The optical coherence tomography angiography equipment market is projected to reach US$ 616.31 million by 2028 from US$ 388.50 million in 2021; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.
Technical innovations in the optical coherence tomography angiography equipment by the leading companies, rising geriatric population, and fast market approvals are the factors contributing to the growth of the market during 2021–2028.
North America is likely to continue its dominance in the optical coherence tomography angiography equipment market during 2021–2028. The US holds the largest market share in this region. The optical coherence tomography angiography equipment market growth in the US is mainly due to the escalating prevalence of eye-related disorders in this country. According to the National Institute of Health (NIH) report, from 2005 to 2010, the number of people suffering from age-related macular degeneration (AMD) grew by 18% from 1.75 million to 2.07 million. By 2050, this number is projected to reach from 2.07 million to 5.44 million. To reduce such high prevalence, governments and other institutions take initiatives for raising awareness among the population. For example, the Centers for Disease Control and Prevention (CDC) and VHI joined hands to create more effective multilevel network for the prevention of vision loss and eye health promotion. Therefore, the growing burden of eye-related disorders among the elderly population favors the use of advanced eye care and awareness programs across the country, thereby supporting the growth of market.
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Optical Coherence Tomography Angiography Equipment Market: Strategic Insights
Market Size Value in US$ 388.50 million in 2021 Market Size Value by US$ 616.31 million by 2028 Growth rate CAGR of 6.8% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Optical Coherence Tomography Angiography Equipment Market: Strategic Insights
| Market Size Value in | US$ 388.50 million in 2021 |
| Market Size Value by | US$ 616.31 million by 2028 |
| Growth rate | CAGR of 6.8% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Lucrative Regions for Optical Coherence Tomography Angiography Equipment Market
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Market Insights
Technological Innovations in Optical Coherence Tomography Angiography Equipment by Leading Companies Drives Market Growth
According to a report by the Wolters Kluwer Health, Inc., the progress made in ophthalmic imaging technologies in the past two decades has revolutionized clinical approaches and improved the efficiency of eye care services. The advancements in OCT technology improve disease detection and provide a better understanding of disease pathophysiology. For example, "SS-OCT" employs a fast sweeping scan pattern through a broad bandwidth, allowing faster scanning speed. Leading companies in the OCTA market are launching new products that educate professionals regarding benefits associated with OCTA that will definitely have an optimistic impact on the growth of optical coherence tomography angiography equipment market during 2021–2028. In April 2019, ZEISS Medical Technology segment announced the launch of the first dual-speed Swept-Source OCT/OCTA that features a retina enabling visualization option for diagnosing various diseases.
Type Insights
Based on the type, the optical coherence tomography angiography equipment market is segmented into handheld type and tabletop type. The tabletop type segment is estimated to account for the largest market share during 2021–2028. Advancements in retinal imaging modalities allow physicians to visualize posterior segment of the eye. With the growing clinical use of such advanced clinical imaging techniques constantly expanding and new developments in machinery it results in improvements in patient’s ophthalmology care. With the invention of widefield and ultra-field fundus imaging systems—such as the non-contact tabletop Zeiss Clarus—the quick gathering of high-resolution information beyond the posterior pole of an eye has become possible. Such technological developments are driving the growth of the optical coherence tomography angiography equipment market for the tabletop type.
Optical Coherence Tomography Angiography Equipment Market, by Type – 2021 and 2028
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End User Insights
Based on end user, the optical coherence tomography angiography equipment market is segmented into hospitals, clinics, and others. The hospitals segment would dominate the market accounting maximum share and will continue to do so till the forecast period of 2021 to 2028. The market growth for optical coherence tomography angiography equipment of this segment is ascribed to the rising prevalence of eye-related disorders worldwide resulting in accelerating adoption of OCTA within hospitals.
Companies operating in the optical coherence tomography angiography equipment market adopt the product innovation strategy to meet the evolving customer demands worldwide, which also permits them to maintain their brand name in the global market.
Optical Coherence Tomography Angiography Equipment Market – Segmentation
Based on type, the market is segmented into handheld type and tabletop type. By end user, the optical coherence tomography angiography equipment market is segmented into hospitals, clinics, and other. Based on geography, the optical coherence tomography angiography equipment market is primarily segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA) and South and Central America. The optical coherence tomography angiography equipment market in North America is further segmented into the US, Canada, and Mexico. The European optical coherence tomography angiography equipment market is subsegmented into France, Germany, the UK, Spain, Italy, and the Rest of Europe. The market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The optical coherence tomography angiography equipment market in the MEA is further segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The market in South and Central America is segmented into Brazil, Argentina, and the Rest of South and Central America.
Optical Coherence Tomography Angiography Equipment Market- Company Profiles
- NIDEX Co., LTD.
- Carl Zeiss AG
- OPTOVUE, INCPORPOTRATED
- Canon, Inc.
- OPTOPOL TECHNOLOGY SP. Z.O.O
- Alcon, Inc.
- Michelson Diagnostics Ltd.
- Topcon Corporation
- SANTEC Corporation
- HEIDELBERG ENGINEERING GMBH
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Optical coherence tomography angiography equipment (OCTA) is a form of non-invasive and novel imaging system. It generates high volumetric data of choroidal and retinal layers by showing both blood and structural flow information. Optical coherence tomography angiography is utilized to picture general retinal diseases such as age-related macular degeneration and diabetic retinopathy that serves as a responsible factor for causing blindness. It is the most commonly employed imaging modality in the ophthalmology field and precise for guiding treatment and evaluating fluid accumulation in diseases concerning the retina.
Rising prevalence of eye-related disorders and rising geriatric population are the most significant factors responsible for the overall market growth.
Based on type, tabletop type segment took the forefront lead in the worldwide market by accounting largest share in 2020 and is expected to continue to do so till the forecast period.
The hospital segment dominated the global optical coherence tomography angiography equipment market and accounted for the largest market share of 50.06% in 2021.
NIDEK CO., LTD., Carl Zeiss AG, OPTOVUE, INCORPORATED, Canon Inc., OPTOPOL TECHNOLOGY SP. Z.O.O, Alcon, Inc., Michelson Diagnostics Ltd., Topcon Corporation, SANTEC Corporation, HEIDELBERG ENGINEERING GMBH are among the leading companies operating in the global optical coherence tomography angiography equipment market.
Global optical coherence tomography angiography equipment market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. In North America, the U.S. is the largest market for optical coherence tomography angiography equipment market. The US is estimated to hold the largest share in the optical coherence tomography angiography equipment market during the forecast period. The presence of top players and favorable regulations related to product approvals coupled with commercializing new products are the contributing factors for the regional growth. Additionally, the increasing number of R&D activities is the key factor responsible for the Asia-Pacific regional growth for optical coherence tomography angiography equipment accounting fastest growth of the region during the coming years.
1. Introduction 23
1.1 Scope of the Study. 23
1.2 The Insight Partners Research Report Guidance. 23
1.3 Market Segmentation. 24
1.3.1 Global Optical Coherence Tomography Angiography Equipment Market – By Type. 25
1.3.2 Global Optical Coherence Tomography Angiography Equipment Market – By End User 26
1.3.3 Global Optical Coherence Tomography Angiography Equipment Market – By Geography. 26
2. Key Takeaways 27
3. Research Methodology 33
3.1 Coverage. 34
3.2 Secondary Research. 34
3.3 Primary Research. 34
4. Optical Coherence Tomography Angiography Equipment Market – Market Landscape 36
4.1 Overview.. 36
4.2 PEST Analysis. 36
4.2.1 North America PEST Analysis. 36
4.2.2 Europe PEST Analysis. 37
4.2.3 Asia Pacific PEST Analysis. 37
4.2.4 Middle East and Africa PEST Analysis. 38
4.2.5 South And Central America PEST Analysis. 38
4.3 Experts Opinion. 39
5. Global Optical Coherence Tomography Angiography Equipment Market – Key Market Dynamics 40
5.1 Market Drivers. 40
5.1.1 Rising Prevalence of Eye-Related Disorders. 40
5.1.2 Rise in Geriatric Population. 42
5.2 Market Restraints. 43
5.2.1 Lack of Skilled Professionals and System Challenges. 43
5.3 Market Opportunities. 43
5.3.1 Technological Innovation in OCT Angiography Devices. 43
5.4 Future Trends. 44
5.4.1 Artificial Intelligence in OCT Angiography. 44
6. Optical Coherence Tomography Angiography Equipment Market– Global Analysis 46
6.1 Global Optical Coherence Tomography Angiography Equipment Market Revenue Forecast and Analysis. 46
6.2 Global Optical Coherence Tomography Angiography Equipment Market, By Geography - Forecast and Analysis. 47
6.3 Market Positioning of Key Players. 47
7. Global Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028– by Type 48
7.1 Overview.. 48
7.2 Global Optical Coherence Tomography Angiography Equipment Market, By Type, 2021 & 2028 (%) 48
7.3 Handheld Type. 49
7.3.1 Overview.. 49
7.3.2 Handheld Type: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 49
7.4 Tabletop Type. 50
7.4.1 Overview.. 50
7.4.2 Tabletop Type: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 50
8. Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028 – End User 51
8.1 Overview.. 51
8.2 Global Optical Coherence Tomography Angiography Equipment Market Share by End User Segment - 2021 & 2028 (%) 51
8.3 Hospitals. 52
8.3.1 Overview.. 52
8.3.2 Hospitals: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecast to 2028 (US$ Million) 52
8.4 Clinics. 53
8.4.1 Overview.. 53
8.4.2 Clinics: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecast to 2028 (US$ Million) 53
8.5 Others. 54
8.5.1 Overview.. 54
8.5.2 Others: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecast to 2028 (US$ Million) 54
9. Optical Coherence Tomography Angiography Equipment Market– Geographical Analysis 55
9.1 North America: Optical Coherence Tomography Angiography Equipment Market 55
9.1.1 Overview.. 55
9.1.2 North America: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 56
9.1.3 North America: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (US$ Million) 56
9.1.4 North America: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (US$ Million) 57
9.1.5 North America: Optical Coherence Tomography Angiography Equipment Market, by Country, 2021 & 2028 (%) 57
9.1.5.1 US: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 57
9.1.5.1.1 Overview.. 57
9.1.5.1.2 US: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 58
9.1.5.1.3 US: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (US$ Million) 59
9.1.5.1.4 US: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (US$ Million) 59
9.1.5.2 Canada: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 59
9.1.5.2.1 Overview.. 59
9.1.5.2.2 Canada: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 60
9.1.5.2.3 Canada: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (US$ Million) 61
9.1.5.2.4 Canada: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (US$ Million) 61
9.1.5.3 Mexico: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 61
9.1.5.3.1 Overview.. 61
9.1.5.3.2 Mexico: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 62
9.1.5.3.3 Mexico: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (US$ Million) 62
9.1.5.3.4 Mexico: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (US$ Million) 63
9.2 Europe: Optical Coherence Tomography Angiography Equipment Market 64
9.2.1 Overview.. 64
9.2.2 Europe: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 65
9.2.3 Europe: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 65
9.2.4 Europe: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 66
9.2.5 Europe: Optical Coherence Tomography Angiography Equipment Market, by Country, 2021 & 2028 (%) 66
9.2.5.1 Germany: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 66
9.2.5.1.1 Overview.. 66
9.2.5.1.2 Germany: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 67
9.2.5.1.3 Germany: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 68
9.2.5.1.4 Germany: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 68
9.2.5.2 France: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 69
9.2.5.2.1 Overview.. 69
9.2.5.2.2 France: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 69
9.2.5.2.3 France: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 70
9.2.5.2.4 France: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 70
9.2.5.3 UK: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 71
9.2.5.3.1 Overview.. 71
9.2.5.3.2 UK: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 72
9.2.5.3.3 UK: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 72
9.2.5.3.4 UK: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 73
9.2.5.4 Italy: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 73
9.2.5.4.1 Overview.. 73
9.2.5.4.2 Italy: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 74
9.2.5.4.3 Italy: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 74
9.2.5.4.4 Italy: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 75
9.2.5.5 Spain: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 75
9.2.5.5.1 Overview.. 75
9.2.5.5.2 Spain: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 76
9.2.5.5.3 Spain: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 76
9.2.5.5.4 Spain: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 77
9.2.5.6 Rest of Europe: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 77
9.2.5.6.1 Overview.. 77
9.2.5.6.2 Rest of Europe: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 78
9.2.5.6.3 Rest of Europe: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 78
9.2.5.6.4 Rest of Europe: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 79
9.3 Asia Pacific Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028. 80
9.3.1 Overview.. 80
9.3.2 Asia Pacific Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 81
9.3.3 Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 81
9.3.4 Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 82
9.3.5 Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Country (%) 82
9.3.5.1 Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 82
9.3.5.1.1 Overview.. 82
9.3.5.1.2 Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 83
9.3.5.1.3 Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 84
9.3.5.1.4 Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 84
9.3.5.2 China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 84
9.3.5.2.1 Overview.. 84
9.3.5.2.2 China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 86
9.3.5.2.3 China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 86
9.3.5.2.4 China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 87
9.3.5.3 India Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 87
9.3.5.3.1 Overview.. 87
9.3.5.3.2 India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 88
9.3.5.3.3 India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 88
9.3.5.3.4 India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 89
9.3.5.4 South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 89
9.3.5.4.1 Overview.. 89
9.3.5.4.2 South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 90
9.3.5.4.3 South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 90
9.3.5.4.4 South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 91
9.3.5.5 Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 91
9.3.5.5.1 Overview.. 91
9.3.5.5.2 Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 92
9.3.5.5.3 Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 92
9.3.5.5.4 Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 93
9.3.5.6 Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 93
9.3.5.6.1 Overview.. 93
9.3.5.6.2 Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 94
9.3.5.6.3 Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 94
9.3.5.6.4 Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 95
9.4 Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028. 96
9.4.1 Overview.. 96
9.4.2 Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 97
9.4.3 Middle East & Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 97
9.4.4 Middle East & Africa: Metabolomics Market Revenue and Forecasts to 2028, By End User (US$ Million) 98
9.4.5 Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Country (%) 98
9.4.5.1 UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 98
9.4.5.1.1 Overview.. 98
9.4.5.1.2 UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 99
9.4.5.1.3 UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 99
9.4.5.1.4 UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028, By End User (US$ Million) 100
9.4.5.2 Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 100
9.4.5.2.1 Overview.. 100
9.4.5.2.2 Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 100
9.4.5.2.3 Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 101
9.4.5.2.4 Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028, By End User (US$ Million) 101
9.4.5.3 South Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 102
9.4.5.3.1 Overview.. 102
9.4.5.3.2 South Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 102
9.4.5.3.3 South Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 103
9.4.5.3.4 South Africa: Metabolomics Market Revenue and Forecasts To 2028, By End User (US$ Million) 103
9.4.5.4 Rest of Middle East and Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 103
9.4.5.4.1 Overview.. 103
9.4.5.4.2 Rest of Middle East and Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 104
9.4.5.4.3 Rest of Middle East & Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 104
9.4.5.4.4 Rest of Middle East & Africa: Metabolomics Market Revenue and Forecasts To 2028, By End User (US$ Million) 105
9.5 South And Central America Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028. 106
9.5.1 Overview.. 106
9.5.2 South and Central America: Optical Coherence Tomography Angiography Equipment Market - Revenue and Forecast to 2028 (USD Million) 107
9.5.2.1.1 South and Central America: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (USD Million) 107
9.5.2.1.2 South and Central America: Optical Coherence Tomography Angiography Equipment Market, by End-User, 2019–2028 (USD Million) 108
9.5.3 South and Central America: Optical Coherence Tomography Angiography Equipment Market Share by Country – 2021 & 2028, (%) 108
9.5.3.1 Brazil: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 108
9.5.3.1.1 Overview.. 108
9.5.3.1.2 Brazil: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 109
9.5.3.1.3 Brazil: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (USD Million) 109
9.5.3.1.4 Brazil: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (USD Million) 110
9.5.3.2 Argentina: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 110
9.5.3.2.1 Overview.. 110
9.5.3.2.2 Argentina: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 111
9.5.3.2.3 Argentina: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (USD Million) 111
9.5.3.2.4 Argentina: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (USD Million) 112
9.5.3.3 Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market - Revenue and Forecast to 2028 (USD Million) 112
9.5.3.3.1 Overview.. 112
9.5.3.3.2 Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market - Revenue and Forecast to 2028 (USD Million) 112
9.5.3.3.3 Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market, by Type, 2019–2028 (USD Million) 113
9.5.3.3.4 Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market, by End User, 2019–2028 (USD Million) 113
10. Impact Of COVID-19 Pandemic on Optical Coherence Tomography Angiography Equipment Market 115
10.1 North America: Impact Assessment of COVID-19 Pandemic. 115
10.2 Europe: Impact Assessment of COVID-19 Pandemic. 116
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic. 117
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic. 118
10.5 South and Central America: Impact Assessment of COVID-19 Pandemic. 119
11. Optical Coherence Tomography Angiography Equipment Market –Industry Landscape 120
11.1 Overview.. 120
11.2 Growth Strategies in the Optical Coherence Tomography Angiography Equipment Market, 2021-2028. 120
11.3 Inorganic Growth Strategies. 121
11.3.1 Overview.. 121
11.4 Organic Growth Strategies. 122
11.4.1 Overview.. 122
12. Company Profiles 124
12.1 NIDEK CO., LTD.. 124
12.1.1 Key Facts. 124
12.1.2 Business Description. 124
12.1.3 Products and Services. 124
12.1.4 Financial Overview.. 124
12.1.5 SWOT Analysis. 125
12.1.6 Key Developments. 125
12.2 Carl Zeiss AG.. 126
12.2.1 Key Facts. 126
12.2.2 Business Description. 126
12.2.3 Products and Services. 126
12.2.4 Financial Overview.. 127
12.2.5 SWOT Analysis. 129
12.2.6 Key Developments. 129
12.3 Optovue, Incorporated. 130
12.3.1 Key Facts. 130
12.3.2 Business Description. 130
12.3.3 Products and Services. 130
12.3.4 Financial Overview.. 130
12.3.5 SWOT Analysis. 131
12.3.6 Key Developments. 131
12.4 Canon Inc. 132
12.4.1 Key Facts. 132
12.4.2 Business Description. 132
12.4.3 Products and Services. 132
12.4.4 Financial Overview.. 133
12.4.5 SWOT Analysis. 135
12.4.6 Key Developments. 135
12.5 OPTOPOL Technology Sp. z o.o. 136
12.5.1 Key Facts. 136
12.5.2 Business Description. 136
12.5.3 Products and Services. 136
12.5.4 Financial Overview.. 136
12.5.5 SWOT Analysis. 137
12.5.6 Key Developments. 137
12.6 Alcon Inc. 138
12.6.1 Key Facts. 138
12.6.2 Business Description. 138
12.6.3 Products and Services. 138
12.6.4 Financial Overview.. 139
12.6.5 SWOT Analysis. 141
12.6.6 Key Developments. 141
12.7 Michelson Diagnostics Ltd. 142
12.7.1 Key Facts. 142
12.7.2 Business Description. 142
12.7.3 Products and Services. 142
12.7.4 Financial Overview.. 142
12.7.5 SWOT Analysis. 143
12.7.6 Key Developments. 143
12.8 Topcon Corporation. 144
12.8.1 Key Facts. 144
12.8.2 Business Description. 144
12.8.3 Products and Services. 144
12.8.4 Financial Overview.. 145
12.8.5 SWOT Analysis. 147
12.8.6 Key Developments. 147
12.9 SANTEC CORPORATION.. 148
12.9.1 Key Facts. 148
12.9.2 Business Description. 148
12.9.3 Products and Services. 148
12.9.4 Financial Overview.. 149
12.9.5 SWOT Analysis. 149
12.9.6 Key Developments. 150
12.10 Heidelberg Engineering GmbH. 151
12.10.1 Key Facts. 151
12.10.2 Business Description. 151
12.10.3 Products and Services. 151
12.10.4 Financial Overview.. 151
12.10.5 SWOT Analysis. 152
12.10.6 Key Developments. 152
13. Appendix 153
13.1 About The Insight Partners. 153
13.2 Glossary of Terms. 153
LIST OF TABLES
Table 1. Relative Percentage Contribution Of Major Causes Of Blindness And Moderate And Severe Vision Impairment 41
Table 2. Cases And Age-Standardized Prevalence For Percentage Changes (1990–2020) In Adults (50 Years And Above), By Vision Impairment & Blindness, 2020. 42
Table 3. North America Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 56
Table 4. North America Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (USD Million) 57
Table 5. US Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 59
Table 6. US Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 59
Table 7. Canada: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 61
Table 8. Canada Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 61
Table 9. Mexico: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 62
Table 10. Mexico Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 63
Table 11. Europe: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 65
Table 12. Europe: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 66
Table 13. Germany: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 68
Table 14. Germany: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 68
Table 15. France: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 70
Table 16. France: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million). 70
Table 17. UK: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 72
Table 18. UK: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 73
Table 19. Italy: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 74
Table 20. Italy: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 75
Table 21. Spain: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 76
Table 22. Spain: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 77
Table 23. Rest of Europe: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million) 78
Table 24. Rest of Europe: Optical Coherence Tomography Angiography Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million) 79
Table 25. Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million). 81
Table 26. Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 82
Table 27. Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 84
Table 28. Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 84
Table 29. China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 86
Table 30. China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 87
Table 31. India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 88
Table 32. India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 89
Table 33. South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 90
Table 34. South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 91
Table 35. Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 92
Table 36. Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 93
Table 37. Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 94
Table 38. Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 95
Table 39. Middle East & Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 97
Table 40. Middle East & Africa: Metabolomics Market Revenue and Forecasts to 2028, By End User (US$ Million) 98
Table 41. UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 99
Table 42. UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 100
Table 43. Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 101
Table 44. Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By End User (US$ Million) 101
Table 45. South Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 103
Table 46. South Africa: Metabolomics Market Revenue and Forecasts to 2028, By End User (US$ Million) 103
Table 47. Rest of Middle East & Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Type (US$ Million) 104
Table 48. Rest of Middle East & Africa: Metabolomics Market Revenue and Forecasts to 2028, By End User (US$ Million) 105
Table 49. South and Central America: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million) 107
Table 50. South and Central America: Optical Coherence Tomography Angiography Equipment Market, by End User – Revenue and Forecast to 2028 (USD Million) 108
Table 51. Brazil: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million) 109
Table 52. Brazil: Optical Coherence Tomography Angiography Equipment Market, by End User – Revenue and Forecast to 2028 (USD Million) 110
Table 53. Argentina: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million) 111
Table 54. Argentina: Optical Coherence Tomography Angiography Equipment Market, by End User – Revenue and Forecast to 2028 (USD Million) 112
Table 55. Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million) 113
Table 56. Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market, by End User – Revenue and Forecast to 2028 (USD Million) 113
Table 57. Recent Inorganic Growth Strategies in the Optical Coherence Tomography Angiography Equipment Market 121
Table 58. Recent Organic Growth Strategies in the Optical Coherence Tomography Angiography Equipment Market 122
Table 59. Glossary of Terms. 153
LIST OF FIGURES
Figure 1. Optical Coherence Tomography Angiography Equipment Market Segmentation. 24
Figure 2. Optical Coherence Tomography Angiography Equipment Market, By Region. 25
Figure 3. Global Optical Coherence Tomography Angiography Equipment Market Overview.. 27
Figure 4. Tabletop Segment Held Largest Share of Type Segment in Optical Coherence Tomography Angiography Equipment Market 28
Figure 5. Asia Pacific is Expected to Show Remarkable Growth During the Forecast Period. 29
Figure 6. Optical Coherence Tomography Angiography Equipment Market, by Geography (US$ Mn) 30
Figure 7. Global Optical Coherence Tomography Angiography Equipment Market- Leading Country Markets (US$ Mn) 31
Figure 8. Global Optical Coherence Tomography Angiography Equipment Market, Industry Landscape. 32
Figure 9. North America: PEST Analysis. 36
Figure 10. Europe: PEST Analysis. 37
Figure 11. Asia Pacific: PEST Analysis. 37
Figure 12. Middle East and Africa: PEST Analysis. 38
Figure 13. South And Central America: PEST Analysis. 38
Figure 14. Experts Opinion. 39
Figure 15. Impact Analysis of Drivers and Restraints Pertaining to Optical Coherence Tomography Angiography Equipment Market 45
Figure 16. Global Optical Coherence Tomography Angiography Equipment Market– Revenue Forecast and Analysis – 2021 - 2028. 46
Figure 17. Global Optical Coherence Tomography Angiography Equipment Market – By Geography Forecast and Analysis – 2021 - 2028. 47
Figure 18. Market Positioning of Key Players in Global Optical Coherence Tomography Angiography Equipment Market 47
Figure 19. Global Optical Coherence Tomography Angiography Equipment Market, by Type, 2021 & 2028 (%) 48
Figure 20. Handheld Type: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 49
Figure 21. Tabletop Type: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 50
Figure 22. Global Optical Coherence Tomography Angiography Equipment Market Share by End User Segment - 2021 & 2028 (%) 51
Figure 23. Hospitals: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028 (US$ Million) 52
Figure 24. Clinics: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028 (US$ Million) 53
Figure 25. Others: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts To 2028 (US$ Million) 54
Figure 26. North America: Optical Coherence Tomography Angiography Equipment Market, by Key Country – Revenue (2021) (US$ Million) 55
Figure 27. North America Optical Coherence Tomography Angiography Equipment Market Revenue and Forecast to 2028 (US$ Million) 56
Figure 28. North America: Optical Coherence Tomography Angiography Equipment Market, by Country, 2021 & 2028 (%) 57
Figure 29. US: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 58
Figure 30. Canada: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 60
Figure 31. Mexico: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 62
Figure 32. Europe: Optical Coherence Tomography Angiography Equipment Market, by Key Country – Revenue (2021) (US$ Million) 64
Figure 33. Europe: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecast to 2028 (US$ Million) 65
Figure 34. Europe: Optical Coherence Tomography Angiography Equipment Market, by Country, 2021 & 2028 (%) 66
Figure 35. Germany: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 67
Figure 36. France: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 70
Figure 37. UK: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 72
Figure 38. Italy: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 74
Figure 39. Spain: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 76
Figure 40. Rest of Europe: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 78
Figure 41. Asia Pacific Optical Coherence Tomography Angiography Equipment Market Overview, by Country (2021) 80
Figure 42. Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 81
Figure 43. Asia Pacific: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Country (%) 82
Figure 44. Japan: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 83
Figure 45. China: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 86
Figure 46. India: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 88
Figure 47. South Korea: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 90
Figure 48. Australia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 92
Figure 49. Rest of Asia Pacific: Optical Coherence Tomography Angiography Equipment Market – Revenue and Forecast to 2028 (US$ Million) 94
Figure 50. Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue Overview, by Country, 2021 (US$ Million) 96
Figure 51. Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 97
Figure 52. Middle East & Africa Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028, By Country (%) 98
Figure 53. UAE: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 99
Figure 54. Saudi Arabia: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 101
Figure 55. South Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 102
Figure 56. Rest of Middle East and Africa: Optical Coherence Tomography Angiography Equipment Market Revenue and Forecasts to 2028 (US$ Million) 104
Figure 57. South and Central America: Optical Coherence Tomography Angiography Equipment Market, By Key Country – Revenue (2021) (USD Million) 106
Figure 58. South and Central America: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 107
Figure 59. South and Central America: Optical Coherence Tomography Angiography Equipment Market Share by Country – 2021 & 2028, (%) 108
Figure 60. Brazil: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 109
Figure 61. Argentina: Optical Coherence Tomography Angiography Equipment Market- Revenue and Forecasts To 2028 (USD Million) 111
Figure 62. Rest of South and Central America: Optical Coherence Tomography Angiography Equipment Market - Revenue and Forecast to 2028 (USD Million) 113
Figure 63. Impact of COVID-19 Pandemic in North American Country Markets. 115
Figure 64. Impact of COVID-19 Pandemic in European Country Markets. 116
Figure 65. Impact of COVID-19 Pandemic in Asia Pacific Countries. 117
Figure 66. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets. 118
Figure 67. Impact Of COVID-19 Pandemic in South and Central America Country Markets. 119
Figure 68. Growth Strategies in the Optical Coherence Tomography Angiography Equipment Market, 2021-2028. 120
The List of Companies - Optical Coherence Tomography Angiography Equipment Market
- NIDEK CO., LTD.
- Carl ZEISS AG
- OPTOVUE, INCORPORATED
- Canon Inc.
- OPTOPOL TECHNOLOGY SP. Z O.O
- Alcon Inc.
- Michelson Diagnostics Ltd.
- Topcon Corporation
- SANTEC Corporation
- HEIDELBERG ENGINEERING GMBH.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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