Fundus Camera Market
According to a recent Renub Research analysis, the global fundus camera market is expected to reach US$ 642 million by 2026. The growing occurrence of retinal problems can be attributed to the aging population as well as chronic conditions like diabetes and hypertension.
Key Drivers of the Global Fundus Camera Market
Over the course of the forecast period, an increasing number of product launches by industry players is anticipated to fuel expansion in the worldwide fundus camera market. For example, partnerships between Optomed and other health market participants in November 2020 are anticipated to support the expansion of the worldwide fundus camera market during the forecast period. Fundus Camera Market Thirona B.V., a high-tech company that specializes in the development and marketing of automated analysis tools for medical images.
For example, partnered with NIDEK CO., LTD. in August 2021. NIDEK is a company that designs, manufactures, and distributes ophthalmic, optometric, and lens edging equipment. Thirona’s RetCAD artificial intelligence eye disease detection software and NIDEK’s NAVIS-EX image filing software are integrated. Through their collaboration, two firms are able to instantly analyze color fundus images obtained with the AFC-330 and Retina scan Duo from NIDEK for the presence of age-related macular degeneration (AMD) and diabetic retinopathy (DR).
Products- Four Types of Fundus Camera Market is Covered in this Report
- Mydriatic Fundus Cameras
- non-mydriatic Fundus Cameras
- Hybrid Fundus Cameras
- ROP Fundus Cameras
End-Users – Report covers the Market of 3 types
- Ophthalmic & Optometrist Offices
- Ophthalmology Clinics
- Hospitals
Trends in the Fundus Camera Market
Over the course of the forecast period, nonmydriatic fundus cameras are expected to present lucrative growth opportunities in the fundus camera market.
It is normal practice to test at-risk persons for treatable, potentially blinding eye conditions including diabetic retinopathy using a non-mydriatic fundus camera. In non-ophthalmology situations, non-mydriatic fundus photography is a useful substitute for direct ophthalmoscopy for studying the ocular fundus. Over the course of the projection period, factors such an increase in product introductions, a rise in diabetic retinopathy, and a surge in awareness of the need of early diagnosis are projected to support segment expansion.
One in five people with diabetes mellitus in Brunei Darussalam suffer from diabetic retinopathy, according to a November 2021 article in the KJO journal. These percentages are similar to those found in other Asian populations. Therefore, a higher risk of retinopathy results from diabetes, and a higher number of diabetic cases encourages the use of nonmydriatic fundus cameras.
For example, the International Diabetes Federation estimates that 537 million persons (20–79 years old) had diabetes in 2021. By 2030, there will be 643 million individuals worldwide with diabetes, and by 2045, there will be 783 million. As a result, it is anticipated that the number of cases of diabetes will also rise, leading to an increase in instances of diabetic retinopathy and the expansion of the examined segment.
Regions Wise – All the Five Regions are covered in this Report
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Important Businesses & Market Share Analysis
The company’s primary tactics involve broadening its worldwide sales network, using novel production processes, and improving its research and development capacities. Topcon Healthcare, a prominent supplier of medical equipment and software to the world’s eye care community, announced in January 2023 the introduction of NW500, a new robotic fundus camera designed to be user-friendly and produce dependable, high-quality images even in low light. The ability to obtain retinal pictures in a lit environment without dilating patients is one of the ways that the NW500 improves patient experience and streamlines operations.
All the Key players have been covered from 3 Viewpoints
- Overview
- Recent Developments
- Revenue Analysis
Company Insights
- Carl Zeiss Medites AG
- Topcon Medical Systems, Inc.
- Merit Medical Systems Inc.
- NIDEK CO
- Revenio group oyj
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