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Optical Imaging Market Size

  • Report ID: GMI5898
  • Published Date: May 2023
  • Report Format: PDF

Optical imaging Market Size

Optical imaging market size was valued at over USD 1.9 billion in 2023 and is projected to grow at a CAGR of 10.2% from 2024 to 2032.

 

Optical imaging is a non-invasive technique for obtaining photographs of interior body components. Visible light and photons are employed to provide a clear image of internal organs and tissues. Images of cells and molecules obtained from bigger structures are also sought. These images are utilized by doctors to diagnose and cure diseases, as well as by researchers for a range of research projects. The increasing demand for imaging procedures in various medical applications, such as ophthalmology, cardiology, and oncology, is anticipated to drive the growth of the market.

 

Moreover, the growing prevalence of eye disorders due to the increasing geriatric population base is anticipated to augment the growing of the optical imaging market. For instance, according to the World Health Organization (WHO), approximately 2.2 billion people have a near or distance vision impairment. Modern lifestyles characterized by increased screen time, prolonged near work activities, and exposure to harmful environmental factors like pollution and UV radiation can contribute to the development of eye disorders.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for optical imaging was valued at over USD 1.9 billion in 2023 and is projected to amass more than USD 4.5 billion by 2032 attributed to the growing prevalence of eye disorders due to the increasing geriatric population base.

The imaging systems product segment generated more than USD 400 million in 2022 and is set to reach over USD 1,100 million by 2032 driven by its growing use in ophthalmology, oncology, and other applications.

The U.S. optical imaging market valuation exceeded USD 500 million in 2022 and will reach more than USD 1,350 million by 2032 owing to the high prevalence of chronic diseases and neurological disorders.

Koninklijke Philips, Canon, Inc, Carl Zeiss Meditec AG, PerkinElmer, Inc, St. Jude Medical Inc., Topcon Corporation, Abbott Laboratories, Olympus Corporation, Heidelberg, Engineering GmbH, Kibero, Leica Microsystems, and Headwall Photonics, Inc are some of the top participants in the industry.

Optical Imaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 423
  • Countries covered: 31
  • Pages: 195
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