Market Overview:
The global optical coherence tomography for ophthalmology 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 eye diseases, rising demand for early diagnosis and treatment of eye diseases, and technological advancements in optical coherence tomography devices. Based on type, the global optical coherence tomography for ophthalmology market is segmented into semi-automatic and fully automatic devices. The semi-automatic segment is expected to account for a larger share of the market than the fully automatic segment during the forecast period. This can be attributed to their lower cost as compared to fully automatic devices and their growing popularity among small clinics and hospitals. Based on application, the global optical coherence tomography for ophthalmology market is divided into hospitals, research centers, and other applications such as diagnostics laboratories and individual physicians’ offices. The hospitals segment is expected to account for a larger share of the market than other segments during the forecast period owing to increasing demand from patients with eye diseases seeking advanced diagnostic services.
Product Definition:
Optical coherence tomography (OCT) is a medical imaging technique that uses low-power light waves to create three-dimensional images of the inside of the eye. OCT is used to examine the retina, optic nerve, and other structures within the eye. OCT can be used to detect early signs of disease and monitor response to treatment.
Semi Automatic:
Semi-automatic Ophthalmic Coherence Tomography (OCT) devices are used for diagnostic and therapeutic purposes. The primary factor that differentiates a semi-automatic device from a fully automatic one is the latter’s reliance on computer control over the former’s manual operation.
The advent of high speed cameras has led to significant advancements in OCT technology, most notably in its application to ophthalmology.
Fully Automatic:
Fully automatic is a type of ophthalmic diagnostic device that performs the complete set of steps from focusing on the patient to taking the image. Fully automatic devices are used for routine ophthalmic examinations such as visual acuity tests, refractive error analysis, and glaucoma screening. The major advantage associated with this technology is that it helps in performing multiple tests without any human intervention which makes it an ideal option for clinics and hospitals where there are limited or no trained professionals available.
Application Insights:
Based on application, the market is segmented into hospitals, research centers and other. The hospitals segment dominated the overall market in terms of revenue in 2017. Fully automatic systems are more expensive than semi automatic ones but they provide better quality images as well as faster scanning time. These systems are preferred by ophthalmology departments of major hospitals due to their efficiency and ease of use even though some researchers claim that fully automatic devices may lead to higher costs compared with semi-automatic ones over the long term since these devices require frequent maintenance visits which will eventually increase healthcare expenditure (Kumar et al., 2016).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of advanced technologies. Moreover, increasing prevalence of glaucoma and other ophthalmic diseases is expected to drive the regional demand for OCT devices.
Growth Factors:
- Increasing prevalence of eye diseases and disorders: The global prevalence of blindness is estimated to be around 7.5 million, out of which 5 million are cases of avoidable blindness. Of the total number of people who are visually impaired, 80% live in developing countries. The increasing prevalence of various eye diseases and disorders is expected to drive the demand for OCT for ophthalmology over the forecast period.
- Technological advancements: OCT technology has undergone rapid technological advancements in recent years, with new and improved systems being launched regularly. This has resulted in increased accuracy and efficiency, making it a preferred choice among ophthalmologists worldwide. Such technological advancements are expected to propel the growth of the market over the forecast period.
- owing to improvements in healthcare facilities and lifestyle changes across regions worldwide . This growing population segment is more susceptible to age-related vision problems such as cataract etc., thereby driving demand for OCT devices for diagnosis & treatment purposes . 5 Growing popularity of refractive surgery procedures: Refractive surgery procedures have gained
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Coherence Tomography for Ophthalmology Market Research Report
By Type
Semi Automatic, Fully Automatic
By Application
Hospitals, Research Center, Other
By Companies
Heidelberg Engineering, Carl Zeiss Meditec, Optovue, TOPCON, TOMEY, NIDEK, Optovue, OPTOPOL Technology, Optos, BaySpec, MOPTIM
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Optical Coherence Tomography for Ophthalmology Market Report Segments:
The global Optical Coherence Tomography for Ophthalmology market is segmented on the basis of:
Types
Semi Automatic, Fully Automatic
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
Hospitals, Research Center, 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:
- Heidelberg Engineering
- Carl Zeiss Meditec
- Optovue
- TOPCON
- TOMEY
- NIDEK
- Optovue
- OPTOPOL Technology
- Optos
- BaySpec
- MOPTIM
Highlights of The Optical Coherence Tomography for Ophthalmology 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:
- Semi Automatic
- Fully Automatic
- By Application:
- Hospitals
- Research Center
- 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 Optical Coherence Tomography for Ophthalmology 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.
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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 technique that uses light to create detailed images of the inside of the eye. OCT can be used to diagnose and treat various conditions affecting the eyes, including macular degeneration, glaucoma, and cataracts.
Some of the key players operating in the optical coherence tomography for ophthalmology market are Heidelberg Engineering, Carl Zeiss Meditec, Optovue, TOPCON, TOMEY, NIDEK, Optovue, OPTOPOL Technology, Optos, BaySpec, MOPTIM.
The optical coherence tomography for ophthalmology market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Coherence Tomography for Ophthalmology 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 Ophthalmology 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 Ophthalmology Market Size & Forecast, 2018-2028
4.5.1 Optical Coherence Tomography for Ophthalmology Market Size and Y-o-Y Growth
4.5.2 Optical Coherence Tomography for Ophthalmology Market Absolute $ Opportunity
Chapter 5 Global Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
5.2.1 Semi Automatic
5.2.2 Fully Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Research Center
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Coherence Tomography for Ophthalmology 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 Ophthalmology 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 Ophthalmology Analysis and Forecast
9.1 Introduction
9.2 North America Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
9.6.1 Semi Automatic
9.6.2 Fully Automatic
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 Ophthalmology Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Research Center
9.10.3 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 Optical Coherence Tomography for Ophthalmology Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
10.6.1 Semi Automatic
10.6.2 Fully Automatic
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 Ophthalmology Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Research Center
10.10.3 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 Optical Coherence Tomography for Ophthalmology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
11.6.1 Semi Automatic
11.6.2 Fully Automatic
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 Ophthalmology Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Research Center
11.10.3 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 Optical Coherence Tomography for Ophthalmology Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
12.6.1 Semi Automatic
12.6.2 Fully Automatic
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 Ophthalmology Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Research Center
12.10.3 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) Optical Coherence Tomography for Ophthalmology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Coherence Tomography for Ophthalmology 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 Ophthalmology Market Size Forecast by Type
13.6.1 Semi Automatic
13.6.2 Fully Automatic
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 Ophthalmology Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Research Center
13.10.3 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 Optical Coherence Tomography for Ophthalmology Market: Competitive Dashboard
14.2 Global Optical Coherence Tomography for Ophthalmology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Heidelberg Engineering
14.3.2 Carl Zeiss Meditec
14.3.3 Optovue
14.3.4 TOPCON
14.3.5 TOMEY
14.3.6 NIDEK
14.3.7 Optovue
14.3.8 OPTOPOL Technology
14.3.9 Optos
14.3.10 BaySpec
14.3.11 MOPTIM
