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Indocyanine Green-Global Market Insights and Sales Trends 2025
Synopsis
Indocyanine green (ICG) a cyanine dye used in medical diagnostics to determine cardiac output, hepatic function, and liver blood flow, and for ophthalmic angiography. It is a sterile, lyophilized green powder with a peak spectral absorption at 800 nm. These infrared frequencies penetrate retinal layers, allowing ICG angiography to image deeper patterns of circulation than fluorescein angiography.
The global Indocyanine Green market size is expected to reach US$ 68 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Indocyanine Green in various end use industries. The expanding demands from the Ophthalmology, Neurosurgery, Liver Diseases and Others, are propelling Indocyanine Green market. Type I, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type II segment is estimated at % CAGR for the next seven-year period.
Europe is the largest market with about 52% market share. USA and China are follower, accounting for about 33% market share.
The key players are Akorn, PULSION Medical Systems AG, Diagnostic Green, SERB, Daiichi Sankyo Company, Santen Pharmaceutical Co., Ltd., Aurolab, Yichuang, Eisai etc. Top 3 companies occupied about 60% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Indocyanine Green, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Indocyanine Green market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Indocyanine Green market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Indocyanine Green sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Indocyanine Green covered in this report include Akorn, PULSION Medical Systems AG, Diagnostic Green, SERB, Daiichi Sankyo Company, Santen Pharmaceutical Co., Ltd., Aurolab, Yichuang and Eisai, etc.
The global Indocyanine Green market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Akorn
PULSION Medical Systems AG
Diagnostic Green
SERB
Daiichi Sankyo Company
Santen Pharmaceutical Co., Ltd.
Aurolab
Yichuang
Eisai
Global Indocyanine Green market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Indocyanine Green market, Segment by Type:
Type I
Type II
Global Indocyanine Green market, by Application
Ophthalmology
Neurosurgery
Liver Diseases
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Indocyanine Green manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Indocyanine Green in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Indocyanine green (ICG) a cyanine dye used in medical diagnostics to determine cardiac output, hepatic function, and liver blood flow, and for ophthalmic angiography. It is a sterile, lyophilized green powder with a peak spectral absorption at 800 nm. These infrared frequencies penetrate retinal layers, allowing ICG angiography to image deeper patterns of circulation than fluorescein angiography.
The global Indocyanine Green market size is expected to reach US$ 68 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Indocyanine Green in various end use industries. The expanding demands from the Ophthalmology, Neurosurgery, Liver Diseases and Others, are propelling Indocyanine Green market. Type I, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type II segment is estimated at % CAGR for the next seven-year period.
Europe is the largest market with about 52% market share. USA and China are follower, accounting for about 33% market share.
The key players are Akorn, PULSION Medical Systems AG, Diagnostic Green, SERB, Daiichi Sankyo Company, Santen Pharmaceutical Co., Ltd., Aurolab, Yichuang, Eisai etc. Top 3 companies occupied about 60% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Indocyanine Green, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Indocyanine Green market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Indocyanine Green market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Indocyanine Green sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Indocyanine Green covered in this report include Akorn, PULSION Medical Systems AG, Diagnostic Green, SERB, Daiichi Sankyo Company, Santen Pharmaceutical Co., Ltd., Aurolab, Yichuang and Eisai, etc.
The global Indocyanine Green market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Akorn
PULSION Medical Systems AG
Diagnostic Green
SERB
Daiichi Sankyo Company
Santen Pharmaceutical Co., Ltd.
Aurolab
Yichuang
Eisai
Global Indocyanine Green market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Indocyanine Green market, Segment by Type:
Type I
Type II
Global Indocyanine Green market, by Application
Ophthalmology
Neurosurgery
Liver Diseases
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Indocyanine Green manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Indocyanine Green in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Indocyanine Green Market Overview
1.1 Indocyanine Green Product Overview
1.2 Indocyanine Green Market Segment by Type
1.2.1 Type I
1.2.2 Type II
1.3 Global Indocyanine Green Market Size by Type
1.3.1 Global Indocyanine Green Market Size Overview by Type (2018-2029)
1.3.2 Global Indocyanine Green Historic Market Size Review by Type (2018-2023)
1.3.3 Global Indocyanine Green Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Indocyanine Green Sales Breakdown by Type (2018-2023)
1.4.2 Europe Indocyanine Green Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Indocyanine Green Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Indocyanine Green Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Indocyanine Green Sales Breakdown by Type (2018-2023)
2 Global Indocyanine Green Market Competition by Company
2.1 Global Top Players by Indocyanine Green Sales (2018-2023)
2.2 Global Top Players by Indocyanine Green Revenue (2018-2023)
2.3 Global Top Players by Indocyanine Green Price (2018-2023)
2.4 Global Top Manufacturers Indocyanine Green Manufacturing Base Distribution, Sales Area, Product Type
2.5 Indocyanine Green Market Competitive Situation and Trends
2.5.1 Indocyanine Green Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Indocyanine Green Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Indocyanine Green as of 2022)
2.7 Date of Key Manufacturers Enter into Indocyanine Green Market
2.8 Key Manufacturers Indocyanine Green Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Indocyanine Green Status and Outlook by Region
3.1 Global Indocyanine Green Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Indocyanine Green Historic Market Size by Region
3.2.1 Global Indocyanine Green Sales in Volume by Region (2018-2023)
3.2.2 Global Indocyanine Green Sales in Value by Region (2018-2023)
3.2.3 Global Indocyanine Green Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Indocyanine Green Forecasted Market Size by Region
3.3.1 Global Indocyanine Green Sales in Volume by Region (2024-2029)
3.3.2 Global Indocyanine Green Sales in Value by Region (2024-2029)
3.3.3 Global Indocyanine Green Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Indocyanine Green by Application
4.1 Indocyanine Green Market Segment by Application
4.1.1 Ophthalmology
4.1.2 Neurosurgery
4.1.3 Liver Diseases
4.1.4 Others
4.2 Global Indocyanine Green Market Size by Application
4.2.1 Global Indocyanine Green Market Size Overview by Application (2018-2029)
4.2.2 Global Indocyanine Green Historic Market Size Review by Application (2018-2023)
4.2.3 Global Indocyanine Green Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Indocyanine Green Sales Breakdown by Application (2018-2023)
4.3.2 Europe Indocyanine Green Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Indocyanine Green Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Indocyanine Green Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Indocyanine Green Sales Breakdown by Application (2018-2023)
5 North America Indocyanine Green by Country
5.1 North America Indocyanine Green Historic Market Size by Country
5.1.1 North America Indocyanine Green Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Indocyanine Green Sales in Volume by Country (2018-2023)
5.1.3 North America Indocyanine Green Sales in Value by Country (2018-2023)
5.2 North America Indocyanine Green Forecasted Market Size by Country
5.2.1 North America Indocyanine Green Sales in Volume by Country (2024-2029)
5.2.2 North America Indocyanine Green Sales in Value by Country (2024-2029)
6 Europe Indocyanine Green by Country
6.1 Europe Indocyanine Green Historic Market Size by Country
6.1.1 Europe Indocyanine Green Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Indocyanine Green Sales in Volume by Country (2018-2023)
6.1.3 Europe Indocyanine Green Sales in Value by Country (2018-2023)
6.2 Europe Indocyanine Green Forecasted Market Size by Country
6.2.1 Europe Indocyanine Green Sales in Volume by Country (2024-2029)
6.2.2 Europe Indocyanine Green Sales in Value by Country (2024-2029)
7 Asia-Pacific Indocyanine Green by Region
7.1 Asia-Pacific Indocyanine Green Historic Market Size by Region
7.1.1 Asia-Pacific Indocyanine Green Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Indocyanine Green Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Indocyanine Green Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Indocyanine Green Forecasted Market Size by Region
7.2.1 Asia-Pacific Indocyanine Green Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Indocyanine Green Sales in Value by Region (2024-2029)
8 Latin America Indocyanine Green by Country
8.1 Latin America Indocyanine Green Historic Market Size by Country
8.1.1 Latin America Indocyanine Green Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Indocyanine Green Sales in Volume by Country (2018-2023)
8.1.3 Latin America Indocyanine Green Sales in Value by Country (2018-2023)
8.2 Latin America Indocyanine Green Forecasted Market Size by Country
8.2.1 Latin America Indocyanine Green Sales in Volume by Country (2024-2029)
8.2.2 Latin America Indocyanine Green Sales in Value by Country (2024-2029)
9 Middle East and Africa Indocyanine Green by Country
9.1 Middle East and Africa Indocyanine Green Historic Market Size by Country
9.1.1 Middle East and Africa Indocyanine Green Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Indocyanine Green Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Indocyanine Green Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Indocyanine Green Forecasted Market Size by Country
9.2.1 Middle East and Africa Indocyanine Green Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Indocyanine Green Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Akorn
10.1.1 Akorn Company Information
10.1.2 Akorn Introduction and Business Overview
10.1.3 Akorn Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Akorn Indocyanine Green Products Offered
10.1.5 Akorn Recent Development
10.2 PULSION Medical Systems AG
10.2.1 PULSION Medical Systems AG Company Information
10.2.2 PULSION Medical Systems AG Introduction and Business Overview
10.2.3 PULSION Medical Systems AG Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.2.4 PULSION Medical Systems AG Indocyanine Green Products Offered
10.2.5 PULSION Medical Systems AG Recent Development
10.3 Diagnostic Green
10.3.1 Diagnostic Green Company Information
10.3.2 Diagnostic Green Introduction and Business Overview
10.3.3 Diagnostic Green Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Diagnostic Green Indocyanine Green Products Offered
10.3.5 Diagnostic Green Recent Development
10.4 SERB
10.4.1 SERB Company Information
10.4.2 SERB Introduction and Business Overview
10.4.3 SERB Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SERB Indocyanine Green Products Offered
10.4.5 SERB Recent Development
10.5 Daiichi Sankyo Company
10.5.1 Daiichi Sankyo Company Company Information
10.5.2 Daiichi Sankyo Company Introduction and Business Overview
10.5.3 Daiichi Sankyo Company Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Daiichi Sankyo Company Indocyanine Green Products Offered
10.5.5 Daiichi Sankyo Company Recent Development
10.6 Santen Pharmaceutical Co., Ltd.
10.6.1 Santen Pharmaceutical Co., Ltd. Company Information
10.6.2 Santen Pharmaceutical Co., Ltd. Introduction and Business Overview
10.6.3 Santen Pharmaceutical Co., Ltd. Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Santen Pharmaceutical Co., Ltd. Indocyanine Green Products Offered
10.6.5 Santen Pharmaceutical Co., Ltd. Recent Development
10.7 Aurolab
10.7.1 Aurolab Company Information
10.7.2 Aurolab Introduction and Business Overview
10.7.3 Aurolab Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Aurolab Indocyanine Green Products Offered
10.7.5 Aurolab Recent Development
10.8 Yichuang
10.8.1 Yichuang Company Information
10.8.2 Yichuang Introduction and Business Overview
10.8.3 Yichuang Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yichuang Indocyanine Green Products Offered
10.8.5 Yichuang Recent Development
10.9 Eisai
10.9.1 Eisai Company Information
10.9.2 Eisai Introduction and Business Overview
10.9.3 Eisai Indocyanine Green Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Eisai Indocyanine Green Products Offered
10.9.5 Eisai Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Indocyanine Green Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Indocyanine Green Industrial Chain Analysis
11.4 Indocyanine Green Market Dynamics
11.4.1 Indocyanine Green Industry Trends
11.4.2 Indocyanine Green Market Drivers
11.4.3 Indocyanine Green Market Challenges
11.4.4 Indocyanine Green Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Indocyanine Green Distributors
12.3 Indocyanine Green Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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