Global Optical Coherence Tomography Market Analysis & Trends - Industry Forecast to 2025
The Global Optical Coherence Tomography Market is poised to grow at a CAGR of around 10.7% over the next decade to reach approximately $2.2 billion by 2025. Some of the prominent trends that the market is witnessing include increase in ocular diseases cases, increase in application of optical coherence tomography (OCT) in cardiology, dermatology, oncology & other diseases and recent technological developments in diagnostics. By Device type, the market is segmented into handheld OCT devices, catheter based OCT devices, tabletop OCT devices and doppler OCT devices. On the basis of Application, the market is categorized into Ophthalmology, Dermatology, oncology, Cardiovascular, Dentistry and Cancer detection. Based on Technology, the market is divided into frequency domain optical coherence tomography (FD-OCT), spatially encoded frequency domain optical coherence tomography and time domain optical coherence tomography (TDOCT). The Spatially Encoded Frequency Domain Optical Coherence Tomography segment is further divided into spectral domain optical coherence tomography (SDOCT) and fourier domain optical coherence tomography (FDOCT).
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.