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29-Aug-2023

U.S. Fundus Camera Market to Grow at a 4.2% CAGR Due to Technological Innovations – 2030

What is the U.S. Fundus Camera Market size?

The U.S. fundus camera market was valued at $124.56 Million in 2020, and is estimated to reach $191.76 Million by 2030, growing at a CAGR of 4.2% from 2021 to 2030. The study analyzes the important strategies, drivers, competition, market dynamics, size, and important investment regions.

Alarming rise in prevalence eye diseases, increase in geriatric population and advancement in fundus camera are expected to notably contribute toward the growth of the global U.S. fundus camera market during the forecast period.

The global U.S. Fundus Camera Market report summarizes market developments, competitor analysis, and future market and technological predictions. The report also assists the major market players in increasing their market share and maintaining their competitive position in the sector. It does this by highlighting the U.S. Fundus Camera Market from 2022 to 2030.

Additionally, it offers a qualitative analysis of a range of factors, such as the strategies employed by significant rivals, implicit possibilities, immediate impact on market size, regulatory framework, and economic influence. Significant investments are also included in the market research, on which stakeholders can base their CAGR and relative U.S. Fundus Camera Market.

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Research Methodology

The research operandi of the U.S. Fundus Camera Market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

U.S. Fundus Camera Market Scope

Report Attribute Details
Market Size Value in 2020 US$ 124.56 Million
Revenue Forecast in 2031 US$ 191.76 Million
CAGR 4.2%
Base Year for Estimation 2020
Forecast Period 2021 to 2030
Historical Year 2020
Segments Covered Component, Technology, Functionality, Application, End User, and Region
Regional Scope North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Key Market Segments:

By Product

  • Mydriatic Fundus Cameras
  • Non-Mydriatic Fundus Cameras
  • Hybrid Fundus Cameras
  • ROP Fundus Cameras

By Portability

  • Handheld
  • Tabletop

By End User

  • Hospital
  • Ophthalmology
  • Clinics Others

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Depending on end user, the U.S. fundus camera market is segregated into hospital, ophthalmology clinics, and others (ophthalmic & optometrist offices). The hospitals segment led the market in 2020, and is anticipated to maintain its lead during the forecast period. This is attributed to increased acceptance by optometrists for primary eye care, and attendance of well-equipped hospitals in developing countries.

Key Findings Of Study

  • On the basis of products, the non-mydriatic cameras segment was the highest contributer in 2020.
  • Depending on portability, the tabletop segment dominated the market in 2020.
  • By end user, the hospitals segment is projected to grow at a significant CAGR of 3.7% from 2021 to 2030.
  • Region wise, North America garnered the largest revenue share in 2020, whereas Asia is anticipated to grow at the highest CAGR during the forecast period.

Competitive Landscape

  • Bosch group
  • Canon Inc.
  • Carl Zeiss
  • Meditec Inc.
  • Kowa Company, Ltd.
  • Nidek Co., Ltd.
  • Optomed OY Ltd.
  • Optovue Incorporated
  • Revenio Group Corporation
  • Samsung Electronics Co. Ltd.
  • Topcon Corporation

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  • Blanket coverage on competitive landscape

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Last Updated: 29-Aug-2023