Electroretinography Market

Electroretinography Market

Electroretinography Market to 2027 Global Analysis and Forecasts By Product (Fixed Electroretinography and Portable Electroretinography), Application (Clinical and Research), and Geography

Electroretinography Market

Current and future Market Scenario ➢ The electroretinography market was valued at US$ 35.79 million in 2018 and it is projected to reach US$ 62.72 million in 2027; it is expected to grow at a CAGR of 6.7% from 2019 to 2027. ➢ The report highlights the trends prevalent in the electroretinography market and the factors driving the market along with those that act as deterrents to its growth. ➢ The global electroretinography market is segmented into fixed electroretinography and portable electroretinography. In 2018, the fixed electroretinography segment held largest share of the market. However, the portable electroretinography segment is estimated to register the highest CAGR during the forecast period. ➢ Electroretinography (ERG) is a diagnostic test used to measure the electrical response of the light sensitive cells such as the cones and the rods present in the eyes. ERG is used for detecting eye disorders such as, retinitis pigmentosa, macular degeneration, retinoblastoma, glaucoma as well as diabetic retinopathy

Key Findings

➢ The growth of the global electroretinography market is attributed to the rising prevalence of glaucoma among individuals, increasing cases of eye disorders in developed economies and growing geriatric population worldwide.

However, risks associated with the electroretinography is the major factor hindering the market growth. ➢ The global electroretinography market is expected to witness substantial growth post-pandemic.

Market Insights Rising Prevalence of Glaucoma Glaucoma is a disease that damages the eye’s optic nerve. The condition occurs when a layer of fluid fills up on the outer side of the eye, creating a pressure and hence leading to damage to optic nerves. Glaucoma often leads to vision loss, eventually causing blindness.

As per Glaucoma Research Foundation, currently there are around 3 million people with glaucoma in the United States.

The number is expected to reach up to 4.2 million by 2030, with an increase of almost 58 percent, as per the forecasts given by, The National Eye Institute

Electroretinography Market

Market Segments

By Type (Fixed Electroretinography & Portable Electroretinography )

By Application (Clinical & Research)

By Geography (North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America and Central America (SCAM))

Electroretinography Market Dominating Segments

➢ Electroretinography (ERG) is a diagnostic test used to measure the electrical response of the light sensitive cells such as the cones and the rods present in the eyes. ERG is used for detecting eye disorders such as, retinitis pigmentosa, macular degeneration, retinoblastoma, glaucoma as well as diabetic retinopathy. ➢ Glaucoma is a disease that damages the eye’s optic nerve. The condition occurs when a layer of fluid fills up on the outer side of the eye, creating a pressure and hence leading to damage to optic nerves. Glaucoma often leads to vision loss, eventually causing blindness ➢ The World Health Organization estimates that 4.5 million people worldwide are blind due to glaucoma. In the United States, around 120,000 are blind from glaucoma, accounting for 9% to 12% of all cases of blindness.

Dominating Segments Product Insights Type Insights

➢ The global electroretinography market is segmented into fixed electroretinography and portable electroretinography. In 2018, the fixed electroretinography segment held largest share of the market. ➢ The global electroretinography market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally. ➢ Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00003514/?source=Others-10381

Dominating Segments

The Report Segments the Global Electroretinography Market as follows: Global Electroretinography Market - By Product Fixed Electroretinography Portable Electroretinography Global Electroretinography Market - By Application Clinical Research

Electroretinography Market

Leading Players

Company Profiles in Electroretinography Market are: LKC Technologies, Inc Diagnosys LLC Electro-Diagnostic Imaging, Inc. Diopsys, Inc. Roland Consult Stasche & Finger GmbH Metrovision Costruzione Strumenti Oftalmici Konan Medical USA, Inc. Welch Allyn

REGIONAL FRAMEWORK

REGIONAL FRAMEWORK

Electroretinography Market

Electroretinography Market Access Full Research Report at: https://www.theinsightpartners.com/reports/electroretinography-market/?source=Others-10381

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