Nonmydriatic Handheld Fundus Camera Market Analysis Report By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2018 - 2025
The global nonmydriatic handheld fundus camera market size is expected to reach USD 186.4 million by 2025, according to a new report by Grand View Research, Inc., registering a 9.1% CAGR during the forecast period. Increasing geriatric population has resulted in higher prevalence of age-related macular degeneration (AMD). Furthermore, rising incidence of diabetic retinopathy is expected to increase demand for ophthalmic screening devices, subsequently driving demand for nonmydriatic handheld fundus cameras.
According to laws and regulations by various medical devices agencies in U.S. as well as Japan, fundus imaging cameras must be replaced once in every four years. Hence, demand for these devices is likely to increase in these developed countries in the coming years. Supportive government regulations such as these are likely to have a positive impact on the nonmydriatic handheld fundus camera market.
Approximately 80.0% cases of blindness due to chronic diseases can be avoided by continuous and effective screening. Screening is the only way of detecting eye diseases at an early stage. In U.S., fundus photography procedures are covered by Medicare under CPT code 92250. Growing insurance coverage for such procedures is also likely to boost demand for handheld fundus cameras.
Further key findings from the report suggest:
According to laws and regulations by various medical devices agencies in U.S. as well as Japan, fundus imaging cameras must be replaced once in every four years. Hence, demand for these devices is likely to increase in these developed countries in the coming years. Supportive government regulations such as these are likely to have a positive impact on the nonmydriatic handheld fundus camera market.
Approximately 80.0% cases of blindness due to chronic diseases can be avoided by continuous and effective screening. Screening is the only way of detecting eye diseases at an early stage. In U.S., fundus photography procedures are covered by Medicare under CPT code 92250. Growing insurance coverage for such procedures is also likely to boost demand for handheld fundus cameras.
Further key findings from the report suggest:
- Demand for portable fundus cameras is expected to grow at a rapid rate due to its ergonomic design and user convenience. This is expected to contribute to the growth of the nonmydriatic handheld fundus camera market
- According to the National Eye Institute, the number of people suffering from diabetic retinopathy, aged 40 and above, in U.S. is estimated to reach 11.4 million by 2030
- North America held a majority market share in 2017 due to increasing prevalence of vision related disorders, growing awareness about their treatments, and technological advancements in digital medical devices
- Government initiatives being undertaken for quality, affordable, and speedy healthcare delivery are likely to drive the market. Medicare, for instance, covers the cost of cataract surgery, ocular prosthesis, and glaucoma screening
- Increasing number of product approvals in U.S. has led to adoption of improved technologies by ophthalmologists. For instance, Topcon Medical Systems received clearance for 3D OCT-1 Maestro from the U.S. FDA in July 2016
- Asia Pacific is anticipated to be one of the fastest growing regional markets over the forecast period due to presence of a large patient pool, improved healthcare services, and increasing medical tourism in the region
- Some of the key companies active in the market are Topcon Medical Systems, Inc.; Carl Zeiss Meditec Group; Optomed Oy (Ltd.); OptoVue, Inc.; NIDEK Co., Ltd.; Canon, Inc.; and Clarity Medical Systems, Inc.
CHAPTER 1 RESEARCH METHODOLOGY
1.1 Information Procurement
1.2 Data Analysis
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET SNAPSHOT
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Segmentation & Scope
4.1.1 Market Driver Analysis
4.1.1.1 Global rise in eye related disorders
4.1.1.2 Supportive governments regulations
4.1.2 Market Restraint Analysis
4.1.2.1 Competition from other developed technologies
4.1.2.2 Pricing pressure
4.2 Nonmydriatic Handheld Fundus Cameras - SWOT analysis, by factor (Political & legal, economic and technological)
4.3 Industry Analysis - Porter’s
4.4 Technology Trends and Future Aspects
CHAPTER 5 NONMYDRIATIC HANDHELD FUNDUS CAMERA MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1 Nonmydriatic Handheld Fundus Camera Market Share by Region, 2017 & 2025
5.2 North America
5.2.1 North America Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.2.2 U.S.
5.2.2.1 U.S. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.2.3 Canada
5.2.3.1 Canada nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.3 Europe
5.3.1 Europe Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.3.2 U.K.
5.3.2.1 U.K. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.3.3 Germany
5.3.3.1 Germany nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.4.2 Japan
5.4.2.1 Japan nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.4.3 China
5.4.3.1 China nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.5 Latin America
5.5.1 Latin America Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.5.2 Brazil
5.5.2.1 Brazil nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.5.3 Mexico
5.5.3.1 Mexico nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.6 Middle East & Africa (MEA)
5.6.1 MEA Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.6.2 South Africa
5.6.2.1 South Africa nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Strategy Framework
6.2 Company Profiles
6.2.1 Carl Zeiss Meditec, Inc.
6.2.1.1 Company overview
6.2.1.2 Financial performance
6.2.1.3 Product benchmarking
6.2.1.4 Strategic initiatives
6.2.2 Kowa Company Ltd.
6.2.2.1 Company overview
6.2.2.2 Financial performance
6.2.2.3 Product benchmarking
6.2.2.4 Strategic initiatives
6.2.3 Optomed Oy (Ltd.)
6.2.3.1 Company overview
6.2.3.2 Financial performance
6.2.3.3 Product benchmarking
6.2.3.4 Strategic initiatives
6.2.4 Optovue, Incorporated
6.2.4.1 Company overview
6.2.4.2 Product benchmarking
6.2.4.3 Strategic initiatives
6.2.5 CenterVue SpA
6.2.5.1 Company overview
6.2.5.2 Product benchmarking
6.2.5.3 Strategic initiatives
6.2.6 NIDEK Co., Ltd.
6.2.6.1 Company overview
6.2.6.2 Financial performance
6.2.6.3 Product benchmarking
6.2.6.4 Strategic initiatives
6.2.7 Topcon Medical Systems, Inc.
6.2.7.1 Company overview
6.2.7.2 Financial performance
6.2.7.3 Product benchmarking
6.2.7.4 Strategic initiatives
6.2.8 Clarity Medical Systems, Inc.
6.2.8.1 Company overview
6.2.8.2 Product benchmarking
6.2.8.3 Strategic initiatives
6.2.9 Canon, Inc.
6.2.9.1 Company overview
6.2.9.2 Financial performance
6.2.9.3 Product benchmarking
6.2.9.4 Strategic initiatives
1.1 Information Procurement
1.2 Data Analysis
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET SNAPSHOT
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Segmentation & Scope
4.1.1 Market Driver Analysis
4.1.1.1 Global rise in eye related disorders
4.1.1.2 Supportive governments regulations
4.1.2 Market Restraint Analysis
4.1.2.1 Competition from other developed technologies
4.1.2.2 Pricing pressure
4.2 Nonmydriatic Handheld Fundus Cameras - SWOT analysis, by factor (Political & legal, economic and technological)
4.3 Industry Analysis - Porter’s
4.4 Technology Trends and Future Aspects
CHAPTER 5 NONMYDRIATIC HANDHELD FUNDUS CAMERA MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1 Nonmydriatic Handheld Fundus Camera Market Share by Region, 2017 & 2025
5.2 North America
5.2.1 North America Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.2.2 U.S.
5.2.2.1 U.S. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.2.3 Canada
5.2.3.1 Canada nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.3 Europe
5.3.1 Europe Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.3.2 U.K.
5.3.2.1 U.K. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.3.3 Germany
5.3.3.1 Germany nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.4.2 Japan
5.4.2.1 Japan nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.4.3 China
5.4.3.1 China nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.5 Latin America
5.5.1 Latin America Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.5.2 Brazil
5.5.2.1 Brazil nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.5.3 Mexico
5.5.3.1 Mexico nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
5.6 Middle East & Africa (MEA)
5.6.1 MEA Nonmydriatic Handheld Fundus Camera Market, 2014 - 2025 (USD Million)
5.6.2 South Africa
5.6.2.1 South Africa nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Strategy Framework
6.2 Company Profiles
6.2.1 Carl Zeiss Meditec, Inc.
6.2.1.1 Company overview
6.2.1.2 Financial performance
6.2.1.3 Product benchmarking
6.2.1.4 Strategic initiatives
6.2.2 Kowa Company Ltd.
6.2.2.1 Company overview
6.2.2.2 Financial performance
6.2.2.3 Product benchmarking
6.2.2.4 Strategic initiatives
6.2.3 Optomed Oy (Ltd.)
6.2.3.1 Company overview
6.2.3.2 Financial performance
6.2.3.3 Product benchmarking
6.2.3.4 Strategic initiatives
6.2.4 Optovue, Incorporated
6.2.4.1 Company overview
6.2.4.2 Product benchmarking
6.2.4.3 Strategic initiatives
6.2.5 CenterVue SpA
6.2.5.1 Company overview
6.2.5.2 Product benchmarking
6.2.5.3 Strategic initiatives
6.2.6 NIDEK Co., Ltd.
6.2.6.1 Company overview
6.2.6.2 Financial performance
6.2.6.3 Product benchmarking
6.2.6.4 Strategic initiatives
6.2.7 Topcon Medical Systems, Inc.
6.2.7.1 Company overview
6.2.7.2 Financial performance
6.2.7.3 Product benchmarking
6.2.7.4 Strategic initiatives
6.2.8 Clarity Medical Systems, Inc.
6.2.8.1 Company overview
6.2.8.2 Product benchmarking
6.2.8.3 Strategic initiatives
6.2.9 Canon, Inc.
6.2.9.1 Company overview
6.2.9.2 Financial performance
6.2.9.3 Product benchmarking
6.2.9.4 Strategic initiatives
LIST OF TABLES
Table 1 Retinal imaging technologies
Table 2 Market players in North America
Table 3 North America nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 4 Market players in Europe
Table 5 Europe nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 6 Market players in Asia Pacific
Table 7 Asia Pacific nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 8 Market players in Latin America
Table 9 Latin America nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 10 Market players in MEA
Table 11 MEA nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 1 Retinal imaging technologies
Table 2 Market players in North America
Table 3 North America nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 4 Market players in Europe
Table 5 Europe nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 6 Market players in Asia Pacific
Table 7 Asia Pacific nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 8 Market players in Latin America
Table 9 Latin America nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
Table 10 Market players in MEA
Table 11 MEA nonmydriatic handheld fundus camera market, by country, 2014 - 2025 (USD Million)
LIST OF FIGURES
Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value Chain Based Sizing & Forecasting
Fig. 6 QFD modelling for market share assessment
Fig. 7 Market summary, 2017 (USD Million)
Fig. 8 Market trends & outlook
Fig. 9 Market segmentation & scope
Fig. 10 Market driver relevance analysis (Current & future impact)
Fig. 11 Global geriatric population, 2012 - 2022 (Million)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 SWOT analysis, by factor (Political & legal, economic and technological)
Fig. 14 Porter’s Five Forces Analysis
Fig. 15 Regional market place: key takeaways
Fig. 16 Regional outlook, 2017 & 2025
Fig. 17 North America nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 18 U.S. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 19 Canada nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 20 Europe nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 21 U.K. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 22 Germany nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 23 Asia Pacific nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 24 Japan nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 25 China nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 26 Latin America nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 27 Brazil nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 28 Mexico nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 29 MEA nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 30 South Africa nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 31 Strategy framework
Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value Chain Based Sizing & Forecasting
Fig. 6 QFD modelling for market share assessment
Fig. 7 Market summary, 2017 (USD Million)
Fig. 8 Market trends & outlook
Fig. 9 Market segmentation & scope
Fig. 10 Market driver relevance analysis (Current & future impact)
Fig. 11 Global geriatric population, 2012 - 2022 (Million)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 SWOT analysis, by factor (Political & legal, economic and technological)
Fig. 14 Porter’s Five Forces Analysis
Fig. 15 Regional market place: key takeaways
Fig. 16 Regional outlook, 2017 & 2025
Fig. 17 North America nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 18 U.S. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 19 Canada nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 20 Europe nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 21 U.K. nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 22 Germany nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 23 Asia Pacific nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 24 Japan nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 25 China nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 26 Latin America nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 27 Brazil nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 28 Mexico nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 29 MEA nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 30 South Africa nonmydriatic handheld fundus camera market, 2014 - 2025 (USD Million)
Fig. 31 Strategy framework
