Global retinal imaging devices market is estimated to rise at a higher CAGR for the forecast period due to market dynamics and driving forces. Initially, with the rise in number of eye patients and linked diseases is a fertile market for retinal imaging. Since most eye-related diseases coupled with systemic diseases are noticeable in the retina itself.
Retina is a layered tissue lining the interior of the eye which is responsible for the conversion of incoming light into a neural signal which is suitable for further processing in the visual cortex of the brain. It can be termed as extension of the brain as retina possesses the ability of image producing and develops techniques to analyze the images. Retina is needed to see the outer world and so the ocular structures need to be optically transparent for form an image. With proper techniques, retina is visible from the outside.
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Eye diseases such as low blood supply, macular degeneration and glaucoma and systemic diseases such as diabetic retinopathy from diabetes rising from diabetes and hypertensive retinopathy rising from cardiovascular disease are most common incidences in the population. To address such disease, 2D and 3D retinal imaging devices are used. Technically, a 2D representation of 3D semi-transparent retinal tissues is projected on the imaging plane. With rapid developments in retinal imaging fundus photography is used extensively for large population. Also, optical coherence tomography and fluoresce in angiography are some techniques used in the retinal imaging diagnosis. Overall, the advancing techniques in retinal imaging are gaining a positive traction. Thus, the market growth is anticipated to rise at a higher CAGR during the forecast period.
The retinal imaging devices market is driven by factors such as rising geriatric population and increasing incidences of retinal disorders on a global scale. Additionally, technological enhancements in nations across the world are likely to propel market growth for the forecast period.
Retinal imaging devices market is segmented into handheld retinal imaging and others, based on product. Based on application, the retinal imaging device market is segmented into hospital, eye clinic and home care.
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