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DALLAS, Dec. 8, 2014--(PR Newswire)--

2019 Forecast for Optical Imaging Market at CAGR of 12.7% Says a Research Report Available on offers "Optical Imaging Market research reports that provide industry analysis and forecasts to 2019 for Technique, Product and applications" global research report in its store.

PR Newswire

DALLAS, Dec. 8, 2014 /PRNewswire-iReach/ -- The report on Optical Imaging Market by Technique (Optical Coherence Tomography, Hyperspectral Imaging, Photoacoustic Tomography), Product (Imaging System, Imaging software) & by Application (Ophthalmology, Neurology, Oncology, Cardiology) - Global Forecasts to 2019 is spread across 225 pages and says that the global optical imaging market is expected to grow at a strong CAGR of 12.7% from 2014 to reach 1,669.2 million by 2019. The market is mainly driven by increasing research in the pharmaceutical and biotechnology segments, a growing demand for noninvasive modalities for therapeutic and diagnostic applications due to increasing healthcare awareness, and the successful application of optical imaging technology in medical diagnostics and therapeutics in the end-user markets. However, the high cost and data requirements, stringent regulations regarding medical devices, reimbursement challenges, lack of data validation, and operator skills are hampering the growth of this market. Complete report is available at .

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Major players in optical imaging market include St. Jude Medical Inc, Carl Zeiss Meditec Ag, Bioptigen Inc, Topcon Corporation (Topcon Medical Systems, Inc.), Canon Inc, Heidelberg Engineering Inc, Headwall Photonics Inc, Optovue Inc, Perkinelmer Inc and Volcano Corporation are the leading players, together accounting for over 50% of the global optical imaging market in 2013. Volcano and St. Jude Medical Inc Corporation both has a robust portfolio for optical imaging products. These players have extensive experience and expertise in OCT technology. On the other hand Carl Zeiss has a strong geographical presence, with business operations in several geographies across the globe, including Europe, North America, Asia, Middle East, Latin America, and Africa, along with a strong optical imaging product portfolio.. Order a copy of this research at .

The research on Optical Imaging Market by Technique (Optical Coherence Tomography, Hyperspectral Imaging, Photoacoustic Tomography), Product (Imaging System, Imaging software) & by Application (Ophthalmology, Neurology, Oncology, Cardiology) - Global Forecasts to 2019  In this report, the global optical imaging market is segmented by techniques, products, application, end users and geography. The optical imaging market is mainly classified by techniques into Optical Coherence Tomography, Hyperspectral Imaging, Near-Infrared Spectroscopy, and Photoacoustic Tomography. The optical imaging products market covers Optical Imaging Systems, Optical Imaging Cameras, Optical Imaging software, Imaging Lenses, Illumination Systems, and other optical imaging products. The optical imaging systems market is further subdivided into OCT Imaging Systems, and the Spectral Imaging Systems/ Spectral Imagers segments.

By 2019, North America is expected to contribute the largest share to the global optical imaging market, followed by Europe, Asia-Pacific, and RoW. However, developed geographies like North America and Europe are likely to grow at lower CAGRs as compared to Asia-Pacific. The Asia-Pacific region is expected to show the fastest market growth during the forecast period, largely driven by increasing research funding from government and private investors, and the growing number of research laboratories in the region. Priced at $4650 for a single user PDF, a discount on this research report can be requested at .

During the forecast period, the OCT segment will continue to dominate the optical imaging market. OCT is growing primarily due to its successful clinical applications, especially in ophthalmology. Furthermore, the growing demand for optical imaging in pharmaceutical and biopharmaceutical industries for drug formulation and other usages is also expected to drive the growth of the optical imaging market.

Over the last decade, the optical imaging market has grown, primarily due to the widening applications of optical imaging techniques, the increased demand for safer and noninvasive imaging modalities, and a rising need to minimize the use of radiation in diagnostic imaging. The fast-growing pharmaceutical and biotechnology industries are also catalyzing the growth of the optical imaging market.

This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on product portfolios offered by the top players in the optical imaging market. The report analyzes the optical imaging market by techniques, products, and applications across all regions.
  • Product Development/Innovation: Detailed insights on upcoming trends, research and development, and new product launches in the optical imaging market.
  • Market Development: Comprehensive information on lucrative emerging markets by technique, application, indication and geography.
  • Market Diversification: Information on new products, regions, recent developments, and investments in the optical imaging market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, manufacturing capabilities, and SWOT analyses of leading players in the optical imaging market.

Explore more Medical Imaging Market Research Reports at .

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