Fundus Camera Market, by Product Type (Mydriatic Fundus, Non Retractable Fundus, Hybrid Fundus Cameras, Retinopathy of Prematurity (ROP) Fundus Cameras), by Modality (Stationary/Tabletop, Mobile), by End User (Hospitals, Ophthalmology Clinics, Ophthalmic and Optometrist Offices, Others ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, And Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
The fundus camera is a tool used in fundus photography. Fundus photography captures images of the retina, optic nerve head, macula, retinal blood vessels, choroid, and vitreous. Fundus photography aids in the detection and screening of a variety of treatable and preventable blindness conditions, including diabetic retinopathy, age-related macular degeneration, glaucoma, and retinopathy of prematurity.
Market Dynamics
Increasing number of product launches by market key players is expected to propel the market growth over forecast period. For instance, in April 2021, Samsung, a multinational electronics corporation launched device called the Eyelike fundus camera. The new device is developed under the Galaxy Upcycling program that aims to repurpose company’s older Samsung Galaxy smartphones into medical diagnosis cameras. The newly launched Eyelike fundus camera connects to a lens attachment and uses an artificial intelligence (AI) algorithm on older Samsung Galaxy smartphones to analyze and diagnose the images for ophthalmic diseases.
Moreover, in October 2022, Topcon, a manufacturer of optical equipment, launched NW500 Non-Mydriatic Retinal Camera. NW500 Non-Mydriatic Retinal Camera is fully-automatic, non-mydriatic retinal camera that delivers reliable, sharp-quality imaging with enhanced capability.
Increasing prevalence of diabetic retinopathy is expected to drive growth of market over the forecast period. For instance, according to The Lancet Global Health, October 2022, a multicentre cross-sectional screening study was performed for diabetic retinopathy in people aged 40 years or older in ten Indian states and one union territory between Dec 20, 2018, and March 20, 2020. It was found that approximately 3 million people aged 40 years or older have VTDR (vision-threatening diabetic retinopathy) in India.
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