Global Optical Imaging Market, By Technique (Optical Coherence Tomography, Near-Infrared Spectroscopy, Hyperspectral Imaging, Photoacoustic Tomography, Diffused Optical Tomography, Super Resolution Microscopy), Therapeutic Area (Ophthalmology, Oncology, Cardiology, Dermatology, Neurology, Dentistry, Others), Application (Pre-Clinical and Clinical Research, Pathological Imaging, Intra-Operative Imaging), End-User (Hospitals and Clinics, Research Laboratories, Pharmaceutical and Biotechnology Companies, Diagnostic Imaging Centers), Product (Imaging Systems, Cameras, Optical Imaging Software, Illumination Systems, Lenses, Other Optical Imaging Products), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Optical imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 12.10% in the above-mentioned forecast period. Rising prevalence of eye disorders as a result of the increasing geriatric population drives the optical imaging market.
Optical imaging is the type of method which is used to capture non-invasively images of the inner body components. Visible light and photons are used for the accurate picture of internal organs and tissues. It also requires pictures of cells and molecules from larger structures. These pictures are used for the diagnosis and therapy of illnesses by physicians and for the numerous study works by researchers as well.
Rising technological innovations to drive greater market penetration is the vital factor escalating the market growth, also widening application areas of optical imaging technologies, rising need to minimize the use of radiation technologies, rising demand to minimize the use of radiation technologies, rising affordable clinical trials, harmful effects of radiation-based imaging, rise in research and development activities in the life sciences sector, and rising application of optical imaging techniques in drug discovery processes and preclinical research are the major factors among others driving the optical imaging market. Moreover, rising expansion and market penetration growth in emerging economies and rising application of optical imaging in pharmaceutical and biotechnology research will further create new opportunities for optical imaging market in the forecasted period of 2021-2028.
However, strict policies of government, lack of skilled professionals and expensive imaging process are the major factors among others which will obstruct the market growth, while rising sustainability of small and medium-sized players, rising imposition of the medical device excise tax in the U.S. and increased cost and extensive data requirements for launching new technologies will further challenge the growth of optical imaging market in the forecast period mentioned above.
This Optical imaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on optical imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Optical Imaging Market Scope and Market Size
Optical imaging market is segmented on the basis of technique, therapeutic area, application, end-user and product. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of technique, optical imaging market is segmented into optical coherence tomography, near-infrared spectroscopy, hyperspectral imaging, photoacoustic tomography, diffused optical tomography and super resolution microscopy.
- Based on therapeutic area, the optical imaging market is segmented into ophthalmology, oncology, cardiology, dermatology, neurology, dentistry and others.
- Based on application, the optical imaging market is segmented into pre-clinical and clinical research, pathological imaging and intra-operative imaging.
- Based on end-user, the optical imaging market is segmented into Hospitals and clinics, research laboratories, pharmaceutical and biotechnology companies and diagnostic imaging centers.
- The optical imaging market is also segmented on the basis of product into imaging systems, cameras, optical imaging software, illumination systems, lenses and other optical imaging products. Cameras have been further segmented into optical imaging systems and spectral imaging systems.
Optical Imaging Market Country Level Analysis
Optical imaging market is analysed and market size insights and trends are provided by country, technique, therapeutic area, application, end-user and product as referenced above.
The countries covered in the optical imaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the optical imaging market due to rising well-developed research infrastructure, increasing availability of skilled professionals, and faster adoption rates of technically advanced devices in this region. Asia-Pacific is the expected region in terms of growth in optical imaging market due to less stringent regulatory guidelines, low research costs and increased government funding in respective countries in this region.
The country section of the optical imaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Optical imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for optical imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the optical imaging market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Optical Imaging Market Share Analysis
Optical imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to optical imaging market.
The major players covered in the optical imaging market report are Abbott, Carl Zeiss AG, Leica Microsystems, TOPCON CORPORATION, Canon Inc., Heidelberg Engineering GmbH, Headwall Photonics, Inc., Optovue, Incorporated, PerkinElmer Inc., Koninklijke Philips N.V., Agfa-Gevaert Group, Medtronic, Raytheon Company, ChemImage Corporation, CytoViva, Inc., Aseoptics, VOLCANO CORPORATION, Michelson Diagnostics Ltd., Optical Imaging Ltd., NIDEK CO., LTD among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Optical Imaging Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.