Ophthalmoscopes Market Survey 2019: A Well-Defined Technological Growth Map with an Impact-Analysis

The global ophthalmoscopes market accounted to US$ 216.79 Mn in 2018 and is expected to grow at a CAGR of 4.6% during the forecast period 2019 – 2027, to account to US$ 322.13 Mn by 2027.

The report highlights the trends prevalent in the global ophthalmoscopes market and the factors driving the market along with those that act as challenges to its growth.

The major players operating in the ophthalmoscopes market include, Welch Allyn, Heine USA Ltd., Iridex., Carl Zeiss Meditec AG, American Diagnostic Corporation, Honsun, Halma plc, Lumenis and Guangzhou Bisen Medical Co., Limited among others.

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The market is has provided inorganic growth strategies to these companies by various market consolidations. For instance, in December 2017 Heine Optotechnik GmbH & Co. KG announced a new partnership with Midmark Corp. to provide customers in the United States with three types of high quality diagnostic instruments: otoscopes, ophthalmoscopes and sphygmomanometers.

Direct ophthalmoscopes by the type segment is expected to grow the market for ophthalmoscopes over the forecast period by service segment.

Global ophthalmoscopes market, based on type, application, and end user. The market based on the type segment is classified as direct ophthalmoscopes and indirect ophthalmoscopes. Based on the application, the market is classified as glaucoma, diabetes eye diseases, retinal diseases and others. Similarly, on the basis of the end user the market is classified is hospitals, eye clinics and ambulatory surgical clinics. Based on the application, glaucoma is the largest contributor for the growth of the ophthalmoscopes market. Likewise, the direct ophthalmoscopes is the largest contributor by type for the market.

Europe is the second largest growing geographic market and it is expected to be the second largest revenue contributor throughout the forecast period. Europe is recognized as a developed market for the medical devices. The growth is driven by the factors such as rising prevalence of the diabetes and growing population which are driving the growth of number patients living with eye disorders across the region.

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The report segments the global ophthalmoscopes market as follows:

Global Ophthalmoscopes Market - By Type

Indirect Ophthalmoscopes
Direct Ophthalmoscopes
Global Ophthalmoscopes Market - By Application

Glaucoma
Retinal Diseases
Diabetes Eye Diseases
Others
Global Ophthalmoscopes Market - By End User

Hospitals
Eye Clinics
Others

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