Global Optical Imaging
Market Report
2024
optical imaging market was valued at USD 1.65 billion in 2022 and will reach USD 3.98 billion by 2030, registering a CAGR of 11.5 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global optical imaging market was valued at USD 1.65 billion in 2022 and will reach USD 3.98 billion by 2030, registering a CAGR of 11.5 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Optical Imaging Market Sales Revenue 2020 | $ 1368.36 Million |
Global Optical Imaging Market Sales Revenue 2030 | $ 3439.01 Million |
Global Optical Imaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.78% |
Market Split by Product |
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Market Split by End User |
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Market Split by Therapeutic Area |
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Market Split by Technique |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Optical Imaging Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Optical imaging is a technique that is used for the diagnosis of non-invasive pictures inside the body like the X-Rays. Optical imaging uses visible light and special properties of photons to obtain detailed images of organs, tissues, molecules, and cells. This imaging significantly reduces the patient’s exposure to harmful radiations by using various non-ionizing radiations including ultraviolet, visible, and infrared light. This imaging procedure is used by physicians for the diagnosis and treatment of various diseases as well as by researchers for a variety of research projects by using techniques like optical coherence tomography, diffuse optical tomography, photoacoustic imaging, near-infrared spectroscopy, and others.
Market Dynamics of the Optical Imaging Market:
Drivers:
The increasing number of chronic disorders like neurological, cardiovascular, diabetes, and various eye disorders leads to market expansion. Due to the rising number of senior citizens across the country, the cases of various chronic disorders are rising due to their old age. As the tear layer losses and degrades faster in elderly people, making them more prone to eye disorders, severe eye disorders increase widely with age, particularly at 60 years.
Technological advancement and innovations are other factors to drive market expansion. Some of the optical methods, like fluorescence and bioluminescence used for imaging molecules in therapy, are becoming more effective. Nowadays, researchers have created a wide range of optical techniques for viewing a range of cellular and molecular processes including protein interactions, protein degradation, and others which drives the market growth.
Restraints:
Due to the various innovations in technology, skilled operators are lacking as they do not have much more knowledge about the new innovative systems. Qualified operators are required for using these imaging systems for diagnosis and treatment. Additionally, a growing number of sophisticated products are introduced each year, which causes the technological landscape of the optical imaging market to change swiftly. Due to this, healthcare professionals should learn the essential abilities to use these imaging technologies.
Impact of the COVID-19 Pandemic on the Optical Imaging Market:
The COVID-19 epidemic made it more important for doctors and other healthcare professionals to maintain social distancing. Due to COVID-19, optical imaging case volumes have rapidly decreased in several imaging and diagnostic departments. The short- and long-term economic stability of all practice settings is seriously impacted by the fall in optical imaging cases. In contrast to 2019, a study that was recently published in the Journal of the American College of Radiology (JACR) found that throughout seven weeks during this global health crisis, there was a nearly 28 percent decrease in the total volume of imaging across all patient service locations and imaging modality categories. Hospitals and imaging facilities are still coping with the pandemic's effects on the optical imaging business in 2021. as hospitals and imaging facilities struggle to cope with the situation.
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Recent Developments:
May 2022
This system allows high-performance co-incidence and correlation imaging over multiple lengths and time scales, featuring a combination of fast high-throughput three-dimensional Lattice Light Sheet Microscopy (LLSM), super-resolution 3D Structural Illumination Microscopy (SIM), and minimally invasive long-term imaging of microfluidics organs on a chip at extended spatiotemporal resolution. These features will allow the study of primary immune cell cultures in the context of human health and disease.
January 2023
The company offers cloud-native enterprise image management, image and PACS exchange solutions for the healthcare business. This partnership helps the market players to strengthen their product portfolio and market position.
Top Companies Market Share in Optical Imaging Industry: (In no particular order of Rank)
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In 2022, North America dominated the optical imaging market:
By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The North America market is expanding as a result of the region's expanding use of optical imaging technologies in numerous fields like ophthalmology, dentistry, and dermatology. Additionally, many elderly people in this area have various conditions that call for the usage of optical imaging equipment. The life sciences sector is also experiencing an increase in investments, R&D activities, and technological advancements. With the help of the financing, it will be possible to make sure that clients are ready for the FDA's anticipated recommendations, which call for a switch from conventional practices to innovative technology. Such changes are anticipated to assist market expansion by accelerating the adoption of new technologies like optical imaging which help the growth of the market.
The current report Scope analyzes Optical Imaging Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Optical Imaging Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Optical Imaging Industry growth. Optical Imaging market has been segmented with the help of its Product, End User Therapeutic Area, and others. Optical Imaging market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The imaging systems segment accounted for the largest share of the market, in 2022.
Based on product, the optical imaging market is bifurcated into imaging systems, illumination systems, lenses, software, and cameras. Due to the extensive use of optical imaging techniques in ophthalmology, dentistry, neurology, and other applications, the imaging systems category held the biggest share of the market. Because they offer real-time data, 1D depth, 2D cross-sectional, and 3D volumetric images with microlevel resolution and imaging depths up to a few mm without the use of hazardous radiation, these imaging systems are frequently employed. This advancement makes it easier for doctors to pinpoint uncertainty during eye procedures so that patients get the best results possible.
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The hospital segment holds the largest share of the optical imaging market
Based on end users, the market is bifurcated into hospitals, diagnostic imaging centers, research laboratories, and pharmaceutical and biotechnological companies. Due to the rising number of usages of optical imaging devices in hospitals, the market holds the largest share. Other includes the rising adoption of these technologies for cancer screening and ophthalmological diagnosis by hospitals are more as it is used for various applications including oncology, cardiology, dermatology, and others driving the market expansion.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Optical Imaging market report 2024 Edition by contacting our team.
The ophthalmology segment accounted for the highest share
Based on therapeutic areas, the optical imaging market is divided into neurology, oncology, ophthalmology, cardiology, dentistry, and dermatology. The rising number of ophthalmic procedures being done by every year throughout the countries is the driving factor for the growth of this segment. Nowadays, there is heavy demand for OCT procedures that are creating opportunities for market expansion and contributing to overall growth in upcoming years. Other factors include the rising number of elderly people suffering from various chronic disorders are playing a dynamic role in the growth of the market during the forecast period.
Optical coherence tomography accounted for the largest share
Based on technique, the optical imaging market is divided into optical coherence tomography, hyperspectral imaging, photoacoustic imaging, diffused optical tomography, near-infrared spectroscopy, and super-resolution microscopy. Due to the increased demand for better and safer imaging techniques today, optical coherence tomography made up the majority of the market. The demand for non-invasive procedures is also very high, driven by factors such as the aging population and the increased prevalence of chronic diseases. This further encourages market expansion.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Optical Imaging Market is witnessing significant growth in the near future.
In 2023, the Imaging System segment accounted for noticeable share of global Optical Imaging Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Canon Inc , Perkinelmer Inc and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | Imaging System, Illumination Systems, Lenses, Software, Cameras |
End User | Hospitals, Diagnostic Imaging Centers, Research Laboratories, Pharmaceutical and biotechnological companies |
Therapeutic Area | Therapeutic Area, Neurology, Oncology, Ophthalmology, Cardiology, Dentistry, Dermatology |
Technique | Optical Coherence Tomography, Photoacoustic Imaging, Diffused Optical Tomography, Hyperspectral Imaging, Near Infrared Spectroscopy, Super Resolution Microscopy |
List of Competitors | Canon Inc, Topcon Corporation, Perkinelmer Inc, Abbott Laboratories, Topcon Corporation, Carl Zeiss Foundation, Headwell Photonics, Leica Microsystems, Heidelberg Engineering GmbH, Philips Healthcare, Cerner Corporation, Siemens Heathineers, StatRad LLC |
This chapter will help you gain GLOBAL Market Analysis of Optical Imaging. Further deep in this chapter, you will be able to review Global Optical Imaging Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Optical Imaging Market Trends North America Optical Imaging Technological Road Map North America Optical Imaging Market Drivers North America Optical Imaging Market Restraints North America Optical Imaging Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by End User Analysis 2019 -2031
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Chapter 12 Market Split by Therapeutic Area Analysis 2019 -2031
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Chapter 13 Market Split by Technique Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Optical Imaging market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Imaging System have a significant impact on Optical Imaging market? |
What are the key factors affecting the Imaging System and Illumination Systems of Optical Imaging Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Optical Imaging Market? |
Which region is expected to dominate the global Optical Imaging Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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