Optical Coherence Tomography Market is Expected to Witness Rapid Growth by 2027 | Carl Zeiss Meditec AG, Santec Corporation, Heidelberg Engineering GmbH, Michelson Diagnostics Ltd.

VALLEY COTTAGE, N.Y. – Manufacturers in the global optical coherence tomography market are focussing on developing different product types such as spectral domain-OCT devices to retain larger market share. In a new report titled “Optical Coherence Tomography Market: Global Industry Analysis and Opportunity Assessment, 2017–2027” the analysts of Future Market Insights have observed that optical coherence tomography manufacturing companies are entering into mergers and acquisitions with medical device manufacturers or ophthalmic equipment manufacturers to expand their product type portfolio and market presence across the globe. Furthermore, they have noticed that the companies are focussing on the advancement of technology for different optical coherence tomography products such as spectral domain-OCT and other devices in order to reduce costs and thus compete in the market with reduced prices.

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As far as regional analysis is concerned we have observed that North America represents the most lucrative market, followed by Western Europe and Asia Pacific Excluding Japan, while the optical coherence tomography market in MEA is expected to record comparatively less growth due to low awareness among key stakeholders such as patients and healthcare professionals.

Market Segmentation

By Product Type

• Spectral Domain-OCT
• Swept Source-OCT
• Others

By Application

• Ophthalmology
• Dermatology
• Cardiovascular
• Dental
• Others

By End User

• Hospitals
• Ophthalmology Clinics
• Dermatology Clinics
• Dental Clinics
• Ambulatory Surgical Centres
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East and Africa

Research Methodology

Macro-economic indicators such as healthcare industry outlook, healthcare spending, prevalence of respiratory disease, gross domestic product and others have been considered to arrive at the indicated market numbers. Yearly change in inflation rate has not been considered while forecasting market numbers. Weighted Average Selling Price (ASP) has been considered to deduce market values. The analysts have covered the various market segments extensively while examining the global optical coherence tomography market. Market analysis has been done in terms of Basis Point Share, Y-o-Y growth projections, market attractiveness analysis and market size and value. This extensive report focusses on highlighting sales of optical coherence tomography products across the globe.

The analysts have collected insightful information through sources such as World Bank, IMF, companies’ annual and financial reports and industry associations’ publications. In-depth secondary research is used to ascertain overall market size, top industry players, products and industry associations. In order to conduct expert and industry interviews, Future Market Insights has formulated a detailed discussion guide. The analysts have conducted interviews with industry experts, players, distributors and retailers.

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The forecast presented in this report assesses total revenue of the global optical coherence tomography market. When developing the forecast of the market, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of the market, we have triangulated the outcome on the basis of analysis based on supply and demand sides.

The report also takes into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the global optical coherence tomography market. As previously highlighted, the market for global optical coherence tomography is split into various categories. All these segments have been analysed in terms of basis point share to understand segmental contribution to overall market growth. This detailed level of information is important for identifying various key trends in the global optical coherence tomography market.

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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