Global retinal imaging devices
market is estimated to rise at a higher CAGR for the forecast period due to
market dynamics and driving forces. Initially, with the rise in number of eye
patients and linked diseases is a fertile market for retinal imaging. Since
most eye-related diseases coupled with systemic diseases are noticeable in the
retina itself.
Retina is a layered tissue
lining the interior of the eye which is responsible for the conversion of
incoming light into a neural signal which is suitable for further processing in
the visual cortex of the brain. It can be termed as extension of the brain as
retina possesses the ability of image producing and develops techniques to
analyze the images. Retina is needed to see the outer world and so the ocular
structures need to be optically transparent for form an image. With proper
techniques, retina is visible from the outside.
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Eye diseases such as low blood
supply, macular degeneration and glaucoma and systemic diseases such as
diabetic retinopathy from diabetes rising from diabetes and hypertensive
retinopathy rising from cardiovascular disease are most common incidences in
the population. To address such disease, 2D and 3D retinal imaging devices are
used. Technically, a 2D representation of 3D semi-transparent retinal tissues
is projected on the imaging plane. With rapid developments in retinal imaging
fundus photography is used extensively for large population. Also, optical
coherence tomography and fluoresce in angiography are some techniques used in
the retinal imaging diagnosis. Overall, the advancing techniques in retinal
imaging are gaining a positive traction. Thus, the market growth is anticipated
to rise at a higher CAGR during the forecast period.
The retinal imaging devices
market is driven by factors such as rising geriatric population and increasing
incidences of retinal disorders on a global scale. Additionally, technological
enhancements in nations across the world are likely to propel market growth for
the forecast period.
Retinal imaging devices market
is segmented into handheld retinal imaging and others, based on product. Based
on application, the retinal imaging device market is segmented into hospital,
eye clinic and home care.
Retinal imaging devices market
spans North America, Latin America, Europe, Asia-Pacific, Middle-East &
Africa. North America dominates the global market in terms of value. European
market is anticipated to grow at a higher CAGR during the forecast period owing
to rapid advances in technology and growing geriatric population. APAC regions
such as India, China, Japan, Singapore are likely to grow during the forecast
period owing to large customer base and upgrade in retinal imaging technology.
The key players in the retinal
imaging devices market include Optos, Zeiss, Topcon, Olympus, Nidek, Micro
Medical Devices, ARDES S.P.A, Molecular Devices, Marsden, Charder and SECA.
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