The Image Intensifier Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Image Intensifier Global Market Report 2024, The image intensifier market size is expected to see rapid growth in the next few years. It will grow to $2.43 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to the growing need for detection and prevention of fraudulent activities, growing population, growing urbanization, increasing military expenditure, and increasing need for surgical imaging devices. Major trends in the forecast period include imaging technology in medical applications, night vision technology, x-ray detectors, enhanced durability and reliability, and generation advancements.
The increasing demand for medical imaging tests is expected to propel the growth of the image intensifier market. Medical imaging tests are non-invasive procedures used to create visual representations of the interior of a body for clinical analysis and medical intervention. The increasing demand for medical imaging is due to modern healthcare, make better clinical decisions, and advance medical research and innovation. Image intensifiers play a vital role in enhancing the quality and functionality of fluoroscopic imaging, making them indispensable in various diagnostic and interventional procedures. It strengthens the visibility of low-intensity X-ray images, allowing for real-time visualization and precise guidance during procedures such as angiography, vascular interventions, orthopedic surgeries, and gastrointestinal examinations. For instance, in November 2023, according to the National Health Service, a UK-based government department, there were 45.0 million imaging tests in England compared with 44.0 million in 2022, an increase of 2.2%. Therefore, the increasing demand for medical imaging is driving the growth of the image intensifier market.
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The image intensifier market covered in this report is segmented –
1) By Diameter: Less Than 18mm, 18mm, 25mm, More Than 25mm, Less Than 6inch, 6inch, 9inch, 12inch, 16inch
2) By Application: Cameras, Scopes, Goggles, X-Ray Detectors
3) By End User: Medical, Industrial, Defense and Surveillance, Other End Users
Major companies operating in the image intensifier market are focused on developing innovative products, such as advanced imaging devices, to amplify and visualize electromagnetic waves in the terahertz frequency range. An advanced imaging device refers to sophisticated equipment designed to capture, process, and display detailed visual information beyond the capabilities of conventional imaging technologies. For instance, in March 2022, Hamamatsu Photonics K.K., a Japan-based electronics manufacturer, launched the first terahertz image intensifier (THz image intensifier, or simply THz-I.I.). This groundbreaking device enables real-time, non-destructive imaging at terahertz frequencies, significantly advancing capabilities in foreign matter inspection in food products and body scanning. The THz image intensifier boasts several unique features, it operates effectively in the terahertz range, allowing for precise imaging of objects and materials that are typically challenging to inspect with conventional methods. Its real-time capabilities enhance efficiency in inspection processes, providing immediate feedback and enabling timely decision-making.
The image intensifier market report table of contents includes:
1. Executive Summary
2. Image Intensifier Market Characteristics
3. Image Intensifier Market Trends And Strategies
4. Image Intensifier Market – Macro Economic Scenario
5. Global Image Intensifier Market Size and Growth
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32. Global Image Intensifier Market Competitive Benchmarking
33. Global Image Intensifier Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Image Intensifier Market
35. Image Intensifier Market Future Outlook and Potential Analysis
36. Appendix
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