Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2205.63 million | USD 5,209.28 million | 10.02% | 2023 |
The global Optical Imaging market size accrued earnings worth approximately USD 2205.63 Million in 2023 and is predicted to gain revenue of about USD 5,209.28 Million by 2032, is set to record a CAGR of nearly 10.02% over the period from 2024 to 2032
A medical technique which is used for obtaining detailed images of organs, molecules, cells, tissues and others in the presence of visible light is known as optical imaging. It is an emerging technology which has great potential to enhance the mode of treatment, disease prevention, and diagnosis in the hospital operating room. It offers a number of advantages over radiological imaging techniques. Optical imaging technique uses non-ionizing radiation; it reduces the patient’s radiation exposure thus allowing for frequent studies over time. It has the ability to differentiate soft tissues from the native soft tissues or the tissues labeled with either exogenous or endogenous contrast media with the help of different photon absorption profiles at diverse wavelengths. Scattering differences and photon absorption provides specific tissue contrasts and potential capabilities in order to study functional and molecular level activities. Optical imaging is multimodal and a very responsive imaging technique that can be easily combined with other imaging techniques.
Report Attributes | Report Details |
---|---|
Report Name | Optical Imaging Market |
Market Size in 2023 | USD 2205.63 Billion |
Market Forecast in 2032 | USD 5,209.28 Billion |
Growth Rate | CAGR of 10.02% |
Number of Pages | 204 |
Key Companies Covered | Philips Healthcare (Netherlands), Cerner Corporation (US), Siemens Healthineers (Germany), McKesson Corporation (US), FUJIFILM Holdings Corporation (Japan), Medica Group Plc. (UK), Agfa Healthcare (Belgium), Mirada Medical (US), ONRAD Inc. (US), RamSoft Inc. (Canada), NovaRad Corporation (US), TeleDiagnostic Solutions Pvt. Ltd. (India), Teleradiology Solutions (India), Telerad Tech (India), StatRad LLC (US), MedWeb LLC (US), WebRad TeleRadiology (India), Nautilus Medical (US), 4ways Healthcare (UK), USARAD Holdings, Inc. (US), GE Healthcare (US). |
Segments Covered | By Product, By Technique, By Therapeutic area, By Application, By End User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Pharmaceutical and biomedical industries are highly demanding radiation free imaging techniques thus increasing the demand for optical imaging. Increasing prevalence of neurological and ophthalmological disorders among the population may foster the demand of imaging diagnosis which in turn will propel the market growth. Technological advancement and rise in government support for development in the healthcare sector open up new growth opportunities. Others key factors that drive the global market are faster adoption rates of technically advanced devices, well-developed research infrastructure, and availability of skilled professionals. Advancement in the technology has completely transformed the medical science to a large extent and optical imaging is one among them which has revolutionized the healthcare sector by effective diseases detection potential. However, harsh government regulations and a huge capital requirement for installation of the optical imaging have hampered the market growth to some extent.
The global optical imaging market is fragmented based on product, therapeutic area, and technique. The product segment is classified as retinal cameras, mydriatic and non-mydriatic imaging systems, slit lamp imaging systems, and software. The therapeutic area is segmented into neurology, oncology, dermatology, and ophthalmology.
Furthermore, the technique segment includes diffuse optical tomography, terahertz tomography, optical coherence tomography, photoacoustic imaging, and endoscopy.
North America is the one of the most prominent region that is highly investing in the healthcare sector which is the key factor that is driving the global optical imaging market growth. Rapid growth in the aging population in countries such as U.K., Spain, Italy, Germany, and others is expected to boost the global market growth. Asia-Pacific region anticipates witnessing growth in the future owing to factors such as exponential growth in the population, rise in the per capita income, and developing healthcare. Impacting Research Innovation and Technology (IMPRINT) is the initiative taken by the Indian government to promote research and development in imaging and other technology sectors.
Major players in the global optical imaging market include
By Product
By Technique
By Therapeutic area
By Application
By End User
By Region
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