November 29, 2019
According to the latest study titled ‘Global Fundus Camera Market By Type (Mydriatic, Non-Mydriatic, Others), By End User (Ophthalmology Centre, Ophthalmic & Optometrist offices, Others), By Portability (Handheld, Tabletop): By Region, By Country (2018 Edition) - Forecast to 2023’ available with Market Study Report LLC, the global fundus camera market is estimated to grow with a CAGR of 4.12% through the year 2023.
Fundus camera comprises of a sophisticated microscope attached to a flash enabled camera. It is used for photographing the fundus or rear of an eye. Factors such as increase in geriatric population, rising cases of eye-related disorders, changing lifestyle involving excessing screen time, and equipment advancements are aiding the growth of fundus camera market.
The study encompasses details about revenue shares for each segment, alongside the expansion strategies adopted by manufacturers. Thorough insight regarding challenges, drivers, trends, and restraints impacting the market growth is also given. The report analyzes the competitive landscape of fundus camera market using SWOT analysis and Porter’s Five Force analysis methods.
Based on type, fundus camera market is segmented into non-mydriatic fundus camera, mydriatic fundus camera, and others. The non-mydriatic fundus camera segment is presumed to grow significantly over the forecast period, owing to increasing cognizance about retinal disorders, rising healthcare expenditure, and improved disposable incomes.
Speaking of portability, the industry is divided into tabletop and handheld. In terms of end-user scope, fundus camera market is split into ophthalmic center & optometrist offices, ophthalmology center, and others.
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Considering the geographical landscape, the global fundus camera market is bifurcated into major regions including North America, APAC, Europe, and the rest of the world. As per the report, North America fundus camera market held the largest share in 2018, owing to rising number of ophthalmologists and eye care clinics, as well as rising prevalence of eye related disorders.
Some of the vendors that operate in fundus camera market are Nikon, Canon, Epipole, Kowa, Clarity Medical System, CenterVue, Carl Zeiss, Optovue Ltd., and Topcon Medical System.
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