Fundus Cameras Market In-Depth Analysis by Opportunities, Challenges AND Forecast 2028

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Fundus cameras, also known as retinal cameras, are the low powered microscopes attached with a camera.

Fundus cameras, also known as retinal cameras, are the low powered microscopes attached with a camera. Fundus camera are used for diagnosis of various eye disorders such glaucoma, diabetic retinopathy, retinal detachment, age-related macular degeneration (AMD). Fundus camera includes capturing photographs of the back of the eye, which is called as fundus. Fundus consists of 10 semi-transparent layers which serve specific function in the process of visual perception. Fundus camera devices detects the abnormalities in the retina, helps in diagnosis of disease progression and possible treatment outcome for the disorder. 

FUNDUS CAMERAS MARKET OUTLOOK

Rising awareness concerning the eye disorder, technological advancement, high incidence rate of diabetic retinopathy and increased expenditure on healthcare by government are the key factor attributed to the growth in fundus camera market.

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Diabetes is a major cause of blindness. As per World Health Organisation data in 2014, diabetes affects more than 422 million people worldwide. The global prevalence of diabetes among adults over 18 years of age has risen from 4.7% in 1980 to 8.5% in 2014. All people with diabetes, type 1 and type 2, are at risk for diabetic eye disease, a leading cause of vision loss and blindness. In turn, high prevalence of retinal disorders is anticipated to foster the growth of fundus camera market. In addition, increase in application of fundus camera to diagnose retinal disease at early stage has favored the demand for portable and high-performing fundus devices

FUNDUS CAMERAS MARKET SEGMENTAL OVERVIEW

The report analyses global Fundus Cameras market based on product, end user and geography.

FUNDUS CAMERAS MARKET BY PRODUCT 

Now a day’s different types of fundus cameras are commercially used by hospitals, ophthalmology clinics etc. which includes, Mydriatic Fundus cameras (Tabletop Mydriatic Fundus Cameras and Handheld Mydriatic Fundus Cameras), Non-mydriatic Fundus Cameras and Hybrid Fundus Cameras (Tabletop Mydriatic Fundus Cameras and Handheld Mydriatic Fundus Cameras).

With the non-mydriatic fundus camera, it does not require pupil dilation in the majority of cases and is painless for patients. This device can be used for screening of glaucoma patients and those sensitive to light. As with non-mydriatic devices, the handheld mydriatic market is currently emerging and strongly outpacing the unit growth of the established tabletop mydriatic fundus cameras market.

FUNDUS CAMERAS MARKET BY END USER 

Tha major end users of fundus camera include hospitals, ophthalmology clinics etc. ophthalmology clinics segment was observed to be widely preferred by the patient optometrists for primary eye care, owing to the presence of well-equipped ophthalmology clinics and optometrists’ offices in developed and emerging countries

FUNDUS CAMERAS MARKET BY GEOGRAPHY 

North America, Europe, Asia Pacific and Rest of the World are key regions covered for the global fundus cameras market.

In 2018, North America held the maximum revenue share of the fundus market. Rising prevalence of the eye disorders coupled with the growing awareness about eye disorders, increased healthcare expenditure, and government support for reimbursement screening of devices were the key factors responsible for the dominance of this region.

However, Asia Pacific anticipated to be the most important region that is expected to gain traction in terms of market revenue in coming year because of rise in medical tourism, availability of expert services and local presence of key player such as Canon, Inc. and Optomed Oy (Ltd.) etc. Further, Japan, Singapore, China, India, and South Korea are the key contributors in the Asia Pacific region.

FUNDUS CAMERAS MARKET KEY PLAYERS

The key companies which led this industry verticals includes, Carl Zeiss Meditec, Kowa Company Ltd., Optomed Oy (Ltd.), Optovue Incorporated, CenterVue SpA, NIDEK Co., Ltd, Topcon Medical Systems, Inc., Clarity Medical Systems, Inc., Canon, Inc. among others.

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