Uploaded on Jul 21, 2021
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. Compared to the other methods of eye examination, ERG offers better results as well as causes less discomfort to the patients, hence is preferred widely for the diagnosis as well as treatment of various eye disorders.
Electroretinography Market PPT
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
By Geography (North
Electroretinography & By Application (Clinical America, Europe, Asia
Portable & Research) Pacific (APAC), Middle East
Electroretinography
& 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.
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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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