North America Optical Coherence Tomography Market Size & Outlook
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North America optical coherence tomography market highlights
- The North America optical coherence tomography market generated a revenue of USD 749.8 million in 2024.
- The market is expected to grow at a CAGR of 15.2% from 2025 to 2030.
- In terms of segment, frequency domain optical coherence tomography (fd-oct) was the largest revenue generating technology in 2024.
- Time Domain Optical Coherence Tomography (TDOCT) is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 749.8 million |
| Market revenue in 2030 | USD 1,735.4 million |
| Growth rate | 15.2% (CAGR from 2025 to 2030) |
| Largest segment | Frequency domain optical coherence tomography (fd-oct) |
| Fastest growing segment | Time Domain Optical Coherence Tomography (TDOCT) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Time Domain Optical Coherence Tomography (TDOCT), Frequency Domain Optical Coherence Tomography (FD-OCT), Spatially Encoded Frequency Domain OCT |
| Key market players worldwide | Agfa-Gevaert NV, Carl Zeiss Meditec AG, Heidelberg Materials AG, Imalux Corporation, Michelson Diagnostics, Novacam Technologies, Canon Inc, Metall Zug Ltd Class B, Topcon Corp, Abbott Laboratories |
Other key industry trends
- In terms of revenue, North America region accounted for 34.0% of the global optical coherence tomography market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,733.5 million by 2030.
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Optical Coherence Tomography Market Scope
Optical Coherence Tomography Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Novacam Technologies | View profile | 1-10 | Pointe-claire, Quebec, Canada, North America | https://www.novacam.com/ |
| Michelson Diagnostics | View profile | 11-50 | Orpington, Bromley, United Kingdom, Europe | http://www.md-ltd.co.uk |
| Imalux Corporation | View profile | 1-10 | Cleveland, Ohio, United States, North America | - |
| Heidelberg Materials AG | View profile | 51000 | Berliner Strasse 6, Heidelberg, BW, Germany, 69120 | https://www.heidelbergmaterials.com |
| Metall Zug Ltd Class B | View profile | 2224 | Industriestrasse 66, Zug, Switzerland, 6302 | http://www.metallzug.ch |
| Agfa-Gevaert NV | View profile | 7000 | Septestraat 27, Mortsel, Belgium, B-2640 | https://www.agfa.com |
| Topcon Corp | View profile | 5543 | 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, Japan, 1748580 | http://www.topcon.co.jp |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
North America optical coherence tomography market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical coherence tomography market will help companies and investors design strategic landscapes.
Frequency domain optical coherence tomography (fd-oct) was the largest segment with a revenue share of 42.48% in 2024. Horizon Databook has segmented the North America optical coherence tomography market based on time domain optical coherence tomography (tdoct), frequency domain optical coherence tomography (fd-oct), spatially encoded frequency domain oct covering the revenue growth of each sub-segment from 2018 to 2030.
North America is anticipated to dominate the Optical Coherence Tomography (OCT) market over the forecast period, after holding a market share of 34.67% in 2021. Its growth can be attributed to the rising number of ophthalmic disorders and increasing investments in R&D.
For instance, as per the CDC, approximately 12 million people aged above 40 years in the U.S. are expected to have vision impairment, including 8 million cases due to uncorrected refractive errors.
Furthermore, as per the United Nations Educational, Scientific & Cultural Organization (UNESCO), in 2018, the U.S. and Canada invested around 2.70% & 1.60% of their GDP in R&D, respectively. Thus, due to the abovementioned factors, North America’s OCT market is expected to witness significant growth over the forecast period.
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Target buyers of North America optical coherence tomography market databook
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Our clientele includes a mix of optical coherence tomography market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America optical coherence tomography market , including forecasts for subscribers. This continent databook contains high-level insights into North America optical coherence tomography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America optical coherence tomography oct market size, by country, 2018-2030 (US$M)
North America Optical Coherence Tomography Market Outlook Share, 2024 & 2030 (US$M)
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