Global Ophthalmology Optical Coherence Tomography (OCT) Market Analysis and Forecast Over $ 525 Million, 2016-2020 and 2021-2026

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Dublin, Nov 18, 2021 (GLOBE NEWSWIRE) – The report “Optical Coherence Tomography (OCT) for Ophthalmology – Global Market Trajectory and Analysis” has been added to ResearchAndMarkets.com offer.

Global Ophthalmology Optical Coherence Tomography (OCT) Market To Reach $ 754.4 Million By 2026

Amid the COVID-19 crisis, the global optical coherence tomography (OCT) for ophthalmology market, estimated at US $ 526.2 million in 2020, is expected to reach a revised size of US $ 754.4 million. US dollars by 2026, with a CAGR of 6.3%. over the analysis period.

The aging of the population, the increasing prevalence of eye diseases, the rapid increase in the diabetic population and the increasing attention to reducing health care costs continue to drive the demand for ophthalmic diagnostic equipment. As the average lifespan increases, the incidence of ophthalmic and eye conditions increases, which is a natural phenomenon of aging.

In addition, lifestyle trends and increasing levels of pollution in both developed and developing countries have put ever increasing numbers of people at risk of developing potential eye allergies, hypersensitivity to environmental elements such as pollen, dust and dry eye syndrome, among others.

A key trend in the space is the integration of various devices into one piece of equipment. The ongoing switch to spectral domain OCT from time domain OCT is driving the growth of the market. OCT in the spectral domain, an advance in imaging technology, enables efficient examination of ocular pathologies.

Another source of growth in the segment is the integration of integrated devices such as fundus cameras and OCT scanning laser ophthalmoscopes. OCT systems software upgrades introduce advanced analysis of disease progression with a greater range of data capture and imaging.

Conventional OCT systems, one of the segments analyzed in the report, is expected to grow at a CAGR of 5.8% to reach $ 667.4 million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis it induces, the growth of the portable and integrated Oct systems segment is readjusted to a revised CAGR of 8.9% for the next 7-year period.

This segment currently accounts for a 14.6% share of the global optical coherence tomography (OCT) market for ophthalmology. Portable OCT systems are gaining ground instead of their affordability and portable design, and also because of their improved abilities to solve image quality issues and lack of technological infrastructure, a major reason which hinders the adoption of traditional OCT systems.

Portable instruments make it easier to screen large numbers of patients outside of traditional healthcare settings, in a relatively much shorter period of time than conventional OCT systems.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Impact of COVID-19 on ophthalmology services

  • Ophthalmologists Prepare to Recover Losses After Pain Phase Induced by COVID-19

  • Optical coherence tomography (OCT): an introduction

  • Outlook: Focusing on Preventive Health Care to Improve Demand

  • Developing markets driving momentum

  • Rising Incidence of Eye Diseases Stimulates Demand for OCT Devices

  • Key statistics on ophthalmic diseases

  • Competitive scenario

  • Recent industry activity

  • Brands of the world

2. FOCUS ON CERTAIN PLAYERS (Total 26 featured)

3. MARKET TRENDS AND FACTORS

  • Adaptive optics and OCT enable high resolution in-vivo retinal imaging

  • Improve the quality of retinal imaging

  • Continued efforts to improve imaging

  • Handheld devices to expand the clinical acceptance of optical coherence tomography

  • Portable OCT devices are ready to make big gains

  • Advances in OCT systems for high quality imaging of the anterior segment of the eye

  • OCT angiography: a growing market with high potential

  • Intraoperative OCT Grows in Importance as a Valuable Tool for Image-Guided Surgical Care

  • Intraoperative OCT appears poised to transform the field of surgical eye care

  • Rising incidence of diabetic retinopathy opens up significant opportunities

  • OCT revolutionizes the clinical management of diabetic macular edema

  • Rising prevalence of diabetes fuels growth

  • Growing role of OCT in the assessment of optic neuropathies bodes well

  • Combined OCT / Fundus systems expand ophthalmology opportunities

  • OCT at home emerges as a new growth vertical

  • Integration of OCT in surgical microscopy: the current trend

  • OCT devices gain in demand as diagnostic application of lasers receives considerable attention

  • OCT evolves as an important tool in the management of glaucoma

  • Optical coherence tomography will provide meaningful insight into AMD progression

  • Deep learning algorithms step in to expand the reach and breadth of OCT

  • Spectral-Domain OCT for the prognosis and management of retinal pathologies

  • Growing Aging Population and Associated Eye Diseases Stimulate Demand

4. WORLD MARKET PERSPECTIVE

  • 11-Year Global Outlook for Optical Coherence Tomography (OCT) for Ophthalmology by Geographic Region – Percentage Distribution of Sales Value for United States, Canada, Japan, China, Europe, L ” Asia-Pacific and the rest of the world for the years 2016, 2021 and 2027

  • 11-Year Global Outlook for Conventional OCT Systems by Geographic Region – Percentage Distribution of Sales by Value for United States, Canada, Japan, China, Europe, Asia-Pacific and Rest of the World for the years 2016, 2021 and 2027

  • TABLE 9: Global 11-Year Outlook for Portable and Integrated OCT Systems by Geography – Percentage Distribution of Sales Value for US, Canada, Japan, China, Europe, Asia- Pacific and the rest of the world for the years 2016, 2021 and 2027

III. REGIONAL MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/45mhi7

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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