Overview


According to FutureWise analysis the market for Intravascular Optical Coherence Tomography (OCT) Imaging Systems is expected to reach US$ 2.46 billion by 2031 at a CAGR of 7.53%.

Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems for Cardiology refer to medical devices that use light waves to create high-resolution images of the inside of blood vessels. Intravascular OCT imaging systems consist of a catheter equipped with a specialized light source and a detector that is inserted into the blood vessel. The catheter emits a beam of near-infrared light that penetrates the vessel wall and is reflected back by the tissues inside. The reflected light is then detected by the catheter and used to create a cross-sectional image of the vessel. The high-resolution images produced by intravascular OCT imaging systems allow cardiologists to visualize the vessel wall in great detail, which can help them diagnose and treat cardiovascular conditions.

The development of technology resulted in the development of the OCT imaging system for intravascular imaging.  OCT systems were quickly adopted by end users because to their superior resolution and quick picture collection compared to conventional imaging techniques. It also reduces medical issues and enables for precise optimisation of stent deployment. The OCT has many advantages over other imaging modalities in clinical settings. Additionally, it is widely used in research investigations and serves as a supplement to existing technologies' imaging methods. Furthermore, expanding technology is anticipated to accelerate the use of intravascular OCT imaging devices for clinical trials and patient assessment. The market is now in its infancy, and throughout the projected period, it is anticipated to rise by double digits.

FutureWise Market Research has published a report that provides an insightful analysis of Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems for Cardiology Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems for Cardiology Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Abbott Laboratories
  • CONAVI MEDICAL,
  • LightLab Imaging Inc.
  • St. Jude Medical

Recent developments by key players in Global Intravascular Optical Coherence Tomography (OCT) Imaging Systems for Cardiology Market:

In November 2020, Using patient biometric data and optical coherence tomography images, a research team from the Severance Hospital in the United States developed a machine learning-based fractional flow reserve prediction method. This development aids in the treatment of patients undergoing coronary intervention surgery.

The global market for intravascular optical coherence tomography (OCT) imaging systems for cardiology is expected to grow significantly in the coming years. The target market is driven by the increasing prevalence of cardiovascular diseases worldwide, the increasing prevalence of cardiovascular diseases, advances in OCT technology are also driving the growth of the global market for OCT imaging systems. For example, new imaging systems are being developed that offer higher resolution and faster imaging speeds, which can help physicians to diagnose and treat cardiovascular diseases more quickly and accurately. Another key factor influencing the growth of the global market for OCT imaging systems is the increasing adoption of minimally invasive surgical procedures. OCT imaging systems are particularly well-suited for use in minimally invasive procedures, as they allow physicians to see inside blood vessels without the need for open surgery. This can help to minimize the risk of complications and shorten recovery times for patients.

However, there are several constraints which can limit the growth of the target market including the high cost of OCT imaging systems, which can limit their availability to certain healthcare providers and patients. Additionally, there is a lack of standardization in the use of OCT imaging systems, which can make it difficult to compare results across different studies and to establish best practices for their use in clinical settings. Despite these restraining factors, the target market is anticipated to grow, further boosting its revenue.

By Implant Type

  • Time domain intravascular OCT
  • Frequency Domain OCT

By End User

  • Hospitals
  • Diagnostics Laboratories
  • Ophthalmic Clinics
  • Outpatient Centres

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America holds highest revenue share of 46.3% in the global market in 2022. The OCT Devices market is anticipated to be dominated by North America. The North American OCT Devices Market is anticipated to grow as a result of significant growth factors like the rising geriatric population, rising risk factors for cardiovascular and ocular diseases like obesity, diabetes, and hypertension, rising government initiatives, and more product launches. Additionally, the market expansion in this region is fueled by high disposable income, an advanced healthcare system, the approval of new products, and increasing awareness.

  • Tier 1 players- established companies in the market with major market share
  • Tier 2 players
  • New Entrants
  • Emerging players which are growing rapidly
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the of Intravascular Optical Coherence Tomography (OCT) Imaging Systems Market By Implant Type, By End-User and By Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Global Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Intravascular Optical Coherence Tomography (Oct) Imaging Systems Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Global Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Global Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market, By Implant Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Time domain intravascular OCT
        2. Frequency Domain OCT

  • 8.   Global Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Diagnostics Laboratories
        3. Ophthalmic Clinics
        4. Outpatient Centres

  • 9.   North America Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 10.   Latin America Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 11.   Europe Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 12.   Asia Pacific Intravascular Optical Coherence Tomography (Oct) Imaging Systems Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 13.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 14.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Abbott Laboratories
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. CONAVI MEDICAL
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. LightLab Imaging Inc. (Acquired by Abbott Laboratories)
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. St. Jude Medical (Acquired by Abbott Laboratories)
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 17.   FutureWise SME Key Takeaway Points for Client
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