Global Fundus Cameras Market to Grow at 4.58% During 2024-2032, Impelled by Increasing Geriatric Population

December 06, 2021 | Healthcare

The latest report by IMARC Group, titled “Fundus Cameras Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” finds that the global fundus cameras market is expected to grow at a CAGR of 4.58% during 2024-2032. Fundus cameras are specialized low-powered microscopes with an attached camera that are used for taking photographs of the interior surface of the eye. The optical design of the camera is based on the indirect ophthalmoscope, which provides an objective photographic profile of any rare condition of the eye. It also displays dynamic, black and white images of the pupil with advanced imaging techniques like stitching mosaic composites and stereoscopic viewing. However, the non-mydriatic fundus camera variant uses the reflective property of the retina to display details and store images. In recent years, fundus cameras have gained prominence as they aid in the early detection and monitoring of various eye health-related conditions such as macular degeneration, high blood pressure, glaucoma, and damage due to multiple sclerosis.

Global Fundus Cameras Market Trends:

The market is primarily driven by the increasing prevalence of eye disorders such as diabetic retinopathy, cataract, conjunctivitis, and age-related degeneration. Besides this, with the aging population and rapid adoption of smart devices, individuals are becoming more prone to eye disorders, including night blindness, glaucoma, and vision loss, which has escalated the demand for fundus cameras. In addition, the rising number of individuals suffering from cataract and growing awareness among individuals regarding optical care are fueling the market growth. Furthermore, technological advancements, such as the development of smartphone-based fundus photography, that uses DR to capture images, provide cost-effectiveness and efficiency. Along with this, the introduction of miniature table-top fundus cameras that can display live images of the eye is creating a positive outlook for the market.

Market Summary:

Based on the product, the market has been segmented into mydriatic (tabletop and handheld), non-mydriatic (tabletop and handheld), hybrid, and other fundus cameras.
On the basis of the end use, the market has been classified into hospitals, ophthalmology clinics, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Canon Inc., Carl Zeiss Meditec Inc., CenterVue SpA (Revenio Group), Forus Health Private Limited, Kowa Company Limited, NIDEK Co. Limited, Optomed Plc, Optovue Incorporated, Remidio Innovative Solutions Private Limited, Revenio Group Plc, and Topcon Medical Systems Inc. (Topcon Corporation).

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product, End Use, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Canon Inc., Carl Zeiss Meditec Inc., CenterVue SpA (Revenio Group), Forus Health Private Limited, Kowa Company Limited, NIDEK Co. Limited, Optomed Plc, Optovue Incorporated, Remidio Innovative Solutions Private Limited, Revenio Group Plc, and Topcon Medical Systems Inc. (Topcon Corporation)
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
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Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Fundus Cameras Market to Grow at 4.58% During 2024-2032, Impelled by Increasing Geriatric Population

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