Near Infrared Imaging Market Worth $1.9 Billion

The near-infrared imaging industry is expected to witness significant growth and advancements in the near future, driven by technological innovations and expanding applications in various fields such as healthcare, pharmaceuticals, agriculture, and security. The near-infrared imaging market is estimated to be worth $1.0 billion in 2023 and is projected to reach $1.9 billion by 2028, growing at a CAGR of 14.0%. The major factors driving the growth of this market include rising patient population, various chronic diseases, and technological advancements along with the increasing adoption of hybrid NIR imaging.