The Global Optical Coherence Tomography Market (OCT)
Size is anticipated to reach over USD 2,179.75 Million by 2026 according to a
new research published by Polaris Market Research. Optical Coherence Tomography
(OCT) methods are operative optical diagnostics techniques that cast a 2D as
well as the 3D outlook of the retina to help ophthalmological assessments and
treatments. The Optical Coherence Tomography (OCT) Market is basically
impelled by the differential need for these methods across several areas of life
science and healthcare. The OCT market has been emphasized by the advancement
in technologies, furthered by the increasing significance of medical
applications in the current scenario.
The range of Optical Coherence
Tomography is not limited to ophthalmology and has extended across other
medical application such as nephrology, dermatology, and oncology. This factor
has amplified the growth scenarios of the Optical Coherence Tomography (OCT)
which is anticipated to show intense growth in the forecast period. The
escalation of pathology has also become a devoted contributor to market growth
as OCT methods could be employed in the pensive study of micro-level diseases.
Furthermore, the non-intrusive nature of OCT has made this technique a prime
choice of the medical community for ophthalmic imaging.
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The Optical Coherence Tomography
(OCT) market has extended its area to the study of ailments such as
cardiovascular disruptions, diabetes, esophageal problems, non-melanoma skin
cancer, and prostate cancer. This is a significant standpoint for the market as
the increasing occurrence of such disorders would create a widespread demand
for OCT products. In addition, the emerging economies such as China, Japan, and
India have seen operational variations in their healthcare sector which is
making developing progress in that regions. This proliferates the demand for
OCT devices further propelling the market growth.
The global Optical Coherence
Tomography (OCT) Market is segmented on the basis of technology, type,
application, and geography. On the basis of technology, the global Optical
Coherence Tomography (OCT) Market is segmented into Time Domain Optical
Coherence Tomography (TDOCT), Frequency Domain Optical Coherence Tomography
(FD-OCT), and Spatially Encoded Frequency Domain Optical Coherence Tomography.
The Spatially Encoded Frequency Domain Optical Coherence Tomography is further
categorized into Spectral Domain Optical Coherence Tomography (SDOCT) and
Fourier Domain Optical Coherence Tomography (FDOCT).
On the basis of type, the global
Optical Coherence Tomography (OCT) Market is segmented into Catheter-based OCT
devices, Doppler OCT devices, Handheld OCT devices, and Tabletop OCT devices.
In 2017, the handheld type segment was estimated to dominate the market. The
dominance is attributed to the higher product penetration in developed regions
such as U.S., U.K., Germany, and Brazil.
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On the basis of application, the
global Optical Coherence Tomography (OCT) Market is segmented into
Ophthalmology, Cardiovascular, Oncology, Dermatology, and others. In 2017,
ophthalmology segment is estimated to dominate the market growth. Introduction of
higher performing devices with accurateness, improved performance, and easiness
of use coupled with the supplementing occurrences of choroidal and retinal
disorders is the vigorous impact rendering factor enhancing the market growth.
Some major key players in global
Optical Coherence Tomography (OCT) Market include Agfa Healthcare, Carl Zeiss
Meditec AG, Heidelberg Engineering GmbH, Imalux Corporation, Michelson
Diagnostics, Novacam Technologies Inc., OPTOPOL Technology S.A., Topcon Medical
Systems Inc. and Thorlabs Inc. among others.
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