Optical Imaging Market

Optical Imaging Market GLOBAL INDUSTRY INSIGHTS, TRENDS,
OUTLOOK, AND OPPORTUNITY ANALYSIS,
2016-2025
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Optical Imaging Market Overview:
Optical imaging is an emerging non-invasive technique used for capturing images of the internal parts of the body. Visible
light and photons are incorporated to take the complete image of internal organs and tissues, the images of smaller
structures are also taken, which include cells and molecules. Optical imaging uses the properties of photons such absorption
and scattering, the spectra of light measures and perceives the properties of organs and soft tissues. Although, optical
imaging technology is at its early phase of development, a wide range of technological advantages are offered over current
imaging technologies. The images are referred by doctors for diagnosis and treatment of various diseases and by scientists
for carrying out diverse research work. Optical imaging has proved to be much harmless and efficient compared to MRI and
X-ray that use ionizing radiation for imaging.
The non-invasive technology and increasing prevalence is expected to boost the growth of optical imaging market
According to the World Health Organization in 2012, population above 65 years has grown the highest and is expected to
rise from 13% in 2010 to 53% by 2020. The key factors contributing to the growth of the optical imaging market are high
prevalence of neurological and ophthalmologic disorders, increase in R&D activities in the life sciences sector, preclinical
research, rising demand for radiation free imaging modalities in drug discovery processes. Moreover, the provision to acquire
in-depth images of complex components of eyes, surface tissues, membranes vascular systems and gastrointestinal tract are
driving the growth of the global market. Furthermore, vast application scope of the advance optical imaging products,
operator and patient safety and comfort are other factors driving the growth. The emerging state of optical imaging market is
also due to the use of non-ionizing radiations that reduce the harmful radiation exposure of patients.
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Development in healthcare infrastructure and rising prevalence of chronic diseases is expected to dominate
North American optical imaging market
Regional segmentation of the optical imaging market by Coherent Market Insights comprises North America, Europe,
Asia Pacific, Latin America, Middle East and Africa. According to the National Institute of Aging in 2015, 524 million
people were aged 65 or older in 2010 and by 2050 it is estimated to nearly triple to about 1.5 billion, which will represent
16 percent of the world’s population. North America dominates the global optical imaging industry as the high usage of
the optical imaging technologies in applications like oncology, dentistry and dermatology. It also comprises of huge
geriatric population suffering from disorders that require optical imaging devices, which in turn will contribute towards the
growth of optical imaging market. Key factors responsible for the rapid growth of Asia-Pacific market is the presence of
high patient population suffering from various disorders along with high prevalence of chronic diseases. Increasing
healthcare awareness, development of healthcare infrastructure, growing purchase power will fuel the growth of global
optical imaging market.
The global optical imaging market is segmented On the basis of applications
●
Pre-clinical and clinical research
●
Intra-operative Imaging
●
Pathological imaging
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Product launch, collaborations and acquisition by Abbott is expected to create high growth in optical imaging
market
Key players operating in the optical imaging market are :
●
Abbott,
●
Bioptigen Inc.,
●
Topcon Medical systems,
Carl Zeiss Meditec AG with the strategies that include collaboration & merger, product launch. The acquisition of St Jude
Medical in April 2016 by healthcare giant Abbott has created tremendous growth in neuromodulation, cardiovascular and
atrial fibrillation market.
●
Other market players include:
●
Heidelberg Engineering,
●
Santec Corporation,
●
Headwall Photonics,
●
AGFA Healthcare,
●
Optovue, Inc.
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Optical imaging is an emerging non-invasive technique used for capturing images of the internal parts of the body.