The Worldwide Optical Imaging Industry is Expected to Reach $4.9 Billion by 2027 - ResearchAndMarkets.com

2022-12-05

DUBLIN--(BUSINESS WIRE)--The "Global Optical Imaging Market (2022-2027) by Product, Therapeutic Area, Application, Imaging Technique , End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

'Global Optical Imaging Market (2022-2027) by Product, Therapeutic Area, Application, Imaging Technique , End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis'

The Global Optical Imaging Market is estimated to be USD 2.68 Bn in 2022 and is expected to reach USD 4.9 Bn by 2027, growing at a CAGR of 12.82%.

Market dynamics are forces that impact the prices and behaviors of the Global Optical Imaging Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Optical Imaging Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Optical Imaging Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

The report offers a comprehensive evaluation of the Global Optical Imaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

Need for Early Diagnostic Solutions

Increasing Cases Related to Neurological and Ophthalmological Disorders

Surge in Demand for Non-invasive Procedures

Restraints

Costly Optical Imaging Procedures

Opportunities

Growing Number of Investments by Different Companies in the Optical Industry

Technological Advancement in the Visual Imaging Industry

Challenges

Less Number of Skilled Operators

Issues Related to Reimbursement

Market Segmentation

The Global Optical Imaging Market is segmented based on Product, Therapeutic Area, Application, Imaging Technique, End-User and Geography.

By Product, the market is classified into Imaging Systems, Software, Cameras, Lenses, and Illumination systems.

By Therapeutic Area, the market is classified into Cardiology, Dentistry, Dermatology, Neurology, Oncology, and Ophthalmology.

By Application, the market is classified into Pathological Imaging and Intra-operative Imaging.

By Imaging Technique, the market is classified into Optical Coherence Tomography (OCT), Near-infrared spectroscopy (NIRS), Hyperspectral Imaging (HSI), and Photoacoustic Tomography (PAT).

By End-User, the market is classified into Diagnostic Imaging Centers, and Hospitals & Research Laboratories.

By Geography, the market is classified into the Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Companies Mentioned

Abbott Laboratories

Agfa-Gevaert N.V.

Arcscan Inc.

Canon Inc.

Carl Zeiss Meditec Ag

Cylite Pty Ltd.

Dermalumics

Headwall Photonics, Inc.

Heidelberg Engineering, Inc.