Global Adaptive Optics Market By Component (Wavefront Sensors, Deformable Mirrors (Wavefront Correctors), and Control System), By Application (Microscopy, Ophthalmology, and Laser Application), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Jul 2022
- Report ID: 47345
- Number of Pages: 217
- Format:
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Adaptive Optics Market Overview:
Global adaptive optics market was worth USD 285.56 million in 2021. It is projected to grow at a CAGR of 10% between 2023 to 2032.
Adaptive Optics (AO), which can be used to improve the performance of optical systems, is quickly gaining popularity. Due to light wave distortions, optical instruments can experience inaccuracies in measuring and imaging. These inaccuracies can be eliminated by adaptive optics which enhances the instrument’s performance. Market growth is expected to be driven by the increasing prevalence of retinal diseases. Retinitis Pigmentosa and Age-related Macular Degeneration are the most prevalent retinal degenerative diseases worldwide. According to Nano Retina in 2014, there were approximately 170.0 million people living with AMD worldwide and 1.5 million with Retinitis Pigmentosa (RP). According to estimates, the number of AMD patients will rise to 196 million at the end of 2020 and 289 million by 2040. A fundus camera with adaptive optics allows you to observe the changes in the cone mosaic caused by RP.
Global Adaptive Optics Market Scope:
Component analysis
In 2021, Wavefront sensors had a 37.3% revenue share. With the help of a series of tiny lenses called lenslets, the sensor can split the light into smaller beams. Because of its simplicity and ease of use, the Shack-Hartmann Wavefront Sensor is the most popular. Curvature and pyramid sensors are also used for wavefront sensing, but their use is relatively low given their complexity.
Wavefront sensors are expected to increase segment growth due to their advantages over topography. Wavefront sensors have a major advantage over corneal topographers in that they only provide information about the optics of an eye’s surface. Wavefront sensors can give you an overview of the effects of all optical surfaces. This helps to improve the quality of the retinal images.
Deformable Mirrors (DM), is forecast to grow at 10.1% annually during the forecast period. Deformable mirrors and wavefront correctors are the most adaptable elements in AO. These mirrors consist of thin, flexible reflective layers whose structure and shape can be controlled using a variety of mechanisms. DM is chosen based on the application. This DM has advanced specifications such as actuator count, speed and stoke, interactor coupling, and surface finish. These specifications vary depending on the purpose of the DM. To enter or sustain the market, players are focusing their efforts on creating DM that can be used for specific applications. This will positively impact the overall market growth.
Application analysis
Microscopy accounted for 34.1% of the total revenue in 2021. In-vivo imaging in biological microscopy is crucial for studying cellular processes since living tissues are an essential part of the study. Living tissue can be damaged by light and not illuminated properly. This is the main problem when studying them. Adaptive optics is used extensively in microscopy to address these issues. AO improves the contrast ratio, signal strength, and resolution. These benefits of AO are important for in-vivo deep-tissue imaging.
Adaptive optics can also be used to resolve issues encountered when using high-power microscopes to study large samples. Adaptive optics can be used to patch together large samples of material as a mosaic using its fast scanning microscope stage. It also compensates for optical imperfections. Segment growth will be driven by the efficiency of AO in medical microscopy, and the low cost of these devices in comparison to a high-powered, wide field of vision scanning microscope.
The fastest growth rate for the ophthalmology sector is anticipated during the forecast period. The non-invasive adaptive optics can be used to diagnose, treat, and even prevent eye diseases. The segment growth is expected to be fueled by the increasing use of adaptive optics in retinal imaging. Due to monochromatic aberrations in the eye’s optics, conventional optical imaging devices have difficulty diagnosing retinal disease. These aberrations can be corrected using adaptive optics, which provides a limited diffracted view. AO is expected to drive segment growth because of its versatility. It can be used in an AO fundus camera and AO scanning laser ophthalmoscope.
Кеу Маrkеt Ѕеgmеntѕ:
By Component
- Wavefront Sensors
- Control System
- Deformable Mirrors (Wavefront Correctors)
By Application
- Laser Application
- Microscopy
- Ophthalmology
- Other Applications
Market Dynamics:
In the early stages of clinical imaging for AMD and RP, high-resolution phenotyping using adaptive optics imaging with molecular genetic analysis is expected to increase. The overall market growth is expected to be boosted by the increasing use of adaptive optics in clinical applications and research. Adaptive optics are slowly gaining market share thanks to their ability to provide high-speed, improved imaging. With the help of precise magnetic actuators, advanced deformable mirrors can be used to control the incident wavefront.
These deformable mirrors are expected to lower the cost, complexity, and size of AO-OCT systems. This will make adaptive optics more widely accepted in clinical settings. The market will be driven by the continued development of adaptive optics devices, as well as the increasing efforts of entrepreneurs, vision scientists, and ophthalmologists in its research and development.
There are some limitations to adaptive optics, both in clinical research and clinical applications. One of the biggest challenges with adaptive optics is its algorithm for image acquisition, processing and montaging. There are also patient fixation issues and long analyses. In developing countries, this will also slow down the adoption of adaptive optics products in clinical offices.
Regional Analysis:
North America accounted for 27.8% of the global adaptive optics market’s total revenue in 2021. Market growth is expected to be driven by the adoption of advanced technologies in biomedical sectors by countries such as the U.S.A and Canada. Market growth is expected to be driven by the increasing research on adaptive optics at various research centers and institutions in the region. The Medical College of Wisconsin, for example, is currently researching adaptive optics in its Advanced Ocular Imaging Program. This program has many volunteers who have shared their knowledge and helped to understand the effectiveness of AO in treating retinal diseases. Two AO scanning light ophthalmoscopes from the lab were used for research purposes under AOIP. These systems have many advantages, including the ability to collect data on photoreceptors and nerve fiber layers as well as the retina’s vasculature.
The market in Europe is expected to grow significantly over the forecast period. Market growth is expected to be driven by the gradual adoption and further development of adaptive optics devices that can be used in the biomedical sector. Imagine Eyes, a French company, has developed an adaptive optics retinal cam, rtx1, to allow for a more precise examination of the retina. The company frequently uses this product for research purposes. Professors and researchers used the rtx1 to study the effects of different cardiometabolic conditions on the retina in 2020. Clinical Research in Cardiology published a study that examined the retinas of 430 people with various cardiometabolic conditions using the rtx1 AO retinal camera.
The market in the Asia Pacific is expected to grow at the fastest rate over the forecast period. Market growth in APAC will be boosted by the increasing market clearance for adaptive optics devices from countries such as China, Japan, and India. Imagine Eye’s AO retinal cam, rtx 1, was approved by Chinese regulators in 2020. Imagine Eyes also entered into a partnership agreement with Aracare to increase the distribution of its product, rtx 1, in South Korea.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
To develop adaptive optics devices, the market leaders form strategic alliances, such as partnerships, distribution agreements, M&As, and M&As. Imagine Eye, for the sale of the rtx1e Adaptive Optics Retinal Camera to Japan, signed a distribution deal with Chuo Sangio Co. in 2017.
Маrkеt Кеу Рlауеrѕ:
- IMAGINE OPTIC SA
- Teledyne e2v
- Northrop Grumman Corporation
- Thorlabs
- Iris AO, Inc.
- Adaptica
- Boston Micromachines Corporation
- Imagine Eyes
- ALPAO
- Other Key Players
For the Adaptive Optics Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the Adaptive Optics market in 2021?The Adaptive Optics market size is US$ 285.56 million in 2021.
Q: What is the projected CAGR at which the Adaptive Optics market is expected to grow at?The Adaptive Optics market is expected to grow at a CAGR of 10% (2023-2032).
Q: List the segments encompassed in this report on the Adaptive Optics market?Market.US has segmented the Adaptive Optics market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Component, market has been segmented into Wavefront Sensors, Deformable Mirrors (Wavefront Correctors), and Control System. By Application, the market has been further divided into Microscopy, Ophthalmology, and Laser Application.
Q: List the key industry players of the Adaptive Optics market?IMAGINE OPTIC SA, Teledyne e2v, Northrop Grumman Corporation, Thorlabs, Iris AO, Inc., Adaptica, Boston Micromachines Corporation, Imagine Eyes, ALPAO, and Other Key Players engaged in the Adaptive Optics market.
Q: Which region is more appealing for vendors employed in the Adaptive Optics market?North America accounted for the highest revenue share of 27.8%. Therefore, the Adaptive Optics industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Adaptive Optics?U.S., Canada, U.K., Germany, France, Italy, Spain, China, India, Japan, Thailand, South Korea, Mexico, Brazil, Colombia, Argentina, South Africa, Saudi Arabia, UAE, are key areas of operation for Adaptive Optics Market.
Q: Which segment accounts for the greatest market share in the Adaptive Optics industry?With respect to the Adaptive Optics industry, vendors can expect to leverage greater prospective business opportunities through the wavefront segment, as this area of interest accounts for the largest market share.
- IMAGINE OPTIC SA
- Teledyne e2v
- Northrop Grumman Corporation Company Profile
- Thorlabs
- Iris AO, Inc.
- Adaptica
- Boston Micromachines Corporation
- Imagine Eyes
- ALPAO
- Other Key Players
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