Global Ophthalmoscopes Market Size study & Forecast, by Type (Direct, Indirect) by Application (Diabetic Retinopathy, Macular Degeneration, Retinal Repair, Glaucoma, Others), by End Use (Hospitals, Ophthalmic Clinics and Others) and Regional Analysis, 202

Global Ophthalmoscopes Market Size study & Forecast, by Type (Direct, Indirect) by Application (Diabetic Retinopathy, Macular Degeneration, Retinal Repair, Glaucoma, Others), by End Use (Hospitals, Ophthalmic Clinics and Others) and Regional Analysis, 2022-2029

Global Ophthalmoscopes Market is valued at approximately USD 230.02 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2022-2029. Ophthalmoscopy, also referred to as fundoscopy, is a procedure carried out as part of an eye checkup that uses an ophthalmoscope to inspect the interior of the fundus of the eye. A narrow beam of light focused into the patient's pupil by an ophthalmoscope enables the healthcare professional to identify any abnormalities in the lens, vitreous fluid, optic disc, and retina. A light source, an eyepiece, a battery handle, and an aperture selector are the essential components of an ophthalmoscope. The Ophthalmoscopes market is expanding because of factors such as the increasing prevalence of eye diseases and the growing geriatric population.
The burden of eye disease is rising dramatically on a global scale. According to the National Eye Institute, Advance Age-Related Muscle Degeneration (AMD), which affects 2.1 million Americans as of 2014, is expected to reach 3.7 million by 2030. In addition, A WHO report from 2022 predicts that 2.2 billion individuals around the world have near- or farsightedness. Further, The American Academy of Ophthalmology estimates that 2 million cataract operations are performed annually in the United States. Along with these, advancements in technology and the growing incidence of ophthalmic diseases are creating a new opportunities for the market. However, the high cost of ophthalmoscopes may halt market growth.

The key regions considered for the Global Ophthalmoscopes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region's increasing disease prevalence. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government organizations in the market space.

Major market player included in this report are:
Welch Allyn
Keeler Ltd.co
Zumax medical co. ltd
Albert Waeschle Ltd
Neitz Instruments Co., Ltd.
US Ophthalmic
Heine USA Ltd
HONSUN Group
Rudolf Riester GmbH
Dino-Lite Europe

Recent Developments in the Market:
 In August 2019, NIDEK CO., LTD. announced the introduction of the MIRANTE scanning laser ophthalmoscope. The product helps to get a better image of the retinal anatomy and vascular.
 In April 2021, The Hill-Rom Corporation released the 20X larger viewing area Welch Allyn PanOptic plus Ophthalmoscope.

Global Ophthalmoscopes Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Typeofferings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Direct
Indirect

By Application:
Diabetic Retinopathy
Macular Degeneration
Retinal Repair
Glaucoma
Others

By End Use:
Hospitals
Ophthalmic Clinics
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned
Welch Allyn
Keeler Ltd.co
Zumax medical co. ltd
Albert Waeschle Ltd
Neitz Instruments Co., Ltd.
US Ophthalmic
Heine USA Ltd
HONSUN Group
Rudolf Riester GmbH
Dino-Lite Europe

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