Near Infrared Imaging Market by Product Type (NIR Fluorescence Imaging, Reagents), Application (Cancer surgery, Plastic surgery, Gastrointestinal surgery) End Users (Hospitals & Clinics, Research laboratory, Pharmaceutical companies) - Global Forecast to 2023
[175 Pages Report] The near-infrared imaging market is projected to reach USD 822 million by 2023 from an estimated USD 416 million in 2018, at a CAGR of 14.6% during the forecast period. Growth in the near-infrared imaging market can primarily be attributed to the increasing number of surgical procedures globally and the advantages of NIR imaging over conventional visualization methods.
Devices segment to dominate the near-infrared imaging market, by product
Based on product, the market is segmented into devices and reagents. In 2018, the devices segment is expected to account for a larger share of the near-infrared imaging market majorly due to the rising prevalence of cancer and the increasing number of research activities on cancer.
Indocyanine green segment to dominate the near-infrared imaging reagents market during the forecast period
Based on type, the near-infrared imaging reagents market is segmented into indocyanine green (ICG) and other reagents. The indocyanine green segment is expected to grow at a higher CAGR during the forecast period owing to the fact that ICG is the only approved fluorescent dye for clinical use with all key products such as SPY elite, PINPOINT, and SPY-PHI. Also, ICG is cost-effective and has potentially no adverse effects.
Hospitals & clinics estimated to be the fastest-growing end-user segment
On the basis of end user, the near-infrared imaging market is segmented into hospitals & clinics, research laboratories, and pharmaceutical & biotechnology companies. Hospitals & clinics are estimated to form the fastest-growing end-user segment in this market majorly due to the increasing prevalence of cancer and the rising number of plastic and reconstructive surgeries performed in hospitals and clinics.
North America to account for the largest market share during the forecast period
North America is the major revenue generating region in the near-infrared imaging market. The near-infrared imaging market in North America is driven by the high healthcare spending, rising geriatric population, rising prevalence of target diseases, increasing number of cosmetic surgeries, and the rapid adoption of technologically advanced imaging systems in the region.
Key Market Players
The key players operating in the near-infrared imaging market are Stryker (US), KARL STORZ SE & Co. KG (Germany), Carl Zeiss Meditec AG (Germany), Leica Microsystems (Germany), Olympus (Japan), Fluoptics (France), Hamamatsu Photonics K.K (Japan), Quest Medical Imaging B.V. (Netherlands), Mizuho Medical Co, Ltd. (Japan), Shimadzu Corporation (Japan), Visionsense (Israel), PerkinElmer, Inc. (US), LI-COR, Inc. (US), and SurgVision (Netherlands).
Recent Developments
- In 2018, Medtronic acquired VisionSense, an Israel-based company engaged in the development of imaging and visualization solutions for minimally invasive surgeries. This allowed the company to gain access to VisionSenses near-infrared imaging devices.
- In 2017, Bracco Imaging entered into the near-infrared imaging market with the acquisition of SurgVision.Surgvision is a start-up company focused on developing fluorescence image-guided surgery platform solutions using high-definition cameras and tracers. The acquisition of Surgvision has expanded Braccos portfolio of imaging solutions for healthcare professionals in oncology.
- In 2017, Stryker acquired NOVADAQ Technologies Inc., a leading developer of fluorescence imaging technologies providing surgeons with the visualization of blood flow in vessels and related tissue perfusion in cardiac, cardiovascular, gastrointestinal, plastic, microsurgical, and reconstructive procedures, for USD 701 million. This strategic acquisition made Stryker a leading player in the near-infrared imaging market.
Key questions addressed by the report
- What are the key players operating in the market and how intense is the competition?
- Emerging countries provide immense opportunities for the growth of the near-infrared imaging market. Will this scenario continue in the coming years?
- What product segments will dominate in the coming years?
- What are the challenges limiting the adoption of near-infrared imaging systems?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Market Data Validation and Triangulation
2.3 Product Matrix
2.4 Assumptions for the Study
3 Executive Summary (Page No. - 31)
4 Premium Insights (Page No. - 36)
4.1 Near-Infrared Imaging: Market Overview
4.2 North American Near-Infrared Imaging Market, By Product, 2018 (USD Million)
4.3 Near-Infrared Imaging Market: Geographic Snapshot
5 Market Overview (Page No. - 39)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Number of Global Surgical Procedures Owing to the Rising Prevalence of Target Diseases
5.2.1.2 Advantages of NIR Imaging Over Conventional Visualization Methods
5.2.2 Restraints
5.2.2.1 Lengthy Approval Process Limiting the Availability of Targeted Fluorophores
5.2.3 Opportunities:
5.2.3.1 Growth Potential in Emerging Economies
5.2.4 Challenges
5.2.4.1 Scarcity of Trained Professionals
6 Near-Infrared Imaging Market, By Product (Page No. - 44)
6.1 Introduction
6.2 Devices
6.2.1 Near-Infrared Fluorescence Imaging Systems
6.2.1.1 Near-Infrared Fluorescence Imaging Systems to Account for the Larger Market Share
6.2.2 Near-Infrared Fluorescence & Bioluminescence Imaging Systems
6.2.2.1 Near-Infrared Fluorescence & Bioluminescence Imaging Systems Offer High Sensitivity and High Efficiency at A Relatively Low Cost
6.3 Reagents
6.3.1 Indocyanine Green (ICG)
6.3.1.1 Indocyanine Green Offers Higher Signal-To-Background Ratio Due to Lower Autofluorescence, Increased Tissue Penetration, and Greater Brightness
6.3.1.2 Other Reagents
7 Near-Infrared Imaging Market, By Application (Page No. - 51)
7.1 Introduction
7.2 Preclinical Imaging
7.2.1 Increasing Research in the Fields of Cancer and Infectious & Vascular Diseases to Drive the Adoption of NIR Imaging Market for Preclinical Imaging
7.3 Cancer Surgeries
7.3.1 Rising Prevalence of Cancer to Drive Growth in the Cancer Surgeries Application Segment
7.4 Gastrointestinal Surgeries
7.4.1 Rising Number of Laparoscopic Cholecystectomy Procedures to Drive the NIR Imaging Market for Gastrointestinal Surgeries
7.5 Cardiovascular Surgeries
7.5.1 Rising Prevalence of Cardiovascular Diseases to Drive the Adoption of NIR Imaging for Cardiovascular Surgeries
7.6 Plastic/Reconstructive Surgeries
7.6.1 Increasing Number of Reconstructive Surgeries to Drive the Market Growth
7.7 Other Applications
8 Near-Infrared Imaging Market, By End User (Page No. - 59)
8.1 Introduction
8.2 Hospitals & Clinics
8.2.1 Rising Number of Cancer Surgeries and Reconstructive Surgeries in Hospitals and Clinics to Drive Market Growth in This Segment
8.3 Pharmaceutical & Biotechnology Companies
8.3.1 NIR Imaging Plays A Key Role in the Preclinical Research and Drug Discovery Processes in Pharmaceutical & Biotechnology Companies
8.4 Research Laboratories
8.4.1 Funding From Government Organizations for Biomedical Research to Drive the Adoption of NIR Imaging in Research Laboratories
9 Near-Infrared Imaging Market, By Region (Page No. - 65)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 Advanced Healthcare Infrastructure and Favorable Regulations Have Supported Market Growth in the US
9.2.2 Canada
9.2.2.1 Availability of Research Funding Will Drive the Growth of the Market in Canada
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany Dominates the European Market for NIR Imaging
9.3.2 France
9.3.2.1 Rapid Growth in the Aging Population to Be A Key Growth Driver for the French Market
9.3.3 UK
9.3.3.1 Healthcare Expenditure has Decreased in the Uk, Which May Restrain the Demand for NIR Imaging
9.3.4 Italy
9.3.4.1 Escalating Costs are Driving Attention Toward Value-Based Healthcare in Italy
9.3.5 Spain
9.3.5.1 Healthcare Expenditure has Decreased in Spain, While Waiting Times Have Increased
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 China is Expected to Witness the Highest Growth in the APAC Near-Infrared Imaging Market
9.4.2 India
9.4.2.1 Growth in the Aging Population and Rising Prevalence of Disorders are Driving the Demand for Imaging Technologies in India
9.4.3 Japan
9.4.3.1 Japan Dominates the Near-Infrared Imaging Market in the Asia Pacific
9.4.4 Australia
9.4.4.1 Australia has the Highest Cancer Incidence Rate, Globally
9.4.5 South Korea
9.4.5.1 South Korea Accounts for the Highest Rate of Plastic Surgeries Performed Per Capita
9.4.6 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.1.1 Rising Purchasing Power and Favorable Investments to Drive the Market in Latin America
9.5.2 Middle East and Africa
9.5.2.1 Infrastructural Development Initiatives and Medical Tourism Will Support Market Growth
10 Competitive Landscape (Page No. - 127)
10.1 Introduction
10.2 Market Share Analysis
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Innovators
10.3.3 Dynamic Differentiators
10.3.4 Emerging Companies
10.4 Competitive Scenario
10.5 Competitive Scenario and Trends
10.5.1 Changing Competitive Landscape as Large Corporations Enter the NIR Imaging Market
10.5.2 Product Launches and Approvals
10.5.3 Expansions
10.5.4 Agreements, Collaborations, and Partnerships
10.5.5 Acquisitions
11 Company Profiles (Page No. - 135)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Stryker
11.2 Karl Storz Se & Co.Kg
11.3 Carl Zeiss Meditech AG
11.4 Leica Microsystems (A Subsidiary of Danaher Corporation)
11.5 Olympus Corporation
11.6 Perkinelmer, Inc.
11.7 Li-Cor, Inc.
11.8 Hamamatsu Photonics K.K.
11.9 Quest Medical Imaging B.V.
11.10 Mizuho Medical Co., Ltd.
11.11 Fluoptics
11.12 Shimadzu Corporation
11.13 Medtronic
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 167)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
List of Tables (129 Tables)
Table 1 Advantages of NIR Imaging Over Conventional Visualization Methods
Table 2 Near-Infrared Imaging Market, By Product, 20162023 (USD Million)
Table 3 Near-Infrared Imaging Devices Market, By Type, 20162023 (USD Million)
Table 4 Near-Infrared Fluorescence Imaging Systems Market, By Region, 20162023 (USD Million)
Table 5 Near-Infrared Fluorescence and Bioluminescence Imaging Systems Market, By Region, 20162023 (USD Million)
Table 6 Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 7 Indocyanine Green Market, By Region, 20162023 (USD Million)
Table 8 Other Reagents Market, By Region, 20162023 (USD Million)
Table 9 Market, By Application, 20162023 (USD Million)
Table 10 Market for Preclinical Imaging, By Region, 20162023 (USD Million)
Table 11 Market for Cancer Surgeries, By Region, 20162023 (USD Million)
Table 12 Market for Gastrointestinal Surgeries, By Region, 20162023 (USD Million)
Table 13 Market for Cardiovascular Surgeries, By Region, 20162023 (USD Million)
Table 14 Market for Plastic/Reconstructive Surgeries, By Region, 20162023 (USD Million)
Table 15 Market for Other Applications, By Region, 20162023 (USD Million)
Table 16 Market, By End User, 20162023 (USD Million)
Table 17 Market for Hospitals & Clinics, By Region, 20162023 (USD Million)
Table 18 Market for Pharmaceutical & Biotechnology Companies, By Region, 20162023 (USD Million)
Table 19 Estimates of Funding Received By Nih for Research, By Disease Condition, 20142018 (USD Million)
Table 20 Market for Research Laboratories, By Region, 20162023 (USD Million)
Table 21 Market, By Region, 20162023 (USD Million)
Table 22 North America: Market, By Country, 20162023 (USD Million)
Table 23 North America: Market, By Product, 20162023 (USD Million)
Table 24 North America: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 25 North America: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 26 North America: Market, By Application, 20162023 (USD Million)
Table 27 North America: Market, By End User, 20162023 (USD Million)
Table 28 US: Market, By Product, 20162023 (USD Million)
Table 29 US: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 30 US: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 31 US: Market, By Application, 20162023 (USD Million)
Table 32 US: Market, By End User, 20162023 (USD Million)
Table 33 Canada: Market, By Product, 20162023 (USD Million)
Table 34 Canada: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 35 Canada: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 36 Canada: Market, By Application, 20162023 (USD Million)
Table 37 Canada: Market, By End User, 20162023 (USD Million)
Table 38 Europe: Market, By Country, 20162023 (USD Million)
Table 39 Europe: Market, By Product, 20162023 (USD Million)
Table 40 Europe: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 41 Europe: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 42 Europe: Market, By Application, 20162023 (USD Million)
Table 43 Europe: Market, By End User, 20162023 (USD Million)
Table 44 Germany: Market, By Product, 20162023 (USD Million)
Table 45 Germany: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 46 Germany: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 47 Germany: Market, By Application, 20162023 (USD Million)
Table 48 Germany: Market, By End User, 20162023 (USD Million)
Table 49 France: Market, By Product, 20162023 (USD Million)
Table 50 France: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 51 France: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 52 France: Market, By Application, 20162023 (USD Million)
Table 53 France: Market, By End User, 20162023 (USD Million)
Table 54 UK: Market, By Product, 20162023 (USD Million)
Table 55 UK: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 56 UK: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 57 UK: Market, By Application, 20162023 (USD Million)
Table 58 UK: Market, By End User, 20162023 (USD Million)
Table 59 Italy: Market, By Product, 20162023 (USD Million)
Table 60 Italy: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 61 Italy: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 62 Italy: Market, By Application, 20162023 (USD Million)
Table 63 Italy: Market, By End User, 20162023 (USD Million)
Table 64 Spain: Market, By Product, 20162023 (USD Million)
Table 65 Spain: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 66 Spain: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 67 Spain: Market, By Application, 20162023 (USD Million)
Table 68 Spain: Market, By End User, 20162023 (USD Million)
Table 69 RoE: Market, By Product, 20162023 (USD Million)
Table 70 RoE: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 71 RoE: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 72 RoE: Market, By Application, 20162023 (USD Million)
Table 73 RoE: Market, By End User, 20162023 (USD Million)
Table 74 Asia Pacific: Market, By Country, 20162023 (USD Million)
Table 75 Asia Pacific: Market, By Product, 20162023 (USD Million)
Table 76 Asia Pacific: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 77 Asia Pacific: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 78 Asia Pacific: Market, By Application, 20162023 (USD Million)
Table 79 Asia Pacific: Market, By End User, 20162023 (USD Million)
Table 80 China: Market, By Product, 20162023 (USD Million)
Table 81 China: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 82 China: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 83 China: Market, By Application, 20162023 (USD Million)
Table 84 China: Market, By End User, 20162023 (USD Million)
Table 85 India: Market, By Product, 20162023 (USD Million)
Table 86 India: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 87 India: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 88 India: Market, By Application, 20162023 (USD Million)
Table 89 India: Market, By End User, 20162023 (USD Million)
Table 90 Japan: Market, By Product, 20162023 (USD Million)
Table 91 Japan: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 92 Japan: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 93 Japan: Market, By Application, 20162023 (USD Million)
Table 94 Japan: Market, By End User, 20162023 (USD Million)
Table 95 Australia: Market, By Product, 20162023 (USD Million)
Table 96 Australia: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 97 Australia: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 98 Australia: Market, By Application, 20162023 (USD Million)
Table 99 Australia: Market, By End User, 20162023 (USD Million)
Table 100 South Korea: Market, By Product, 20162023 (USD Million)
Table 101 South Korea: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 102 South Korea: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 103 South Korea: Market, By Application, 20162023 (USD Million)
Table 104 South Korea: Market, By End User, 20162023 (USD Million)
Table 105 RoAPAC: Market, By Product, 20162023 (USD Million)
Table 106 RoAPAC: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 107 RoAPAC: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 108 RoAPAC: Market, By Application, 20162023 (USD Million)
Table 109 RoAPAC: Market, By End User, 20162023 (USD Million)
Table 110 RoW: Market, By Region, 20162023 (USD Million)
Table 111 RoW: Market, By Product, 20162023 (USD Million)
Table 112 RoW: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 113 RoW: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 114 RoW: Market, By Application, 20162023 (USD Million)
Table 115 RoW: Market, By End User, 20162023 (USD Million)
Table 116 Latin America: Market, By Product, 20162023 (USD Million)
Table 117 Latin America: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 118 Latin America: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 119 Latin America: Market, By Application, 20162023 (USD Million)
Table 120 Latin America: Market, By End User, 20162023 (USD Million)
Table 121 Middle East and Africa: Market, By Product, 20162023 (USD Million)
Table 122 Middle East and Africa: Near-Infrared Imaging Devices Market, By Product, 20162023 (USD Million)
Table 123 Middle East and Africa: Near-Infrared Imaging Reagents Market, By Type, 20162023 (USD Million)
Table 124 Middle East and Africa: Market, By Application, 20162023 (USD Million)
Table 125 Middle East and Africa: Market, By End User, 20162023 (USD Million)
Table 126 Product Launches and Approvals
Table 127 Expansions
Table 128 Agreements, Collaborations, and Partnerships
Table 129 Acquisitions
List of Figures (36 Figures)
Figure 1 Near-Infrared Imaging Market Segmentation
Figure 2 Near-Infrared Imaging Market: Research Methodology
Figure 3 Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Figure 5: Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Near-Infrared Imaging Market, By Product, 2018 vs 2023 (USD Million)
Figure 9 Near-Infrared Imaging Devices Market, By Type, 2018 vs 2023 (USD Million)
Figure 10 Near-Infrared Imaging Reagents Market, By Type, 2018 vs 2023 (USD Million)
Figure 11 Near-Infrared Imaging Market, By Application, 2018 vs 2023 (USD Million)
Figure 12 Near-Infrared Imaging Market, By End User, 2018
Figure 13 North America to Dominate the Market During the Forecast Period
Figure 14 Increasing Number of Global Surgical Procedures is Driving Market Growth
Figure 15 Devices to Dominate the Near-Infrared Imaging Market During the Forecast Period
Figure 16 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Near-Infrared Imaging Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Near-Infrared Imaging Market, By Product, 2018 vs 2023 (USD Million)
Figure 19 Cancer Surgeries to Dominate the Near-Infrared Imaging Applications Market During the Forecast Period
Figure 20 Hospitals & Clinics to Dominate the Near-Infrared Imaging End-User Market During the Forecast Period
Figure 21 Near-Infrared Imaging Market, By Region, 2018 & 2023
Figure 22 North America: Near-Infrared Imaging Market Snapshot
Figure 23 Europe: Near-Infrared Imaging Market Snapshot
Figure 24 Asia Pacific: Near-Infrared Imaging Market Snapshot
Figure 25 RoW: Near-Infrared Imaging Market Snapshot
Figure 26 Near-Infrared Fluorescence Imaging Systems Market Share Analysis, By Key Player, 2017
Figure 27 Global Indocyanine Green Players Ranking, By Key Player, 2015
Figure 28 Key Developments in the Near-Infrared Imaging Market Between 2015 and 2018
Figure 29 Strategies Adopted By Market Players (20152018)
Figure 30 Company Snapshot: Stryker Corporation (2017)
Figure 31 Company Snapshot: Carl Zeiss Meditech AG (2018)
Figure 32 Danaher Corporation: Company Snapshot (2017)
Figure 33 Olympus Corporation (2017): Company Snapshot
Figure 34 Company Snapshot: Perkinelmer, Inc. (2017)
Figure 35 Company Snapshot: Hamamatsu Photonics K.K. (2017)
Figure 36 Shimadzu Corporation: Company Snapshot (2017)
The study involved four major activities to estimate the current size for the near-infrared imaging market. Exhaustive secondary research was done to collect information about the market, peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. After this, both top-down and bottom-up approaches were employed to estimate the complete market size. Finally, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as the The Optical Society (OSA), International Society for Optics and Photonics (SPIE), U.S. Department of Health & Human Services (HHS), National Institute of Biomedical Imaging and Bioengineering, World Health Organization (WHO), BioOptics World, Eurostat, American Stroke Association, National Institutes of Health (NIH), Photonics Media, World Cancer Research Fund International (WCRFI), Statistisches Bundesamt (Destatis), European Network on High Performance and Embedded Architecture and Compilation (HiPEAC), European Society of Surgical Oncology, Commissariat ΰ lEnergie Atomique et aux Energies Alternatives (CEA), directories, industry journals, databases, press releases, and annual reports of companies have been used to identify and collect information useful for the study of this market.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the near-infrared imaging market. The primary sources from the demand side include surgeons, purchase managers, and personnel from research organizations and academic institutes.
- A robust primary research methodology has been adopted to validate the contents of the report
- Both telephonic and e-mail interviews of primary participants were conducted through questionnaires
Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Top-down and bottom-up approaches were used to validate the size of the near-infrared imaging market and estimate the size of other dependent submarkets. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market sizeusing the market size estimation processes as explained abovethe market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the near-infrared imaging market by product, application, end user, and region
- To provide detailed information regarding factors influencing market growth (such as drivers, restraints, opportunities, and challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To strategically analyze the market structure and profile the key players operating the near-infrared imaging market and comprehensively analyze their core competencies
- To forecast the size of the market segments in North America, Europe, the Asia Pacific, and the Rest of the World
- To track and analyze competitive developments such as product launches, product enhancements, expansions, acquisitions, partnerships, collaborations, and agreements
Scope of the report
|
Report Metric |
Details |
|
Market size available for years |
20162023 |
|
Base year considered |
2017 |
|
Forecast period |
20182023 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Product, Application, End User, and Region |
|
Geographies covered |
North America, Europe, the Asia Pacific, and the Rest of the World |
|
Companies covered |
Stryker (US), KARL STORZ SE & Co. KG (Germany), Carl Zeiss Meditec AG (Germany), Leica Microsystems (Germany), Olympus (Japan), Fluoptics (France), Hamamatsu Photonics K.K (Japan), Quest Medical Imaging B.V. (Netherlands), Mizuho Medical |
This research report categorizes the near-infrared imaging market based on product, application, end user, and region.
On the basis of Product, the near-infrared imaging market has been segmented as follows:
- Devices
- Near-infrared Fluorescence Imaging Systems
- Near-infrared Fluorescence & Bioluminescence Imaging Systems
- Reagents
- ICG
- Other Reagents
On the basis of Application, the near-infrared imaging market has been segmented as follows:
- Cancer Surgeries
- Plastic/Reconstructive Surgeries
- Gastrointestinal Surgeries
- Cardiovascular Surgeries
- Preclinical Imaging
- Other Applications
On the basis of End User, the near-infrared imaging market has been segmented as follows:
- Hospitals & Clinics
- Research Laboratories
- Pharmaceutical & Biotechnology Companies
On the basis of Region, the near-infrared imaging market has been segmented as follows:
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Available Customizations
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Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolios of each company
Company Information
- Detailed analysis and profiling of additional market players (up to 3)
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Growth opportunities and latent adjacency in Near Infrared Imaging Market