Electroretinogram Market Size, 2023 by Revenue, Growth, Demand, Global Analysis During the Forecast to 2031 | US$ 1089.9 million

The global electroretinogram market size was US$ 531.8 million in 2021. The global electroretinogram market size is forecast to reach US$ 1089.9 million by 2030, growing at a compound annual growth rate (CAGR) of 8.3% during the forecast period from 2022 to 2030.

Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1600

Clinical ophthalmic diagnostic procedures called electroretinograms (ERGs) measure the retina's electrical activity in response to a light stimulus. Currents generated by retinal neurons themselves and contributions from retinal glia make up the electroretinogram. In addition, these electroretinograms are also used by ophthalmologists to determine whether a patient needs retinal surgery or other eye treatments like cataract surgery. Additionally, it's also utilized to spot those who have symptoms, including photophobia, nyctalopia, diminished visual acuity, and field defects.

Factors Influencing Market Growth

The continuous innovation and expansion in the number of ophthalmology clinics and research centers drive the global market.

Increasing prevalence of eye disorders, including diabetic retinopathy, glaucoma, retinitis pigmentosa, macular degeneration, cone-rod dystrophy, etc., contribute to the global market growth.

The growing preference for early disease diagnosis, high screen time, and the rising geriatric population fuel the global market growth.

The increased costs of these procedures and risks associated with the electroretinogram may slow down the overall market growth.

Impact Analysis of COVID-19

The COVID-19 pandemic had a minimal impact on the global market. The NCBI study found that the COVID-19 pandemic could have an impact on retinal function. The severity of the COVID-19 disease infection is inversely correlated with the diameter of the retinal veins. Diseases associated with COVID-19 might cause noticeable adjustments at the retinal level, such as altering the retinal vasculature. Additionally, after receiving the COVID-19 immunization, there were very few occurrences of retinal side effects observed. Thus, electroretinograms helped to assess the retina's condition and other relevant eye problems.

However, lockdowns and the possibility of infection during the pandemic had a negative influence on the monitoring and treatment of chronic eye conditions such as diabetic retinopathy and macular degeneration.

Regional Analysis

The Asia Pacific region garnered a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increased adoption of advanced technologies, the existence of the geriatric population, and the growing prevalence of chronic disorders, such as diabetes. In addition, the rising awareness regarding eye disorders.

North America is forecast to have considerable growth during the forecast period. As a result of the increasing geriatric population, growing prevalence of eye disorders, rising approvals & R&D investments, and preference towards adopting newer products in countries like the U.S.

Get a Sample PDF copy of the report @
https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1600

Leading Competitors

The leading prominent profiled in the global electroretinogram market are:
LKC Technologies, Inc.
Diagnosys LLC
Electro-Diagnostic Imaging, Inc.
Diopsys, Inc.
Metrovision
Roland-consul
CSO Italia
Other Prominent Players

Scope of the Report

The global electroretinogram market segmentation focuses on Type, Product, Application, and Region.

Segmentation based on Type
Full-field Flash ERG (ffERG)
Pattern ERG (PERG)
Multifocal ERG (mfERG)

Segmentation based on Product
Handheld
Tabletop

Segmentation based on Application
Clinical Diagnostic
Research

Inquire more and share questions if any before the purchase on this report at:-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1600

Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: Electroretinogram Market Size, Share, Insight, and Forecast 2022 to 2030
Meta Description: Global Electroretinogram Market is projected to reach US$ 1089.9 million by the end of 2030 from US$ 531.8 million in 2021, at a CAGR of 8.3%
Meta Keywords: electroretinogram market Size, electroretinogram market share, electroretinogram market trend, electroretinogram market Forecast, electroretinogram market insight

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1600

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/

This release was published on openPR.