Global Electroretinogram Market Size, Trends & Growth Opportunity, By Type (Fixed ERG and Portable ERG), By Application (Research and Developments and Clinical Use), By Region and Forecast till 2027.
Report ID : IR1001798 | Industries : Healthcare | Published On :June 2024 | Page Count : 231
Global Electroretinogram Market Size, Trends & Growth Opportunity, By Type (Fixed ERG and Portable ERG), By Application (Research and Developments and Clinical Use), By Region and Forecast till 2027.
Global Electroretinogram Market
The Global Electroretinogram Market is expected to grow from US$ 1.01 Billion in 2021 to US$ 2.51 Billion by 2027; it is estimated to grow at a CAGR of 16.38% from 2021 to 2027.
Market Overview
An electroretinogram is a sort of diagnostic examination that records the electrical activity that neural and non-neuronal retinal cells produce in response to light stimulation. The rising use of electroretinograms in ophthalmology is anticipated to drive the market's growth.
Market Drivers
The primary factor anticipated to fuel the growth of the global electroretinogram market is the increase in glaucoma prevalence among people. Additionally, during this forecast time, the prevalence of eye disorders will rise, which will benefit market expansion. Additionally, an increase in the number of elderly people worldwide will spur the electroretinogram market's expansion shortly. Additionally, an increase in investments and R&D activities will drive market expansion.
Market Restraints
The main difficulty that is predicted to restrain the growth of the global electroretinogram market is the high cost of electroretinography.
Impact of Covid-19 on the Electroretinogram Market
The COVID-19 pandemic may be disruptive to retinal function. The size of the retinal veins is proportional to the severity of the COVID-19 disease infection. COVID-19 diseases can cause the retina to change significantly, for example, by altering the retinal vascular system. However, after receiving the COVID-19 vaccination, only a tiny number of incidences of adverse effects on the retina were documented. Electroretinograms were used to detect and monitor problems with the retina's health as well as other vision-related problems. The monitoring and treatment of chronic eye illnesses including diabetic retinopathy and macular degeneration are also significantly impacted by the pandemic's control and the danger of infection.
Market Segmentation
The global electroretinogram market is divided into two types, namely fixed erg and portable erg. The market is also segmented by application, which includes research and developments, and clinical use. Clinical diagnostics application is currently dominating the industry due to the increasing prevalence of eye problems and the need for early disease identification. The global market is divided into five regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa, With Asia Pacific is expected to grow at the highest CAGR during the forecast period due to the growing elderly population, adoption of new technology, rising prevalence of chronic diseases like diabetes, and increased consumer awareness of eye problems.
Market Key Players
Various key players are discussed in this report such as Electro-Diagnostic Imaging, Inc., Roland-consult, Diopsys, Inc., CSO Italia, Metrovision, Diagnosys LLC, and LKC Technologies.
Market Taxonomy
By Type
• Fixed ERG
• Portable ERG
By Application
• Research and Developments
• Clinical Use
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Electroretinogram Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Electroretinogram Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Electroretinogram Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Electroretinogram Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Electroretinogram Market Share Analysis, By Type
5.3 Global Electroretinogram Market Size and Forecast, By Type
5.3.1 Fixed ERG
5.3.2 Portable ERG
6 Global Electroretinogram Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Electroretinogram Market Share Analysis, By Application
6.3 Global Electroretinogram Market Size and Forecast, By Application
6.3.1 Research and Development
6.3.2 Clinical Use
7Global Electroretinogram Market, By Region
7.1 Global Electroretinogram Market Share Analysis, By Region
7.2 Global Electroretinogram Market Size and Forecast, By Region
8North America Electroretinogram Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Electroretinogram Market Share Analysis, By Type
8.3 North America Electroretinogram Market Size and Forecast, By Application
8.4 North America Electroretinogram Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Electroretinogram Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Electroretinogram Market Share Analysis, By Type
9.3 Europe Electroretinogram Market Size and Forecast, By Application
9.4 Europe Electroretinogram Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Electroretinogram Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Electroretinogram Market Share Analysis, By Type
10.3 Asia Pacific Electroretinogram Market Size and Forecast, By Application
10.4 Asia Pacific Electroretinogram Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Electroretinogram Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Electroretinogram Market Share Analysis, By Type
11.3 Latin America Electroretinogram Market Size and Forecast, By Application
11.4 Latin America Electroretinogram Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Electroretinogram Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Electroretinogram Market Share Analysis, By Type
12.3 Middle East Electroretinogram Market Size and Forecast, By Application
12.4 Middle East Electroretinogram Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 Electro-Diagnostic Imaging, Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Roland-Consult
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Diopsys, Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 CSO Italia
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Metrovision
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Diagnosys LLC
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 LKC Technologies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies