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Middle East & Africa Optical Coherence Tomography Market Research Report - Segmented By Device Type, Technology & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028)

Published: March, 2023
ID: 8033
Pages: 145
Formats: report pdf report excel report power bi report ppt

MEA Optical Coherence Tomography Market Size (2023 to 2028)

The size of the optical coherence tomography market in the Middle East and Africa is projected to witness a healthy CAGR during the forecast period.

Optical Coherence Tomography (OCT) is a non-invasive optical detection method. It works on the interferometry rule, which uses near-infrared rays to portray a retinal sectional view. OCT photographs 3-D pictures of the human tissue with high resolution, correcting up to 10-15 microns. OCT tools are made up of high accuracy such that sample and reference light is coherent only if their path lengths are equal or almost equal.

The underlying driving factors for the Middle East and Africa Optical Coherence Tomography (OCT) market are the ever-increasing number of geriatric people and the vast applications of this technology. Also, the technical advantages of OCT, like the capability to see through the detailed structure of the human eye, surface tissues, vascular systems, and mucosal membranes, are substantially driving the market growth.

But, constraining factors such as the absence of favorable reimbursements and lack of clinical information may restrict the market growth.

This research report on the MEA OCT market has been segmented and sub-segmented into the following categories:

By Device Type:

  • Handheld OCT Devices
  • Catheter-Based OCT Devices
  • Tabletop OCT Devices
  • Doppler OCT Devices

By Technology:

  • Frequency Domain Optical Coherence Tomography (FD-OCT)
  • Spatially Encoded Frequency Domain Optical Coherence Tomography
  • Time Domain Optical Coherence Tomography (TDOCT)

By Country: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Regionally, the Middle East region is expected to account for a promising share in the MEA optical coherence Tomography market during the forecast period. The market growth is attributed to the improving healthcare sector and supportive government policies. Another reason that is accelerating the growth of the market is the increasing geriatric population in the region. Furthermore, the development of imaging technologies for the growth of biological tissues at the molecular level has also been promising for market growth in the middle east and Africa region. The emerging countries such as South Africa, UAE, and Saudi Arabia significantly contribute to the MEA regional market growth.

The African optical coherence tomography market is expected to have lucrative growth during the forecast period. The broader applications of OCT technologies have also been a trigger for growth. But the lack of reimbursement policies prevents people from entering the market, which has been restricting the development of the optical coherence tomography market in the middle east region.

The UAE optical coherence tomography market is also expecting impressive growth in the coming years due to the increased healthcare spending and incorporation of optical coherence technology in many therapeutic areas.

The Saudi Arabian optical coherence tomography market is expected to see increased awareness during the forecast period, likely to reflect the market’s growth due to emerging technologies. However, it is expected to record a considerable market share owing to the proper infrastructure and improving healthcare facilities.

KEY MARKET PLAYERS:

A few prominent companies operating in the MEA optical coherence tomography market profiled in the report are Agfa Healthcare, Thorlabs Inc., Carl Zeiss Meditec AG, Topcon Medical Systems Inc., Heidelberg Engineering GmbH, OPTOPOL Technology S.A., Imalux Corporation, Novacam Technologies Inc. and Michelson Diagnostics.

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