PUBLISHER: The Business Research Company | PRODUCT CODE: 1828073
PUBLISHER: The Business Research Company | PRODUCT CODE: 1828073
Newborn eye imaging systems are medical technologies designed to detect congenital ocular defects shortly after a baby's birth, helping to prevent long-term vision loss in various disorders. These systems are utilized for a range of tests, including external eye examinations, red reflex tests, and fundus imaging performed by experienced ophthalmologists using wide-field digital retinal imaging systems.
These imaging systems play a crucial role in identifying diseases such as retinopathy of prematurity (ROP), retinal diseases, strabismus, refractive errors, color blindness, and other conditions. They come in various types, including basic devices and wireless devices. Retinopathy of prematurity (ROP) is a specific eye condition characterized by abnormal blood vessel growth in the retina, occurring in premature babies or those weighing less than 3 pounds at birth. The usage of newborn eye imaging systems extends to hospitals, ophthalmology diagnosis centers, ambulatory surgical centers, and other healthcare facilities.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.
The newborn eye imaging systems market research report is one of a series of new reports from The Business Research Company that provides newborn eye imaging systems market statistics, including newborn eye imaging systems industry global market size, regional shares, competitors with newborn eye imaging systems market share, detailed newborn eye imaging systems market segments, market trends, and opportunities, and any further data you may need to thrive in the newborn eye imaging systems industry. This newborn eye imaging systems market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The newborn eye imaging systems market size has grown strongly in recent years. It will grow from $2.08 billion in 2024 to $2.19 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to healthcare accessibility and awareness, early disease detection initiatives, neonatal healthcare advancements, clinical studies and research, regulatory framework and guidelines.
The newborn eye imaging systems market size is expected to see strong growth in the next few years. It will grow to $2.95 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increased prevalence of prematurity, focus on early intervention, telemedicine and remote consultations, research and development investments, growing awareness and education. Major trends in the forecast period include collaborations and partnerships, continued research and clinical studies, personalized imaging and treatment plans, enhanced connectivity and data sharing, remote monitoring and telemedicine.
The forecast of 7.7% growth over the next five years remains unchanged from the previous projection for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through increased duties on wide-field retinal imaging sensors from Israel, making retinopathy of prematurity screening more expensive and potentially reducing access for neonatal intensive care units (ICUs).The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The newborn eye imaging systems market is expected to experience growth due to the rapidly increasing number of babies facing eye problems. Eye problems encompass various forms of vision loss, including total blindness, partial vision loss, and common eye-related defects in newborns. These issues can be congenital or acquired postnatally, with factors such as genetic abnormalities, intrauterine injury, maternal diabetes, and cocaine exposure contributing to ocular abnormalities. The demand for diagnosing and treating eye diseases in newborns is on the rise, leading to an increased need for newborn eye imaging systems. As of April 2022, the International Agency for the Prevention of Blindness reported that 448 million children and teenagers aged 0 to 19 were affected by refractive errors, with 90 million experiencing some degree of vision impairment. The escalating numbers of babies facing eye problems are a key driver behind the growth of the newborn eye imaging systems market.
The growth of the newborn eye imaging systems market is anticipated to be fueled by increasing healthcare expenditure. Healthcare expenditure refers to the total spending on healthcare-related goods and services within a specific period on a national or institutional level. Higher healthcare spending facilitates the acquisition of innovative diagnostic technologies such as newborn eye imaging systems. This ensures access to advanced equipment for early and precise diagnosis of eye conditions in newborns. According to the 2021-2030 National Health Expenditure report by the Centers for Medicare & Medicaid Services (CMS), national health spending is projected to grow by an average of 5.1% annually between 2021 and 2030, reaching nearly $6.8 trillion. The increasing healthcare expenditure plays a crucial role in driving the growth of the newborn eye imaging systems market.
A significant trend in the newborn eye imaging systems market is the adoption of technological advancements. Leading companies in the market are focusing on the development of technologically advanced systems to maintain their market positions. For instance, in December 2022, NeoLight Newborn Care, a US-based medical device company, introduced the ROP Check software for digital care coordination in pediatric retinal screening. The ROP Check system ensures timely and standardized eye exams for eligible infants in the neonatal intensive care unit (NICU). It facilitates seamless management across various stakeholders, including patients, NICUs, ophthalmology specialists, and more.
Strategic partnerships are playing a key role in the newborn eye imaging systems market, with companies collaborating to enhance eye screening for children. In November 2022, Prada Group, an Italy-based luxury goods company, partnered with Vision+ Onlus, a non-profit organization in Italy promoting ophthalmic prevention programs. This collaboration aims to offer complimentary eye screenings for employees' children at Prada's Milan offices, as part of the 'Piccoli occhi da tenere d'occhio' initiative. The screening helps identify potential eye diseases and disorders at an early stage in preschool-age children.
In July 2022, ArchiMed, a France-based investment firm, acquired Natus Medical for $1.2 billion. Natus Medical, a US-based firm, offers solutions for screening, diagnosing, and treating disorders affecting the brain and sensory nervous systems, including newborn eye imaging systems. This acquisition positions Natus to bring advancements in the standard of care and enhance outcomes for patients affected by neurological disorders.
Major companies operating in the newborn eye imaging systems market include Natus Medical Incorporated, RetCam, Welch Allyn, Spectra Lab, EYE-PACS, Vantage Health, RetiVue, Eyenuk, iCare, Optos, Zeiss, Canon Medical Systems Corporation, Heidelberg Engineering, Leica Microsystems, Topcon, Avinger, Visionix, NIDEK, Bioptigen, DigitalOptics, Galatea Surgical, Luminera, D-EYE SRL, Visunex Medical Systems Inc., Intelligent Retinal Imaging Systems, Remidio Innovative Solutions Pvt. Ltd., Kowa American Corporation, Clarity Medical Systems Inc.
North America was the largest region in the newborn eye imaging systems market in 2024. The regions covered in the newborn eye imaging systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the newborn eye imaging systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The newborn eye imaging systems market consists of sales of scanning laser polarimetry (SLP), confocal scanning laser ophthalmoscopes (CSLO), optical coherence tomography (OCT) devices, and pediatric digital retinal imaging systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Newborn Eye Imaging Systems Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on newborn eye imaging systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for newborn eye imaging systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The newborn eye imaging systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.