According to the latest market research study by Technavio, the global optical imaging market is expected to grow at a CAGR of close to 8% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global optical imaging market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
Source: Technavio
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Hospitals and clinics: Hospitals and clinics are one of the major end-users for optical imaging. The optical imaging devices are used to diagnose diseases such as cancers, neurological disorders, and musculoskeletal diseases. The clinicians or technicians perform the optical imaging tests, and the doctors analyze the data.
“Recently, government-run hospitals in developing countries such as India, China, Brazil, Africa have decided to outsource imaging diagnostics tests. Such initiatives will save not only time and energy of the patients but also reduce the burden on health centers,” says Srinivas Sashidhar, a lead analyst at Technavio for research on medical imaging.
Pharmaceutical and biotechnology industries: Pharmaceutical and biotechnology organizations use optical imaging systems in the healthcare industry, as these systems are accessible, sensitive, and cost-effective. The optical imaging helps in drug development addresses limitations during the preclinical stage and aids improve data outcomes to facilitate the study of diseases during clinical trials.
Research laboratories: The research laboratories aim to develop advanced optical imaging solutions. They support clinicians with data related to their patient’s diagnosis, prognosis, and treatment which improves the personalization and quality of patient care. Optical imaging delivers a better understanding of the disease development, leading to the creation of potential therapies. Researchers opt for this technology to conduct feasibility tests and prove hypotheses.
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The top vendors operating in the global optical imaging market are:
- St. Jude Medical
- ZEISS
- TOPCON
- Leica Microsystems
The other prominent vendors in the market include Bruker, Canon, Edmund Optics, Electro-Optical Imaging, Headwall Photonics, Medtronic, Michelson Diagnostics, Miltenyi Biotec, NinePoint Medical, OPTICAL IMAGING, PANalytical, Raytheon, SANTEC, Specim Spectral Imaging, Spectral Instruments Imaging, Telops, and TriFoil Imaging.
A more detailed analysis is available in the Technavio report titled, ‘Global Optical Imaging Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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