Optical Coherence Tomography Market 8.9% of CAGR with SD-OCT, Swept-Source OCT, Industry Highlight by Top Vendors Heidelberg Engineering GmbH, Optovue, Michelson Diagnostics, Thorlabs Inc. and Agfa He

Optical Coherence Tomography Market
The Global Optical Coherence Tomography Market is expected to grow at a CAGR of 8.9% during the forecast period 2017-2023. On the basis of the technology, Spectral-domain OCT (SD-OCT) is expected to command the largest market share of 60.1% over the review period.

Global Optical Coherence Tomography Market – Overview:

The global optical coherence tomography market is growing with a moderate pace; mainly due to increase in genetic and diabetes patient population. Also major players involve in research and development to provide better treatment options. In this regards, on Jan. 4, 2018, Blackbird Robotersysteme GmbH and participating in a research project with the Technical University of Munich’s Institute for Machine Tools and Industrial Management and multiple industrial partners to explore optical coherence tomography’s potential for remote laser welding in auto manufacturing.

Key Players for Optical Coherence Tomography Market:

Carl Zeiss Meditec AG (Germany), Heidelberg Engineering GmbH (Germany), Agfa Healthcare (Belgium), Imalux Corporation (U.S.), Michelson Diagnostics (U.K), Novacam Technologies Inc. (Canada) and OPTOPOL Technology S.A (Poland).

Global Optical Coherence Tomography Market Segmentation:

The Global Optical Coherence Tomography Market is segmented on the basis of technology, application, and type of devices. On the basis of the technology, the market is classified into spectral-domain OCT (SD-OCT), swept-source OCT and others.

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On the basis of the application, the market is segmented into cardiology, ophthalmology, dermatology, oncology and others. On the basis of the type of devices, the market is segmented into handheld OCT devices, tabletop OCT devices, catheter-based OCT devices, and others.

Global Optical coherence tomography Market – Regional Analysis:

The market of optical coherence tomography is growing rapidly in Asia Pacific region, owing to obesity population, stress, and unhealthy life balance. These are the factor which leads the diabetes to the growing base of patient population in this region. Most of the countries of this region have common lifestyle and economic conditions. Government of developing countries within this region are more focusing towards new technology and advance treatment option, thus more research and development programs are initiated for the development of better treatment. Countries such as India and China are more focused market for major market players owing to the huge patient population suffering with diabetes, increasing aging population, and growing purchasing power as compare to other countries in this region. Japan is a well-developed country and have well established healthcare system and technology, whereas developing countries are still focusing on better technology for the treatment, this gap between the developed and developing countries will present significant growth opportunities for the optical coherence tomography market players in the next few years.

The market for optical coherence tomography is much higher in the Americas, According to reports published by the Centers for Disease Control and Prevention, in 2015, around 100 million of the United States adult populations are living with diabetes. The report suggests that 30.3 million Americans that is 9.4% of the United States population have diabetes and around 84.1 million have prediabetes, this is the condition, that if not treated often leads to type 2 diabetes within five years. The government has more focus towards research and development for introducing the best optical coherence tomography treatment for their citizen. Also major players are belonging from this region that help them to lead the market around the world.

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Major TOC Global Optical Coherence Tomography Market Research Report- Forecast to 2023:



2.1 Assumptions & Limitations

2.1.1 Assumptions

2.1.2 Limitations


3.1 Primary Research Methodology

3.2 Secondary Research Methodology

3.3 Market Share Analysis

3.4 Trade Analysis

3.5 Market Pricing Approach


4.1 Introduction

4.2 Drivers

4.2.1 Increasing Prevalence Of Diabetic Retinopathy And Other Eye Diseases

4.2.2 Increasing Technological Advancements

TOC Continued…! 

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