Optical imaging is an emerging non-invasive
technique used for capturing images of the internal parts of the
body. Visible light and photons are incorporated to take the complete
image of internal organs and tissues, the images of smaller
structures are also taken, which include cells and molecules. Optical
imaging uses the properties of photons such absorption and
scattering, the spectra of light measures and perceives the
properties of organs and soft tissues. Although, optical imaging
technology is at its early phase of development, a wide range of
technological advantages are offered over current imaging
technologies. The images are referred by doctors for diagnosis and
treatment of various diseases and by scientists for carrying out
diverse research work. Optical imaging has proved to be much harmless
and efficient compared to MRI and X-ray that use ionizing radiation
for imaging.
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The non-invasive technology and increasing
prevalence is expected to boost the growth of optical imaging market
According to the World Health Organization in
2012, population above 65 years has grown the highest and is expected
to rise from 13% in 2010 to 53% by 2020. The key factors contributing
to the growth of the optical imaging market are high prevalence of
neurological and ophthalmologic disorders, increase in R&D
activities in the life sciences sector, preclinical research, rising
demand for radiation free imaging modalities in drug discovery
processes. Moreover, the provision to acquire in-depth images of
complex components of eyes, surface tissues, membranes vascular
systems and gastrointestinal tract are driving the growth of the
global market. Furthermore, vast application scope of the advance
optical imaging products, operator and patient safety and comfort are
other factors driving the growth. The emerging state of optical
imaging market is also due to the use of non-ionizing radiations that
reduce the harmful radiation exposure of patients.
Scanning laser microscopes used to
identify cancer without painful biopsies and is expected to drive the
global optical imaging market
The global optical imaging market is segmented on
the basis of product type, therapeutic area, application, end user
and geography.
On the basis of product type,
-
Imaging systems
-
Optical Imaging Systems
-
Spectral Imaging Systems
-
Software
-
Lenses
-
Illumination systems
-
Cameras
-
Others
On the basis of therapeutic area,
-
Neurology
-
Oncology
-
Dentistry
-
Dermatology
-
Ophthalmology
-
Cardiology
-
Others
On the basis of applications,
-
Pre-clinical and clinical research
-
Intra-operative Imaging
-
Pathological imaging
On the basis of end user,
-
Diagnostic Imaging Centers
-
Hospitals
-
Research Laboratories
Development in healthcare infrastructure
and rising prevalence of chronic diseases is expected to dominate
North American optical imaging market
Regional segmentation of the optical imaging
market by Coherent Market Insights comprises North America, Europe,
Asia Pacific, Latin America, Middle East and Africa. According to the
National Institute of Aging in 2015, 524 million people were aged 65
or older in 2010 and by 2050 it is estimated to nearly triple to
about 1.5 billion, which will represent 16 percent of the world’s
population. North America dominates the global optical imaging
industry as the high usage of the optical imaging technologies in
applications like oncology, dentistry and dermatology. It also
comprises of huge geriatric population suffering from disorders that
require optical imaging devices, which in turn will contribute
towards the growth of optical imaging market. Key factors responsible
for the rapid growth of Asia-Pacific market is the presence of high
patient population suffering from various disorders along with high
prevalence of chronic diseases. Increasing healthcare awareness,
development of healthcare infrastructure, growing purchase power will
fuel the growth of global optical imaging market.
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Product launch, collaborations and
acquisition by Abbott is expected to create high growth in optical
imaging market
Key players operating in the optical imaging
market are Abbott, Bioptigen Inc., Topcon Medical systems, Inc., Carl
Zeiss Meditec AG with the strategies that include collaboration &
merger, product launch. The acquisition of St Jude Medical in April
2016 by healthcare giant Abbott has created tremendous growth in
neuromodulation, cardiovascular and atrial fibrillation market. Other
market players include Heidelberg Engineering, Inc., Santec
Corporation, Headwall Photonics, Inc., AGFA Healthcare, Headwall
Photonics, Inc. and Optovue, Inc.
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