The global fundus cameras market size is expected to grow by USD 124.85 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 4%. Request Free Sample Report on COVID-19 Impacts
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Technavio has announced its latest market research report titled Global Fundus Cameras Market 2020-2024 (Graphic: Business Wire).
Read the 120-page report with TOC on “Fundus Cameras Market Analysis Report by Product (Non-mydriatic fundus cameras, Hybrid fundus cameras, and Mydriatic fundus cameras) and Geography (North America, APAC, Europe, and ROW), and the Segment Forecasts, 2020-2024”.
The market is driven by the increasing use of non-mydriatic cameras. In addition, the technological advances are anticipated to boost the growth of the Fundus Cameras Market.
Imaging the fundus is crucial in any ophthalmologic examination. Non-mydriatic fundus cameras have significantly improved the diagnosis of diseases when compared with ophthalmoscopes. Several conditions such as AMD, diabetic retinopathy, and retinal diseases can be diagnosed accurately with the help of non-mydriatic fundus cameras. Vendors in the market are investing in R&D and launching fully automatic, non-mydriatic fundus cameras, owing to their increasing demand from end-users. Vendors are incorporating newer technologies and enhancements in design and light sources, which is likely to spur the demand for fundus cameras. For instance, in April 2019, Essilor Instruments USA launched its RETINA800 non-mydriatic fundus camera. Its fully-automatic retinal image capture eases the screening and detection of retinal pathologies, which is expected to increase its adoption by ophthalmologists.
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Major Five Fundus Cameras Companies:
Canon Inc. has business operations under various segments such as office, imaging system, medical system, and industry and others. The company offers Canon CR-2 Digital Non-Mydriatic Retinal Camera which is compact and lightweight and easily installed.
Carl Zeiss AG
Carl Zeiss AG operates its business through various segments such as semiconductor manufacturing technology, industrial quality & research, medical technology, and consumer markets. The company offers fundus camera under the brand, CLARUS 500.
EasyScan BV offers ophthalmoscopes which can easily detect eye conditions such as AMD diabetic retinopathy, glaucoma, and others. The company offers fundus camera under the brand, EasyScan.
Epipole Ltd. designs and manufactures retinal imaging devices which are ideal for detecting diseases such as diabetic retinopathy. The company offers fundus camera under the brand, epiCam M.
Haag-Streit AG offers various products such as slit lamps, tonometry devices, biometry devices, perimetry devices, and other products such as disposables, diagnostic lenses, and others. The company offers fundus cameras under the brand, Fundus Module 300.
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Fundus Cameras Market Product Outlook (Revenue, USD mn, 2020-2024)
- Non-mydriatic fundus cameras – size and forecast 2019-2024
- Hybrid fundus cameras – size and forecast 2019-2024
- Mydriatic fundus cameras – size and forecast 2019-2024
Fundus Cameras Market Regional Outlook (Revenue, USD mn, 2020-2024)
- North America – size and forecast 2019-2024
- APAC – size and forecast 2019-2024
- Europe – size and forecast 2019-2024
- ROW – size and forecast 2019-2024
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