The Global Optical Coherence Tomography
Market is expected to grow at a CAGR of 8.9% during the forecast period
2017-2023. The non-invasive nature of optical coherence tomography (OCT) and
its ability to generate a false-color depiction of tissue structure has made
the global market for OCT highly lucrative. OCT is comparable to ultrasound
imaging, with the principal difference that the technology uses light instead
of sound.
Research & development of the
technology has led to efficient, fast and accurate OCT devices which have
branched out from ophthalmology to include medical applications in dermatology,
and cardiology among others, thus facilitating growth. Market Research Future's
report on OCT predicts an estimated evaluation of USD 1.48 billion by 2023 and
an impressive CAGR of 8.9% during the forecast period of 2017 to 2023.
Increasing application of optical
coherence tomography, rising approval from regulatory bodies, and favorable
reimbursements are also fueling the market growth. OCT has been evolved as one
of the most important imaging technique in various medical applications. OCT is
an optical analog of intravascular ultrasound in cardiology, used to examine
the coronary arteries. There are various products in the market for
cardiovascular applications such as Dragonfly imaging catheter and C7-XR OCT
system by Abbott, Lunawave - Coronary imaging console by Terumo, and others.
But despite various applications, Ophthalmology is still the dominating field
of biomedical OCT due to the precision of OCT that fits well the near-optical
quality of many ophthalmological structures.
Get Exclusive
Sample Copy @
The Global Optical Coherence
Tomography Market is segmented on the basis of technology, application, and
type of devices.
On the basis of the technology,
the market is classified into spectral-domain OCT (SD-OCT), swept-source OCT,
and others.
On the basis of the application,
the market is segmented into cardiology, ophthalmology, dermatology, oncology,
others.
On the basis of the type of
devices, the market is segmented into handheld OCT devices, tabletop OCT
devices, catheter-based OCT devices, and others.
Optical Coherence Tomography Market Key
Players:
Market leaders have been featured
in the report to provide a comprehensive understanding of the competitive
landscape. Prominent players included in the report are Imalux Corporation,
Optovue, Michelson Diagnostics, Carl Zeiss AG, Alcon, Abbott Laboratories,
Terumo Corporation, KONINKLIJKE PHILIPS N.V, B. Braun Melsungen AG, Boston
Scientific Corporation, OPTOPOL Technology S.A, Heidelberg Engineering GmbH,
Topcon Corporation, NIDEK Co., Ltd, Novacam Technologies Inc, Thorlabs Inc.,
and Agfa Healthcare
Optical Coherence Tomography Market Regional
Analysis:
The Americas hold the largest
share with nearly 37% of the global market share. Increasing occurrence of
diabetic retinopathy and other eye diseases is one of the key factors driving
the growth of the market. Moreover, there is a strong presence of market
leaders. MRFR as predicted that region will reach an evaluation of
approximately USD 558.34 million by 2023.
Europe follows the Americas lead
and is expected to maintain a strong second lead due to supportive government
policies and research & development carried out by private players is the
primary propeller for the growth of the OCT market over the forecast period.
The region is expected to closely follow the growth pattern of the Americas.
The Asia-Pacific region, is
predicted to be the fastest growing region with a CAGR of 9.4% during the
forecast period. A massive patient population in the region with a rising
incidence of eye diseases and diabetic retinopathy is expected to fuel rapid
growth for the region. International market leaders are trying to enter this
region, and this is likely to facilitate growth in the coming years further.
The Middle East & Africa are
expected to experience limited growth. This is primarily due to the passive
development in the African continent.
Major
TOC For Optical Coherence Tomography Market Research Report Forecast to 2023:
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 Assumptions & Limitations
2.1.1 Assumptions
2.1.2 Limitations
3 RESEARCH METHODOLOGY
3.1 Primary Research Methodology
3.2 Secondary Research Methodology
3.3 Market Share Analysis
3.4 Trade Analysis
3.5 Market Pricing Approach
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Prevalence Of Diabetic
Retinopathy And Other Eye Diseases
4.2.2 Increasing Technological Advancements
4.2.3 Multipurpose Application, Which Goes
Beyond Ophthalmology Use To Other Diseases
4.3 Restraint
4.3.1 High Cost
4.4 Opportunities
4.4.1 Rising Approval From Regulatory Bodies
4.4.2 Favourable Reimbursements
4.5 Macroeconomic Indicators
TOC
Continued…!
About
US:
Market Research Future (MRFR), enable customers to
unravel the complexity of various industries through Cooked Research Report
(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),
Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact
Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone:
+1
646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment