Market revenue in 2023 | USD 520.9 million |
Market revenue in 2030 | USD 1,068.2 million |
Growth rate | 10.8% (CAGR from 2023 to 2030) |
Largest segment | Optical coherence tomography |
Fastest growing segment | Photoacoustic Tomography |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 62.66% in 2023. Horizon Databook has segmented the Europe 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 high public funding in Europe’s healthcare system is projected to contribute to growth of the regional market. Presence of supportive government organizations and the initiatives undertaken by them can be attributed to the ongoing R&D and improvements in biomedical imaging.
For instance, the establishment of the European Institute of Biomedical Imaging Research (EIBIR) by the European Society of Radiology (ESR) with an objective of improving European image-related research activities.
Moreover, rising incidence of cancer coupled with government support to curb the disease is one of the primary drivers resulting in substantial growth of the market in this region. For instance, the European Cancer Observatory promotes awareness for early diagnosis of cancer.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe optical imaging systems market , including forecasts for subscribers. This continent databook contains high-level insights into Europe optical imaging systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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