NEWBORN EYE IMAGING SYSTEMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Regional Analysis

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North America has established itself as the dominant region in the newborn eye imaging systems market with an estimated market share of 41.2 % in 2024. With strong healthcare infrastructure and high awareness about infant care in countries like U.S. and Canada, there has been huge adoption of newborn eye imaging systems in the region. Most of the leading players in newborn eye imaging systems have their headquarters in North America, allowing for strong industry presence and local manufacturing capabilities. Many regional hospitals and clinics have incorporated newborn eye screening as a standard practice.

Stringent newborn health policies and guidelines mandated by government bodies further drives the market growth. North America accounts for the largest share of research and development expenditures in newborn eye imaging technology. Continuous technological advancements introduce new imaging modalities with improved accuracy and workflow.

Asia Pacific has emerged as the fastest growing regional market for newborn eye imaging systems. Countries like China, India and Japan are focusing on preventative healthcare management. Rising healthcare expenditures and expanding medical insurance coverage in Asia has boosted demand for newborn eye screenings. Growing neonatal intensive care units and establishment of specialty children's hospitals also drives the market growth.