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Consumer Apps to Push Adaptive Optics to $40.7 Billion

Posted July 31, 2014 12:00 AM by Engineering360 eNewsletter

Once strictly a curiosity in astronomical instruments, adaptive optics has become big business and it's poised to get even bigger, according to a recent market research report. Analysts expect the global market to reach $40.7 billion by 2022, up from the 2013 figure by a whopping 87.9% compound annual growth rate (CAGR). Buoyed by the prospects of applications in real-time patient monitoring, the medical sector alone should hit $9.4 billion at the end of the forecast period, a CAGR of 89.5%. The real story lies in the consumer segment, however, which is poised to hit $24 billion by 2022, up from an estimated $1 million in 2014. That's a growth rate of 253.3%, if you're counting. Adaptive optics can correct vision for virtual retinal displays and other devices, not to mention powering self-correcting eyewear. Combine that with an aging population and you've got big market opportunity.


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#1

Re: Consumer Apps to Push Adaptive Optics to $40.7 Billion

07/31/2014 1:16 PM

One of the most exciting ideas would be eyeglasses that focus to what I am looking at, the same way they used to and the way my camera does now.

Here is an interesting patent that might help to make this possible:

http://www.google.com/patents/US6259853

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#2
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Re: Consumer Apps to Push Adaptive Optics to $40.7 Billion

07/31/2014 11:53 PM

Isn't this the type of patents that are trying to get outlawed? No specifics, just ideas covering all possible areas so the owner can claim and/or sue anyone remotely trying to make this idea work.

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#5
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Re: Consumer Apps to Push Adaptive Optics to $40.7 Billion

08/02/2014 8:41 PM

Patent attorneys are trained to make the idea cover as much as possible. That's why they get paid the big bucks.

I agree the patent system is a mess. Look at all the patents on perpetual motion machines, etc. I think they should still require a working prototype.

The value of a patent is questionable, anyway, for the private individual, other than the to have a nice certificate to hang up in the office. If it's a valuable patent, you need the resources to defend it against those with even more resources who will infringe upon it.

Just my 2 cents....

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#3

Re: Consumer Apps to Push Adaptive Optics to $40.7 Billion

08/01/2014 7:28 AM

If they make a true device/app for consumer astrophotography I'll be the first in line to buy one.

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Re: Consumer Apps to Push Adaptive Optics to $40.7 Billion

08/01/2014 11:21 AM

You can sort of accomplish it in non-real time using image stackers...

http://rogergroom.com/astronomy-resources/astronomy-deep-sky-stacking-software/

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