The United States
adaptive optics market is anticipated to grow at a significant CAGR for the
forecast period, 2023-2027. The growing need for corrective eyewear,
applications in ophthalmology and retinal imaging, and high-end investments by
market players and leading authorities for R&D activities are the major
drivers for the United States adaptive optics market. Also, increasing
astronomical and biomedical applications and ongoing technological advancements
are the other significant factors bolstering the market growth in the forecast
period.
High Demand from Healthcare
Sector Drives the Market Growth
According to the Centers for
Disease Control and Prevention (CDC), more than 4.2 million Americans aged 40
years and older suffer are either suffering from low vision or are legally
blind. The rise in prevalence of age-related eye disorders in older adults
comprises diseases such as diabetic retinopathy, age-related macular
degeneration, glaucoma, and cataract. Age-related Macular Degeneration (AMD)
and Retinitis Pigmentosa (RP) are the most general retinal degenerative
diseases in the United States. Adaptive optics fundus camera helps observe the
disruptions in the cone mosaic of a patient with retinitis pigmentosa. The
development of deformable mirrors to lower the complexity of adaptive optics-
optical coherence tomography and make the equipment cost-effective and compact
is expected to accelerate the demand for adaptive optics in the healthcare
sector.
High-end investments by
market players and leading authorities and the growing demand for
high-resolution microscopy for various biomedical research operations are
expected to create lucrative opportunities for the United States adaptive
optics market.
Increasing Demand for
High-Speed Internet Connection Supports Market Growth
The rise in the expenditure
capacity of consumers is enabling them to afford a quality lifestyle.
Free-space optical communication systems are where free space acts as a
communication level between transceivers that are line-of-sight to transmit the
optical signals. Free-space optical communication systems are utilized to
transmit very-high-speed multi-Gb/s large-capacity aerospace communications. It
can establish a wireless, high-bandwidth connection between remote sites. FSO
lasercom is in high demand in metropolitan cities where the laying of fiber
optics cable is expensive. It offers numerous advantages over conventional
radio frequency (RF) wireless communications technology such as low power
requirements and higher bandwidth (data rates), portable nature, and smaller
packaging. Advancements in free-space optical communication systems include
high demand for bandwidths, use of the internet for Internet protocol
television (IPTV), voice over Internet Protocol (VoIP), and internet of things.
Free-space optical
communication systems are prone to atmospheric-induced attenuation, and
adaptive optics can restore the light waves, which is expected to improve the
FSO communication. Early adoption of advanced technologies in the United States
and continuous efforts to develop high-speed internet connection for a seamless
experience of consumers is expected to fuel the demand for the United States
adaptive optics market for the next five years.
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Market Segmentation
The United States adaptive optics
market is segmented into component, type, end user, regional
distribution, and company. Based on component, the market is divided
into wavefront sensor, control system and wavefront modulator. Based on type,
the market is bifurcated into natural guide star adaptive optics, laser guide
star adaptive optics. Based on end user, the market is divided into biomedical,
defense and security, astronomy, manufacturing, consumer devices, and
communication. To analyze the market based on the region, the United States
Adaptive Optics market is studied in major regions namely southern region,
western region, mid-western region, and north-eastern region.
Market Players
Thorlabs Inc., Teledyne e2v
Ltd., Iris AO, Inc., Phasics Corporation, Boston Micromachines Corporation,
Northrop Grumman Corporation, Adaptica S.R.L, Active Optical Systems, LLC,
Imagine Optic SA, Benchmark Electronics, Inc., are the major market players operating
in the United States adaptive optics market.
Attribute
|
Details
|
Base Year
|
2021
|
Historic Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
Segments covered
|
·
Component
·
Type
·
End User
|
Regional scope
|
South, West, Mid-West, North-East
|
Key companies profiled
|
Thorlabs Inc., Teledyne e2v Ltd., Iris
AO, Inc., Phasics Corporation, Boston Micromachines Corporation, Northrop
Grumman Corporation, Adaptica S.R.L, Active Optical Systems, LLC, Imagine
Optic SA, Benchmark Electronics, Inc.
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United States adaptive
optics market has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- United States Adaptive
Optics Market, By Component:
- Wavefront Sensor
- Control System
- Wavefront Modulator
- United States Adaptive Optics Market, By Type:
- Natural Guide Star Adaptive Optics
- Laser Guide Star Adaptive Optics
- United States Adaptive Optics Market, By End User:
- Biomedical
- Defense and Security
- Astronomy
- Manufacturing
- Consumer Devices
- Communication
- United States Adaptive
Optics Market, By Region:
- South
- West
- Mid-West
- North-East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States adaptive optics market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United States adaptive
optics market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]