The retinal imaging devices market is projected to reach US$ 3.00 billion by 2028 from US$ 2.06 billion in 2021; it is estimated to grow at a CAGR of 5.6% during 2021–2028.
Retinal imaging is a technique that is used to analyze and diagnose the condition of a patient's retina. Retinal imaging devices (RID) use high-resolution imaging systems to capture inside pictures of an eye. The captured image helps Virtual Private Network (VSP) network doctors assess the health of the retina, which helps in the detection and management of eye and health conditions such as diabetes, glaucoma, and macular degeneration, amongst others.
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Retinal Imaging Devices Market: Strategic Insights
Market Size Value in US$ 2.06 billion in 2021 Market Size Value by US$ 3.00 billion by 2028 Growth rate CAGR of 5.6% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Retinal Imaging Devices Market: Strategic Insights
| Market Size Value in | US$ 2.06 billion in 2021 |
| Market Size Value by | US$ 3.00 billion by 2028 |
| Growth rate | CAGR of 5.6% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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The growth of the retinal imaging devices market is attributed to the improved ophthalmologists’ access to the retina, growing global initiatives for blindness and technological advancements. However, the high cost of OCT devices hampers the market growth.
Market Insights
Rising prevalence of eye diseases
Retinal imaging devices are widely used to diagnose and treat various eye-related diseases such as diabetic retinopathy, age-related macular degeneration, glaucoma, ocular melanoma, and mild vision problems. In addition, across the world, concern for blindness or vision impairment is growing significantly. According to the data published by the World Health Organization (WHO) in October 2021, nearly 2.2 billion people live with a vision impairment or blindness. Among which approximately one billion vision impairment cases can be prevented by proper diagnosis and treatment. These one billion people have different eye problems related to moderate or severe distance vision impairment or blindness. Image-related diagnostic technologies have begun to offer unprecedented growth into eye diseases based on morphological datasets. Such a factor is expected to aid the retinal imaging devices market over the forecast period.
Device Type-Based Insights
Based on device type, the global retinal imaging devices market has been segmented into fluorescein angiography, fundus camera, and optical coherence tomography. The fundus camera segment held the largest share of the market in 2021. Fundus photography has transformed from electronic flashes to smartphone-based cameras to a more recent portable eye examination kit (PEEK). PEEK is a smartphone-based application for a comprehensive eye examination. The advantage of these cameras is that a non-ophthalmologist can take pictures and, with some training, grade them as well. However, the optical coherence tomography segment is anticipated to register the highest CAGR of 8.1% in the market during the forecast period. The optical coherence tomography allows the evaluation of different levels of macular ischemia that are not diagnosed in primary imaging. The technique is used as a standard for imaging modalities for eyes.
End-User-Based Insights
Based on end-user, the global retinal imaging devices market is segmented into hospitals and clinics, specialty clinics, ambulatory care centers, and others. The hospitals & clinics segment held the largest share of the market in 2021 and specialized eye care centers is expected to register the highest CAGR of 6.6% in the market during the forecast period.
Retinal Imaging Devices Market Report Scope
Regional Insights
Based on regions, the North America region accounted for the largest share in 2021 and is expected to follow a similar trend over the forecast period. The Asia Pacific region is expected to witness the highest growth rate over the forecast period. The application of Artificial intelligence (AI) and deep learning system (DLS) to improve screening coverage in Singapore is expected to assist the regional growth over the next seven years.
Product launches and approvals are commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the retinal imaging devices market players focus on the partnership strategy to expand their clientele, which, in turn, permits them to maintain their brand name across the world.
Based on device type, the retinal imaging devices market is categorized into fluorescein angiography, fundus camera and optical coherence tomography. Based on end-user, the market is segmented into hospitals & clinics, ambulatory surgical centers, specialized eye care centers and other end users. By geography, the retinal imaging devices market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).Some of the company profiles listed in our research scope are Carl Zeiss Meditec, Revenio Group Oyj, Nikon Corporation, Optomed, Topcon Corporation, Imagine Eyes, Epipole Ltd, Forus Health Pvt Ltd, Eyenuk Inc, and Phoenix Technology Group LLC amongst others.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Device Type, and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global retinal imaging devices market is expected to reach US$ 3,009.55 million by 2028 from US$ 2,060.01 million in 2021; it is estimated to grow at a CAGR of 5.6% during 2021–2028.
The retinal imaging devices market majorly consists of players such as Carl Zeiss Meditec, Revenio Group Oyj, Nikon Corporation, Optomed, Topcon Corporation, Imagine Eyes, Epipole Ltd, Forus Health Pvt Ltd, Eyenuk Inc, and Phoenix Technology Group LLC among others.
The fundus camera type held the largest share of the market in 2021. However, the optical coherence tomography type is anticipated to register the highest CAGR of 8.1% in the market during the forecast period. The optical coherence tomography allows the evaluation of different levels of macular ischemia that are not diagnosed in primary imaging. The technique is used as a standard for imaging modalities for eyes.
The Asia Pacific registered as the fastest-growing region in the global retinal imaging devices market. The market in this region is expected to grow significantly in countries such as China, Japan, and India. The market is driven by the rising prevalence of eye diseases and related factors. In China, eye diseases such as uncorrected sight problems, limited access to ophthalmologists in rural parts are driving the market growth. Whereas in Japan, the cost of eye health is rising significantly, and in India, the prevalence of diabetic retinopathy is growing exponentially. Also, factors such as the rising geriatric population in South Korea and global initiatives such as Vision 2020 in Australia are likely to support the growth of the market during the forecast period
The growth of the market is attributed to the rising prevalence of eye diseases, growing global initiatives for blindness and technological advancement in ophthalmology drives the market growth. However, the high cost of OCT devices hampers the market growth.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Retinal Imaging Device Market – By Device Type
1.3.2 Global Retinal Imaging Device Market – By End User
1.3.3 Global Retinal Imaging Device Market – By Geography
2. Retinal Imaging Device Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Retinal Imaging Device – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South & Central America
4.3 Expert Opinion
5. Retinal Imaging Device – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising prevalence of eye diseases
5.1.2 Growing global initiatives for blindness
5.1.3 Technological advancements
5.2 Key Market Restraints
5.2.1 High cost of OCT devices
5.3 Key Market Opportunities
5.3.1 Opportunities to reduce cost of OCT devices
5.4 Future Trends
5.4.1 Integrating artificial intelligence in retinal imaging devices
5.5 Impact Analysis
6. Retinal Imaging Device Market – Global Analysis
6.1 Global Retinal Imaging Device Market Revenue Forecast And Analysis
6.2 Global Retinal Imaging Device Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Retinal Imaging Device Market Analysis – By Device Type
7.1 Overview
7.2 Retinal Imaging Device Market Revenue Share, by Device Type (2021 and 2028)
7.3 Fluorescein Angiography
7.3.1 Overview
7.3.2 Fluorescein Angiography: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Fundus Camera
7.4.1 Overview
7.4.2 Fundus Camera: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Optical Coherence Tomography
7.5.1 Overview
7.5.2 Optical Coherence Tomography: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
8. Retinal Imaging Device Market Analysis – By End User
8.1 Overview
8.2 Retinal Imaging Device Market, by End User (2021 and 2028)
8.3 Hospitals & Clinics
8.3.1 Overview
8.3.2 Hospitals & Clinics: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Centers: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
8.5 Specialized Eye Care Centers
8.5.1 Overview
8.5.2 Specialized Eye Care Centers: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
8.6 Other End Users
8.6.1 Overview
8.6.2 Other End Users: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
9. Retinal Imaging Device Market – Geographic Analysis
9.1 North America: Retinal Imaging Device Market
9.1.1 Overview
9.1.2 North America: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3 North America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.1.4 North America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.1.5 North America: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
9.1.6 US: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.6.1 US: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.6.2 US Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.1.6.3 US Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.1.7 Canada: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.7.1 Canada: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.7.2 Canada Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.1.7.3 Canada Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.1.8 Mexico: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.8.1 Mexico: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.1.8.2 Mexico Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.1.8.3 Mexico Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2 Europe: Retinal Imaging Device Market
9.2.1 Overview
9.2.2 Europe: Retinal Imaging Device Market - Revenue and Forecast to 2028 (US$ Million)
9.2.3 Europe Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.4 Europe Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.5 Europe: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
9.2.6 Germany: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.6.1 Germany: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.6.2 Germany Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.6.3 Germany Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.7 UK: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.7.1 UK: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.7.2 United Kingdom Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.7.3 United Kingdom Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.8 France: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.8.1 France: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.8.2 France Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.8.3 France Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.9 Spain: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.9.1 Spain: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.9.2 Spain Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.9.3 Spain Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.10 Italy: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.10.1 Italy: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.10.2 Italy Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.10.3 Italy Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.2.11 Rest of Europe: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.11.1 Rest of Europe: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.2.11.2 Rest of Europe Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.2.11.3 Rest of Europe Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3 Asia Pacific: Retinal Imaging Device Market
9.3.1 Overview
9.3.2 Asia Pacific: Retinal Imaging Device Market - Revenue and Forecast to 2028 (US$ Million)
9.3.3 Asia Pacific Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.4 Asia Pacific Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.5 Asia Pacific: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
9.3.6 China: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.6.1 China: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.6.2 China Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.6.3 China Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.7 Japan: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.7.1 Japan: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.7.2 Japan Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.7.3 Japan Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.8 India: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.8.1 India: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.8.2 India Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.8.3 India Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.9 South Korea: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.9.1 South Korea: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.9.2 South Korea Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.9.3 South Korea Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.10 Australia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.10.1 Australia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.10.2 Australia Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.10.3 Australia Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.3.11 Rest of Asia Pacific: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.11.1 Rest of Asia Pacific: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.3.11.2 Rest of Asia Pacific Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.3.11.3 Rest of Asia Pacific Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.4 Middle East & Africa: Retinal Imaging Device Market
9.4.1 Overview
9.4.2 Middle East & Africa: Retinal Imaging Device Market - Revenue and Forecast to 2028 (US$ Million)
9.4.3 Middle East and Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.4.4 Middle East and Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.4.5 Middle East & Africa: Retinal Imaging Device Market Share by Country – 2021 & 2028, (%)
9.4.6 Saudi Arabia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.6.1 Saudi Arabia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.6.2 Saudi Arabia Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.4.6.3 Saudi Arabia Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.4.7 UAE: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.7.1 UAE: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.7.2 UAE Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.4.7.3 UAE Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.4.8 South Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.8.1 South Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.8.2 South Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.4.8.3 South Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.4.9 Rest of Middle East and Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.9.1 Rest of Middle East and Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4.9.2 Rest of Middle East and Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.4.9.3 Rest of Middle East and Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5 South and Central America: Retinal Imaging Device Market
9.5.1 Overview
9.5.2 South and Central America: Retinal Imaging Device Market - Revenue and Forecast to 2028 (US$ Million)
9.5.3 South and Central America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.5.4 South and Central America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.5 South and Central America: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
9.5.6 Brazil: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.6.1 Brazil: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.6.2 Brazil Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.5.6.3 Brazil Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.7 Argentina: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.7.1 Argentina: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.7.2 Argentina Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.5.7.3 Argentina Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.8 Rest of South and Central America: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.8.1 Rest of South and Central America: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
9.5.8.2 Rest of South and Central America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
9.5.8.3 Rest of South and Central America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
10. Impact of COVID-19 Pandemic on Global Retinal Imaging Devices Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
10.2 Europe: Impact Assessment of COVID-19 Pandemic
10.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.5 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Retinal Imaging Devices Market– Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Carl Zeiss Meditec
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Revenio Group Oyj
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nikon Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Optomed
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Topcon Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Imagine Eyes
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Epipole Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Forus Health Pvt Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Eyenuk Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Phoenix Technology Group LLC
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Cause of Vision Impairment in 1 Billion People across the World, 2019-2021.
Table 2. North America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. US Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 12. Germany Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Germany Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 14. United Kingdom Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. United Kingdom Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. France Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. France Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 18. Spain Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Spain Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Italy Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 24. Asia Pacific Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Asia Pacific Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 26. China Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. China Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 28. Japan Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. Japan Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 30. India Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. India Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 32. South Korea Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. South Korea Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 34. Australia Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Australia Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Asia Pacific Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Asia Pacific Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 38. Middle East and Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Middle East and Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 40. Saudi Arabia Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. Saudi Arabia Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 42. UAE Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. UAE Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 44. South Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. South Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Middle East and Africa Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Middle East and Africa Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 48. South and Central America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. South and Central America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 50. Brazil Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Brazil Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 52. Argentina Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 53. Argentina Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of South and Central America Retinal Imaging Device Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of South and Central America Retinal Imaging Device Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 56. Organic Developments Done By Companies
Table 57. Inorganic Developments Done by Companies
Table 58. Glossary of Terms, Retinal Imaging Device Market
LIST OF FIGURES
Figure 1. Retinal Imaging Device Market Segmentation
Figure 2. Retinal Imaging Device Segmentation - By Geography
Figure 3. Global Retinal Imaging Device Market Overview
Figure 4. Fundus Camera Segment Held Largest Share of Device Type Segment in Retinal Imaging Device Market
Figure 5. Asia-Pacific Region Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Global Retinal Imaging Device Market, By Geography (US$ Million)
Figure 7. Global Retinal Imaging Device Market- Leading Country Markets (US$ Million)
Figure 8. Global Retinal Imaging Devices Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East & Africa PEST Analysis
Figure 13. South & Central America PEST Analysis
Figure 14. Retinal Imaging Device Market Impact Analysis of Drivers and Restraints
Figure 15. Global Retinal Imaging Device Market – Revenue Forecast And Analysis – 2021- 2028
Figure 16. Global Retinal Imaging Device Market – By Geography Forecast And Analysis – 2019- 2028
Figure 17. Market Positioning Of Key Players In Global Retinal Imaging Device Market
Figure 18. Retinal Imaging Device Market Revenue Share, by Device Type (2021 and 2028)
Figure 19. Fluorescein Angiography: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Fundus Camera: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Optical Coherence Tomography: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Retinal Imaging Device Market, by End User (2021 and 2028)
Figure 23. Hospitals & Clinics: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. Ambulatory Surgical Centers: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
Figure 25. Specialized Eye Care Centers: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
Figure 26. Other End Users: Retinal Imaging Device Market, Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Retinal Imaging Device Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. North America Retinal Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
Figure 30. US: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Retinal Imaging Device Market, by Key Country – Revenue (2021) (US$ Million)
Figure 34. Europe Retinal Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
Figure 36. Germany: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. UK: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. France: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Spain: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Italy: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of Europe: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Asia Pacific: Retinal Imaging Device Market, by Key Country – Revenue (2021) (US$ Million)
Figure 43. Asia Pacific Retinal Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
Figure 45. China: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Japan: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. India: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. South Korea: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Australia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Asia Pacific: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Middle East & Africa: Retinal Imaging Device Market, by Key Country – Revenue (2021) (US$ Million)
Figure 52. Middle East & Africa Retinal Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 53. Middle East & Africa: Retinal Imaging Device Market Share by Country – 2021 & 2028, (%)
Figure 54. Saudi Arabia: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. UAE: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. South Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Rest of Middle East and Africa: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. South and Central America: Retinal Imaging Device Market, by Key Country – Revenue (2021) (US$ Million)
Figure 59. South and Central America Retinal Imaging Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 60. South and Central America: Retinal Imaging Device Market, by Country, 2021 & 2028 (%)
Figure 61. Brazil: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Argentina: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Rest of South and Central America: Retinal Imaging Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. Impact of COVID-19 Pandemic in North American Country Markets
Figure 65. Impact of COVID-19 Pandemic in European Country Markets
Figure 66. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 67. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 68. Impact of COVID-19 Pandemic on South and Central America Country Markets
Figure 69. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - Retinal Imaging Device Market
- Carl Zeiss Meditec
- Revenio Group Oyj
- Nikon Corporation
- Optomed
- Topcon Corporation
- Imagine Eyes
- Epipole Ltd
- Forus Health Pvt Ltd
- Eyenuk Inc
- Phoenix Technology Group LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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