Optical Coherence Tomography Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Optical Coherence Tomography Market: By Product Type (Portable/Handheld, Table Top) By Application (Ophthalmic Diagnosis, Dermatology) By Technology (Spectral Domain OCT, Swept Source OCT) By End-User (Hospitals, Clinics, Others)  By Geography

 

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Report

Description

The Optical Coherence Tomography (OCT) Market was valued USD 735.3 mn in 2021 and poised to grow at significant CAGR 7.2% over 2022-2028 due to surge in the number of aging population, increase in prevalence of diabetic retinopathy, skin cancers, cardiovascular diseases, and rise in preference for the non-invasive or minimally invasive diagnostic procedures.  The report studies global optical coherence tomography market dynamics elaborately to identify the current market trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Optical Coherence Tomography (OCT) Market report includes patent landscape of top market players and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global optical coherence tomography market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global optical coherence tomography market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global optical coherence tomography usage or advocacy. OCT is the most frequently used imaging technique within the field and helps in diagnosis and monitoring of various diseases such as glaucoma, diabetic macular edema, and Neovascular Age-related Macular Degeneration (nvAMD). By reducing the number of anti-VEGF injections an nvAMD patient receives, these personalized treatment protocols cut costs in the healthcare system and reduce the treatment burden in patients and clinicians.

Optical Coherence Tomography Market

MARKET SUMMARY
-
7.2% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.2%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Optical Coherence Tomography Market

  • The global optical coherence tomography market report gives comprehensive outlook on optical coherence tomography across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on Global optical coherence tomography market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, technology, end-user, and region.
Market Key Players
  • Carl Zeiss Meditec AG. (Germany)
  • Leica Microsystems (Germany)
  • Optovue, Incorporate. (U.S.)
  • Heidelberg Engineering GmbH (Germany)
  • Topcon Corporation (Japan)
  • Tomophase, Inc.  (U.S.)
  • NIDEK CO., LTD. (Japan)
Optical Coherence Tomography Market Drivers

Increase in the geriatric population around the globe expected to fuel the market for Optical Coherence Tomography over the forecast period. As per the World Health Organization (WHO), more than 2 Bn of the global population will be over the age of 60 by the year 2050. Rise in geriatric population in developed nations like US, Japan, and EU-5 countries expected to drive the market sales of OCT devices in developed market over the forecast years. Moreover, increase in the preference for minimally invasive diagnostic procedures enables the growth of optical coherence tomography market over the forecast years.


North-America got significant share

Optical Coherence Tomography Market

North America accounted for larger revenue share in Optical Coherence Tomography (OCT) Market with moderate CAGR. Increase in the preference for non-invasive diagnostic procedures, rise in geriatric population, and increase in federal investments for the development of OCT devices. Asia Pacific market projected to exhibit significant growth owing to large pool of aging population with ophthalmic related disorders.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Segmentation

Optical Coherence Tomography Market


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

    1. Executive Summary
    2. Global Optical Coherence Tomography Market Introduction

    2.1.  Global Optical Coherence Tomography Market – Taxonomy

    2.2. Global Optical Coherence Tomography Market –Definitions

    2.2.1. Product

    2.2.2. Application

    2.2.3. Technology

    2.2.4. End-User

    1. Global Optical Coherence Tomography Market Dynamics

    3.1. Drivers

    3.2. Restraints

    3.3. Opportunities/Unmet Needs of the Market

    3.4. Trends

    3.5. Global Optical Coherence Tomography Market Dynamic Factors – Impact Analysis

    3.6. Global Optical Coherence Tomography Market –Trends

    3.7. Novel Applications of Optical Coherence Tomography

    1. Global Optical Coherence Tomography Market Analysis, 2012 – 2016 and Forecast, 2020 – 2026

    4.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

    4.3. Market Opportunity Analysis

    1. Global Optical Coherence Tomography Market, By Product, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    5.1. Portable Devices/ Hand Held

    5.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn

    5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    5.1.3. Market Opportunity Analysis

    5.2. Table Top Devices

    5.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    5.2.3. Market Opportunity Analysis

    1. Global Optical Coherence Tomography Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026

    6.1. Ophthalmology

    6.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    6.1.3. Market Opportunity Analysis

    6.2. Dermatology

    6.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    6.2.3. Market Opportunity Analysis

    6.3. Others

    6.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    6.3.3. Market Opportunity Analysis

    1. Global Optical Coherence Tomography Market Forecast, By Technology, 2015 – 2019 and Forecast, 2020 – 2026

    7.1. Spectral Domain OCT

    7.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    7.1.3. Market Opportunity Analysis

    7.2. Swept Source OCT

    7.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    7.2.3. Market Opportunity Analysis

    1. Global Optical Coherence Tomography Market Forecast, By End-User, 2015 – 2019 and Forecast, 2020 – 2026

    8.1. Hospitals

    8.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    8.1.3. Market Opportunity Analysis

    8.2. Clinics

    8.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    8.2.3. Market Opportunity Analysis

    8.3. Others

    8.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    8.3.3. Market Opportunity Analysis

    1. Global Optical Coherence Tomography Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.1. North America

    9.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    9.1.3. Market Opportunity Analysis

    9.2. Europe

    9.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    9.2.3. Market Opportunity Analysis

    9.3. Asia-Pacific

    9.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    9.3.3. Market Opportunity Analysis

    9.4. Latin America

    9.4.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    9.4.3. Market Opportunity Analysis

    9.5. Middle East and Africa

    9.5.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

    9.5.3. Market Opportunity Analysis

    9.6. Global Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By       Application,  By Technology, By End-User and Region, 2020 – 2026

    1. North America Optical Coherence Tomography Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    10.1. Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    10.1.1. Portable Devices

    10.1.2. Table Top Devices

    10.2. Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    10.2.1. Ophthalmology

    10.2.2. Dermatology

    10.2.3. Others

    10.3. Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    10.3.1. Spectral Domain OCT

    10.3.2. Swept Source OCT

    10.4. End-Use Analysis, 2012- 2016 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    10.4.1. Hospitals

    10.4.2. Clinics

    10.4.3. Others

    10.5. Country Analysis 2016 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

    10.5.1. U.S.

    10.5.2. Canada

    10.6. North America Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By Application, By Technology, By End-User and Country, 2020 – 2026

    10.7. North America Optical Coherence Tomography Market Dynamics – Trends

    1. Europe Optical Coherence Tomography Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    11.1. Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    11.1.1. Portable Devices

    11.1.2. Table Top Devices

    11.2. Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    11.2.1. Ophthalmology

    11.2.2. Dermatology

    11.2.3. Others

    11.3. Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    11.3.1. Spectral Domain OCT

    11.3.2. Swept Source OCT

    11.4. End-Use Analysis, 2012- 2016 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    11.4.1. Hospitals

    11.4.2. Clinics

    11.4.3. Others

    11.5. Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

    11.5.1. Germany

    11.5.2. UK

    11.5.3. France

    11.5.4. Spain

    11.5.5. Italy

    11.5.6. Russia

    11.5.7. Poland

    11.5.8. Rest of Europe

    11.6. Europe Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By Application, By Technology, By End-User and Country, 2020 – 2026

    11.7. Europe Optical Coherence Tomography Market Dynamics – Trends

    1. Asia-Pacific Optical Coherence Tomography Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    12.1. Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    12.1.1. Portable Devices

    12.1.2. Table Top Devices

    12.2. Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    12.2.1. Ophthalmology

    12.2.2. Dermatology

    12.2.3. Others

    12.3. Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    12.3.1. Spectral Domain OCT

    12.3.2. Swept Source OCT

    12.4. End-Use Analysis, 2012- 2016 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    12.4.1. Hospitals

    12.4.2. Clinics

    12.4.3. Others

    12.5. Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

    12.5.1. Japan

    12.5.2. China

    12.5.3. India

    12.5.4. Australia & New Zealand

    12.5.5. Rest of Asia-Pacific

    12.6. Asia-Pacific Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By Application, By Technology, By End-User and Country, 2020 – 2026

    12.7. Asia-Pacific Optical Coherence Tomography Market Dynamics – Trends

    1. Latin America Optical Coherence Tomography Market Analysis, 2012 – 2012 – 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    13.1. Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    13.1.1. Portable Devices

    13.1.2. Table Top Devices

    13.2. Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    13.2.1. Ophthalmology

    13.2.2. Dermatology

    13.2.3. Others

    13.3. Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    13.3.1. Spectral Domain OCT

    13.3.2. Swept Source OCT

    13.4. End-Use Analysis, 2012- 2016 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    13.4.1. Hospitals

    13.4.2. Clinics

    13.4.3. Others

    13.5. Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

    13.5.1. Brazil

    13.5.2. Mexico

    13.5.3. Argentina

    13.5.4. Rest of Latin America

    13.6. Latin America Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By Application, By Technology, By End-User and Country, 2020 – 2026

    13.7. Latin America Optical Coherence Tomography Market Dynamics – Trends

    1. Middle East and Africa Optical Coherence Tomography Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

    14.1. Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    14.1.1. Portable Devices

    14.1.2. Table Top Devices

    14.2. Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    14.2.1. Ophthalmology

    14.2.2. Dermatology

    14.2.3. Others

    14.3. Technology Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

    14.3.1. Spectral Domain OCT

    14.3.2. Swept Source OCT

    14.4. End-Use Analysis, 2012- 2016 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

    14.4.1. Hospitals

    14.4.2. Clinics

    14.4.3. Others

    14.5. Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

    14.5.1. Gulf Cooperation Council (GCC) Countries

    14.5.2. Israel

    14.5.3. South Africa

    14.5.4. Rest of MEA

    14.6. MEA Optical Coherence Tomography Market – Opportunity Analysis Index, By Product, By Application, By Technology, By End-User and Country, 2020 – 2026

    14.7. MEA Optical Coherence Tomography Market Dynamics – Trends

    1. Competition Landscape

    15.1. Strategic Dashboard of Top Market Players

    15.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key   Developments, Strategies, and SWOT Analysis)

    15.2.1. Carl Zeiss Meditec AG. (Germany)

    15.2.2. Leica Microsystems  (Germany)

    15.2.3. Optovue, Incorporate. (U.S.)

    15.2.4. Heidelberg Engineering GmbH (Germany)

    15.2.5. Topcon Corporation (Japan)

    15.2.6. Tomophase, Inc.  (U.S.)

    15.2.7. NIDEK CO., LTD. (Japan)

    15.2.8. Moptim Imaging Technique (China)

    15.2.9. Agfa-Gevaert Group (Belgium)

    1. Research Methodology
    2. Key Assumptions and Acronyms

Report

Company Profile

    • Carl Zeiss Meditec AG. (Germany)
    • Leica Microsystems (Germany)
    • Optovue, Incorporate. (U.S.)
    • Heidelberg Engineering GmbH (Germany)
    • Topcon Corporation (Japan)
    • Tomophase, Inc.  (U.S.)
    • NIDEK CO., LTD. (Japan)
    • Moptim Imaging Technique (China)
    • Agfa-Gevaert Group (Belgium)

Description

The Optical Coherence Tomography (OCT) Market was valued USD 735.3 mn in 2021 and poised to grow at significant CAGR 7.2% over 2022-2028 due to surge in the number of aging population, increase in prevalence of diabetic retinopathy, skin cancers, cardiovascular diseases, and rise in preference for the non-invasive or minimally invasive diagnostic procedures.  The report studies global optical coherence tomography market dynamics elaborately to identify the current market trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Optical Coherence Tomography (OCT) Market report includes patent landscape of top market players and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global optical coherence tomography market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global optical coherence tomography market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global optical coherence tomography usage or advocacy. OCT is the most frequently used imaging technique within the field and helps in diagnosis and monitoring of various diseases such as glaucoma, diabetic macular edema, and Neovascular Age-related Macular Degeneration (nvAMD). By reducing the number of anti-VEGF injections an nvAMD patient receives, these personalized treatment protocols cut costs in the healthcare system and reduce the treatment burden in patients and clinicians.

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