Intravascular Optical Coherence Tomography Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
The global intravascular optical coherence tomography (Oct) imaging systems market is predicted to value over US$ 1.5 billion by the end of 2026 and growing at a CAGR of over 7% during the forecast period, 2019 to 2026.
Optical
coherence tomography (OCT) is a high resolution imaging modality that
uses backscattered light to produce cross sectional images of biological tissue
with micrometer resolution. Intravascular OCT uses coherent light in the near
infrared region of the electromagnetic spectrum, as the use of relatively
longer wavelengths enables deeper penetration into highly scattering media.
Intravascular OCT requires the use of an optical fiber and an imaging element
to illuminate and collect back scattered light from the array wall, while
rotating and pulling back the catheter optics at high speed through the lumen
of artery. OCT has been adopted for numerous imaging applications
in the coronaries and is demonstrated to be safe in an unselected and
heterogeneous group of patients in varying clinical settings.
Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Overview
Technological
evolution led to the introduction of the OCT imaging system for intravascular
imaging. OCT offers higher resolution and rapid image acquisition
compared traditional imaging techniques and it led to rapid adoption of OCT
systems over the end users segment. Additionally, it also allows detailed
optimization of stent deployment and decreases medical complications. All these
features made the OCT superior over the imaging modalities in clinical
practices. Further, it has extensive use in research studies and it acts
complementary imaging techniques for existing technologies. Along with this,
growing technologies is expected to increase the adoption of intravascular OCT
imaging systems for patient evaluation and clinical trials. At present, the
market is at nascent phase and it is expected to witness double digit growth
rate during the forecast period.
Developed
economies like North America and Europe are expected to dominate the global
market. They represent more than 60% market share during the forecast period
and expected to remain the same throughout forecast period. Asia Pacific is
fast growing region due to increasing adoption of OCT imaging in clinical
diagnosis. It is expected to gain more traction during forecast period due to
changing economic conditions. Latin America and Rest of the World account small
fraction in global market due to limited adoption and they represents more
opportunistic space for international players
Intravascular
Optical Coherence Tomography (OCT) Imaging Systems market players include
Abbott, CONAVI MEDICAL, LightLab Imaging Inc., and others
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Insights on Global Intravascular Optical Coherence Tomography
Market:
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
As
North America and Europe are developed economies, they are expected to dominate
the global market. They possess 60% share of the market and is expected to
remain unchanged during the forecast period. Asia Pacific, due to a rise in OCT
imaging adoption for clinical diagnosis, is a fast-growing market and is
expected to grow at a faster rate during the forecast period. On the other
hand, due to limited adoption of OCT imaging, Latin America and Rest of the
World acquire a smaller share of the global market. But these regions have
potential and are good opportunity grounds for key market players.
By Implant Type
• Time domain intravascular OCT
• Frequency domain OCT
• Time domain intravascular OCT
• Frequency domain OCT
Frequency
Domain OCT (FD-OCT) is a new and an innovative OCT technique which has a data
acquisition rate of 25mm/s which can help image acquisition during iodinated
contrast injection thus eliminating the need for balloon occlusion. It is far
more efficient than Time Domain OCT (TD-OCT) as it requires proximal balloon
occlusion for an effective “clearance” of light-attenuating RBC’s during image
acquisition. Thus, FD-OCT, due to its high efficiency, will have a higher
growth rate in the North American and European market spaces during the
forecast period as it becomes easy to adopt newer technologies in a patient
pool which has a higher spending capacity. It will take some time for emerging
economies to adopt FD-OCT on a larger scale but it is expected to provide
positive outcome during the forecast period.
By End User
• Hospitals
• Diagnostics Laboratories
• Ophthalmic Clinics
• Outpatient Centres
Hospital segment dominates the global intravascular OCT market and is expected to do the same during the forecast period. This is due to the provision of superior infrastructure and adopting advanced technologies which are limited in case of outpatient centres and diagnostics labs. Although this trend will mainly be seen in the developed economies. The developing economy patient pool will still opt for an outpatient centre or an ophthalmic clinic as their diagnostic fees are lesser as compared to hospitals and therefore these segments will also experience a steady rise in the market during the forecast period.
• Hospitals
• Diagnostics Laboratories
• Ophthalmic Clinics
• Outpatient Centres
Hospital segment dominates the global intravascular OCT market and is expected to do the same during the forecast period. This is due to the provision of superior infrastructure and adopting advanced technologies which are limited in case of outpatient centres and diagnostics labs. Although this trend will mainly be seen in the developed economies. The developing economy patient pool will still opt for an outpatient centre or an ophthalmic clinic as their diagnostic fees are lesser as compared to hospitals and therefore these segments will also experience a steady rise in the market during the forecast period.
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Competitive Landscape:
• Abbott Laboratories
• LightLab Imaging Inc.
• Boston Scientific Corp.
• Terumo Corp.
FutureWise
Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives
of the Study:
• To provide with an exhaustive analysis on the global intravascular optical coherence tomography (OCT) imaging systems market by region, by implant type, by end-user
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and Rest of the World
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
• To provide with an exhaustive analysis on the global intravascular optical coherence tomography (OCT) imaging systems market by region, by implant type, by end-user
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and Rest of the World
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions &
Exclusions)
Market Segmentation
Global
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Overview
Global Intravascular Optical
Coherence Tomography (OCT) Imaging Systems Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Intravascular
Optical Coherence Tomography (OCT) Imaging Systems
Competition
Dynamics
Company Share Analysis (2018)
Top 10 Product Pricing by
Region
Global
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(USD Mn), 2018-2026 by Implant Type
Key Market Findings
Long Term ROI Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Global
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(USD Mn), 2018-2026 by End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Global
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(USD Mn), 2018-2026 by Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(US$ Mn), 2018-2026
Key Market Findings
Long Term ROI
Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Country, 2018-2026
US
Canada
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Latin America
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(US$ Mn), 2018-2026
Key Market Findings
Long Term ROI
Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Country, 2018-2026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Europe America
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Revenue
(US$ Mn), 2018-2026
Key Market Findings
Long Term ROI
Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Country, 2018-2026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Asia Pacific
America Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI
Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Country, 2018-2026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging
Asia
Japan
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Rest of World
America Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI
Segments
Revenue Opportunity
Influencing Factors
Market Revenue (USD Mn)
Assessment and Forecast by Country, 2018-2026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn)
Assessment and Forecast by Implant Type, 2018-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn)
Assessment and Forecast by End User, 2018-2026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Company Profiles
Competition Landscape
Global Company Share (USD Mn)
Overview, 2018
Company Profiles
Abbott
Corporate Overview
Financial
Performance
Peer Comparison
& 3C marketing equation
Company Strategy
& Channel Management
CONAVI MEDICAL
Corporate Overview
Financial
Performance
Peer Comparison
& 3C marketing equation
Company Strategy
& Channel Management
LightLab Imaging Inc.
Corporate Overview
Financial
Performance
Peer Comparison
& 3C marketing equation
Company Strategy
& Channel Management
Others
Corporate Overview
Financial
Performance
Peer Comparison
& 3C marketing equation
Company Strategy
& Channel Management
Research Sources
& Primary Verbatim
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Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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