Asia Pacific Near Infrared Imaging Market Size & Outlook
Asia Pacific near infrared imaging market, 2018-2030 (US$M)
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Asia Pacific near infrared imaging market highlights
- The Asia Pacific near infrared imaging market generated a revenue of USD 484.4 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 484.4 million |
| Market revenue in 2030 | USD 659.7 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Reagents |
| Key market players worldwide | Stryker Corp, Olympus Corp, Hamamatsu Photonics KK, Shimadzu Corp, Medtronic PLC, Carl Zeiss Meditec AG |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.5% of the global near infrared imaging market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 659.7 million by 2030.
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Near Infrared Imaging Market Scope
Near Infrared Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific near infrared imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to near infrared imaging market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 57% in 2023. Horizon Databook has segmented the Asia Pacific near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific accounted for the second-largest market share of 22.2% in 2021 after Europe and is anticipated to witness significant growth rate of 4.6% during the forecast period. Presence of a large patient pool and growing need for technologically advanced & cost-efficient healthcare solutions are expected to present significant regional growth opportunities in the market.
Moreover, increase in number of clinical trials and high R&D investments by global players to enter untapped markets in Asia Pacific owing to low-cost services are high-impact-rendering drivers of the market.
In addition, increase in number of hospitalization and advancements in clinical development framework of developing economies are few other factors aiding market growth in the region.
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Target buyers of Asia Pacific near infrared imaging market databook
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Our clientele includes a mix of near infrared imaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific near infrared imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific near infrared imaging market size, by country, 2018-2030 (US$M)
Asia Pacific Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)
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