South Korea Electroretinogram Market Size, Share, and COVID-19 Impact Analysis, By Type (Full-field Flash ERG, Pattern ERG, and Multifocal ERG), By Product (Handheld and Tabletop), By Application (Clinical Diagnostic and Research), and South Korea Electroretinogram Market Insights, Industry Trend, Forecasts to 2035

  South Korea Electroretinogram Market Insights Forecasts to 2035

• The South Korea Electroretinogram Market Size Was Estimated at USD 16.8 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 10.84% from 2025 to 2035
• The South Korea Electroretinogram Market Size is Expected to Reach USD 52.1 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Electroretinogram Market is anticipated to reach USD 52.1 million by 2035, growing at a CAGR of 10.84% from 2025 to 2035. The market's need for electroretinograms is being driven by the growing number of ophthalmology clinics and research facilities. Furthermore, it is projected that the rising incidence of eye conditions such as diabetic retinopathy, glaucoma, retinitis pigmentosa, macular degeneration, and cone-rod dystrophy will accelerate market expansion throughout the projection period.

Market Overview

The market for electroretinograms (ERGs) includes the tools, services, and technology used in electroretinography, a diagnostic procedure that gauges the retina's electrical reaction to light stimulation. Moreover, the rising incidence of eye conditions such as diabetic retinopathy and glaucoma, along with developments in ophthalmic diagnostic technologies, are driving this market. Enable prompt treatment and possibly slow down vision loss. ERGs are essential in the early detection of retinal illnesses such as retinitis pigmentosa, macular degeneration, and retinoblastoma. useful for identifying diabetic retinopathy, macular degeneration, retinal detachment, and hereditary retinal dystrophies (such as retinitis pigmentosa). Governments frequently start efforts to increase public awareness of eye conditions like diabetic retinopathy, which is a major use case for ERG. Increased usage and improvements in ERG technology can result from government grants and support for ophthalmological research.

Report Coverage

This research report categorizes the market for South Korea electroretinogram market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea electroretinogram Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea electroretinogram Market.

Driving Factors

The rising prevalence of retinal disorders such as glaucoma, diabetic retinopathy, and macular degeneration. Increasing demand for early and accurate diagnosis, advancements in ophthalmic technology, and growing awareness of vision care contribute to market growth. The shift toward non-invasive, portable, and user-friendly diagnostic devices enhances accessibility in clinical and remote settings. Additionally, expanding geriatric populations and supportive government initiatives in healthcare further fuel the adoption of ERG systems across hospitals, clinics, and research institutions.

Restraining Factors

The high cost of devices and associated maintenance expenses, limit adoption in smaller clinics and resource-constrained regions. Additionally, the scarcity of skilled professionals required to operate ERG systems and accurately interpret complex data further hinders growth.

Market Segmentation

The South Korea electroretinogram market share is classified into type, product, and application.

• The full-field flash ERG segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea electroretinogram market is segmented by type into full-field flash ERG, pattern ERG, and multifocal ERG. Among these, the full-field flash ERG segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The most precise and widely used technique is the full-field flash ERG (ffERG), which evaluates overall retinal function, differentiates between different cell types, can differentiate between right and left eyes, and may demonstrate functional differences ranging from systemic disorders to severe degeneration.

• The handheld segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea electroretinogram market is segmented by product into handheld and tabletop. Among these, the handheld segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. It's portability, ease of use, and suitability for point-of-care diagnostics. Increasing demand for mobile eye screening in remote and outpatient settings, along with advancements in compact medical devices, drives its adoption. Cost-effectiveness and faster setup further support its growth.

• The clinical diagnostic segment dominated the share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea electroretinogram market is segmented by application into clinical diagnostic and research. Among these, the clinical diagnostic segment dominated the share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising prevalence of retinal disorders, such as glaucoma and diabetic retinopathy. Increased awareness, early detection initiatives, and integration of ERG in routine ophthalmic diagnostics drive demand. Government support and improved healthcare infrastructure further boost clinical ERG adoption.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea electroretinogram market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• INFINITT Healthcare
• LG Innotek
• Vieworks
• Park Systems 
• Kodenshi AUK Group
• RODEK Co., Ltd.
• Yuhan Corporation
• Neurosoft (via Top Medical International)
• LKC Technologies
• Diagnosys LLC
• Others

Recent Developments:

• In June 2023, Medical International has marked a milestone with 100 Neurosoft ERG systems now operating in South Korea. Neuro-ERG enables early diagnosis of retinal and optic nerve disorders, including congenital blindness. With over 90% of South Koreans experiencing vision issues, this technology is vital for accurate, objective visual pathway assessment.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea electroretinogram market based on the below-mentioned segments:

 South Korea Electroretinogram Market, By Type

• Full-field Flash ERG
• Pattern ERG
• Multifocal ERG

South Korea Electroretinogram Market, By Product

• Handheld
• Tabletop

South Korea Electroretinogram Market, By Application

• Clinical Diagnostic
• Research