Optical imaging is a new, non-invasive method used to obtain pictures of the human body’s inside. Internal organs and tissues can be captured in their entirety using visible light and photons; smaller structures, such as cells and molecules, can also be captured in their photographs. Optical imaging measures and senses the characteristics of organs and soft tissues by exploiting the photonic features of absorption, scattering, and spectral composition. Although optical imaging technology is still in its infancy, it already offers many technological advantages over existing imaging methods. Medical professionals use the photos to identify and treat patients with a wide range of conditions, while scientists resort to them for a wide range of experiments. In contrast to ionizing radiation-based imaging techniques like magnetic resonance imaging (MRI) and X-ray, optical imaging has been shown to be both safe and effective.
The optical imaging market is predicted to expand because of the increased need for non-invasive imaging technology
The percentage of the world’s population that is 65 or older is anticipated to increase from 13% in 2010 to 53% in 2020, as reported by the World Health Organization (WHO) in 2012. High prevalence of neurological and ophthalmologic illnesses, expanding R&D activities in the life sciences sector, preclinical research, and rising need for radiation-free imaging modalities in drug development procedures are the primary drivers of the optical imaging market. In addition, the ability to capture detailed images of the intricate structures of the eye, skin, membranes, circulatory system, and digestive tract is a key factor in the expansion of the global market. Additionally, the rise is being fueled by the advanced optical imaging devices’ wide range of potential applications as well as their emphasis on operator and patient safety and comfort. Optical imaging is growing in popularity since patients are exposed to less radiation when non-ionizing radiations are used.
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The given section on the global Optical Imaging Market will include an extensive examination of the various players in this industry, their respective company overviews, an analysis of existing product portfolios, financials, etc. We even include a supply-chain analysis, a PEST analysis, market probability scenarios, Porter’s Five Forces analysis, and other related frameworks that are meant to aid in the expansion of your reputed organization. The specific application of these given findings allows all our clients to apply essential yet accurate data when formulating the most-suitable business strategies with the aim of improving their business’ footprint in this global industry.
Top Key Players:
★ Bioptigen Inc.
★ Topcon Medical systems Inc.
★ Carl Zeiss Meditec AG
★ Heidelberg Engineering Inc.
★ Santec Corporation
★ Headwall Photonics Inc.
★ AGFA Healthcare
★ Headwall Photonics Inc. and Optovue Inc.
This report also splits the market by region:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries
Key Developments _MI
The partnership between Santec Corporation and Alcon Inc. was first announced in May of this year (2019). As part of the partnership, Santec’s ARGOS diagnostic testing software will be incorporated into Alcon’s Cataract Refractive Suite Technology. The ARGOS 2 biometer, which Alcon distributed worldwide, was another important product.
The U.S. Food and Drug Administration (FDA) cleared Santec Corporation’s upgraded SS-OCT biometer ARGOS in May 2019 for use in assessing patients’ eyes before cataract surgery.
Clinical trials comparing the long-term consequences of stent implantation procedures guided by optical coherence tomography and angiography were launched by Abbott in April 2018 (ILUMIEN IV). In the trials, patients with high-risk, complicated coronary artery disease use OCT imaging from Abbott.
Abbott Medical Optics (AMO), a division of Abbott Laboratories, was bought by Johnson & Johnson in February 2017. Johnson & Johnson’s market-leading ACUVUE Brand Contact Lenses will be added to Abbott’s ophthalmic offerings, which include cataract surgery, laser refractive surgery, and consumer eye health. businessFive years ago, in 2015, Leica Microsystems announced that it had acquired Bioptigen Inc., a company that specialized in creating medical devices for imaging the eyes. Leica’s intention with the acquisition was to incorporate Bioptigen’s OCT imaging technology into its current line of surgical microscopes.
Bioptigen Inc., a subsidiary of Leica Microsystems, gained 510(k) clearance from the U.S. Food and Drug Administration in December 2015 for their EnFocus intrasurgical OCT system designed as an advanced solution for both new and existing ophthalmic surgical microscopes.
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Key Highlights Market Study:
Revenue and Sales Estimation: Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally macroeconomic factor and regulatory policies are ascertained in Optical Imaging industry evolution and predictive analysis.
Manufacturing Analysis: The report is currently analysed concerning various product type and application. The Optical Imaging market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry experts and Key officials of profiled companies.
Competition: Leading players have been studied depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand & Supply and Effectiveness: Optical Imaging report additionally provides distribution, Production, Consumption & Export & Import
Table of Contents with Major Points:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Purchasing the Optical Imaging Market:
➣ Outlook for the worldwide Optical Imaging market in both developed and emerging markets, both now and in the future.
➣ Both the market segment with the largest projected share and the market segment with the highest CAGR throughout the projection period.
➣ Countries and regions anticipated to experience the fastest development throughout the projected period.
➣ The most recent innovations, market shares, and business tactics used by the key market participants.
➣ Study examines emerging market trends as well as the likelihood that various trends will impact expansion.
➣ Analysis also discusses the factors, challenges, and opportunities that will have a significant impact on the global Optical Imaging industry.
➣ Research includes a detailed analysis of market statistics as well as historical and current growth conditions in order to provide futuristic growth estimates.
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