Global Fundus Cameras Market, By Product (Mydriatic Fundus Cameras, Nonmydriatic Fundus Cameras, Hybrid Fundus Cameras and ROP Fundus Cameras), End Use (Hospitals, Ophthalmology Clinics and Ophthalmic & Optometrist Offices), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Global Fundus Cameras Market
Fundus cameras market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the fundus cameras market to account to USD 707.28 million by 2028 growing at a CAGR of 6.12% in the above-mentioned forecast period. Rising incidence of age-related eye problems has been directly impacting the growth of fundus cameras market.
Fundus cameras are used to take pictures of the inside of the eye. These cameras include features such as angle variation, color, redness and angiography view. The fundus camera is made up of a special low-power microscope and a camera attached to take internal images of the eye. These images are used to diagnose and treat various eye diseases.
Rising incidence of age-related Macular Degeneration (AMD), Diabetic Retinopathy (DR), and glaucoma is the main driver for the fundus cameras market. Technological advancements in fundus cameras such as hybrid cameras, non-mydriatic cameras, and hand-held fundus cameras is also a driver for the fundus cameras market. Rising awareness about eye disorders and increased healthcare expenditure is an opportunity for the fundus cameras market.
Issue related to usage of fundus camera and lack of awareness is the key factors that restrain the growth of the fundus cameras market. However, higher initial costs of fundus camera act as a challenge for the growth of the fundus cameras market.
This fundus cameras market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research fundus cameras market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fundus Cameras Market Scope and Market Size
Fundus cameras market is segmented on the basis of product, end use and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the fundus cameras market is segmented into mydriatic fundus cameras, nonmydriatic fundus cameras, hybrid fundus cameras and ROP fundus cameras. Mydriatic fundus cameras are further segmented into table top and handheld. Nonmydriatic fundus cameras are further segmented into table top and handheld.
- Fundus cameras market has also been segmented based on the end use into hospitals, ophthalmology clinics and ophthalmic & optometrist offices.
- Based on distribution channel, the fundus cameras market is segmented into online and offline.
Fundus Cameras Market Country Level Analysis
Fundus cameras market is analysed and market size insights and trends are provided by country, product, end use and distribution channel as referenced above.
The countries covered in the fundus cameras market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fundus cameras market due to growing awareness about eye disorders, increased healthcare expenditure, and government support for reimbursement & screening of devices, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to local presence of key players, availability of expert services, and growing medical tourism. Increasing awareness on retinal and ocular diseases as well as rising awareness on treating diabetic retinopathy in the region is also a driver for the fundus cameras market.
The country section of the fundus cameras market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Fundus cameras market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for fundus cameras market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fundus cameras market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Fundus Cameras Market Share Analysis
Fundus cameras market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fundus cameras market.
The major players covered in the fundus cameras market report are Carl Zeiss Meditec AG, Kowa Company, Ltd., Optomed Plc, Optovue, Incorporated, Centervue SpA, NIDEK Co., Ltd., Topcon Healthcare, Clarity Medical Systems, Inc., Canon Inc., Robert Bosch GmbH, Haag-Streit AG, Epipole Ltd., Built and nurtured by EasyScan, Forus Health Pvt Ltd, Remidio, Beye LLC, Shanghai New Eyes Medical Inc, Epipole Ltd., Volk Optical., Marco, KWIPPED, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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