Global Handheld Imagers Market Size To Exceed USD10.75 Billion By 2033 | CAGR of 10.7%

Global Handheld Imagers Market Size To Exceed USD10.75 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Handheld Imagers Market Size Expected to Grow from USD 3.89 Billion in 2023 to USD 10.75 Billion by 2033, at a CAGR of 10.7% during the forecast period 2023-2033.  

Browse key industry insights spread across 222 pages with 110 Market data tables and figures & charts from the report on the "Global Handheld Imagers Market Size, Share, and COVID-19 Impact Analysis, By Product (IR Scanners, Stud Finders, Millimeter Wave Scanner, Microbolometers, and Others), By Application (Construction, Industry, Security, Medical, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/handheld-imagers-market

The handheld imagers market is quite broad and diverse as it has varied products tailored for specific applications across different regions. Stud finders are some of the essential tools in construction since they help to locate studs and other hidden objects behind walls. This facilitates easy building and renovation projects. The demand for non-invasive diagnostics is increasing worldwide and shaping the healthcare scenario at a very fundamental level. Innovations in imaging technology, like the handheld imager, have shaped this growth. It helps professionals to diagnose and observe the conditions of patients without causing an invasion in their system. Handheld imagers with in-built infrared scanners have revolutionized the field of non-invasive diagnostics by facilitating various capabilities from thermal imaging of anomalies of body temperature up to inflammation as an early detectable sign for the onset of a disease. This helps healthcare professionals determine the disease-causing symptoms by real-time data imaging of healthcare providers for accurate diagnosis or proactively handling diseases. Apart from medical diagnostics, the utility of handheld imagers is also increasing in point-of-care testing and telemedicine applications. However, the lack of standardized protocols means that different imagers may use proprietary communication protocols, data formats, or interfaces. This makes it difficult to integrate these devices with other systems and technologies, thus limiting their overall utility.

The stud finders segment accounted for the largest share in 2023 and is projected to grow at a significant CAGR during the forecast period.

On the basis of product, the global handheld imagers market is classified into IR scanners, stud finders, millimeter wave scanner, microbolometers, and others. Among these, the stud finders segment accounted for the largest share in 2023 and is projected to grow at a significant CAGR during the forecast period. The growth in the segment is based on the fact that stud finders are integral tools mainly for construction and renovation projects. Stud finders use electromagnetic or electronic sensors to search for studs, joists, and other obscured objects behind the walls in small handheld devices.

The medical segment accounted for a significant share in 2023 and is anticipated to grow at the fastest CAGR during the forecast period.

On the basis of application, the global handheld imagers market is classified into construction, industry, security, medical, and others. Among these, the medical segment accounted for a significant share in 2023 and is anticipated to grow at the fastest CAGR during the forecast period. The segment growth can be ascribed to the healthcare industry, which is continuously evolving, with new procedures, medicines, and regulations. A barcode scanner's integration improves operational performance and accuracy in routine activities. The technology of the barcode helps professionals concentrate more on the patient and provides safe and finest care.

North America is anticipated to hold the largest share of the global handheld imagers market during the forecast period.

North America is anticipated to hold the largest share of the global handheld imagers market during the forecast period. Technological advances and high adoption rates across industries such as healthcare, construction, and security sectors drive regional growth. In North America, industrial applications of predictive maintenance are major users of IR scanners, whereas millimeter wave scanners are prominent in the security sector, particularly in airports and government facilities. The construction industry uses stud finders and thermal imagers for building diagnostics and energy audits. The entertainment industry hosts a variety of motion capture devices, hence its diversified market.

Asia Pacific is expected to grow at the fastest CAGR in the global handheld imagers market during the forecast period. The growth of investments in the healthcare sector, especially in rapidly emerging economies such as China and India, significantly drives the demand for advanced diagnostic tools, including handheld imagers. Governments and private investors are emphasizing the modernization of medical facilities and the adoption of advanced diagnostic equipment with a view to improving healthcare outputs.

Major vendors in the global handheld imagers market are Zoro Tools, Inc., Fluke Corporation, Teledyne FLIR LLC, Leonardo DRS, General Dynamics Corporation, BAE Systems, Robert Bosch GmbH, Raytek Direct, Zebra Technologies Corp., Opgal Optronics Industries Ltd., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In June 2024, Teledyne FLIR announced the release of its next-gen Hadron 640 series, a line of dual radiometric thermal and visible camera modules. The models have been specifically designed for unmanned ground vehicles, unmanned aircraft systems, emerging AI applications that use the company’s PRISM software, and robotic platforms. The products, which include the radiometric Hadron 640R+ and the ITAR-free Hadron 640+, offer an advanced level of thermal sensitivity. This strategic development highlights the company’s commitment to advancing imaging technology for sophisticated applications.  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global Handheld Imagers market based on the below-mentioned segments: 

Global Handheld Imagers Market, By Product 

• IR Scanners
• Stud Finders
• Millimeter Wave Scanner
• Microbolometers
• Others

Global Handheld Imagers Market, By Application

• Construction
• Industry
• Security
• Medical
• Others

Global Handheld Imagers Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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