According to IndustryARC, the Global Optical ImagingMarket is estimated to be growing at a CAGR 11.3% from 2014 to 2020 to reach
revenue of $1.9 Billion in 2020.
It is noted that the market is presently owned by OCT
technology which was accounted to be around $1.2 Billion in 2013. Carl Zeiss
and St. Jude Medical are the pioneers of this technology and almost every set
up comes with OCT technology. HSI, NIRS and PAT are emerging technologies in
the optical imaging market with a few other players in the market.
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Market
Trends & Growth:
Increasing enhancement for the quality of healthcare
services delivered in both developing and developed economies across the globe
has been driving the demand for Optical
Imaging Systems in hospitals and clinics.
The primary reasons driving the Optical Imaging Market are
technological advancements, growing demand for noninvasive and safer diagnostic
modalities, changing demographics of the medical technology sector, and the
increasing use of optical imaging technology in translational research and therapeutic
and diagnostic applications.
Optical Coherence Tomography (OCT), Photo-Acoustic
Tomography (PAT), Hyper Spectral Imaging (HSI) and Near-Infrared Spectroscopy
(NIRS) are technologies are expected to drive the Global Optical Imaging Market for the coming five years.
However, the high cost and data requirements, stringent
government regulations, and the lack of skilled operators are restraining the
growth of this market to a certain extent.
Table
of contents and insights:
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REPORT
SCOPE: Market Segmentation:
Optical
Imaging Market is segmented into simple 3 types based on
the following factors:
- By Products: Oct Systems, Hyper Spectral Domain Oct and Photo Acoustic Tomography.
- By End User: Hospitals, Clinics and Research Institutes.
- By Geography: Americas, Europe, APAC and ROW.
Key
Players:
The top 5 notable strongest players of the market
accounted to up to more than 75% of the total market share. Few competitors
mentioned in this market report by IndustryARC:
- Lighthouse Imaging Llc
- Carl Zeiss Meditec Ag
- Optos
- Michelson Diagnostics Ltd
- Headwall Photonics
- Canon, Inc.
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