Retinal Imaging Market: Opportunities and Challenges in a Rapidly Evolving Industry

Retinal imaging is an efficient way for the optometrist to assess eye health using a high-resolution camera and imaging systems. Retinal imaging takes a digital picture of the eye and shows detailed imaging of the retina, optic disk, and blood vessels of the eye. Retinal imaging exploits high definition imaging devices to generate magnified images of the retina. It helps in the diagnosis of age-related macular degeneration, glaucoma, and optic nerve damages.

The rising adoption of smart devices increases the incidences of ophthalmic disorders, and the rising geriatric population is causing a surge in the patient pool of age-related macular degeneration. In turn, this is increasing the demand for advanced diagnostic measures for early detection of the disorders. With the launch of new retinal imaging solutions over time, the market has witnessed significant growth over the last couple of years.

Retinal Imaging Market: Dynamics

The growing incidence of retinal disorders across the glove, increased efficiency of diagnosis and treatment, and evolution of the retinal imaging systems are projected to propel the industry’s growth over the coming years. Additionally, ultra-modern healthcare infrastructure and convenient reimbursement policies are also contributing to the growth of the Retinal Imaging Market.

The latest research report is cited as the first document to provide an update on the Retinal imaging markets hit hard by the COVID-19 pandemic. The global health crisis poses a significant threat to the future growth of the Retinal imaging industry. The report assesses the profound changes in this business environment brought about by the outbreak, and highlights the significant impact on the market severely disrupted by the pandemic. This report therefore describes the rapidly changing market scenario in this COVID-19 era. It aims to help companies in this sector overcome the massive impact of the pandemic and formulate new growth strategies to prepare for the intensification of COVID-19.

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Key Highlights of the Report:

• Extensive coverage of the global Retinal Imaging market along with an estimation of market size, share, revenue generation, and trends for the projected period
• Comprehensive analysis of the competitive landscape covering the business profiles, strategic initiatives and M&A activities, product portfolio, gross profit margin, SWOT analysis, and market position
• Detailed analysis of historical and current data to offer accurate forecast estimations till 2027
• Analysis of the market drivers, restraints, growth prospects, limitations, lucrative growth opportunities, and threats
• Strategic recommendations to the key players and new entrants to gain a robust footing in the market and ascertain maximum returns on their investments
• Thorough SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competition in the Global Retinal Imaging Market
• An extensive regional analysis covering country-wise analysis and details about the regions showing promising growth

Some Notable Developments in the Competitive Landscape:

• Optos and Amydis, in 2018, joined forces to create an eye test for the detection of Alzheimer’s disease, primarily developed by Amydis. Amydis is actively developing new pipeline drugs to detect the amyloid proteins in the retina by leveraging the optomap ultra-widefield retinal imaging device developed by Optos.
• Bosch signed a partnership deal with Aravind Eye Care, a hospital chain in India, to educated women technicians on how to capture detailed eye images using the Fundus Camera developed by Bosch.

Major Players/Manufacturers profiled in the report are:

Olympus, Robert Bosch GmbH, Eyenuk, Inc., Imagine Eyes, Optos, Plc., Forus Health Pvt. Ltd., Phoenix Technology Group, Inc., Topcon Corporation, NIDEK Co. Ltd., Epipole, Ltd., Others

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Global Retinal Imaging Market Report - Segmental Analysis:

• Device Type
• Fundus Camera
• Fluorescein Angiography
• Optical Coherence Tomography (OCT)
• End-user Industry
• Hospitals
• Clinics
• Ophthalmic Centers
• Ambulatory Surgical Centers
• Others

more

Key Geographies Profiled in the Report:

• North America(the U.S., Mexico, and Canada)
• Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
• Europe(the U.K., France, Germany, and Rest of Europe)
• Latin America(Brazil and Rest of Latin America)
• Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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