Diabetic Eye Testing Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2026

The study of the "Diabetic Eye Testing Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2026" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.

The objectives of this study are as follows:

• To define, describe, and forecast the " Diabetic Eye Testing " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Diabetic eye disease comprises a group of eye-related problems that affect people with diabetes. Eye examination provides the effective clue for detecting diabetic eye disease and other disorders. Diabetic eye disease can cause permanent vision loss including blindness and low vision. Diabetic eye diseases cause major loss of vision means people can’t see well enough to easily complete everyday tasks. Diabetic eye disease may affect the retina, lens, vitreous gel and optic nerve. Majorly diabetic eye disease includes cataracts, glaucoma, diabetic retinopathy and diabetic macular edema. Diabetic retinopathy is the most common cause of vision loss among people with diabetes and a leading cause of blindness among working-age adults. Effect of diabetic eye diseases such as loss of vision and blindness creates demand for early detection of diabetic eye disease. Diabetic eye testing and timely treatment can protect against vision loss. According to National Eye Institute (NEI), around 7.7 million people age 40 and above have diabetic retinopathy and the total number of people with diabetes is projected to rise from 285 million in 2010 to 439 million in 2030. Increasing number of diabetic patients worldwide will lead to increasing demand for diabetic eye testing.

The global diabetic eye testing market is expected to witness a favorable growth during the forecast period due to increasing incidence of diabetic eye diseases. According to Centers for Disease control and prevent (CDC), diabetic retinopathy is responsible for 1.8 million of the 37 million cases of blindness around the world. Growing adoption of inactive lifestyle with unhealthy diet has escalated the number of people suffering from diabetes and obesity. Introduction of telemedicine imaging technological products will propel the growth of diabetic eye testing market. These telemedicine technology-based products can capture high-quality retinal scans and digitally share those images with eye care specialist. Innovative retinal imaging scanner is gaining popularity among clinicians as an effective testing of diabetic eye disorders which will boost the growth of diabetic eye testing market. Government associations take initiatives towards creating awareness about diabetic eye disease such as blindness and diabetic retinopathy will fuel the diabetic eye testing market growth. Domestic government undertakes several efforts to reduce disease prevalence by conducting programs such as diabetic eye screening programs will propel diabetic eye testing market growth. Increasing demand for innovative testing devices, technological advancements and growing research and developing effort for developing more affordable and efficient testing devices will drive diabetic eye testing market during the forecast period. The global diabetic eye testing market is segmented on basis of product type, test type and end user:

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• Segmentation by Product Type
◦ Retina and Glaucoma Examination Products
▪ OCT Scanners
▪ Fundus Camera
▪ Visual Field Analyzers
▪ Ophthalmoscopes
▪ Retinoscopes
◦ General Examination Products
▪ Ophthalmic Ultrasound Systems
▪ Tonometers
▪ Slit lamps
▪ Lensmeter
▪ Chart Projectors
◦ Cornea and Cataract Examination Products
▪ Wavefront Aberrometres
▪ Corneal Topography Systems
▪ Specular Microscopy
▪ Optical Biometry Systems
• Segmentation by Test Type
◦ Visual acuity testing
◦ Tonometry
◦ Pupil dilation
◦ Fluorescein angiography
◦ Optical Coherence Tomography (OCT)
• Segmentation by End User
◦ Hospital
◦ Eye Clinics
◦ Others

Sales of visual acuity testing, tonometry, pupil dilation, fluorescein angiography and optical coherence tomography test based products are increasing due demand for diabetic eye testing. Tonometry measures pressure inside the eyes. Pupil dilation allowing a physician to examine the retina and optic nerve. Optical coherence tomography is the technique which uses light waves instead of sound waves to capture the image of tissue inside the body. OCT provides detail image of eye tissues that can be penetrated by light.
Regionally, the global diabetic eye testing market is segmented into six key regions viz. North America, Latin America, Europe, Asia Pacific excluding China, China, and Middle East & Africa. North America is expected to lead the global market due to high adoption of advanced products. According to centers for disease control and prevention, diabetes (type 1 and type 2) affects more than 29 million people in the United States. Europe also shows second highest witness growth in diabetic eye testing market. However, the diabetic eye testing market in the Asia-Pacific region is expected to witness significant growth rate during the forecast period.

Some of the players operating in the global diabetic eye testing market are Carl Zeiss AG, Haag-Streit Holding, Topcon Corporation, NIDEK Co., Ltd, Novarand, Heidelberg Engineering, Inc., Escalon Medical Corp., Novartis International AG, Valeant Pharmaceuticals International, Inc., Canon Inc., Essilor Group, HEINE Optotechnik GmbH & Co. KG and Luneau Technology Group and others.
The report covers exhaustive analysis on:
• Diabetic Eye Testing Market Segments
• Diabetic Eye Testing Market Dynamics
• Historical Actual Market Size, 2013 - 2017
• Diabetic Eye Testing Market Size & Forecast 2018 to 2026
• Diabetic Eye Testing Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Diabetic Eye Testing Market Drivers and Restraints
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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