Research Nester published a report titled “Handheld Imagers Market: Global Demand Analysis Opportunity Outlook 2031” which delivers detailed overview of the global handheld imagers market in terms of market segmentation by product, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global handheld imagers market is anticipated to grow with a CAGR of ~12% during the forecast period, i.e., 2022-2031. The market is segmented by product into IR scanners, stud finders, millimeter wave scanners, and microbolometers. Out of these, the stud finders segment is anticipated to garner the largest revenue by the end of 2031. The rising demand for stud finders in the construction industry along with the need to detect the right base and strength for houses are anticipated to drive segment growth during the forecast period. 

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The global handheld imagers market is estimated to garner significant revenue by the end of 2031, up from modest revenue in the year 2021. Increasing growth in the security industry, growing export market for handheld imagers worldwide, increasing RD investments, and technological advancements as well as increased utilization in numerous industries including security, medical, construction, and industrial are some of the major factors anticipated to drive the growth of the global handheld imagers market during the forecast period.

Geographically, the global handheld imagers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East Africa region. Out of these, the market in North America is projected to garner the largest revenue by the end of 2031 backed by the rise of government regulations for aviation security in airports and the threat of terrorism. Additionally, increasing criminal activities and security concerns in the region are expected to boost market growth over the forecast period. 

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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Rising Incidence of Rheumatoid Arthritis (RA) Worldwide to Drive the Market Growth

For instance, approximately 70 people out of every 100,000 are diagnosed with RA every year. The number of Americans suffering from RA ranges from 1.5 million to 2 million. The lifetime risk of developing RA for women is 3.5%, and the lifetime risk for men is 1.3%.

A chronic autoimmune disease, rheumatoid arthritis affects the shoulder, wrist, foot, and knee joints. In the early stages of arthritis, IR thermography is used by doctors to assess and monitor inflammation caused by arthritic joints. Thermal scanning images were analyzed using the FLIR E60bx camera at an academic institution, revealing statistically significant differences between inflammation and normal tissue. In patients with rheumatoid arthritis, physicians could potentially use the results to assess inflammation severity.

However,  lack of efficiency to work at high temperatures along with availabilities of unbranded handheld imagers  are expected to operate as key restraint to the growth of global handheld imagers market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global handheld imagers market which includes company profiling of Zoro Tools, Inc, Fluke Corporation, Teledyne FLIR LLC, Leonardo DRS, Inc., General Dynamics Corporation, BAE Systems, Robert Bosch GmbH, Raytek-Direct, Zebra Technologies Corp., and Opgal Optronic Industries Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global handheld imagers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

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