Asia Pacific Optical Coherence Tomography Market Size & Outlook
Asia Pacific optical coherence tomography market, 2018-2030 (US$M)
Asia Pacific optical coherence tomography market highlights
- The Asia Pacific optical coherence tomography market generated a revenue of USD 582.7 million in 2023.
- The market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
- In terms of segment, time domain optical coherence tomography (tdoct) was the largest revenue generating technology in 2023.
- Time Domain Optical Coherence Tomography (TDOCT) is the most lucrative technology segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 582.7 million |
| Market revenue in 2030 | USD 1,733.4 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Time domain optical coherence tomography (tdoct) |
| Fastest growing segment | Time Domain Optical Coherence Tomography (TDOCT) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Time Domain Optical Coherence Tomography (TDOCT) |
| Key market players worldwide | Agfa-Gevaert NV, Carl Zeiss Meditec AG, Heidelberg Materials AG, Imalux Corporation, Michelson Diagnostics, Novacam Technologies, Canon Inc, Metall Zug Ltd Class B, Topcon Corp, Abbott Laboratories |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.3% of the global optical coherence tomography market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,733.4 million by 2030.
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Optical Coherence Tomography Market Scope
Optical Coherence Tomography Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific optical coherence tomography market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical coherence tomography market will help companies and investors design strategic landscapes.
Time domain optical coherence tomography (tdoct) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific optical coherence tomography market based on time domain optical coherence tomography (tdoct) covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market is anticipated to witness the fastest CAGR over the forecast period. The growth can be attributed to the large target population in this region. For instance, OCT can be used for the early detection of glaucoma, and therefore, growing prevalence of glaucoma is expected to boost the OCT market in this region.
For instance, according to Asia Pacific Eye Centre, glaucoma was estimated to affect 59 million individuals in 2020 and can affect 80 million by 2040. Therefore, the growing prevalence of glaucoma is expected to drive the Asia Pacific OCT market.
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Our clientele includes a mix of optical coherence tomography market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific optical coherence tomography market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific optical coherence tomography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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