HOME Top Market Reports Optical Imaging Market by Technique (Optical Coherence Tomography, Hyperspectral Imaging, Photoacoustic Tomography), Product (Imaging System, Imaging software) & by Application (Ophthalmology, Neurology, Oncology, Cardiology) - Global Forecasts to 2019

Optical Imaging Market by Technique (Optical Coherence Tomography, Hyperspectral Imaging, Photoacoustic Tomography), Product (Imaging System, Imaging software) & by Application (Ophthalmology, Neurology, Oncology, Cardiology) - Global Forecasts to 2019

By: marketsandmarkets.com
Publishing Date: October 2014
Report Code: MD 2818

 

  Speak to Analyst Enquiry Before Buying
 
purchase report
download pdf  request for customisation


Substantial growth and rapid technological advancement was experienced by the optical imaging market in the past few years, which have positively impacted overall market growth. The market also witnessed the emergence of transformative and innovative imaging modalities.

The optical imaging market is mainly driven by technological advancements, along with the growing demand for noninvasive and safer diagnostic modalities, changing demographics of the medical technology sector, and the increasing use of optical imaging technology in translational research and therapeutic and diagnostic applications. However, the high cost and data requirements, stringent government regulations, and the lack of skilled operators are restraining the growth of this market to a certain extent.

Apart from these market drivers, there are several geographic drivers as well for the growth of market. The optical imaging market in North America and Europe is growing at a significant growth rate, mainly because of the growing aging population there and the increasing incidence of associated chronic disorders, along with the large number of academic and research laboratories. Apart from North America, the Asia-Pacific region is expected to become a growth center for this market. The market in Japan, China and India are all likely to show significant growth during the forecast period of 20142019. The higher CAGR in these markets is attributed to the growing pharmaceutical and biotechnological sectors in these regions, rise in healthcare awareness, and increased acceptance of advanced imaging technologies.

The top five players in the global optical imaging market accounted for over 80% of the market share. However, the intense competition by existing small- and mid-sized players in the market is threatening the market share of top players. In order to maintain their share, leading players are continuously embracing new technologies and striving to bring advanced products into the market. This increasing competitiveness is also expected to drive innovation in the market, thereby helping the industry to solve existing challenges and meet the needs of the market.

Scope of the Report

Optical imaging holds promising scope for improving disease prevention, and furthering clinical research, medical diagnosis, and treatment. The basic principle used in optical imaging is the detection of emitted photons at predefined wavelength ranges. It involves the use of techniques such as optical coherence tomography, hyperspectral imaging, near-infrared spectroscopy, and photoacoustic tomography. These techniques have been successfully applied to medical diagnostics, in fields such as in ophthalmology, neurology, oncology, dentistry, life sciences & clinical research, and others. Increasing R&D activities to develop innovative products in the pharmaceuticals and biotechnology sectors, and the integration of technology with other imaging modalities, are expected to boost the growth of market.

Global Optical Imaging Market

This research report categorizes the optical imaging market into the following segments:

  • By Techniques
    • Optical Coherence Tomography
    • Hyperspectral Imaging
    • Near-infrared Spectroscopy
    • Photoacoustic Tomography
  • By Products
    • Optical Imaging Systems
    • OCT Imaging Systems
    • Spectral Imaging Systems/Spectral Imagers
    • Optical Imaging Cameras
    • Optical Imaging Software
    • Illumination Systems
    • Imaging Lenses
    • Other Optical Imaging Products
  • By Application
    • Ophthalmology
    • Neurology
    • Oncology
    • Dermatology
    • Dentistry
    • Cardiology
  • By End User
    • Pharmaceutical and Biotechnology Industry
    • Research Laboratories
    • Hospitals & Clinics
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Spain
      • Rest of Europe (RoE)
    • Asia-pacific (APAC)
      • China
      • Japan
      • India
      • Rest of APAC
    • Rest of the World (RoW)
      • Latin America
      • Middle East & Africa

Table of Contents 
 
1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Markets Covered
    1.3 Market Scope
    1.4 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Approach
    2.2 Market Size Estimation
    2.3 Market Crackdown and Data Triangulation
    2.4 Market Share Estimation
    2.5 Key Data From Secondary Resources
    2.6 Key Data From Primary Sources
          2.6.1 Key Industry Insights
    2.7 Assumptions for the Study

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 27)

5 Market Overview (Page No. - 28)
    5.1 Introduction
    5.2 Market Segmentation
          5.2.1 Optical Imaging Market, By Product
          5.2.2 Optical Imaging Market, By Technique
          5.2.3 Optical Imaging Market, By Application
          5.2.4 Optical Imaging Market, By End User
    5.3 Market Dynamics
    5.4 Key Drivers
          5.4.1 Need to Minimize Use of Radiation Technologies
          5.4.2 Changing Demographics in Medical Technology
          5.4.3 Widening Application Areas
          5.4.4 Technological Innovations
    5.5 Key Restraints
          5.5.1 High Costs and Data Requirements for Launching New Technologies
          5.5.2 Stringent Regulations & Insufficient Reimbursements
          5.5.3 Lack of Skilled Operators
    5.6 Key Opportunities
          5.6.1 Growing Pharmaceutical and Biotechnology Research
          5.6.2 Emerging Markets
    5.7 Key Challenges
          5.7.1 Sustainabilty of Small and Mid-Sized Players

6 Optical Imaging Market, By Technique (Page No. - 38)
    6.1 Introduction
    6.2 Optical Coherence Tomography (OCT)
    6.3 Hyperspectral Imaging
    6.4 Near-Infrared Spectroscopy (NIRS)
    6.5 Photoacoustic Tomography (PAT)

7 Global Optical Imaging Market, By Product (Page No. - 47)
    7.1 Introduction
    7.2 Optical Imaging Systems
          7.2.1 OCT Imaging Systems
          7.2.2 Spectral Imaging Systems/Spectral Imagers
    7.3 Optical Imaging Cameras
    7.4 Optical Imaging Software
    7.5 Illumination Systems
    7.6 Imaging Lenses
    7.7 Other Optical Imaging Products

8 Global Optical Imaging Market, By Application (Page No. - 63)
    8.1 Introduction
    8.2 Ophthalmology
    8.3 Neurology
    8.4 Oncology
    8.5 Dermatology
    8.6 Dentistry
    8.7 Cardiology

9 Global Optical Imaging Market, By End User (Page No. - 75)
    9.1 Introduction
    9.2 Pharmaceutical and Biotechnology Industry
    9.3 Research Laboratories
    9.4 Hospitals and Clinics

10 Global Optical Imaging Market, By Geography (Page No. - 82)
     10.1 Introduction
     10.2 North America
            10.2.1 U.S.
            10.2.2 Canada
     10.3 Europe
            10.3.1 Germany
            10.3.2 U.K.
            10.3.3 France
            10.3.4 Italy
            10.3.5 Spain
            10.3.6 Rest of Europe
     10.4 Asia-Pacific
            10.4.1 Japan
            10.4.2 China
            10.4.3 India
            10.4.4 Rest of APAC (ROAPAC)
     10.5 Rest of the World
            10.5.1 Middle East & Africa
            10.5.2 Latin America

11 Competitive Landscape (Page No. - 122)
     11.1 Overview
     11.2 Market Share Analysis, Global Optical Imaging Market
     11.3 Competitive Situation and Trends
     11.4 New Product Launches
     11.5 Expansions
     11.6 Agreements, Partnerships, Collaborations, and Alliances
     11.7 Mergers and Acquisitions
     11.8 Other Developments

12 Company Profiles (Page No. - 131)
     12.1 Introduction
     12.2 St. Jude Medical Inc.
             12.2.1 Business Overview
             12.2.2 Products Portfolio
             12.2.3 Key Strategy
             12.2.4 Recent Developments
             12.2.5 SWOT Analysis
             12.2.6 MNM View
     12.3 Carl Zeiss Meditec Ag
             12.3.1 Business Overview
             12.3.2 Carl Zeiss Meditec Ag.: Company Snapshot
             12.3.3 Product Portfolio
             12.3.4 Key Growth Strategy
             12.3.5 Recent Developments
             12.3.6 SWOT Analysis
             12.3.7 MNM View
     12.4 Bioptigen Inc.
             12.4.1 Business Overview
             12.4.2 Financials
             12.4.3 Product Portfolio
             12.4.4 Key Strategy
             12.4.5 Recent Developments
     12.5 Topcon Corporation (Topcon Medical Systems, Inc.)
             12.5.1 Business Overview
             12.5.2 Product Portfolio
             12.5.3 Key Growth Strategy
             12.5.4 Recent Developments
             12.5.5 SWOT Analysis
             12.5.6 MNM View
     12.6 Canon Inc.
             12.6.1 Business Overview
             12.6.2 Product Portfolio
             12.6.3 Key Growth Strategy
             12.6.4 Recent Developments
             12.6.5 SWOT Analysis
             12.6.6 MNM  View
     12.7 Heidelberg Engineering Inc.
             12.7.1 Business Overview
             12.7.2 Financials
             12.7.3 Product Portfolio
             12.7.4 Key Growth Strategy
             12.7.5 Recent Developments
     12.8 Headwall Photonics Inc.
             12.8.1 Business Overview
             12.8.2 Financials
             12.8.3 Product Portfolio
             12.8.4 Key Growth Strategy
             12.8.5 Recent Developments
     12.9 Optovue, Inc.
             12.9.1 Business Overview
             12.9.2 Financials
             12.9.3 Product Portfolio
             12.9.4 Key  Growth Strategy
             12.9.5 Recent Developments
     12.10 Perkinelmer Inc.
             12.10.1 Business Overview
             12.10.2 Product Portfolio
             12.10.3 Key Strategy
             12.10.4 Recent Developments
     12.11 Volcano Corporation
             12.11.1 Business Overview
             12.11.2 Product Portfolio
             12.11.3 Key Strategy
             12.11.4 Recent Developments
             12.11.5 SWOT Analysis
             12.11.6 MNM View
 
 
List of Tables (116 Tables) 
   
Table 1 Changing Demographics in Medical Technology & Need to Minimize the Use of Radiation Technologies to Boost Market Growth
Table 2 High Cost & Data Requirements and Stringent Regulations to Restrain Market Growth
Table 3 Growing Biotechnology & Pharmaceutical Research Provides Significant Growth Opportunities for the Market
Table 4 Global Optical Imaging Market Size, By Technique, 20122019 ($Million)
Table 5 Global Optical Coherence Tomography Market Size, By Geography, 20122019 ($Million)
Table 6 Global Hyperspectral Imaging Market Size, By Geography, 20122019 ($Million)
Table 7 Global Near-Infrared Spectroscopy Market Size, By Geography, 20122019 ($Million)
Table 8 Global Photoacoustic Tomography Market Size, By Geography, 20122019 ($Million)
Table 9 Global Market Size, By Product, 20122019 ($Million)
Table 10 Global Optical Imaging Systems Market Size, By Product, 20122019 ($Million)
Table 11 Global Optical Imaging Systems Market Size, By Geography, 20122019 ($Million)
Table 12 Global OCT Imaging Systems Market Size, By Geography, 20122019 ($Million)
Table 13 Global Spectral Imaging Systems Market Size, By Geography, 20122019 ($Million)
Table 14 Global Optical Imaging Cameras Market Size, By Geography, 20122019 ($Million)
Table 15 Global Optical Imaging Software Market Size, By Geography, 20122019 ($Million)
Table 16 Global Illumination Systems Market Size, By Geography, 20122019 ($Million)
Table 17 Global Imaging Lenses Market Size, By Geography, 20122019 ($Million)
Table 18 Global Other Optical Imaging Products Market Size, By Geography, 20122019 ($Million)
Table 19 Global Optical Imaging Market Size, By Application, 20122019 ($Million)
Table 20 Global Market Size for Ophthalmology Applications, By Geography, 20122019 ($Million)
Table 21 Global Optical Imaging Market Size for Neurology Application, By Geography, 20122019 ($Million)
Table 22 Global Market Size for Oncology Application, By Geography, 20122019 ($Million)
Table 23 Global Market Size for Dermatology Application, By Geography, 20122019 ($Million)
Table 24 Global Optical Imaging Market Size for Dentistry Application, By Geography, 20122019 ($Million)
Table 25 Global Optical Imaging Market Size for Cardiology Application, By Geography, 20122019 ($Million)
Table 26 Global Market Size, By End User, 20122019 ($Million)
Table 27 Global Market Size for the Pharmaceutical and Biotechnology Industry, By Geography, 20122019 ($Million)
Table 28 Global Optical Imaging Market Size for Research Laboratories, By Geography, 20122019 ($Million)
Table 29 Global Market Size for Hospitals and Clinics, By Geography, 20122019 ($Million)
Table 30 North America: Market Size, By Country, 20122019 ($Million)
Table 31 North America: Market Size, By Product, 20122019 ($Million)
Table 32 North America: Market Size, By Technique, 20122019 ($Million)
Table 33 North America: Market Size, By Application, 20122019 ($Million)
Table 34 North America: Market Size, By End User, 20122019 ($Million)
Table 35 U.S.: Market Size, By Product, 20122019 ($Million)
Table 36 U.S.: Market Size, By Technique, 20122019 ($Million)
Table 37 U.S.: Market Size, By Application, 20122019 ($Million)
Table 38 U.S.: Market Size, By End User, 20122019 ($Million)
Table 39 Canada: Market Size, By Product, 20122019 ($Million)
Table 40 Canada: Market Size, By Technique, 20122019 ($Million)
Table 41 Canada: Market Size, By Application, 20122019 ($Million)
Table 42 Canada: Market Size, By End User, 20122019 ($Million)
Table 43 Europe: Market Size, By Country, 20122019 ($Million)
Table 44 Europe: Market Size, By Product, 20122019 ($Million)
Table 45 Europe: Market Size, By Technique, 20122019 ($Million)
Table 46 Europe: Market Size, By Application, 20122019 ($Million)
Table 47 Europe: Market Size, By End User, 20122019 ($Million)
Table 48 Germany: Market Size, By Product, 20122019 ($Million)
Table 49 Germany: Market Size, By Technique, 20122019 ($Million)
Table 50 Germany: Market Size, By Application, 20122019 ($Million)
Table 51 Germany: Market Size, By End User, 20122019 ($Million)
Table 52 U.K.: Market Size, By Product, 20122019 ($Million)
Table 53 U.K.: Market Size, By Technique, 20122019 ($Million)
Table 54 U.K.: Market Size, By Application, 20122019 ($Million)
Table 55 U.K.: Market Size, By End User, 20122019 ($Million)
Table 56 France: Market Size, By Product, 20122019 ($Million)
Table 57 France: Market Size, By Technique, 20122019 ($Million)
Table 58 France: Market Size, By Application, 20122019 ($Million)
Table 59 France: Market Size, By End User, 20122019 ($Million)
Table 60 Italy: Market Size, By Product, 20122019 ($Million)
Table 61 Italy: Market Size, By Technique, 20122019 ($Million)
Table 62 Italy: Market Size, By Application, 20122019 ($Million)
Table 63 Italy: Market Size, By End User, 20122019 ($Million)
Table 64 Spain: Market Size, By Product, 20122019 ($Million)
Table 65 Spain: Market Size, By Technique, 20122019 ($Million)
Table 66 Spain: Market Size, By Application, 20122019 ($Million)
Table 67 Spain: Market Size, By End User, 20122019 ($Million)
Table 68 ROE: Market Size, By Product, 20122019 ($Million)
Table 69 ROE: Market Size, By Technique, 20122019 ($Million)
Table 70 ROE: Market Size, By Application, 20122019 ($Million)
Table 71 ROE: Market Size, By End User, 20122019 ($Million)
Table 72 Asia-Pacific: Market Size, By Country, 20122019 ($Million)
Table 73 Asia-Pacific: Market Size, By Product, 20122019 ($Million)
Table 74 Asia-Pacific: Market Size, By Technique, 20122019 ($Million)
Table 75 Asia-Pacific: Market Size, By Application, 20122019 ($Million)
Table 76 Asia-Pacific: Market Size, By End User, 20122019 ($Million)
Table 77 Japan: Market Size, By Country, 20122019 ($Million)
Table 78 Japan: Market Size, By Product, 20122019 ($Million)
Table 79 Japan: Market Size, By Technique, 20122019 ($Million)
Table 80 Japan: Market Size, By Application, 20122019 ($Million)
Table 81 Japan: Market Size, By End User, 20122019 ($Million)
Table 82 China: Market Size, By Country, 20122019 ($Million)
Table 83 China: Market Size, By Product, 20122019 ($Million)
Table 84 China: Market Size, By Technique, 20122019 ($Million)
Table 85 China: Market Size, By Application, 20122019 ($Million)
Table 86 China: Market Size, By End User, 20122019 ($Million)
Table 87 India: Market Size, By Country, 20122019 ($Million)
Table 88 India: Market Size, By Product, 20122019 ($Million)
Table 89 India: Market Size, By Technique, 20122019 ($Million)
Table 90 India: Market Size, By Application, 20122019 ($Million)
Table 91 India: Market Size, By End User, 20122019 ($Million)
Table 92 ROAPAC: Market Size, By Country, 20122019 ($Million)
Table 93 ROAPAC: Market Size, By Product, 20122019 ($Million)
Table 94 ROAPAC: Market Size, By Technique, 20122019 ($Million)
Table 95 ROAPAC: Market Size, By Application, 20122019 ($Million)
Table 96 ROAPAC: Market Size, By End User, 20122019 ($Million)
Table 97 ROW: Market Size, By Country, 20122019 ($Million)
Table 98 ROW: Market Size, By Product, 20122019 ($Million)
Table 99 ROW: Market Size, By Technique, 20122019 ($Million)
Table 100 ROW: Market Size, By Application, 20122019 ($Million)
Table 101 ROW: Market Size, By End User, 20122019 ($Million)
Table 102 Middle East & Africa: Market Size, By Country, 20122019 ($Million)
Table 103 Middle East & Africa: Market Size, By Product, 20122019 ($Million)
Table 104 Middle East & Africa: Market Size, By Technique, 20122019 ($Million)
Table 105 Middle East & Africa: Market Size, By Application, 20122019 ($Million)
Table 106 Middle East & Africa: Market Size, By End User, 20122019 ($Million)
Table 107 Latin America: Market Size, By Country, 20122019 ($Million)
Table 108 Latin America: Market Size, By Product, 20122019 ($Million)
Table 109 Latin America: Market Size, By Technique, 20122019 ($Million)
Table 110 Latin America: Market Size, By Application, 20122019 ($Million)
Table 111 Latin America: Market Size, By End User, 20122019 ($Million)
Table 112 New Product Launches, 20112014
Table 113 Expansions, 20112014
Table 114 Agrrements, Partnerships, Collaborations, and Alliances, 20112014
Table 115 Mergers and Acquisitions, 20112014
Table 116 Other Developments, 20112014
 
 
List of Figures (26 Figures) 
 
Figure 1 Global Optical Imaging Market
Figure 2 Research Methodology
Figure 3 Breakdown of Primary Interviews: By Company Type , Designation, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Market Segmentation, By Product
Figure 8 Market Segmentation, By Technique
Figure 9 Market Segmentation, By Application
Figure 10 Market Segmentation, By End User
Figure 11 Technological Innovations, Wide Application Areas, & Changing Demographics to the Demand for Optical Imaging Techniques
Figure 12 Sustainability of Small and Mid-Sized Players in Highly Competitive Market is A Major Challenge
Figure 13 North America Will Continue to Dominate the Global Imaging Techniques Market in 2019
Figure 14 Optical Coherence Tomography Accounts for the Largest Share of More Than 4/5 of Global Optical Imaging Market in 2014
Figure 15 Optical Imaging Systems Will Continue to Dominate the Global Optical Imaging Products Market With More Than 1/2 Market Share in 2019
Figure 16 OCT Imaging Systems Accounts for More Than 4/5 Share of the Global Optical Imaging Systems Market in 2014
Figure 17 North America Will Continue to Dominate the Optical Imaging Application Market in 2019
Figure 18 Ophthalmology Accounts for the Largest  Share of the Global Optical Imaging Application Market
Figure 19 Companies Adopted New Product Launches As the Key Growth Strategy Over the Last Three Years
Figure 20 Battle for Market Share: New Product Launches Was the Key Strategy
Figure 21 Geographic Revenue Mix of Top 5 Market Players
Figure 22 St. Jude Medical, Inc.: Company Snapshot
Figure 23 Topcon Corporation : Company Snapshot
Figure 24 Canon Inc. : Company Snapshot
Figure 25 Perkinelmer Inc.: Company Snapshot
Figure 26 Volcano Corporation: Company Snapshot

The global optical imaging market, estimated to be worth $1,669.2 million in 2019, is expected to grow at a double-digit CAGR during the forecast period of 20142019. This market is mainly driven by the demand for safer, noninvasive, & high-throughput imaging modalities in the end-user markets, and technology advancements in the field of optical imaging. Moreover, rising research activities in the pharmaceutical and biotechnology sectors, and the growing application areas of optical imaging techniques for therapeutic and diagnostic purposes, is also expected to contribute to the growth of the market. However, the market growth is restricted by factors such as stringent government regulations, reimbursement challenges, and the need for high capital expenditure.

The global optical imaging market is segmented by techniques, products, applications and geography. The market is mainly classified by techniques into Optical Coherence Tomography, Hyperspectral Imaging, Near-infrared Spectroscopy and Photoacoustic Tomography. By products, the market is segregated into the optical imaging systems, cameras, software, illumination systems, imaging lenses and others segments. The optical imaging systems market is further subdivided into OCT imaging systems and spectral imagers/spectral imaging systems. Furthermore, on the basis of applications, the market is classified into ophthalmology, neurology, oncology, dentistry, cardiology and dermatology.

By region, the market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). These regions are further analyzed at the country-level. The research report discusses key market drivers, restraints, and opportunities of the global market and its submarkets.

In 2013, the optical coherence tomography (OCT) segment accounted for the largest share of the global market. A major share of the OCT segment can be attributed to its wide and successful clinical applications in ophthalmology, especially for glaucoma and retinal imaging. The OCT segment will continue to dominate this market in 2019, growing at a double-digit CAGR during the forecast period.

North America represented the largest regional market in 2013, followed by Europe, Asia-Pacific, and RoW. North America and Europe are expected to witness a healthy growth rate in coming years owing to growing aging population, along with the increasing incidence of associated disorders related to eye, heart & skin, and increasing research activities in the pharmaceutical and biotechnology sector. On the other hand, the Asia-Pacific region represents the fastest-growing market for optical imaging products. The high growth rate in the Asian market is primarily attributed to the rising need for safer imaging modalities in the region, increasing healthcare awareness, increasing R&D budgets, and the growing number of research laboratories in the region.

Leading players in the optical imaging market include Carl Zeiss Meditec AG (Germany), St. Jude Medical, Inc. (U.S.), Topcon Medical systems, Inc. (U.S.), Canon, Inc., Bioptigen, Inc. (U.S.), Volcano Corporation (U.S.), Headwall Photonics (U.S.), and PerkinElmer, Inc. (U.S.).

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports