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​ Intravascular Optical Coherence Tomography Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019to 2026

Press release   •   Sep 14, 2019 13:34 BST

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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, 2019-2026

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

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