Market growth influenced due to following factors-
Rising aging population, increasing research & development activities in the life sciences sector.Increasing applications of optical imaging techniques in drug discovery processes and preclinical research.Global market size-
According to the new market research report Optical Imaging Market is projected to reach $3.3 billion by 2026, at a CAGR of 14.8%.
Leading Players -
Some of the prominent players in this market are Carl Zeiss Meditec AG (Germany), Abbott Laboratories (US), Topcon Corporation (Japan), Canon Inc. (Japan), and Koninklijke Philips (Netherlands).
Top Segments -
Based on products, the optical imaging market is divided into imaging systems, cameras, software, lenses, illumination systems, and others. The imaging systems segment dominated the market in 2020. The large share of this segment is mainly attributed to its wide applications in ophthalmology and rising adoption in medical diagnostics & clinical research.
Based on technique, the optical imaging market is broadly categorized into optical coherence tomography (OCT), hyper spectral imaging (HIS), near-infrared spectroscopy (NIRS), and photoacoustic tomography (PAT). The OCT technique commanded the largest share of the global market; this segment will continue to dominate the global market by 2026. The large share of this market can be attributed to its wide acceptance for research and clinical diagnostics in ophthalmology, oncology, cardiology, dermatology, neurology, and other clinical areas.
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Geographic Overview -
The Asia Pacific market is comparatively new to optical imaging; however, this region is expected to register the highest growth in the coming years. Countries such as Australia, Japan, New Zealand, South Korea, and Singapore are expected to provide significant growth opportunities for vendors of optical imaging.
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