The global wide field imaging devices market size is expected to reach USD 954.0 million by 2030 according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 7.0% during the forecast period. Growing prevalence of retinal disorders such as diabetic retinopathy, choroidal melanoma, and Uveitis is expected to drive the adoption of wide field imaging devices. Moreover, increasing product launches for various application areas mainly to capture the infection in the posterior side of the eye is also expected to propel the overall market growth. Increasing usage in various medical environment is also expected to contribute toward the adoption of hand-held wide field imaging devices.
Wide Field Imaging Devices Market Report Highlights
- Diabetic retinopathy held the largest market share in 2023 and is expected to expand at the fastest CAGR mainly due to increasing prevalence of diabetes and diabetic retinopathy
- Retinopathy of prematurity segment held significant revenue share in 2023 mainly due to increasing cases of retinal disease in premature babies
- Tabletop wide field imaging devices held largest share in 2023 mainly due to increasing adoption of these devices in various medical settings
- Hospitals held largest share in end-use segment largely due to growing installation of wide field imaging devices in the setting
- Asia Pacific dominated the wide field imaging devices market and accounted for 25.8% in 2023 and is expected to experience the fastest CAGR during the forecast period with a CAGR of 8.9%.
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Increasing number of Retinopathy of Prematurity (ROP) cases is leading to growing demand of the device for quick and effective diagnosis. Therefore, various market players are continuously engaging in technological advancement to effectively diagnose and treat ROP. In addition, growing number of retinal specialty clinics and increasing installation of wide field imaging devices are the factors expected to ensure swift market growth during the forecast period.
Major market players are incorporating various strategies such as mergers and acquisitions, partnerships, and collaborations to develop, distribute, and enhance wide field imaging devices in different settings and widen the scope of their application. Moreover, clinical studies conducted by various universities to understand the effectiveness of the devices and to compare the already existing and upcoming products is expected to boost the market growth during the forecast period.
List of major companies in the Wide Field Imaging Devices Market
- Heidelberg Engineering Inc.
- Visunex Medical Systems, Inc.
- Optos
- Carl Zeiss Meditec AG
- CENTERVUE S.P.A.
- Clarity Medical Systems, Inc.
- MEDIBELL MEDICAL VISION TECHNOLOGIES LTD
- Forus Health Pvt Ltd
- oDocs Eye Care
- Phoenix Technology Group, LLC
- Epipole Ltd.
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We have segmented the global wide field imaging devices market on the basis of application, modality, end-use, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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