Description
Optical Coherence Tomography Market
By Technology (Time Domain OCT (TD-OCT), Frequency Domain OCT (FD-OCT), Spatial Encoded Frequency Domain OCT),
By Type (Catheter Based OCT Devices, Doppler OCT Devices, Handheld OCT Devices, Table-top OCT Devices),
By Application (Clinical {Ophthalmology, Cardiology, Oncology, Dermatology, Dentistry}, Industrial {Industrial Quality Control, Non Destructive Testing, Others}),
By Scanning speed (400 A-scans/sec, 4000 A-scans/sec, 20000 A-scans/sec, 32000 A-scans/sec, 40000 A-scans/sec, 70000 A-scans/sec, 80000 A-scans/sec, 100000 A-scans/sec, 250000 A-scans/sec), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And Forecasts To 2032
PRODUCT OVERVIEW
The Optical Coherence Tomography Market was valued at 1.28 billion USD in 2021 and is expected to reach USD 4.5 billion by 2032, increasing at a CAGR of 12% during the forecast period, i.e., 2022-2032
Optical Coherence Tomography is a modern technique used for cross-sectional imaging with high resolution. Optical Coherence Tomography is a non-invasive imaging method which utilizes coherent light for capturing 2D and 3D pictures. Imaging with high depth of penetration and high resolution are the characteristics of optical coherence tomography.
This method is use for examining transparent tissues and to analyse the retina condition by providing images of tissue in real time. This method is used in optical biopsy and assist in reducing the sampling errors involved with biopsy.
MARKET HIGHLIGHTS
Optical Coherence Tomography Market is expected to project a CAGR of 12% during the forecast period
The Optical Coherence Tomography Market was valued at 1.28 billion USD in 2021 and is expected to reach USD 4.5 billion by 2032, increasing at a CAGR of 12% during the forecast period, i.e., 2022-2032 owing to the factors like increasing geriatric population who require OCT in drug delivery. The rising advantages in developing economies by increasing the investments on for technical advancements is expected to drive the growth of optical coherence tomography (OCT) market.
OPTICAL COHERENCE TOMOGRAPHY MARKET: SEGMENTS
Frequency Domain Optical Coherence Tomography (FD-OCT) segment is expected to dominate in the forecast period
Optical Coherence Tomography Market is classified based on the Technology into Time Domain OCT (TDOCT), By Frequency Domain OCT (FD-OCT), Spatial Encoded Frequency Domain OCT. The Frequency Domain Optical Coherence Tomography (FD-OCT) segment dominated the market in 2021 and is also expected to dominate the market with high share during the forecast period. It works by measuring interference spectrum and so referred as Spectral-Domain OCT (SD-OCT) and is a traditional technique used for examining retina of eye.
Handheld OCT device type segment is expected to dominate in the forecast period
MARKET DYNAMICS
Growth Drivers
• Rising Number Of Patients With Eye Disorders Will Propel The Market Growth
• Advancements In Healthcare Sector Is Expected To Boost The Market Growth
Restraint
• High Cost Of Optical Coherence Tomography (OCT) Will Restrain The Market Growth
OPTICAL COHERENCE TOMOGRAPHY MARKET Players
• Adtell Integration
• ADVA Optical Networking
• Adtran, Inc.
• Broadcom
• Ciena Corporation
• Logix Fiber Networks
• Corning Incorporated
• OptiLayer GmbH
• Cisco Systems, Inc
• Fujitsu Optical Components Ltd
• Lumentum Operations LLC
• Reliance Communications
• Fiber Optic Services
• Hamamatsu Photonics K.K.
• Infinera Corporation
• Other Prominent Players
OPTICAL COHERENCE TOMOGRAPHY MARKET: REGIONS
Optical Coherence Tomography Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Based on regional analysis, North America dominated the market in 2021 and is expected to dominate the market share in the global Optical Coherence Tomography market in the forecast period owing to the rising investments in R&D, increasing geriatric population and adoption of new products in the region.
Optical Coherence Tomography Market Segments:
By Technology
• Time Domain OCT (TDOCT)
• Frequency Domain OCT (FD-OCT)
• Spatial Encoded Frequency Domain OCT
By Type
• Catheter Based OCT Devices
• Doppler OCT Devices
• Handheld OCT Devices
• Table-top OCT Devices
By Application
• Clinical (Ophthalmology, Cardiology, Oncology, Dermatology, Dentistry)
• Industrial (Industrial Quality Control, Non-Destructive Testing, Others)
By Scanning Speed
• 400 A-scans/sec
• 4000 A-scans/sec
• 20000 A-scans/sec
• 32000 A-scans/sec
• 40000 A-scans/sec
• 70000 A-scans/sec
• 80000 A-scans/sec
• 100000 A-scans/sec
• 250000 A-scans/sec
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Table of Contents
1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Optical Coherence Tomography Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Optical Coherence Tomography Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Optical Coherence Tomography Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Optical Coherence Tomography Market
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Optical Coherence Tomography Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Technology
11.3.1.1. Time Domain OCT (TD-OCT)
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Frequency Domain OCT (FD-OCT)
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Spatial Encoded Frequency Domain OCT
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Type
11.3.2.1. Catheter Based OCT Devices
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Doppler OCT Devices
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Handheld OCT Devices
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Table-top OCT Devices
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By Application
11.3.3.1. Clinical
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Industrial
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4. By Scanning speed
11.3.4.1. 400 A-scans/sec
11.3.4.1.1. By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. 4000 A-scans/sec
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2. Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. 20000 A-scans/sec
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.4. 32000 A-scans/sec
11.3.4.4.1. By Value (USD Million) 2022-2032F
11.3.4.4.2. Market Share (%) 2022-2032F
11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.5. 40000 A-scans/sec
11.3.4.5.1. By Value (USD Million) 2022-2032F
11.3.4.5.2. Market Share (%) 2022-2032F
11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.6. 70000 A-scans/sec
11.3.4.6.1. By Value (USD Million) 2022-2032F
11.3.4.6.2. Market Share (%) 2022-2032F
11.3.4.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.7. 80000 A-scans/sec
11.3.4.7.1. By Value (USD Million) 2022-2032F
11.3.4.7.2. Market Share (%) 2022-2032F
11.3.4.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.8. 100000 A-scans/sec
11.3.4.8.1. By Value (USD Million) 2022-2032F
11.3.4.8.2. Market Share (%) 2022-2032F
11.3.4.8.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.9. 250000 A-scans/sec
11.3.4.9.1. By Value (USD Million) 2022-2032F
11.3.4.9.2. Market Share (%) 2022-2032F
11.3.4.9.3. Y-o-Y Growth (%) 2022-2032F
12 North America Optical Coherence Tomography Market Size & Forecast 2022A-2032F
1.1. Overview
1.2. Key Findings
12.1. Market Segmentation
12.1.1. By Technology
12.1.2. By Type
12.1.3. By Application
12.1.4. By Scanning Speed
12.2. Country
12.2.1. United States
12.2.2. Canada
13 Europe Optical Coherence Tomography Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Technology
13.3.2. By Type
13.3.3. By Application
13.3.4. By Scanning Speed
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Optical Coherence Tomography Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Technology
14.3.2. By Type
14.3.3. By Application
14.3.4. By Scanning Speed
14.4. By Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Optical Coherence Tomography Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Technology
15.3.2. By Type
15.3.3. By Application
15.3.4. By Scanning Speed
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Optical Coherence Tomography Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
1.3. Market Segmentation
16.2.1. By Technology
16.2.2. By Type
16.2.3. By Application
16.2.4. By Scanning Speed
16.3. Country
16.3.1. Mexico
16.3.2. Brazil
16.3.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Carl Zeiss AG
18.2. Company Overview
18.2.1. Financial Overview
18.2.2. Key Product; Analysis
18.2.3. Company Assessment
1.3.1.1. Product Portfolio
1.3.1.2. Key Clients
1.3.1.3. Market Share
1.3.1.4. Recent News & Development (Last 3 Yrs.)
1.3.1.5. Executive Team
18.3. Heidelberg Engineering GmbH
18.4. Agfa Healthcare India Pvt. Ltd
18.5. Leica Microsystems
18.6. TOPCON CORPORATION
18.7. Michelson Diagnostics Ltd
18.8. Abbott
18.9. Agiltron Inc.
18.10. Insight.
18.11. Thorlabs Inc.
18.12. HAAG-STREIT GROUP
18.13. Miniprobes
18.14. OPTOPOL Technology Sp. z o.o
18.15. Shenzhen MOPTIM Imaging Technique Co., Ltd.
18.16. Canon Inc.
18.17. Novartis
18.18. Edmund Optics Inc
18.19. Other Prominent Players
19 Appendix
20 Consultant Recommendation
