Optical Coherence Tomography (OCT) Market
Market Overview
The major driving factor for the global growth of OCT Market growth is the increasing intensity of prevalence of both diagnosed and undiagnosed diabetes. In 2015, an assessed 23.1 million people or 7.2% of the United States population had diagnosed with diabetes and currently, about 60% of people with diabetes have yearly screenings for diabetic retinopathy. Further, significant developments were made by early business researchers, engineering experts, clinician scientists, and business frontrunners, which empowered OCT to have a global impact on health care. According to Goldstein Research, technological profits of OCT such as the capability to visualize detailed structures of the eye, surface tissues, mucosal membranes, and vascular systems; is considerably motivating the growth of the Optical Coherence Tomography (OCT) market. Additionally, widespread use of OCT devices in drug discovery applications and development for imaging biological tissues at the molecular level are also backing the growth of the Optical Coherence Tomography (OCT) market.
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Market Segmentation
The global optical coherence tomography market is segmented on the basis of:
By Type
- Handheld OCT devices
- Catheter-based OCT devices
- Tabletop OCT devices
- Doppler OCT devices
By Technology
- Frequency Domain OCT (FD-OCT)
- Polarization-sensitive OCT
- Spatial Encoded Frequency Domain
- Time Domain OCT (TDOCT)
- Others
By Application
- Cardiovascular
- Ophthalmology
- Oncology
- Others (Dermatology Imaging, etc)
- By End User
- Hospitals and clinics
- ASCs
- Physicians' offices
This OCT market research report examines this market depending on major geographies, and present market trends. Geographies evaluated under this research report include
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Sweden
- RoE
- Asia-Pacific
- China
- India
- Japan
- Singapore
- South Korea
- Australia
- Rest of Asia
- The Middle East & Africa
- GCC
- South Africa
- North Africa
- RoMEA
Some of the major companies involved with the Optical Coherence Tomography (OCT) market are Carl Zeiss Meditec AG, Topcon Medical Systems Inc., Optovue, Michelson Diagnostics Ltd., Heidelberg Engineering GmbH, Novacam Technologies Inc., Agfa Healthcare, Imalux Corporation, OPTOPOL Technology S.A, Leica Microsystems, TOPCON, Agiltron, DermaLumics, Insight, Moptim, NinePoint Medical, Oztec, PhotoniCare, Santec, Terumo, Tomophase, Thorlabs, St. Jude Medical and Thorlabs Inc., etc.
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Further, for the exhaustive analysis, global OCT market report incorporates the industry market attractiveness, growth drivers, risk analysis, market challenges, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and financial analysis of the company and recent developments. Overall, the report provides a thorough analysis with current and future market trends to pinpoint the investment opportunities along with the market forecast that will help industry existing and new players to align their market-centric strategies according to the ongoing and expected trends in the future.
Key questions answered in this Global OCT Market Report
- What is the Global OCT Market Size by 2024 and what would be the expected growth rate of the industry?
- Key market trends across the segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
- What are the OCT market trends?
- Key developments and strategies observed in the market.
- What are the major barriers to OCT industry growth?
- What are the industry opportunities for the existing and entry-level players?
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