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Intravascular Optical Coherence Tomography Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

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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.
Intravascular Optical Coherence Tomography 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 cross-sectional 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 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.
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.
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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
Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions & Exclusions)
Market Segmentation
Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Overview
Global Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Intravascular Optical Coherence Tomography (OCT)
Imaging Systems
Competition Dynamics
Company Share Analysis (2019)
Top 10 Product Pricing by Region
Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (USD Mn), 2019-2026 by Implant Type
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (USD Mn), 2019-2026 by End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems
Market Revenue (USD Mn), 2019-2026 by Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
US
Canada
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Latin America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Europe America Intravascular Optical Coherence Tomography (OCT) Imaging
Systems Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Asia Pacific America Intravascular Optical Coherence Tomography (OCT)
Imaging Systems Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging Asia
Japan
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Rest of World America Intravascular Optical Coherence Tomography (OCT)
Imaging Systems Market Revenue (US$ Mn), 2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn) Assessment and Forecast by Implant Type,
2019-2026
Time domain intravascular OCT
Frequency Domain OCT
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Diagnostics Laboratories
Ophthalmic Clinics
Outpatient Centres
Company Profiles
Competition Landscape
Global Company Share (USD Mn) Overview, 2019
Company Profiles
Abbott
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
CONAVI MEDICAL
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
LightLab Imaging Inc.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Others
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Research Sources & Primary Verbatim
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
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