Industry Outlook
The global fundus camera market held US$ 396.2 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 6.3% during the forecast period from 2018 to 2026. Fundus camera is used for determining the structural documentation of the retina, which can be photographed directly as the pupil is used as both entrance and exit for the fundus camera's illuminating and imaging light rays. Ophthalmologist use the fundus camera to determine the etiology in the disease such as diabetic retinopathy, neoplasm of the choroid, cranial nerves and retina. Fundus camera provide real time images of the retina which acts as the major advantage in comparison to ophthalmoscopes. Growing prevalence of eye disorders and diabetes is the major driving factor for the growth of the market. According to the International Diabetes Federation 2017 report, the number of people suffering with diabetes were 425 million with one third of the diabetic patients were suffering with diabetic retinopathy. Moreover, it is estimated that number of people in the U.S. with cataract is expected to double from 24.4 million to about 50 million by 2050. According to the World Health Organization survey, age is the key factor for developing AMD with the occurrence increasing form 2% for those ages of 50 to 59 years to 30% by the age of 75 years. There has been massive technological drift in the last two decades in the ophthalmology industry both in terms surgical and diagnosis devices. Many key ophthalmology devices manufacturers are emphasizing on research and development of novel techniques in order to cater the needs of the patients more precisely which would further drive the global fundus camera market during the forecast period.
Market Synopsis
Technological Developments and Product Launches to Drive Non-mydriatric Fundus Camera Market
In 2017, non-mydriatric fundus camera held the largest share in the global fundus camera market owing to large number of products available in the market and its ability to screen glaucoma patients with light sensitivity. Carl Zeiss Meditec AG (VISUCAM PRO NM) and Kowa Optimed (non-mydiatric Alpha-D digital fundus camera) are few major players in fundus camera market. Mydriatric fundus camera held the second largest share in the market. The most significant disadvantage of mydriatric fundus is that it cannot be used on glaucoma and photosensitive patients. Hydrid fundus camera is projected to grow at fastest growth rate owing to combination of both technologies. Market participants are engaging in launch of hybrid fundus camera, making it the most lucrative product segment.
North America Dominated the Global Fundus Camera Market
In 2017, North America held the largest share in the global fundus camera market owing to growing awareness and prevalence of eye disorders. Factors such as growing incidence of degenerative diseases of eyes, aging baby boomer population, and increase in R&D activities in ophthalmology further drives the market. According to National Eye Institute (NEI) a part of NIH (National Institutes of Health) currently, 2.7 million Americans have glaucoma and it is estimated that 4.3 million will have glaucoma by 2030; 24 million Americans are affected by cataract; an estimated 38.7 million will be affected by cataract by 2030. Asia Pacific is expected to grow at fastest growth rate during the forecast period due to improving economic condition, rising healthcare awareness, and augmented investments made by key manufacturers in these emerging markets.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Fundus camera market report furnishes quantitative analysis along with its latest market trends. The market is segmented based on product type, end-user, and geography.
By Product Type (2016–2026; US$ Mn)
By End-User (2016 – 2026; Mn)
Geography Segment (2016–2026; US$ Mn)
Market is studied in order to understand the current dynamics and future trends in the global fundus camera market. The study includes market size and forecast for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rate (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in fundus camera market include Carl Zeiss Meditec, Inc., Optomed Oy, Kowa Company Ltd., Topcon Corporation, NIDEK Co., Ltd., Optovue Incorporated, CenterVue SpA, Clarity Medical Systems, Canon, Inc. among others. The market players are engaged in mergers and acquisition to strengthen geographic presence and enhance their distribution channel. For instance, Topcon Corporation India based acquired Mehra Eyetech a leading distributor of ophthalmic medical equipment in India.
Key questions answered in this report
Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Fundus Camera Market Portraiture
2.2. Global Fundus Camera Market, by Product Type, 2017 (US$ Mn)
2.3. Global Fundus Camera Market, by End-User, 2017 (US$ Mn)
2.4. Global Fundus Camera Market, by Geography, 2017 (US$ Mn)
Chapter 3. Fundus Camera: Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. Driver 1
3.2.2. Driver 2
3.3. Challenges
3.3.1. Challenge 1
3.3.2. Challenge 2
3.4. Opportunities
3.4.1. Opportunity 1
3.4.2. Opportunity 2
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Fundus Camera Market, by Key Players, 2017
Chapter 4. Global Fundus Camera Market, by Product Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Mydriatric Fundus Camera
4.3. Non-mydriatric Fundus Camera
4.4. Hybrid Fundus Camera
4.5. Retinopathy of Prematurity (ROP) Fundus Camera
Chapter 5. Global Fundus Camera Market, by End-User, 2016-2026 (US$ Mn)
5.1. Overview
5.2. Hospitals
5.3. Ophthalmology Clinics
5.4. Ophthalmic and Optometrist Offices
Chapter 6. Global Fundus Camera Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. North America Fundus Camera Market Analysis, 2016 – 2026
6.1.1. North America Fundus Camera Market, by Product Type, 2016 - 2026 (US$ Mn)
6.1.2. North America Fundus Camera Market, by End-User, 2016 - 2026 (US$ Mn)
6.1.3. North America Fundus Camera Market, by Country, 2016 – 2026 (US$ Mn)
6.1.3.1. U.S.
6.1.3.2. Canada
6.2. Europe Fundus Camera Market Analysis, 2016 – 2026
6.2.1. Europe Fundus Camera Market, by Product Type, 2016 - 2026 (US$ Mn)
6.2.2. Europe Fundus Camera Market, by End-User, 2016 - 2026 (US$ Mn)
6.2.3. Europe Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific Fundus Camera Market Analysis, 2016 – 2026
6.3.1. Asia Pacific Fundus Camera Market, by Product Type, 2016 - 2026 (US$ Mn)
6.3.2. Asia Pacific Fundus Camera Market, by End-User, 2016 - 2026 (US$ Mn)
6.3.3. Asia Pacific Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America Fundus Camera Market Analysis, 2016 – 2026
6.4.1. Latin America Fundus Camera Market, by Product Type, 2016 - 2026 (US$ Mn)
6.4.2. Latin America Fundus Camera Market, by End-User, 2016 - 2026 (US$ Mn)
6.4.3. Latin America Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa Fundus Camera Market, 2016 – 2026
6.5.1. Middle East & Africa Fundus Camera Market, by Product Type, 2016 - 2026 (US$ Mn)
6.5.2. Middle East & Africa Fundus Camera Market, by End-User, 2016 - 2026 (US$ Mn)
6.5.3. Middle East & Africa Fundus Camera Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa
Chapter 7. Company Profiles
7.1. Carl Zeiss Meditec, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Kowa Company Ltd.
7.3. Optomed Oy (Ltd.)
7.4. Optovue, Incorporated
7.5. CenterVue SpA
7.6. NIDEK Co., Ltd.
7.7. Topcon Corporation
7.8. Clarity Medical Systems, Inc.
7.9. Canon, Inc.
Note :
FIG 1. Fundus Camera Market: Research Methodology
FIG 2. Fundus Camera: Market Segmentation
FIG 3. Global Fundus Camera Market, by Product Type, 2017 (US$ Mn)
FIG 4. Global Fundus Camera Market, by End-User, 2017 (US$ Mn)
FIG 5. Global Fundus Camera Market, by Geography, 2017 (US$ Mn)
FIG 6. Attractive Investment Proposition, by Geography, 2017
FIG 7. Competitive Analysis: Global Fundus Camera Market, by Key Players, 2017
FIG 8. Global Mydriatric Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 9. Global Non-mydriatric Fundus Camera Market, 2016-2026(US$ Mn)
FIG 10. Global Hybrid Fundus Camera Market, 2016-2026(US$ Mn)
FIG 11. Global Retinopathy of Prematurity (ROP) Fundus Camera, 2016-2026(US$ Mn)
FIG 12. Global Hospital End-User in Fundus Camera Market, 2016-2026(US$ Mn)
FIG 13. Global Ophthalmology Clinics End-User in Fundus Camera Market, 2016-2026(US$ Mn)
FIG 14. Global Ophthalmic and Optometrist Offices End-User in Fundus Camera Market, 2016-2026(US$ Mn)
FIG 15. U.S. Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 16. Canada Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 17. U.K. Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 18. Germany Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 19. Rest of Europe Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 20. China Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 21. Japan Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 22. Rest of Asia Pacific Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 23. Brazil Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 24. Mexico Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 25. Rest of Latin America Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 26. GCC Fundus Camera Market, 2016-2026 (US$ Mn)
FIG 27. Rest of Middle East & Africa Fundus Camera Market, 2016-2026 (US$ Mn)
TABLE 1 Global Fundus Camera Market Portraiture
TABLE 2 Global Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 4 Global Fundus Camera Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 6 North America Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 7 North America Fundus Camera Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America Fundus Camera Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East & Africa Fundus Camera Market, by Product Type, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East & Africa Fundus Camera Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East & Africa Fundus Camera Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 20 Carl Zeiss Meditec, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Kowa Company Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Optomed Oy (Ltd.): Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Optovue, Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 CenterVue SpA: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 NIDEK Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Topcon Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Clarity Medical Systems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Canon, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
