Optical Coherence Tomography Market Analysis | United States | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 4/1/2017
- Pages: 207
- Type: MedCore
General Report Contents Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends Market Drivers & Limiters for each chapter segment Competitive Analysis for each chapter segment Section on recent mergers & acquisitionsThese hybrid deviceswhich combine OCTs with devices such as fundus cameras, scanning laser ophthalmoscopes (SLO), or angiography devicesallow ophthalmologist to be more efficient with both their time and space in their practices. This increase in efficiency can lead directly to increased profits for ophthalmologists. The market for standalone OCT has been around for some time now and so new machines are being sold to replace older technology. Spectral domain equipment is frequently being positioned in the market as a replacement for older time-domain technology.The unit sale growth of the OCT market is expected to continue; however, it will slow throughout the forecast as the initial growth of hybrid devices also slows. Once this initial growth has ended it should stabilize to a low growth rate correlated to natural growth in the number of ophthalmic practices as populations grow. In addition, the replacement market will be stimulated over the forecast period as early users of OCTs are expected to upgrade to more advanced models. Also, optometrists have begun to purchase standalone OCT equipment.Both hybrid OCTs and standalone OCTs ASPs are expected to slightly increase throughout the forecast. This increase will become more apparent when viewing the total OCT market because hybrid OCTs are gaining more market share and are a premium device. Technological advancement and the introduction of more hybrid devices will counteract any price drops due to competition.
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