Product Description
Overall, the global optical coherence tomography market was valued at approximately $700 million in 2022. This is expected to increase over the forecast period at a CAGR of 4.0% to reach approximately $921 million.
Throughout this medical market research, we analyzed over 20 OCT companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global optical coherence tomography market includes standalone OCT and hybrid OCT.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2029, and Historical Data to 2019
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Optical Coherence Tomography Market Insights
One of the primary factors constraining the OCT (Optical Coherence Tomography) market is its steep pricing. Typically, these devices come with a price tag ranging from $50,000 to $95,000, which varies depending on the brand, geographical location, and the specific device model. While a substantial reduction in pricing isn’t anticipated, there remains a prevailing demand for companies to make modest adjustments to lower costs.
Global Optical Coherence Tomography Market Share Insights
- In the optical coherence tomography market of 2022, Carl Zeiss Meditec stood as the dominant leader. The company engaged in competition with four distinct OCT systems, with the PRIMUS 200 from Zeiss being its most compact and affordable basic OCT machine. Additionally, Zeiss boasted a range of more advanced machines, namely the CIRRUS 6000 and CIRRUS 5000, equipped with sophisticated software and an array of other advanced features.
- Heidelberg Engineering secured the second-ranking position within the optical coherence tomography market, offering a diverse array of products that included the OCT SPECTRALIS, HRA+OCT SPECTRALIS, and HRA SPECTRALIS.
- In 2022, Visionix occupied the third-ranking spot among OCT market competitors. The company contended in the market with its Optovue’s OCT iFusion80, iScan80, and iScan devices.
Market Segmentation Summary
- Standalone Optical Coherence Tomography Market
- Hybrid Optical Coherence Tomography Market
Global Research Scope Summary
| Report Attribute | Details |
|---|---|
| Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2022 |
| Forecast | 2023-2039 |
| Historical Data | 2019-2022 |
| Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
CONTACT US FOR ADDITIONAL INFORMATION
For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.
