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Widefield Imaging Systems Market: Japan Regional Market Projected to Witness 2.1X Growth in Terms of Revenue over the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016–2026

Widefield Imaging Systems Market: Japan Regional Market Projected to Witness 2.1X Growth in Terms of Revenue over the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016–2026

There is a huge opportunity in the global widefield imaging systems market owing to increasing cases of visual impairment and rising prevalence of diabetes causing diabetic retinopathy

Global widefield imaging systems market revenue is expected to register a CAGR of 8.0% over the assessment period (2016–2026). The global widefield imaging systems market was valued at more than US$ 380 Mn in 2016. The market is projected to be valued at more than US$ 510 Mn in 2020 and will rise to nearly US$ 850 Mn in the year 2026.

North America Widefield Imaging Systems Market Analysis, 2016 – 2026

In 2012, around 75% of adults in the U.S. opted for some form of vision correction treatment

The U.S was expected to account for 90.5% market share of the North America widefield imaging systems market by 2016 end and is likely to experience a decline of 60 BPS in its market share by 2026 over 2016. The U.S widefield imaging systems market is expected to register moderate Y-o-Y growth throughout the forecast period. The U.S. widefield imaging systems market is estimated to account for the highest market share with a value of nearly US$ 150 Mn in 2016 and is projected to remain dominant during the forecast period.

Canada is expected to register higher Y-o-Y growth as compared to the U.S market throughout the forecast period. Revenue contribution of the Canada market to the North America widefield imaging systems market is expected to exhibit a CAGR of 8.8% over the forecast period.

The U.S. widefield imaging systems market is the most lucrative market in North America owing to increasing number of FDA approvals for widefield imaging systems

The U.S. widefield imaging systems market is estimated to create absolute $ opportunity of nearly US$ 15 Mn in 2017 over 2016

Revenue from the U.S. market is projected to register a CAGR of 8.1% from 2016 to 2026 to reach more than US$ 300 Mn by 2026

The Canada widefield imaging systems market is estimated to create absolute $ opportunity of US$ 1.3 Mn in 2017 over 2016

Revenue from the Canada market is projected to expand at a CAGR of 8.8% from 2016 to 2026 to reach nearly US$ 40 Mn by 2026

North America Widefield Imaging Systems Market Attractiveness Analysis, 2016 – 2026

Rise in incidence of chorioretinal disease is expected to drive demand for widefield imaging systems during the forecast period

The U.S. market dominated the North America widefield imaging systems market in revenue terms in 2015 and is projected to continue to do so throughout the forecast period. The U.S. widefield imaging systems market is the most attractive regional market in the North America widefield imaging systems market with an attractiveness index of 1.8 during the forecast period. The diabetic retinopathy segment dominated the North America widefield imaging systems market in revenue terms in 2015 and is projected to continue to do so throughout the forecast period.

Specialty clinics end user segment is expected to emerge as the most lucrative segment owing to increasing number of specialty clinics during the forecast period

The hospitals segment dominated the North America widefield imaging systems market in revenue terms in 2015 and is projected to continue to do so throughout the forecast period. The standalone segment is the most attractive modality segment in the North America widefield imaging systems market, recording an attractiveness index of 1.0 during the forecast period.

North America Widefield Imaging Systems Market – Trends

Tracking changing customer preferences in real time and addressing the same could help in generation of higher sales

Increased preference for outright owning of devices over leasing is fuelling the installed base in North America, especially the U.S. For example, companies have noted that the installed base of new products witnessed a sales volume growth of up to 15% per year in the last two fiscals

There has also been significant traction in the number of customers possessing financial leases for devices; but this is only applicable for devices with RTO (rent-to-own) option

Changing customer preferences indicate a favourable capital-based market for these devices in North America over the forecast period

Increase in the number of corporate account renewals and new corporate accounts are fuelling the sales volume and revenue growth from the devices in the U.S.

Contributing factors include price erosion of existing devices and attraction towards availing device up gradation free of cost with a renewal of contract

Increasing distributor base is another factor expected to contribute significantly towards revenue growth in the near future

Analyst Viewpoint

California technology offered by Optos plc. is the future of the global widefield imaging systems market

Optos Plc. is a renowned provider of retinal imaging devices for ultra-widefield, high resolution digital images. The company started operating in the global widefield imaging systems market in 2000 with the launch of P200 in the U.S. and U.K. Subsequently in 2004, the company expanded the availability of widefield imaging products in Germany, Austria, Switzerland, France, Spain, Norway, Sweden, Korea, China and Australia. The company’s most advanced imaging devices for disease management and treatment support ophthalmologists and retinal specialists in the medical care market. The latest products of the company viz. Daytona and California represent the newest generation of the company’s ultra-wide field imaging technology. California is the most advanced technology offered by the company offering Indocyanine Green angiography while retaining all other features of 200Tx.


1.Executive Summary
2.Market Introduction
2.1.Market Definition
2.2.Market Taxonomy
3.Widefield Imaging Market Analysis Scenario
3.1.Market Volume Analysis
3.1.1.Installed Base By Region
3.1.2.Replacement Rate and Lifecycle Analysis
3.2.Pricing Analysis
3.2.1.Pricing Assumptions
3.2.2.Price Projections Per Region
3.3.Market Overview
3.3.1.Value Chain
4.Widefield Imaging Market Dynamics
4.1.Macro-economic Factors
4.2.Drivers
4.2.1.Supply Side
4.2.2.Demand Side
4.3.Restraints
4.4.Opportunity
4.5.Forecast Factors – Relevance and Impact
4.6.Price Trend Analysis
5.Global Widefield Imaging Market Analysis and Forecast, By Component
5.1.Introduction
5.1.1.Basis Point Share (BPS) Analysis By Usability
5.1.2.Y-o-Y Growth Projections By Usability
5.2.Market Size (US$ Mn) Forecast By Component
5.2.1.Instrument
5.2.2.Software
5.2.2.1.Image Viewing Software
5.2.2.2.Data Analysis and Interpretation Software
5.3.Market Attractiveness Analysis, By Product
6.Global Widefield Imaging Market Analysis and Forecast, By Indication
6.1.Introduction
6.1.1.Basis Point Share (BPS) Analysis By Indication
6.1.2.Y-o-Y Growth Projections By Indication
6.2.Market Size (US$ Mn) Forecast By Indication
6.2.1.Diabetic Retinopathy
6.2.2.Retinopathy of Prematurity
6.2.3.Pediatric Retinal Diseases
6.2.4.Retinal Vein Occlusion
6.2.5.Ocular Oncology
6.2.6.Uveitis
6.2.7.Chorioretinal Diseases
6.2.8.Glaucoma
6.2.9.Others (age-related macular degeneration; central serous chorioretinopathy (CSR))
6.3.Market Attractiveness Analysis By Indication
7.Global Widefield Imaging Market Analysis and Forecast, By Modality
7.1.Introduction
7.1.1.Basis Point Share (BPS) Analysis By End User
7.1.2.Y-o-Y Growth Projections By End User
7.1.3.Comparative Analysis By End User
7.2.Market Size (US$ Mn) Forecast By End User
7.2.1.Standalone
7.2.2.Portable
7.3.Market Attractiveness Analysis By End User
8.Global Widefield Imaging Market Analysis and Forecast, By End User
8.1.Introduction
8.1.1.Basis Point Share (BPS) Analysis By End User
8.1.2.Y-o-Y Growth Projections By End User
8.1.3.Comparative Analysis By End User
8.2.Market Size (US$ Mn) Forecast By End User
8.2.1.Specialty Clinics
8.2.2.Hospitals
8.2.3.Ambulatory Surgical Centers
8.3.Market Attractiveness Analysis By End User
9.Global Widefield Imaging Market Analysis and Forecast, By Region
9.1.Introduction
9.1.1.Basis Point Share (BPS) Analysis By Region
9.1.2.Y-o-Y Growth Projections By Region
9.2.Market Size (US$ Mn) Forecast By Region
9.2.1.North America
9.2.2.Western Europe
9.2.3.Asia Pacific Excl. Japan (APEJ)
9.2.4.Japan
9.2.5.Latin America
9.2.6.Eastern Europe
9.2.7.Middle East and Africa (MEA)
9.3.Market Attractiveness Analysis By Region
10. North America Widefield Imaging 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. Key Regulations
10.2. Market Size (US$ Mn) Forecast By Country
10.2.1. U.S.
10.2.2. Canada
10.3. Market Size (US$ Mn) Forecast By Component
10.3.1. Instrument
10.3.2. Software
10.3.2.1. Image Viewing Software
10.3.2.2. Data Analysis and Interpretation Software
10.4. Market Size (US$ Mn) Forecast By Indication
10.4.1. Diabetic Retinopathy
10.4.2. Retinopathy of Prematurity
10.4.3. Pediatric Retinal Diseases
10.4.4. Retinal Vein Occlusion
10.4.5. Ocular Oncology
10.4.6. Uveitis
10.4.7. Chorioretinal Diseases
10.4.8. Glaucoma
10.4.9. Others (age-related macular degeneration; central serous chorioretinopathy (CSR))
10.5. Market Size (US$ Mn) Forecast By End User
10.5.1. Specialty Clinics
10.5.2. Hospitals
10.5.3. Ambulatory Surgical Centers
10.6. Market Size (US$ Mn) Forecast By Modality
10.6.1. Standalone
10.6.2. Portable
10.7. Market Attractiveness Analysis
10.7.1. By Country
10.7.2. By Component
10.7.3. By Indication
10.7.4. By End User
10.7.5. By Modality
10.8. Prominent Trends
10.9. Drivers and Restraints: Impact Analysis
11. Latin America Widefield Imaging 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. Key Regulations
11.2. Market Size (US$ Mn) Forecast By Country
11.2.1. Brazil
11.2.2. Mexico
11.2.3. Rest of Latin America
11.3. Market Size (US$ Mn) Forecast By Component
11.3.1. Instrument
11.3.2. Software
11.3.2.1. Image Viewing Software
11.3.2.2. Data Analysis and Interpretation Software
11.4. Market Size (US$ Mn) Forecast By Indication
11.4.1. Diabetic Retinopathy
11.4.2. Retinopathy of Prematurity
11.4.3. Pediatric Retinal Diseases
11.4.4. Retinal Vein Occlusion
11.4.5. Ocular Oncology
11.4.6. Uveitis
11.4.7. Chorioretinal Diseases
11.4.8. Glaucoma
11.4.9. Others (age-related macular degeneration; central serous chorioretinopathy (CSR))
11.5. Market Size (US$ Mn) Forecast By End User
11.5.1. Specialty Clinics
11.5.2. Hospitals
11.5.3. Ambulatory Surgical Centers
11.6. Market Size (US$ Mn) Forecast By Modality
11.6.1. Standalone
11.6.2. Portable
11.7. Market Attractiveness Analysis
11.7.1. By Country
11.7.2. By Component
11.7.3. By Indication
11.7.4. By End User
11.7.5. By Modality
11.8. Prominent Trends
11.9. Drivers and Restraints: Impact Analysis
12. Western Europe Widefield Imaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis By Country / Region
12.1.2. Y-o-Y Growth Projections By Country
12.1.3. Key Regulations
12.2. Market Size (US$ Mn) Forecast By Country / Region
12.2.1. Germany
12.2.2. France
12.2.3. Italy
12.2.4. Spain
12.2.5. U.K.
12.2.6. NORDIC
12.2.7. Rest of Western Europe
12.3. Market Size (US$ Mn) Forecast By Component
12.3.1. Instrument
12.3.2. Software
12.3.2.1. Image Viewing Software
12.3.2.2. Data Analysis and Interpretation Software
12.4. Market Size (US$ Mn) Forecast By Indication
12.4.1. Diabetic Retinopathy
12.4.2. Retinopathy of Prematurity
12.4.3. Pediatric Retinal Diseases
12.4.4. Retinal Vein Occlusion
12.4.5. Ocular Oncology
12.4.6. Uveitis
12.4.7. Chorioretinal Diseases
12.4.8. Glaucoma
12.4.9. Others (age-related macular degeneration; central serous chorioretinopathy (CSR))
12.5. Market Size (US$ Mn) Forecast By End User
12.5.1. Specialty Clinics
12.5.2. Hospitals
12.5.3. Ambulatory Surgical Centers
12.6. Market Size (US$ Mn) Forecast By Modality
12.6.1. Standalone
12.6.2. Portable
12.7. Market Attractiveness Analysis
12.7.1. By Country

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