Near Infrared Imaging Market worth 471.2 M USD by 2020

Monday 7 March 2016, Amsterdam

The report, now available on ASDReports, "Near Infrared Imaging Market by Product Type (Near Infrared Fluorescence Imaging Devices, Near Infrared Fluorescence & Bioluminescence Imaging Devices, Reagents), Application, End User and Geography - Global Forecast to 2020", The global near-infrared imaging market report defines and segments the near-infrared imaging market with analysis and forecast of revenue. The global near-infrared imaging market is expected to reach USD 471.2 Million by 2020, at a CAGR of 8.8% from 2015 to 2020.

The growth of global near-infrared imaging market is attributed to the rising cancer cases, advantage over other imaging methods, and technological advancements, which have led to the increased usage of near-infrared imaging devices in recent years.

Continuously rising cancer cases and increasing technological advancements are the factors that have led to the growth of global near-infrared imaging market over the past decade. According to the World health Organization (WHO) in 2012, an estimated 14.1 Million new cases of cancer occurred worldwide. Globally, almost 32.5 million people diagnosed with cancer within the previous five years were alive at the end of 2012. More than 60% of world’s total new annual cases occur in Africa, Asia, and Central and South America.

This market is segmented and forecast on the basis of product type, application, end user, and geography. The product type segment comprises near-infrared fluorescence imaging, near infrared fluorescence & bioluminescence imaging devices, and reagents. The market is segmented on the basis of application into in vivo imaging, cancer surgeries, cardiovascular surgeries, gastrointestinal surgeries, plastic/reconstructive surgeries and others. The report studies end-users which includes; hospitals and research labs.

The market is further segmented and forecast on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). These major geographies are further sub-segmented into major countries. The global near-infrared imaging market was dominated by North America in 2014.

The market in North America is growing due to technological advancements. The European market is growing due to the increasing cancer cases, government support, and with increase in the spending capacity of population.

This report also includes the market share, approach for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis, and price analysis by product. In this report, market metrics such as drivers, restraints, and upcoming opportunities in the market are also included. In addition, it presents a competitive landscape and company profiles of key players in the market.

The research study is aimed at identifying emerging trends and opportunities in the global near-infrared imaging market along with detailed classifications, in terms of revenue. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global near-infrared imaging, on the basis of product type, application, end user, and region.