Overview:

The global optical imaging market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Optical imaging is a technology that used to view the internal body parts without any surgery or incision. This is also called as investigational imaging technique. This technique is uses special properties of photons and light to obtain images in detail. In addition, optical imaging technique is also used to interrogate molecular and cellular function of the plant tissue.

Market Dynamics:

Growing cancer diagnosis across the globe owing to increasing prevalence of cancer is a key factor driving growth of the global optical imaging market. According to World Health Organization (WHO), cancer is a second major cause of death across the globe. For instance, around 9.6 million individuals died due to cancer in the year 2018 globally.

In addition, growing incidence of breast cancer resulting in growth of breast imaging which is another key factor supporting growth of the target market. Also, growing application area of optical imaging to study the small animal body or models in the research laboratories is another factor supporting growth of the target market. Additionally, optical imaging is on development in the field of nanomaterial is another factor expected to drive growth of the global market in the near future.

Key Trends:

Growing focus on development of advanced product among researchers is a key trend witnessed in the global optical imaging market. For instance, in December 2020, the Delft University of Technology has announced development of deep-tissue optical imaging technique. This technique allows user to increase the visualization at four times deeper than the traditional optical imaging.

Regional Analysis:

For detailed understanding of market dynamics, the global optical imaging market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America holds major share in the global market. This is attributed to presence of leading players in countries in the region. In addition, growing incidence of cancer and other chronic diseases is another major factor resulting in growth of the North America optical imaging market.

However, the target market in Asia Pacific region is expected to witness highest growth over the forecast period, owing to increasing consumer base due to rising prevalence of various diseases in countries such as India and China.

Scope of the Report:

Detailed Segmentation:

Global Optical Imaging Market, By Technique:

• Optical Coherence Tomography
• Hyperspectral Imaging
• Near-infrared Spectroscopy
• Photoacoustic Tomography

Global Optical Imaging Market, By Product Type:

• Imaging Systems
• Software
• Cameras
• Lenses
• Illumination Systems
• Other Products

Global Optical Imaging Market, By Therapeutic Area:

• Neurology
• Oncology
• Ophthalmology
• Cardiology
• Dermatology
• Others

Global Optical Imaging Market, By Application:

• Pathological Imaging
• Intra-operative Imaging
• Pre-clinical and Clinical Research

Global Optical Imaging Market, By End User:

• Hospitals/ Clinics
• Pharmacies/ Drug Stores
• Pharmaceutical & Biotechnology Industry
• Research Laboratories

Key Players Covered:

Key players operating in the global market includes Carl Zeiss AG, Topcon Medical Systems, Inc., Bioptigen, Inc., Canon Inc., St. Jude Medical, Inc., Koninklijke Philips N.V., Santec Corporation, Headwall Photonics, Inc., Optovue, Inc., and Abbott Laboratories.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Optical Imaging Market by technique, product type, therapeutic area, application, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global optical imaging market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.