United States Electroretinogram Market Size, Share, and COVID-19 Impact Analysis, By Product (Handheld and Tabletop), By Type (Full-field flash ERG, Pattern ERG, and Multifocal ERG), and United States Electroretinogram Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareUnited States Electroretinogram Market Insights Forecasts to 2035
- The US Electroretinogram Market Size Was Estimated at USD 235.6 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.12% from 2025 to 2035
- The US Electroretinogram Market Size is Expected to Reach USD 615.1 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, The United States Electroretinogram Market Size is anticipated to Reach USD 615.1 Million by 2035, Growing at a CAGR of 9.12% from 2025 to 2035. The expansion of the United States electroretinogram market is propelled by constant innovation and the growth in ophthalmic research facilities and clinics.
Market Overview
An electroretinogram (ERG) is a non-invasive diagnostic technique that records the electrical activity of the retina, the light-sensitive tissue at the back of the eye, in response to light stimulation. The electroretinograms are due to currents generated directly from retinal neurones. ERG electroretinograms are used by ophthalmologists to determine when retinal surgery or surgical eye care treatments, such as cataract surgery, are needed. Any patients presenting with complaints like photophobia, nyctalopia, impaired visual acuity, and field defects could potentially be diagnosed via ERG. The electroretinogram market has seen considerable advances in the last several years, with respect to software-driven analysis tools, new electrode designs, and miniaturisation of devices. ERG systems from the past have required considerable setup and calibration of the electrical signals they record from the retina. The early diagnosis of glaucoma and optic nerve disorders represents a novel application of photopic negative response (PhNR) ERG that moves ERG beyond traditional retinal diagnostics.
A division of the National Institutes of Health in the United States, the National Eye Institute (NEI) is a key player in the advancement of ERG applications due to its substantial extramural and intramural funding for research into retinal function in both health and disease. ERG testing is frequently used as a primary endpoint in NEI-funded research on conditions such as diabetic retinopathy, age-related macular degeneration, glaucoma, and inherited retinal disorders, which increases demand for sophisticated ERG systems.
Report Coverage
This research report categorizes the market for the United States electroretinogram market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States electroretinogram market. Recent market developments and competitive strategies such as expansion, product launch, 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 of the United States electroretinogram market.
United States Electroretinogram Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 235.6 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 9.12% |
2035 Value Projection: | USD 615.1 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 212 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Product, By Type |
Companies covered:: | Diopsys, LKC Technologies Inc. (LKC), Evoq Technologies, Diagnosis, Roland consul, Electro-Diagnostic Imaging, Inc., Metrovision, Cadwell Industries Inc, Ocular Instruments, Haag-Streit Group, and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The growth of the United States electroretinogram market is boosted by the rising prevalence of coincidence of neuro-ophthalmic and retinal conditions such as diabetic retinopathy, macular degeneration, and inherited retinal dystrophies, especially in the older population. Examples of technological advancements that may provide better diagnostic precision and usability are AI-enhanced waveform analysis and hand-held, multi-focal ERG systems. The way ERG is applied in the movement to identify disease early on is propelled by its application in clinical trials and a point-of-care setting, along with government funding and public health initiatives.
Restraining Factors
The United States electroretinogram market faces obstacles like a lack of access to quality healthcare. Because access to diagnostic testing is dependent on ones level of wealth, the cost is likewise prohibitive, which damages the market.
Market Segmentation
The United States electroretinogram market share is classified into product and type.
- The tabletop segment held the largest market share in 2024 and is expected to grow at a remarkable CAGR during the forecast period.
The United States electroretinogram market is segmented by product into handheld and tabletop. Among these, the tabletop segment held the largest market share in 2024 and is expected to grow at a remarkable CAGR during the forecast period. The segment is driven by the standard non-invasive approach for assessing the electrical activities of the retina in response to visual stimuli. Tabletop electroretinogram systems are known to achieve the most precise and consistent eye diagnoses of any technology. Businesses are primarily focusing on tabletop electroretinograms to keep pace with the increasing demands of the marketplace. Although tabletop ERG machines are non-portable and must be carefully set up.
- The full-field flash ERG segment held the highest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.
Based on the type, the United States electroretinogram market is segmented into full-field flash ERG, pattern ERG, and multifocal ERG. Among these, the full-field flash ERG segment held the highest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is propelled because it is the most accurate technique, and measures overall retinal function, identifies the types of cells, can distinguish right from left, and shows functional distinction ranging from systemic disorders to proper function to extreme degeneration. However, it cannot provide very precise information about specific regions of the retina.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States 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 elaborate analysis focusing on the current news and developments of the companies, which includes 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
- Diopsys
- LKC Technologies, Inc. (LKC)
- Evoq Technologies
- Diagnosis
- Roland consul
- Electro-Diagnostic Imaging, Inc.
- Metrovision
- Cadwell Industries Inc
- Ocular Instruments
- Haag-Streit Group
- Others
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 the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United States electroretinogram market based on the following segments:
United States Electroretinogram Market, By Product
- Handheld
- Tabletop
United States Electroretinogram Market, By Type
- Full-field flash ERG
- Pattern ERG
- Multifocal ERG
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