Global Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market Analysis 2025–2029: Opportunities for Strategic Growth
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How Much Larger Is The Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market Expected To Become By 2029 Compared With Its 2025 Level?
The artificial intelligence (AI) optical coherence tomography (OCT) market size has shown substantial growth in recent years. It is forecast to rise from $1.84 billion in 2024 to $2.06 billion in 2025, achieving a compound annual growth rate (CAGR) of 12.3%. This past growth can be attributed to the rising prevalence of eye conditions, increased adoption in ophthalmology settings, greater healthcare spending in developed nations, a surge in demand for non-invasive diagnostic tools, the expansion of hospital infrastructure, and improved reimbursement coverage in ophthalmology.
The artificial intelligence (AI) optical coherence tomography (OCT) market is anticipated to experience substantial expansion over the coming years. Its valuation is projected to reach $3.25 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 12.0%. This projected growth is driven by several factors, including an expanding elderly demographic in developing nations, increased adoption within ambulatory surgery centers, a boost in governmental healthcare investments, the spread of medical infrastructure into rural areas, a heightened need for point-of-care diagnostic tools, and stronger policy backing for diagnostic imaging solutions. Key developments expected during this period encompass progress in AI imaging techniques, new breakthroughs in portable and handheld diagnostic equipment, the integration of multimodal imaging systems, novel cloud-based workflow platforms, increased funding for teleophthalmology initiatives, and the widespread use of synthetic three-dimensional imaging.
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Which Drivers Are Supporting Growth Of The Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market?
The artificial intelligence (AI) optical coherence tomography (OCT) market is set to experience growth due to the increasing prevalence of ophthalmological diseases. These disorders, which affect the eyes and visual system, are rising, partly driven by the growing incidence of diabetes that damages retinal blood vessels and can cause vision-threatening conditions. Artificial intelligence (AI) optical coherence tomography (OCT) plays a crucial role in diagnosing ophthalmological diseases by providing high-resolution retinal imaging, which is essential for early detection and ongoing monitoring of eye conditions. Furthermore, it enhances clinical efficiency and patient care by reducing diagnostic time through automated analysis of retinal scans. For example, in May 2024, the Centers for Disease Control and Prevention (CDC) reported that over 3 million people were affected by glaucoma, with projections indicating this number will reach 6.3 million by 2050. Consequently, the rising occurrence of ophthalmological diseases is a significant factor propelling the expansion of the artificial intelligence (AI) optical coherence tomography (OCT) market.
What Are The Segment Types Shaping The Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market?
The artificial intelligence (AI) optical coherence tomography (OCT) market covered in this report is segmented as
1) By Type: Table Type, Portable
2) By Technology: Time Domain Optical Coherence Tomography, Spectral Domain Optical Coherence Tomography, Swept Source Optical Coherence Tomography
3) By Application: Hospitals, Clinic, Other Applications
Subsegments:
1) By Table Type: Spectral-Domain Optical Coherence Tomography (SD-OCT), Time-Domain Optical Coherence Tomography (TD-OCT), Swept-Source Optical Coherence Tomography (SS-OCT), Full-Field Optical Coherence Tomography, Doppler Optical Coherence Tomography
2) By Portable: Handheld Optical Coherence Tomography, Smartphone Or Tablet-Based Optical Coherence Tomography, Point-Of-Care Optical Coherence Tomography Devices, Compact Or Bedside Optical Coherence Tomography Units, Wearable Optical Coherence Tomography
What Long-Term Trends Will Shape The Future Growth Of The Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Industry?
Major companies engaged in the artificial intelligence (AI) optical coherence tomography (OCT) market are prioritizing the development of advanced solutions, including at-home optical coherence tomography (OCT) devices, with the goal of enhancing diagnostic precision, enabling remote patient monitoring, and streamlining ophthalmic workflows. At-home optical coherence tomography (OCT) devices are portable instruments that empower patients to capture their own retinal scans from home for the distant oversight of eye conditions. For example, in May 2024, Notal Vision Inc., a US-based healthcare company, obtained de novo authorization from the US Food and Drug Administration (FDA) for its artificial intelligence (AI)-powered SCANLY Home OCT device, which represents the first self-operated retinal imaging device intended for monitoring wet age-related macular degeneration (AMD) in older adults. This device utilizes spectral-domain optical coherence tomography (OCT) along with the AI-driven Notal OCT analyzer (NOA) to pinpoint and quantify retinal biomarkers, thereby facilitating remote, high-resolution observation between clinical visits. Images captured by this device are securely sent to the Notal Health cloud for physician review. SCANLY is also supported by current procedural terminology (CPT) billing codes.
Which Leading Players Are Enhancing Their Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market Presence Worldwide?
Major companies operating in the artificial intelligence (AI) optical coherence tomography (OCT) market are Abbott Laboratories, Canon Inc., Carl Zeiss AG, Excelitas Technologies Corp., Topcon Corporation, Thorlabs Inc., Santec Holdings Corporation, Notal Vision Inc., Optopol Technology Sp. z o.o., BigVision Tech Inc., Shenzhen Certainn Technology Co. Ltd., Conavi Medical Inc., Wasatch Photonics Inc., RSIP Vision Ltd., Visionix Ltd., Altris AI Ltd., NIDEK Co. Ltd., Perimeter Medical Imaging AI Inc., Michelson Diagnostics Ltd., and Artelus Private Limited.
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Which Region Shows The Highest Potential For Future Expansion In The Artificial Intelligence (AI) Optical Coherence Tomography (OCT) Market?
North America was the largest region in the artificial intelligence (AI) optical coherence tomography (OCT) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI) optical coherence tomography (OCT) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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