Market Overview:
Global Optical Coherence Tomography for Industrial Market is expected to grow at a CAGR of XX% and is projected to reach USD XX million by 2030. The market growth is driven by the increasing demand for 3D-OCT in various applications such as materials and textiles, aviation and automotive, display technology, laser material processing, NDT, and others. However, the high cost of 3D-OCT systems may restrain the market growth during the forecast period. The global optical coherence tomography (OCT) for industrial market can be segmented on the basis of type into 2D-OCT and 3D-OCT. The 2D-OCT segment held a major share of the global OCT for industrial market in 2017 owing to its low cost as compared to 3D-OCT systems. However, with technological advancements in OCT technology, 3D-OCT systems are expected to gain traction during the forecast period. On the basis of application,the global OCT for industrial market can be divided into materials and textiles; aviationand automotive; display technology; laser material processing; NDT;and others including medical diagnosis & treatment,. Among these applications,,materials&textiles held a dominant share in 2017 due to rising demand from end users such as apparel manufacturers,,textile mills,,and other textile product manufacturers across different geographies.
Product Definition:
Optical coherence tomography (OCT) is a medical imaging technique that uses low-power light to image the internal structure of tissue. OCT is used to generate cross-sectional images of biological tissues, such as the eye. The development of OCT has been important for the diagnosis and treatment of various eye diseases.
2D-OCT:
2D-OCT is a noninvasive medical procedure that creates cross-sectional images of internal body structures. It is an emerging technology in the field of medical imaging and has been used to diagnose various diseases such as cancer, liver spots, skin lesions, etc. The technique also finds applications in biological research for studying molecular mechanisms and identifying genetic aberrations within the human genome.
The global 2D-OCT market size was valued at USD 3 million in 2015.
3D-OCT:
3D-OCT is a noninvasive medical technology that allows real-time viewing of tissue and organ structures. It also helps in the detection of diseases such as cancer, liver spots, tumors & vascular problems. 3D OCT can be used for various applications such as medical diagnosis (oncology), drug development (cardiovascular imaging), preclinical research studies, and clinical trials.
Application Insights:
The materials and textile application segment accounted for the largest share in 2015. The technology is widely used to analyze internal structures of materials including fibers, composites, and plastics. It also helps in visualizing the microstructure of textiles such as yarns, fabrics, and constructional components. The high-resolution imaging capability allows detailed analysis of structural properties along with mechanical & physical properties such as strength/weight ratio.
The display technology segment is expected to grow at a significant rate over the forecast period owing to its wide applications in various end-use industries including automotive/transportation electronics medical optics etcetera.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of OCT systems. The region is expected to maintain its dominance over the forecast period due to increasing R&D investments by companies for developing advanced products. Moreover, growing demand for high-quality medical imaging equipment is also expected to drive growth in this region.
Asia Pacific regional market captured a significant share in 2017 owing with rapid developments taking place across various industries such as display technology, aviation and automotive, laser material processing etc., which are using optical coherence tomography systems for inspection purposes. Countries such as China and Japan are leading contributors towards technological advancements within Asia Pacific regional market that's driving industry growth across this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries
- Growing prevalence of eye diseases and disorders
- Technological advancements in OCT technology
- Rising healthcare expenditure by governments and private players
- Growing awareness about the benefits of OCT among healthcare professionals and patients
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Coherence Tomography for Industrial Market Research Report
By Type
2D-OCT, 3D-OCT
By Application
Materials and Textiles, Aviation and Automotive, Display Technology, Laser Material Processing, NDT, Others
By Companies
Santec, BaySpec, Wasatch Photonics, Aquyre Biosciences, Arden Photonics, Aval Global Corporation, Axsun Technologies, Thorlabs, CareGlance Srl, Santec
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Optical Coherence Tomography for Industrial Market Report Segments:
The global Optical Coherence Tomography for Industrial market is segmented on the basis of:
Types
2D-OCT, 3D-OCT
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
Materials and Textiles, Aviation and Automotive, Display Technology, Laser Material Processing, NDT, Others
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:
- Santec
- BaySpec
- Wasatch Photonics
- Aquyre Biosciences
- Arden Photonics
- Aval Global Corporation
- Axsun Technologies
- Thorlabs
- CareGlance Srl
- Santec
Highlights of The Optical Coherence Tomography for Industrial 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:
- 2D-OCT
- 3D-OCT
- By Application:
- Materials and Textiles
- Aviation and Automotive
- Display Technology
- Laser Material Processing
- NDT
- Others
- 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 Optical Coherence Tomography for Industrial 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
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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?
Optical coherence tomography (OCT) is a medical imaging technology that uses light to create detailed images of internal organs and structures. OCT is used to diagnose and monitor diseases, assess injuries, and evaluate the effectiveness of treatments. It is also used in industrial applications such as quality control inspection, product development, material characterization, and manufacturing planning.
Some of the key players operating in the optical coherence tomography for industrial market are Santec, BaySpec, Wasatch Photonics, Aquyre Biosciences, Arden Photonics, Aval Global Corporation, Axsun Technologies, Thorlabs, CareGlance Srl, Santec.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size & Forecast, 2018-2028
4.5.1 Optical Coherence Tomography for Industrial Market Size and Y-o-Y Growth
4.5.2 Optical Coherence Tomography for Industrial Market Absolute $ Opportunity
Chapter 5 Global Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Type
5.2.1 2D-OCT
5.2.2 3D-OCT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Applications
6.2.1 Materials and Textiles
6.2.2 Aviation and Automotive
6.2.3 Display Technology
6.2.4 Laser Material Processing
6.2.5 NDT
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Analysis and Forecast
9.1 Introduction
9.2 North America Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Type
9.6.1 2D-OCT
9.6.2 3D-OCT
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 Optical Coherence Tomography for Industrial Market Size Forecast by Applications
9.10.1 Materials and Textiles
9.10.2 Aviation and Automotive
9.10.3 Display Technology
9.10.4 Laser Material Processing
9.10.5 NDT
9.10.6 Others
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 Optical Coherence Tomography for Industrial Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Type
10.6.1 2D-OCT
10.6.2 3D-OCT
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 Optical Coherence Tomography for Industrial Market Size Forecast by Applications
10.10.1 Materials and Textiles
10.10.2 Aviation and Automotive
10.10.3 Display Technology
10.10.4 Laser Material Processing
10.10.5 NDT
10.10.6 Others
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 Optical Coherence Tomography for Industrial Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Type
11.6.1 2D-OCT
11.6.2 3D-OCT
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 Optical Coherence Tomography for Industrial Market Size Forecast by Applications
11.10.1 Materials and Textiles
11.10.2 Aviation and Automotive
11.10.3 Display Technology
11.10.4 Laser Material Processing
11.10.5 NDT
11.10.6 Others
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 Optical Coherence Tomography for Industrial Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Coherence Tomography for Industrial 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 Optical Coherence Tomography for Industrial Market Size Forecast by Type
12.6.1 2D-OCT
12.6.2 3D-OCT
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 Optical Coherence Tomography for Industrial Market Size Forecast by Applications
12.10.1 Materials and Textiles
12.10.2 Aviation and Automotive
12.10.3 Display Technology
12.10.4 Laser Material Processing
12.10.5 NDT
12.10.6 Others
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) Optical Coherence Tomography for Industrial Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Coherence Tomography for Industrial 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) Optical Coherence Tomography for Industrial Market Size Forecast by Type
13.6.1 2D-OCT
13.6.2 3D-OCT
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) Optical Coherence Tomography for Industrial Market Size Forecast by Applications
13.10.1 Materials and Textiles
13.10.2 Aviation and Automotive
13.10.3 Display Technology
13.10.4 Laser Material Processing
13.10.5 NDT
13.10.6 Others
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 Optical Coherence Tomography for Industrial Market: Competitive Dashboard
14.2 Global Optical Coherence Tomography for Industrial Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Santec
14.3.2 BaySpec
14.3.3 Wasatch Photonics
14.3.4 Aquyre Biosciences
14.3.5 Arden Photonics
14.3.6 Aval Global Corporation
14.3.7 Axsun Technologies
14.3.8 Thorlabs
14.3.9 CareGlance Srl
14.3.10 Santec
