Global Optical Coherence Tomography Market Size and Share

Global Optical Coherence Tomography Market (2025 - 2030)
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Global Optical Coherence Tomography Market Analysis by Mordor Intelligence

The OCT market reached USD 1.97 billion in 2025 and is projected to attain USD 3.72 billion by 2030, reflecting an 11.34% CAGR during the forecast period. Momentum stems from artificial-intelligence integration, miniaturized hardware, and growing adoption beyond ophthalmology into cardiology, dermatology, and oncology. Swept-source laser innovations accelerate imaging speed while AI algorithms automate biomarker extraction, shortening diagnostic workflows. In parallel, the FDA’s predetermined change-control plan framework for AI devices is lowering regulatory friction, allowing faster commercial upgrades. Expanding geriatric populations drive sustained demand for OCT-based screening of age-related macular degeneration and diabetic retinopathy. Supply-chain vulnerabilities, however, persist around swept-source laser diodes, exposing manufacturers to semiconductor shortages and geopolitical tensions.

Key Report Takeaways

• By device type, table-top systems commanded 62.38% revenue share in 2024, while handheld devices are forecast to grow at a 13.44% CAGR to 2030.  

• By technology, spectral-domain systems held 67.41% of the OCT market share in 2024; swept-source platforms are expanding at a 12.68% CAGR through 2030.  

• By modality, structural imaging contributed 54.68% revenue in 2024, whereas OCT-angiography is advancing at a 12.23% CAGR to 2030.  

• By end-user, hospitals and tertiary centers accounted for 48.77% share of the OCT market size in 2024, while ambulatory cath labs record the fastest CAGR of 14.28% through 2030.  

• By geography, Asia-Pacific is the fastest-growing region at 15.32% CAGR, whereas North America remained the largest regional contributor with 42.81% share in 2024.  

Segment Analysis

By Device Type: Point-of-care tools energize growth

Table-top systems retained 62.38% revenue share in 2024 because retina specialists and tertiary hospitals rely on high-resolution imaging to guide therapy. In contrast, handheld units are growing at 13.44% CAGR through 2030 as primary-care adoption widens and emergency rooms seek rapid triage capability. Handheld devices provide clinicians with sub-10-second acquisition and AI-guided interpretation, eliminating the need for dilation in diabetic-eye screening. Catheter-based intravascular OCT remains small yet essential; Abbott’s Dragonfly OpStar catheter improved deliverability in tortuous coronary anatomy while sharpening image fidelity. The OCT market continues to bifurcate between full-feature consoles and ultralight probes that fit tight budgets or portable workflows.

The transition toward miniaturization mirrors broader telehealth trends. Research prototypes that integrate photonic-integrated circuits promise to slash component counts and cost, encouraging mass-volume production. AI-embedded handhelds reduce operator dependency by automating segmentation and diagnosis, which lowers training barriers for family physicians. This accessibility builds incremental procedure volume that directly enlarges the OCT market, especially in regions with sparse specialist coverage.

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By Technology: Swept-source momentum accelerates

Spectral-domain systems dominated with 67.41% market share in 2024, supported by mature reimbursement codes and established clinical guidelines. Swept-source platforms, however, are pacing at a 12.68% CAGR to 2030 thanks to deeper tissue penetration, higher scan speeds, and artifact reduction. The OCT market size derived from swept-source revenue is anticipated to expand to USD 1.42 billion by 2030, reflecting rapid cath-lab and oncology deployment. Component innovation from Thorlabs, which released MEMS-VCSEL lasers sweeping up to 1 MHz, underpins this growth.[2]Thorlabs, “MEMS-VCSEL Swept-Wavelength Laser Sources,” thorlabs.com Superluminescent diodes are gaining favor as low-coherence sources for dermatology, reducing speckle without costly tunable lasers.

Photonic-integrated-circuit advances may eventually democratize swept-source performance within compact footprints. Coherent reported double-digit growth in health-care optics on the back of AI server demand, suggesting cross-sector economies of scale will lower OCT bill-of-materials over time. Vendors retrofit spectral-domain consoles with speed-boosting upgrades to defend installedbases; Heidelberg Engineering’s SHIFT firmware halves scan acquisition time, illustrating how incumbents extend product lifecycles without hardware swaps. These combined dynamics keep spectral-domain units relevant while redirecting new capital expenditure toward swept-source innovations that future-proof clinical workflows.

By Modality: OCT-angiography reshapes vascular assessment

Structural imaging accounted for 54.68% revenue in 2024, serving as the default for retina, glaucoma, and anterior-segment evaluations. OCT-angiography is outpacing all other modalities at a 12.23% CAGR because it visualizes retinal and choroidal blood flow without dye, reducing adverse-event risk. Medicare introduced CPT 92137 in 2025, formally reimbursing OCTA, and the service limit policy now under review is expected to unlock utilisation among retina practices. Quantitative microvascular metrics generated by AI enhance cardiovascular-risk stratification, leading cardiology groups to integrate retinal OCTA screening into preventive clinics. Polarisation-sensitive and functional Doppler variants remain research-heavy, yet interest is climbing in neurology for early Alzheimer’s vascular biomarkers.

Rapid algorithmic segmentation permits fluid-volume quantification in neovascular AMD with excellent agreement versus manual grading, shortening visit times and improving treatment adherence. Expansion into brain science, as documented in recent PMC reviews, signals broader neurologic relevance that will further enlarge the OCT market.

By End-User: Ambulatory centers gain momentum

Hospitals and tertiary centers preserved 48.77% revenue share in 2024, driven by complex case management and availability of capital budgets. Ambulatory surgical centers and cardiac cath labs are scaling fastest at 14.28% CAGR through 2030 as payers shift elective procedures toward outpatient environments. OCT-guided PCI in outpatient labs cut major adverse events by 28% compared with angiography-guided approaches, reinforcing payer preference for value-based care. Specialty ophthalmic chains leverage portable systems to decentralize screening, while dermatology clinics adopt line-field OCT to triage suspected skin cancers at primary presentation.

Research institutes continue to pilot ultrawide-field prototypes that capture ocular periphery in a single shot, expanding clinical trial endpoints and academic interest. All segments collectively stimulate volume growth; yet outpatient sites show the largest upside as procedural revenue migrates from in-patient departments to lower-cost settings, reinforcing the long-run trajectory of the OCT market.

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By Sales Channel: Distribution networks widen reach

Direct sales still contributed 53.21% revenue in 2024 because buyers demand integrated training, workflow mapping, and technical support. Distributors and value-added resellers are growing at 13.83% CAGR as vendors court emerging-market hospitals that prefer local language support and financing flexibility. Zeiss’s acquisition of Dutch Ophthalmic Research Center extends surgical-device coverage and deepens service teams in Europe and Asia. Canon’s USD 50 million Cleveland imaging hub exemplifies how manufacturers reinforce regional support infrastructure to sustain direct engagements.

Hybrid models are emerging: Olympus’s cloud-based AI platform bundles endoscopy hardware with subscription analytics, signalling future recurring-revenue opportunities. As AI-enabled OCT matures, similar software-as-a-service layers are likely, prompting distributors to build digital-support competencies. This evolution sustains a robust pipeline of installations that enlarges the OCT market while reducing downtime for clinicians.

Geography Analysis

North America held 42.81% revenue share in 2024 thanks to advanced infrastructure, robust private insurance, and a clear FDA AI policy roadmap. Nevertheless, reimbursement headwinds persist: Medicare’s 2025 Physician Fee Schedule cut ophthalmology payments by 2%, and the conversion factor fell to USD 32.35, squeezing margins for small practices.[3]Centers for Medicare & Medicaid Services, “CY 2025 Physician Fee Schedule Final Rule,” cms.gov New CPT codes for OCT-angiography partially offset cuts, yet relative-value downgrades for structural imaging heighten cost-containment pressure. Canada and Mexico represent white-space opportunities where handheld devices mitigate rural-care gaps, and cross-border teleophthalmology programs capture incremental volume.

Europe maintains steady growth powered by coordinated health systems and accelerated AI adoption. EssilorLuxottica’s 80% stake in Heidelberg Engineering integrates diagnostic platforms with eyewear retail channels, enhancing access in Germany, the United Kingdom, France, Italy, and Spain. Olympus secured CE approval for three cloud-based AI endoscopy systems, underscoring regulatory openness to software-driven innovation. Central and Eastern European governments are investing in hospital-modernization schemes that favor mid-range OCT consoles, sustaining baseline demand even as western markets mature.

Asia-Pacific is the fastest-growing region, advancing at a 15.32% CAGR between 2025 and 2030. China remains the largest single market but experienced capital-spending delays amid macroeconomic uncertainty, causing a 3% revenue dip for Zeiss in 2024. Japan’s urban-rural physician imbalance constrains rural OCT installations despite otherwise modern infrastructure. India, Australia, and South Korea exhibit strong double-digit unit growth driven by public-health initiatives and telemedicine expansion. Singapore’s SG$200 million AI-healthcare fund and Australia’s 2023–2028 digital strategy further validate the region’s technology-friendly policy environment. These drivers collectively boost the OCT market through rapid capacity build-out, especially for point-of-care formats.

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Competitive Landscape

Market structure is moderately consolidated. EssilorLuxottica’s Heidelberg acquisition illustrates vertical integration, fusing eyewear retail reach with diagnostic imaging to capture end-to-end patient journeys. Zeiss expanded surgical coverage by purchasing Dutch Ophthalmic Research Center, creating cross-selling synergies between intraocular lenses, microscopes, and OCT consoles.

Component suppliers such as Excelitas (Axsun) and Thorlabs hold strategic leverage through swept-source laser inventories that other manufacturers depend on. AI-native entrants like Perimeter Medical Imaging AI or Spryte Medical challenge incumbents with cloud-centric business models and FDA Breakthrough designations. Competitive differentiation now pivots on algorithm-upgrade velocity; companies that secure FDA-approved change-control plans can push performance enhancements without new clearances, tightening product cycles.

Platform thinking is prevalent. Vendors bundle hardware, analytics, and cloud dashboards, promoting ecosystem lock-in that boosts recurring revenue. Intellectual-property race intensifies around photonic-integrated circuits and machine-learning segmentation networks, as illustrated by SpecstatOR research achieving label-free tissue classification. Overall, rivalry continues to heighten, yet the OCT market remains receptive to niche innovators that address modality gaps or cost constraints.

Global Optical Coherence Tomography Industry Leaders

  1. Carl Zeiss AG

  2. Novacam Technologies

  3. Topcon Corporation

  4. Leica Microsystems (Danaher)

  5. Terumo Medical Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Optical Coherence Tomography Market Concentration
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Recent Industry Developments

  • May 2025: EssilorLuxottica completed its 80% acquisition of Heidelberg Engineering, strengthening OCT capabilities within the SPECTRALIS platform.
  • April 2025: Zeiss unveiled its AI-powered Research Data Platform, automating data collection and accelerated analytics for ophthalmic studies.
  • February 2025: Canon Healthcare invested USD 50 million in Cleveland’s Innovation District to create an imaging resource center spanning advanced OCT.
  • July 2024: Spryte Medical earned FDA Breakthrough Device Designation for nOCT, underscoring ongoing innovation in optical coherence platforms.

Table of Contents for Global Optical Coherence Tomography Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 AI-enabled quantitative biomarkers unlock new clinical indications
    • 4.2.2 Miniaturized, point-of-care OCT broadens primary-care & ER use
    • 4.2.3 Geriatric eye-disease burden (AMD, glaucoma, DR)
    • 4.2.4 Rapid adoption of SS-OCT in cardiology & oncology
    • 4.2.5 Reimbursement expansion for ophthalmic imaging
    • 4.2.6 Integration with robotic & image-guided surgery suites
  • 4.3 Market Restraints
    • 4.3.1 High capital cost & steep learning curve
    • 4.3.2 Patchy reimbursement in dermatology & dentistry
    • 4.3.3 Supply-chain dependence on swept-source lasers
    • 4.3.4 Regulatory hurdles for AI-driven algorithms
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Device Type
    • 5.1.1 Hand-held OCT Devices
    • 5.1.2 Table-top OCT Devices
    • 5.1.3 Catheter-based Intravascular OCT
  • 5.2 By Technology
    • 5.2.1 Time-Domain OCT
    • 5.2.2 Spectral-Domain OCT
    • 5.2.3 Swept-Source OCT
    • 5.2.4 Full-Field / Line-Field OCT
  • 5.3 By Modality
    • 5.3.1 Structural OCT
    • 5.3.2 OCT-Angiography (OCT-A)
    • 5.3.3 Polarization-Sensitive OCT
    • 5.3.4 Doppler / Functional OCT
  • 5.4 By End-user
    • 5.4.1 Hospitals & Tertiary Care Centers
    • 5.4.2 Specialty Ophthalmic Clinics
    • 5.4.3 Ambulatory Surgical / Cardiac Cath Labs
    • 5.4.4 Dermatology & Aesthetic Clinics
    • 5.4.5 Research & Academic Institutes
  • 5.5 By Sales Channel
    • 5.5.1 Direct Sales
    • 5.5.2 Distributor / VAR Sales
    • 5.5.3 Others
  • 5.6 Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Spain
    • 5.6.2.6 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 Australia
    • 5.6.3.5 South Korea
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 Middle East and Africa
    • 5.6.4.1 GCC
    • 5.6.4.2 South Africa
    • 5.6.4.3 Rest of Middle East and Africa
    • 5.6.5 South America
    • 5.6.5.1 Brazil
    • 5.6.5.2 Argentina
    • 5.6.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products & Services, Recent Developments)
    • 6.3.1 Abbott / LightLab Imaging
    • 6.3.2 Agfa HealthCare
    • 6.3.3 Bausch + Lomb
    • 6.3.4 Canon Medical Systems
    • 6.3.5 Carl Zeiss Meditec AG
    • 6.3.6 Gentuity
    • 6.3.7 Heidelberg Engineering
    • 6.3.8 Intalight
    • 6.3.9 Leica Microsystems (Danaher)
    • 6.3.10 NIDEK Co., Ltd.
    • 6.3.11 Novacam Technologies
    • 6.3.12 Optovue (Visionix)
    • 6.3.13 OPTOPOL Technology
    • 6.3.14 Philophos
    • 6.3.15 SpectraWAVE
    • 6.3.16 Santec Corp.
    • 6.3.17 Terumo Medical
    • 6.3.18 Thorlabs
    • 6.3.19 Topcon Corporation
    • 6.3.20 Wasatch Photonics

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

In our study, we define the optical coherence tomography (OCT) market as new standalone, cart-mounted, or handheld devices, structural, angiographic, spectral, and swept-source, sold to healthcare and research settings worldwide.

Scope Exclusion: Our valuation excludes refurbished consoles, OCT heads integrated into surgical microscopes, and service contracts.

Segmentation Overview

  • By Device Type
    • Hand-held OCT Devices
    • Table-top OCT Devices
    • Catheter-based Intravascular OCT
  • By Technology
    • Time-Domain OCT
    • Spectral-Domain OCT
    • Swept-Source OCT
    • Full-Field / Line-Field OCT
  • By Modality
    • Structural OCT
    • OCT-Angiography (OCT-A)
    • Polarization-Sensitive OCT
    • Doppler / Functional OCT
  • By End-user
    • Hospitals & Tertiary Care Centers
    • Specialty Ophthalmic Clinics
    • Ambulatory Surgical / Cardiac Cath Labs
    • Dermatology & Aesthetic Clinics
    • Research & Academic Institutes
  • By Sales Channel
    • Direct Sales
    • Distributor / VAR Sales
    • Others
  • Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia-Pacific
    • Middle East and Africa
      • GCC
      • South Africa
      • Rest of Middle East and Africa
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

Interviews with retinal surgeons, interventional cardiologists, biomedical engineers, and distributors in North America, Europe, China, and India confirm for us typical ASPs, replacement cycles, and rising point-of-care demand.

Desk Research

We start with open data, WHO vision registries, American Academy of Ophthalmology cataract volumes, Eurostat hospital discharges, Chinese procedure logs, and PMDA device clearances, which anchor the addressable imaging pool. Our analysts then mine D&B Hoovers revenues, Dow Jones Factiva tender wins, and Questel patent trends to spot adoption shifts across regions; the sources named illustrate our desk review, yet many other materials support data checks.

Market-Sizing & Forecasting

Our sizing begins top-down: disease and procedure cohorts convert to potential scans, national penetration rates are cross-checked against sampled shipment tallies, and focused bottom-up roll-ups of major manufacturers keep totals grounded.

We feed diabetic-retinopathy incidence, cath-lab volumes, reimbursement milestones, ASP drift, system life cycle, and new approvals into a multivariate regression with scenario tweaks that capture swept-source migration and handheld uptake.

Data Validation & Update Cycle

Mordor analysts compare outputs with customs codes and shipment trackers; any variance above seven percent triggers rerun and peer review. Reports refresh annually, with interim updates for recalls or reimbursement shocks.

Why Mordor's Optical Coherence Tomography Baseline Commands Confidence

Published figures vary because firms mix different product scopes, price assumptions, and update cadences. Our disciplined scope and yearly refresh give buyers clear, comparable numbers.

Key gaps arise when others count refurbished units, drop angiography modules, or apply inflated price mark-ups. We stick to verified quotes and constant 2024 USD.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 1.97 B (2025) Mordor Intelligence -
USD 2.20 B (2024) Global Consultancy A Includes refurbished devices and 10 % ASP premium
USD 1.90 B (2024) Industry Association B Excludes handheld units; uses 2023 FX rates

This comparison shows that once differing scopes and pricing filters are removed, Mordor's balanced midpoint is the transparent, repeatable baseline decision-makers can trust.

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Key Questions Answered in the Report

What is the current Global Optical Coherence Tomography Market size?

The OCT market stands at USD 1.97 billion in 2025 and is forecast to reach USD 3.72 billion by 2030, growing at an 11.34% CAGR.

Which region will grow fastest through 2030?

Asia-Pacific is projected to expand at a 15.32% CAGR due to aging demographics, infrastructure upgrades, and supportive digital-health policies.

How is AI changing OCT workflows?

AI algorithms automate segmentation and deliver predictive biomarkers, reducing reading time and enabling new indications such as cardiovascular-risk stratification and virtual cancer biopsies.

Why are swept-source systems gaining traction?

Swept-source OCT offers deeper penetration and faster scan rates, supporting cardiology and oncology applications and driving a 12.68% CAGR segment growth.

What reimbursement changes affect OCT services in 2025?

Medicare introduced CPT 92137 for OCT-angiography while cutting conversion factors, prompting practices to diversify service mix to offset lower structural-imaging rates.

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