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Global Indocyanine Green Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 136 Pages
SKU # BOSS20299660

Description

Report Overview

Indocyanine Green (ICG) is a water-soluble, tricarbocyanine dye used primarily as a diagnostic agent in medical imaging and surgical procedures. It absorbs and fluoresces in the near-infrared spectrum, making it ideal for applications such as retinal angiography, liver function assessment, and lymph node mapping during cancer surgeries. The dye binds to plasma proteins, allowing for precise visualization of blood flow and tissue perfusion, and is rapidly excreted by the liver, minimizing toxicity risks. Its versatility has expanded its use in fluorescence-guided surgeries, particularly in oncology, neurosurgery, and reconstructive procedures, where real-time imaging enhances surgical precision and reduces complications.

The global ICG market is experiencing steady growth, driven by increasing demand for minimally invasive surgeries and advancements in fluorescence imaging technology. The oncology segment holds a significant share due to rising cancer prevalence, while ophthalmic applications also contribute substantially. North America and Europe dominate the market due to well-established healthcare infrastructure and high adoption rates of innovative surgical techniques, while Asia-Pacific is emerging as a high-growth region fueled by improving healthcare access and rising surgical volumes. Key players are investing in R&D to expand ICG’s applications and improve formulations, though regulatory hurdles and competition from alternative imaging agents pose challenges. Pricing pressures and supply chain constraints also influence market dynamics, but the expanding scope of precision medicine is expected to sustain long-term demand.

The global Indocyanine Green market size was estimated at USD 53.08 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.85% during the forecast period.

This report provides a deep insight into the global Indocyanine Green market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Indocyanine Green Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indocyanine Green market in any manner.

Global Indocyanine Green Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Akorn

PULSION Medical Systems AG

Diagnostic Green

SERB

Daiichi Sankyo Company

Santen Pharmaceutical Co., Ltd.

Aurolab

Yichuang

Eisai

Market Segmentation (by Type)

Type I

Type II

Market Segmentation (by Application)

Ophthalmology

Neurosurgery

Liver Diseases

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Indocyanine Green Market

Overview of the regional outlook of the Indocyanine Green Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Indocyanine Green Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Indocyanine Green, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

136 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Indocyanine Green
1.2 Key Market Segments
1.2.1 Indocyanine Green Segment By Type
1.2.2 Indocyanine Green Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Indocyanine Green Market Overview
2.1 Global Market Overview
2.1.1 Global Indocyanine Green Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Indocyanine Green Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Indocyanine Green Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Indocyanine Green Product Life Cycle
3.3 Global Indocyanine Green Sales By Manufacturers (2020-2025)
3.4 Global Indocyanine Green Revenue Market Share By Manufacturers (2020-2025)
3.5 Indocyanine Green Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Indocyanine Green Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Indocyanine Green Market Competitive Situation And Trends
3.8.1 Indocyanine Green Market Concentration Rate
3.8.2 Global 5 And 10 Largest Indocyanine Green Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Indocyanine Green Industry Chain Analysis
4.1 Indocyanine Green Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Indocyanine Green Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Indocyanine Green Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Indocyanine Green Market
5.7 Esg Ratings Of Leading Companies
6 Indocyanine Green Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Indocyanine Green Sales Market Share By Type (2020-2025)
6.3 Global Indocyanine Green Market Size Market Share By Type (2020-2025)
6.4 Global Indocyanine Green Price By Type (2020-2025)
7 Indocyanine Green Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Indocyanine Green Market Sales By Application (2020-2025)
7.3 Global Indocyanine Green Market Size (M Usd) By Application (2020-2025)
7.4 Global Indocyanine Green Sales Growth Rate By Application (2020-2025)
8 Indocyanine Green Market Sales By Region
8.1 Global Indocyanine Green Sales By Region
8.1.1 Global Indocyanine Green Sales By Region
8.1.2 Global Indocyanine Green Sales Market Share By Region
8.2 Global Indocyanine Green Market Size By Region
8.2.1 Global Indocyanine Green Market Size By Region
8.2.2 Global Indocyanine Green Market Size Market Share By Region
8.3 North America
8.3.1 North America Indocyanine Green Sales By Country
8.3.2 North America Indocyanine Green Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Indocyanine Green Sales By Country
8.4.2 Europe Indocyanine Green Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Indocyanine Green Sales By Region
8.5.2 Asia Pacific Indocyanine Green Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Indocyanine Green Sales By Country
8.6.2 South America Indocyanine Green Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Indocyanine Green Sales By Region
8.7.2 Middle East And Africa Indocyanine Green Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Indocyanine Green Market Production By Region
9.1 Global Production Of Indocyanine Green By Region(2020-2025)
9.2 Global Indocyanine Green Revenue Market Share By Region (2020-2025)
9.3 Global Indocyanine Green Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Indocyanine Green Production
9.4.1 North America Indocyanine Green Production Growth Rate (2020-2025)
9.4.2 North America Indocyanine Green Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Indocyanine Green Production
9.5.1 Europe Indocyanine Green Production Growth Rate (2020-2025)
9.5.2 Europe Indocyanine Green Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Indocyanine Green Production (2020-2025)
9.6.1 Japan Indocyanine Green Production Growth Rate (2020-2025)
9.6.2 Japan Indocyanine Green Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Indocyanine Green Production (2020-2025)
9.7.1 China Indocyanine Green Production Growth Rate (2020-2025)
9.7.2 China Indocyanine Green Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Akorn
10.1.1 Akorn Basic Information
10.1.2 Akorn Indocyanine Green Product Overview
10.1.3 Akorn Indocyanine Green Product Market Performance
10.1.4 Akorn Business Overview
10.1.5 Akorn Swot Analysis
10.1.6 Akorn Recent Developments
10.2 Pulsion Medical Systems Ag
10.2.1 Pulsion Medical Systems Ag Basic Information
10.2.2 Pulsion Medical Systems Ag Indocyanine Green Product Overview
10.2.3 Pulsion Medical Systems Ag Indocyanine Green Product Market Performance
10.2.4 Pulsion Medical Systems Ag Business Overview
10.2.5 Pulsion Medical Systems Ag Swot Analysis
10.2.6 Pulsion Medical Systems Ag Recent Developments
10.3 Diagnostic Green
10.3.1 Diagnostic Green Basic Information
10.3.2 Diagnostic Green Indocyanine Green Product Overview
10.3.3 Diagnostic Green Indocyanine Green Product Market Performance
10.3.4 Diagnostic Green Business Overview
10.3.5 Diagnostic Green Swot Analysis
10.3.6 Diagnostic Green Recent Developments
10.4 Serb
10.4.1 Serb Basic Information
10.4.2 Serb Indocyanine Green Product Overview
10.4.3 Serb Indocyanine Green Product Market Performance
10.4.4 Serb Business Overview
10.4.5 Serb Recent Developments
10.5 Daiichi Sankyo Company
10.5.1 Daiichi Sankyo Company Basic Information
10.5.2 Daiichi Sankyo Company Indocyanine Green Product Overview
10.5.3 Daiichi Sankyo Company Indocyanine Green Product Market Performance
10.5.4 Daiichi Sankyo Company Business Overview
10.5.5 Daiichi Sankyo Company Recent Developments
10.6 Santen Pharmaceutical Co., Ltd.
10.6.1 Santen Pharmaceutical Co., Ltd. Basic Information
10.6.2 Santen Pharmaceutical Co., Ltd. Indocyanine Green Product Overview
10.6.3 Santen Pharmaceutical Co., Ltd. Indocyanine Green Product Market Performance
10.6.4 Santen Pharmaceutical Co., Ltd. Business Overview
10.6.5 Santen Pharmaceutical Co., Ltd. Recent Developments
10.7 Aurolab
10.7.1 Aurolab Basic Information
10.7.2 Aurolab Indocyanine Green Product Overview
10.7.3 Aurolab Indocyanine Green Product Market Performance
10.7.4 Aurolab Business Overview
10.7.5 Aurolab Recent Developments
10.8 Yichuang
10.8.1 Yichuang Basic Information
10.8.2 Yichuang Indocyanine Green Product Overview
10.8.3 Yichuang Indocyanine Green Product Market Performance
10.8.4 Yichuang Business Overview
10.8.5 Yichuang Recent Developments
10.9 Eisai
10.9.1 Eisai Basic Information
10.9.2 Eisai Indocyanine Green Product Overview
10.9.3 Eisai Indocyanine Green Product Market Performance
10.9.4 Eisai Business Overview
10.9.5 Eisai Recent Developments
11 Indocyanine Green Market Forecast By Region
11.1 Global Indocyanine Green Market Size Forecast
11.2 Global Indocyanine Green Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Indocyanine Green Market Size Forecast By Country
11.2.3 Asia Pacific Indocyanine Green Market Size Forecast By Region
11.2.4 South America Indocyanine Green Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Indocyanine Green By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Indocyanine Green Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Indocyanine Green By Type (2026-2033)
12.1.2 Global Indocyanine Green Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Indocyanine Green By Type (2026-2033)
12.2 Global Indocyanine Green Market Forecast By Application (2026-2033)
12.2.1 Global Indocyanine Green Sales (K Mt) Forecast By Application
12.2.2 Global Indocyanine Green Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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