Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What is the Anticipated CAGR of the Newborn Eye Imaging Systems Market, and What Factors Will Drive It?

In recent years, the market for newborn eye imaging systems has seen robust growth. The market size is projected to increase from $2.08 billion in 2024 to $2.21 billion in 2025, representing a compound annual growth rate (CAGR) of 6.2%. Several factors have contributed to this growth during the historic period, including increased access to and awareness of healthcare services, initiatives for early disease detection, advancements in neonatal healthcare, clinical research and studies, and the existence of regulatory frameworks and guidelines.

The market size for newborn eye imaging systems is predicted to witness substantial expansion in the forthcoming years. The market is projected to reach a value of $2.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.7%. Factors attributing to the growth during the forecasted period include a rising incidence of premature births, emphasis on early intervention, the adoption of telemedicine and remote consultations, investments in research and development as well as better public knowledge and education. Key trends during the estimation period consist of collaborations and partnerships, ongoing research and clinical trials, customization of imaging and treatment approaches, improved connectivity for data exchange, and the leveraging of remote monitoring and telemedicine.

Which Factors Are Enhancing the Growth of the newborn eye imaging systems Market?

The escalating incidence of infants with eye issues is predicted to stimulate the expansion of the newborn eye imaging systems market. This refers to any form of vision impairment, including complete blindness, partial sight loss or common eye defects. Eye abnormalities in newborns can be hereditary, largely resultant from genetic irregularities or intrauterine injuries, or they can develop after birth. Notably, ocular irregularities in children can be prompted by maternal diabetes, as well as cocaine use, which is associated with both superficial and profound hemorrhages and circulatory disruption in an infant’s retina. This elevates the demand for newborn eye disease diagnoses and treatments, thus increasing the need for newborn eye imaging systems. For instance, data from the International Agency for the Prevention of Blindness (IAPB) in April 2022 pointed out that 448 million children and teenagers aged zero to 19 experienced refractive errors. Additionally, 90 million children and teenagers had a degree of vision impairment –2 million were blind, 30 million exhibited moderate-to-severe impairment, and 58 million mild impairment. Hence, the escalating occurrence of eye issues in infants is accelerating the expansion of the newborn eye imaging systems market.

Explore Comprehensive Insights Into The Global Newborn Eye Imaging Systems Market With A Free Sample Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=9933&type=smp

Who Are the Top Companies Contributing to the Growth of the Newborn Eye Imaging Systems Market?

Major companies operating in the newborn eye imaging systems market include:

• Natus Medical Incorporated_x000D_

• RetCam_x000D_

• Welch Allyn_x000D_

• Spectra Lab_x000D_

• EYE-PACS_x000D_

How Are Technological Trends Affecting the Growth and Development of the Newborn Eye Imaging Systems Market?

Key technological innovations are becoming a key trend in the newborn eye imaging systems market. Large corporations in this market are striving to create more technologically advanced systems to hold their market position. To illustrate, NeoLight Newborn Care, an American medical device company focused on newborns, announced in December 2022 that their software, the retinopathy of prematurity progression (ROP) Check, is now available. This software is used in digital care coordination for pediatric retinal screenings, helping to identify and follow retinopathy of prematurity progression (ROP). The ROP Check system ensures that all qualifying neonatal intensive care unit (NICU) babies receive timely eye exams in line with set guidelines. Moreover, it shares exam results and schedules across inpatient and outpatient procedures. ROP Check uniquely and effortlessly manages various stakeholders, including patients or parents, NICUs, NICU ROP coordinators, in-house or consulting ophthalmology specialists, billing experts, discharge supervisors, and post-discharge outpatient doctors.

Secure Your Global Newborn Eye Imaging Systems Market Report Now for Fast and Efficient Delivery!

https://www.thebusinessresearchcompany.com/report/newborn-eye-imaging-systems-global-market-report

Which Growth-Oriented Segments of the Newborn Eye Imaging Systems Market Are Leading the Industry’s Development?

The newborn eye imaging systems market covered in this report is segmented –

1) By Disease Type: Retinopathy Of Prematurity (ROP), Retinal Disease, Strabismus, Refractive Error, Color Blindness, Other Disease Types

2) By Device Type: Basic Device, Wireless Device

3) By End User: Hospitals, Ophthalmology Diagnosis Centers, Ambulatory Surgical Centers, Other End Users

Subsegments:

1) By Retinopathy Of Prematurity (ROP): Screening And Diagnosis, Treatment Monitoring

2) By Retinal Disease: Retinal Detachment, Diabetic Retinopathy

3) By Strabismus: Diagnostic Imaging, Treatment Assessment

4) By Refractive Error: Myopia, Hyperopia, Astigmatism

5) By Color Blindness: Diagnostic Testing, Screening Tools

6) By Other Disease Types: Congenital Eye Disorders, Ocular Infections

What Are the Key Regions Powering Growth in the Newborn Eye Imaging Systems Market?

North America was the largest region in the newborn eye imaging systems market in 2024. The regions covered in the newborn eye imaging systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Newborn Eye Imaging Systems Market Defined Across Different Regions?

Newborn eye imaging systems refers to medical systems that aid to detect congenital ocular defects as soon as possible after birth of babies and help prevent long-term vision loss in a variety of disorders. The new-born eye imaging systems are used for various tests such as the external eye examination, red reflex test, and fundus imaging using a wide-field digital retinal imaging system by an experienced ophthalmologist.

Browse Through More Similar Reports By The Business Research Company:

Ship Repairing Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/ship-repairing-global-market-report

Battle Force Ships Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/battle-force-ships-global-market-report

Warship And Naval Vessels Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/warship-and-naval-vessels-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: