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Medical Hyperspectral Imaging Market is expected to witness a CAGR of over 6.2% between 2020 and 2030

Global “Medical Hyperspectral Imaging (MHSI) Market 2020 research report represents a detailed overview of the current market situation and forecast till 2030. And splits the Medical Hyperspectral Imaging (MHSI) market by product type and applications/end industries. The Medical Hyperspectral Imaging (MHSI) market trend research process includes the analysis of different factors heart-warming the industry, with the government policy, competitive context, historical data, market environment, present trends in the market, imminent technologies, innovations in technology, and the technical velocity in related industry, and market risks, market barriers, opportunities, and challenges.

The global medical hyperspectral imaging market will reach nearly USD 300 million by 2030, according to a new market research study by Future Market Insights (FMI), an ESOMAR-certified firm.

Key Takeaways

  • Hyperspectral camera holds the largest market share owing to latest advancements with respect to sensor development
  • High preference for accuracy to boost prospects of MHSI in healthcare
  • US and Europe to collectively account for nearly 40% revenue share
  • India’s growth as a medical tourism hub to create opportunities for market players

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Covid-19 Impact

The outbreak of Covid-19 has resulted in majority of healthcare industry shifting their focus towards curative measures relating to the same.

Along these lines, HinaLea Imaging, a company dealing with hyperspectral imaging, in Mar 2020, started using the same imaging for discovering skin manifestations in the patients who tested positive for Covid-19. The “Covid toes”/”pernio” are also studied. The technology has also thrown light on water blisters, hives, rashes, and livedo reticularis.

Key Segment

Product Type

  • Hyperspectral Imaging Systems
  • Accessories


  • Medical Diagnosis
  • Tissue and Cell Biology
  • Drug Discovery
  • Others


  • Visible Hyperspectral Imaging
  • Near-Infrared Hyperspectral Imaging
  • Ultraviolet Hyperspectral Imaging
  • Short-Wave Infrared Imaging
  • Mid-Wave Infrared Hyperspectral Imaging


  • diagnostic centres
  • hospitals
  • research & academic centres
  • pharmaceutical & biotechnology companies


  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

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Key Participant Insights

The global MSHI market exhibits higher growth potential along with entry of new players.

The players have been concentrating on offering software/accessories for further strengthening the market’s competitive environment.

The competitive factors include product differentiation, technology and image software upgrading, on-site and online servicing, and competitive pricing.

The players in the medical hyperspectral imaging market include IMEC, Norsk Elektro Optikk, Galileo, Gilden Photonics, Resonon, XIMEA, Gooch & Housego, Chemlmage, Applied Spectral Imaging, Cubert, EVK DI Kerschhaggl, Headwall Photonics, and FluxData.

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Editor Details

Last Updated: 17-May-2021