Europe Near Infrared Imaging Market Size & Outlook
Europe near infrared imaging market, 2018-2030 (US$M)
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Europe near infrared imaging market highlights
- The Europe near infrared imaging market generated a revenue of USD 631.9 million in 2023.
- The market is expected to grow at a CAGR of 3.6% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 631.9 million |
| Market revenue in 2030 | USD 811.6 million |
| Growth rate | 3.6% (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, Europe region accounted for 29.4% 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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Europe 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 57.49% in 2023. Horizon Databook has segmented the Europe near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the most developed regions in the world. Increasing public and private investments in R&D are some of the significant factors contributing to its market growth.
Rising demand for healthcare devices and growing prevalence of chronic disorders & pain-associated disorders in the region are some major drivers anticipated to propel regional market growth.
Most of the European countries such as France, the UK, and Germany have high per capita income and well-defined healthcare policies that facilitate improved diagnostic systems.
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Target buyers of Europe 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 Europe near infrared imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe near infrared imaging market size, by country, 2018-2030 (US$M)
Europe Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)
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