Optical Imaging Market to grow up to USD 8.6 billion by 2031, at a CAGR of 18.3% | Abbott, Topcon Corporation, Canon Inc., PerkinElmer, Inc., Koninklijke Philips N.V.

New York, Global Optical Imaging Market was valued at USD 1.6 billion in 2021 and it is anticipated to grow up to USD 8.6 billion by 2031, at a CAGR of 18.3% during the forecast period.

The global optical imaging market report from Global Insight Services is the single authoritative source of intelligence on Optical Imaging Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Optical imaging has become prevalent in the field of medical imaging over the past few years owing to its vast and constantly expanding applications in various therapeutic areas. Currently scientists and doctors use optical imaging widely for research and clinical purpose.

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Market Trends and Drivers

Technological innovations to drive greater market penetration will fuel the industry growth. Optical coherence tomography (OCT) is a well-established technology, widely used in ophthalmology, employed by eye-care professionals as a tool to help understand and diagnose retinal conditions. Scientists are finding new applications in OCT — in dermatology, aesthetics, and cancer diagnosis & treatment. Over the years, there have been several advancements and innovations in the field of optical imaging. OCT technology has advanced from time-domain OCT to frequency-domain OCT, which offers higher speed and facilitates rapid 3D pullback imaging during the administration of a non-occlusive flush of an optically transparent medium or radiocontrast. Improved scanning speed, resolution, reproducibility, and availability of updated software and normative databases have further expanded the application areas of OCT systems in clinical diagnostics. This has enabled the imaging of cellular structures to the level of nerve fiber layers and ganglion cell complexes. The evolution of newer technologies, including optical coherence tomography angiography (OCTA), has added a whole new level of patient care and management to the spectrum.

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Global Optical Imaging Market Segmentation

By Product

  • Imaging Systems
  • Illumination Systems
  • Cameras
  • Lenses
  • Software

By Techniques

  • Near-Infrared Spectrometry
  • Optical Coherence Tomography
  • Photoacoustic Imaging
  • Endoscopy
  • Hyperspectral Imaging

By Therapeutic Area

  • Ophthalmology
  • Neurology
  • Oncology
  • Cardiology
  • Dentistry
  • Dermatology
  • Others

By End-Use

  • Hospitals
  • Clinics
  • Research Laboratories
  • Diagnostic Imaging Center

Major Players in the Global Optical Imaging Market

The key players in the market Carl Zeiss Meditec AG (Germany), Abbott (US), Topcon Corporation (Japan), Canon Inc. (Japan), PerkinElmer, Inc. (US), Koninklijke Philips N.V. (Netherlands), Heidelberg Engineering (US), Leica Microsystems (Germany), Headwall Photonics, Inc. (US), among others.

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