AI and mobile vans fuel $4.2B OCT market surge

Asia-Pacific emerges as fastest-growing OCT market.

The global optical coherence tomography (OCT) market is forecast to grow to $4.2b by 2035 from $1.6b in 2025, with a compound annual growth rate of 11.1%, according to Future Market Insights.

Rising disease burden, artificial intelligence integration, miniaturisation, and post-pandemic spending are the key drivers of market growth.

The Asia-Pacific is the fastest-growing region, fuelled by public screening programmes and mobile OCT deployment, whilst North America accounts for approximately 40% of market share.

China has expanded subsidised retinal OCT screening to 18 million additional diabetic patients annually, whilst India’s Ayushman Bharat initiative is piloting mobile OCT vans to improve rural healthcare access.

Ophthalmology is also forecast to maintain a 69.2% market share in 2025, due to routine screening, disease monitoring, and the adoption of OCT angiography.

Industrial OCT applications are emerging as a material growth segment, projected to reach $1.2b by 2025.

Cardiovascular OCT—used as a guide for approximately 1.5 million coronary interventions annually—is also expanding rapidly.

Spectral Domain OCT is projected to account for 59.4% of the global OCT market in 2025, due to its high-resolution imaging and fast acquisition speeds.

Swept Source OCT adoption is also accelerating due to deeper tissue penetration, wider imaging fields, and faster scan speeds, the report said.

The report cites the high capital cost of OCT systems, dependence on trained imaging professionals, and regulatory complexity and uneven reimbursement as key constraints on the market.