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By Device Type (Table top OCT Devices, Portable/Handheld OCT Devices), By Technology (Fourier Domain OCT (Swept-Source OCT or Optical Fourier Domain
Imaging, Spectral Domain OCT), By Application (Glaucoma, Diabetic Retinopathy, Cardiology, Dermatology, Others), By End User (Hospitals, Ambulatory Surgical
Centres, Diagnostic Centres, Research Institutes), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and
Forecast 2017 to 2023
Optical Coherence Tomography (OCT) is an emerging innovative medical technology, which enables offer high resolution, cross sectional tomographic images of
biological systems. OCT is a type of optical biopsy, does not require removal of tissue specimen as conventional histopathology. Burgeoning geriatric population
around the world is expected to accelerate demand for OCT market. In accordance with WHO, population above 65 years were 13% in 2010, and expected to reach
53% by 2020. Furthermore, increase in prevalence of chronic diseases such as diabetes, diabetic retinopathy, cardiovascular diseases, skin cancers, and prostate
cancer are witnessed to catapult the market growth of OCT. Moreover, presence of favourable reimbursements, advancements in the technology, and increase in
R&D investments are further propels the OCT market. On the other hand, lack of awareness, high installation costs, high cost of testing, and dearth of skilled
professionals restrains the growth of OCT market.
Optical Coherence Tomography market is segmented on the basis of type and geographical regions
Based on the Technology, Optical Coherence Tomography market is segmented into the following
Fourier Domain OCT
Swept-Source OCT or Optical Fourier Domain Imaging
Spectral Domain OCT
Based on the Device Type, Optical Coherence Tomography market is segmented into the following
Tabletop OCT Devices
Handheld OCT Devices
Based on the Application, Optical Coherence Tomography market is segmented into the following
Glaucoma
Diabetic Retinopathy
Oncology
Dermatology
Others
Based on the End User, Optical Coherence Tomography market is segmented into the following
Hospitals
Ambulatory Surgical Centres
Diagnostic Centres
Research Institutes
In April 2017, Optovue launched OCT angiography for ophthalmology to provide high resolution and peripheral visualization of eye vasculature during detection
of eye macular edema.
In October 2016, Optopol Technology and BiB Ophthalmic Instruments, a UK based company entered into a partnership to distribute OCT systems in UK
In August 2016, Throlabs introduced two modified components for OCT superluminescent diode and polarization dependent isolator
In 2012, Car Zeiss launched HD-OCT 5000 and HD-OCT 500 devices for comprehensive ophthalmic practices
The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent
technology advancements and innovations in the market
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