Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Filter by Categories
global-optical-coherence-tomography-oct-market

Optical Coherence Tomography (OCT) Market [By Technology (Time Domain Optical Coherence Tomography (TDOCT), Frequency Domain Optical Coherence Tomography (FD-OCT), and Spatially Encoded Frequency Domain Optical Coherence Tomography); By Type (Catheter based OCT Devices, Doppler OCT Devices, Handheld OCT Devices, Tabletop OCT Devices); By Application (Ophthalmology, Cardiovascular, Oncology, Dermatology, and Others); and by Regions]: Market size & Forecast, 2018 – 2026

Published: May 2018
Pages: 90
Format: PDF
Report ID: PM1300
License and Pricing
Buy Now Inquire Before Buying

Report Summary

The Global Optical Coherence Tomography (OCT) Market was estimated at USD 865.13 Million in 2017 and is anticipated to gain significant traction over coming years.

Optical coherence tomography (OCT) is a non-invasive imaging method that uses coherent light to detention the micrometer-resolution providing 2D/3D images from within optical scattering media. The Optical coherence tomography (OCT) device generates a false-color representation of the tissue structure, on the micron scale in situ and in real time. In general, OCT is used for industrial nondestructive testing (NDT) and medical imaging.  The OCT is similar to ultrasound imaging, excepting that instead of sound it uses light. Traditional OCT systems were centered on time-domain (TD) optical technology, but in the recent time, Spectral-domain OCT (SD-OCT) thrived TD-OCT and addressed some of its limits. The SD-OCT is approximately 50-1000 times faster than the traditional TD technique. In addition, the swept-source OCT (SS-OCT) has also generated a great deal of consideration in Optical coherence tomography (OCT) market, as SS-OCT provides more than 200,000 A-scans/second with around 5-7 µm axial resolution.

The global optical coherence tomography (OCT) market is driven by rising incidence of eye disorders and advancements in technology. The growing prevalence of eye ailments has a substantial influence on the optical coherence tomography (OCT) market as it auxiliary impulses the demand for advanced and novel products of higher accuracy. Additionally, favorable reimbursements scenario, rising approval from regulatory organizations, and rising application of optical coherence tomography are another factors driving the market growth. OCT has been developed as one of the most vital imaging procedure in various medical applications. Additionally, OCT is an ophthalmic technique with the similarity of intravascular ultrasound in cardiology which is used to examine the coronary arteries. There are numerous products in the market for cardiac applications such as Dragonfly imaging catheter and C7-XR OCT system. Nonetheless, despite having numerous applications, Ophthalmology is still the dominating field of biomedical OCT owing to the accuracy of OCT. However, the high cost of equipment is one of the major restraint of the global optical coherence tomography (OCT) market.

North America Optical Coherence Tomography (OCT) Market Share by Technology, 2017 - 2026 (USD Million)

Global Optical Coherence Tomography Market

Inside circle shown for 2017 & outside circle shown for 2026

Segment Analysis

The global Optical Coherence Tomography (OCT) Market is segmented on the basis of technology, type, application, and geography.

On the basis of technology, the global Optical Coherence Tomography (OCT) Market is segmented into Time Domain Optical Coherence Tomography (TDOCT), Frequency Domain Optical Coherence Tomography (FD-OCT), and Spatially Encoded Frequency Domain Optical Coherence Tomography. The Spatially Encoded Frequency Domain Optical Coherence Tomography is further categorized into Spectral Domain Optical Coherence Tomography (SDOCT) and Fourier Domain Optical Coherence Tomography (FDOCT).

On the basis of type, the global Optical Coherence Tomography (OCT) Market is segmented into Catheter-based OCT devices, Doppler OCT devices, Handheld OCT devices, and Tabletop OCT devices. In 2017, the handheld type segment was estimated to dominate the market. The dominance is attributed to the higher product penetration in developed regions such as U.S., U.K., Germany, and Brazil.

On the basis of application, the global Optical Coherence Tomography (OCT) Market is segmented into Ophthalmology, Cardiovascular, Oncology, Dermatology, and others. In 2017, ophthalmology segment is estimated to dominate the market growth. Introduction of higher performing devices with accurateness, improved performance, and easiness of use coupled with the supplementing occurrences of choroidal and retinal disorders is the vigorous impact rendering factor enhancing the market growth.

Regional Analysis

In terms of geography, North America was estimated to dominate the global Optical Coherence Tomography (OCT) market. The dominance is majorly due to the growing incidence of prevalence of diabetic retinopathy, other eye disorders, and the existence of the major key players in North America. For instance, according to the Genentech, Inc. reports of 2017, approximately 200,000 new cases of wet AMD are detected in the U.S. each year. Moreover, it is also stated that Diabetic retinopathy also affects about 7.7 million American individuals, and the number is expected to reach 11.3 million by 2030. Thus, increasing prevalence of people suffering ophthalmic cases demanding proper treatment is estimated to boost the market growth. However, Asia Pacific region is estimated to become the fastest growing region during the forecast period. Rising participation of market players and rapid technological advancement are the factors anticipated to drive the growth of this market in the Asia Pacific.

North America Optical Coherence Tomography (OCT) Market, by Technology, 2017 - 2026 (USD Million)

Global Optical Coherence Tomography Market1

Competitive Landscape

Major firms are focusing on small firms with a working methodology of securing the end goal to manage position in the market and are associated with mergers and acquisitions, key joint efforts, and novel item advancement to pick up profit share in the business. Some major key players in global Optical Coherence Tomography (OCT) Market includes Agfa Healthcare, Carl Zeiss Meditec AG, Heidelberg Engineering GmbH, Imalux Corporation, Michelson Diagnostics, Novacam Technologies Inc., OPTOPOL Technology S.A., Topcon Medical Systems Inc. and Thorlabs Inc. among others.

Key questions answered by the report

  • What is the current Market Size and Forecasts of Optical Coherence Tomography (OCT) Market?
  • What is the market opportunity for Optical Coherence Tomography (OCT) Market?
  • How big is the market size for consulting services for Optical Coherence Tomography (OCT) Market?
  • How much is the estimated market for Optical Coherence Tomography (OCT) in North America in the forecast period?
  • What are the available opportunities and who are the top market players in this space?
  • Which are the major disease technology segments and what traction are they gaining in the market?

 

Table of Contents

  1. Overview and Scope
    1. Research goal & scope
    2. Research assumptions
    3. Research Methodology
      1. Primary data sources
      2. Secondary data sources
    4. Key take-aways
    5. Stakeholders
  2. Executive Summary
    1. Market Definition
    2. Market Segmentation
  3. Optical Coherence Tomography (OCT) Market Insights
    1. Optical Coherence Tomography (OCT)– Industry snapshot
    2. Optical Coherence Tomography (OCT)- Ecosystem analysis
    3. Optical Coherence Tomography (OCT) Market dynamics
      1. Optical Coherence Tomography (OCT)– Market Forces
        1. Optical Coherence Tomography (OCT) Market driver analysis
        2. Optical Coherence Tomography (OCT) Market restraint/challenges analysis
        3. Optical Coherence Tomography (OCT) Market opportunity analysis
    4. Industry analysis - Porter's five force
      1. Bargaining power of supplier
      2. Bargaining power of buyer
      3. Threat of substitute
      4. Threat of new entrant
      5. Degree of competition
    5. Optical Coherence Tomography (OCT) Market PEST analysis, 2017
      1. Optical Coherence Tomography (OCT) Industry trends
      2. Competitive Ranking Analysis
  4. Optical Coherence Tomography (OCT) Market Size and Forecast by Technology
    1. Key findings
    2. Time Domain Optical Coherence Tomography (TDOCT)
      1. Global market estimates and forecasts, 2017 – 2026
    3. Frequency Domain Optical Coherence Tomography (FD-OCT)
      1. Global market estimates and forecasts, 2017 – 2026
    4. Spatially Encoded Frequency Domain Optical Coherence Tomography
      1. Global market estimates and forecasts, 2017 – 2026
        1. Spectral Domain Optical Coherence Tomography (SDOCT)
        2. Fourier Domain Optical Coherence Tomography (FDOCT)
  5. Optical Coherence Tomography (OCT) Market Size and Forecast by Type
    1. Key findings
    2. Catheter based OCT devices
      1. Global market estimates and forecasts, 2017 - 2026
    3. Doppler OCT devices
      1. Global market estimates and forecasts, 2017 - 2026
    4. Handheld OCT devices
      1. Global market estimates and forecasts, 2017 - 2026
    5. Tabletop OCT devices
      1. Global market estimates and forecasts, 2017 - 2026
    6. Therapeutic Purpose
      1. Global market estimates and forecasts, 2017 – 2026
        1. Renal
        2. Hematology
        3. Other Rare Diseases
  6. Optical Coherence Tomography (OCT) Market Size and Forecast by Applicaion
    1. Key findings
    2. Hospitals
      1. Global market estimates and forecasts, 2017 – 2026
    3. Clinics
      1. Global market estimates and forecasts, 2017 – 2026
    4. Ambulatory surgical Centers
      1. Global market estimates and forecasts, 2017 – 2026
    5. Blood Donation Centers
      1. Global market estimates and forecasts, 2017 - 2026
  7. Optical Coherence Tomography (OCT) Market Size and Forecast by Regions
    1. Key findings
    2. North America
      1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
      2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
      3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      4. U.S.
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      5. Canada
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
    3. Europe
      1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
      2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
      3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      4. Germany
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      5. UK
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      6. France
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      7. Italy
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
    4. Asia Pacific
      1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
      2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
      3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      4. China
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      5. India
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      6. Japan
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      7. Australia
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
    5. Latin America
      1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
      2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
      3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      4. Brazil
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
      5. Mexico
        1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
        2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
        3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
    6. Middle East & Africa
      1. Optical Coherence Tomography (OCT) Market by Technology, 2017 - 2026
      2. Optical Coherence Tomography (OCT) Market by Type, 2017 - 2026
      3. Optical Coherence Tomography (OCT) Market by Application, 2017 - 2026
  8. Company Profiles
    1. Agfa Healthcare
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    2. Carl Zeiss Meditec AG
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    3. Heidelberg Engineering GmbH
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    4. Imalux Corporation
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    5. Michelson Diagnostics
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    6. Novacam Technologies Inc.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    7. OPTOPOL Technology S.A.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    8. Topcon Medical Systems Inc.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    9. Thorlabs Inc.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments

 

Report Content

Qualitative Analysis

  • Industry overview
  • Industry trends
  • Market drivers and restraints
  • Market size
  • Growth prospects
  • Porter’s analysis
  • PESTEL analysis
  • Key market opportunities prioritized
  • Competitive landscape
    • Overview
    • Financials
    • Product benchmarking
    • Latest strategic developments

Quantitative Analysis

  • Market size, estimates, and forecasts from 2017 to 2026
  • Market revenue estimates for technology up to 2026
  • Market revenue estimates for type up to 2026
  • Market revenue estimates for application up to 2026
  • Market revenue estimates for up to 2026
  • Regional market size and forecast for technology from 2017 to 2026
  • Regional market size and forecast for type segments up to 2026
  • Regional market size and forecast for application segments up to 2026
  • Company financials

Request For customization

 

By using this form you agree with the storage and handling of your data by this website.

Speak to Analyst

 

By using this form you agree with the storage and handling of your data by this website.

Inquire Before Buying

 

By using this form you agree with the storage and handling of your data by this website.

Request for Sample

By using this form you agree with the storage and handling of your data by this website.