Optical Coherence Tomography (OCT) Market
Increasing geriatric population, technological advancement coupled with rising investment in research and development are some of the drivers responsible for the growth of Optical Coherence Tomography (OCT) Market.
Scope of Optical Coherence Tomography (OCT) Reports –
Optical coherence tomography (OCT) has evolved over the past decade as a non-invasive, topographic, bio-microscopic ocular imaging technology which generates a false-color representation of the tissue structures, based on the intensity of the returned light. Over the years, the clinical applications of OCT have dramatically improved in sensitivity and specificity. So, during the study of Global Optical Coherence Tomography (OCT) market, we have considered Optical Coherence Tomography (OCT) devices and consumables to analyze the market.
Global Optical Coherence Tomography (OCT) Market report is segmented on the basis of construction type, product type, application type, end user type and by regional & country level. Based on construction type global Optical Coherence Tomography (OCT) Market is classified as Time-domain OCT (TD-OCT), Fourier-domain OCT (FD-OCT) and others. Based upon Product type, global Optical Coherence Tomography (OCT) Market is classified as Tabletop and Handheld. Based upon Application type, global Optical Coherence Tomography (OCT) Market is classified as Ophthalmology, Cardiology, Gastroenterology, Urology, Dermatology, Dentistry and others. Based upon end users, global Optical Coherence Tomography (OCT) Market is classified as Hospitals, Diagnostic centers and Research centers and others.
The regions covered in this Optical Coherence Tomography (OCT)) Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Computed Tomography is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Optical Coherence Tomography (OCT) Market Reports–
Global Optical Coherence Tomography (OCT) market report covers prominent players like Carl Zeiss Meditec AG, Optovue, Michelson Diagnostics Ltd, Heidelberg Engineering GmbH, Topcon Medical Systems Inc., Novacam Technologies Inc., Agfa Healthcare, Thorlabs Inc., TomeyUSA, NIDEK Co. Ltd., OPTOPOL Technology, Optos, BaySpec Inc., MOPTIM and others.
Global Optical Coherence Tomography (OCT) Market Dynamics –
The commercialization and growth of global Optical Coherence Tomography (OCT) market over the past 25 years has been highly impactful. Advances in fiber optical communications, rising applications, multidisciplinary collaboration, dramatic increases in imaging speeds, growth in OCT-related publications (over 3000 publications per year) are major driving factors for Global Optical Coherence Tomography (OCT) Market. Moreover, government funding was critical for the success of Optical Coherence Tomography (OCT) as in the past decade over USD 500 million were invested in Optical Coherence Tomography (OCT) research around the world. However, high cost of clinical systems (up to USD 150,000) and lack of reimbursement facilities may affect the growth of Global Optical Coherence Tomography (OCT) Market. Nonetheless, untapped market and availability of low cost systems may generate new opportunities in forecast period.
Global Optical Coherence Tomography (OCT) Market Regional Analysis –
North America dominates the market with highest market share due to increasing geriatric population. According to United States Bureau, residents age 65 and over grew from 35.0 million in 2000, to 49.2 million in 2016, accounting for 12.4 percent and 15.2 percent of the total population, respectively. Also, presence of major key vendors along with growing research and development activities related to effective imaging diagnostic products are majorly responsible. Europe is second largest market for Optical Coherence Tomography (OCT) due to increased investment in research and development. According to European Union, investment worth USD 350 million was made under the EU28 program for Research and Development in healthcare in 2016. Asia Pacific Optical Coherence Tomography (OCT) Market is witnessed with strong growth rate due to large population size, establishment of manufacturing units and increased government initiatives for public health awareness. For instance, according to India Brand Equity Foundation (IBEF), Indian government has remarked investment of USD 5.4 billion for healthcare sector in the year 2016.
Key Benefits for Global Optical Coherence Tomography (OCT) Market Reports –
Global Optical Coherence Tomography (OCT) market report covers in depth historical and forecast analysis.
Global Optical Coherence Tomography (OCT) Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Optical Coherence Tomography (OCT) Market report helps to identify opportunities in market place.
Global Optical Coherence Tomography (OCT) Market report covers extensive analysis of emerging trends and competitive landscape.
Optical Coherence Tomography (OCT) Market Segmentation
By Construction Type
Time-domain OCT (TD-OCT)
Fourier-domain OCT (FD-OCT)
Others
By Product Type
Tabletop OCT devices
Handheld OCT device
By Application Type
Ophthalmology
Cardiology
Gastroenterology
Urology
Dermatology
Dentistry
Others
By End User
Hospitals
Diagnostic centers
Research Centers
Others
By Region
North America
U.S.
Mexico
Canada
Europe
UK
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
The Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
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