Global fundus cameras market expected to generate revenue of around USD 620 million by end of 2024, growing at a CAGR of around 6.5% between 2018 and 2024. Fundus cameras are used to capture photo or image of an interior surface of the eye.
The report covers forecast and analysis for the fundus cameras market on a global and regional level. The study provides historic data up to 2017 along with the forecast from 2018 to 2024 based on revenue (USD Million).The study includes drivers and restraints for the fundus cameras market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the fundus cameras market on a global level.
In order to give the users of this report a comprehensive view of the fundus cameras market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, where in product type, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research& development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.
The study provides a decisive view of the fundus cameras market by segmenting the market based on product type, end user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on product type, the market is segmented into mydriatic fundus cameras, non-mydriatic fundus cameras, hybrid fundus cameras, and ROP fundus cameras. The mydriatic fundus cameras, non-mydriatic fundus cameras are further segmented into tabletop and handheld. Based on end user, the market is segmented into hospitals, ophthalmology clinics, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S., Rest of North America, U.K., Germany, France, Italy, Spain, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, Brazil, Rest of Latin America, GCC Countries, South Africa and Rest of Middle East and Africa. This segmentation includes demand for Fundus Cameras market based on individual product type, technology, application, and end user in all the regions and countries.
The report also includes detailed profiles of end players such as Canon, Inc., Carl Zeiss Meditec AG, Centervue SpA, Kowa Optimed, Inc., NIDEK Co., Ltd, Optomed Oy (Ltd.), Optovue, Incorporated, Topcon Medical Systems, Inc., and Clarity Medical Systems, Inc.
This report segments the global fundus cameras market as follows:
Global Fundus Cameras Market: Product Type Segment Analysis
Global Fundus Cameras Market: End-User Segment Analysis
Global Fundus Cameras Market: Regional Segment Analysis
A fundus camera is used to examine the fundus part. They are a specialized device equipped with a low power microscope. The camera is attached with fundus part to examine the disease-related with eye or fundus area. The key structures that can be visualized on the fundus camera are central and peripheral retina, macula, and optic disc. The wide angle of fundus camera capture images and provides proportionately a smaller amount retinal magnification. Fundus cameras are commonly used to capture images of the back of eye areas such as an external photograph, paired optic disk images, fundus imaging, and fluorescein angiography. To diagnose retinal disorders such as age-related macular degeneration, retinal detachment, glaucoma, and diabetic retinopathy, fundus cameras are widely used. The fundus cameras help to determine irregularities of the fundus, it also helps to monitor the development of the disease, and therapeutic effect. The fundus camera is a simple and quick technique to use as a device and it is easy for practitioners to understand.
The global fundus cameras market is segmented into its product type, end user, and by geography. Based on product type, the market is segmented into non-mydriatic fundus cameras, mydriatic fundus cameras, ROP fundus cameras, and hybrid fundus cameras. The non-mydriatic fundus cameras and mydriatic fundus cameras are further segmented into tabletop and handheld. Based on the end user, the market is segmented into ophthalmology clinics, hospitals, and others.
By geography, the global fundus cameras market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the highest share in the global fundus cameras market in 2017 and is expected to remain dominant over the forecast period. The growing technological advancement such as the introduction of digital and handheld devices and growing prevalence of retinal disorders such as diabetic retinopathy in North America is anticipated to propel the growth of fundus cameras market in the coming years. In terms of growth rate, Asia Pacific is expected to register high growth over the forecast period. Growing government expenditure and awareness about the eye diseases is expected to fuel the growth of the market in the region.
Some of the key players in the fundus cameras market are Canon, Inc., Carl Zeiss Meditec AG, Centervue SpA, Kowa Optimed, Inc., NIDEK Co., Ltd., Optomed Oy (Ltd.), Optovue, Incorporated, Topcon Medical Systems, Inc., and Clarity Medical Systems, Inc. The growing demand for technically advanced cameras such as handheld is increasing the competition among the key players operating in fundus cameras market and this is expected to propel the growth of the market globally in the near future.
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