Press release
Optical Coherence Tomography (OCT) For Ophthalmology Market Grows At 6% CAGR By 2026
The global optical coherence tomography (OCT) for ophthalmology market is set to enjoy a valuation of US$ 580 million in 2022 and further expand at a CAGR of 6% to reach US$ 732 million by the year 2026.Conventional OCT systems, one of the segments profiled in the report, are expected to exhibit demand growth at a CAGR of 6% from 2022 to 2026. growing demand for dynamic optical coherence tomography (D-OCT) systems, which enable in vivo assessment of blood vessels and their distribution within certain lesions, will present opportunities for the producers of OCT ophthalmology equipment during the next 4 years.S
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Demand for medical supplies and respiratory support equipment, such as life support systems, atomizers, oxygen generators, and monitors, has significantly increased as a result of the COVID-19 pandemic. For the imaging of retinal vascular alterations in COVID-19 patients who have fully recovered, OCT angiography is used.
Some of the leading producers of Optical Coherence Tomography (OCT) for Ophthalmology include:
• Agfa Healthcare
• Carl Zeiss Meditec AG
• Heidelberg Engineering GmbH
• Imalux Corp.
• Michelson Diagnostics
• Novacam Technologies, Inc.
• OPTOPOL Technology S.A.
• Topcon Medical
Segments of Optical Coherence Tomography for Ophthalmology Industry Research
• By Product :
o Conventional OCT Systems
o Handheld OCT Systems
o Integrated OCT Systems
• By Application :
o Clinical
o Industrial
• By End User :
o Hospitals
o Ambulatory Surgical Centres
o Ophthalmic Clinics
o Semiconductor Industries
o Chemical & Polymer Industries
o Automotive Industry
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The market for OCT systems in China is expected to attain a valuation of US$ 97 million, in 2026.
The market for OCT imaging systems in China is expected to expand at a rapid CAGR during the forecast period as a result of the rising adoption of automated technologies for improved disease diagnosis and monitoring, the accessibility of high-end OCT machines at lower costs, the expansion of the OCT imaging systems market, and the growing popularity of OCT in industrial applications.
In a recent study on the Optical Coherence
Tomography (OCT) for Ophthalmology market, the economic impact of COVID-19 is assessed along with current opportunities, potential future revenue streams, and current and anticipated valuations of key market sectors. The assessments, which take up many pages, include a list of the important trends that are raising revenues, key growth drivers, and prospective opportunities.
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Regions covered in report:
• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
• Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
Drivers and Risks Analysis:
The global Optical Coherence Tomography (OCT) for Ophthalmology market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe
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