The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s newborn eye imaging systems market report forecasts the newborn eye imaging systems market size to grow to $2.58 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

Learn More On The Newborn Eye Imaging Systems Market Report 2023 – https://www.thebusinessresearchcompany.com/report/newborn-eye-imaging-systems-global-market-report

Newborn Eye Imaging Systems Market Size Forecast
The global newborn eye imaging systems market is expected to grow from $1.86 billion in 2022 to $1.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global newborn eye imaging systems market size is expected to reach $2.58 billion in 2027 at a CAGR of 6.7%.

North America held the largest newborn eye imaging systems market share.

Key Newborn Eye Imaging Systems Market Driver ­– Rapidly Rise In Number Of Babies
According to the International Agency for the Prevention of Blindness (IAPB), a US-based international partnership seeking to promote eye health, 448 million children and teenagers aged 0 to 19 had refractive defects in April 2022. In 2020, there will be 109.3 million people with vision-impairing hyperopia and 339.4 million people with myopia less than 0.75D (diopters). 90 million children and teens had some degree of vision impairment, with 2 million blind, 30 million moderate-to-severely impaired, and 58 million mildly impaired. As a result, the rapidly increasing number of babies with eye disorders is propelling the growth of the newborn eye imaging systems market.

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Key Newborn Eye Imaging Systems Market Trend – Technological Advancement
To maintain their market position, major companies in the newborn eye imaging systems market are focusing on producing technologically sophisticated systems. For example, NeoLight Newborn Care, a medical device company based in the United States, announced the availability of retinopathy of prematurity progression (ROP) Check in December 2022, a software used in digital care coordination for paediatric retinal screening to identify and track retinopathy of prematurity progression (ROP). The ROP Check system ensures that all eligible infants in the neonatal intensive care unit (NICU) undergo eye exams at the proper time and in line with specified standards, and that all inpatient and outpatient practises use the same examinations and schedule. ROP Check provides the unique and seamless capability of managing patients or parents, NICUs, NICU ROP coordinators, in-house or visiting ophthalmic specialists, billing specialists, discharge leaders, and post-discharge out-patient physicians cross-functionally.

Newborn Eye Imaging Systems Market Segment
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

Newborn Eye Imaging Systems Market Major Players and Strategies
Major players in the newborn eye imaging systems market are D-EYE SRL, International Business Machines Corporation (IBM), Servicom Medical (Singapore) Pte. Ltd., Imagine Eyes, Visunex Medical Systems, Remidio Innovative Solutions Pvt. Ltd., Allied Vision Technologies GmbH, Leica Microsystems GmbH, Canon Medical Systems Corporation, Intelligent Retinal Imaging Systems, Carl Zeiss Meditec AG, Nikon Corporation, Kowa American Corporation, Topcon Europe Medical B.V., Next Sight, Veatch Ophthalmic Instruments, Boston Micromachines Corporation, Thales Group, Eye Photo Systems Inc., and Merge Healthcare Inc.

ArchiMed, a French investment firm, paid $1.2 billion for Natus Medical in July 2022. As part of ArchiMed, the acquisition enables Natus to raise the standard of treatment and improve outcomes and quality of life for patients suffering from illnesses of the brain, neural pathways, and eight sensory nerve systems. Natus Medical is a company established in the United States that provides solutions to screen, diagnose, and treat illnesses affecting the brain, neural networks, and the eight sensory nerve systems, as well as newborn eye imaging systems.

The Newborn Eye Imaging Systems Global Market Report 2023 covers regional data on newborn eye imaging systems market size, newborn eye imaging systems market trends and drivers, opportunities, strategies, and newborn eye imaging systems market competitor analysis. The countries covered in the newborn eye imaging systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Newborn eye imaging systems are medical technologies that aid in the detection of congenital ocular problems in neonates as soon as possible after delivery and aid in the prevention of long-term vision loss in a range of illnesses. A wide-field digital retinal imaging system is utilised by an experienced ophthalmologist for numerous procedures such as the external eye examination, red reflex test, and fundus imaging.

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