Global Electroretinography Market size 2019- Industry Analysis Forecast 2023

Westford, United States, July 22,2019- A key factor driving the growth of the market is the growing aging population and the prevalence of eye diseases. Eye disease is a visual impairment condition that occurs due to deviation from the normal structure and function of the eye. Aging is one of the factors for eye diseases. Among various eye diseases, the high prevalence of AMD, glaucoma, cataract, and diabetic retinopathy causes visual impairment globally. Therefore, for such stages diagnosis at the initial stage is essential and ERG is used to access the status of the retina by measuring the electric response to photic stimulation. Thus, the growing aging population and the prevalence of eye diseases will drive the demand for global electroretinograph market during the forecast period.

As per Technavio, the growing popularity of mfERG will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global electroretinograph market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global electroretinograph market: Growing popularity of mfERG

Traditionally available full-field and single-point ERGs are insensitive and are limited to record only a part of the retina. In addition, these devices do not provide topographical information or assessment of non-foveal lesions. Therefore, mfERG is increasingly being used to record ERG responses simultaneously from many regions of the retina. They are used in cases where fundus appears to be normal, and it is difficult to distinguish between diseases of the ganglion cells and outer retina. mfERG is also used in the diagnosis of unknown visual loss, distinguish between the optic nerve and retinal disease, and to determine the hydroxychloroquine toxicity. For instance, Diopsys mfERG by Diopsys is used to diagnose the first signs of drug-induced retinopathy and retinal toxicities. Thus, due to such advantages of mfERG, the global electroretinograph market is expected to showcase a positive outlook during the forecast period.

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Five Forces Analysis

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Vendors covered

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