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

Global newborn eye imaging systems market is expected to witness growth over the forecast period due to rising prevalence of eye disorders among newborns. Eye imaging systems help identify various eye defects in infants at an early stage to facilitate timely treatment interventions. Growing awareness about vision screening of newborns and favorable government policies regarding newborn eye care can boost demand for newborn eye imaging systems globally. Advancements in imaging technologies allow high-resolution screening of infant eyes and detection of conditions that were previously difficult to identify without specialized equipment. Due to emergence of novel imaging modalities and continued technological upgrades, global newborn eye imaging systems market can witness growth in the near future.

Market Dynamics:

Global newborn eye imaging systems market growth is driven by rising incidence of retinopathy of prematurity (ROP) and other eye disorders in infants. According to credible estimates, nearly 5-10% of premature babies suffer from some degree of ROP globally each year. Increasing survival rates of premature infants owing to improved neonatal care has concurrently raised the prevalence of ROP. Favorable government initiatives aimed at newborn vision screening and policies mandating eye examinations boosts adoption of these systems among healthcare facilities. However, high costs involved, particularly for healthcare providers in low-and-middle-income countries, can hamper the market growth. Moreover, lack of awareness regarding timely screening and non-availability of trained personnel for operating specialized imaging devices can also hamper the market growth. Ongoing technological ameliorations to develop more portable and affordable systems can provide new market growth opportunities.

Key Features of the Study:

• This report provides in-depth analysis of the global newborn eye imaging systems market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global newborn eye imaging systems market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Visunex Medical Systems, EyePhysics, EyePhoto, Natus Medical Incorporated
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global newborn eye imaging systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global newborn eye imaging systems market

 Detailed Segmentation-

• By Disease Type
  
  • Retinopathy of prematurity
  • Ocular development
  • Refractive state
  • Strabismus
  • Visual functions
  • Visual acuity
  • Visual fields
  • Colour vision
• By Device Type
  
  • Basic Device
  • Wireless Device
• By End User 
  
  • Hospital
  • Ophthalmology Diagnosis Centre
  • Ambulatory Surgical Centre
  • Other
•  By Region:        
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • System Vision SA
  • Sanofi-Aventis LLC.
  • Allied Vision Technologies GmbH
  • Leica Microsystems
  • Canon Medical Systems, USA.
  • Carl Zeiss Meditec AG
  • Intelligent Retinal Imaging Systems
  • Nikon Corporation
  • Kowa American Corporation
  • Topcon Europe Medical BV
  • NextSight, Veatch Ophthalmic Instruments
  • Boston Micromachines Corporation
  • Thales Group
  • Imagine Eyes
  • SERVICOM MEDICAL (SINGAPORE) PTE LTD.
  • Visunex Medical Systems, Inc.
  • IBM
  • Remidio Innovative Solutions