Optical  Imaging  Market: By Technology, Hyperspectral Imaging, Near Infrared Spectroscopy and Others), By Application, By End User and Region Forecast 2019-2030

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Optical  Imaging  Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Photoacoustic Imaging, Optical Coherence Tomography (OCT), Hyperspectral Imaging, Near Infrared Spectroscopy and Others), By Application (Dermatology, Ophthalmology, Dentistry, Neurology, Cardiology, Oncology and Others), By End User (Hospitals, Research Laboratories, Medical Imaging Centres and Others) and Region Forecast 2019-2030

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Optical Imaging Market size was valued at US$ 3.8 billion by 2023 and is poised to grow at a CAGR of 15% from 2024 to 2030. Optical Imaging refers to the use of light as an imaging technique for medical applications. These optical techniques include optical microscopy, spectroscopy, endoscopy, scanning laser ophthalmoscopy, and optical coherence tomography. Optical imaging is an emerging technology with great potential for improving disease prevention, diagnosis, and treatment. The global market is expected to grow at significant rates owing to the growing number of cancer cases and the advantages of optical imaging techniques over the other imaging techniques such as less radiation, and outpatient and physician safety.

Companies operating in the global market are focusing on strengthening their technologies and product portfolio by adapting the strategies such as mergers and acquisitions. The expense of developing imaging systems is exceedingly high. To develop new products that effectively adapt to changing market needs, manufacturers must make large investments (in terms of R&D cost). Furthermore, regulatory approval processes, such as those used by the FDA, are exceedingly strict and time-consuming, causing delays in the launch of innovative technologies.

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Optical Imaging Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

15%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Optical Imaging Market Dynamics

Global Optical imaging market is mainly driven by the rise in demand for the radiation free imaging techniques and technological advancements in optical imaging led to produce in depth images of the body tissues. Furthermore, growing prevalence of the ophthalmic and neurological disorders coupled with the application of optical imaging in drug development expected to boost the global market during the forecast period. However, high installation and maintenance costs, lack of skilled professionals and stringent regulatory policies are expected to hamper the global market over the forecast period.

Optical Imaging Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 3.8 billion

Market CAGR

15%

By Technology

  • Photoacoustic Imaging
  • Optical Coherence Tomography (OCT)
  • Hyperspectral Imaging
  • Near Infrared Spectroscopy
  • Others

By Application

  • Dermatology
  • Ophthalmology
  • Dentistry
  • Neurology
  • Cardiology
  • Oncology
  • Others

By End User

  • Hospitals
  • Research Laboratories
  • Medical Imaging Centres
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The optical imaging market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and 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 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 the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis

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Frequently Asked Questions

The optical imaging market size was valued at US$ 3.8 billion in 2023 and is set to grow at a significant CAGR of 15% from 2024-2030.

Carl Zeiss, Bioptigen, SpectraScience, Cytoviva, Optical Imaging Ltd, Michelson Diagnostics Ltd

North America is the fastest-growing region in the market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Optical Imaging Market Introduction 
2.1.Global Optical Imaging Market  - Taxonomy
2.2.Global Optical Imaging Market  - Definitions
2.2.1.Technology
2.2.2.Application
2.2.3.End User
2.2.4.Region
3. Global Optical Imaging Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Optical Imaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Optical Imaging Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Photoacoustic Imaging
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Optical Coherence Tomography (OCT)
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Hyperspectral Imaging
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Near Infrared Spectroscopy
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6. Global Optical Imaging Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dermatology
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Ophthalmology
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Dentistry
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Neurology
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Cardiology
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Oncology
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Others
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
7. Global Optical Imaging Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Research Laboratories
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Medical Imaging Centres
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Optical Imaging Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Optical Imaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Photoacoustic Imaging
9.1.2.Optical Coherence Tomography (OCT)
9.1.3.Hyperspectral Imaging
9.1.4.Near Infrared Spectroscopy
9.1.5.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Dermatology
9.2.2.Ophthalmology
9.2.3.Dentistry
9.2.4.Neurology
9.2.5.Cardiology
9.2.6.Oncology
9.2.7.Others
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Research Laboratories
9.3.3.Medical Imaging Centres
9.3.4.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Optical Imaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Photoacoustic Imaging
10.1.2.Optical Coherence Tomography (OCT)
10.1.3.Hyperspectral Imaging
10.1.4.Near Infrared Spectroscopy
10.1.5.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dermatology
10.2.2.Ophthalmology
10.2.3.Dentistry
10.2.4.Neurology
10.2.5.Cardiology
10.2.6.Oncology
10.2.7.Others
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Research Laboratories
10.3.3.Medical Imaging Centres
10.3.4.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
10.4.7.
11. Asia Pacific (APAC) Optical Imaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Photoacoustic Imaging
11.1.2.Optical Coherence Tomography (OCT)
11.1.3.Hyperspectral Imaging
11.1.4.Near Infrared Spectroscopy
11.1.5.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dermatology
11.2.2.Ophthalmology
11.2.3.Dentistry
11.2.4.Neurology
11.2.5.Cardiology
11.2.6.Oncology
11.2.7.Others
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Research Laboratories
11.3.3.Medical Imaging Centres
11.3.4.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Optical Imaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Photoacoustic Imaging
12.1.2.Optical Coherence Tomography (OCT)
12.1.3.Hyperspectral Imaging
12.1.4.Near Infrared Spectroscopy
12.1.5.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dermatology
12.2.2.Ophthalmology
12.2.3.Dentistry
12.2.4.Neurology
12.2.5.Cardiology
12.2.6.Oncology
12.2.7.Others
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Research Laboratories
12.3.3.Medical Imaging Centres
12.3.4.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Optical Imaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Photoacoustic Imaging
13.1.2.Optical Coherence Tomography (OCT)
13.1.3.Hyperspectral Imaging
13.1.4.Near Infrared Spectroscopy
13.1.5.Others
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Dermatology
13.2.2.Ophthalmology
13.2.3.Dentistry
13.2.4.Neurology
13.2.5.Cardiology
13.2.6.Oncology
13.2.7.Others
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Research Laboratories
13.3.3.Medical Imaging Centres
13.3.4.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Carl Zeiss AG (Germany)
14.2.2.Bioptigen Inc. (U.S.)
14.2.3.SpectraScience Inc. (U.S.)
14.2.4.Cytoviva Inc. (Aetos Technologies Inc.) (U.S.)
14.2.5.Optical Imaging Ltd. (Israel)
14.2.6.Michelson Diagnostics Ltd. (U.K.)
14.2.7.PerkinElmer Inc. (U.S.)
14.2.8.Nikon Corporation (Japan)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Carl Zeiss AG (Germany)
  • Bioptigen Inc. (U.S.)
  • SpectraScience Inc. (U.S.)
  • Cytoviva Inc. (Aetos Technologies Inc.) (U.S.)
  • Optical Imaging Ltd. (Israel)
  • Michelson Diagnostics Ltd. (U.K.)
  • PerkinElmer Inc. (U.S.)
  • Nikon Corporation (Japan)
  • Raytheon ELCAN Optical Technologies (The Raytheon Company) (U.S.)
  • Jude Medical Inc. (U.S.)
  • Somanetics Corporation (U.S.)
  • Volcano Corporation (Volcano Corporation) (Netherlands)
  • Topcon Medical Systems Inc. (Topcon Corporation) (Japan)

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