Fundus Cameras Market to Reach Valuation of US$ 810.4 Mn by 2027, Says TMR

2022-04-12 09:06:06 By : Ms. Vicky Zhang

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ALBANY , N.Y.  , April 11, 2022 /PRNewswire/ -- The fundus camera market is projected to expand at a CAGR of 5.6% over the forecast period from 2021 to 2028. The high prevalence of common ocular disorders such as glaucoma and diabetic retinopathy that affect the quality of life of patients drives the growth of the fundus cameras market. Retinal detachment, age related macular degeneration, and glaucoma are classified as priority ocular disorders that impels demand for various ophthalmology platforms.

Fundus photography comprises one of the indispensable ocular technologies that facilitate imaging of retina and sub retina that covers the inner surface of the eye. Fundus cameras work on the principles of the fundus photography that enables the diagnosis and monitoring of several ocular disorders such as diabetic retinopathy, age-related macular degeneration, and glaucoma.

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In addition, paired optic disk images, fundus imaging, external photograph, and fluorescin angiography are some other application areas of fundus cameras.

Nonetheless, the scope of development of advanced products remains high in the fundus cameras market. The saturation of demand in the fundus cameras market due to technological obsolescence, especially that of mydriatic fundus cameras necessitates advent of novel products.

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Fundus Camera Market – Key Findings of Report

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Fundus Camera Market – Growth Drivers

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Fundus Camera Market – Key Players

Some of the key players operating in the fundus camera market are;

The fundus cameras market is segmented as follows;

Fundus Camera Market, by Product Type

Fundus Camera Market, by Portability

Fundus Camera Market, by End-user

Fundus Camera Market, by Region

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Medical Sensors Market: Global medical sensors market was valued at US$ 15.23 Bn in 2020 and is projected to expand at a CAGR of 9.9% from 2021 to 2028. Medical sensors are used to make medical devices more effective and simple to operate. Recent technological advancements in medical sensors enhance the use of smart sensors for various diseases and conditions.

Skin Care Devices Market: The global skincare devices market was valued at US$ 11.4 Bn in 2020 and is projected to expand at a CAGR of 9.9% from 2021 to 2028. Skincare devices are gaining importance not only because of extensive usage in aesthetics, but also due to increase in incidence of skin disorders globally.

Intraocular Lens Market: The global intraocular lens market was valued at US$ 3.9 Bn in 2020 and is projected to expand at a CAGR of 4.9% from 2021 to 2028. Intraocular lens is a lens implanted in the eye for treatment of cataract, an eye disease characterized by clouding of the natural lens, which is replaced by the new intraocular lenses. Intraocular lenses are available in different forms depending upon physical properties and functionality.

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