North America Near Infrared Imaging Market Size & Outlook

The near infrared imaging market in North America is expected to reach a projected revenue of US$ 1,149.5 million by 2030. A compound annual growth rate of 4% is expected of North America near infrared imaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$871.3
Forecast, 2030 (US$M)
$1,149.5
CAGR, 2024 - 2030
4%
Report Coverage
North America

North America near infrared imaging market highlights

  • The North America near infrared imaging market generated a revenue of USD 871.3 million in 2023.
  • The market is expected to grow at a CAGR of 4% 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, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 871.3 million
Market revenue in 2030USD 1,149.5 million
Growth rate4% (CAGR from 2023 to 2030)
Largest segmentReagents
Fastest growing segmentReagents
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDevices, Reagents
Key market players worldwideStryker Corp, Olympus Corp, Hamamatsu Photonics KK, Shimadzu Corp, Medtronic PLC, Carl Zeiss Meditec AG


Other key industry trends

  • In terms of revenue, North America region accounted for 40.5% 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 Companies

Name Profile # Employees HQ Website

North America 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 56.23% in 2023. Horizon Databook has segmented the North America near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.


North America dominated the global near infrared imaging market in 2021. Increasing incidence of chronic diseases that include cardiovascular disorders, cancer, neurological diseases, is creating demand for image analysis. 

The region is expected to maintain its dominance throughout the forecast period. High geriatric population, increase in lifestyle-induced disease, and growing awareness about early diagnosis of chronic diseases have increased the demand for this device.

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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America near infrared imaging market , including forecasts for subscribers. This continent databook contains high-level insights into North America near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America near infrared imaging market size, by country, 2018-2030 (US$M)

North America Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)

North America near infrared imaging market size, by country, 2018-2030 (US$M)

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