The global wide field imaging devices market size is expected to reach USD 779.7 million by 2027 according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 6.7% during the forecast period. Growing prevalence of retinal disorders such as diabetic retinopathy, choroidal melanoma, and Uveitis is expected to drive the adoption of wide field imaging devices. Moreover, increasing product launches for various application areas mainly to capture the infection in the posterior side of the eye is also expected to propel the overall market growth. Increasing usage in various medical environment is also expected to contribute toward the adoption of hand-held wide field imaging devices.
Increasing number of Retinopathy of Prematurity (ROP) cases is leading to growing demand of the device for quick and effective diagnosis. Therefore, various market players are continuously engaging in technological advancement to effectively diagnose and treat ROP. In addition, growing number of retinal specialty clinics and increasing installation of wide field imaging devices are the factors expected to ensure swift market growth during the forecast period.
Major market players are incorporating various strategies such as mergers and acquisitions, partnerships, and collaborations to develop, distribute, and enhance wide field imaging devices in different settings and widen the scope of their application. Moreover, clinical studies conducted by various universities to understand the effectiveness of the devices and to compare the already existing and upcoming products is expected to boost the market growth during the forecast period.
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Wide Field Imaging Devices Market Report Highlights
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Wide Field Imaging Devices Market Segmentation
Grand View Research has segmented the global wide field imaging devices market based on application, modality, end use, and region:
Wide Field Imaging Devices Application Outlook (Revenue, USD Million, 2016 – 2027)
Wide Field Imaging Devices Modality Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
Wide Field Imaging Devices End-use Outlook (Revenue, USD Million, 2016 – 2027)
Wide Field Imaging Devices Regional Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
List of Key Players of Wide Field Imaging Devices Market
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About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
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