Optical Imaging Market Trends Analysis and Forecast - 2027
Optical Imaging Market Overview
Driven by critical healthcare needs, optimal imaging is gaining traction as a detector technology. Optimal imaging is a technique where cellular and molecular function in a living body is interrogated with the help of light and the special properties of photons to obtain detailed images of organs and tissues. Optical imaging has the ability to improve point of care in the healthcare setting since it provides improved screening and detection of disease. The global optimal imaging market trends is anticipated to attain a valuation of USD 1.92 Bn at a CAGR of 10% over the forecast period of 2018-2023, projects Market Research Future (MRFR) in an extensive study.
Optical imaging is a noninvasive technique is
garnering high preference from the healthcare industry. Optimal imaging offers
various advantages over radiological imaging techniques. Other than significant
reduction in patient exposure to harmful radiations, optimal imaging technique
is relatively faster and can be applied to lengthy and repeated procedures.
Optimal imaging technique provides real-time diagnosis, even in remote areas.
Surging awareness regarding the harmful effects radiation-based imaging has
boosted the demand for optical imaging.
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Optical Imaging
Market Segmentation
The global
optical imaging market has been segmented based on product, technique,
therapeutic area, application, and end user.
·
By product, the global optical imaging market has
been segmented into imaging systems, software, lenses, illumination systems,
cameras, and others. The imaging systems segment has been further segmented
into optical imaging systems and spectral imaging systems.
·
By technique, the global optical imaging market
has been segmented into hyperspectral imaging, near-infrared spectroscopy,
Optical Coherence Tomography (OCT), photoacoustic imaging, diffused optical
tomography, and super-resolution microscopy.
·
By therapeutic area, the global optical imaging
market has been segmented into neurology, oncology, ophthalmology, dentistry,
cardiology, dermatology, and others.
·
By application, the global optical imaging market
has been segmented into pre-clinical and clinical research, pathological
imaging and intraoperative imaging.
·
By end user, the global optical imaging market has
been segmented into diagnostic imaging centers, hospitals and clinics, research
laboratories, and pharmaceutical &biotechnology companies.
Optical Imaging
Market Regional Analysis
By region, the
global optical imaging market has been segmented into the Americas, Europe,
Asia Pacific, and the Middle East & Africa. The Americas is leading the
global optical imaging market on account of the high prevalence of
neurological, ophthalmic and cardiovascular diseases in the region. High
government support in the form of funding for R&D of medical devices and
the presence of key players in the region boost the growth of the market.
Surging awareness regarding the ill effects of radiation imaging and expanding
population pool is likely to augment the growth of the market.
Europe is the
second largest market for optical imaging driven by factors such as
availability of advanced treatment options, high healthcare expenditure, robust
healthcare infrastructure and prolific growth of the medical devices industry
in the region. Affordability and knowledge about optical imaging techniques
also act as a plus for the growth of the market.
APAC is poised
to be the fastest growing market for optical imaging. Presence of a massive
base of patient population, expanding healthcare budget, and government support
spurs the market in APAC. More rapid adoption of advanced healthcare technology
and favorable reimbursement scenario also boost the market growth.
The MEA market
is anticipated to showcase sluggish growth over the forecast period due to lack
of awareness, and lack of advanced treatment facilities in the region.
Optical Imaging
Market Players
·
Globus Medical, Inc. (U.S.)
·
Depuy Synthes Inc. (Johnson & Johnson) (U.S.)
·
Smith & Nephew plc. (UK)
·
NuVasive, Inc. (U.S.)
·
Stryker Corporation (U.S.)
·
Integra LifeSciences Holdings Corporation (U.S.)
·
Zimmer Biomet Holdings, Inc. (U.S.)
·
Medtronic, plc (Ireland)
·
Wright Medical Group N.V. (Netherlands)
·
The Orthopedic Implant Company (U.S.)
·
Aesculap Implant Systems (U.S.)
·
Conmed Corporation (U.S.)
·
BioTek Instruments, Inc. (U.S.)
·
Arthrocare Corporation (U.S.)
among others
are some key companies in the global optical imaging that are listed by MRFR
for market research.
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