Regional Analysis
Global Electroretinogram Market Regional Insights:
- North America has dominated the global electroretinogram market for many years due to strong regional demand and advanced healthcare infrastructure in countries like the U.S. The presence of leading manufacturers and research centers in the region driving innovations has kept North America at the forefront of the market. Major eye hospitals and diagnostic centers in the U.S. perform a large volume of eye tests every year by using electroretinogram, which has solidified the region's position as the largest market worldwide.
- Asia Pacific is emerging as the fastest growing regional market for electroretinogram. Countries like China and India have a huge patient population suffering from eye diseases. With increasing awareness about early detection and diagnosis of retinal problems, the demand for electroretinogram is surging in Asia. Availability of latest equipment at affordable prices and presence of major international suppliers are supporting the market growth. Local manufacturers in China have significantly expanded their production capabilities in recent times while adhering to international quality standards. This has made China an important exporter of electroretinogram devices to other Asian markets as well as parts of Europe and Africa. Besides selling locally at competitive prices, Chinese companies have strengthened their position in global supply chain. India has witnessed a massive rise in the number of eye care centers and ophthalmologists adopting electroretinogram for diagnostic tests. Growing adoption rate coupled with the government’s focus on universal healthcare is anticipated to further increase the electroretinogram capacity in India. The Indian market remains an attractive destination for multinational players to establish local manufacturing plants and expand regional sales network.
Figure 1. Global Electroretinogram Market Share (%), By Region, 2024
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, and Rest of Middle East
- Africa: South Africa, North Africa, and Central Africa
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