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How has the image intensifier market size evolved in recent years?

The market size of the image intensifier has experienced swift expansion recently. It is set to rise from $1.61 billion in 2024 to $1.79 billion in 2025, with a compound annual growth rate (CAGR) of 11.2%. The historic growth is a result of developments in the aerospace and aviation sectors, increasing rates of non-communicable diseases, enhanced application of image intensifiers in astronomy, escalating investments in intelligent city infrastructure, and a rising trend towards non-destructive testing.

What are the predictions for the image intensifier market size in the coming years?

The market size for image intensifiers is predicted to witness swift expansion over the upcoming years. By 2029, the value is estimated to reach $2.7 billion, with a compound annual growth rate (CAGR) of 10.9%. Factors contributing to growth during the forecast period include an escalating need for fraud detection and prevention, population growth, increased urbanization, elevated military expenditure, and a rising demand for surgical imaging gadgets. Key trends for the projected period entail the usage of imaging technology in medical procedures, advancements in night vision and x-ray detector technology, improved durability and reliability, and progress in generation capabilities.

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What key factors are fueling the growth of the image intensifier market?

The surge in the requirement for medical imaging tests is projected to catalyze the expansion of the image intensifier market. These tests are non-invasive means to produce visual illustrations of the body’s anatomy for clinical examination and medical treatments. The escalating requirement for medical imaging stems from modern healthcare, improved clinical verdicts, and progressive medical research and innovation. Image intensifiers are crucial in amplifying the quality and effectiveness of fluoroscopic imaging, making them irreplaceable in several diagnostic and interventional processes. These devices amplify the visibility of low-intensity X-ray images, facilitating real-time observation and accurate steering during procedures like angiography, vascular interventions, orthopedic surgeries, and gastrointestinal assessments. For example, as per the National Health Service, a UK-based government entity, there were 45.0 million imaging tests conducted in England in November 2023, a rise from the 44.0 million tests in 2022 which is an uptick of 2.2%. Thus, the escalating requirement for medical imaging is fueling the expansion of the image intensifier market.

How is the global image intensifier market divided into key segments?

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

Subsegments:

1) By Less Than 18mm: 12mm Image Intensifiers, 16mm Image Intensifiers

2) By 18mm: 18mm Image Intensifiers (Standard Size)

3) By 25mm: 25mm Image Intensifiers (Standard Size)

4) By More Than 25mm: 30mm Image Intensifiers, 40mm Image Intensifiers, 50mm Image Intensifiers

5) By Less Than 6inch: 4-inch Image Intensifiers, 5-inch Image Intensifiers

6) By 6inch: 6-inch Image Intensifiers

7) By 9inch: 9-inch Image Intensifiers

8) By 12inch: 12-inch Image Intensifiers

9) By 16inch: 16-inch Image Intensifiers

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Who are the key firms paving the way for growth in the image intensifier market?

Major companies operating in the image intensifier market are Siemens AG, General Electric Company, Northrop Grumman Corporation, 3M Company, Thales Group, L3Harris Technologies Inc., Elbit Systems Ltd., Teledyne Imaging LLC, Inova Diagnostics Inc., Canon Medical Systems Corporation, Aselsan A.S., Excelitas Technologies Corp., Hamamatsu Photonics K.K., ATN Corporation, Fluke Corporation, PHOTONIS Technologies S.A.S., Princeton Instruments Inc., Thermoteknix Systems Ltd., Dantec Dynamics Ltd., Kappa optronics GmbH, Inframet, ProxiVision GmbH, Nightline Inc.

What key trends are currently impacting the image intensifier market’s development?

Prominent enterprises dealing in the image intensifier sector are striving to develop innovative offerings such as advanced imaging instruments to boost and visualize electromagnetic waves in the terahertz frequency spectrum. Advanced imaging instruments imply high-end devices conceptualized to capture, manage, and display comprehensive visual data beyond the standard imaging technology. For instance, Hamamatsu Photonics K.K., an electronics manufacturing company based out of Japan, introduced the pioneer terahertz image intensifier (known as THz image intensifier or simply THz-I.I.) in March 2022. This revolutionary device allows real-time, non-destructive imaging at terahertz frequencies, substantially enhancing capabilities in inspecting foreign material in food products and body scanning. The THz image intensifier presents multiple unparalleled features; it works effectively within the terahertz spectrum, facilitating precise imaging of objects and materials usually difficult to examine using traditional methods. Moreover, its real-time functionality boosts inspection process efficiency, delivers instantaneous feedback, and facilitates prompt decision-making.

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What regions are contributing significantly to the growth of the image intensifier market?

North America was the largest region in the image intensifier market in 2023. The regions covered in the image intensifier market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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