According to a new report, published by KBV research, The Global Near Infrared Imaging Market size is expected to reach $3.2 Billion by 2030, rising at a market growth of 6.0% CAGR during the forecast period.
The Devices segment is showcasing a CAGR of 7.1% during (2023 - 2030). NIR imaging devices are used in industrial applications such as quality control, process monitoring, and materials inspection. These devices are employed in industries such as pharmaceuticals, food and beverage, and manufacturing, where they offer non-destructive and real-time analysis of materials and products. Additionally, these machines are highly useful during surgeries nowadays and as the NIRS technology develops further, it will propel the use of NIR devices in cases related to neurology as well.
The Preclinical Imaging segment is leading the Global Near Infrared Imaging Market by Application in 2022; thereby, achieving a market value of $1.1 billion by 2030. Preclinical imaging is essential for evaluating the safety and efficacy of new drugs and therapeutic interventions in animal models. It allows researchers to visualize and quantify physiological processes, disease progression, and treatment responses, providing valuable data for drug development and validation. Regulatory agencies often require preclinical imaging data as part of the approval process for new drugs and medical devices. This requirement has contributed to the demand for preclinical imaging systems that can generate high-quality, reproducible data that meet regulatory standards.
The Pharmaceutical & Biotechnology Companies segment is registering a CAGR of 6.5% during (2023 - 2030). NIR imaging systems are used in pharmaceutical and biotechnology research laboratories for a wide range of applications, including molecular imaging, biomarker detection, and studying drug-cell interactions. These systems enable researchers to visualize and quantify biological processes at the molecular level, contributing to the advancement of drug discovery and development. They are employed by pharmaceutical and biotechnology organizations for a variety of in-line and online process monitoring tasks, including raw material identification, lyophilized material quality assurance, tablet coating, and content monitoring, fermentation and cell culture monitoring, and various in-line and online process monitoring.
Full Report: https://www.kbvresearch.com/near-infrared-imaging-market/
The North America region dominated the Global Near Infrared Imaging Market by Region in 2022; thereby, achieving a market value of $1.2 billion by 2030. The Europe region would exhibit a CAGR of 5.2% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 6.8% during (2023 - 2030).
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