Global Widefield Imaging Devices Market Report Description:
Global widefield imaging devices market report gives comprehensive outlook on widefield imaging devices across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global widefield imaging devices market gives historical, current, and future market sizes (US$ Mn) on the basis of modality, end user, indication, and region. This report studies global widefield imaging devices market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global widefield imaging devices market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global widefield imaging devices market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global widefield imaging devices market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global widefield imaging devices.
Global Widefield Imaging Devices Market:
The global widefield imaging devices market estimated to be valued US$ 491.0 Mn in 2018 and poised to grow at significant CAGR over 2019-2025 owing to increased cases of chronic eye diseases such as diabetic retinopathy, glaucoma, retinal vein occlusion, etc. and advancements in technology are the important factors drives the growth of the widefield imaging devices market. Moreover, increase in launch of novel devices with ultra widefield retinal imaging and growing worldâ€™s older population increases demand for widefield imaging devices in the market. However, lack of awareness among the patients and dearth of skilled professionals and stringent regulatory process for the development of widefield imaging device are expected to hamper the growth of the market.
Increase in Prevalence of Chronic Eye Diseases
Wide field technology has become important clinically with regards to early diagnosis, effective treatment, and monitoring of most sight-threatening retinal diseases. Increase in incidence and prevalence of chronic eye diseases such as diabetic retinopathy (complications of diabetics), uveitis, macular degeneration, retinal vein occlusion, choroidal melanoma, etc. For instance, diabetic retinopathy is the leading causes of blindness among adults and is estimated to be responsible for up to 17% of total blindness and DME (Diabetic Macular Edema) is a major cause of vision loss among the diabetic patients. According to NORC and Prevent Blindness America in 2013, there were around 7.7 Mn patients with diabetic retinopathy and 2.7 Mn people suffering from glaucoma and 24 million suffering from cataract. Retinal vein occlusion accounted for US$ XX Mn in 2018, and is expected to grow at CAGR of 9.2% over the forecast period
North America Leads the Market with Highest Share in Global Widefield Imaging Devices Market
North America accounted for larger revenue share in global widefield imaging devices market with significant CAGR and is expected to grow with highest CAGR during the forecast period owing to rising adoption of novel technologies and launch of new products in the region. Moreover, presence of large number of market players and advancements in technology. Europe and Asia Pacific are expected to show robust growth in the market due increasing prevalence of chronic eye diseases and growing geriatric population in the region.
Key playerâ€™s profiles in the global widefield imaging devices market include:
Global widefield imaging devices market is surging owing to development and launch of innovative products in different markets to expand the portfolio and strengthen their position in the market. For instance, in May 2017, Advanced Retina Imaging (ARI) Network, a global consortium of renowned clinical researchers, and the Medical Technology business group of ZEISS had strategic collaboration to drive the development of new OCT technology to advance patient care in the future. For instance, in September 2017, Zeiss Medical Technology announced the launch of the Clarus 500 ultra-wide field, high-resolution retinal imaging system.
Key Findings of the Report:
By End User
Middle East and Africa (MEA)
Key Features of the Report:
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.