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Electroretinography Market Share, Size, Growth and Forecast (2018-2023)

Added: (Wed Jun 26 2019)

Pressbox (Press Release) - Market Overview:

Electroretinography Market is valued at USD xx billion in 2019 and is projected to grow at a Compound Annual Growth Rate (CAGR) of xx % during the forecast period to a net market size of USD xx billion in 2024. Electroretinography is the study of electrical impulses sent by the retina in response to light. Electroretinogram is an eye test that tries to detect the abnormalities in the functioning of retina. Retina is the innermost light sensitive layer of cells that translates images into electrical impulses for the brain to create visual perception. Retina is comprised of many layers of cells with varied functionalities and purposes that coordinate with each other to make image recognition possible. There are photoreceptor cells (rods and cones) that detect light and transmit signals to intermediary cells (Muller cells and bipolar cells) and finally the Ganglion cells transmit the impulses that are recorded by the brain as images. In this test an electrode in the form of a thin wire or a contact lens is placed on the cornea (front part) of the eye after dilating the eyes of the patient and anaesthetising him/her. This electrode will register the electrical impulses while the eyes are subjected to various image and light inputs. This will help the physicians calibrate the exact nature of the retinal defect and prescribe the appropriate course of action.

Market Drivers and Restraints:

There is a general growth in the medical and healthcare sector due to the increasing levels of around the world. Developed nations like Japan, Germany, Italy, Finland and other European countries have an increasingly older demographic. Due to this populationreason many of these nations have resorted to importing younger people from less developed nations to balance the lack of taxpayers. This simultaneous rise in population due to immigration and an increase in elderly population in these nations is expected to drive the healthcare sector and also the Electroretinography market. With the rapid industrialization and urbanization of many Asian economies a number of people have jobs that are paying much more than they did a few decades ago. This increase in income has contributed to people being able to access better healthcare facilities for themselves and their loved ones. With the one child policy of China many young Chinese families have four parents and eight grandparents to take care of.

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https://www.marketdataforecast.com/market-reports/electroretinography-market

Report segmented as

By Product Type:

Fixed
Portable

By Industry:

Clinical Use
Research Use

By Region:

Latin America
North America
Asia Pacific
Europe
Middle East and Africa

Geographical Analysis:

By Region, the market for Electroretinography can be segregated into Latin America, North America, Asia Pacific, Europe, Middle East and Africa. North America and Europe are currently the largest markets for Electroretinography, with the rising population levels and decreasing unemployment in the countries in these regions the market has a bright future. The region of Asia Pacific is anticipated to grow with the highest CAGR during the upcoming years. This can be attributed to the region’s large population and growing economy.

Important Market Players:

Some of the major players operating in the sector of Electroretinography are Konan Medical, CSO Italia, Diagnosis LLC, LKC Technologies Inc, Electro-Diagnostic Imaging Inc., Roland-consult, Diopsys Inc., Metrovision among others. Konan Medical is a Japanese company that was established after the Second World War in 1947 in Hyogo Japan. It was established by a group of camera enthusiasts and slowly expanded into specular microscopy business in 1979. It holds more than 1,600 patents and is significantly growing in the market for devices used to image and assess the corneal endothelium for clinical and donor corneas. At the moment Konan Medical has the first and only FDA cleared Non-Mydriatic, Hand-Held, Full-Field ERG Device called RETeval®.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Submitted by:Abhishek Shukla
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