The healthcare industry is continuously looking for better ways for early detection and diagnoses of serious life threatening disorders constantly with the help of innovations and technological advancements in the healthcare sector. The diseases like eye diseases, cardiovascular disorders, skin diseases and cancers are in major focus for the researchers and innovators to act upon which is creating opportunities for the growth of the global optical coherence tomography market in the forecast period. Optical coherence tomography, thus, is now considered as a standard of care in ophthalmol
The healthcare industry is continuously looking for better ways for early detection and diagnoses of serious life threatening disorders constantly with the help of innovations and technological advancements in the healthcare sector. The diseases like eye diseases, cardiovascular disorders, skin diseases and cancers are in major focus for the researchers and innovators to act upon which is creating opportunities for the growth of the global optical coherence tomography market in the forecast period. Optical coherence tomography, thus, is now considered as a standard of care in ophthalmology and eye related problems. It helps in the evaluation of the real-time information of disease diagnosis, progression of the disease, disease pathogenesis as well as potential treatment options for these disorders to detect the diseases in early stages and then treat them before it has caused much harm to the patient's health and body functions driving the healthcare industry and its benefits. Moreover, being non-invasive in nature, the optical coherence tomography has made it a preferred choice for optical imaging for treatments in various hospitals and also among the doctors and patients which is leading to the growth of the global optical coherence tomography market.
The global optical coherence tomography market is segmented on various components based on type, technology, and application. On the basis of technology, time domain optical coherence tomography (TDOCT) segment held the largest share among the others of the optical coherence tomography market in 2018 as per suggested by the reports. Spatially encoded domain optical coherence tomography segment is expected to witness sudden growth during the forecast timeframe which is driving the market for the global optical coherence tomography market. Based on application, ophthalmology segment grabbed majority of the share because of its several features which act beneficial for the patient of the global optical coherence tomography market.
With the growing population, urbanisation and industrialisation, there is an increase in the diseases and disorders spreading all across the world The reasons can be any starting from the growth of pollution around, water pollutio0n leading to various water related diseases and disorders all around the world. Change in dietary habits of the people who are moving more and more towards the adaption of daily eating of junk food and food with several adulteration substances mixed in them. The growing population is contributing to the spreading of viruses and epidemics all around the globe. Hence there is a need to develop advanced medical facilities to cater the needs of this growing population and the increasing demand for such medical facilities which is leading to the growth of the global optical coherence tomography market.
There is a growing preference for minimally invasive surgeries which should not cause huge changes in the body of the patient and only treat the part which is effected in minimal surgery. There are technological advancements happening all around the globe which is helping the hospitals and clinics with various treatments is leading to the growth of the global optical coherence tomography market The health sector adapting to various technological advancements and the increasing healthcare awareness among the people are some of the prominent factors driving the growth of the global optical coherence tomography market. Along with that due to the food habits and adaption of street and packaged foods, there are increasing number of obese and geriatric population who prefer for less hospital stay are the other factors that drive the market. There is an increase in the investments in the healthcare sector by the governments which is creating opportunities for research and development of various new technologies creating opportunities for the growth of the global optical coherence tomography market.
It is been observed since several years that there is an increase in the rising cases of eye diseases all around the globe. With the smartphones and internet usage people are spending the lot of time using mobile phones or laptops viewing a single screen for large amount of time. There are kids and adults engraved in online gaming which is causing increase in the eye problems which is leading to the growth of global optical coherence tomography market. Along with that there are technological advancements in every sector including the heath care driving the industry are the key factors driving the optical coherence tomography market. The increasing prevalence of eye diseases has a significant impact on the optical coherence tomography market for its various uses and advantages in the eye care market and it further pushes the demand for new, and advanced products which suit a large number of customers, are easy to operate for the doctors and are also cost efficient with higher accuracy of the instruments used in them with is creating opportunities for the growth of the global optical coherence tomography market.
There is an increase in the uses and applications of optical coherence tomography across various sectors, rising approval from regulatory bodies for the use of the optical coherence tomography because of its advantages over the traditional treatments and cures and favourable reimbursements from the patients and other business are also fuelling the growth of global optical coherence tomography market. OCT has been evolved as one of the most important imaging technique in various medical applications and is widely used as a preference by the professionals in this field. optical coherence tomography gives a solution or treatment for the global public health issues such as age-related Macular Disease, cardiovascular disease, barett’s oesophagus, non-melanoma skin cancer, diabetic retinopathy, prostate cancer, etc. Because of its benefits and usefulness in these types of diseases, it is expected to reach medical applications outside ophthalmology which includes many sectors like cardiovascular and life sciences sector . There is a huge requirements for label-free, non-invasive, in vivo imaging techniques for the diagnosis and monitoring of these pathologies at critical stages that optical coherence tomography can help them detect and cure these diseases. Moreover the demand from developing countries with people having good spending potential such as China or India for medical equipment is seeing huge potential for the growth and development of the global optical coherence tomography market in the forecast period. The instrument and the components are high in cost because of the equipment’s used in them which may act as a challenge to the growth of the global optical coherence tomography market.