Home Argentina market By 2027, the Ophthalmoscope Market is expected to

By 2027, the Ophthalmoscope Market is expected to

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Chicago, June 17, 2022 (GLOBE NEWSWIRE) — According to the latest research report from Arizton, the ophthalmoscope market is expected to grow at a CAGR of 5.69% during the period 2022-2027. Ophthalmoscopes are portable eye examination equipment used to inspect the retina and other parts of the eye. Ophthalmoscopes allow direct observation of the retina, a technique known as fundoscopy. Technological advancements and widespread applications of ophthalmoscopes will open new avenues for growth.

Scope of the Ophthalmoscopes Market Report

Report attributes Details
MARKET SIZE (2027) $73.90 million
MARKET SIZE (2021) $53.02 MILLION
CAGR (2022-2027) 5.69%
YEAR OF REFERENCE 2021
FORECAST YEAR 2022-2027
LARGEST MARKET North America
MARKET SEGMENTS Type, indication and end user
GEOGRAPHICAL ANALYSIS North America, Europe, APAC, Latin America, Middle East and Africa
COUNTRIES COVERED United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentina, Turkey, South Africa and Saudi Arabia

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Highlights

  • The global ophthalmoscope market is segmented into direct ophthalmoscopes and indirect ophthalmoscopes. The direct ophthalmoscope segment accounted for about 60% of the highest market share in 2021 and dominates the indirect ophthalmoscope segment.
  • Glaucoma segment led the market with around 32% market share in 2021. Diabetic retinopathy segment accounted for 23% market share in 2021. Diabetic retinopathy is one of the growing indication segments fast with a CAGR of 6.26%, which is largely driving the demand for advanced ophthalmoscopes in the market.
  • In 2021, the eye clinic and hospital segment dominated the eye testing equipment market with more than 55% market share, and it is likely to continue to do so during the forecast period.
  • North America is the major potential market for ophthalmoscopes owing to the high expenditures, presence of well-established eye care services, and awareness among the aging population. increasing prevalence of eye disorders such as diabetic retinopathy, glaucoma and cataracts.

Ophthalmoscope Market segmentation

Type

Indication

  • Glaucoma
  • Diabetic retinopathy
  • Macular degeneration
  • Retinal detachment
  • Other

Final user

  • Eye clinics and hospitals
  • Ophthalmologist and Optometrist
  • Ambulatory surgery centers

Geography

  • North America
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
  • Middle East and Africa
    • Turkey
    • South Africa
    • Saudi Arabia

Strategies adopted by vendors in the Ophthalmoscope market

Emerging players in the ophthalmoscope market are driving the market to grow steadily. An increase in eye disorders and a large and targeted population lead to strong competition among major vendors. The innovative products and technologies of the emerging companies pose a threat to the growth of the global players, indicating that the market offers huge growth opportunities for the existing and future players. Vendors are focusing on developing new advanced ophthalmoscopes for diagnostic practices. For example, in 2019, Nidek launched the Mirante scanning laser ophthalmoscope. The device is a multimodal fundus imaging platform that combines a high-definition scanning laser ophthalmoscope and optical coherence tomography with ultra-widefield imaging.

Key players

  • Heine USA Ltd
  • Dino Lite Europe
  • Iridex Corporation
  • Halma
  • Nidek Co.Ltd.
  • Oscar Boscarol Srl
  • Rudolf Riester GmbH
  • American Ophthalmic

Other Important Suppliers

  • Albert Waeschle
  • American Diagnostic Society
  • Shanghai Bolan Optical Electric Co Ltd
  • Carl Zeiss
  • Ellex
  • Essilor International (Essilor Instruments USA)
  • Heidelberg Engineering
  • Invotech Excel
  • Medline Industries LP
  • Neitz Instruments Co Ltd
  • Suzhou Kangjie Medical Inc
  • Spengler
  • Topcon Co.Ltd
  • Lumenis
  • Zumax Medical
  • 66 Vision Tech
  • Zhejiang Honsun Medical Technologies Co.Ltd

Contents

1 Research methodology

2 research objectives

3 Research process

4 Scope and coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.1.3 Caveats regarding market estimation

4.2 Reference year

4.3 Scope of the study

4.3.1 Market Segmentation by Type

4.3.2 Market Segmentation by Indication

4.3.3 Market Segmentation by End User

4.3.4 Market Segmentation by Geography

5 Report assumptions and caveats

5.1 Main caveats

5.2 Currency conversion

5.3 Market Derivation

6 The market at a glance

7 Presentation

7.1 Overview

8 Market Opportunities and Trends

8.1 Technological Advancements and New Applications of Ophthalmoscopes

8.2 Government eye care initiatives

8.3 Higher Growth Opportunities in Emerging Markets

9 Market Growth Catalysts

9.1 Rise in Awareness of Eye Care Services in Developed Countries

9.2 Increased prevalence of eye disorders and surgical procedures

9.3 Advent of advanced ophthalmoscopes

9.4 Increase in the population of patients with eye disorders

10 Market Restrictions

10.1 Lack of Eye Care Services in Emerging Markets

10.2 Shortage of ophthalmologists in developing countries

10.3 Strict regulations and product recalls

11 Market landscape

11.1 Market Overview

11.2 Market Size and Forecast

11.2.1 Overviews by Geography

11.2.2 Information by Type

11.2.3 Overviews by indication

11.2.4 Information by end user

11.3 Five forces analysis

11.3.1 Threat of new entrants

11.3.2 Bargaining Power of Suppliers

11.3.3 Bargaining power of buyers

11.3.4 Threat of Substitutes

11.3.5 Competitive Rivalry

12 types

12.1 Market Overview and Growth Driver

12.2 Market Overview

12.3 Direct ophthalmoscope

12.3.1 Market Overview

12.3.2 Market Size and Forecast

12.3.3 Market by Geography

12.4 Indirect ophthalmoscope

12.4.1 Market Overview

12.4.2 Market Size and Forecast

12.4.3 Market by Geography

13 Display

13.1 Market Overview and Growth Driver

13.2 Market Overview

13.3 Glaucoma

13.3.1 Market Overview

13.3.2 Market Size and Forecast

13.3.3 Market by Geography

13.4 Diabetic retinopathy

13.4.1 Market Overview

13.4.2 Market Size and Forecast

13.4.3 Market by Geography

13.5 Age-related macular degeneration

13.5.1 Market Overview

13.5.2 Market Size and Forecast

13.5.3 Market by Geography

13.6 Retinal detachment

13.6.1 Market Overview

13.6.2 Market Size and Forecast

13.6.3 Market by Geography

13.7 Others

13.7.1 Market Overview

13.7.2 Market Size and Forecast

13.7.3 Market by Geography

14 End user

14.1 Market Overview and Growth Driver

14.2 Market Overview

14.3 Eye clinics and hospitals

14.3.1 Market Overview

14.3.2 Market Size and Forecast

14.3.3 Market by Geography

14.4 Ophthalmologists and Optometrists

14.4.1 Market Overview

14.4.2 Market Size and Forecast

14.4.3 Market by Geography

14.5 Ambulatory surgery centers

14.5.1 Market Overview

14.5.2 Market Size and Forecast

14.5.3 Market by Geography

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