Market Overview:
The global electroretinogram (ERG) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of retinal diseases, rising geriatric population, and technological advancements in ERG devices. The global electroretinogram (ERG) market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into fixed ERG and portable ERG. The fixed ERG segment dominates the global electroretinogram (ERG) market owing to its high accuracy and reliability as compared to portable ERGs. On the basis of application, clinical use accounts for a major share of the global electroretinogram (ERG) market followed by research applications. Clinical use includes diagnosis and treatment procedures for various retinal diseases such as glaucoma, diabetic retinopathy etc., whereas research applications are used for studying new drugs or therapies for treating various retinal diseases.
Product Definition:
The electroretinogram (ERG) is a test used to measure the electrical activity of the retina. The ERG measures the response of the retina to light and can be used to detect retinal diseases such as macular degeneration and diabetic retinopathy.
Fixed ERG:
The global Fixed ERG, it's usage and growth factor in Electroretinogram market size was valued at USD 0.00 in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing prevalence of diabetes-associated retinopathy globally is one of the key factors driving this market growth.
Portable ERG:
The Portable ERG is a device that measures the light response of the eye and is used in Electroretinogram (ERG). It helps to diagnose various retinal diseases such as macular degeneration, diabetic retinopathy, and other eye disorders. The major function of the retina is to receive visual signals from the cornea and then transmit them to the brain along with appropriate emotional responses.
Application Insights:
Based on the application, the global electroretinogram market is segmented into clinical use and research. Clinical use of ERG is majorly observed in ophthalmic clinics for diagnosing retinal diseases. On the other hand, research applications are more focused towards developing new diagnostic techniques or ways to improve current ones that have been used since decades.
ERG has several advantages over other methods such as fundus photography which includes less invasive procedure and faster response time with high accuracy in diagnosis of retinal diseases. Moreover, it also helps detect amblyopia (lazy eye) when compared to traditional methods such as Humphrey Visual Acuity Test (HVAT). Therefore, increasing number of researchers working towards improving this technique will further boost product demand over next few years.
However, portable ERG still faces some limitations due to its bulkiness.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of a large number of manufacturers and research institutes involved in ongoing clinical trials. In addition, growing prevalence of retinal diseases is expected to drive regional growth over the forecast period. For instance, as per statistics provided by National Eye Institute (NIH), around 2 million people suffer from AMD in Europe while approximately 85,000 patients are diagnosed with it every year. This is likely to boost demand for electroretinogram devices during the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period due to increasing geriatric population and rising incidences of eye disorders such as diabetic retinopathy and glaucoma that are associated with aging process. Moreover, an increase in disposable income levels coupled with growing awareness about early diagnosis will also support regional market growth during the estimated time span from 2018-2030 spanning into years).
Growth Factors:
- Increasing prevalence of retinal diseases: The global Electroretinogram (ERG) market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing prevalence of retinal diseases such as age-related macular degeneration (AMD), diabetic retinopathy, and glaucoma.
- Growing demand for early diagnosis and treatment: The growing demand for early diagnosis and treatment is another key factor driving the growth of the ERG market. This is because timely diagnosis and treatment can help prevent vision loss in patients suffering from various retinal diseases.
- Technological advancements in ERG devices: The technological advancements in ERG devices are also propelling the growth of this market, as these devices are becoming more sophisticated with each passing day. This has resulted in an increase in their adoption by ophthalmologists worldwide for diagnosing various eye disorders accurately and quickly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electroretinogram Market Research Report
By Type
Fixed ERG, Portable ERG
By Application
Clinical Use, For Research
By Companies
LKC Technologies, Inc, Diagnosys LLC, Electro-Diagnostic Imaging, Inc., Diopsys, Inc.,, Metrovision, Roland-consult, CSO Italia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electroretinogram Market Report Segments:
The global Electroretinogram market is segmented on the basis of:
Types
Fixed ERG, Portable ERG
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinical Use, For Research
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LKC Technologies, Inc
- Diagnosys LLC
- Electro-Diagnostic Imaging, Inc.
- Diopsys, Inc.,
- Metrovision
- Roland-consult
- CSO Italia
Highlights of The Electroretinogram Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed ERG
- Portable ERG
- By Application:
- Clinical Use
- For Research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electroretinogram Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electroretinogram (ERG) is a graph of the electrical activity of the retina. The graph shows how much light is being absorbed by the retina and how much light is being transmitted through the eye.
Some of the major companies in the electroretinogram market are LKC Technologies, Inc, Diagnosys LLC, Electro-Diagnostic Imaging, Inc., Diopsys, Inc.,, Metrovision, Roland-consult, CSO Italia.
The electroretinogram market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electroretinogram Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electroretinogram Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electroretinogram Market - Supply Chain
4.5. Global Electroretinogram Market Forecast
4.5.1. Electroretinogram Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electroretinogram Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electroretinogram Market Absolute $ Opportunity
5. Global Electroretinogram Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electroretinogram Market Size and Volume Forecast by Type
5.3.1. Fixed ERG
5.3.2. Portable ERG
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electroretinogram Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electroretinogram Market Size and Volume Forecast by Application
6.3.1. Clinical Use
6.3.2. For Research
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electroretinogram Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electroretinogram Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electroretinogram Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electroretinogram Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electroretinogram Demand Share Forecast, 2019-2026
9. North America Electroretinogram Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electroretinogram Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electroretinogram Market Size and Volume Forecast by Application
9.4.1. Clinical Use
9.4.2. For Research
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electroretinogram Market Size and Volume Forecast by Type
9.7.1. Fixed ERG
9.7.2. Portable ERG
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electroretinogram Demand Share Forecast, 2019-2026
10. Latin America Electroretinogram Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electroretinogram Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electroretinogram Market Size and Volume Forecast by Application
10.4.1. Clinical Use
10.4.2. For Research
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electroretinogram Market Size and Volume Forecast by Type
10.7.1. Fixed ERG
10.7.2. Portable ERG
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electroretinogram Demand Share Forecast, 2019-2026
11. Europe Electroretinogram Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electroretinogram Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electroretinogram Market Size and Volume Forecast by Application
11.4.1. Clinical Use
11.4.2. For Research
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electroretinogram Market Size and Volume Forecast by Type
11.7.1. Fixed ERG
11.7.2. Portable ERG
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Cuntry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electroretinogram Demand Share, 2019-2026
12. Asia Pacific Electroretinogram Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electroretinogram Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electroretinogram Market Size and Volume Forecast by Application
12.4.1. Clinical Use
12.4.2. For Research
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electroretinogram Market Size and Volume Forecast by Type
12.7.1. Fixed ERG
12.7.2. Portable ERG
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electroretinogram Demand Share, 2019-2026
13. Middle East & Africa Electroretinogram Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electroretinogram Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electroretinogram Market Size and Volume Forecast by Application
13.4.1. Clinical Use
13.4.2. For Research
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electroretinogram Market Size and Volume Forecast by Type
13.7.1. Fixed ERG
13.7.2. Portable ERG
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electroretinogram Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electroretinogram Market: Market Share Analysis
14.2. Electroretinogram Distributors and Customers
14.3. Electroretinogram Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LKC Technologies, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Diagnosys LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Electro-Diagnostic Imaging, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diopsys, Inc.,
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Metrovision
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Roland-consult
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CSO Italia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
