Exploring Regional Growth Trends in the Near Infrared Imaging Market
I n 2022, the global near infrared imaging market reached a valuation of USD 2.06 billion and is projected to expand at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. This growth is expected to be driven by a rise in the prevalence of diseases that benefit from near infrared imaging, including cardiovascular diseases (CVDs), gastrointestinal issues, neurovascular conditions, and various forms of cancer. According to the World Health Organization (WHO), CVDs alone are responsible for approximately 17.9 million deaths globally each year. Additionally, there is a growing demand for advanced fluorescence imaging systems, which is further bolstered by initiatives from major industry players to innovate and enhance imaging technology. For example, in September 2022, a partnership among Sony, Olympus, and Sony Olympus Medical Solutions led to the development of a state-of-the-art surgical endoscopy system that offers 4K, 3D, and infrared imaging capabilities. The increasing a...