The Worldwide Optical Imaging Market is Projected to reach USD 3.1 Billion by 2028, at a CAGR of 13.1%

Optical Imaging Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Optical Imaging Market size is expected to reach $3.1 billion by 2028, rising at a market growth of 13.1% CAGR during the forecast period.

The Camera segment is showcasing a CAGR of 13.6% during (2022 - 2028). This is because today's powerful medical cameras can see where the human eye cannot, and they can be used for surgery, therapy delivery, diagnosis, and even the development of future therapies. There is an increasing need for less invasive procedures. Illnesses, including arthritis, cancer, and cardiovascular conditions, are becoming more common among people.

The Hospitals & Clinics segment acquired maximum revenue share in the Global Optical Imaging Market by End User in 2021 thereby, achieving a market value of $1.6 billion by 2028. This is because of the usage of optical imaging or ophthalmological diagnostic imaging and cancer screening procedures by hospitals and clinics. Cardiology, neurology, and dermatology all make use of these technologies. Also, there is an expansion of usage for optical imaging methods across a range of therapeutic fields, joined with the rising demand for optical imaging goods among hospitals, which is expected to drive the segment’s growth.

The Optical Coherence Tomography segment has shown the growth rate of 12.8 % during (2022 - 2028). This is due to the consequence of developments in the medical technology industry. There is a growing need for improved methods and safer diagnostic processes. The growing older population, the prevalence of chronic illnesses, and the need for safer diagnostic procedures all contribute to the need for noninvasive diagnostic imaging technologies.

The Pathological Imaging segment is generating highest revenue share in the Global Optical Imaging Market by Application in 2021 thereby, achieving a market value of $2.2 billion by 2028. This is due to the growth in chronic illnesses brought on by an increase in sedentary lifestyle adoption, which results in poor eating habits and insufficient exercise, a rise in the population of the elderly, and an increase in the use of processed foods. Hence, the pathological segment is anticipated to propel due to the increasing number of chronic diseases.

The Ophthalmology segment is poised to grow at a CAGR of 12.7% during (2022 - 2028). This is owing to the rising number of ocular treatments carried out annually all around the world. The market in emerging nations has significant development potential due to the growing awareness of optical equipment. The rising need for affordable OCT systems creates opportunities for the market to thrive. In addition, there is a growing frequency of ophthalmic illnesses and the aging population, which will further boost the segment's growth.

The North America market dominated the Global Optical Imaging Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1 billion by 2028. The Europe market is exhibiting a CAGR of 12.4% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 14.1% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/optical-imaging-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Carl Zeiss AG, Leica Microsystems GmbH (Danaher Corporation), Abbott Laboratories, Canon, Inc. (Canon Medical Systems Corporation), PerkinElmer, Inc., Topcon Corporation, Hamamatsu Photonics K.K., Koninklijke Philips N.V., Heidelberg Engineering, Inc. and Visionix Ltd.

Global Optical Imaging Market Segmentation

By Product

• Imaging Systems
• Illuminating Systems
• Camera
• Software
• Lenses & Others

By End User

• Hospitals & Clinics
• Research Laboratories
• Pharmaceutical & Biotechnology Companies

By Technique

• Optical Coherence Tomography
• Near Infrared Spectroscopy
• Hyperspectral Imaging
• Photoacoustic Tomography

By Application

• Pathological Imaging
• Intraoperative Imaging

By Therapeutic Area

• Oncology
• Ophthalmology
• Cardiology
• Dermatology
• Neurology
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Carl Zeiss AG
• Leica Microsystems GmbH (Danaher Corporation)
• Abbott Laboratories
• Canon, Inc. (Canon Medical Systems Corporation)
• PerkinElmer, Inc.
• Topcon Corporation
• Hamamatsu Photonics K.K.
• Koninklijke Philips N.V.
• Heidelberg Engineering, Inc.
• Visionix Ltd.

Related Reports:

North America Optical Imaging Market Size & Share to 2028

• March-2023
• 112 Pages

LAMEA Optical Imaging Market Size & Growth Trends to 2028

• March-2023
• 125 Pages

Europe Optical Imaging Market Size & Forecast by 2022-2028

• March-2023
• 126 Pages

Asia Pacific Optical Imaging Market Size & Growth to 2028

• March-2023
• 128 Pages