North America Optical Coherence Tomography Market Size & Outlook
Related Markets
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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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.
Reasons to subscribe to North America optical coherence tomography market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America optical coherence tomography market databook
-
Our clientele includes a mix of optical coherence tomography market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
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)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more