Global Retinal Detachment Market is expected to experience a period of decent growth projected to grow at a CAGR of 5.9% between 2017 and 2023. Furthermore, the market valuation is calculated to reach USD 2689.2 million by the end of the assessment period.
Market Overview
Retinal detachment occurs when retinas separate from its layers of support. Most retinal detachments occur owing to retinal tear, break, or hole. Depending upon how much time the retina is detached, the condition can cause the partial to total blindness. The severity of the condition makes the early diagnosis of the same imperative for curing retinal detachment.
One of the key factors influencing the demand of the market is the increasing prevalence of retinal detachment. On average, 10-15 out of 100,000 people succumb under this condition. Evolving and advancing technologies, investment by top players on R&D activities for new product development as well as for improving the existing products, increasing awareness concerning this disorder, favorable initiatives undertaken by the government, and adoption of new medical devices across hospitals are slated to also push the market position of retinal detachment.
Competitive Landscape
The global retinal detachment market includes a host of leading and pioneering organizations. This includes,
- Centervue SpA (Italy)
- Carl Zeiss Meditec Inc. (US)
- HealPros LLC (US)
- Imagine Eyes (France)
- Optos (UK)
- Neurovision Imaging LLC. (US)
- Co:Lab Pensacola (US)
- Eyenuk Inc (US)
- Peek Vision Ltd. (UK)
- and others.
Market Segmentation
The global retinal detachment market segmentation is based on the following key dynamics: type, treatments, end-users, and diagnosis.
By type, the market divides into tractional, rhegmatogenous, exudativem, and others.
By diagnosis, the market includes fluorescein angiography, fundus photos, imaging, retinal examination, visual field test, and others. Imaging tests is segmented into ultrasound imaging and others. Furthermore, ultrasound imaging is segmented into A-scan, B-scan, and others.
By treatments, the market comprises of retinal detachment, retinal tears, and others. The retinal tears segment further narrows down into freezing (cryopexy), laser surgery (photocoagulation), and others. Whereas, retinal detachment segment breaks down into vitrectomy, pneumatic retinopexy, scleral, and others.
By end-user, the market includes academic institutes, eye hospitals and clinics, medical research centers, and others.
Intended Audience:
- Retinal detachment diagnostic and treatment supplies companies
- Retinal detachment diagnostic and treatment supplies provides
- Medical research laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Regional Analysis
The global retinal detachment market is geographically segmented into the four key regions, namely the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas market holds the largest share in the global market standings of retinal detachment. The Americas region is segmented into two key regions Latin America and North America. Among the two regions, the North American region dominates with the maximum market share over its counterpart. Major drivers of the regional market include technological advancements and research and development funding from government and private enterprises.
The Europe is the second-largest regional market following the Americas in terms of generating revenue. The European region is segmented primarily into Eastern and Western Europe. The Western European region hold a majority of the market due to the presence of developed countries like France, Germany, and the UK. Whereas, the Eastern European countries lack the same market share, however, it is expected to grow significantly over the forecast period.
The Asia Pacific region holds the potential to be the fastest growing region in the global market for retinal detachment market. The regional market is positively influenced by the developing healthcare infrastructure, increasing healthcare expenditure, growing awareness, and high percentage of adoption of new devices and treatment methodologies.
The Middle Eastern and African market is expected to experience the least percentage of growth as compared to the global average. The slight share of growth of the Middle Eastern region can be attributed to countries like Saudi and the UAE, primarily due to the availability of various high-rated medical facilities, favorable support from the government for improving public health, and prevalence of high-income groups.
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On the other hand factors such as lack of awareness, high diagnostics, and surgical procedures costs are projected to restrain the market growth during the estimated period.
Laser iridotomy is estimated to cost around USD 1,068 to USD 1,188.Eye Melanoma Market SegmentationThe global eye melanoma market is segmented on the basis of the site, diagnosis, treatment, and end user.On the basis of the site, the market is segmented into sclera, retina, uvea, and others.
The imaging segmented is sub-segmented into ultrasound, fluorescein angiography, fundus autofluorescence, optical coherence tomography, and others.
The surgery segment is sub-segmented into iridectomy, choroidectomy, enucleation, and others.
The presence of a well-developed healthcare sector, huge patient population, changing lifestyle, and increasing health care expenditure are major drivers of the Americas market.
Europe is the second leading region in the global eye melanoma market due to increasing availability of funds for research, well-developed healthcare sector, huge patient and growing geriatric population.
Global Solid State Lighting Market, by Technology (Light emitting diode (LED), Organic light emitting diode (OLED)), Application (Commercial, Transportation, Outdoor Lighting, Residential, Consumer Electronics) - Forecast 2027OverviewSolid state lighting is a process of generating light with the use of semiconductor LEDs, PLED and etc.
Solid state lightings are widely adopted, and it is used in traffic lights, remote controls, vehicle lights, parking lot lights, and train marker lights.
The rising demand for warehouse lighting due to the expansion of the automotive sector all over the world boosting solid state lighting market size.
The growing adoption of LEDs in medical devices due to their high portability, low thickness, great light quality, and lightweight is also one of the reasons behind the growth of the solid state lighting industry.
The increasing demand for LEDs with software-controllable brightness, LEDs in smartphones, white LEDs boost the solid state lighting market size.The global solid state lighting industry is growing rapidly with the need for long-life LED lights.
The need for energy-efficient lighting in industries like medical, automotive, traffic lighting, and outdoor lighting is one of the major drivers of the solid state lighting industry.
Molecular diagnostics is a branch of clinical pathology or laboratory medicine that uses techniques of molecular biology to diagnose disease, monitor the effectiveness of therapies, predict diseases course, and select therapy.
North America molecular diagnostics industry is estimated to grow at a significant CAGR in the upcoming period as the scope and its applications are increasing enormously.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/north-america-molecular-diagnostics-market/request-sample The key driving factors responsible for the growth of North America Molecular Diagnostics market : The factors that are playing a major role in the growth of North American molecular diagnostics market area technological enhancement in molecular diagnostic kits and rising R activities by manufacturers.
North America molecular diagnostics market is segmented based on product type, rest location, technology, application, and region.
Reagents sector accounted for the significant market share of North America molecular diagnostics and is estimated to continue with its dominance in the years to come.
In addition, the point-of-care sector is estimated to grow at the highest CAGR in the years to come.
The global Fundus Cameras Market is expected to value at USD 625.1 million by 2025.
Growing importance toward high-resolution digital images to achieve excellent clarity and precision in medical and healthcare applications is expected to favor the growth of fundus cameras industry.Additionally, complete transformation of the medical imaging platforms and systems, in the recent years, thus supporting the need for technologically sophisticated medical cameras.
Globally, the fundus camera market is predicted to grow at CAGR of 6.8% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/fundus-cameras-market-size/request-sampleFundus cameras allows facilitation for precise analysis of several conditions and aid in decision making for doctors and clinicians.
In addition, use of fundus cameras helps to identify and determine of any particular disorder or anomaly in the patient.
These factors are expected to play key role for sustained market growth over the forecast period.The recent technological advancement coupled with development of the novel products & techniques such as a specialized low power microscope and highly sensitive sensor technologies are expected to provide platform for the sustained growth of fundus camera industry in the upcoming years.
Growing popularity of the medical cameras among healthcare professionals and clinicians are estimated to offer lucrative growth opportunities for industry player over the forecast period.Growing geriatric population and emergence of cost effective solution are propelling market growth as well, in the recent years.
