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Optical Imaging - Market Opportunities and Forecasts, 2014 -2020   mailprint  Formats: format Upcoming Date: Jul 2015
  • Code: ME 1573
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Report Overview

Report Image

Optical imaging is a fiber optic and photonics based non-invasive technique that enables accurate viewing of organs, tissues and even molecules. The global optical imaging technology market comprises Photo-Acoustic Tomography (PAT), Optical Coherence Tomography (OCT), Near-Infrared Spectroscopy (NIRS), and Hyper-Spectral Imaging (HSI). This technology finds primary application in clinical research and pathology for disease diagnosis and treatment. Optical imaging market was valued $915.75 million in 2012 and is expected to grow at a CAGR of 12.2% during 2013-2020. In comparison to conventional radiological technologies, optical imaging has led to significant reduction in exposure to harmful rays. As the technique involves a non-invasive and no ionization process of imaging, it offers higher safety and allows repeated imaging to track the progression of disease or effectiveness of the treatment. Growing healthcare concern throughout the globe is a largely impacting driver of the market.

However, high investment and installation costs and reimbursement issues are expected to restrict the growth of this market. Despite of these restraints, companies are still enthusiastic to enter this market owing to the increasing demand for the optical imaging technologies and significant growth opportunities.  North America is dominating the market at present, followed by Europe. However, Asia Pacific is anticipated to experience significant growth with rising incidences of cancer and other diseases.

Key players in the market include Volcano Corporation, Michelson Diagnostics, Carl Zeiss Meditec, Headwall Photonics, Chemlmage Corporation, Somanetics Corporation, Bioptigen Inc., ASE Optics Inc., and Topcon Medical Systems Inc.

KEY BENEFITS

  • Market analysis based on current market situation, expected future trends and market intelligence to enable informed decision-making process
  • Analysis of the market factors in various geographic regions that would help understand business opportunities
  • Market analysis based on various segments and also forecast from 2013 to 2020 with 2012 as base year
  • Identification of key investment pockets for various applications, services and geographies
  • To identify key players and their strategic moves
  • Implications of the regulations across countries and their impact on the market
  • Assess and rank the top factors that are expected to affect the growth of the market
  • Evaluation of market trends to provide deep-dive intelligence into every market segment
  • Competitive analysis to effectively plan and execute business plan

 KEY MARKET SEGMENTS

GLOBAL MARKET, BY TECHNOLOGY

  • Photo-Acoustic Tomography (PAT)
  • Optical Coherence Tomography (OCT)
  • Near-Infrared Spectroscopy (NIRS)
  • Hyper-Spectral Imaging (HSI)

GLOBAL MARKET,  BY APPLICATIONS

  • Ophthalmology
  • Neurology
  • Oncology
  • Dentistry
  • Dermatology
  • Life Sciences and Clinical Research

GLOBAL MARKET,  BY GEOGRAPHY

  • North America
  • Asia Pacific
  • Europe
  • RoW

KEY AUDIENCES

  • Research Organizations
  • Healthcare Organizations
  • Healthcare Clinics
  • Pathologies

Table Of Contents

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Research Methodology

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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