Optical Coherence Tomography Angiography Equipment System Market Expects to See Significant Growth During 2021-2028

The "Optical Coherence Tomography Angiography Equipment Market" is projected to reach US$ 616.31 million by 2028 from US$ 388.50 million in 2021; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.

The rising prevalence of several eye-related disorders, and the availability of cost-efficient diagnosis methods fuel the growth of the optical coherence tomography angiography equipment market. According to the World Health Organization (WHO) report, globally at least 2.2 billion people suffer from a near or distance vision impairment. Of these, at least 1 billion, or almost half of these cases, can be prevented through incorporation of advanced technology for early detection of ophthalmic disorders among patient's group.

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Companies Profiled in this report includes:

• NIDEK CO., LTD.
• Carl ZEISS AG
• OPTOVUE, INCORPORATED
• Canon Inc.
• OPTOPOL TECHNOLOGY SP. Z O.O
• Alcon Inc.
• Michelson Diagnostics Ltd.
• Topcon Corporation
• SANTEC Corporation
• HEIDELBERG ENGINEERING GMBH.

For records, 1 billion people include those with moderate or severe distance vision impairment or blindness owing to unaddressed refractive error (88.4 million), cataract (94 million), glaucoma (7.7 million), corneal opacities (4.2 million), diabetic retinopathy (3.9 million), and trachoma (2 million), and near vision impairment disorders caused due to unaddressed presbyopia (826 million).

According to the Optica Publishing Group report, OCTA has become an essential tool for retinal health evaluation among adults and is gaining strong attention due to its noninvasive method that involved in producing objective biomarkers (an objective indication of medical state observed from outside the patient that can be measured accurately) resulting in earlier and more effective diagnosis for retinal diseases.

The World Health Organization (WHO), Optical Publishing Group Report, Association for Research in Vision and Ophthalmology Report, and National Institute of Health (NIH) are among the primary and secondary sources referred to while preparing the report on the optical coherence tomography angiography equipment market.

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Optical Coherence Tomography Angiography Equipment Market Segmentation:

By Type:
• Handheld Type
• Tabletop Type

End User:
• Hospitals
• Clinics
• Others

The optical coherence tomography angiography equipment market has been analyzed on the basis of type and end user. Based on type, the market is bifurcated into handheld type and tabletop type. The tabletop type segment is estimated to account for a larger market share for optical coherence tomography angiography equipment during 2021-2028. As per the Association for Research in Vision and Ophthalmology report, OCTA has revolutionized the diagnosis and management of several eye disorders. Moreover, the optica publishing report, states that this technique is a functional extension of OCT intended for noninvasive imaging. Therefore, most current angiography equipment are tabletop systems that are typically utilized for imaging compliant and seated subjects with satisfactory results in terms of reproducibility. These factors drive the optical coherence tomography angiography equipment market growth for the tabletop type segment. On the other hand, the handheld type segment is expected to register a higher CAGR during 2021-2028.

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TABLE OF CONTENTS

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Optical Coherence Tomography Angiography Equipment Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East and Africa PEST Analysis
4.2.5 South And Central America PEST Analysis
4.3 Experts Opinion
5. Global Optical Coherence Tomography Angiography Equipment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Eye-Related Disorders
5.1.2 Rise in Geriatric Population
5.2 Market Restraints
5.2.1 Lack of Skilled Professionals and System Challenges
5.3 Market Opportunities
5.3.1 Technological Innovation in OCT Angiography Devices
5.4 Future Trends
5.4.1 Artificial Intelligence in OCT Angiography

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