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(Medical-NewsWire.com, June 11, 2018 ) Global Widefield Imaging Devices market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024.
Market Outline: Wide field Imaging Devices Market
Peripheral retina is frequently affected by various diseases and Wide field Imaging Devices 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.
Market Dynamics: Wide field Imaging Devices Market
Growing geriatric population around the world is the major factor that drives the growth of Wide field 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 Wide field Imaging Devices market. Moreover, presence of favorable reimbursements, advancements in the technology, and increase in R&D investments also propels the Wide field 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 Wide field Imaging Devices market globally.
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Market Scope: Wide-field Imaging Devices Market
Wide field Imaging Devices Market is segmented on the basis of Component, Type, Application, End user and Geographical regions
Based on the Component, Widefield Imaging Devices Market is segmented as:
• Software
• Data Analysis and Interpretation
• Image viewing
• Instruments
Based on the Type, Widefield Imaging Devices Market is segmented into the following:
• Portable
• Table top
• Hand held
Based on the Application, Widefield 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, Widefield Imaging Devices Market is segmented into the following:
• Hospitals
• Ambulatory Surgical Centres
• Diagnostic Centres
• Research Institutes
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Market Summary: Widefield Imaging Devices Market
Widefeild imaging systems market is highly fragmented and is based on new product launches and clinical results of products. Major arket players were focusing on various strategies such as new product developments and launches, clinical trials, market initiatives, high investments on research and development, joint ventures, acquisitions and partnerships with the competitors to enhance their footprints in Widefeild imaging systems market.
Regional Analysis: Widefield Imaging Devices Market
Geographically, widefield imaging systems 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 widefield imaging systems 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 in widefield imaging systems market 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.
Competition Assessment: Widefield Imaging Devices Market
Some of the players in the global Widefield 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)
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Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, 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 the 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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