Optos, a specialist in advanced retinal imaging, has reported 14% annual revenue growth for the year ended March 2022 resulting in record group revenues of $254m.
News of this growth coincides with 30th anniversary of the business.
Over the past three decades Optos has broadened its offerings and now has four core imaging platforms – the Daytona, California, Monaco and Silverstone – with more than 22,000 devices across the world using the technology.
Its most recent addition is the first ultra-widefield (UWF) CE-marked AI which facilitates early detection and management of diabetic retinopathy (DR), a leading cause of blindness among adults worldwide.
Based in Dunfermline, Fife, the business was founded in 1992 by Douglas Anderson after his five-year old son lost his sight in one eye due to a retinal detachment despite regular eye examinations.
Determined to enable eye problems to be detected as early as possible Douglas set out with the goal to make a device capable of capturing an ultra-widefield image of the retina. Through this, Optos developed a device capable of UWF high resolution digital images called optomap.
These images capture approximately 82% and 200◦ of the retina, something the company claims no other device can do in a single capture.
Rob Kennedy, CEO of Optos said: “We are proud of what Optos has achieved over the past three decades. We have remained true to Douglas’s core purpose of improving patient outcomes by providing the best imaging technology and so reduce the risk of sight loss.
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“In pursuit of this purpose, we pioneered the only single capture ultra-widefield retinal imaging, and now more than 22,000 optomap devices are in use worldwide. We have delivered significant growth, continued to develop our technology, and ultimately enabled our customers to help save the sight of their patients.
“I want to thank all the Optos team for their innovation and hard work over the last 30 years. It’s this dedication and commitment that has helped shape Optos to become the business it is today and we look forward to continuing to push the boundaries in support of our customers and their patients.”
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