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Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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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.
Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market Global Trends,
Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
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.
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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 fastgrowing 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 (TDOCT) 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.
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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
Table of Contents
1.1. Introduction
1.1.1.1. Scope and Objective
1.1.1.2. Assumptions and Acronyms
1.1.1.3. Forecast Factors
1.1.1.4. Research Methodology
1.2. Executive Summary
1.2.1.1. Industry Cluster Analysis
1.2.1.2. Competition Matrix
1.2.1.3. Strategies Recommendations
1.3. Market Definition
1.3.1.1. Report Scope (Inclusions & Exclusions)
1.3.1.2. Market Segmentation
1.4. Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Overview
1.4.1.1. Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (USD Mn)
1.5. Key Inclusions
1.5.1.1. Porter’s Five Force analysis
1.5.1.2. Market Dynamics
1.5.1.3. Industry Trends
1.5.1.4. Regulatory Guidelines
1.5.1.5. Opportunities in Intravascular Optical Coherence Tomography (OCT) Imaging
Systems
1.6. Competition Dynamics
1.6.1.1. Company Share Analysis (2018)
1.6.1.2. Top 10 Product Pricing by Region
1.7. Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Revenue (USD Mn), 2018-2026 by Implant Type
1.7.1.1. Key Market Findings
1.7.1.2. Long Term ROI Segments
1.7.1.3. Revenue Opportunity Influencing Factors
1.7.1.4. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.7.1.4.1.1.
Time domain intravascular OCT
1.7.1.4.1.2.
Frequency Domain OCT
1.8. Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Revenue (USD Mn), 2018-2026 by End User
1.8.1.1. Key Market Findings
1.8.1.2. Long Term ROI Segments
1.8.1.3. Revenue Opportunity Influencing Factors
1.8.1.4. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.8.1.4.1.1.
Hospitals
1.8.1.4.1.2.
Diagnostics Laboratories
1.8.1.4.1.3.
Ophthalmic Clinics
1.8.1.4.1.4.
Outpatient Centres
1.9. Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market
Revenue (USD Mn), 2018-2026 by Region
1.9.1.1. Key Market Findings
1.9.1.2. Long Term ROI Segments
1.9.1.3. Revenue Opportunity Influencing Factors
1.9.1.4. Market Revenue (USD Mn) Assessment and Forecast by Region,2026
1.9.1.4.1.1.
North America
1.9.1.4.1.2.
Latin America
1.9.1.4.1.3.
Europe
1.9.1.4.1.4.
Asia Pacific
1.9.1.4.1.5.
Rest of world
1.10.
North America Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (US$ Mn), 2018-2026
1.10.1.1. Key Market Findings
1.10.1.2. Long Term ROI Segments
1.10.1.3. Revenue Opportunity Influencing Factors
1.10.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
1.10.1.4.1.1.
US
1.10.1.4.1.2.
Canada
1.10.1.5. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.10.1.5.1.1.
Time domain intravascular OCT
1.10.1.5.1.2.
Frequency Domain OCT
1.10.1.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.10.1.6.1.1.
Hospitals
1.10.1.6.1.2.
Diagnostics Laboratories
1.10.1.6.1.3.
Ophthalmic Clinics
1.10.1.6.1.4.
Outpatient Centres
1.11.
Latin America Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (US$ Mn), 2018-2026
1.11.1.1. Key Market Findings
1.11.1.2. Long Term ROI Segments
1.11.1.3. Revenue Opportunity Influencing Factors
1.11.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
1.11.1.4.1.1.
Brazil
1.11.1.4.1.2.
Mexico
1.11.1.4.1.3.
Argentina
1.11.1.4.1.4.
Rest of Latin America
1.11.1.5. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.11.1.5.1.1.
Time domain intravascular OCT
1.11.1.5.1.2.
Frequency Domain OCT
1.11.1.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.11.1.6.1.1.
Hospitals
1.11.1.6.1.2.
Diagnostics Laboratories
1.11.1.6.1.3.
Ophthalmic Clinics
1.11.1.6.1.3.1.
Outpatient Centres
1.12.
Europe America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2018-2026
1.12.1.1. Key Market Findings
1.12.1.2. Long Term ROI Segments
1.12.1.3. Revenue Opportunity Influencing Factors
1.12.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
1.12.1.4.1.1.
Germany
1.12.1.4.1.2.
France
1.12.1.4.1.3.
Spain
1.12.1.4.1.4.
UK
1.12.1.4.1.5.
Russia
1.12.1.4.1.6.
Poland
1.12.1.4.1.7.
Rest of Europe
1.12.1.5. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.12.1.5.1.1.
Time domain intravascular OCT
1.12.1.5.1.2.
Frequency Domain OCT
1.12.1.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.12.1.6.1.1.1.
Hospitals
1.12.1.6.1.1.2.
Diagnostics Laboratories
1.12.1.6.1.1.3.
Ophthalmic Clinics
1.12.1.6.1.1.4.
Outpatient Centres
1.13.
Asia Pacific America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2018-2026
1.13.1.1. Key Market Findings
1.13.1.2. Long Term ROI Segments
1.13.1.3. Revenue Opportunity Influencing Factors
1.13.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
1.13.1.4.1.1.
Emerging Asia
1.13.1.4.1.1.1.1. China
1.13.1.4.1.1.1.2. India
1.13.1.4.1.1.1.3. ASEAN-5
1.13.1.4.1.1.1.4. Rest of Emerging Asia
1.13.1.4.1.2.
Japan
1.13.1.5. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.13.1.5.1.1.
Time domain intravascular OCT
1.13.1.5.1.2.
Frequency Domain OCT
1.13.1.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.13.1.6.1.1.
Hospitals
1.13.1.6.1.2.
Diagnostics Laboratories
1.13.1.6.1.3.
Ophthalmic Clinics
1.13.1.6.1.4.
Outpatient Centres
1.14.
Rest of World America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2018-2026
1.14.1.1. Key Market Findings
1.14.1.2. Long Term ROI Segments
1.14.1.3. Revenue Opportunity Influencing Factors
1.14.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
1.14.1.4.1.1.
Middle East
1.14.1.4.1.2.
South Africa
1.14.1.4.1.3.
North Africa
1.14.1.4.1.4.
Rest of World
1.14.1.5. Market Revenue (USD Mn) Assessment and Forecast by Implant Type, 20182026
1.14.1.5.1.1.
Time domain intravascular OCT
1.14.1.5.1.2.
Frequency Domain OCT
1.14.1.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
1.14.1.6.1.1.
Hospitals
1.14.1.6.1.2.
Diagnostics Laboratories
1.14.1.6.1.3.
Ophthalmic Clinics
1.14.1.6.1.3.1.
Outpatient Centres
1.15.
Company Profiles
1.15.1.1. Competition Landscape
1.15.1.2. Global Company Share (USD Mn) Overview, 2018
1.15.1.3. Company Profiles
1.15.1.3.1.1.
Abbott
1.15.1.3.1.1.1.1. Corporate Overview
1.15.1.3.1.1.1.2. Financial Performance
1.15.1.3.1.1.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.1.1.4. Company Strategy & Channel Management
1.15.1.3.1.2.
CONAVI MEDICAL
1.15.1.3.1.2.1.1. Corporate Overview
1.15.1.3.1.2.1.2. Financial Performance
1.15.1.3.1.2.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.2.1.4. Company Strategy & Channel Management
1.15.1.3.1.3.
LightLab Imaging Inc.
1.15.1.3.1.3.1.1. Corporate Overview
1.15.1.3.1.3.1.2. Financial Performance
1.15.1.3.1.3.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.3.1.4. Company Strategy & Channel Management
1.15.1.3.1.4.
Others
1.15.1.3.1.4.1.1. Corporate Overview
1.15.1.3.1.4.1.2. Financial Performance
1.15.1.3.1.4.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.4.1.4. Company Strategy & Channel Management
1.16.
Research Sources & Primary Verbatim
Inquire further details about this report at: [email protected]
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Merin John
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