Optical Coherence Tomography to Dominate the Global Optical Imaging Market till 2026
Increasing prevalence of neurological
and ophthalmological disorders across the globe is expected to drive the demand
for global optical imaging market in the forecast period.
According to TechSci Research report, “Global
Optical
Imaging Market By Technique (Optical Coherence Tomography (OCT),
Near-infrared spectroscopy (NIRS), Hyperspectral Imaging (HIS), Photoacoustic
Tomography (PAT)) By Product (Imaging System, Cameras, Lenses, Software,
Others) By Therapeutic Area (Ophthalmology, Oncology, Dermatology, Neurology,
Others) By Application (Pathological Imaging v/s Intraoperative Imaging) By
End-User (Hospitals & Clinics, Diagnostic Imaging Centres, Research
Laboratories, Others) By Company, By Region, Forecast & Opportunities, 2026”,
The global optical imaging market is expected to witness steady growth for the
upcoming five years. Optical imaging technology is an emerging technology which
finds application to improve the disease prevention, diagnosis, and treatment
in healthcare facilities. Optical imaging technology helps to differentiate
between the affected tissue and soft tissue which is paving the way to surge
the demand for optical imaging technology in medical diagnostic industry.
Optical imaging technology uses non-ionizing technology which uses minimal
amount of radiation thereby is preferred for treatment in which the use of
radiation is done for a large number of times.
The COVID-19 outbreak across the world which has
been declared as pandemic by World Health Organization has affected countries
adversely. Leading authorities around the world-imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. Leading authorities increased the
capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. Imaging and diagnostic
departments suffered a setback due to need of social distancing among the
health professionals and physicians. Non-essential imaging procedures were
postponed till further announcement in several countries.
However, availability of insufficient
reimbursement for optical imaging procedures and lack of skilled professionals
is expected to restrain the growth of the global optical imaging market.
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Global optical imaging market is segmented into technique,
product, therapeutic area, application, end-user, regional distribution, and
company. Based on therapeutic area, market can be further divided into ophthalmology,
oncology, dermatology, neurology, and others. The oncology segment is expected
to account for major market share for the forecast period, 2022-2026.
Increasing prevalence of cancer due to aging population, rising obese
population and other environmental factors is fueling the growth of this
segment. Optical imaging technology helps in providing real-time cancer
detection by using broad range of light ranging from visible to near-infrared
and is helpful in determining the best choice of therapy and to determine the
efficiency of the treatment. Based on technique, market can be fragmented into
optical coherence tomography (OCT), near-infrared spectroscopy (NIRS), hyperspectral
imaging (HIS), and photoacoustic tomography (PAT). The optical coherence
technology segment is expected to dominate the market for the next five years.
Wide application of optical coherence technology in oncology, dermatology,
cardiology, neurology, ophthalmology, among others is surging the growth of
optical technology market. Based on product, market can be divided into imaging
system, cameras, lenses, software, and others. The imaging system segment is
expected to hold significant share for the predicted period. Rise in adoption
of optical imaging technology in clinical research and medical diagnostic
procedure is driving the growth of this segment.
Abbott Laboratories Inc., Carl Zeiss Meditec AG, Koninklijke
Philips N.V., Topcon Corporation, Canon inc., PerkinElmer, Inc., Leica
Microsystems (Danaher corporation), Headwall Photonics, Inc., Optovue, Inc.,
Heidelberg Engineering, Inc. are the leading players operating in global optical
imaging market. Manufacturers are increasingly focusing on research and
development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several optical
imaging manufacturers are coming up with their technologically advanced
offerings.
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“Market
players are investing huge amount to carry out the research and development
activities to upgrade the existing infrastructure of optical imaging technology
such as to make devices capable of handling a large volume of samples by using
a broad range of wavelengths. Technologically advanced spectrometers scan the
object without the need for scanning process which is creating lucrative
opportunities to image the moving targets or changing imaging conditions with
ease and high efficiency. High resolution capability of optical technology and
its non-invasive nature is expected to propel the growth of the optical imaging
market until 2026”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Global
Optical Imaging Market By Technique (Optical Coherence Tomography (OCT),
Near-infrared spectroscopy (NIRS), Hyperspectral Imaging (HIS), Photoacoustic
Tomography (PAT)) By Product (Imaging System, Cameras, Lenses, Software,
Others) By Therapeutic Area (Ophthalmology, Oncology, Dermatology, Neurology,
Others) By Application (Pathological Imaging v/s Intraoperative Imaging) By
End-User (Hospitals & Clinics, Diagnostic Imaging Centres, Research
Laboratories, Others) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global optical
imaging market and provided statistics & information on market size, shares,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of global optical
imaging market.
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