Slit Lamps Market Overview:
A slit lamp is a diagnostic tool commonly used by ophthalmologists and a standard tool in every ophthalmological practice. It provides illumination and magnification for the examination of many structures of the anterior and posterior segments of the eye, including the iris, the natural lens, the eyelid, the sclera, the conjunctiva and the cornea. With complementary lenses, it is also used to examine the angle of the camera and a significant part of the retina. The use of slit lamps in ophthalmic videography allows practically all diagnostic results to be captured in the form of images, including the conditions of the retina and strabismus.
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Slit Lamps Market Size and Growth Rate:
The global Slit Lamps market is valued at XX million US$ in 2017 and is expected to reach XX million USD by the end of 2025, growing at a CAGR of XX % between 2018 and 2025.
Slit Lamps Market Demand Analysis:
There is an increase in the demand for slit lamps, mainly due to the higher prevalence and incidence of cataracts and other ocular disorders related to age. Another factor driving the continued expansion of the global market for slit lamps is the increasing risk of cataracts among the diabetic population. In addition, technological advances in slit lamps are fueling the market. The incidence and prevalence of ophthalmological and ocular conditions throughout the world is increasing to alarming levels, affecting millions of people. According to data provided by the National Eye Institute, 7.7 million Americans alone currently suffer from diabetic retinopathy, a figure that is expected to increase to 11.3 million by 2030. Similarly, 24 million Americans currently suffer from cataracts. This figure is expected to reach 38.7 million by 2030. According to the American Association of Ophthalmology (AAO), cataract is one of the main causes of visual disability and blindness in the world, while vision disorders linked to ageing are becoming a major problem in developed countries. It is expected that the higher incidence of ophthalmic and ocular conditions will boost the slit lamp market in the coming years.
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Regional Scope of the Slit Lamps Market:
Depending on the region, the global market for slit lamps can be segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. North America dominates the global market for slit lamps due to the rapid adoption of highly developed technologies in general medical care in the region. The Asia-Pacific region is expected to be a very attractive market region during the forecast period due to a large number of patients and government initiatives to implement various control programs.
Major Players Covered in this Slit Lamps Market Report are;
Topcon Medical Systems, Inc., Haag-Streit, Optovue Incorporated, Carl Zeiss Meditec AG, Marco, MEDELSIS Medical Electronic Systems A.S., Genop Healthcare, Reichert, Inc., Keeler, OCULUS Optikgeräte GmbH, and Quantel Medical are the major players of the market.
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