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Fundus Cameras Market Forecast Report 2025: Revenue and Outlook by Industry Players

Author : Ronak Bora | Published Date : 2020-09-10 

Fundus Cameras Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Increasing prevalence of eye diseases and cataract surgery among elderly population will bolster fundus cameras market size. Newer technology in the field of optic nerve photography has raised the demand for advanced digital fundus cameras as they are simpler, economical and provide clearer image of the eyes.  Fundus cameras are basically designed to know the interior condition of an eye in order to document the presence of disorders and monitor the change efficiently. Demand for these portable fundus cameras is proliferating nowadays due to the ability to offer painless detection, automated nature and easy to handle, along with improving the ability of physician to view the retina in more detail.

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With the rising number of cataract surgeries along with the establishment of several multispecialty hospitals will positively favor the segmental growth. Laser Eye Surgery Hub reveals that every year around 330,000 cataract operations are performed in England. Given the significant growth in the number of senior citizens with age-related eye conditions, there is an unprecedented demand for ophthalmologists in the healthcare sector.

The high-tech advances in the field of digital cameras give rise to microsurgeries, resulting in trouble-free detection and provide in-depth analysis of retina. Hospital segment accounted for nearly 20% of total fundus cameras market share in 2018.

Rising incidences of severe eye diseases and visual impairment in both developing and developed economies, due to the shift in lifestyle trends of consumers have propelled the consumption of fundus cameras. Increased focus on developing digital cameras will fuel the adoption of fundus cameras market forecast.

The latest technological advances are aiding ophthalmologists to improve diagnostic abilities and the treatment of eye disorders. A fundus camera, such as the non-mydriatic fundus camera makes fundus photography far more patient-friendly and provides a wider angle of targeted retina.

Reports suggest that non-mydriatic fundus cameras industry share will witness over 5% CAGR over the coming years. Technical advances paired with the continued significance of funduscopic examination have driven the demand for non-mydriatic fundus photography, which in turn, will propel fundus cameras market size.

In addition, the handheld non-mydriatic fundus segment is another category of cameras that are in high demand owing to their portability, compact design, and lightweight features. These cameras can address complex issues with ease and help provide painless surgery to the patients.

Increasing prevalence of common age-related eye problems including glaucoma, dry eyes, cataracts among the massive geriatric population in Asia Pacific, coupled with growing awareness about ophthalmic disorders, will certainly boost the utilization of fundus cameras. APAC fundus cameras industry size had reached around USD 120 million in 2018.

Apparently, favorable government policies and launching of several programs and policies in the region have raised public awareness about common eye diseases. In today’s scenario where social media becomes a growing platform of communication, numerous companies are focusing on social media and internet as a whole to make younger individuals aware about eye health.

In November 2018, Baidu, the Chinese search engine company had introduced the Artificial intelligence-powered fundus cameras which can perceive eye fundus and generate a transmission report within a second. Such advancements and steps to introduce new innovations across the globe will highlight the recent industry trends.

GMI estimates that global fundus camera market size will reach USD 600 million by 2025. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/fundus-cameras-market

Partial Chapter of the Table of Content 

Chapter 4. Fundus Cameras Market, By Product

4.1. Key segment trends

4.2. Mydriatic fundus cameras

4.2.1. Market size, by region, 2014 – 2025 (USD Million, Units)

4.2.1.1. Tabletop fundus cameras

4.2.1.1.1. Market size, by region, 2014-2025 (USD Million, Units)

4.2.1.2. Handheld fundus cameras

4.2.1.2.1. Market size, by region, 2014-2025 (USD Million, Units)

4.3. Non-mydriatic fundus cameras

4.3.1. Market size, by region, 2014 – 2025 (USD Million, Units)

4.3.1.1. Tabletop fundus cameras

4.3.1.1.1. Market size, by region, 2014-2025 (USD Million, Units)

4.3.1.2. Handheld fundus cameras

4.3.1.2.1. Market size, by region, 2014-2025 (USD Million, Units)

4.4. Hybrid fundus cameras

4.4.1. Market size, by region, 2014 – 2025 (USD Million, Units)

4.5. ROP fundus cameras

4.5.1. Market size, by region, 2014 – 2025 (USD Million, Units)

Chapter 5. Fundus cameras Market, By End-user

5.1. Key segment trends

5.2. Hospitals

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Ophthalmology clinics

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Others

5.4.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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