Optical Coherence Tomography (OCT) is a diagnostic technique provides a cross-sectional view of the retina and images specific non-transparent tissues of other organs.
OCT is a leading segment of the optical imaging market with a market share of approximately 72%, owing to its early diagnosis of eye-related diseases and ease of access to retinal areas.
Advancements in Photonics and fiber optics field are the primary external factors that favor OCT.
Market growth is driven by several factors such as the growing prevalence of optical diseases and diabetes, increasing demand for non-invasive surgeries, Technological advancements in healthcare, etc.,
However, the high cost of the device is slowing down growth.
To provide quantitative information and improve the diagnosis performance, several functional OCT methods such as polarization sensitive OCT, Doppler OCT or OCT combined with fluorescence are being investigated.
The aim is to facilitate the manufacturing of compact, low cost and portable OCT systems to reach applications at fundamental level such as the dermatologist, dentistry, etc.,
Global Optical Coherence Tomography Market is segmented:-
By Product type into Handheld, Tabletop, Doppler, Catheter-based, and others, by Volume Scan as Annular, Raster, Radial, and others.
By Technology into Frequency Domain, Spatially Encoded Frequency Domain, Time Domain, and others.
Application into Ophthalmology, Cardiology, Dermatology, and others.
By End Users into Hospitals, Research Institutes, and Others.
Geographically, the market is segmented into North America, South America, Europe, Asia Pacific, and RoW.
North America and Europe are dominating the market mainly due to growing healthcare expenditures, advancements in healthcare and favorable government regulations in these regions.
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