OCT Market Growth & Forecast | Optical Coherence Tomography
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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