Electroretinography Market to Attain Valuation of US$ 62.72 million at a CAGR of 6.7% by 2027

The Electroretinography market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, seg ment, and company are documented as well.

The Electroretinography market was valued at US$ 35.79 million in 2018 and it is projected to reach US$ 62.72 million in 2027; it is expected to grow at a CAGR of 6.7% from 2019 to 2027.

Electroretinography (ERG) is a diagnostic test used to measure the electrical response of the light sensitive cells such as the cones and the rods present in the eyes. ERG is used for detecting eye disorders such as, retinitis pigmentosa, macular degeneration, retinoblastoma, glaucoma as well as diabetic retinopathy. Compared to the other methods of eye examination, ERG offers better results as well as causes less discomfort to the patients, hence is preferred widely for the diagnosis as well as treatment of various eye disorders. The growth of the global electroretinography market is attributed to the rising prevalence of glaucoma among individuals, increasing cases of eye disorders in developed economies and growing geriatric population worldwide.

List of Companies operating in this report are:
• LKC Technologies, Inc
• Diagnosys LLC
• Electro-Diagnostic Imaging, Inc.
• Diopsys, Inc.
• Roland Consult Stasche & Finger GmbH
• Metrovision
• Costruzione Strumenti Oftalmici
• Konan Medical USA, Inc.
• Welch Allyn

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Furthermore, the market is segmented based on type, application, and region in order to study it exhaustively and provide the data in a systematic manner. Speaking of competitive landscape, the study includes a list of leading companies along with their product and service offerings, strategic decisions, SWOT analysis, latest developments, market share captured, growth rate, and valuation. The challenges faced by these companies are
analyzed and solutions for them are given as well.

Global Electroretinography Market - by Product
• Fixed Electroretinography
• Portable Electroretinography
Global Electroretinography Market - by Application
• Clinical
• Research

Rising Prevalence of Glaucoma Among Individuals to Drive Global Electroretinography Market Growth:
Glaucoma is a disease that damages the eye's optic nerve. The condition occurs when a layer of fluid fills up on the outer side of the eye, creating a pressure and hence leading to damage to optic nerves. Glaucoma often leads to vision loss, eventually causing blindness. The World Health Organization estimates that 4.5 million people worldwide are blind due to glaucoma. In the United States, around 120,000 are blind from glaucoma, accounting for 9% to 12% of all cases of blindness. The population mostly susceptible to vision loss due to glaucoma includes the population aged above 60 years. However, if it is detected and treated at an early stage, one can avoid vision loss. The worldwide age- standardised prevalence of glaucoma in the population aged 40 years and above is estimated to be around 3•5%.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Electroretinography market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Electroretinography market.

Essential points covered in Electroretinography market report are:-
1 What will the market size and the growth rate be in 2027?
2 What are the key growth stimulants of Electroretinography market?
3 What are the key market trends impacting Electroretinography market valuation?
4 What are the challenges to market proliferation?
5 Who are the key vendors in the Electroretinography market?
6 Which are the leading companies contributing to Electroretinography market valuation?
7 What was the market share held by each region in 2027?
8 What is the estimated growth rate and valuation of Electroretinography market in 2027?

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