch GmbH
- Perkin Elmer, Inc.
- LI-COR, Inc.
- Hamamatsu Photonics K.K.
- Quest Medical Imaging B.V.
- Mizuho Medical Co,Ltd.
- SHIMADZU CORPORATION
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Application, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Near Infrared Imaging Market – By Product
1.3.2 Near Infrared Imaging Market – By Application
1.3.3 Near Infrared Imaging Market – By End User
1.3.4 North America Near Infrared Imaging Market – By Country
2. North America Near Infrared Imaging Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Near Infrared Imaging Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Near Infrared Imaging Market- North America PEST Analysis
4.3 Expert Opinion
5. North America Near Infrared Imaging Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Number of Surgical Procedures
5.1.2 Increasing Number of Chronic Diseases and a Rise in the Geriatric Population
5.2 Market Restraints
5.2.1 Insufficiency of Skilled Professionals
5.3 Market Opportunities
5.3.1 Multiple Benefits Offered by Near-Infrared Imaging
5.4 Future Trends
5.4.1 Rising Number of Market Players
5.5 Impact Analysis
6. Near Infrared Imaging Market – North America Analysis
6.1 North America Near Infrared Imaging Market Revenue Forecasts and Analysis
7. North America Near Infrared Imaging Market Analysis and Forecasts To 2027 – ByProduct
7.1 Overview
7.2 Near Infrared Imaging Market Share, by Product, 2019 and 2027 (%)
7.3 Devices
7.3.1.1 Overview
7.3.1.2 Devices: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
7.3.2 Near Infrared Fluorescence Imaging Systems
7.3.2.1.1 Overview
7.3.2.1.2 Near Infrared Fluorescence Imaging Systems: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
7.3.3 Near Infrared Fluorescence and Bioluminescence Imaging Systems
7.3.3.1.1 Overview
7.3.3.1.2 Near Infrared Fluorescence and Bioluminescence Imaging Systems: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
7.4 Reagents
7.4.1.1 Overview
7.4.1.2 Reagents: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
7.4.2 Indocyanine Green (ICG)
7.4.2.1.1 Overview
7.4.2.1.2 Indocyanine Green (ICG): Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
7.4.3 Others
7.4.3.1.1 Overview
7.4.3.1.2 Others: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8. North America Near Infrared Imaging Market Analysis – ByApplication
8.1 Overview
8.2 Near Infrared Imaging Market Share, by Application, 2019 and 2027 (%)
8.3 Preclinical Imaging
8.3.1.1 Overview
8.3.1.2 Preclinical Imaging: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8.4 Cancer Surgeries
8.4.1.1 Overview
8.4.1.2 Cancer Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8.5 Gastrointestinal Surgeries
8.5.1.1 Overview
8.5.1.2 Gastrointestinal Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8.6 Cardiovascular Surgeries
8.6.1.1 Overview
8.6.1.2 Cardiovascular Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8.7 Plastic/Reconstructive Surgeries
8.7.1.1 Overview
8.7.1.2 Plastic/Reconstructive Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1.1 Overview
8.8.1.2 Others: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
9. North America Near Infrared Imaging Market Analysis – By End-User
9.1 Overview
9.2 Near Infrared Imaging Market Share, by End User, 2019 and 2027 (%)
9.3 Hospitals and Clinics
9.3.1.1 Overview
9.3.1.2 Hospitals: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
9.4 Pharmaceutical and Biotechnology Companies
9.4.1.1 Overview
9.4.1.2 Pharmaceutical and Biotechnology Companies: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
9.4.2 Research Laboratories
9.4.2.1 Overview
9.4.2.2 Research Laboratories: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
10. Near Infrared Imaging Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 North America: Near Infrared Imaging Market
10.1.1 Overview
10.1.2 North America: Near Infrared Imaging Market, - Revenue and Forecast to 2027 (USD Million)
10.1.3 North AmericaNear Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.3.1 North AmericaNear Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
10.1.3.2 North AmericaNear Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
10.1.4 North AmericaNear Infrared Imaging Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.1.5 North AmericaNear Infrared Imaging Market, by End User– Revenue and Forecast to 2027 (USD Million)
10.1.6 North America: Near Infrared Imaging Market, by Country, 2019 & 2027 (%)
10.1.7 US: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 US: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 US Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.7.2.1 US Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
10.1.7.2.2 US Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
10.1.7.3 US Near Infrared Imaging Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.1.7.4 US Near Infrared Imaging Market, by End User– Revenue and Forecast to 2027 (USD Million)
10.1.8 Canada: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Canada: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Canada Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.8.2.1 Canada Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
10.1.8.2.2 Canada Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Canada Near Infrared Imaging Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Canada Near Infrared Imaging Market, by End User– Revenue and Forecast to 2027 (USD Million)
10.1.9 Mexico: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Mexico: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Mexico Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
10.1.9.2.1 Mexico Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
10.1.9.2.2 Mexico Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
10.1.9.3 Mexico Near Infrared Imaging Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.1.9.4 Mexico Near Infrared Imaging Market, by End User– Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on North America Near Infrared Imaging Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. COMPANY PROFILES
12.1 KARL STORZ SE & Co. KG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Olympus Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Carl Zeiss Meditec AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Leica Microsystems Nussloch GmbH (Danaher)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of terms
LIST OF TABLES
Table 1. North AmericaNear Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 2. North AmericaNear Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
Table 3. North AmericaNear Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
Table 4. North AmericaNear Infrared Imaging Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 5. North AmericaNear Infrared Imaging Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 6. US Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 7. US Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
Table 8. US Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
Table 9. US Near Infrared Imaging Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 10. US Near Infrared Imaging Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 11. Canada Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 12. Canada Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
Table 13. Canada Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
Table 14. Canada Near Infrared Imaging Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. Canada Near Infrared Imaging Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 16. Mexico Near Infrared Imaging Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 17. Mexico Near Infrared Imaging Market, by Device– Revenue and Forecast to 2027 (USD Million)
Table 18. Mexico Near Infrared Imaging Market, by Reagents– Revenue and Forecast to 2027 (USD Million)
Table 19. Mexico Near Infrared Imaging Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 20. Mexico Near Infrared Imaging Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 21. Glossary of Terms,Near Infrared Imaging Market
LIST OF FIGURES
Figure 1. Near Infrared ImagingMarket Segmentation
Figure 2. North America Near Infrared Imaging Market Overview
Figure 3. DeviceSegment Held Largest Share of Product inNear Infrared ImagingMarket
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Near Infrared Imaging Market - North America PEST Analysis
Figure 6. Near Infrared Imaging Market Impact Analysis of Driver and Restraints
Figure 7. North America Near Infrared Imaging Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 8. Near Infrared Imaging Market Share, by Product, 2019 and 2027 (%)
Figure 9. Devices: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 10. Near Infrared Fluorescence Imaging Systems: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 11. Near Infrared Fluorescence and Bioluminescence Imaging Systems: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 12. Reagents: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 13. Indocyanine Green (ICG): Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 14. Others: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 15. Near Infrared Imaging Market Share, by Application, 2019 and 2027 (%)
Figure 16. Preclinical Imaging: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 17. Cancer Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 18. Gastrointestinal Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 19. Cardiovascular Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 20. Plastic/Reconstructive Surgeries: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 21. Others: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 22. Near Infrared Imaging Market Share, by End User, 2019 and 2027 (%)
Figure 23. Hospitals: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 24. Pharmaceutical and Biotechnology Companies: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 25. Research Laboratories: Near Infrared Imaging Market– Revenue and Forecast to 2027 (US$ Million)
Figure 26. North America: Near Infrared Imaging Market, by Key Country – Revenue (2019) (USD Million)
Figure 27. North America: Near Infrared Imaging Market, Revenue and Forecast to 2027 (USD Million)
Figure 28. North America: Near Infrared Imaging Market, by Country, 2019 & 2027 (%)
Figure 29. US: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
Figure 30. Canada: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
Figure 31. Mexico: Near Infrared Imaging Market – Revenue and Forecast to 2027 (USD Million)
Figure 32. Impact of COVID-19 Pandemic in North America Country Markets
- KARL STORZ SE & Co. KG
- Olympus Corporation
- Carl Zeiss Meditec AG
- Leica Microsystems Nussloch GmbH
- Perkin Elmer, Inc.
- LI-COR, Inc.
- Hamamatsu Photonics K.K.
- Quest Medical Imaging B.V.
- Mizuho Medical Co,Ltd.
- SHIMADZU CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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