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OCT Market Growth & Forecast | Optical Coherence Tomography

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Optical Coherence Tomography Overview

The global Optical Coherence Tomography (OCT) market reached USD 1.5 billion in 2022 and is projected to grow to USD 2.8 billion by 2031, exhibiting a CAGR of 8.7% during the forecast period of 2024-2031

OCT is a non-invasive imaging technique that provides cross-sectional images of tissues in situ and in real-time, utilizing light to achieve micron-scale resolution. It is widely used in diagnosing a variety of eye disorders and other medical conditions where traditional imaging techniques fall short

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Optical Coherence Tomography Trends:

The growth of the Optical Coherence Tomography market is largely driven by the rising prevalence of ophthalmic disorders. Conditions such as glaucoma, diabetic retinopathy, and age-related macular degeneration (AMD) are on the rise, necessitating early detection and monitoring. For instance, diabetic retinopathy affects millions of individuals globally due to high blood sugar levels. The high prevalence of these disorders is expected to significantly boost the demand for OCT in the forecast period.

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Optical Coherence Tomography Segmentation

By Product Type: Handheld, Tabletop, Doppler Catheter Based, Others 

By Volume Scan: Annular, Raster, Radial, Others 

By Technology: Frequency Domain, Spatially Encoded Frequency Domain, Time Domain, Others 

By Application: Ophthalmology, Cardiology, Dermatology, Oncology, Others 

By End-User: Hospitals, Specialty Clinics, Others

Key Players in Optical Coherence Tomography Market

  • Thorlabs, Inc.
  • ZEISS
  • Topcon Corporation
  • Leica Microsystems 
  • NIDEK CO., LTD. 
  • Heidelberg Engineering Inc. 
  • Alcon Inc. 
  • Canon Medical Systems, USA. 
  • Visionix Ltd. 
  • Abbott Icare USA, Inc. 
  • OPTOPOL Technology Sp

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