Retinal Detachment Diagnostic Market Trends

Retinal Detachment Diagnostic Market Trends

• The rising geriatric population is a significant growth driver for the market. As people age, the risk of developing retinal detachment increases due to changes in the vitreous gel and other age-related factors that can lead to the pulling away of the retina from the underlying tissues.
   
• Additionally, the elderly population is more prone to age-related eye conditions such as myopia, cataracts, and diabetic retinopathy, which further increases the risk of retinal detachment.
   
• For instance, the prevalence of myopia in the elderly population is significantly high compared to young adults. In individuals aged 60-64 years, the prevalence ranges from 22.74% to 28.7%, while in those aged 80 years and above, it increases to 45.58% to 19.3%. Similarly, as per the CDC, an estimated 8.94 million people aged 40 years and older were living with diabetic retinopathy in 2021, and 1.71 million of those were living with vision-threatening diabetic retinopathy.
   
• Thus, with the global population aging rapidly, the demand for retinal detachment diagnostics is expected to increase, driving market growth.