Optical Coherence Tomography (OCT) Devices Market in United States, United Kingdom– Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Optical Coherence Tomography (OCT) Devices Market – Report Overview

Pacific Business Consulting’s “Optical Coherence Tomography (OCT) Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Optical Coherence Tomography (OCT) Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Optical Coherence Tomography (OCT) Devices market exceeded a valuation of over US$ 1.4 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 7.0% from 2023 to 2030. The market is expected to potentially surpass US$ 2.5 Billion by 2030.

The increasing prevalence of vision impairment due to various disease causes is a significant driver for the Optical Coherence Tomography (OCT) devices market. According to data from The International Agency for the Prevention of Blindness (IAPB) in 2020, approximately 1.1 billion people globally suffered from blindness, and their research estimated that 2 to 3 billion people needed access to eye care facilities to optimize their vision and societal functioning.

Primary causes of vision loss, such as uncorrected refractive errors, cataracts, glaucoma, age-related macular degeneration, and diabetic retinopathy, affect a substantial population. In 2020, cataracts were the leading cause of vision loss in individuals above 50 years, with 15.2 million cases, as reported by the World Health Organization. The increasing incidence of cataracts contributes to the demand for OCT devices, crucial in cataract surgeries for preoperative planning, intraoperative treatments, and postoperative care. Therefore, the growing prevalence of cataracts and the need to alleviate the burden of vision impairment are anticipated to drive the OCT devices market during the forecast period (2023-2030).

Another significant factor fuelling the demand for OCT devices is the rising prevalence of cardiovascular diseases. According to the World Health Organization’s 2023 data, cardiovascular diseases (CVDs) are the leading cause of global mortality, accounting for an estimated 17.9 million deaths annually. Various CVDs, including myocardial infarction, congestive heart failure, and acute coronary syndrome, contribute to this statistic. A considerable portion of CVD deaths involves strokes and heart attacks, with one-third occurring prematurely in individuals under 70 years.

To enhance cardiovascular disease diagnosis and reduce mortality rates, OCT technology is now applied in cardiovascular disease diagnostics. OCT, as an intra-coronary diagnostic technique, provides detailed imaging of blood vessels in cardiac catheterization laboratories. The high resolution of OCT enables superior delineation of each structure compared to other techniques, offering reliable visualization of normal and diseased arteries. This contributes to the increased demand for OCT devices in the forecast period from 2023 to 2030.

The OCT devices market is poised for positive growth due to factors such as the rising prevalence of ocular diseases like cataracts, the increasing incidence of cardiovascular diseases such as myocardial infarction, a growing global geriatric population, and ongoing product development activities related to OCT devices, among other factors.

However, the market growth may face constraints due to technology-related limitations and the comparatively high cost of OCT devices compared to alternative counterparts.

Leading players in the Optical Coherence Tomography (OCT) Devices segment, including HAAG-STREIT GROUP, OPTOPOL Technology, Acqiris, Novacam Technologies, Inc., Thorlabs, Inc., Topcon Corporation, Santec Corporation, Optovue, Incorporated, Abbott, Terumo Corporation, ZEISS Group, Leica Microsystems, Canon Medical Systems Europe B.V, Lumedica, are expected to play a crucial role in shaping the future landscape of Optical Coherence Tomography (OCT) Devices technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Optical Coherence Tomography (OCT) Devices market. It also delves into the analysis of present and prospective market competition within the global Optical Coherence Tomography (OCT) Devices market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Optical Coherence Tomography (OCT) Devices market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Optical Coherence Tomography (OCT) Devices market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Optical Coherence Tomography (OCT) Devices
   • Global Market Outlook: Optical Coherence Tomography (OCT) Devices
2. Competitive Intelligence Analysis: Optical Coherence Tomography (OCT) Devices
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Optical Coherence Tomography (OCT) Devices
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Optical Coherence Tomography (OCT) Devices
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Optical Coherence Tomography (OCT) Devices: Ten Major Market (10MM) – Market Analysis, By Product
   • Time-Dependent OCT Devices
   • Swept-Source OCT Devices
   • Spectral Domain OCT Devices
   • Fourier-Dependent OCT Devices
9. Optical Coherence Tomography (OCT) Devices: Ten Major Market (10MM) – Market Analysis, By Medical Specialty
   • Cardiology
   • Ophthalmology
   • Others
10. Optical Coherence Tomography (OCT) Devices: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals
    • Specialty Clinics
    • Research & Academic Institutes
11. Optical Coherence Tomography (OCT) Devices: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

12. S. Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

13. K. Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

14. Germany Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

15. France Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

16. Italy Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

17. Spain Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

18. Japan Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

19. China Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

20. Australia Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

21. India Optical Coherence Tomography (OCT) Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Medical Specialty
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Medical Specialty
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer