Optical Coherence Tomography Market

SKU: DMMD16 | Last Updated On: Sep 20 2022 | Available Formats

>Optical Coherence Tomography Market Expected to reach a high CAGR of 11.70% during the forecast period 2022-2029:

Optical Coherence Tomography Market is segmented by Product Type (Handheld, Tabletop, Doppler, Catheter-based and Others), By Volume Scan (Annular, Raster, Radial, and Others), By Technology (Frequency Domain, Spatially Encoded Frequency Domain, Time Domain, and Others), By Application (Ophthalmology, Cardiology, Dermatology, and Others), By End-Users (Hospitals, Research Institutes, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Optical Coherence Tomography Market is expected to grow at a CAGR of 11.70% during the forecasting period (2022-2029).

  • Optical Coherence Tomography (OCT) is a diagnostic technique that provides a cross-sectional view of the retina and images of specific non-transparent tissues of other organs.

  • OCT is a leading segment of the optical imaging market with a market share of approximately 72%, owing to its early diagnosis of eye-related diseases and ease of access to retinal areas.

Optical Coherence Tomography Market Trends

  • Advancements in Photonics and fiber optics fields are the primary external factors that favor OCT.

  • Market growth is driven by several factors such as the growing prevalence of optical diseases and diabetes, increasing demand for non-invasive surgeries, Technological advancements in healthcare, etc.,

  • However, the high cost of the device is slowing down growth.

  • To provide quantitative information and improve the diagnosis performance, several functional OCT methods such as polarization-sensitive OCT, Doppler OCT, or OCT combined with fluorescence are being investigated.

  • The aim is to facilitate the manufacturing of compact, low cost and portable OCT systems to reach applications at a fundamental level such as the dermatologist, dentistry, etc.,

Optical Coherence Tomography Market Segmentation

Global Optical Coherence Tomography Market is segmented:-

  • By Product type into Handheld, Tabletop, Doppler, Catheter-based, and others, by Volume Scan as Annular, Raster, Radial, and others.

  • By Technology into Frequency Domain, Spatially Encoded Frequency Domain, Time Domain, and others.

  • Application into Ophthalmology, Cardiology, Dermatology, and others.

  • By End Users into Hospitals, Research Institutes, and Others.

  • Geographically, the market is segmented into North America, South America, Europe, Asia Pacific, and RoW.

  • North America and Europe are dominating the market mainly due to growing healthcare expenditures, advancements in healthcare, and favorable government regulations in these regions.

Optical Coherence Tomography Market Scope

Metrics

Details

Market CAGR

11.7%

Segments Covered

By Product Type, By Volume Scan, By Technology, By Application, By End-Users, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Frequently Asked Questions

What is the Projected CAGR value of the Optical Coherence Tomography Market?

Optical Coherence Tomography Market is expected to grow at a CAGR of 11.7% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Optical Coherence Tomography Market during 2022-2029

Which is the fastest growing region in the Optical Coherence Tomography Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period 

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