Market Overview:
The global EOCT imaging system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of gastrointestinal disorders, technological advancements in EOCT imaging systems, and rising demand for minimally invasive procedures. EOCT imaging systems are used for the diagnosis and treatment of various diseases such as esophageal disease, gastrointestinal disorders, biliary and pancreatic diseases, and other diseases. These systems are available in two types: balloon optical probe-based EOCT imaging systems and balloon-less optical probe-based EOCT imaging systems. The former type is more commonly used owing to its advantages such as high image quality and low cost.
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Product Definition:
EOCT Imaging System (Endoscopic Optical Coherence Tomography) is a medical device that uses light to create images of the inside of the body. It is used to diagnose and treat diseases of the gastrointestinal tract.
Balloon Optical Probe:
The balloon optical probe is a device used to measure the depth of tissue penetration in an endoscopic procedure. It works by sending a bright light into the body and measuring the time it takes for this light to return. The faster the return, more likely is it that there will be penetration of tissues (and hence accurate diagnosis). This probe has replaced traditional methods such as tactile feel or electric probes because it provides more accuracy and precision during medical procedures.
Balloon-less Optical Probe:
The balloon-less optical probe is a device that allows real-time imaging of the internal structure through endoscopic procedures. It works without using any kind of optical fiber or illumination source, instead it uses high temporal and spatial coherence properties of light to perform its task.
Application Insights:
The gastrointestinal disorders segment dominated the global endoscopic optical coherence tomography (EOCT) imaging system market in terms of revenue in 2017. This is due to a high prevalence of diseases such as Crohn¢â‚¬â„¢s disease, ulcerative colitis, and celiac disease. For instance, according to the U.S National Library of Medicine National Institutes of Health, around 1 out of every 2 people in North America are estimated to be affected by some form of Inflammatory Bowel Disease (IBD). In addition, a significant increase has been observed in incidence rates for EOCT-guided biopsies for diagnosis purposes across various hospitals and clinics worldwide. These factors are anticipated to create growth opportunities during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of target diseases and presence of key players in this region. For instance, according to data published by National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), about 10-20% population above 50 years has suffered from some form of digestive system disorders. Esophageal diseases are also becoming a major health concern due to increased occurrence of cancer associated with Helicobacter pylori infection, which is one of the prime reasons for non-compliance with antibiotic treatment. This results in an increase in esophageal cancers as well as other digestive system cancers that can be treated using endoscopic optical coherence tomography imaging systems.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. EOCT Imaging System is ideally suited for use in minimally invasive surgeries as it offers high-resolution images of the surgical site with minimal invasiveness.
- Growing demand for image-guided surgery: Image-guided surgery involves the use of imaging technologies such as ultrasound, MRI, and CT scans to guide surgeons during procedures. This helps improve accuracy and safety while reducing surgical time and trauma inflicted on patients. EOCT Imaging System offers high-resolution images that are essential for image-guided surgery procedures.
- Rising prevalence of cancer: Cancer is one of the leading causes of death worldwide, accounting for 7 million deaths per year according to WHO estimates (2015). The incidence of cancer is rising rapidly due to factors such as aging population, changing lifestyles (smoking etc.), and environmental pollution etc., which has led to an increased demand for diagnostic tests and treatments including EOCT Imaging System .
Scope Of The Report
Report Attributes
Report Details
Report Title
EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Research Report
By Type
Balloon Optical Probe, Balloon-less Optical Probe
By Application
Esophageal Disease, Gastrointestinal Disorders, Biliary and Pancreatic Diseases, Other
By Companies
NinePoint Medical, Micro-Tech Endoscopy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Report Segments:
The global EOCT Imaging System (Endoscopic Optical Coherence Tomography) market is segmented on the basis of:
Types
Balloon Optical Probe, Balloon-less Optical Probe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Esophageal Disease, Gastrointestinal Disorders, Biliary and Pancreatic Diseases, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NinePoint Medical
- Micro-Tech Endoscopy
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Highlights of The EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Balloon Optical Probe
- Balloon-less Optical Probe
- By Application:
- Esophageal Disease
- Gastrointestinal Disorders
- Biliary and Pancreatic Diseases
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EOCT is an endoscopic imaging system that uses light to create a three-dimensional image of the inside of the body. EOCT can be used to diagnose and treat various medical conditions, including gastrointestinal disorders, liver diseases, and cancers.
Some of the major players in the eoct imaging system (endoscopic optical coherence tomography) market are NinePoint Medical, Micro-Tech Endoscopy.
The eoct imaging system (endoscopic optical coherence tomography) market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size & Forecast, 2018-2028
4.5.1 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size and Y-o-Y Growth
4.5.2 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Absolute $ Opportunity
Chapter 5 Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
5.2.1 Balloon Optical Probe
5.2.2 Balloon-less Optical Probe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
6.2.1 Esophageal Disease
6.2.2 Gastrointestinal Disorders
6.2.3 Biliary and Pancreatic Diseases
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Analysis and Forecast
9.1 Introduction
9.2 North America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
9.6.1 Balloon Optical Probe
9.6.2 Balloon-less Optical Probe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
9.10.1 Esophageal Disease
9.10.2 Gastrointestinal Disorders
9.10.3 Biliary and Pancreatic Diseases
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe EOCT Imaging System (Endoscopic Optical Coherence Tomography) Analysis and Forecast
10.1 Introduction
10.2 Europe EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
10.6.1 Balloon Optical Probe
10.6.2 Balloon-less Optical Probe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
10.10.1 Esophageal Disease
10.10.2 Gastrointestinal Disorders
10.10.3 Biliary and Pancreatic Diseases
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific EOCT Imaging System (Endoscopic Optical Coherence Tomography) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
11.6.1 Balloon Optical Probe
11.6.2 Balloon-less Optical Probe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
11.10.1 Esophageal Disease
11.10.2 Gastrointestinal Disorders
11.10.3 Biliary and Pancreatic Diseases
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Analysis and Forecast
12.1 Introduction
12.2 Latin America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
12.6.1 Balloon Optical Probe
12.6.2 Balloon-less Optical Probe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
12.10.1 Esophageal Disease
12.10.2 Gastrointestinal Disorders
12.10.3 Biliary and Pancreatic Diseases
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) EOCT Imaging System (Endoscopic Optical Coherence Tomography) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Type
13.6.1 Balloon Optical Probe
13.6.2 Balloon-less Optical Probe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market Size Forecast by Applications
13.10.1 Esophageal Disease
13.10.2 Gastrointestinal Disorders
13.10.3 Biliary and Pancreatic Diseases
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market: Competitive Dashboard
14.2 Global EOCT Imaging System (Endoscopic Optical Coherence Tomography) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NinePoint Medical
14.3.2 Micro-Tech Endoscopy
