Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 The global intravascular optical coherence tomography (Oct) imaging systems market is predicted to value over US$ 1.5 billion by the end of 2026 and growing at a CAGR of over 7% during the forecast period, 2019 to 2026. Optical Coherence Tomography (OCT) is a high-resolution image modality that produces crosssectional biological tissue images of micrometre resolution. It is also capable of detecting vulnerability traits and identifying the chemical composition of atherosclerotic plaques. It is the only tool present today which can measure the fibrous cap thickness which covers atheroma’s lipid core which makes it an exceptional modality for detecting plaques prone to rupture. Intravascular OCT used coherent light which is present in the infrared region of the electromagnetic spectrum. A relatively longer wavelength is used for deeper penetration into highly scattering media. It requires an imaging element and an optical fibre for illumination and collection of backscattered light from the array wall, all this while pulling back the catheter optics and rotating at high speeds through the artery lumen. Numerous coronary imaging applications have adopted OCT and is acknowledged as safe using a sample space of a heterogeneous and unselected group of patients in different clinical settings. Higher resolution imaging and rapid image acquisition are some of the features that make OCT a superior technique over other modalities used in clinical practices. Along with that, growing and adoption of advanced technologies are expected to increase intravascular OCT adoption for clinical trials and patient evaluation which will help the market grow even more during the forecast period. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=201&page=requestsample Insights on Global Intravascular Optical Coherence Tomography Market: By Region • North America • Europe • Asia Pacific • Latin America • Rest of the World As North America and Europe are developed economies, they are expected to dominate the global market. They possess 60% share of the market and is expected to remain unchanged during the forecast period. Asia Pacific, due to a rise in OCT imaging adoption for clinical diagnosis, is a fast-growing market and is expected to grow at a faster rate during the forecast period. On the other hand, due to limited adoption of OCT imaging, Latin America and Rest of the World acquire a smaller share of the global market. But these regions have potential and are good opportunity grounds for key market players. By Implant Type • Time domain intravascular OCT • Frequency domain OCT Frequency Domain OCT (FD-OCT) is a new and an innovative OCT technique which has a data acquisition rate of 25mm/s which can help image acquisition during iodinated contrast injection thus eliminating the need for balloon occlusion. It is far more efficient than Time Domain OCT (TD-OCT) as it requires proximal balloon occlusion for an effective “clearance” of light-attenuating RBC’s during image acquisition. Thus, FD-OCT, due to its high efficiency, will have a higher growth rate in the North American and European market spaces during the forecast period as it becomes easy to adopt newer technologies in a patient pool which has a higher spending capacity. It will take some time for emerging economies to adopt FD-OCT on a larger scale but it is expected to provide positive outcome during the forecast period. Purchase a Copy of this Premium Research Report & Ask for Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=201&page=askfordiscount By End User • Hospitals • Diagnostics Laboratories • Ophthalmic Clinics • Outpatient Centres Hospital segment dominates the global intravascular OCT market and is expected to do the same during the forecast period. This is due to the provision of superior infrastructure and adopting advanced technologies which are limited in case of outpatient centres and diagnostics labs. Although this trend will mainly be seen in the developed economies. The developing economy patient pool will still opt for an outpatient centre or an ophthalmic clinic as their diagnostic fees are lesser as compared to hospitals and therefore these segments will also experience a steady rise in the market during the forecast period. Competitive Landscape: • Abbott Laboratories • LightLab Imaging Inc. • Boston Scientific Corp. • Terumo Corp. FutureWise Key Takeaways: • Growth prospects • SWOT analysis • Key trends • Key data-points affecting market growth Objectives of the Study: • To provide with an exhaustive analysis on the global intravascular optical coherence tomography (OCT) imaging systems market by region, by implant type, by end-user • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America, and Rest of the World • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions • Profiling of companies to evaluate their market shares, strategies, financials and core competencies Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
The global intravascular optical coherence tomography (Oct) imaging systems market is predicted to value over US$ 1.5 billion by the end of 2026 and growing at a CAGR of over 7% during the forecast period, 2019 to 2026. Optical Coherence Tomography (OCT) is a high-resolution image modality that produces cross-sectional biological tissue images of micrometre resolution.
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