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(Medical-NewsWire.com, December 24, 2019 ) Market Overview
• Optical Coherence Tomography (OCT) is a diagnostic technique provides a cross-sectional view of the retina and images 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.
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Market Trends
• Advancements in Photonics and fiber optics field 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 fundamental level such as the dermatologist, dentistry, etc.,
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.
Report Scope
• This report profiles the following companies: Agfa Healthcare, TOPCON, Michelson Diagnostics, Imalux Corporation, Thorlabs, OPTOPOL, Zeiss, and Novacam Technologies.
• It covers factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
By Product Type
• Handheld
• Tabletop
• Doppler
• Catheter-based
• Others
By Volume Scan
• Annular
• Raster
• Radial
• Others
By Technology
• Frequency Domain
• Spatially Encoded Frequency Domain
• Time Domain
• Others
By Application
• Ophthalmology
• Cardiology
• Dermatology
• Others
By End Users
• Hospitals
• Research Institutes
• Others
By Region
• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
• Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
• North America (The USA, Canada, Mexico)
• South America (Brazil, Argentina, Rest of South America)
• Rest of the World.
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