The retinal imaging devices such as retinal cameras, CT scanners and fundus cameras are used to capture images of the retina and posterior pole of the eye. Retinal imaging devices helps in detecting various retinal diseases such as glaucoma, diabetic retinopathy, age-related macular degeneration, and retinal vein occlusion at an earlier stage. These devices provides non-invasive and painless imaging of the retina with high-resolution revealing fine retinal details. The growing need for regular screening and early detection of retinal diseases is driving the demand for retinal imaging devices globally.

Key Takeaways

Key players operating in the retinal imaging devices are Icare Finland Oy, Carl Zeiss Meditec AG, Topcon Corporation, NIDEK Co., Ltd., Optos plc (Nikon Corporation), CenterVue SpA, Forus Health Pvt Ltd., Eyenuk, Inc., Imagine Eyes, Clarity Medical Systems, Inc., Optomed Plc., and Eye-Tech. Icare Finland Oy and Optos plc hold a major share in the retinal imaging devices market. Advancement in imaging technologies and growing adoption of non-mydriatic fundus cameras, OCT scanners and retinal cameras is creating new opportunities for players in the retinal imaging devices market.

Geographic expansion across emerging markets of Asia Pacific and Latin America presents lucrative growth opportunities for players. Key players are focusing on new product launches, partnerships and acquisitions to strengthen their market presence globally and tap the high growth opportunities.

Market drivers

- Increasing prevalence of eye diseases such as diabetic retinopathy, glaucoma, age-related macular degeneration (AMD) etc. is a major factor driving the Retinal Imaging Devices Market Growth.

- Growing geriatric population who are more prone to retinal diseases will further propel the market growth over the forecast period.

Market Restraints

- High cost of advanced retinal imaging devices may restrict its adoption in price sensitive developing markets.

- Lack of awareness about regular retinal screening in developing regions also poses a challenge to market growth.

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