The global Optical Coherence Tomography Angiography Market is forecast to reach USD 2,473.3 Million by 2028, according to a new report by Reports and Data. Optical Coherence Tomography Angiography is an effective optical diagnostics that emits a 2D view of the retina to help in ophthalmological treatments and tests.
The market is mainly propelled by the growing need for this technology across various domains of healthcare and life sciences. The market has been accentuated by the emergence of new technologies and furthered by the growing relevance of medical applications. The market is not only confined to ophthalmology and has plunged across other medical realms such as nephrology, dermatology, and oncology.
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Market Overview:
Further key findings from the report suggest
- Doppler Optical Coherence Tomography Angiographycombines the Doppler Effect principle as a whole, which result in tomographic images with high resolution. There are two types of Doppler OCT: Fourier Domain Doppler OCT and Time domain Doppler OCT. Due to high spatial resolution and velocity sensitivity, Doppler OCT has its own position in the field of biomedical research and clinical medicine.
- Growth in the incidences of diabetic retinopathy, along with advancement in healthcare products for proper and effective treatment of the patients, will propel the demand for the market. The growing adoption of innovative imaging diagnostic products for the treatment is expected to flourish the growth of the market.
- The driver for advances in Optical Coherence Tomography Angiography technology for imaging skin has been a growing interest in imaging skin cancer, mostly, nonmelanoma skin cancer. There are several other features that can be mistaken for tumors in Optical Coherence Tomography Angiography images, such as cysts, hair follicles, and benign growths, hence, high image resolution is needed to distinguish successfully.
- Europe captured the second largest market of Optical Coherence Tomography Angiography in 2020. European countries such as Germany, the U.K., and others are expected to be the major contributors to the growth of the market owing to the rise in the number of patients affected with eye disorders.
Key Players covered in this report are
Topcon Medical Systems Inc., Heidelberg Engineering GmbH, Carl Zeiss Meditec AG, Michelson Diagnostics Ltd., Agfa Healthcare, Novacam Technologies Inc., Thorlabs Inc., Boston Scientific Corporation, Abbott Laboratories, and Optovue, Inc., among others.
Type Outlook (Revenue, USD Billion; 2020-2028)
- Catheter-based OCT devices
- Doppler OCT devices
- Handheld OCT devices
- Tabletop OCT devices
Technology Outlook (Revenue, USD Billion; 2020-2028)
- Frequency Domain OCT (FD-OCT)
- Time Domain OCT (TDOCT)
- Spatial Encoded Frequency Domain OCT
Application Outlook (Revenue, USD Billion; 2020-2028)
- Ophthalmology
- Oncology
- Cardiovascular
- Dermatology
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Optical Coherence Tomography Angiography industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Optical Coherence Tomography Angiography manufacturers and provides valuable insight into the market for companies and individuals.
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