Global Fundus Cameras Market to Reach US$300.5 Million by 2019 - Transparency Market Research

According to this market research report, greater prevalence of retinal disorders across the globe, a consistently rising geriatric population, and technological advances stimulate the demand from the global fundus cameras market. A fundus camera is an ophthalmic imaging device that involves a low-power microscope in addition to a high-resolution camera. Some of the areas that involve the use of fundus cameras include fluorescein angiography, fundus imaging, external photograph, and paired optic disk images. Glaucoma, age-related macular degeneration, retinal detachment, and diabetic retinopathy are some of the commonly occurring retinal disorders, the diagnosis of which requires the use of fundus cameras.

Global fundus cameras market will grow at a CAGR of 4.5% between 2013 and 2019. TMR, a market intelligence firm based in the U.S., states that the global fundus cameras market will reach a market value of US$300.5 million by 2019, up from US$220.5 million in 2012.

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The TMR report segments the global fundus cameras market on the basis of product, end users, and geography. On the basis of product, the fundus cameras market is categorized into hybrid fundus cameras, retinopathy of prematurity (ROP) cameras, non-Mydriatic fundus cameras, and Mydriatic fundus cameras. The segment for non-Mydriatic fundus cameras holds the largest share in the overall market in terms of both revenue and volume. Commercially these are available as handheld and tabletop devices. The hybrid fundus cameras segment is anticipated to expand at a significantly higher CAGR during the forecast period than other product segments. Surging demand for hybrid fundus cameras can be attributed to the advantages of the same over traditional fundus cameras.

From the regional perspective, the research study classifies the global fundus cameras market into Asia Pacific, Europe, North America, and Rest of the World. Owing to technological developments, a growing geriatric population, high incidence of diabetic retinopathy, growing popularity of handheld and digital devices, North America holds the largest share in the overall fundus cameras market. Europe holds the second largest market share after North America in the global fundus cameras market. Greater awareness and better healthcare infrastructure will drive the Asia Pacific fundus cameras market in the forthcoming years. Some of the prominent companies in the global fundus cameras market include Clarity Medical Systems Inc., Topcon Corporation, Optovue Inc., NIDEK Co. Ltd., Kowa Optimed Inc., Carl Zeiss Meditec AG, and Canon Inc.

Browse the full Fundus Cameras Market (Product Type -Mydriatic, Non-Mydriatic, Hybrid and ROP Cameras; End Users - Hospitals, Ophthalmology Clinics and Ophthalmic & Optometrist Offices) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/fundus-cameras.html
 
The global fundus cameras market is segmented as follows:

Fundus Cameras Market, by Product Type

• Mydriatic Fundus Cameras (By Revenue and Volume)
  • Tabletop
  • Handheld
• Non Retractable Fundus Cameras (By Revenue and Volume)
  • Tabletop
  • Handheld
• Hybrid Fundus Cameras (By Revenue and Volume)
• Retinopathy of Prematurity (ROP) Fundus Cameras (By Revenue and Volume)

Fundus Cameras Market, by Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

 
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