Medical Hyperspectral Imaging Market

Medical Hyperspectral Imaging (MHSI) can also support surgeons by offering them information that’s invisible to the naked eye – in real time. That medical hyperspectral image can be displayed on a screen. Or the hyperspectral information can be added as an overlay to the surgeon’s perspective by means of augmented reality glasses. This help surgeon to identify which anatomical structures to preserve when removing sick tissues.

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Medical Hyperspectral Imaging (MHSI) market is projected to reach US$ 44 million by 2028 from an estimated US$ 21 million in 2022, at a CAGR of 13.3% during 2023 and 2028.

Americas has the largest global export quantity and manufacturers in Medical Hyperspectral Imaging (MHSI) market with about 44% market share in 2019, while the APAC is the second sales volume market for about 35% of the market and the number is still increasing.

In the industry, Headwall Photonics profits most in 2019 and recent years, while Resonon and IMEC ranked 2 and 3. The market share of them is 24.38%, 17.44% and 10.82% in 2019.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Medical Hyperspectral Imaging (MHSI), including Visible + Near Infrared Light, Short-Wavelength Infrared and Other. And Visible + Near Infrared Light is the main type for Medical Hyperspectral Imaging (MHSI), and the Visible + Near Infrared Light reached a sales value of approximately 66.14% of global sales value.

Hyperspectral Imaging has a wide range of applications, the major applications including Diagnostic Centres, Hospitals, Research & Academic Centres

and Pharmaceutical & Biotechnology Companies, Pharmaceutical & Biotechnology Companies is the most important part, as the market share is nearly 42%.

This report aims to provide a comprehensive presentation of the global market for Medical Hyperspectral Imaging (MHSI), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Medical Hyperspectral Imaging (MHSI).

The Medical Hyperspectral Imaging (MHSI) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Medical Hyperspectral Imaging (MHSI) market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Medical Hyperspectral Imaging (MHSI) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

By Company

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

• Headwall Photonics
• Resonon
• IMEC
• EVK DI Kerschhaggl
• Cubert
• Galileo
• Specim
• Gooch & Housego
• Surface Optics
• Norsk Elektro Optikk A/S
• Wayho Technology
• BaySpec

By Type

• Visible + Near Infrared Light
• Short-Wavelength Infrared
• Others

By Application

• Diagnostic Centres
• Hospitals
• Research & Academic Centres
• Pharmaceutical & Biotechnology Companies

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2021 because of the base year, with estimates for 2022 and forecast revenue for 2028.

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Southeast Asia
• Australia
• Rest of Asia-Pacific
• Latin America
• Mexico
• Brazil
• Argentina
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of Middle East & Africa