Optical Imaging System Market Share | Size and Future Outlook | Forecast To 2024

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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.

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.

Global Optical Imaging Market OverviewOptical imaging refers to a non-invasive technique where light is used to interrogate molecular and cellular function in a living body through the exploitation of the unique properties of photons.

Further, surging research and development activities in life sciences and the proliferating application of optical imaging technology in drug discovery and preclinical research are also magnifying market growth.

Request Sample Copy:https://www.marketresearchfuture.com/sample_request/6172Moreover, other factors such as rising geriatric population, rising prevalence of cardiovascular, neurological, and ophthalmic disorders are also contributing to the healthy growth in the global optical imaging market.

Even though the market has numerous factors contributing to steady growth, some factors are also restraining it.

Factors such as stringent regulatory approval procedures, high cost of instruments, lack of skilled machine operators and insufficient reimbursement policies for optical imaging procedures are posing as significant hindrances in market growth.

The market segmentation has been carried out on the basis of products, techniques, application, therapeutic area, end-user, and region.

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According to the new market research report "Optical Imaging Market by Technique (OCT, NIRS, HSI, PAT) Product (Imaging System, Camera, Lens, Software) Therapeutic Area (Ophthalmology, Oncology, Dermatology), Application (Pathological, Intra-operative), End user (Research) - Global Forecast to 2026", published by MarketsandMarkets™, the global Optical Imaging Market is projected to reach USD 3.3 billion by 2026 from USD 1.6 billion in 2021, at a CAGR of 14.8% during the forecast period.Browse in-depth TOC on "Optical Imaging Market"193 – Tables44 – Figures232 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=894 Factors such as the rising aging population, increasing research & development activities in the life sciences sector, and increasing applications of optical imaging techniques in drug discovery processes and preclinical research are fueling the growth of this market.This study analyzes the Optical imaging market based on their product, application, therapeutic area, imaging technique, and end-user.OCT segment to have the largest share in 2020Based on technique, the optical imaging market is broadly categorized into optical coherence tomography (OCT), hyper spectral imaging (HIS), near-infrared spectroscopy (NIRS), and photoacoustic tomography (PAT).

The OCT technique commanded the largest share of the global market; this segment will continue to dominate the global market by 2026.

The large share of this market can be attributed to its wide acceptance for research and clinical diagnostics in ophthalmology, oncology, cardiology, dermatology, neurology, and other clinical areas.The imaging system segment accounted for the largest market share in 2020Based on products, the optical imaging market is divided into imaging systems, cameras, software, lenses, illumination systems, and others.

The large share of this segment is mainly attributed to its wide applications in ophthalmology and rising adoption in medical diagnostics & clinical research.Pathological Imaging was the largest application for the market in 2020Based on application, the optical imaging market is divided into pathological imaging and intra operative imaging.

The large share of this segment is mainly attributed to the high-resolution imaging capabilities of optical imaging technologies, its non-invasive nature, and the increasing use of optical imaging in clinical applications.Ophthalmology was the largest therapeutic area for the Optical imaging market in 2020Based on therapeutic area, the market is divided into ophthalmology, oncology, cardiology, neurology, dermatology, and others.

The large share of this segment is mainly attributed to the large application areas of optical imaging in ophthalmology.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=894 Some of the prominent players in this market are Carl Zeiss Meditec AG (Germany), Abbott Laboratories (US), Topcon Corporation (Japan), Canon Inc. (Japan), and Koninklijke Philips (Netherlands).About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues.

Optical Imaging Market Information: By Products (Imaging Systems), by Techniques (Photo Acoustic Imaging), by Therapeutic Area (Neurology and Oncology), by Application (Pathological Imaging), And End-Users (Hospitals & Clinics) – Global Forecast Till 2027Optical imaging refers to a non-invasive technique where light is used to interrogate molecular and cellular function in a living body through the exploitation of the unique properties of photons.

The global optical imaging market is assessed to be valued at USD 1.92 billion, expanding at 10% CAGR by 2023, as stated by Market Research Future (MRFR).

Further, surging research and development activities in life sciences and the proliferating application of optical imaging technology in drug discovery and preclinical research are also magnifying market growth.Moreover, other factors such as rising geriatric population, rising prevalence of cardiovascular, neurological, and ophthalmic disorders are also contributing to the healthy growth in the global optical imaging market.

Even though the market has numerous factors contributing to steady growth, some factors are also restraining it.

The market segmentation has been carried out on the basis of products, techniques, application, therapeutic area, end-user, and region.

The imaging systems segment is further sub-segmented into optical imaging systems and spectral imaging systems.Based on techniques, the global optical imaging market includes the segments of Optical Coherence Tomography (OCT), diffused optical tomography, hyperspectral imaging, photoacoustic imaging, near-infrared spectroscopy, and super-resolution microscopy.