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Medical Hyperspectral Imaging Market 2022 Growth Statistics, Revenue Estimates, Industry Size, Global Share, Emerging Trends, Top Leading Players with Strategies and Forecast 2030

Report Ocean presents a new report on medical hyperspectral imaging market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future.

The medical hyperspectral imaging market revenue was US$ 283.25 million in 2021. The global medical hyperspectral imaging market revenue is forecast to reach US$ 408.80 million by 2030, growing at a compound annual growth rate (CAGR) of 4.10% during the forecast period from 2022 to 2030.

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Hyperspectral imaging (HSI) is a new imaging method used in medicine, especially for identifying diseases and guiding surgery. The Hypercube Imager acquires a hypercube dataset, typically a three-dimensional dataset composed of two spatial dimensions and one spectral dimension. Spatially resolved spectrum imaging provides diagnostic information about tissue physiology, shape, and composition. HSI is a promising new medical imaging technology for noninvasive illness diagnosis and surgical guidance.

Factors Influencing Market Growth

As awareness of hyperspectral imaging systems increases, advanced medical imaging capabilities and growth in adoption of hyperspectral imaging imaging systems are driving the global medical hyperspectral imaging market.

Increased awareness, along with safety and ease of use, is forecast to boost the global medical hyperspectral imaging market.

The high cost of investment and lack of medical infrastructure to support these devices may negatively impact the growth of the medical hyperspectral imaging market.

An increase in the number of cancers, heart & liver disease patients, dental problems, amputees, and congenital disorders, and an increase in the elderly population are forecast to boost the overall medical hyperspectral imaging market.

Impact Analysis of COVID-19

The COVID-19 pandemic had negatively impacted the global medical hyperspectral imaging market. The pandemic of COVID-19 forced the complete shutdown of production facilities. Due to this, major players in the market faced supply chain disruptions, and the demand for products significantly decreased. In addition, hospitals and clinics had experienced a decrease in surgical procedures as healthcare systems redirected resources to meet the rising needs of COVID-19 patients.

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Regional Insights

The North American market for medical hyperspectral imaging held a major share in 2021 and is forecast to remain dominant during the forecast period. There is an increase in funding and investment in healthcare systems in the U.S. and Canada and a rise in industrial hyperspectral imaging applications due to advancements in hardware and software for image processing and analysis. Additionally, improvements in the healthcare infrastructure and rising demand for surgical accuracy are forecast to drive the medical hyperspectral imaging market during the forecast period.

Leading Competitors

The leading prominent companies profiled in the global medical hyperspectral imaging market are:

Clyde Hyperspectral Imaging and Technology Limited

Cubert, Incorporated

Diaspective Vision GmbH

Headwall Photonics Incorporated

Specim Spectral Imaging Limited

Interuniversity Microelectronics Centre

Norsk Elektro Optikk AS

Resonon Incorporated

Surface Optics Corporation


Other Prominent Players

Scope of the Report

The global medical hyperspectral imaging market segmentation focuses on Application, Product Type, End-User, and Region.

Segmentation based on Application

Cancer Diagnostics

Image Guided Surgery


Segmentation based on Product Type



Segmentation based on End-User

Diagnostic Centers


Research Centers

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Segmentation based on Region

North America

The U.S.




Western Europe

The UK





Rest of Western Europe

Eastern Europe



Rest of Eastern Europe

Asia Pacific




Australia & New Zealand


Rest of Asia Pacific

Middle East & Africa (MEA)


Saudi Arabia

South Africa

Rest of MEA

South America



Rest of South America

What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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