Press release
Optical Imaging Market Poised for Robust Growth: Key Drivers and Projected Market Size by 2025
Optical Imaging Market Size
The optical imaging market is witnessing rapid growth, and it is expected to continue its upward trajectory. Here are some vital statistic:
• Market size in 2024: $2.34 billion.
• Market size in 2025: $2.66 billion (13.7% CAGR).
• Predicted market size in 2029: $4.82 billion (16.0% CAGR).
The market growth is being driven by factors including data analytics and image processing, cost reduction, consumer electronics integration, evolution in the healthcare industry, the rise in chronic diseases, advancements in biophotonics, and demand for non-invasive imaging.
What Is Driving the Growth of the Optical Imaging Market?
The market's growth is primarily driven by the growing ageing population worldwide. Optical imaging offers high-resolution and multispectral potential, making it suitable for diagnosing and treating atherosclerosis and related diseases in older people. The technology utilizes non-ionizing radiation, thereby minimizing the adverse effects of radiation and increasing its adoption in hospitals for treating the elderly. By 2050, the world's population of adults aged 60 and up is expected to double to 2.1 billion. Therefore, the optical imaging market is expected to accelerate in response to the increasing demand.
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Who Are the Key Players in the Optical Imaging Market Growth?
Key players in the market include:
• PerkinElmer Inc.
• Carl Zeiss Meditec AG
• Koninklijke Philips N.V.
• Topcon Corporation
• Bioptigen Inc.
• Canon Inc.
• Heidelberg Engineering Inc.
• Optovue Inc.
• Headwall Photonics Inc.
• Agfa-Gevaert N.V., and many others.
What Are The Key Trends in the Optical Imaging Market?
Major trends include:
• Technological advancements and the launch of advanced products.
• Increasing research and development investments.
• Integration with consumer electronics.
• Growing affordability and cost-effectiveness.
• Enhanced endoscopic imaging techniques.
What Are The Segments of The Global Optical Imaging Market?
The segments of the optical imaging market include:
1) By Product: Imaging Systems, Cameras, Software, Other Products.
2) By Application: Pathological Imaging, Intra-operative Imaging.
3) By End-User: Hospitals And Clinics, Research Laboratories, Pharmaceutical and Biotechnology Industry.
Which Region Leads The Optical Imaging Market?
North America was the largest region contributing to the optical imaging market in 2024. The regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Optical Imaging Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Optical Imaging Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Optical Imaging Global Market Report 2025 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 Imaging Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Optical Imaging Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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