Near-Infrared Fluorescence Imaging System Market: Rise in Prevalence of Cardiovascular Diseases to drive the market – BioSpace

Global Near-Infrared Fluorescence Imaging System Market: Introduction

Near-infrared fluorescence (NIRF) imaging system is an emerging clinical technology that irradiates near-infrared excitation light, and permits relatively deep photon penetration into tissues when exogenous near-infrared fluorophores are introduced. It is a system that enables the observation of blood flow and lymph flow under the tissue surface by providing surgeons highly specific images of targeted tissue by imaging the near-infrared fluorescence. The imaging system provides an image of a broad area due to the large field of view, such as the abdomen, providing a quick overview and real-time identification of assessing blood flow through blood vessels in an abdominal flap or the gastric tube. Clinical applications of near-infrared fluorescence imaging system are increasing for various surgical procedures. NIRF imaging requires administration of a fluorescence-imaging agent that can be excited at near-infrared (NIR) wavelengths of 760 nm. Fluorescent contrast agents not only provide enhanced contrast but also reveal specific molecular events associated with cancer formation and progression. Indocyanine green fluorescence imaging, enables simple and real-time identification of lymphatic vessels and confirmation of blood flow during surgery. NIRF imaging systems play an important role in cancer surgeries. For instance, Shimadzu Corporation LIGHTVISION is designed to support breast cancer treatment by providing visuals of lymph vessels and blood vessels, based on the detection of near-infrared fluorescent light emitted from indocyanine green.

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Key Drivers of Global Near-Infrared Fluorescence Imaging System Market

Rise in Prevalence of Cardiovascular Diseases

In 2016, 17.6 million people died of cardiovascular conditions, worldwide, as compared to 17.9 million in 2015. Cardiovascular diseases (CVDs) are disorders of the heart and the blood vessels. They include coronary heart disease, cerebrovascular disease, and rheumatic heart disease. Cardiovascular diseases is the leading cause of mortality in the U.S., followed closely by cancer and chronic respiratory diseases. According to the report, about 48% of the adult population in the U.S. is living with a form of cardiovascular disease.

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Increase in Demand for Imaging

Medical imaging refers to the techniques and processes used to create images of the human body (or parts thereof) for various clinical purposes such as medical procedures and diagnosis or medical science including the study of normal anatomy and function. Increasing applications of computers and developments in image technology has greatly influenced medical imaging in the medical field. Novel macroscopic and molecular imaging techniques are likely to form the cornerstone of personalized diagnosis in the near future.

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North America to Account for Major Share of Global Near-Infrared Fluorescence Imaging System Market

North America is projected to account for a major share of the global near-infrared fluorescence imaging system market during the forecast period. North America is likely to account for a dominant share of the global market, and the market in the region is estimated to expand at a significant pace during the forecast period. Surge in government investments, rise in research and development activities, and increase in the number of alliances among key players in the market drive the market in the region. Moreover, rise in prevalence of cancer in the region has led to an increase in the number of surgeries and demand for NIRF imaging system in North America. Europe accounts for a substantial share of the global near-infrared fluorescence imaging system market. This trend is likely to continue during the forecast period. High capital investments by governments and venture capitalist firms in several countries have attracted key players to the region.

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Key Players Operating in Global Near-Infrared Fluorescence Imaging System Market

The global near-infrared fluorescence imaging system market is highly consolidated owing to the presence of several key players.

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Near-Infrared Fluorescence Imaging System Market: Rise in Prevalence of Cardiovascular Diseases to drive the market - BioSpace