Near Infrared Medical Imaging Market Outlook, and Opportunity Analysis, 2022-2028 | Coherent Market Insights

 

Near Infrared Medical Imaging Market

The Near Infrared Medical Imaging Market is expected to increase significantly over the forecast period as a result of increasing NIR fluorescence imaging usage due to benefits including minimally invasiveness and high efficacy in diagnosing various illnesses. Additionally, the prevalence of chronic diseases is rising, particularly among the elderly population, which is promoting industrial expansion. Diabetes, Alzheimer's disease, dementia, arthritis, chronic renal disease, cancer, cardiovascular diseases (CVDs), and dementia are just a few of the often occurring disorders that call for NIR imaging for a more accurate diagnosis and subsequent therapy planning.

Strategic actions taken by prominent corporations, including the development of cutting-edge fluorescence imaging systems, acquisitions, partnerships, and regulatory approvals, are anticipated to have a substantial impact on the industry's growth. For instance, Olympus Corp. agreed into a deal to buy Quest Photonic Devices B.V. in January 2021 for EUR 50 million in order to enhance its surgical endoscopic capabilities. NIR is favoured as a technique for process monitoring, particularly in the pharmaceutical sector. In the upcoming years, it is anticipated that the demand for advanced Near Infrared Medical Imaging Market systems would increase due to the expanding applications of NIR in commercial operations and research activities in biopharmaceutical firms as well as academic institutions.

The Near Infrared Medical Imaging Market is anticipated to expand as a result of rising rates of cancer and neurological diseases that require imaging techniques for their diagnosis. For instance, the World Cancer Research Fund International estimated that, with over 1.7 million new cases diagnosed in 2012, breast cancer was the most prevalent type of cancer detected in females. The study also indicates that by 2020, this number is anticipated to rise globally. The global market for near infrared medical imaging is also growing as neurological disorders like Alzheimer's disease, epilepsy, dementia, and other diseases become more common.

The World Health Organization estimates that neurological illnesses impact hundreds of millions of people globally as of 2016. According to the data, there are over 50 million epileptics worldwide, compared to 47.5 million dementia sufferers and the 7.7 million new cases that are diagnosed each year. However, throughout the course of the projected period, it is anticipated that the Near Infrared Medical Imaging Market growth will be hampered by the high market penetration of alternative medical imaging techniques.

Major Vendors are- Bruker Corporation, Carl Zeiss Meditec AG, Shimadzu Corporation, PerkinElmer, Inc., MIZUHO Corporation, Karl Storz GmbH, and NOADAQ Technologies

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