APO RESEARCH · REPORT
Indocyanine Green
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.
Product & engineering
Understand the product.
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.
Selected research
Market Analysis & Forecast
Global Indocyanine Green Market Analysis and Forecast 2026-2032
Market perspective
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.
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.
Read the full market overview
This report presents an overview of global market for Indocyanine Green, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Indocyanine Green, also provides the sales of main regions and countries. Of the upcoming market potential for Indocyanine Green, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Indocyanine Green sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Indocyanine Green market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Indocyanine Green sales, projected growth trends, production technology, application and end-user industry.
Indocyanine Green Segment by Company
Akorn
PULSION Medical Systems AG
Diagnostic Green
SERB
Daiichi Sankyo Company
Santen Pharmaceutical Co., Ltd.
Aurolab
Yichuang
Eisai
Indocyanine Green Segment by Type
Type I
Type II
Indocyanine Green Segment by Application
Ophthalmology
Neurosurgery
Liver Diseases
Others
Indocyanine Green Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Indocyanine Green market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Indocyanine Green and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Indocyanine Green.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: 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 3: Sales (consumption), revenue of Indocyanine Green in global, regional level and country level. It 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 of each country in the world.
Chapter 4: Detailed analysis of Indocyanine Green manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Indocyanine Green sales, revenue, price, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 9: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 10: China type, by application, sales, and revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, sales, and revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Type I
- Type II
Applications
- Ophthalmology
- Neurosurgery
- Liver Diseases
- Others
Companies covered
- Akorn
- PULSION Medical Systems AG
- Diagnostic Green
- SERB
- Daiichi Sankyo Company
- Santen Pharmaceutical Co., Ltd.
- Aurolab
- Yichuang
- Eisai
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Indocyanine Green Market by Type
- 1.2.1 Global Indocyanine Green Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Type I
- 1.2.3 Type II
- 1.3 Indocyanine Green Market by Application
- 1.3.1 Global Indocyanine Green Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Ophthalmology
- 1.3.3 Neurosurgery
- 1.3.4 Liver Diseases
- 1.3.5 Others
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Indocyanine Green Market Dynamics
- 2.1 Indocyanine Green Industry Trends
- 2.2 Indocyanine Green Industry Drivers
- 2.3 Indocyanine Green Industry Opportunities and Challenges
- 2.4 Indocyanine Green Industry Restraints
3 Global Market Growth Prospects
- 3.1 Global Indocyanine Green Revenue Estimates and Forecasts (2021-2032)
- 3.2 Global Indocyanine Green Revenue by Region
- 3.2.1 Global Indocyanine Green Revenue by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Indocyanine Green Revenue by Region (2021-2026)
- 3.2.3 Global Indocyanine Green Revenue by Region (2027-2032)
- 3.2.4 Global Indocyanine Green Revenue Market Share by Region (2021-2032)
- 3.3 Global Indocyanine Green Sales Estimates and Forecasts 2021-2032
- 3.4 Global Indocyanine Green Sales by Region
- 3.4.1 Global Indocyanine Green Sales by Region: 2021 VS 2025 VS 2032
- 3.4.2 Global Indocyanine Green Sales by Region (2021-2026)
- 3.4.3 Global Indocyanine Green Sales by Region (2027-2032)
- 3.4.4 Global Indocyanine Green Sales Market Share by Region (2021-2032)
- 3.5 US & Canada & Mexico
- 3.6 Europe
- 3.7 China
- 3.8 Asia (Excluding China)
- 3.9 South America, Middle East and Africa
4 Market Competitive Landscape by Manufacturers
- 4.1 Global Indocyanine Green Revenue by Manufacturers
- 4.1.1 Global Indocyanine Green Revenue by Manufacturers (2021-2026)
- 4.1.2 Global Indocyanine Green Revenue Market Share by Manufacturers (2021-2026)
- 4.1.3 Global Indocyanine Green Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Indocyanine Green Sales by Manufacturers
- 4.2.1 Global Indocyanine Green Sales by Manufacturers (2021-2026)
- 4.2.2 Global Indocyanine Green Sales Market Share by Manufacturers (2021-2026)
- 4.2.3 Global Indocyanine Green Manufacturers Sales Share Top 10 and Top 5 in 2025
- 4.3 Global Indocyanine Green Sales Price by Manufacturers (2021-2026)
- 4.4 Global Indocyanine Green Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 4.5 Global Indocyanine Green Key Manufacturers Manufacturing Sites & Headquarters
- 4.6 Global Indocyanine Green Manufacturers, Product Type & Application
- 4.7 Global Indocyanine Green Manufacturers' Establishment Date
- 4.8 Market Competitive Analysis
- 4.8.1 Global Indocyanine Green Market CR5 and HHI
- 4.8.2 2025 Indocyanine Green Tier 1, Tier 2, and Tier 3
5 Indocyanine Green Market by Type
- 5.1 Global Indocyanine Green Revenue by Type
- 5.1.1 Global Indocyanine Green Revenue by Type (2021 VS 2025 VS 2032)
- 5.1.2 Global Indocyanine Green Revenue by Type (2021-2032) & (US$ Million)
- 5.1.3 Global Indocyanine Green Revenue Market Share by Type (2021-2032)
- 5.2 Global Indocyanine Green Sales by Type
- 5.2.1 Global Indocyanine Green Sales by Type (2021 VS 2025 VS 2032)
- 5.2.2 Global Indocyanine Green Sales by Type (2021-2032) & (K Nos)
- 5.2.3 Global Indocyanine Green Sales Market Share by Type (2021-2032)
- 5.3 Global Indocyanine Green Price by Type
6 Indocyanine Green Market by Application
- 6.1 Global Indocyanine Green Revenue by Application
- 6.1.1 Global Indocyanine Green Revenue by Application (2021 VS 2025 VS 2032)
- 6.1.2 Global Indocyanine Green Revenue by Application (2021-2032) & (US$ Million)
- 6.1.3 Global Indocyanine Green Revenue Market Share by Application (2021-2032)
- 6.2 Global Indocyanine Green Sales by Application
- 6.2.1 Global Indocyanine Green Sales by Application (2021 VS 2025 VS 2032)
- 6.2.2 Global Indocyanine Green Sales by Application (2021-2032) & (K Nos)
- 6.2.3 Global Indocyanine Green Sales Market Share by Application (2021-2032)
- 6.3 Global Indocyanine Green Price by Application
7 Company Profiles
- 7.1 Akorn
- 7.1.1 Akorn Company Information
- 7.1.2 Akorn Business Overview
- 7.1.3 Akorn Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 Akorn Indocyanine Green Product Portfolio
- 7.1.5 Akorn Recent Developments
- 7.2 PULSION Medical Systems AG
- 7.2.1 PULSION Medical Systems AG Company Information
- 7.2.2 PULSION Medical Systems AG Business Overview
- 7.2.3 PULSION Medical Systems AG Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 PULSION Medical Systems AG Indocyanine Green Product Portfolio
- 7.2.5 PULSION Medical Systems AG Recent Developments
- 7.3 Diagnostic Green
- 7.3.1 Diagnostic Green Company Information
- 7.3.2 Diagnostic Green Business Overview
- 7.3.3 Diagnostic Green Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 Diagnostic Green Indocyanine Green Product Portfolio
- 7.3.5 Diagnostic Green Recent Developments
- 7.4 SERB
- 7.4.1 SERB Company Information
- 7.4.2 SERB Business Overview
- 7.4.3 SERB Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 SERB Indocyanine Green Product Portfolio
- 7.4.5 SERB Recent Developments
- 7.5 Daiichi Sankyo Company
- 7.5.1 Daiichi Sankyo Company Company Information
- 7.5.2 Daiichi Sankyo Company Business Overview
- 7.5.3 Daiichi Sankyo Company Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Daiichi Sankyo Company Indocyanine Green Product Portfolio
- 7.5.5 Daiichi Sankyo Company Recent Developments
- 7.6 Santen Pharmaceutical Co., Ltd.
- 7.6.1 Santen Pharmaceutical Co., Ltd. Company Information
- 7.6.2 Santen Pharmaceutical Co., Ltd. Business Overview
- 7.6.3 Santen Pharmaceutical Co., Ltd. Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 Santen Pharmaceutical Co., Ltd. Indocyanine Green Product Portfolio
- 7.6.5 Santen Pharmaceutical Co., Ltd. Recent Developments
- 7.7 Aurolab
- 7.7.1 Aurolab Company Information
- 7.7.2 Aurolab Business Overview
- 7.7.3 Aurolab Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 Aurolab Indocyanine Green Product Portfolio
- 7.7.5 Aurolab Recent Developments
- 7.8 Yichuang
- 7.8.1 Yichuang Company Information
- 7.8.2 Yichuang Business Overview
- 7.8.3 Yichuang Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Yichuang Indocyanine Green Product Portfolio
- 7.8.5 Yichuang Recent Developments
- 7.9 Eisai
- 7.9.1 Eisai Company Information
- 7.9.2 Eisai Business Overview
- 7.9.3 Eisai Indocyanine Green Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 Eisai Indocyanine Green Product Portfolio
- 7.9.5 Eisai Recent Developments
8 North America
- 8.1 North America Indocyanine Green Market Size by Type
- 8.1.1 North America Indocyanine Green Revenue by Type (2021-2032)
- 8.1.2 North America Indocyanine Green Sales by Type (2021-2032)
- 8.1.3 North America Indocyanine Green Price by Type (2021-2032)
- 8.2 North America Indocyanine Green Market Size by Application
- 8.2.1 North America Indocyanine Green Revenue by Application (2021-2032)
- 8.2.2 North America Indocyanine Green Sales by Application (2021-2032)
- 8.2.3 North America Indocyanine Green Price by Application (2021-2032)
- 8.3 North America Indocyanine Green Market Size by Country
- 8.3.1 North America Indocyanine Green Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 8.3.2 North America Indocyanine Green Sales by Country (2021 VS 2025 VS 2032)
- 8.3.3 North America Indocyanine Green Price by Country (2021-2032)
- 8.3.4 United States
- 8.3.5 Canada
- 8.3.6 Mexico
9 Europe
- 9.1 Europe Indocyanine Green Market Size by Type
- 9.1.1 Europe Indocyanine Green Revenue by Type (2021-2032)
- 9.1.2 Europe Indocyanine Green Sales by Type (2021-2032)
- 9.1.3 Europe Indocyanine Green Price by Type (2021-2032)
- 9.2 Europe Indocyanine Green Market Size by Application
- 9.2.1 Europe Indocyanine Green Revenue by Application (2021-2032)
- 9.2.2 Europe Indocyanine Green Sales by Application (2021-2032)
- 9.2.3 Europe Indocyanine Green Price by Application (2021-2032)
- 9.3 Europe Indocyanine Green Market Size by Country
- 9.3.1 Europe Indocyanine Green Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 Europe Indocyanine Green Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 Europe Indocyanine Green Price by Country (2021-2032)
- 9.3.4 Germany
- 9.3.5 France
- 9.3.6 U.K.
- 9.3.7 Italy
- 9.3.8 Russia
- 9.3.9 Spain
- 9.3.10 Netherlands
10 China
- 10.1 China Indocyanine Green Market Size by Type
- 10.1.1 China Indocyanine Green Revenue by Type (2021-2032)
- 10.1.2 China Indocyanine Green Sales by Type (2021-2032)
- 10.1.3 China Indocyanine Green Price by Type (2021-2032)
- 10.2 China Indocyanine Green Market Size by Application
- 10.2.1 China Indocyanine Green Revenue by Application (2021-2032)
- 10.2.2 China Indocyanine Green Sales by Application (2021-2032)
- 10.2.3 China Indocyanine Green Price by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Indocyanine Green Market Size by Type
- 11.1.1 Asia Indocyanine Green Revenue by Type (2021-2032)
- 11.1.2 Asia Indocyanine Green Sales by Type (2021-2032)
- 11.1.3 Asia Indocyanine Green Price by Type (2021-2032)
- 11.2 Asia Indocyanine Green Market Size by Application
- 11.2.1 Asia Indocyanine Green Revenue by Application (2021-2032)
- 11.2.2 Asia Indocyanine Green Sales by Application (2021-2032)
- 11.2.3 Asia Indocyanine Green Price by Application (2021-2032)
- 11.3 Asia Indocyanine Green Market Size by Country
- 11.3.1 Asia Indocyanine Green Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 11.3.2 Asia Indocyanine Green Sales by Country (2021 VS 2025 VS 2032)
- 11.3.3 Asia Indocyanine Green Price by Country (2021-2032)
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 India
- 11.3.7 Australia
- 11.3.8 Taiwan
- 11.3.9 Southeast Asia
12 South America, Middle East and Africa
- 12.1 SAMEA Indocyanine Green Market Size by Type
- 12.1.1 SAMEA Indocyanine Green Revenue by Type (2021-2032)
- 12.1.2 SAMEA Indocyanine Green Sales by Type (2021-2032)
- 12.1.3 SAMEA Indocyanine Green Price by Type (2021-2032)
- 12.2 SAMEA Indocyanine Green Market Size by Application
- 12.2.1 SAMEA Indocyanine Green Revenue by Application (2021-2032)
- 12.2.2 SAMEA Indocyanine Green Sales by Application (2021-2032)
- 12.2.3 SAMEA Indocyanine Green Price by Application (2021-2032)
- 12.3 SAMEA Indocyanine Green Market Size by Country
- 12.3.1 SAMEA Indocyanine Green Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 SAMEA Indocyanine Green Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 SAMEA Indocyanine Green Price by Country (2021-2032)
- 12.3.4 Brazil
- 12.3.5 Argentina
- 12.3.6 Chile
- 12.3.7 Colombia
- 12.3.8 Peru
- 12.3.9 Saudi Arabia
- 12.3.10 Israel
- 12.3.11 UAE
- 12.3.12 Turkey
- 12.3.13 Iran
- 12.3.14 Egypt
13 Value Chain and Sales Channels Analysis
- 13.1 Indocyanine Green Value Chain Analysis
- 13.1.1 Indocyanine Green Key Raw Materials
- 13.1.2 Raw Materials Key Suppliers
- 13.1.3 Manufacturing Cost Structure
- 13.1.4 Indocyanine Green Production Mode & Process
- 13.2 Indocyanine Green Sales Channels Analysis
- 13.2.1 Direct Comparison with Distribution Share
- 13.2.2 Indocyanine Green Distributors
- 13.2.3 Indocyanine Green Customers
14 Concluding Insights
15 Appendix
- 15.1 Reasons for Doing This Study
- 15.2 Research Methodology
- 15.3 Research Process
- 15.4 Authors List of This Report
- 15.5 Data Source
- 15.5.1 Secondary Sources
- 15.5.2 Primary Sources
- 15.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst