According to a study in the Journal of the American College of Radiology (JACR), compared with 2019, the total imaging volume was reduced by 28% during the seven weeks during the COVID-19 pandemic. The optical imaging system market is supposed to grow at an annual growth rate of almost 15% worldwide.
It is estimated that by 2021, the global market for optical imaging systems will exceed US$2 billion. It is expected that the increasing use of optical imaging in clinical and clinical trials in the pharmaceutical and biotechnology fields, as well as the increasing influence of advanced technologies, will drive growth. diagnosis. And treatment. It plays a very important role in preclinical research, helping to continuously monitor disease progression and molecular effects in animal models, thereby accelerating the development of this field. Due to the increasing use of these technologies in the pharmaceutical and biotechnology industries as well as medical diagnosis and treatment, optical imaging systems have developed rapidly in recent years.
For example, optical imaging provides greater flexibility due to its multispectral capabilities and high resolution. It can be used for the diagnosis and treatment of atherosclerosis and related diseases. These systems are widely used in disease diagnosis, preclinical research, and in vivo studies of various cellular and molecular processes (such as proteolysis B, protein interactions, and protease activity).
Major market players:
Abbott Laboratories (US), Carl Zeiss Meditec AG (Germany), Canon (Japan), Topcon Corporation (Japan) and Koninklijke Philips (Netherlands).
The treatment areas are divided into ophthalmology, cardiology, cardiovascular, oncology, neurology and dermatology. Due to the increase in the number of elderly people during the forecast period, the increase in the prevalence of chronic diseases is expected to drive the growth of the sector. Due to its non-invasive technology, optical imaging is becoming more and more popular as a non-invasive cancer treatment, and it plays an important role in the treatment of cataracts and other eye diseases.
North America dominated the world market with 35.0% of revenue in 2015. Advanced research infrastructure, the availability of qualified personnel, and the rapid implementation of technologically advanced equipment are some of the special growth factors for this industry. For example, the US Optical Imaging Conversion Research Network is funding research and development in the surface industry. Public funds in the form of fiscal and fiscal incentives have a positive effect on market development. The Asia-Pacific region is expected to grow at the fastest rate from 2016 to 2024, with a compound annual growth rate of approximately 13.0%. Factors such as low research cost and strict route are worth studying. Government guidelines and areas where the government provides the highest funding. In 2014, the Chinese government invested approximately US$112 billion in medical research and development, including system development and research. The main players in the optical imaging system market are Engineering, Inc., Optovue, Inc. and Headwall Photonics, Inc.
Existing participants continue to use new technologies to maintain market share and bring innovative products such as PerkinElmer and Inc. to the market IVIS Lumina XRMS system. Since it is a multispectral system capable of simultaneously identifying multiple events in biological monitoring, new methods have been developed to identify and improve the health infrastructure in developing countries during the forecast period. They are expected to have a general tendency to create business opportunities.
Main market regions:
The study on Optical imaging systems market was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the Global Optical imaging systems market research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.