Near-infrared Imaging Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Devices, Reagents), By Application (Preclinical Imaging, Cancer Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, Plastic/Reconstructive Surgeries, Obstetrics & Gynecology Surgeries, Others), By End User (Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Research Laboratories, Others) and Region Forecast 2020-2031

Near-infrared Imaging Market size was valued at US$ 2,350.2 million in 2024 and is projected to reach US$ 4,638.5 million by 2031 at a CAGR of 10.2% form 2025-2031. Moreover, the U.S. Near-infrared Imaging Market is projected to grow at 10.4% in future.

The market refers to the industry focused on imaging technologies that operate within the 700–2500 nm wavelength range, enabling visualization beyond the capabilities of the visible spectrum. It encompasses hardware such as cameras, sensors, and illumination systems, along with associated software used for applications in medical diagnostics, industrial inspection, agriculture, security, and scientific research.

The market is witnessing strong growth driven by rising demand for advanced imaging techniques in healthcare particularly for cancer detection, surgical guidance, and tissue analysis along with expanding use in industrial automation and quality control. Technological advancements in indium gallium arsenide (InGaAs) sensors, growing adoption of machine vision, and increased investment in non-invasive diagnostic tools are further accelerating market expansion. Additionally, the market benefits from broader penetration in food inspection, pharmaceuticals, and environmental monitoring, positioning NIR imaging as a critical component in next-generation optical sensing solutions.

Key Developments

• In October 2024, Lynred, a prominent global provider of high-quality infrared sensors for the aerospace, defense, and commercial sectors, announced the acquisition of New Imaging Technologies, a Paris-based provider of shortwave infrared (SWIR) imaging modules and sensors. This strategic move is set to strengthen Lynred’s leadership in the infrared sensor market. Through this acquisition, Lynred will expand its product portfolio to include high-definition, large-array SWIR sensors with small pixel pitch, enhancing its offerings across the full spectrum of wavelengths, from shortwave to very longwave.

Near-infrared Imaging Market Segmentation

Based on the product

• Devices
• Reagents

Based on product segmentation, devices are anticipated to be the leading driver in the Near-Infrared Imaging Market. The robust adoption of NIR imaging devices across hospitals, surgical centers, and research laboratories is fueling this growth. Devices offer real-time, high-resolution imaging capabilities that enhance surgical precision, particularly in oncology and cardiovascular procedures. Increasing demand for minimally invasive surgeries, coupled with advancements in imaging technology, is further propelling the uptake of devices. Moreover, rising investments in healthcare infrastructure globally and the need for improved diagnostic and surgical outcomes position devices as the dominant product segment, expected to maintain strong growth throughout the forecast period.

Based on the application

• Preclinical Imaging
• Cancer Surgeries
• Gastrointestinal Surgeries
• Cardiovascular Surgeries
• Plastic/Reconstructive Surgeries
• Obstetrics & Gynecology Surgeries
• Others

Based on application, cancer surgeries are anticipated to be the leading driver in the Near-Infrared Imaging Market. The growing prevalence of cancer worldwide has significantly increased the demand for precise and real-time imaging solutions during surgical procedures. NIR imaging enables surgeons to visualize tumors and surrounding tissues more accurately, minimizing complications and improving patient outcomes. Advances in fluorescence-guided surgery and the integration of NIR imaging with minimally invasive techniques are further boosting adoption in oncology. As hospitals and specialty clinics increasingly prioritize enhanced surgical precision, cancer surgeries are expected to remain the dominant application segment, driving substantial market growth over the forecast period.

Based on the end user

• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Research Laboratories
• Others

Based on end users, hospitals and clinics are anticipated to be the leading segment in the Near-Infrared Imaging Market. The increasing adoption of advanced imaging technologies for diagnostic and surgical purposes is driving demand within these healthcare facilities. Hospitals and clinics leverage NIR imaging to enhance surgical precision, particularly in oncology, cardiovascular, and reconstructive procedures, improving patient outcomes and reducing procedural risks. Rising investments in healthcare infrastructure, growing patient awareness, and the shift toward minimally invasive surgeries further support this trend. As a result, hospitals and clinics are expected to remain the dominant end-user segment, significantly contributing to market growth throughout the forecast period.