U.S. Near Infrared Imaging Market Size & Outlook
U.S. near infrared imaging market, 2018-2030 (US$M)
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U.S. near infrared imaging market highlights
- The U.S. near infrared imaging market generated a revenue of USD 763.3 million in 2023 and is expected to reach USD 1,005.9 million by 2030.
- The U.S. 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.
Near infrared imaging market data book summary
| Market revenue in 2023 | USD 763.3 million |
| Market revenue in 2030 | USD 1,005.9 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 35.5% of the global near infrared imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. near infrared imaging market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 143.7 million by 2030.
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Near Infrared Imaging Market Scope
Near Infrared Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 56.11% in 2023. Horizon Databook has segmented the U.S. near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
A large number of cancer cases reported in the country are expected to boost the U.S. market growth. According to the International Agency for Research on Cancer, about 2,281,658 new cancer cases were diagnosed in 2020 in the U.S., and 612,390 deaths occurred in the same year.
In addition, rise in number of reconstructive and cosmetic surgeries in the country owing to increased spending and rising awareness regarding early diagnosis is expected to create robust growth opportunities.
These factors are expected to positively impact the market during the forecast period. Also, growing geriatric population base at risk of various lifestyle-associated chronic disorders is among the major factors anticipated to create positive impact on near-infrared imaging market.
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Target buyers of U.S. 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 country-level data and insights on the U.S. near infrared imaging market , including forecasts for subscribers. This country databook contains high-level insights into U.S. near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. near infrared imaging market size, by product, 2018-2030 (US$M)
U.S. Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)
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