Optical Imaging Market: By Product (OCT Imaging Systems , Spectral Imaging System , PAT Imaging System and Others); By Technology (Optical Coherence Tomography , Hyper Spectral Imaging (HSI), and others ); By Application (Ophthalmology , Neurology, Oncology ,and others ); By End User (Hospitals, Clinics and Research Institutes); By Geographic Analysis - Forecast (2018-2023)

Report Code : HCR 0005 Format Type: PDF+ Excel Database

Optical Imaging Market Overview:
The increase in number of ophthalmology disorders coupled with the rise of new end technologies in non-invasive method of treatment is driving the market towards growth. The global Optical Imaging Market is estimated to grow with a CAGR of 11.3% during 2018-2023. Americas is the dominant player in the market with a market share of 39 % owing to many factors like high adoption rate of optical imaging devices is 95% in hospitals coupled with the developing technologies and changes in prices due to significant rise in technologies has made a positive impact in this region. Europe is another region which is rapidly growing and having a market share of 30% is due to the awareness of ophthalmological disorders coupled with the insurance coverage for the region.

Optical Imaging Market Outlook:
Optical Imaging is a new technology that helps in apprehending the internal organs of the body invasively. This technique usually employs visible light to obtain detail images of smaller structures in the body. According to Industry Arc findings, OCT captures more than 90% of the optical imaging market due to the wide range of applications provided by OCT in cardiology and oncology. The capacity to shorten delivery time coupled with higher adoption rate of these devices is helping the market to grow rapidly. 

Optical Imaging Market Growth drivers: 
The major growth factors for driving the Optical Imaging Industry are the numerous range of applications provided by the optical imaging devices in angiography, neurology, oncology, and so on. The technological advancement such as a fast optical imaging technique to reveal the time course of cortical responses as well as speech processing gives a cue of the rapidly developing technologies in optical imaging which are helping the market to grow. The use of fluorescent imaging with intraoperative optical imaging is a novel technology which is available at a reasonable cost thereby helping the market to grow 

Optical Imaging Market Challenges:
The challenges in the Optical Imaging Market is the refrainment of small and medium sized players for optical imaging devices due to the ever so changing technology changes with the change in price. The challenge to develop contrast agents targeted to specific molecules along the various pathways for treatment using fluorescence imaging is a challenge for clinicians.

Optical Imaging Market

Optical Imaging Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Optical Imaging Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the key global Optical Imaging Market players, to define, describe and analyze the sales value, market share, SWOT analysis and development plans in upcoming years.

Optical Imaging Market Report: Industry Coverage

Optical Imaging Market- By Product: OCT Imaging System, Spectral Imaging System, PAT Imaging System, Diffuse Optical Tomography, Diffuse Optical Spectroscopy and others

Optical Imaging Market-By Technology: Optical Coherence Tomography (OCT), Hyper Spectral Imaging (HSI), and Photoacoustic Tomography (PAT)

Optical Imaging Market- By Application: Ophthalmology, Neurology, Oncology and others 

Optical Imaging Market- By End Users: Hospitals, Clinics and Research Institutes

The Optical Imaging Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Optical Imaging Market Key Players Perspective: 
The major Key players for Optical Imaging Market are Optovue Inc., Thorlabs Inc., PerkinElmer Inc. , Headwall Photonics Inc. , Carl Zeiss Meditec AG and many more 

Market Research and Market Trends of Optical Imaging Market:
  • PerkinElmer Inc., has developed a new 3D optical imaging system along with CCD camera which is used for the purpose of identifying cell number or pmol concentration thereby reducing the amount of tissue light propagated.
  • The need for accuracy in diagnostic imaging has brought upon a major change in the diagnosis of medical images. The radiology benches in many research institutes are now equipped with CAD Tools which utilize the data more efficiently by the doctors. The inclusion of CAD Tools with suitable algorithms will help in a shortened diagnostic time with better results.
  • The use of molecular imaging in near infrared tomography which allows vivo imaging of enzyme pathways in many pathways is a significant achievement for detection of brain tumors at an early stage.
  • The use of Angular Domain Imaging (ADI) for performing optical imaging through highly scattering media provides traversing image of the media thereby providing a hyperspectral image to the physician


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