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Fundus Camera Market Forecast and Segments Till 2020

01-10-2017 04:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: SA-BRC

Fundus cameras are ophthalmic devices commonly used for diagnosis of retinal disorders. Retinal detachment, diabetic retinopathy, age-related macular degeneration, and glaucoma are some of the diseases accurately diagnosed with fundus camera. Fundus camera market has been segmented as follows:

Mydriatic Fundus Cameras
Non-mydriatic Fundus Cameras
Hybrid Fundus Cameras
Retinopathy of Prematurity (ROP) Cameras

Non-mydriatic currently holds the largest market share. These cameras do not need bright light and dilating drops for accurate diagnosis. This also eliminates waiting time for pupil adjustment. Non-mydriatic cameras also have different filters which help in image enhancement. Both mydriatic and non-mydriatic cameras come in table-top and handheld settings. Table-top cameras have a higher installed base, hence lead the market. These cameras are also capable of delivering better image quality as compared to handheld cameras. Hybrid fundus camera have advantages over traditional cameras, hence would grow at a faster rate.

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Diabetic retinopathy is one of the most preventable causes of blindness, which is a threat to over 66 million diabetes patients in India alone. American Academy of Ophthalmology mentions that primary open-angle glaucoma (POAG) is responsible for approximately 12% of blindness worldwide. The organization also states that POAG prevalence is estimated to be highest in China, and is lower in Europe and India. Diagnosis rate is low in under developed countries in South Africa. It is also possible that majority of the patients in these regions remain undiagnosed. National Eye Institute, U.S. states that age-related macular degeneration affects more than 1.7 million individuals in the U.S. alone. Considering the rapid aging population worldwide this number is expected to grow in the near future. Thus, large percentage of population is expected to demand better ophthalmic care in the future.

Rapid distribution of new technology devices in the developing healthcare markets in countries such as Brazil, India, and other countries in the Middle East such as UAE and Qatar would help in faster market growth in these regions.

For More Research Reports@ http://www.sa-brc.com/Medical-Devices/upcoming1

The global fundus camera market is experiencing technological development and newer devices are launched with better image quality delivering detailed diagnosis. Volk Optical launched its Volk iNview fundus camera which is compatible with Apple smart phones. In 2016, Epipole Ltd. announced the launch of epiCam C which is a colour hand-held video fundus camera. VX-20 by Kowa Optimed, Inc., iFusion by Optovue, Inc., and X-1 by Canon, Inc. are other popular brands in the market. Canon, Inc., Clarity Medical Systems, Nidek Co., Ltd., CenterVue S.p.A., Carl Zeiss Meditec AG, Kowa Optimed, Inc., Optovue, Inc., Optomed Oy (Ltd.), and Topcon Corporation are other leading players in the market.

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

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