Market Overview:
The global portable retinal scanners market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable retinal scanners for medical diagnosis, banking & finance, defense & security, and other applications. In addition, the growing awareness about eye health and rising prevalence of eye diseases are also contributing to the growth of this market. However, factors such as high cost and limited reimbursement policies are restraining the growth of this market. Based on type, the global portable retinal scanners market can be segmented into no mydriasis and mydriasis types. The no mydriasis type is expected to account for a larger share in this market than the mydriasis type during the forecast period owing to its advantages such as low cost and easy operability. Based on application, the global portable retinal scanners market can be segmented into medical diagnosis, banking & finance, defense & security, others applications). The medical diagnosis application is expected to account for a larger share in this market than other applications duringthe forecast period owingtoits advantages such as early detection of eye diseasesand accurate results.
Product Definition:
A Portable Retinal Scanner is a device that can be used to scan a person's retina in order to capture their unique biometric identifier. This information can then be used for identification purposes or for security authentication. The importance of Portable Retinal Scanners lies in the fact that they provide a more secure and accurate means of identifying individuals than traditional methods such as passwords or fingerprints.
No Mydriasis:
No mydriasis is a medical condition, which means eyes are not dilated or enlarged. It also does not mean that the patient cannot see at all. In this case, there is no change in the size of eyes either on external environment or internally. This term was first used by an ophthalmologist Dr.
Mydriasis:
Mydriasis is a medical condition, in which the eyes are temporarily dilated to make it easier to see. It's most commonly used in ophthalmic (eye) scanning devices such as portable retinal scanners. The increased sensitivity of these devices allows for a more detailed view of the retina and its blood vessels, hence improving diagnosis and treatment plans.
The global mydriasis market size was valued at USD 2.6 million in 2016.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The growing adoption of retinal scanners for security purposes is one of the key factors driving the portable retinal scanner market. Portable retina scanners are used by banks and financial institutions to ensure safe cash transportation and storage, which is expected to drive their demand in banking and finance applications over the forecast period.
The medical diagnosis application segment is expected to grow at a significant rate during the study period owing to its increasing use in ophthalmic settings, emergency rooms, clinics and hospitals for diagnosing diseases such as diabetes mellitus, glaucoma, cataract surgery pre-operative planning etc. Furthermore, an increase in geriatric population susceptible to eye diseases will boost product demand during forecast years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing prevalence of retinal diseases, presence of well-established healthcare facilities, and availability of advanced technologies for diagnosis. Moreover, high adoption rate of portable devices for early detection and treatment are some other factors anticipated to drive the regional market over the forecast period.
Asia Pacific is expected to grow at a lucrative rate during the same period due to rising geriatric population base with associated eye disorders coupled with growing medical tourism industry in emerging economies such as India and China. In addition, government initiatives promoting vision care are also contributing towards growth in this region. For instance; Vision 2020: A Vision To End Blindness In India initiative was taken by Indian Council Of Medical Research (ICMR) aims at eliminating avoidable blindness from India by 2020 (ref).
Growth Factors:
- Increasing demand for early diagnosis and treatment of eye-related diseases
- Rising prevalence of blindness and other vision problems
- Growing awareness about the benefits of portable retinal scanners
- Technological advancements in portable retinal scanners
- Increasing funding for research and development in the field of ophthalmology
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Retinal Scanners Market Research Report
By Type
No Mydriasis, Mydriasis
By Application
Medical Diagnosis, Banking & Finance, Defense & Security, Others
By Companies
Volk Optical, ROWIAK GmbH, KIRCHNER & WILHELM GmbH, BioEnable Technologies, HEINE Optotechnik, Welch Allyn, Fraunhofer IPMS
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Portable Retinal Scanners Market Report Segments:
The global Portable Retinal Scanners market is segmented on the basis of:
Types
No Mydriasis, Mydriasis
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
Medical Diagnosis, Banking & Finance, Defense & Security, Others
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:
- Volk Optical
- ROWIAK GmbH
- KIRCHNER & WILHELM GmbH
- BioEnable Technologies
- HEINE Optotechnik
- Welch Allyn
- Fraunhofer IPMS
Highlights of The Portable Retinal Scanners 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:
- No Mydriasis
- Mydriasis
- By Application:
- Medical Diagnosis
- Banking & Finance
- Defense & Security
- Others
- 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 Portable Retinal Scanners 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?
A portable retinal scanner is a device that can be used to take pictures of the inside of someone's eye. This information can then be used to diagnose diseases or injuries in the eye.
Some of the major companies in the portable retinal scanners market are Volk Optical, ROWIAK GmbH, KIRCHNER & WILHELM GmbH, BioEnable Technologies, HEINE Optotechnik, Welch Allyn, Fraunhofer IPMS.
The portable retinal scanners market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Retinal Scanners Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Portable Retinal Scanners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Retinal Scanners Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Portable Retinal Scanners Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Portable Retinal Scanners Market Size & Forecast, 2020-2028
4.5.1 Portable Retinal Scanners Market Size and Y-o-Y Growth
4.5.2 Portable Retinal Scanners Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 No Mydriasis
5.2.2 Mydriasis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Diagnosis
6.2.2 Banking & Finance
6.2.3 Defense & Security
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Retinal Scanners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Retinal Scanners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 No Mydriasis
9.6.2 Mydriasis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Diagnosis
9.10.2 Banking & Finance
9.10.3 Defense & Security
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 No Mydriasis
10.6.2 Mydriasis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Diagnosis
10.10.2 Banking & Finance
10.10.3 Defense & Security
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 No Mydriasis
11.6.2 Mydriasis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Diagnosis
11.10.2 Banking & Finance
11.10.3 Defense & Security
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 No Mydriasis
12.6.2 Mydriasis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Diagnosis
12.10.2 Banking & Finance
12.10.3 Defense & Security
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 No Mydriasis
13.6.2 Mydriasis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Diagnosis
13.10.2 Banking & Finance
13.10.3 Defense & Security
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Retinal Scanners Market: Competitive Dashboard
14.2 Global Portable Retinal Scanners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Volk Optical
14.3.2 ROWIAK GmbH
14.3.3 KIRCHNER & WILHELM GmbH
14.3.4 BioEnable Technologies
14.3.5 HEINE Optotechnik
14.3.6 Welch Allyn
14.3.7 Fraunhofer IPMS
