Dublin, July 28, 2023 (GLOBE NEWSWIRE) -- The "Global Retinal Imaging Devices Market Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Retinal Imaging Devices Market is projected to experience remarkable growth, reaching an estimated value of USD 8.97 billion by 2030, with a substantial CAGR of 7.53% during the forecast period. In 2022, the market was valued at USD 5.02 billion and is estimated to reach USD 5.39 billion in 2023.
However, the market faces several challenges due to the cumulative impact of significant events like the COVID-19 pandemic, the Russia-Ukraine conflict, and high inflation. These events have caused changes in consumer behavior, supply chain disruptions, and government interventions, impacting demand-supply balances, pricing variants, and import/export and trading in the market.
Market Dynamics
- Drivers
- Growing incidence and cases of ophthalmic diseases
- Increasing volume of strategic initiatives
- Integration of imaging modalities with artificial intelligence and the development of portable devices
- Restraints
- High cost of fundus camera, and optical coherence tomography (OCT)
- Opportunities
- Increasing development of launching advanced retinal imaging solutions
- Increasing medical healthcare in emerging economies
- Challenges
- Increasing number of product recalls
Market Segmentation & Coverage
The report categorizes the Global Retinal Imaging Devices Market into several sub-markets, based on type, end-user, and region. The Optical Coherence Tomography (OCT) segment is projected to witness significant market share during the forecast period, making it a key area of growth. Furthermore, Ophthalmic Centers are expected to dominate the market share among end-users during the forecast period.
Market Statistics
The report provides market sizing and forecasts in multiple currencies (USD, EUR, JPY, GBP, AUD, CAD, and CHF), enabling informed decision-making for organization leaders. The historical years from 2018 to 2021, with 2022 as the base year, 2023 as the estimated year, and the period from 2024 to 2030 as the forecast period, are considered in the study.
FPNV Positioning Matrix
The FPNV Positioning Matrix evaluates vendors in the Global Retinal Imaging Devices Market based on key metrics within Business Strategy and Product Satisfaction. The matrix places vendors into four quadrants - Forefront (F), Pathfinder (P), Niche (N), or Vital (V) - indicating varying levels of success and suitability for specific needs.
Market Share Analysis
The Market Share Analysis offers insights into the current state of vendors in the market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, the analysis aids in understanding vendor performance and competitiveness.
Key Pointers Covered in the Report:
- Market Penetration: Comprehensive information on market offerings by key players
- Market Development: Analysis of lucrative emerging markets and penetration across mature segments
- Market Diversification: Details on new product launches, untapped geographies, recent developments, and investments
- Market Trends: Insights into the impact of COVID-19, Russia-Ukraine Conflict, and High Inflation on market trends
- Competitive Assessment & Intelligence: Exhaustive evaluation of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments
- The report offers valuable answers to key questions such as the market size and forecast of the Global Retinal Imaging Devices Market, the impact of COVID-19 on market dynamics, investment opportunities, competitive strategies, technology trends, and market share of leading vendors.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 189 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $5.39 Billion |
| Forecasted Market Value (USD) by 2030 | $8.97 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
Key Topics Covered
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Retinal Imaging Devices Market, by Type
7. Retinal Imaging Devices Market, by End-User
8. Americas Retinal Imaging Devices Market
9. Asia-Pacific Retinal Imaging Devices Market
10. Europe, Middle East & Africa Retinal Imaging Devices Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
Key Company Profiles
- Avinger, Inc.
- Basler AG
- BaySpec, Inc.
- Epipole Ltd.
- Excelitas Technologies Corp.
- Eyenuk, Inc.
- Forus Health Pvt. Ltd.
- Hill-Rom Holdings, Inc.
- Imagine Eyes
- Nidek Co. Ltd.
- Olympus Corporation
- Optomed PLC
- Optos PLC
- Robert Bosch GmbH
- Thorlabs, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/p8eqgv
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