The Latin America, Middle East and Africa Optical Coherence Tomography (OCT) Market would witness market growth of 11.8% CAGR during the forecast period (2022-2028).
Adopting optical coherence tomography equipment in surgical operations like angioplasty will increase the size of the optical coherence tomography (OCT) market over the projected year. During surgical procedures, medical personnel employs OCT to collect images of blood vessels as well as other tissues that assist them in concentrating on accuracy during challenging surgeries.
Since it is non-destructive and contactless, optical coherence tomography is increasingly used for quality control and analysis applications across industries. This, combined with the demand for OCT imaging systems expanding quickly, is anticipated to increase the market share for optical coherence tomography. In addition, inline inspection of multilayered structures during manufacturing processes has produced encouraging results for optical coherence tomography.
The industry is distinguished by expanded R&D activities, creation of several original goods, and cutting-edge hybridization technologies. For example, for application in biomedicine and other industries, Novacam Technologies Inc., one of the leading optical coherence tomography businesses, develops and manufactures highly precise, sophisticated 3D metrology solutions. The core of the company's gadgets is low-coherence interferometry and non-contact fiber-based scanning probes.
The Argentine government has also developed an interoperability center where all stakeholders (public and private) can work together to produce synergies that should lead to improved patient results. In Brazil, the pandemic catalyzed and streamlined the development of numerous digital health policies. One of the key goals is the creation of legitimate regulating bodies (such as the Rede Nacional de Dados em Sade, or National Health Data Network) to implement a significant data-driven healthcare plan that uses technology. The organization and delivery of healthcare in the region may be dramatically changed as a result of this upheaval, according to Brazilian specialists. As a result, the large activities underway in the region to support healthcare delivery are the key drivers fueling the growth of the region's optical coherence tomography (OCT) market.
The Brazil market dominated the LAMEA Optical Coherence Tomography (OCT) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $39.5 million by 2028. The Argentina market is experiencing a CAGR of 12.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.5% during (2022 - 2028).
Based on Type, the market is segmented into Handheld OCT Devices, Tabletop OCT Devices, and Catheter-based OCT. Based on End User, the market is segmented into Hospitals, Clinics, and Others. Based on Application, the market is segmented into Ophthalmology, Cardiovascular, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Optical Coherence Tomography (OCT) Market is Projected to reach USD 2.1 Billion by 2028, at a CAGR of 8.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Carl Zeiss AG, Danaher Corporation, Metall Zug AG (Haag-Streit AG), Nidek Co., Ltd., Thorlabs, Inc., Topcon Corporation, Agfa-Gevaert N.V. (IG arben), Heidelberg Engineering, Inc. (Heidelburg Engeneering GmbH), and Novacam Technologies Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Handheld OCT Devices
- Tabletop OCT Devices
- Catheter-based OCT
By End User
By Application
- Ophthalmology
- Cardiovascular
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Carl Zeiss AG
- Danaher Corporation
- Metall Zug AG (Haag-Streit AG)
- Nidek Co., Ltd.
- Thorlabs, Inc.
- Topcon Corporation
- Agfa-Gevaert N.V. (IG Farben)
- Heidelberg Engineering, Inc. (Heidelburg Engeneering GmbH)
- Novacam Technologies Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Optical Coherence Tomography (OCT) Market, by Type
1.4.2 LAMEA Optical Coherence Tomography (OCT) Market, by End User
1.4.3 LAMEA Optical Coherence Tomography (OCT) Market, by Application
1.4.4 LAMEA Optical Coherence Tomography (OCT) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Feb – 2023, Feb) Leading Players
Chapter 4. LAMEA Optical Coherence Tomography (OCT) Market by Type
4.1 LAMEA Handheld OCT Devices Market by Country
4.2 LAMEA Tabletop OCT Devices Market by Country
4.3 LAMEA Catheter-based OCT Market by Country
Chapter 5. LAMEA Optical Coherence Tomography (OCT) Market by End-user
5.1 LAMEA Hospitals Market by Country
5.2 LAMEA Clinics Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Optical Coherence Tomography (OCT) Market by Application
6.1 LAMEA Ophthalmology Market by Country
6.2 LAMEA Cardiovascular Market by Country
6.3 LAMEA Others Market by Country
Chapter 7. LAMEA Optical Coherence Tomography (OCT) Market by Country
7.1 Brazil Optical Coherence Tomography (OCT) Market
7.1.1 Brazil Optical Coherence Tomography (OCT) Market by Type
7.1.2 Brazil Optical Coherence Tomography (OCT) Market by End-user
7.1.3 Brazil Optical Coherence Tomography (OCT) Market by Application
7.2 Argentina Optical Coherence Tomography (OCT) Market
7.2.1 Argentina Optical Coherence Tomography (OCT) Market by Type
7.2.2 Argentina Optical Coherence Tomography (OCT) Market by End-user
7.2.3 Argentina Optical Coherence Tomography (OCT) Market by Application
7.3 UAE Optical Coherence Tomography (OCT) Market
7.3.1 UAE Optical Coherence Tomography (OCT) Market by Type
7.3.2 UAE Optical Coherence Tomography (OCT) Market by End-user
7.3.3 UAE Optical Coherence Tomography (OCT) Market by Application
7.4 Saudi Arabia Optical Coherence Tomography (OCT) Market
7.4.1 Saudi Arabia Optical Coherence Tomography (OCT) Market by Type
7.4.2 Saudi Arabia Optical Coherence Tomography (OCT) Market by End-user
7.4.3 Saudi Arabia Optical Coherence Tomography (OCT) Market by Application
7.5 South Africa Optical Coherence Tomography (OCT) Market
7.5.1 South Africa Optical Coherence Tomography (OCT) Market by Type
7.5.2 South Africa Optical Coherence Tomography (OCT) Market by End-user
7.5.3 South Africa Optical Coherence Tomography (OCT) Market by Application
7.6 Nigeria Optical Coherence Tomography (OCT) Market
7.6.1 Nigeria Optical Coherence Tomography (OCT) Market by Type
7.6.2 Nigeria Optical Coherence Tomography (OCT) Market by End-user
7.6.3 Nigeria Optical Coherence Tomography (OCT) Market by Application
7.7 Rest of LAMEA Optical Coherence Tomography (OCT) Market
7.7.1 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Type
7.7.2 Rest of LAMEA Optical Coherence Tomography (OCT) Market by End-user
7.7.3 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Application
Chapter 8. Company Profiles
8.1 Abbott Laboratories
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Approvals and Trials:
8.1.6 SWOT Analysis
8.2 Topcon Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Danaher Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.4 Carl Zeiss AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Metall Zug AG (Haag-Streit AG)
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.6 Agfa-Gevaert N.V. (IG Farben)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.7 Nidek Co., Ltd.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.8 Heidelberg Engineering, Inc. (Heidelburg Engeneering GmbH)
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Thorlabs, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Novacam Technologies Inc.
8.10.1 Company Overview
TABLE 1 LAMEA Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Optical Coherence Tomography (OCT) Market
TABLE 4 Product Launches And Product Expansions– Optical Coherence Tomography (OCT) Market
TABLE 5 Acquisition and Mergers– Optical Coherence Tomography (OCT) Market
TABLE 6 approvals and trials – Optical Coherence Tomography (OCT) Market
TABLE 7 LAMEA Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Handheld OCT Devices Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Handheld OCT Devices Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Tabletop OCT Devices Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Tabletop OCT Devices Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Catheter-based OCT Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Catheter-based OCT Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 16 LAMEA Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 17 LAMEA Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Clinics Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Clinics Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 24 LAMEA Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 25 LAMEA Ophthalmology Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Ophthalmology Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Cardiovascular Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Cardiovascular Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Optical Coherence Tomography (OCT) Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Optical Coherence Tomography (OCT) Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 34 Brazil Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 35 Brazil Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 38 Brazil Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 39 Brazil Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 41 Argentina Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 42 Argentina Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 43 Argentina Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 46 Argentina Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 47 Argentina Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 49 UAE Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 50 UAE Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 51 UAE Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 54 UAE Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 55 UAE Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 65 South Africa Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 66 South Africa Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 67 South Africa Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 70 South Africa Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 71 South Africa Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 78 Nigeria Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 79 Nigeria Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Optical Coherence Tomography (OCT) Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Optical Coherence Tomography (OCT) Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Optical Coherence Tomography (OCT) Market by End-user, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Optical Coherence Tomography (OCT) Market by End-user, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Optical Coherence Tomography (OCT) Market by Application, 2022 - 2028, USD Million
TABLE 89 Key Information – Abbott Laboratories
TABLE 90 key Information – Topcon Corporation
TABLE 91 Key Information – Danaher Corporation
TABLE 92 key Information – Carl Zeiss AG
TABLE 93 Key Information – Metall Zug AG
TABLE 94 Key information – Agfa-Gevaert N.V.
TABLE 95 Key Information – Nidek Co., Ltd.
TABLE 96 key Information – Heidelberg Engineering, Inc.
TABLE 97 Key Information – Thorlabs, Inc.
TABLE 98 Key Information – Novacam Technologies Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Feb – 2023, Feb) Leading Players
FIG 5 Swot analysis: Abbott laboratories
FIG 6 Recent strategies and developments: Topcon Corporation
FIG 7 Recent strategies and developments: Nidek Co., Ltd.