China Optical Imaging Systems Market Size & Outlook
China optical imaging systems market, 2018-2030 (US$M)
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China optical imaging systems market highlights
- The China optical imaging systems market generated a revenue of USD 184.6 million in 2023 and is expected to reach USD 416.4 million by 2030.
- The China market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, optical coherence tomography was the largest revenue generating technology in 2023.
- Photoacoustic Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Optical imaging systems market data book summary
| Market revenue in 2023 | USD 184.6 million |
| Market revenue in 2030 | USD 416.4 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography |
| Fastest growing segment | Photoacoustic Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photoacoustic Tomography, Optical Coherence Tomography, Hyperspectral Imaging, Near-Infrared Spectroscopy |
| Key market players worldwide | Abbott Laboratories, PerkinElmer, Carl Zeiss Meditec AG, Koninklijke Philips NV, Topcon Corp, Canon Inc, Danaher Corp, Optovue, Arsenal Capital Partners, Heidelberger Druckmaschinen AG |
Other key industry trends
- In terms of revenue, China accounted for 8.4% of the global optical imaging systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan optical imaging systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 261.3 million by 2030.
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Optical Imaging Systems Market Scope
Optical Imaging Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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China optical imaging systems 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 imaging systems market will help companies and investors design strategic landscapes.
Optical coherence tomography was the largest segment with a revenue share of 62.3% in 2023. Horizon Databook has segmented the China optical imaging systems market based on photoacoustic tomography, optical coherence tomography, hyperspectral imaging, near-infrared spectroscopy covering the revenue growth of each sub-segment from 2018 to 2030.
The availability of resources that support development of advanced technology at reduced costs is resulting in growth of manufacturing facilities in the country. In addition, China has released Order 650 (former Order 276), Regulations for the Supervision and Administration of Medical Devices, to restrict foreign investments in the country mainly to protect domestic medical devices manufacturing market.
As a result, the number of local optical imaging manufacturers is anticipated to grow in the near future. The China Institute of Communications (CIC) and Chinese Optical Society (COS) sponsors the Asia Communications and Photonics Conference (ACP), which increases the penetration of the market players in this region.
Moreover, with many healthcare reforms in China, the market is expected to exhibit substantial growth. For instance, Life Seeds, the China Rural Health Initiative (CRHI), is expected to provide access to health care in remote parts of China, opening new opportunities for market players.
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Horizon Databook provides a detailed overview of country-level data and insights on the China optical imaging systems market , including forecasts for subscribers. This country databook contains high-level insights into China optical imaging systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China optical imaging systems market size, by technology, 2018-2030 (US$M)
China Optical Imaging Systems Market Outlook Share, 2023 & 2030 (US$M)
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