Discover trends, market shifts, and competitive outlooks for the optical coherence tomography industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has the Optical Coherence Tomography Market Growth Performance Trended Historically, And What Lies Ahead?

In recent years, the size of the optical coherence tomography market has seen significant growth. The market size is set to increase from $1.89 billion in 2024 to $2.12 billion in 2025, translating to a compound annual growth rate (CAGR) of 12.1%. The growth throughout this historic period can be linked to several factors including the global pandemic’s impact, patient preference, competition within the market, expedited research & development, supportive regulatory policies, and the downsizing of devices.

The market size of optical coherence tomography is predicted to experience fast expansion in the coming years, reaching $3.59 billion by 2029 with a compound annual growth rate (CAGR) of 14.1%. The projected growth during this period is linked to the rise in healthcare spending, a focus on patient-oriented approaches, and an increase in the occurrence of eye-related diseases. Key trends that could characterise this forecast period include the integration of oct in surgical procedures, shifts in regulatory environments, the rise of telemedicine and distance consultations, and market competition prompting innovation.

Download a free sample to assess the report’s scope and structure:

https://www.thebusinessresearchcompany.com/sample.aspx?id=8231&type=smp

What are the Fundamental Drivers and Innovations Shaping the Optical Coherence Tomography Market?

The escalating occurrence of eye-related disorders worldwide is anticipated to propel the expansion of the optical coherence tomography market. Cataract, glaucoma, diabetic retinopathy, and age-related macular degeneration (AMD) are the primary worldwide causes of vision impairment and blindness. The upsurge in eye diseases incites a growing demand for sophisticated diagnostic tools like optical coherence tomography systems. As an illustration, the World Health Organization (WHO), a United Nations specialist agency based in Switzerland, reports that more than 2.2 billion people worldwide are affected by near-or vision problems due to eye conditions like refractive error, cataract, glaucoma, diabetic retinopathy, among others. On a global scale, age-related macular degeneration (AMD) is the third biggest cause of blindness, only behind cataracts and glaucoma. In the European Union (EU), approximately 34 million individuals are believed to be affected by AMD, which includes 22 million in the five most populated countries. Projections foresee a 25% increase in AMD patients by 2050, consequent to population growth and ageing. By 2050, it is also estimated that primary open-angle glaucoma (POAG) will afflict 7.32 million Americans. Hence, the rising incidence of eye conditions is predicted to fuel the growth of the optical coherence tomography market.

How Is the Optical Coherence Tomography Market Segmented?

The optical coherence tomography market covered in this report is segmented –

1) By Type: Catheter-Based OCT Devices, Doppler OCT Devices, Handheld OCT Devices, Tabletop OCT Devices

2) By Technology: Time Domain OCT (TDOCT), Frequency Domain OCT (FD-OCT), Spatial Encoded Frequency Domain OCT

3) By Application: Ophthalmology, Cardiovascular, Oncology, Dermatology, Other Applications

Subsegments:

1) By Catheter-Based OCT Devices: Intracoronary OCT, Intravenous OCT

2) By Doppler OCT Devices: Time-Domain Doppler OCT, Frequency-Domain Doppler OCT

3) By Handheld OCT Devices: Portable Retinal OCT, Portable Cardiovascular OCT

4) By Tabletop OCT Devices: Optical Coherence Tomography Angiography (OCTA), High-Resolution OCT For Research Applications

Request customized data on this market:

https://www.thebusinessresearchcompany.com/customise?id=8231&type=smp

Which Regions Are Driving the Next Phase of the Optical Coherence Tomography Market Growth?

North America was the largest region in the optical coherence tomography market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical coherence tomography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Key Trends Are Shaping the Future of the Optical Coherence Tomography Market?

The emergence of technological advancements has become a significant trend within the optical coherence tomography industry. Leading businesses in the market are revealing cutting-edge upgrades in their product offerings whilst adopting innovative technologies to increase their market share and remain competitive. For instance, Abbott Laboratories, an American medical device firm, introduced its newest vascular imaging platform in India in October 2023. This platform boasts the Ultreon 1.0 Software which blends optical coherence tomography (OCT) with artificial intelligence (AI) to afford doctors detailed analysis of blood flow and blockages within the coronary arteries. The sophisticated imaging software can distinguish between calcified and non-calcified blockages, evaluate the severity of calcium-based blockages, and ascertain vessel width. Additionally, it helps physicians in accurately deploying stents, encouraging optimal expansion and positioning, and displays real-time results for improved accuracy in coronary stenting operations. Abbott’s OCT technology harnesses near-infrared light to produce highly accurate images within the blood vessels, facilitating doctors to gather intricate patient anatomy details.

View the full report here:

https://www.thebusinessresearchcompany.com/report/optical-coherence-tomography-global-market-report

How Is the Optical Coherence Tomography Market Defined and What Are Its Core Parameters?

Optical coherence tomography (OCT) is an optical biopsy and effective imaging technology for medical diagnostics that provides images of tissue in situ and in real-time. Optical coherence tomography is used for high-resolution cross-sectional imaging.

Purchase the full report and get a swift delivery:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8231

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model