Optical Coherence Tomography Market By Reports And Data
                     Optical 
Coherence 
Tomography 
Market To Reach 
USD 2.29 Billion 
By 2027
              Markett  Summary
The growing incidence of cancer and cardiac diseases coupled with advancement in technology is 
driving the optical coherence tomography market.
 Market Size – USD 1.10 Billion in 2018, Market Growth - CAGR of 8.4%, Market Trends – High 
application in Ophthalmology.
The global optical coherence tomography market is forecast to reach USD 2.29 Billion by 2027, 
according to a new report by Reports and Data. Optical coherence tomography is an effective 
optical diagnostics that emits a 2D view of the retina to help in ophthalmological treatments and 
tests.
The market is mainly propelled by the growing need for this technology across various domains of 
healthcare and life sciences. The market has been accentuated by the emergence of new 
technologies and furthered by the growing relevance of medical applications. The market is not 
only confined to ophthalmology and has plunged across other medical realms such as nephrology, 
dermatology, and oncology.
The growing need for pathological tests and treatment is contributing to the growth of the optical 
coherence tomography market. The non-invasive characteristics of the market has made it the 
prime choice in optical imaging. The developing nations, including India and China, have seen 
structural changes in their healthcare sector that is making developmental strides. This proliferates 
the demand for optical coherence tomography devices contributing to the strength of the market.
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Further key findings from the report suggest
• The driver for advances in optical coherence tomography technology for imaging skin has been a 
growing interest in imaging skin cancer, mostly, nonmelanoma skin cancer. There are several 
other features that can be mistaken for tumors in optical coherence tomography images, such as 
cysts, hair follicles, and benign growths, hence, high image resolution is needed to distinguish 
successfully.
• Doppler optical coherence tomographycombines the Doppler Effect principle as a whole, which 
result in tomographic images with high resolution. There are two types of Doppler OCT: Fourier 
Domain Doppler OCT and Time domain Doppler OCT. Due to high spatial resolution and velocity 
sensitivity, Doppler OCT has its own position in the field of biomedical research and clinical 
medicine.
• Growth in the incidences of diabetic retinopathy, along with advancement in healthcare 
products for proper and effective treatment of the patients, will propel the demand for the 
market. The growing adoption of innovative imaging diagnostic products for the treatment is 
expected to flourish the growth of the market.
• Europe captured the second largest market of optical coherence tomography in 2018. European 
countries such as Germany, the U.K., and others are expected to be the major contributors to the 
growth of the market owing to the rise in the number of patients affected with eye disorders.
              Markett  Summary
Key Players:   
Topcon Medical Systems Inc., Heidelberg Engineering GmbH, Carl Zeiss Meditec AG, Michelson Diagnostics Ltd., Agfa 
Healthcare, Novacam Technologies Inc., Thorlabs Inc., Boston Scientific Corporation, Abbott Laboratories, and Optovue, 
Inc., among others
Segmentation:
For the purpose of this report, Reports and Data have segmented into the global Optical Coherence Tomography Market 
on the basis of type, technology, application, and region:
Type Outlook (Revenue, USD Billion; 2016-2027)
• Catheter-based OCT devices
• Doppler OCT devices
• Handheld OCT devices
• Tabletop OCT devices
Technology Outlook (Revenue, USD Billion; 2016-2027)
• Frequency Domain OCT (FD-OCT)
• Time Domain OCT (TDOCT)
• Spatial Encoded Frequency Domain OCT
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              Markett  Summary
Application Outlook (Revenue, USD Billion; 2016-2027)
• Ophthalmology
• Oncology
• Cardiovascular
• Dermatology
Regional Outlook (Revenue, USD Billion; 2016-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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              The  reportt  emphasiizes  tthe  ffollllowiing  key  questtiions::
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects 
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying 
causes?
Q.4.Which factors are impacting the future of the market and what are the driving 
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast 
period?
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