OCT market seen reaching $4.77 billion by 2030

10 hours ago
By AI, Created 12:41 UTC, Aug 20, 2026, AGP -

The Business Research Company says the optical coherence tomography market for healthcare and life sciences will rise from $2.63 billion in 2026 to $4.77 billion by 2030, driven by demand for non-invasive imaging, eye disease diagnosis and broader use beyond ophthalmology. North America led the market in 2025, while Asia-Pacific is projected to grow fastest.

Why it matters: - Optical coherence tomography is becoming a core imaging tool for diagnosing and monitoring eye disease and other conditions. - The market growth points to rising demand for high-resolution, non-invasive diagnostics across healthcare and life sciences. - Expanding use in cardiology, dermatology and tele-ophthalmology signals a wider commercial and clinical footprint.

What happened: - The Business Research Company released a 2026 market report on optical coherence tomography for healthcare and life science. - The report estimates the market will grow from $2.26 billion in 2025 to $2.63 billion in 2026. - The report forecasts the market will reach $4.77 billion by 2030. - The report uses a 16.1% compound annual growth rate for the forecast period. - North America accounted for the largest market share in 2025. - Asia-Pacific is projected to be the fastest-growing region over the coming years.

The details: - Optical coherence tomography uses light waves to create detailed cross-sectional images of tissue structures. - The technology is used mainly in ophthalmology for retinal imaging and diagnosis of eye conditions. - OCT also supports tissue assessment in other medical fields. - The market’s recent growth is tied to rising eye disorder prevalence, broader use of ophthalmic diagnostic tests and continued imaging technology advances. - Growth is also linked to expansion of specialty eye clinics and early use in research. - The report cites increasing incidence of ocular disease as a key driver. - Aging populations and higher rates of chronic illnesses such as diabetes are contributing to that rise. - OCT provides detailed imaging of the retina and optic nerve for early diagnosis and ongoing monitoring. - The report cites Review of Optometry data showing glaucoma affects about 80 million people worldwide. - The same source says open-angle glaucoma represents 95% of cases. - The source also says more than three million people in the United States live with glaucoma. - It projects the global number of glaucoma cases will exceed 111 million by 2040. - Additional growth drivers include point-of-care diagnostics, tele-ophthalmology and investment in imaging innovation. - Emerging trends include AI-assisted image analysis, portable and handheld OCT devices, broader non-ophthalmology use and stronger integration with digital health platforms. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - New 2026 report features include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, and updated graphics and tables. - The report includes a free sample and the full market report through The Business Research Company. - Free sample - Full market report

Between the lines: - The report frames OCT as a mature ophthalmology tool moving into adjacent specialties. - AI integration and portable devices suggest the next phase of competition may center on convenience, workflow speed and broader clinical adoption. - Regional growth outside North America may reflect rising healthcare access and imaging investment in Asia-Pacific.

What's next: - The market is expected to keep expanding through 2030 as point-of-care and non-invasive imaging use rises. - Adoption should continue to increase as digital health platforms and AI tools become more embedded in imaging workflows. - Broader specialty use could open new demand outside traditional eye care.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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