Optical Coherence Tomography market research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Thus, the data presented is comprehensive, reliable, and the result of extensive research. Industry experts project Optical Coherence Tomography market to grow at a CAGR of 8.16% during the period 2017-2021.
OCT can help to identify diseases such as diabetic retinopathy and glaucoma at the granular level by providing the images of the retina in layers, which can help physicians identify the disease and form a treatment plan.
Firstly, the Optical Coherence Tomography market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Optical Coherence Tomography market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. What’s more, the Optical Coherence Tomography industry development trends and growth patterns are analyzed.
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Optical Coherence Tomography market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Optical Coherence Tomography industry. To determine the Optical Coherence Tomography market size the report considers the revenue generated from the sales of OCT. Further the Optical Coherence Tomography market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in Optical Coherence Tomography market space like Heidelberg Engineering, Carl Zeiss, TOPCON, Leica Microsystems, Agfa HealthCare and many more.
Optical Coherence Tomography Market Drivers, Challenges and Trends: –
Optical Coherence Tomography Market Driver: – the growing acquisition of small hospitals has helped increase wound care, which has indirectly impacted the growth of the peripheral vascular diagnostic market positively. Tier-1 hospitals acquire small specialized hospitals, which helps to train the healthcare staffs, including the physicians and nurses. As small hospitals get acquired by larger ones, it helps meet patient needs by providing a range of patient monitoring equipment. Owing to the brand name of large hospitals, many people opt to receive healthcare services from them, which increases the need of patient monitoring equipment. Hence, to provide better care at lesser time, these hospitals purchase more equipment in bulk.
Optical Coherence Tomography Market Challenge: – optical imaging systems are low-cost instruments, but the investment involved in laboratories setup and additional renovation cost of medical facilities acts as a constraint for market growth. Countries such as Mexico and South Africa where hospital infrastructure is in the developmental stage require huge investment to setup imaging modalities. The healthcare sector is now focusing on integrated operating rooms, which also referred as hybrid operating rooms, for efficient diagnosis process. The average cost of setting up hybrid operating rooms with optical imaging and other medical imaging systems is about $3-5 million. The setting up of optical imaging systems is not enough for medical facilities as the healthcare sector is undergoing a transition. These optical imaging systems find huge application in the cancer screening process. Investments in cancer hospitals and screening centers are higher owing to the sensitivity of the procedure and the installation cost of medical imaging.
Optical Coherence Tomography Market trend: – For people suffering from retinopathy, there can be damage in blood vessels in the retina. Owing to the blocked blood vessels or hemorrhage, people can suffer from distorted vision. Doppler OCT, which is under development, can help develop cross-sectional images of the retina and evaluate and highlight the vessels where the flow is present and find out the abnormality (blocked or leaked blood vessel). It can also help differentiate between age-related macular degeneration, central serous chorioretinopathy, and polypoidal choroidal vasculopathy. At present, Thorlabs is developing a 3-D Doppler OCT, which is under development. Doppler OCT will open new frontier in diagnosis, which will boost the market growth
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Market segmentation by product:- Conventional OCT systems, Hand-held integrated OCT systems; Market segmentation by application, Ophthalmology, Dermatology, Dentistry, Cardiology; Market segmentation by end-users, Hospitals and clinics, ASCs, Physicians’ offices ; Geographic Segmentation: – Americas, APAC, EMEA
This Optical Coherence Tomography market research is result of
Qualitative analysis: – Market drivers, Market challenges, Market trends, Five forces analysis.
Quantitative analysis: – Market size and forecast, Market segmentation, Geographical insights, Competitive landscape.
Primary research: – Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.
Secondary research: – Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.
Data synthesis: – Collation of data, Estimation of key figures, Analysis of derived insights.
Data validation: – Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.