Global Optical Imaging Market Size and Forecast to 2030
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Product Code:
RP-ID-10060073 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
106 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
The global optical imaging system market is estimated to be more than USD 2 billion in 2021. Growth is expected to be driven by the growing use of optical imaging in clinical and clinical trials in the pharmaceutical and biotechnology sectors and the increasing impact of advanced technologies on diagnostics. and treatment. It plays a very important role in preclinical research and helps to continuously monitor disease progression and molecular effects in animal models, thus accelerating the development of this field.
Optical imaging systems have advanced rapidly in recent years due to the increasing use of these technologies in the pharmaceutical and biotechnology industries and in medical diagnosis and treatment. Optical imaging, for example, offers greater flexibility due to its multispectral capabilities and high resolution. It is useful in the diagnosis and treatment of atherosclerosis and related diseases. These systems are widely used in disease diagnosis, preclinical studies, and in vivo studies of various cellular and molecular processes such as proteolytic B, protein interactions, and protease activity.
TECHNICAL INFORMATION:
Based on technology, the market is divided into hyperspectral imaging, optical tomography, infrared spectroscopy, and acoustic tomography. In addition, the increasing use of endovascular imaging techniques in diagnostics is expected to accelerate further development.
PRODUCT INFORMATION:
Based on product, the optical imaging market is segmented into systems, cameras, lenses, software, and other products. Other products include products such as probes and catheters. The increasing use of leads and catheters in diagnostic and clinical trials is expected to drive the industry growth. As a result, other products are expected to experience the fastest growth during the forecast period.
APPLICATION INSIGHTS:
According to the program, the market is segmented into pathology and intraoperative imaging. The pathological part should increase during the forecast period. The spread of chronic diseases caused by deterioration of lifestyle and eating habits is expected to contribute to this growth.
END USE INFORMATION:
According to the end-users of the product, this segment is divided into pharmaceutical and biotechnology companies, laboratories, hospitals and clinics. The market share of pharmaceutical and biotechnology companies is expected to grow lucrative as the use of optical imaging in research and development increases. According to the World Health Organization (WHO), the pharmaceutical industry earns about $300 billion a year and spends about $50 billion on research and development. These large investments in R&D aim to stimulate market growth.
MEDICAL AREA OVERVIEW:
Treatment areas are divided into Eye, Cardiac, Cardiovascular, Oncology, Neurology and Skin. An increase in the prevalence of chronic diseases due to an increase in the number of elderly people during the forecast period is expected to drive the growth of this sector. Because of its non-invasive technology, optical imaging is gaining popularity as a non-invasive treatment for cancer and plays an important role in the treatment of cataracts and other eye diseases.
REGIONAL OUTLOOK:
North America dominated the global market with 35.0% revenue in 2015. Advanced research infrastructure, availability of qualified personnel and rapid implementation of technologically advanced equipment are some of the special growth factors for this sector. For example, the US Optical Imaging Transition Research Network is funding research and development in the surface industry.
Public funds in the form of financial and financial incentives have a positive effect on the development of the market. Asia Pacific region is projected to grow at the fastest rate from 2016 to 2024, with a compound annual growth rate of approximately 13.0%. Factors such as low cost of research, strict lines are worth investigating. Government guidelines and areas of increased government funding for them. In 2014, the Chinese government invested about $112 billion in medical research and development, including systems development research.
COMPETITIVE MARKET SHARE OVERVIEW:
The prominent players in the Optical Imaging Systems market are Engineering, Inc., Optovue, Inc. and Headwall Photonics, Inc. Existing players are constantly using new technologies to maintain market share and bring innovative products such as PerkinElmer and Inc. to the market in the IVIS Lumina XRMS system. Because it is a multispectral system capable of simultaneously identifying multiple events in biological surveillance, new methods have been developed to identify and improve health infrastructure in developing countries during the forecast period. They are expected to have a general tendency to create business opportunities.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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