Adaptive Optics Market size to grow by USD 3.30 billion between 2022 - 2027| Market Driven by Adaptive optics providing high-speed imaging- Technavio
NEW YORK, Sept. 15, 2023 /PRNewswire/ -- The Adaptive Optics Market is projected to increase at a CAGR of 34.81% during the forecast period. One of the primary drivers behind the growth of the global adaptive optics market is its ability to provide high-speed imaging. The growing demand for adaptive optical imaging can be attributed to its potential to significantly enhance clinical imaging of early-stage age-related macular degeneration (AMD) and retinitis pigmentosa (RP) when combined with high-resolution phenotyping and molecular genetic analysis. Moreover, the increasing adoption of adaptive optics in both clinical applications and research is having a positive impact on market expansion. The key factor propelling the rising use of adaptive optics in clinical settings is its effectiveness in improving high-speed imaging. Consequently, these factors are expected to boost the growth of the global adaptive optics market between 2022 to 2027. Download the free sample report now for a detailed insight.
Challenges of the Adaptive Optics Market:
One of the key challenges for the global adaptive optics market is the technical issues while using the AO system. Testing these systems thoroughly involves complex procedures, including mounting them on telescopes and allowing starlight to pass through, which is time-consuming. This necessitates alternative testing methods. Additionally, drawbacks like hetero-focal aberrations and field-of-view limitations of the system further hinder market growth.
Segmentation of Adaptive Optics Market:
The adaptive optics market has been segmented by Application (Military and defense, Biomedical, Industrial and manufacturing, and Others), Component (Wavefront sensors, Wavefront modulators, and Control system), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
The military and defense segment is expected to experience substantial growth during the forecast period. Adaptive optics play a crucial role in this segment by enabling effective surveillance of enemy activities and equipping soldiers with the capability to spot distant objects. In particular, adaptive optics leverage image stabilization technology to enhance visibility in challenging conditions such as dense fog, dust, and long-distance object detection.
Get more information on the segmentation, download the free sample report here
Major Companies in the Adaptive Optics Market:
Optical Coherence Tomography: The optical coherence tomography for ophthalmology market share is expected to increase by USD 302.3 million from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 7.68%.
Optical Modulators Material Market: The global optical modulator materials market size is estimated to grow by USD 10,328.85 million between 2022 and 2027 at a CAGR of 7.84%.
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