The research report on the Global Adaptive Optics Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The Adaptive Optics Market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.
The global adaptive optics market size was USD 237.64 Million in 2021 and is expected to register a revenue CAGR of 8.9% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of retinal diseases and significant investments in research & development initiatives are key factors driving market revenue growth.
High demand for adaptive optics-based technologies, especially from the medical sector, owing to ability of using image retina with a resolution close to diffraction limit, thereby being an effective auxiliary tools for diagnosis and examination of retinal diseases. Growing prevalence of various retinal diseases has led to rapid adoption of adaptive optics for in vivo retinal imaging. In addition, implementation of adaptive optics in ophthalmoscopes enables retinal imaging at a cellular level, thereby increasing demand for such instruments in the biomedical industry for scientific research purposes. According to American Academy of Ophthalmology (AAO), Age-related Macular Degeneration (AMD) is responsible for vision loss in 28.1% of non-Hispanic whites, 14.5% of Hispanics, and 7.8% of African Americans, who suffer from visual impairments. Furthermore, Glaucoma is responsible for vision impairment in 2.3% of non-Hispanic whites, 11.3% of African Americans, and 6.4% of Hispanics who suffer from visual impairment
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Some of major companies included in the company profile section of the global Adaptive Optics Market report includes Teledyne Technologies Inc., Imagine Optic, Flexible Optical B.V., Northrop Grumman, ALPAO, Phasics S.A, Iris AO, Inc., Adaptive, Boston Micromachines Corporation, and Thorlabs, Inc.
Overview of the TOC of the Report:
· Introduction, Adaptive Optics Market Scope, and Overview
· Opportunities, Risks, and Drivers
· Competition landscape analysis with sales, revenue, and price
· Extensive Profiling of the key competitors with the sales figures, revenue, and market share
· Regional analysis with sales, revenue, and market share for each region for the forecast period
· Country-wise analysis of the Global Adaptive Optics Market by type, application, and manufacturers
· Market Segmentation based on types
· Market segmentation based on applications
· Historical and forecast estimation
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The report offers a comprehensive understanding of the impact of the COVID-19 pandemic on the overall market growth and expansion. COVID-19 has affected the global economy by interfering with production and demand, causing market disruption, and inducing financial instability. The report further analyses the impact of COVID-19 on the global Global Adaptive Optics Market and offers a futuristic outlook of the market in the post-COVID-19 world
Emergen Research has segmented the global adaptive optics market based on component, application, end-users, and region:
· Component Outlook (Revenue, USD Million; 2019-2030)
o Wavefront sensors
o Deformable mirrors
o Control system
· Application Outlook (Revenue, USD Million; 2019-2030)
o Microscopy
o Laser application
o Ophthalmology
o Others
· End-Users Outlook (Revenue, USD Million; 2019-2030)
o Biomedical
o Military & defense
o Industrial & manufacturing
o Consumer electronics
o Others
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The report further analyzes the revenue growth at the global, regional, and country level with an extensive analysis of current and future industry trends pertaining to each segment and sub-segment. Furthermore, the report analyses the manufacturing process segment, competitive benchmarking, Adaptive Optics Market revenue shares of the leading company, regional and global opportunities, latest trends, and market dynamics, and historical data and forecasts.
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