Global Ultra-Widefield Retinal Imaging Devices Market

By Device Type (Tabletop, Handheld, Portable ), By Application (Glaucoma, Diabetic retinopathy, Age – Related Macular Degeneration, Central Serous Retinopathy, Vitreous Traction, Pediatric, Point of Care, Others), By End User (Hospitals, Ambulatory Surgical Centres, Diagnostic Centres, Research Institutes),and Geography –Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis2012 to 2016 and Forecast 2017 to 2023

Market Dynamics: Ultra-Widefield Retinal Imaging Devices Market

Peripheral retina is frequently affected by various diseases and ultra widefield (UWF) imaging has become an essential tool for evaluation of peripheral retinal pathology. The wide angle and high resolution of this technology was recently developed and updated along with multimodal capabilities, such as fluroscein and indocyanine green angiography, pseudocolor fundud photographs, and autofluorescence images. Using this UWF technology, important clinical observations have been made in normal population and patients with certain eye diseases like diabetic retinopathy, retinal vascular occlusion, retinal detachment, age-related macular degeneration etc. Growing geriatric population around the world is the major factor that drives the growth of Ultra-Widefield Retinal Imaging Devices market globally. As per to WHO statistics, population above 65 years were 13% of the whole population in 2010 and it is expected to reach 53% by 2020. Furthermore, increase in the prevalence of chronic eye diseases such as glaucoma, diabetic retinopathy, etc. boosts the market growth of Ultra-Widefield Retinal Imaging Devices. Moreover, presence of favorable reimbursements, advancements in the technology, and increase in R&D investments also propels the Ultra-Widefield Retinal Imaging Devices market growth globally. On the other hand, lack of awareness, high installation costs, high cost of testing, and dearth of skilled professionals restrains the growth of Ultra-Widefield Retinal Imaging Devices market globally.

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Market Scope: Ultra-Widefield Retinal Imaging Devices Market

Ultra-Widefield Retinal Imaging Devices Market is segmented on the basis of Type, Application, End user and Geographical regions

Based on the Type, Ultra-Widefield Retinal Imaging Devices Market is segmented into the following:

  • Portable
  • Table top
  • Hand held

Based on the Application, Ultra-Widefield Retinal Imaging Devices Market is segmented into the following:

  • Glaucoma
  • Diabetic retinopathy
  • Age – Related Macular Degeneration
  • Central Serous Retinopathy
  • Vitreous Traction
  • Pediatric
  • Point of Care
  • Others

Based on the End User, Ultra-Widefield Retinal Imaging Devices Market is segmented into the following:

  • Hospitals
  • Ambulatory Surgical Centres
  • Diagnostic Centres
  • Research Institutes

Regional Analysis:  Ultra-Widefield Retinal Imaging Devices Market

Geographically, Ultra-Widefield Retinal Imaging Devices Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions. North America is the largest market for Ultra-Widefield Retinal Imaging Devices followed by Europe due to the high adoption of advancements in the technologies, increase in the complications such as diabetic retinopathy, skin cancers etc., well established healthcare infrastructure, favorable reimbursement policies, and rapid increase in the geriatric population. Asia Pacific and Latin American regions are also anticipated to show the significant growth rate during the forecast period owing to the increase in awareness among the people, huge population pool, rise in number of geriatric patients, presence of emerging economies such as Brazil, India, China, Japan etc., increase in chronic complications related to ophthalmologic disorders

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Competition Assessment: Ultra-Widefield Retinal Imaging Devices Market

Key playersprofiled in the global Ultra-Widefield Retinal Imaging Devices Market include:

  • Carl Zeiss AG (Germany)
  • Leica Microsystems (Germany)
  • SpectraScience Inc. (U.S.)
  • Cytoviva Inc. (Aetos Technologies Inc.) (U.S.)
  • Optical Imaging Ltd. (Israel)
  • Michelson Diagnostics Ltd. (U.K.)
  • PerkinElmer Inc. (U.S.)
  • Nikon Corporation (Japan)
  • Raytheon ELCAN Optical Technologies (The Raytheon Company) (U.S.)
  • Jude Medical Inc. (U.S.)
  • Somanetics Corporation (U.S.)
  • Volcano Corporation (Volcano Corporation) (Netherlands)
  • Topcon Medical Systems Inc. (Topcon Corporation) (Japan)

 Notable Market Developments: Ultra-Widefield Retinal Imaging Devices Market

  • In September 2017, Carl Zeiss Meditec launched Zeiss Clarus 500 Ultra wide field fundus imaging system in US

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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