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World Optical Imaging Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773188
  • Report
  • Region: Global
  • Allied Analytics LLP
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Optical imaging is a fiber optic and photonics based non-invasive technique that enables accurate viewing of organs, tissues and even molecules. The global optical imaging technology market comprises Photo-Acoustic Tomography (PAT), Optical Coherence Tomography (OCT), Near-Infrared Spectroscopy (NIRS), and Hyper-Spectral Imaging (HSI). This technology finds primary application in clinical research and pathology for disease diagnosis and treatment. Optical imaging market was valued $915.75 million in 2012 and is expected to grow at a CAGR of 12.2% during 2013-2020. In comparison to conventional radiological technologies, optical imaging has led to significant reduction in exposure to harmful rays. As the technique involves a non-invasive and no ionization process of imaging, it offers higher safety and allows repeated imaging to track the progression of disease or effectiveness of the treatment. Growing healthcare concern throughout the globe is a largely impacting driver of the market.

However, high investment and installation costs and reimbursement issues are expected to restrict the growth of this market. Despite of these restraints, companies are still enthusiastic to enter this market owing to the increasing demand for the optical imaging technologies and significant growth opportunities. North America is dominating the market at present, followed by Europe. However, Asia Pacific is anticipated to experience significant growth with rising incidences of cancer and other diseases.

Key players in the market include Volcano Corporation, Michelson Diagnostics, Carl Zeiss Meditec, Headwall Photonics, Chemlmage Corporation, Somanetics Corporation, Bioptigen Inc., ASE Optics Inc., and Topcon Medical Systems Inc.

KEY BENEFITS

Market analysis based on current market situation, expected future trends and market intelligence to enable informed decision-making process
Analysis of the market factors in various geographic regions that would help understand business opportunities
Market analysis based on various segments and also forecast from 2013 to 2020 with 2012 as base year
Identification of key investment pockets for various applications, services and geographies
To identify key players and their strategic moves
Implications of the regulations across countries and their impact on the market
Assess and rank the top factors that are expected to affect the growth of the market
Evaluation of market trends to provide deep-dive intelligence into every market segment
Competitive analysis to effectively plan and execute business plan

KEY MARKET SEGMENTS

GLOBAL MARKET, BY TECHNOLOGY

Photo-Acoustic Tomography (PAT)
Optical Coherence Tomography (OCT)
Near-Infrared Spectroscopy (NIRS)
Hyper-Spectral Imaging (HSI)

GLOBAL MARKET, BY APPLICATIONS

Ophthalmology
Neurology
Oncology
Dentistry
Dermatology
Life Sciences and Clinical Research

GLOBAL MARKET, BY GEOGRAPHY

North America
Asia Pacific
Europe
RoW

KEY AUDIENCES

Research Organizations
Healthcare Organizations
Healthcare Clinics
Pathologies



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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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