Fundus Camera Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development
Date
1/14/2022 1:08:43 PM
(MENAFN- iCrowdNewsWire)
Fundus Camera Market by Product (Mydriatic Fundus Cameras, Non-Mydriatic Fundus Cameras, Hybrid Fundus Cameras, and ROP Fundus Cameras), Portability (Handheld and Tabletop), and End User (Hospitals, Ophthalmology Clinics, and Others): Global Opportunity Analysis and industry Forecast, 2021–2030.
List of Key Players - Carl Zeiss Meditec AG
- Kowa Company, Ltd.
- Optomed Plc
- Optovue Incorporated
- Topcon Corporation
- Clarity Medical Systems, Inc.
- Canon Inc.
- Epipole Ltd.
- Revenio Group Corporation (Centervue SPA)
- Clarity Medical Systems, Inc.
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Based on end user, the hospitals segment contributed to the highest share in 2020, holding nearly half of the global fundus camera market, and is estimated to continue its dominance in terms of revenue during the forecast period. This is due to increased acceptance by optometrists for primary eye care and attendance of well-equipped hospitals in developing countries. However, the ophthalmology clinics segment is projected to manifest the highest CAGR of 5.2% from 2021 to 2030.
Based on region, North America held the highest market share in 2020, contributing to more than one-third of the global fundus camera market, and is projected to continue its lead position by 2030. This is due to increase in healthcare expenditure and government support for reimbursement and device screening in this region. However, Asia-Pacific is expected to witness the fastest CAGR of 5.0% during the forecast period, owing to local presence of key players, availability of expert services, and surge in medical tourism. Moreover, increased awareness in the region about retinal and ocular illnesses as well as rise in awareness about treating diabetic retinopathy create opportunities for growth in the region.
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