The market of optical coherence tomography is increasing now a day due to its benefits such as cost reduction which is a very important concern in today’s healthcare in developed nations such as U.S., Germany, and U.K. among others. The growth of this market is owing to its benefits such as diagnosis and treatment of skin cancers of the eyelid, ocular surface lesions, iris and ciliary body tumors, lymphoma and others. These technological superiority and cost efficiency is the main factor driving the optical coherence tomography market in the forecast period 2017 to 2024.
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Some of the major players operating in this market are
- Bausch & Lomb Incorporated,
- Johnson & Johnson,
- Roche Pharmaceutical,
- Essilor International S.A.,
- Imalux Corporation,
- Axsun Technologies (U.S),
- Topcon Medical Systems Inc.,
- Avinger, Agfa Healthcare,
- Carl Zeiss Meditec AG,
- Heidelberg Engineering GmbH,
- Michelson Diagnostics,
- Novacam Technologies Inc.,
- OPTOPOL Technology,
- CooperVision AG,
- Abbott Medical Optics, Inc.,
- Alcon, Inc.,
- Canon Inc.,
- HAAG-Streit Group,
- Hoya Corporation,
- NIDEK CO., LTD.
Global Optical Coherence Tomography Market is expected to reach USD 2.4 billion by 2024 from USD 1.1 billion in 2016, at a CAGR of 11.7% in the forecast period 2017 to 2024.
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The global optical coherence tomography market is segmented on the basis of type, technology, application, end-user and geography.
On the basis of type the optical coherence tomography market is segmented into catheter based OCT devices, doppler OCT devices, handheld OCT devices and tabletop OCT devices).
On the basis of technology the optical coherence tomography market is segmented into time domain OCT, frequency domain OCT and spatial encoded frequency domain which is further sub segmented into fourier domain OCT and spectral domain OCT. On the basis of application, the market is segmented into age-related macular degeneration, central serous retinopathy, diabetic retinopathy, macular edema, macular hole, macular pucker, vitreomacular traction, pre-retinal membranes, others.
The market is also segmented on the basis of end users into hospitals, research laboratories and others.
Based on geography, the market is segmented into five geographical regions, North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
The global optical coherence tomography market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. For, instance,in January 2015, Bausch + Lomb, received 510(k) clearance from the U.S. FDA for an advanced Swept Source OCT (Optical Coherence Tomography) imaging system and updated software for its VICTUS Femtosecond Laser Platform which will provide surgeons with a new, redesigned interface.
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