The commercialization potential of terahertz laser technology invented by Terahertz Technologies LLC includes the market opportunity for non-communication applications. Terahertz Technologies LLC produces Terahertz radiation that can be used for a broad range of applications, including medical imaging, spectroscopy, nondestructive evaluation, and homeland security. Terahertz Technologies has targeted the medical imaging market for its first product. In the U.S., medical imaging comprises a $6.6 billion market which is currently growing at a CAGR of 7.6%. At present, terahertz imaging represents an insignificant fraction of this total, being classified under the ubiquitous heading Other. However, as a non-ionizing imaging technology which can penetrate up to several centimeters of tissue, terahertz imaging is capable of becoming the preferred modality for a number of specialized but important applications, such as dental imaging, mammography, and the detection of skin cancer. Moreover, since it is sensitive to molecular structure, it has the ability (like PET scanners) to image not just physical features but also cellular functions. Thus, it provides information complementary to more traditional methods, like X-ray and NMR images
