Global Optical Imaging Systems Market is valued approximately USD 1.80 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.9% over the forecast period 2022-2028. Optical imaging has the ability to distinguish between soft tissues and the damaged tissues. In the medical diagnosis sector, optical imaging's capacity to distinguish between healthy and infectious tissues is providing a big opportunity. Optical imaging systems have a lot of potential in the healthcare sector for diagnosis, illness prevention, and treatment. The market is being driven by a growing number of applications, a growing preference for noninvasive technologies, and an increase in the prevalence of chronic diseases and eye conditions. As a result of the growing demand for effective solutions and a focus on disease early detection, optical imaging system sales are expected to skyrocket. For example, the optical society reported in May 2019 that researchers developed a novel small, fiber-based image spectrometer for remote sensing that can collect 30,000 sampling points with more than 60 wavelengths apiece. This detailed spectral information, paired with the great spatial resolution, provides vital insight into a scene's or sample's chemical composition. The new spectrometer captures spectral data in real time, without the need for scanning. This enables it to photograph objects that change rapidly, such as moving targets or changing imaging settings. The growth of this market is being fueled by factors such as the ageing population, increased research and development activities in the life sciences sector, and increased applications of optical imaging techniques in drug discovery processes and preclinical research. Another key reason driving the market's growth is an increase in the prevalence of eye illnesses. Optical imaging systems are used by ophthalmologists to diagnose eye problems. As a result, an increase in the prevalence of eye illnesses is leading to an increase in the patient pool, which is driving optical imaging system sales. However, the market's growth would be hampered by high instrument costs, stringent regulatory approval procedures, a scarcity of skilled operators, and insufficient reimbursements for optical imaging operations over the forecast period of 2022-2028.
The key regions considered for the global Optical Imaging Systems Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America had the highest revenue share. The availability of skilled individuals, a well-developed research infrastructure, and government measures to foster technological innovation in the industry by offering investments and money are all contributing to the market's growth in this region. Furthermore, the region's market growth is predicted to be boosted by speedier acceptance of technologically improved products. Over the forecast period, Asia Pacific is expected to have the highest CAGR. This is due to the low cost of doing research, favourable regulatory requirements, and the expanding senior population, which is particularly vulnerable to chronic illness development.
Major market player included in this report are:
St. Jude Medical Inc.
PerkinElmer, Inc.
Carl Zeiss Meditec AG
Koninklijke Philips
Topcon Corporation
Bioptigen Inc.
Canon, Inc.
Heidelberg Engineering, Inc.
Optovue Inc.
Headwall Photonics, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Photoacoustic Tomography
Optical Coherence Tomography
Hyperspectral Imaging
Near-infrared Spectroscopy
By Product:
Imaging Systems
Optical
Spectral
Optical Imaging Software
Illumination Systems
Others
By Application:
Pathological
Intraoperative
By End-use:
Research Labs
Hospitals & Clinics
Pharmaceutical and Biotechnological Companies
By Therapeutic Area:
Ophthalmology
Cardiology
Oncology
Dermatology
Neurology
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Optical Imaging Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
