Optical Imaging System Market Analysis, Size, Growth, Share, Outlook & Forecast to 2024
The global optical imaging system market is expected to reach USD 3.0 billion by 2024, according to a new report by Grand View Research, Inc. Technological advancements and rising preference for noninvasive technology are anticipated to be the preliminary market catalyst. Rising R&D efforts by pharmaceutical and biotechnological companies requiring the use of optical imaging systems are encouraging the market growth. Additionally, veterinary hospitals and educational institutions are utilizing this technology in research and diagnostics, due to its noninvasive nature. North America and Europe together accounted for the largest market share that was over 60.0% in 2015. Well-developed research infrastructure, availability of skilled professionals, and faster adoption rates of technically advanced devices within the region are certain factors promoting growth. Furthermore, supportive government initiatives in this region are propelling the growth in this sector. The government of Canada invested around USD 750,000 in the Canadian Imaging Research Center to promote research and commercialization opportunities in the imaging sector. Asia Pacific is expected to witness the fastest growth rate during the forecast period owing to the easy availability of resources. Favorable environment is encouraging research activities as government funding for R&D is increasing in emerging nations, such as India and China.
For instance, Impacting Research Innovation and Technology (IMPRINT), an initiative by the Indian government, promotes R&D in imaging and other technology sectors. This is expected to attract market players to this region, thereby facilitating higher penetration and expansion. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/opticalimaging-system-market-analysis Further Key Findings From the Study Suggest:
The optical coherence tomography segment is the largest segment over the forecast period. The largest share was attributed to the extensive application in small animal imaging and research projects.
North America captured the largest market share of around 35.0% in 2015. The market is expected to maintain its dominance during the forecast period. Technologically advanced research infrastructure and increasing use in medical testing for chronic conditions are some of the factors supporting the growth in this region.
Asia Pacific is anticipated to witness a significant growth rate from 2016 to 2024 owing to the government initiatives in this region. For instance, the Asia-Pacific Optical Sensors Conference held every year by the Optical Society helps showcase new products to consumer, thereby increasing awareness regarding the market and its developments.
Some key players are PerkinElmer, Inc., St. Jude Medical, Inc., Carl Zeiss Meditec AG, Topcon Corporation, and Koninklijke Philips N.V.
In order to curb the competition, key industry players are meticulously involved in the development of new systems that facilitate easy diagnosis. For instance, the Dragonfly Catheter series by St. Jude Medical, Inc. provides data sampling of around 100 MB per second.
Grand View Research has segmented optical imaging system market on the basis of technology, product, application, end-use therapeutic area, and region. Global Optical Imaging Systems Market by Technology (USD Million), 2013 - 2024
Photoacoustic Tomography
Optical Coherence Tomography
Hyperspectral Imaging
Near-infrared Spectroscopy
Global Optical Imaging Systems Market by Product (USD Million), 2013 2024
Imaging Systems o
Optical Imaging Systems
o
Spectral Imaging Systems
Optical Imaging Software
Cameras
Illumination Systems
Lenses
Other Optical Imaging Products
Global Optical Imaging Systems Market by Application (USD Million), 2013 - 2024
Pathological Imaging
Intraoperative Imaging
Global Optical Imaging Systems Market by End-Use (USD Million), 2013 2024
Research Laboratories
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Global Optical Imaging Systems Market by Therapeutic Areas (USD Million), 2013 - 2024
Ophthalmology
Cardiology
Oncology
Dermatology
Neurology
Optical Imaging Systems Market by Region (USD Million), 2013 - 2024
North America o
U.S.
o
Canada
Europe o
UK
o
Germany
Asia Pacific o
Japan
o
China
Latin America o
Brazil
o
Mexico
MEA o
South Africa
o
Saudi Arabia
Get Sample of Report @ https://www.grandviewresearch.com/industry-analysis/opticalimaging-system-market-analysis/request/rs1 Global Connected Health & Wellness Devices End-use Outlook (Revenue, USD Billion, 2013 - 2024)
Hospitals
Individual Customers
Others
Connected Health & Wellness Devices Regional Outlook (Revenue, USD Billion, 2013 - 2024)
North America o
U.S.
o
Canada
Europe
o
UK
o
Germany
Asia Pacific o
Japan
o
China
o
India
Latin America o
Mexico
o
Brazil
MEA o
South Africa
Table of Content Chapter 1. Methodology and Scope 1.1. Research methodology 1.2. Research scope & assumption 1.3. List of data sources Chapter 2. Executive Summary Chapter 3. Market Snapshot Chapter 4. Market Variables, Trends & Scope
4.1. Market segmentation 4.2. Market size and growth prospects, 2013 - 2024 4.3. Breast biopsy devices: Market dynamics 4.3.1. Market Driver Analysis 4.3.1.1. Rising prevalence of breast cancer in women 4.3.1.2. Global awareness and cancer screening programs 4.3.1.3. Demand for alternative, less-invasive and accurate procedures 4.3.2. Market Restraints Analysis 4.3.2.1. Awareness of risks associated with breast biopsies lead to expert second opinions 4.4. Key Opportunities Prioritized 4.5. Breast biopsy devices- SWOT analysis, by factor (political, legal, economic, and technological) 4.6. Industry analysis - Porter’s five forces analysis 4.7. Breast biopsy devices: Company market share, 2015 Continue……… About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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