LeapZipBlog: Steve blade's blog: OCT Market Likely to Reach USD 1.72 Billion by 2025

OCT Market Likely to Reach USD 1.72 Billion by 2025

August 19, 2019 by Steve blade  

According to Goldstein Research, Global Optical coherence tomography (OCT) market is expected to reach USD 1.72 billion by 2025, growing at a CAGR of 7.5% over the forecast period 2017-2025. The increasing prevalence of both diagnosed and undiagnosed diabetes is primarily driving the growth of the market. Moreover, the advent of smart OCT for Glaucoma and Retina is further extending the growth of the market. OCT market segmentation has been carried out on the basis of type, technology, application and end-user. Based on application, ophthalmology segment accounted for 46% market share, whereas the dermatology imaging is expected to grow at high CAGR of 7.85%. 

 For market research on Optical Coherence Tomography (OCT) Market, visit:

https://www.goldsteinresearch.com/report/optical-coherence-tomography-oct-market

Market Segmentation

On the basis of our in-depth analysis, Global OCT Market can be segmented as follows:

By Type

  • Handheld OCT devices
  • Catheter-based OCT devices
  • Tabletop OCT devices
  • Doppler OCT devices

By Technology

  • Frequency Domain OCT (FD-OCT)
  • Polarization-sensitive OCT
  • Spatial Encoded Frequency Domain
  • Time Domain OCT (TDOCT)
  • Others

By Application

  • Cardiovascular
  • Ophthalmology
  • Oncology
  • Others (Dermatology Imaging, etc)
  • By End User
  • Hospitals and clinics
  • ASCs
  • Physicians' offices

Based on Geography

  • North America (U.S. & Canada) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Share (%), Market Size (USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Share (%), Market Size (USD Billion)}

 Global OCT Market Outlook 2024” contains a detailed overview of the Global OCT market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asCarl Zeiss Meditec AG, Topcon Medical Systems Inc., Optovue, Michelson Diagnostics Ltd., Heidelberg Engineering GmbH, Novacam Technologies Inc., Agfa Healthcare, Imalux Corporation, OPTOPOL Technology S.A, Leica Microsystems, TOPCON, Agiltron, DermaLumics, Insight, Moptim, NinePoint Medical, Oztec, PhotoniCare, Santec, Terumo, Tomophase, Thorlabs, St. Jude Medical and Thorlabs Inc., etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Global OCT market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Get Market Report Sample: https://www.goldsteinresearch.com/request-sample/optical-coherence-tomography-oct-market

Key questions answered in this Global OCT Market Report

  • What is the Global OCT Market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the OCT market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to OCT industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

 

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on working on healthcare industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.