Near-infrared (NIR) Spectroscopy Market Size and Forecast, by Type (Benchtop, Portable); Product (Fourier Transform-based (FT-NIR) Spectrometers, Dispersive Infrared Spectroscopy); Application (Medical Applications, Remote Monitoring, Agriculture, Astronomical Spectroscopy, Particle Measurement, Industrial Use, Material Science) - Growth Trends, Key Players, Regional Analysis 2026-2035

  • Report ID: 5141
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT

Near-infrared Spectroscopy Market Outlook:

Near-infrared Spectroscopy Market size was over USD 791.4 million in 2025 and is projected to reach USD 1.54 billion by 2035, witnessing around 6.9% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of near-infrared spectroscopy is evaluated at USD 840.55 million.

Near-infrared (NIR) Spectroscopy Market overview
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The reason behind the growth is impelled by the increasing demand for food across the globe. As a result, the food safety concern has also increased, leading to a growing demand for near-infrared (NIR) spectroscopy. For the routine compositional, functional, and to ascertain the approximate chemical compositions of a variety of foods, near-infrared (NIR) spectroscopy is an emerging analytical approach. 

In addition, it is a non-destructive method that can be simply used in food processing and is particularly helpful for initial screening at the beginning of the food production process. By 2050, the demand for food is anticipated to rise globally by over 60%. 

The growing popularity of minimally invasive procedures are believed to fuel the market growth. Minimally invasive surgery (MIS) has rapidly increased in use as they need fewer incisions, cause less discomfort, and leaves no unsightly scars. NIR Spectroscopy has been used as an analytical tool across several academic disciplines since it uses no chemicals, and is non-destructive. Usually, patients prefer it as it doesn't involve ionizing radiation and isn't painful.

Key Near-infrared Spectroscopy Market Insights Summary:

  • Regional Highlights:

    • Europe near-infrared spectroscopy market is expected to command a 40% share by 2035, driven by high healthcare spending and increased adoption of advanced technologies like near-infrared spectroscopy devices.
  • Segment Insights:

    • The ft-nir spectrometers segment in the near-infrared spectroscopy market is projected to capture an 80% share by 2035, fueled by the growing chemical sector and increasing need for spectroscopic analysis.
    • The benchtop segment in the near-infrared spectroscopy market is projected to hold a 75% share by 2035, influenced by cost-effectiveness and versatility of benchtop near-infrared devices.
  • Key Growth Trends:

    • Rising Trend of Miniaturization Techniques
    • Growing Sales of Semiconductor
  • Major Challenges:

    • Exorbitant Cost of NIR Instruments
    • Incapability to Consider the Different Percentages of Brain and Extracranial Tissues in People.
  • Key Players: PerkinElmer Inc., Thermo Fisher Scientific Inc., Bruker, Oxford Instruments, Brainbox Ltd., Malvern Panalytical Ltd, Galaxy-Scientific, ABB.

Global Near-infrared Spectroscopy Market Forecast and Regional Outlook:

  • Market Size & Growth Projections:

    • 2025 Market Size: USD 791.4 million
    • 2026 Market Size: USD 840.55 million
    • Projected Market Size: USD 1.54 billion by 2035
    • Growth Forecasts: 6.9% CAGR (2026-2035)
  • Key Regional Dynamics:

    • Largest Region: Europe (40% Share by 2035)
    • Fastest Growing Region: Asia Pacific
    • Dominating Countries: United States, Germany, Japan, China, United Kingdom
    • Emerging Countries: China, India, Japan, South Korea, Brazil
  • Last updated on : 11 September, 2025

Growth Drivers

  • Rising Trend of Miniaturization Techniques – The growing popularity of miniaturization techniques has led to an increase in the use of small NIR spectrometers, which has made New and previously impossible NIR spectroscopy applications. In addition, these spectrometers can be used in isolated areas for quick on-site analysis, as they are adaptable, and precise equipment.
  • Growing Sales of Semiconductor – This may increase the demand for near-infrared (NIR) spectroscopy since it is useful in evaluating semiconductor manufacturing equipment such as wafers, and thin films to ensure effective performance and reduce wastage.
    Global semiconductor sales totaled over USD 580 billion USD in 2022.

Challenges

  • Exorbitant Cost of NIR Instruments – To meet the high performance standards a NIR device is made up of advanced components. These components require high-quality materials which are expensive to manufacture. This, as a result, increases the overall cost of the device.
  • Incapability to Consider the Different Percentages of Brain and Extracranial Tissues in People.
  • Lack of Standardization

Near-infrared Spectroscopy Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Period

2026-2035

CAGR

6.9%

Base Year Market Size (2025)

USD 791.4 million

Forecast Year Market Size (2035)

USD 1.54 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Near-infrared Spectroscopy Market Segmentation:

Product Segment Analysis

The fourier transform-based (FT-NIR) spectrometers segment is estimated to hold 80% share of the global NIR spectroscopy market in the coming years owing to the growing chemical sector. As a result, the need for spectroscopic analysis has increased in the sector. FT-NIR spectrometers are used for non-destructive quantitative analysis and to identify chemicals, substances in a test sample, and monitoring chemical reactions. According to estimates, more than USD 4 trillion dollars in sales were generated by the chemical sector worldwide in 2021.

Type Segment Analysis

Near-infrared spectroscopy market in the benchtop segment is set to garner a notable share of 75% shortly owing to benefits offered by this type. Benchtop near-infrared devices are cost-effective and easily accessible to users. They can be used across a range of applications which makes them versatile. Besides this, they have a longer lifespan, require minimum space, and less maintenance. Further, they also help in the rapid analysis of samples without causing them any destruction.

Our in-depth analysis of the global NIR spectroscopy market includes the following segments: 

   Type

  • Benchtop
  • Portable

   Product

  • Dispersive Infrared Spectroscopy
  • Fourier Transform-based (FT-NIR) Spectrometers

   Application

  • Medical Applications
  • Remote Monitoring
  •  Agriculture
  • Astronomical Spectroscopy
  • Particle Measurement
  • Industrial Use
  • Material Science
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Near-infrared Spectroscopy Market Regional Analysis:

European Market Insights

Europe industry is estimated to account for largest revenue share of 40% by 2035. Among EU Member States, Germany has the greatest level of current healthcare spending, followed by France, Italy, and Spain. As a result, research institutes in the region may spend more on advanced technologies such as near-infrared spectroscopy devices, which may increase their adoption for several applications. In 2020, Germany's current healthcare spending was the largest among EU member states and was estimated at over USD 470 billion.

 North American Market Insights

The North America near-infrared (NIR) spectroscopy market is estimated to be the second largest, during the forecast timeframe led by growing applications in research activities. Near-infrared reflectance spectroscopy is being applied to a broad range of research in the region to identify the molecular components of various samples for usage in practical applications.

Near-infrared (NIR) Spectroscopy Market share
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Near-infrared Spectroscopy Market Players:

    • PerkinElmer Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Thermo Fisher Scientific Inc.
    • Bruker
    • Oxford Instruments
    • Brainbox Ltd.
    • Malvern Panalytical Ltd
    • Galaxy-Scientific
    • ABB

Recent Developments

  • PerkinElmer Inc. introduced a new FT-IR liquid food testing platform, the LQA300 system to identify key quality markers in wine and detect important quality indicators, including levels of alcohol, sugar, acidity, pH, and density, at each stage of the wine-making process.
  • Thermo Fisher Scientific Inc. acquired MarqMetrix, a pioneer in Raman spectroscopy-based compositional analysis to provide a valuable addition to Raman-based in-line PAT and expand the market-leading portfolio of analytical solutions.
  • Report ID: 5141
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2026, the industry size of near-infrared spectroscopy is evaluated at USD 840.55 million.

The global near-infrared spectroscopy market size was worth over USD 791.4 million in 2025 and is poised to witness a CAGR of around 6.9%, crossing USD 1.54 billion revenue by 2035.

Europe near-infrared spectroscopy market is expected to command a 40% share by 2035, driven by high healthcare spending and increased adoption of advanced technologies like near-infrared spectroscopy devices.

Key players in the market include PerkinElmer Inc., Thermo Fisher Scientific Inc., Bruker, Oxford Instruments, Brainbox Ltd., Malvern Panalytical Ltd, Galaxy-Scientific, ABB.
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