Near Infrared Imaging Market Size, Share and Recent Trends – Growing Geriatric Population | Emerging research
Rising prevalence of chronic diseases such as cancer and the need for surgery are key factors in revenue growth
VANCOUVER, BC, CANADA, December 20, 2021 /EINPresswire.com/ – The study is a professional survey of the revenue generated and capacity estimates for the near infrared imaging market for the forecast period 2021 – 2028 enables business owners to maintain a competitive advantage in their rivals.
near infrared imaging market size is expected to reach USD 1,535.0 million at a stable CAGR of 13.2% in 2028, according to the latest analysis from Emergen Research. The strong revenue growth of the near infrared imaging market can be attributed to the increasing prevalence of chronic diseases such as cancer and cardiovascular disease. Cancer is a leading cause of death worldwide, with an estimated 19.3 million people diagnosed with cancer and an estimated 10 million deaths from the disease in 2020. Near infrared imaging is an emerging technology for patients. preclinical and clinical imaging applications for cancer patients and offers various advantages such as real-time display of images of internal structures of the human body, high spatial resolution and complete molecular profiling with the combined use of fluorescent probes. In addition, the increasing demand for near infrared imaging technology for the early detection of cancer is a factor that is expected to support the market growth in the future.
The rapid increase in the global geriatric population is an important factor driving the demand for near infrared imaging systems. About 80% of the geriatric population suffers from at least one chronic disease and about 77% of this population suffers from two or more chronic diseases, with cardiovascular disease and cancer being the most common chronic diseases. In addition, about 81% of the adult population who die from coronary heart disease is in the 65 and over age group. The growing demand for diagnostics and surgical procedures for chronic diseases among the growing geriatric population is fueling the demand for infrared imaging spectroscopy.
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The research report includes a separate chapter for qualitative analysis. We took a descriptive approach when writing the chapter. Both macro and micro economic factors define market share and growth. These factors have been carefully understood through secondary and primary sources. All these factors have been explained under headings, namely growth factors, growth restraining factors, market and technology trends etc. Based on contribution and growth potential, five countries were chosen for the PESTEL analysis and the same was described in the report.
The research report offers in-depth information on company profiles as well as their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, launches product and brand promotions, government and corporate agreements, among others. The report further offers a comprehensive SWOT analysis and Porter’s five forces analysis to offer a better understanding of the industry competitive landscape.
Main actors presented in the report:
Olympus Corporation, Stryker Corporation, Quest Medical Imaging BV, Carl Zeiss Meditec AG, PerkinElmer Inc., Medtronic PLC, KARL STORZ SE & Co. KG, LI-COR Inc., Shimadzu Corporation and Leica Microsystems.
The report analyzes the market on the basis of different categories such as product types, end-user applications, and major geographies. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
Emergen Research has segmented the global near infrared imaging market on the basis of product type, application, end use, and region:
Outlook Product Type (Revenue, USD Million; 2018-2028)
Application Outlook (Revenue, USD Million; 2018-2028)
End-Use Outlook (Revenue, USD Million; 2018-2028)
Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.
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Key questions addressed in the report:
What is the growth rate of the near infrared imaging market? What is the expected market valuation of the Near Infrared Imaging industry by 2027?
What are the major growth and restraining factors of the Near Infrared Imaging market?
Who are the main players operating in the market? What are the main strategies adopted by these companies?
What are the major opportunities and growth prospects of the Near Infrared Imaging industry during the forecast period?
Which region is expected to show significant growth in the coming years?
Further, the report provides a comprehensive overview of the Near Infrared Imaging market along with the product portfolio and market performance. The report offers key market share information, supply chain analysis, demand and supply ratio, import / export details, and product and consumption patterns. To gain a better understanding, the report is then segmented into sections such as product types offered by the market, application spectrum, companies, and key geographies where the market has established its presence.
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