Asia-pacific Retinal Imaging Devices Market Forecast 2023-2032

Asia-pacific Retinal Imaging Devices Market Forecast 2023-2032

KEY FINDINGS

The Asia-Pacific retinal imaging devices market is set to project a CAGR of 6.56% during the forecast period, 2023-2032. The demographic composition of the region is undergoing a transformation, with a growing emphasis on an aging population. As the prevalence of age-related eye conditions such as macular degeneration and diabetic retinopathy continues to rise, there is an increasing demand for advanced retinal imaging technologies to facilitate early detection and effective management.

MARKET INSIGHTS

South Korea, Japan, Australia & New Zealand, Thailand, Indonesia, India, China, Vietnam, and Rest of Asia-Pacific are evaluated for the Asia-Pacific retinal imaging devices market growth analysis. Glaucoma stands as the predominant cause of adult blindness within Japan's current healthcare landscape. Notably, findings from the Tajimi Study, a comprehensive population-based research initiative in Japan, reveal a significant statistic: one out of every twenty adults aged 40 and above will develop glaucoma. Given the established correlation between advancing age and the heightened risk of glaucoma, Japan's aging population anticipates a surge in individuals affected by this condition. Furthermore, the Tajimi study underscores a sobering fact - more than 90% of the glaucoma cases identified during the study had gone undiagnosed or untreated at the time of the investigation. One plausible explanation for this diagnostic delay lies in the absence of discernible symptoms during the early stages of glaucoma.

In response to this pressing issue, the ""Light up in GREEN"" initiative, spearheaded by the Japan Glaucoma Society, has been launched with the specific objective of illuminating both public and private healthcare facilities in a vibrant shade of green during World Glaucoma Week. This campaign endeavors to bolster awareness about glaucoma and, crucially, to prompt individuals with latent symptoms to seek medical attention promptly.

COMPETITIVE INSIGHTS

Some of the eminent companies in the market are Kowa Company Ltd, TOPCON CORPORATION, NIDEK CO LTD, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments