Press release
Global Optical Coherence Tomography Market Report 2025: Robust Growth Driven by Prevalence of Eye Disorders and Technological Innovations
Rapid advancements and increased healthcare expenditure fuel the global optical coherence tomography market, projected to escalate from $1.89 billion to $3.59 billion by 2029.What Is The Projected Market Size Of The Global Optical Coherence Tomography Market and Its Growth Rate?
• Rapid growth observed from $1.89 billion in 2024 to $2.12 billion in 2025, at a CAGR of 12.1%.
• The market size is expected to reach $3.59 billion by 2029, growing at a CAGR of 14.1%.
• Growth factors include global pandemic impact, patient preferences, competitive landscape, rapid R&D, regulatory support, miniaturization of devices.
• Future growth influenced by increasing healthcare expenditure, patient-centric approach, and rising prevalence of eye disorders.
What Is Driving The Growth In The Optical Coherence Tomography Market?
The significant rise in eye disorders globally is contributing to the growth of the optical coherence tomography market. Conditions such as cataract, glaucoma, diabetic retinopathy, and age-related macular degeneration (AMD) are leading causes of vision loss and blindness. These rising ailments necessitate the demand for advanced diagnostic tools like optical coherence tomography systems. According to the World Health Organization (WHO), near-or vision problems affect over 2.2 billion individuals worldwide due to these conditions. AMD ranks as the third cause of blindness globally and affects 34 million individuals in the EU. By 2050, AMD patient population is expected to increase by 25% due to population growth and ageing. As a result of these factors, the increasing prevalence of eye disorders bolsters the growth of the optical coherence tomography market.
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Who Are the Key Players Driving Optical Coherence Tomography Market Growth?
Major companies operating in the optical coherence tomography market include:
•Agfa-Gevaert N.V.
•Carl Zeiss Meditec AG
•Heidelberg Engineering GmbH
•Imalux Corporation
•Michelson Diagnostics Limited
•Novacam Technologies Inc.
•OPTOPOL Technology Sp. z o.o.
•Topcon Healthcare Solutions Inc.
•Conavi Medical Inc.
•ZD Medical Inc.
What Are The Key Trends In The Optical Coherence Tomography Market?
Key trends in the forecast period include:
•Optical Coherence Tomography (OCT) integration in surgeries.
•Evolving regulatory landscape.
•Upcoming telemedicine and remote consultations.
•Increased market competition and innovation.
What Are The Segments Of The Global Optical Coherence Tomography Market?
The market is segmented into:
1) By Type: Catheter-Based OCT Devices, Doppler OCT Devices, Handheld OCT Devices, Tabletop OCT Devices
2) By Technology: Time Domain OCT (TDOCT), Frequency Domain OCT (FD-OCT), Spatial Encoded Frequency Domain OCT
3) By Application: Ophthalmology, Cardiovascular, Oncology, Dermatology, Other Applications
Which Region Leads The Optical Coherence Tomography Market?
North America was the largest region in the optical coherence tomography market in 2024, and Asia-Pacific is expected to be the fastest-growing region during the forecast period.
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What Is Covered In The Optical Coherence Tomography Global Market Report?
- Market Size Analysis: Analyze the Optical Coherence Tomography size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Optical Coherence Tomography for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Optical Coherence Tomography growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Optical Coherence Tomography.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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