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Optical Coherence Tomography (OCT) Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2024 | Hexa Research
“Optical Coherence Tomography (OCT) Market Size, Industry Trends And Forecast.�
17 April 2019 optical coherence tomography market is a non-invasive medical procedure applied to image various components of biological tissues like structural information, polarization sensitivity and blood flow. It does not require physical contact with the patient and is a safe and effective diagnostic technique. According to a recent study conducted by Hexa Research the usage of this technology is distinct from other imaging techniques like magnetic resonance imaging and ultrasound imaging. Growing preference for non invasive medical procedures and widespread global prevalence of ophthalmic diseases are the key demand drivers for optical coherence tomography market. Growing cases of skin and neurological disorders and rising awareness levels are also important contributors to growth. WHO estimates that the share of geriatrics which was 13% of the total global population in 2010 will rise to 53% 2020. Rising number of geriatrics will also propel demand for the global optical coherence tomography market. Hexa Research notes that ongoing technological research and resource deployments in new product development are expected to benefit future market growth. Opportunities also exist due to growing penetration of niche technologies like high resolution optical coherence tomography in areas like dermatology and gastroenterology. Furthermore, the market is characterized by high unmet medical needs and a steadily improving healthcare infrastructure, especially in emerging regions like Asia and Latin America.
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