The Medical Near Infrared Imaging Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The medical near infrared imaging market has experienced swift expansion lately. The market size is projected to increase from $0.54 billion in 2024 to $0.62 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.5%.
The Medical Near Infrared Imaging Global Market is projected to reach a value of $1.02 billion by 2029, with a compound annual growth rate (CAGR) of 13.3%.
Download Your Free Sample of the 2025 Medical Near Infrared Imaging Market Report and Uncover Key Trends Now!The key drivers in the medical near infrared imaging market are:
• Rising aging population contributing to increased demand
• Shift towards minimally invasive procedures and personalized treatment
• Increased FDA approvals for new technologies
• Growing emphasis on early diagnosis in the medical field
The medical near infrared imaging market covered in this report is segmented –
1) By Product Type: Instruments, Accessories, Software
2) By Technology: Continuous Wave (CW) Near Infrared Imaging, Pulsed Wave Near Infrared Imaging, Time-Domain Near Infrared Imaging
3) By Application: Oncological Imaging, Dermatology, Cardiovascular Imaging, Neurological Imaging, Other Applications
4) By End-User: Hospitals, Diagnostic Centers, Research Institutions
The key trends in the medical near infrared imaging market are:
• The integration of AI and machine learning into medical near infrared imaging is an emerging trend.
• The development of portable and handheld near infrared imaging solutions is shaping the future of the market.
• The implementation of near infrared enabled endoscopes is a key trend.
• Growing collaborations, partnerships, and the introduction of automated and AI-assisted near infrared imaging systems are upcoming trends.
Major players in the medical near infrared imaging market are:
• Hamamatsu Photonics K.K.
• Thermo Fisher Scientific Inc.
• Medtronic plc
• Stryker Corporation
• Olympus Corporation
• Teledyne Technologies Incorporated
• Nipro Corporation
• PerkinElmer Inc.
• Shimadzu Corporation
• Bruker Corporation
• Karl Storz SE & Co. KG
• Leica Microsystems GmbH
• Oxford Instruments plc
• Mizuho Medical Co. Ltd.
• LI-COR Inc.
• BIOPAC Systems Inc.
• Soterix Medical Inc.
• Artinis Medical Systems B.V.
• Gowerlabs Ltd.
• Quest Medical Imaging B.V.
North America was the largest region in the medical near infrared imaging market in 2024