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(Health-NewsWire.Net, July 23, 2015 ) Over the last few years, the Global Hyperspectral Imaging Market has witnessed an increasing adoption of HSI technologies in ophthalmology, surface tissue and mucosal membrane analysis, gastrointestinal tract, and vascular system are driving the growth of this market. The growth of the hyperspectral imaging technologies market is also driven by factors, such as an increasing adoption of HSI technologies in defense, life science & diagnostics, and agricultural industries. However, factors such as high investment, installation cost, and reimbursement issues are hindering the growth of this market. In 2014, the military surveillance application occupied the largest share of 18.4% of the global hyperspectral imaging market in terms of value, followed by environmental testing application segment which occupied of 17.8% of the total market share.
Browse 107 market data tables & 22 figures spread through 250 pages and in-depth TOC on “Hyperspectral Imaging Market" at http://www.rnrmarketresearch.com/hyperspectral-imaging-market-by-application-military-surveillance-environmental-testing-mining-mineralogy-agriculture-machine-control-process-vision-life-sciences-medical-diagnostics-food-colorimetry-meteorology-global-foreca-market-report.html .
Based on geography, the hyperspectral imaging market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). Out of which, North America is estimated to be the largest market for the global hyperspectral imaging technologies, followed by Europe, Asia Pacific and Rest of the World. The growth in North American hyperspectral imaging technologies market is attributed to the following factors:
Increasing use of HSI technologies in research work
Growing adoption of hyperspectral imaging in military surveillance,environmental, mining, machine vision, and life sciences & diagnostics.
In the coming years, hyperspectral imaging market is expected to witness the highest growth rate in the Asia-Pacific region.
The key players in the global hyperspectral imaging market includeSPECIM Spectral Imaging Ltd. (U.S.), Headwall Photonics Inc. (U.S.), IMEC (Belgium), NorskElektroOptikk A/S (Norway), Surface Optics Corp. (U.S.), and Telops (Canada).
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