The Global Optical Imaging market size reached USD 2.71 billion in 2022 and is expected to reach USD 3.70 billion by 2029 Optical Imaging, growing at a CAGR of 4.5% during the forecast period.
Optical Imaging Market Overview
The report also included an extensive, market-oriented, and commercial analysis of the Optical Imaging Market, utilizing a variety of research techniques. The analysis covered various aspects of the market, including region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The growth prospects and future business outlooks of new entrants and existing players in the Optical Imaging market were also researched.
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Optical Imaging Market Report Scope and Research Methodology
The research methodology employed in the report on the Optical Imaging market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Optical Imaging market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Optical Imaging market, which involves aggregating data from individual segments to arrive at a total market size estimate.
Optical Imaging Market Segmentation
The sector of the global optical imaging market that deals with intra-operative imaging is anticipated to grow at the quickest CAGR. Systems for intraoperative imaging support image-guided surgical procedures. Imaging is used in image-guided treatments to identify and target sick tissue as well as control and monitor surgical therapy. Craniotomies employ intraoperative imaging targeting techniques (skull-based stereotactic, tumour, vascular, seizure, Chiari). The demand for consistency and accuracy in medical procedures, growing labour costs, and increased funding and grants from governmental and commercial agencies for the research and development of intraoperative systems are some of the factors driving the growth of the intraoperative imaging market.
Due to the growing use of imaging systems across a wide variety of applications for the diagnosis of diseases, the imaging systems segment in the Global Optical Imaging Market is anticipated to develop at the highest CAGR. Interest in using optical imaging for medical imaging has been rekindled by the capability of this technology to traverse broad spatial imaging scales spanning from cells to organ systems. Multiple contrast mechanisms are available with optical imaging to discriminate between diseased and normal processes and tissues.
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Optical Imaging Market Key Players
• Bioptigen, Inc.(US)
• Medtronic(US)
• ChemImage Corporation(US)
• Somanetics Corporation(US)
• CytoViva, Inc.(US)
• VOLCANO CORPORATION(US)
• Topcon Medical Systems, Inc.(US)
• St. Jude Medical, Inc.(US)
• PerkinElmer, Inc.(US)
• Abbott, Bioptigen, Inc.(US)
• Headwall Photonics, Inc.(US)
• Headwall Photonics, Inc.(US)
• Optovue, Inc.(US)
• ChemImage Corporation(US)
• Cytoviva Inc.(US)
• ASE Optics, Inc.(Spain)
• Raytheon ELCAN Optical Technologies(Canada)
• Koninklijke Philips N.V.(Netherlands)
• Heidelberg Engineering, Inc.(Germany)
• Leica Microsystems(Germany)
• Carl Zeiss Meditec AG (Germany)
• Canon, Inc.(Japan)
• Santec Corporation(Japan)
• Agfa-Gevaert NV (Belgium)
• AGFA Healthcare(India)
Optical Imaging Market Regional Insights
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts
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Key questions answered in the Optical Imaging Market are:
- What is Optical Imaging?
- What are the factors driving the Optical Imaging Market growth?
- What are the factors are limiting the Optical Imaging Market growth?
- What was the Optical Imaging market size in 2021?
- Which trends are expected to generate additional revenue for the Optical Imaging market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Optical Imaging Market?
- What growth strategies are the players considering to increase their foothold in the Optical Imaging Market?
- Who held the largest market share in the Optical Imaging Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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According to the new market research report "Optical Imaging Market by Technique (OCT, NIRS, HSI, PAT) Product (Imaging System, Camera, Lens, Software) Therapeutic Area (Ophthalmology, Oncology, Dermatology), Application (Pathological, Intra-operative), End user (Research) - Global Forecast to 2026", published by MarketsandMarkets™, the global Optical Imaging Market is projected to reach USD 3.3 billion by 2026 from USD 1.6 billion in 2021, at a CAGR of 14.8% during the forecast period.Browse in-depth TOC on "Optical Imaging Market"193 – Tables44 – Figures232 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=894 Factors such as the rising aging population, increasing research & development activities in the life sciences sector, and increasing applications of optical imaging techniques in drug discovery processes and preclinical research are fueling the growth of this market.This study analyzes the Optical imaging market based on their product, application, therapeutic area, imaging technique, and end-user.OCT segment to have the largest share in 2020Based on technique, the optical imaging market is broadly categorized into optical coherence tomography (OCT), hyper spectral imaging (HIS), near-infrared spectroscopy (NIRS), and photoacoustic tomography (PAT).
The OCT technique commanded the largest share of the global market; this segment will continue to dominate the global market by 2026.
The large share of this market can be attributed to its wide acceptance for research and clinical diagnostics in ophthalmology, oncology, cardiology, dermatology, neurology, and other clinical areas.The imaging system segment accounted for the largest market share in 2020Based on products, the optical imaging market is divided into imaging systems, cameras, software, lenses, illumination systems, and others.
The large share of this segment is mainly attributed to its wide applications in ophthalmology and rising adoption in medical diagnostics & clinical research.Pathological Imaging was the largest application for the market in 2020Based on application, the optical imaging market is divided into pathological imaging and intra operative imaging.
The large share of this segment is mainly attributed to the high-resolution imaging capabilities of optical imaging technologies, its non-invasive nature, and the increasing use of optical imaging in clinical applications.Ophthalmology was the largest therapeutic area for the Optical imaging market in 2020Based on therapeutic area, the market is divided into ophthalmology, oncology, cardiology, neurology, dermatology, and others.
The large share of this segment is mainly attributed to the large application areas of optical imaging in ophthalmology.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=894 Some of the prominent players in this market are Carl Zeiss Meditec AG (Germany), Abbott Laboratories (US), Topcon Corporation (Japan), Canon Inc. (Japan), and Koninklijke Philips (Netherlands).About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues.
