Fundus Camera Market Is Expected To Reach $625.1 Million By 2024: Grand View Research, Inc.
The global fundus camera market is expected to reach a
value of USD 625.1 million by 2024, based on a new report by Grand View
Research, Inc. Rising geriatric population and growing occurrences of chronic
disorders such as diabetes and hypertension further increase the incidence of
retinal disorders.
For instance, according to the WHO 2016 report, globally,
there were about 422 million diabetic patients (8.5% of total population) in
2014, as compared to 108 million in 1980. Furthermore, it also states that
there is a decline in blindness caused by infections such as trachoma and
onchocerciasis,
and an increasing trend of non-communicable causes of blindness
such as Age-related Macular Degeneration (AMD), glaucoma, and Diabetic
Retinopathy (DR). Availability of advanced fundus devices such as portable and
hybrid cameras at affordable rates is expected to boost the fundus camera
industry during the forecast period.
In addition, supportive government regulations for medical
devices are anticipated to drive the market over the coming years. For
instance, regulatory agencies in the U.S. and Japan require the fundus imaging
cameras to be replaced once in every 4 years. Hence, the demand of fundus
cameras is consistent in these regions.
Browse full research report on Fundus Camera Market:http://www.grandviewresearch.com/industry-analysis/fundus-cameras-market
Further Key Findings From the Study Suggest:
- Non-mydriatic
fundus cameras segment dominated the market in 2015 due to an increased
demand, as it enables the practitioner to view the retinal anatomy in
detail and provides enhanced diagnosis and management of eye diseases.
- Non-mydriatic
and mydriatic camera can be further sub-segmented into tabletop and
handheld cameras. Tabletop cameras segment dominated in 2015 because of
the availability of a higher number of commercialized products and ability
to produce a better image quality than handheld products.
- By end
use, ophthalmic & optometrist offices accounted for the largest share
of the market in 2015 due to the availability of well-equipped offices in
North America and Europe, and preference of patients for primary eye care.
- North
America dominated the market in 2015 and is expected to maintain its
position during the forecast period, due to the local presence of major
players and increased awareness about eye disorders.
- Asia
Pacific is anticipated to be the fastest growing segment during the
forecast period due to rising healthcare expenditure and increasing cases
of retinal detachment, DR, and AMD.
- Some
of the players operating in this industry are Carl Zeiss Meditec, Inc.;
Kowa Company, Ltd.; NIDEK Co., Ltd., Topcon Medical Systems, Inc.; Canon,
Inc.; Clarity Medical Systems, Inc.; Optomed Oy (Ltd.); and Optovue, Inc.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the fundus camera market
by product, end-use, and region:
Fundus camera market Product Outlook (Revenue in USD
Million, 2013 - 2024)
- Mydriatic
Fundus Cameras
- Tabletop
- Handheld
- Non-mydriatic
Fundus Cameras
- Tabletop
- Handheld
- Hybrid
Fundus Cameras
- ROP
Fundus Cameras
Fundus camera market End Use Outlook (Revenue in USD
Million, 2013 - 2024)
- Hospitals
- Ophthalmology
Clinics
- Ophthalmic
& Optometrist Offices
Fundus camera market Regional Outlook (Revenue in
USD Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- Middle
East and Africa
- South
Africa
Access press release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-fundus-cameras-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more Info: www.grandviewresearch.com
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