Optical Imaging Industry Top Players and Growth Strategies

Global market size-

According to the new market research report Optical Imaging Market is projected to reach $3.3 billion by 2026, at a CAGR of 14.8%.

Market growth influenced due to following factors-

• Growing demand for noninvasive and radiation-free imaging modalities in the end-user markets.
• Increase in R&D activities involving optical imaging technology in the pharmaceutical and biotechnology sector are fuelling the growth of this market.

Leading Players & Growth Strategies-

Carl Zeiss Meditec AG (Germany), Abbott Laboratories (US), Topcon Corporation (Japan), Canon Inc. (Japan), PerkinElmer, Inc. (US), Koninklijke Philips N.V. (Netherlands), and Heidelberg Engineering (US) are the leading players in the optical imaging market. Leica Microsystems (Germany), Headwall Photonics, Inc. (US), Optovue Inc. (US), Optical Imaging Ltd. (Israel), Optos (Scotland), and Wasatch Photonics (Utah) are the other prominent players in the market. 

Carl Zeiss Meditec AG (Germany) held the leading position in the global optical imaging market in 2020. The company has a diversified product portfolio of optical imaging systems, majorly (OCT systems) for ophthalmic applications, which include a wide range of clinical tools for the diagnosis and treatment of eye diseases.

Over the years, the company has developed innovative products for various medical applications. The company’s products, such as Stratus OCT and Cirrus HD-OCT systems offer proficiencies and streamlined workflows that enable physicians to gather and interpret detailed disease information; they are also one of the most widely adopted clinical tools among ophthalmologists.

Topcon Medical Systems, Inc. was the second-largest player in the global optical imaging market. The company has maintained its leadership position in the market through its strong distribution networks across North America, Europe, and the Asia Pacific (especially Japan and China). It focuses on acquisitions and partnerships as its key business strategies to ensure growth in the global optical imaging market.

For More Details, Download PDF Brochure

Geographic Overview -

The Asia Pacific market is comparatively new to optical imaging; however, this region is expected to register the highest growth in the coming years. Countries such as Japan, Australia, New Zealand, South Korea, and Singapore are expected to provide significant growth opportunities for vendors of optical imaging.