Optical Imaging Market- Global Industry Analysis 2014 - 2020

Transparency Market Research has published a new report on the global optical imaging market. As per the report, the global optical imaging market stood at US$1.06 bn in 2013 and is expected to reach US$2.19 bn by 2020. The report, titled ‘Optical Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,’ states that the global market is expected to expand at a 10.8% CAGR from 2014 to 2020 owing to factures such as the rising prevalence of various disorders, the increasing adoption rate of optical imaging technologies, and the growing aging population.

The increasing incidence of skin-, eye-, teeth-, and other organ-related diseases is the key driving force behind the rise of the global optical imaging market, cites the report.The report analyzes the global optical imaging market on the basis of the application and techniques of optical imaging. Ophthalmology, dermatology, dentistry, cardiology, oncology, neurology, and biotechnology and research are the main application areas of optical imaging.

Download exclusive Sample of this report: https://goo.gl/czucni

The oncology segment is likely to report the fastest growth at a CAGR of 15.10% over the forecast period. Analysts expect this segment to generate US$7.4 mn revenue in the overall optical imaging market by the end of 2020.

Optical coherence tomography (OCT), near infrared spectroscopy (NIRS), hyperspectral imaging (HSI), and photoacoustic tomography (PAT) are the major techniques of optical imaging. Among these, the market for OCT dominates the global market. It occupied a share of 75.7% in 2013 and is projected to expand at a CAGR of 9.70% over the forecast period, notes the study.

Asia Pacific, North America, Europe, and the Rest of the World are the major regional markets for optical imaging in the global arena. According to the report, North America is leading the global optical imaging market at present and is closely followed by Europe. The high penetration rate and growing adoption of advanced optical imaging technologies have fueled the market for optical imaging significantly in this region. Analysts expect this market to maintain dominance over the forecast period.

View exclusive Global strategic Business report :
http://www.transparencymarketresearch.com/optical-imaging-market.html

On the other hand, the optical imaging market in Asia Pacific is likely to rise at the highest CAGR of 14.50% during the forecast period. The presence of a huge pool of patients, together with the soaring demand for innovative as well as advanced diagnostic and treatment technologies, improving healthcare infrastructure, and the rapid rise in the disposable income of consumers in this region, is the prime reason for the extensive growth of the Asia Pacific optical imaging market, says the study.

Bioptigen Inc., Carl Zeiss AG, Canon, Inc., ChemImage Corp., Headwall Photonics Inc., Heidelberg Engineering GmbH, Michelson Diagnostics Ltd., Optovue Inc., NIDEK Co. Ltd., Topcon Medical Systems Inc., and Topcon Medical Systems Inc. are the key players functioning is the global optical imaging market, states the research report

The global optical imaging market is segmented into:

By Technology

Optical Coherence Tomography (OCT)
Time-domain OCT
Fourier-domain OCT
Full-field OCT
Hyperspectral Imaging (HSI)
Near Infrared Spectroscopy (NIRS)
Photoacoustic Tomography (PAT)

By Application

Ophthalmology
Dentistry
Dermatology
Cardiology
Neurology
Oncology
Biotechnology & Research

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.