Global Wide Field Imaging Devices Market, By Components (Software, Data Analysis and Interpretation, Image Viewing, Instruments), Type (Portable, Table Top, Hand Held), Applications (Glaucoma, Diabetic Retinopathy, Age Related Macular Degeneration, Central Serous Retinopathy, Vitreous Traction, Pediatric, Point of Care, Others), End Use (Hospitals, Research Institutes, Ambulatory Surgical Centres, Diagnostic Centres) – Industry Trends and Forecast to 2029.
Wide Field Imaging Devices Market Analysis and Size
The market for wide field imaging devices is expected to grow during 2022 to 2029. The increasing prevalence of diabetic retinopathy and rising cases of visual impairment, along with technological advancements in imaging techniques, are expected to drive the demand for wide field imaging devices significantly.
Data Bridge Market Research analyses that the wide field imaging devices market which was USD 531.28 million in 2021, would rocket up to USD 926.58 million by 2029, and is expected to undergo a CAGR of 7.20% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Wide Field Imaging Devices Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Components (Software, Data Analysis and Interpretation, Image Viewing, Instruments),Type (Portable, Table Top, Hand Held), Applications (Glaucoma, Diabetic Retinopathy, Age Related Macular Degeneration, Central Serous Retinopathy, Vitreous Traction, Pediatric, Point of Care, Others),End Use (Hospitals, Research Institutes, Ambulatory Surgical Centres, Diagnostic Centres)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Carl Zeiss Meditec AG (Germany), Centervue S.P.A. (Italy), Clarity Medical Systems, Inc. (India), Epipole Ltd. (U.K.), Forus Health Pvt Ltd (India), Heidelberg Engineering GmbH (Germany), Medibell Medical Vision Technologies Ltd (U.S.), oDocs Eye Care (U.S.), Optos (U.K.), Phoenix Technology Group, LLC (U.S.), Visunex Medical Systems (U.S.)
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Market Opportunities
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Market Definition
Retinal imaging is a method for creating two-dimensional representations of three-dimensional retinal tissue. These methods are crucial for treating hypertensive retinopathy, diabetic retinopathy, age-related macular degeneration, vascular diseases, glaucoma, retinal detachments, leukaemia, and systemic infections as well as managing and diagnosing disorders in the practice of ophthalmology.
Wide Field Imaging Devices Market Dynamics
Drivers
- Rising chronic diseases
Devices with wide field imaging are used to diagnose peripheral eye disorders, peripheral eye tumors, and diabetic issues. When the procedure is over, downloading images is considerably simpler and quicker than with other methods, which is one of the main drivers driving the market for wide field imaging devices.
- Increase in the prevalence of diabetic retinopathy
The market for wide-field imaging equipment is anticipated to grow as a result of new breakthroughs in telemedicine technology, portable camera advancements, and other fields of innovation. Additionally, there has been an increase in the prevalence of diabetic retinopathy conditions, which is driving up demand for wide field imaging devices.
Opportunities
The demand for wide field imaging devices is anticipated to grow significantly in the coming years due to the rising incidence of refractive errors, cataracts, glaucoma, age-related macular degeneration, and the rising prevalence of diabetic retinopathy and cases of visual impairment brought on by these conditions.
Restraints/Challenges
- Intellectual property rights
On the other hand, the high regulatory framework and intellectual property rights laws will obstruct the market's growth rate.
- High cost
Expensive prices of wide filed imaging devices, including indirect charges on the hospitals, are significant in the clinical trial studies conducted by various research centers and institutes.
This wide field imaging devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wide field imaging devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2019, Carl Zeiss received FDA approval for Clarus 700, an ultra-widefield imaging device. This gadget offers a variety of fundus imaging techniques, including fluorescein angiography.
- In 2019, Optos announced the opening of Silverstone in San Francisco.
Global Wide Field Imaging Devices Market Scope
The wide field imaging devices market is segmented on the basis of components, type, applications, and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Components
- Software
- Data Analysis and Interpretation
- Image Viewing, Instruments
Type
- Portable
- Table Top
- Hand Held
Applications
- Glaucoma
- Diabetic Retinopathy
- Age Related Macular Degeneration
- Central Serous Retinopathy
- Vitreous Traction
- Pediatric
- Point of Care
- Others
End Use
- Hospitals
- Research Institutes
- Ambulatory Surgical Centres
- Diagnostic Centres
Wide Field Imaging Devices Market Regional Analysis/Insights
The wide field imaging devices market is analysed and market size insights and trends are provided by country, components, type, applications, and end use as referenced above.
The countries covered in the wide field imaging devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wide field imaging devices market due to the high number of patient with retina disorder, diabetic retinopathy, skin cancer and well established healthcare infrastructure.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to huge population increase in countries such as China, India, and Japan with rising economies and increasing awareness about the diagnosis.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The wide field imaging devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for wide field imaging devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the wide field imaging devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Wide Field Imaging Devices Market Share Analysis
The wide field imaging devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wide field imaging devices market.
Some of the major players operating in the wide field imaging devices market are:
- Carl Zeiss Meditec AG (Germany)
- Centervue S.P.A. (Italy)
- Clarity Medical Systems, Inc. (India)
- Epipole Ltd. (U.K.)
- Forus Health Pvt Ltd (India)
- Heidelberg Engineering GmbH (Germany)
- Medibell Medical Vision Technologies Ltd (U.S.)
- oDocs Eye Care (U.S.)
- Optos (U.K.)
- Phoenix Technology Group, LLC (U.S.)
- Visunex Medical Systems (U.S.)
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