Dublin, Nov. 25, 2024 (GLOBE NEWSWIRE) — The “Fundus Camera Market Global Forecast Report by Product Type, End-User, Countries and Company Analysis 2025-2033” report has been added to ResearchAndMarkets.com’s offering.
The Fundus Camera market was valued at US$459.40 million in 2024 and is anticipated to hit US$665.85 million by 2033 from 2025 to 2033 with a compound annual growth rate of 4.21%. The primary reason for this growth stems from the demand for more developed diagnostics within the eyes, mainly because of retinal disorders that have been on the rise across the globe.
A fundus camera is a medical imaging device specific in the application of ophthalmology to capture high resolution images of the internal eye, with emphasis on the retina, optic disc, and macula. It illuminates and photographs the retina through the pupil to provide critical details necessary for diagnostics and management procedures in various eye conditions.
Fundus cameras thus play an instrumental role in detecting retinal disorders including diabetic retinopathy, glaucoma, age-related macular degeneration, and retinal detachment. These conditions often progress in a gradual manner but may go unnoticed until they start impairing vision seriously. In that case, early detection via the use of fundus photography will give time to intervene before more serious vision loss takes place. There are mydriatic, non-mydratic, and hybrid types available, and there are also handheld or portable types for easier access. Apart from diagnosis, follow up of disease progression and effectiveness of the treatment being provided makes fundus imaging a tool more essential in eye care.
Growth Drivers for the Fundus Camera Market
Increasing Prevalence of Eye Disorders and Aging Population
Aging population and increased incidence of age-related eye disorders, including glaucoma, diabetic retinopathy, and macular degeneration, are seen as a great driver for the fundus camera market. Fundus cameras are essential in diagnosing and following such diseases, thereby offering opportunities for early treatment intervention that can improve patient outcomes.
The World Health Organization reports tremendous growths in the elderly populations. Together with that comes a need for effective diagnostic apparatuses. This will create a steady demand for fundus cameras especially in countries which are aging rapidly. More than 2.2 billion people suffer from vision impairments, and at least 1 billion of these cases are preventable or untreated, the WHO indicates as of August 2023.
Technological Advancements in Imaging and Accessibility
Continuous innovation in imaging technology has transformed fundus cameras, making them more efficient and accessible. As every year goes by, newer and more modern models become much more efficient, thereby making detailed analysis possible and easily sharable with the aid of EHR integration. They offer higher resolution and even 3D imaging. Excellent for diagnosing ocular conditions, portable and handheld devices like fundus cameras can be used in remote and underserved areas.
Innovations such as these help health care providers perform retinal examinations in various settings, providing easy access to eye care. Widespread adoption around the world of modern devices has been observed, further fueling market growth and increasing the scope of services offered in the eye care setting. In January 2023, Topcon Healthcare launched “”NW500,”” a user-friendly robotic fundus camera, to produce sharp-quality images and augment workflow in diagnostic labs, improving the patient experience and allowing for image acquisition in adequately lit settings.
Growing Awareness of Preventive Eye Care
Growing awareness about preventive eye care among the population as well as healthcare providers increases the demand for fundus cameras. With more public health initiatives on vision health, most people are encouraged to have regular eye exams so that conditions are caught early. High-risk patients are urged to have routine retinal screenings by organizations like the American Academy of Ophthalmology.
Fundus cameras are increasingly being implemented not only in specialty eye clinics but also in primary care settings supporting earlier diagnosis and on-going monitoring, which in turn, contributes to the market growth. World Sight Day 2024 is on 10 Oct. The theme for World Sight Day 2024 is “”Children, Love Your Eyes by WHO.””
Canada Fundus Camera Market
The Canada Fundus Camera Market is growing steadily with the increasing population of elderlies and the increasing prevalence of chronic eye conditions such as diabetic retinopathy and glaucoma. It also has an expanding demand for complex diagnostic equipment, like fundus cameras, since more Canadians are seeking eye care services. Motivation among people towards early diagnosis and preventive treatment of eyes will be achieved by the healthcare programs of Canada, thus enhancing the usage of fundus cameras in clinical setups.
Additionally, the growth in the market will be due to portable and hand-held cameras, which open up access to remote or underserved regions. The Canada Fundus Camera Market is expected to witness a steady growth path in the future years ahead, due to the fact that the healthcare providers are growing ever increasingly implementation of advanced imaging solutions.
France Fundus Camera Market
Continued elderly population and increased cases of age-related eye diseases, such as macular degeneration and glaucoma, are the primary driving factors for France Fundus Camera Market. The pre-evolution of preventive health care and regular check-ups regarding vision have resulted in an increased demand for clinical environments for fundus cameras in France.
In fact, the government healthcare scheme supports early detection and treatment for any eye disease condition. Also, portable and high-resolution fundus cameras have brought retinal diagnostics within an accessible range in urban as well as in rural areas, which will help the France Fundus Camera Market to grow steadily over the coming years.
China Fundus Camera Market
The China fundus camera market has been displaying a growing trend for a number of years primarily due to the graying population of the nation and mounting diabetes-related eye diseases like diabetic retinopathy. Moreover, development in the healthcare structure and huge investment in newer medical technologies boosts the market growth.
The awareness campaigns of the government at both the metropolitan and rural levels for the prevention and care of various eye diseases propel frequent retinal screening. In terms of technology, progress features portable and AI-integrated fundus cameras. This is reaching more underserved regions and making diagnostic tools even more accessible. All these factors give a good reason for the future growth of China’s market for fundus cameras.
UAE Fundus Camera Market
The UAE Fundus Camera market is growing along the path of increased awareness towards eye health and increasing cases of diabetes associated with eye diseases like diabetic retinopathy. Advances in health technology and greater concentration on preventive care have increased the demand for fundus cameras-the devices used to detect retinal diseases at an early stage of their progress.
Government healthcare awareness programs, which promote regular eye checkup, help expand demand across urban and rural regions. Upgrades to lightweight and AI-based fundus cameras will further increase accessibility, making the market in UAE grow steadily as advanced eye diagnostics are anticipated to be in more demand.
Key Attributes:
Report Attribute | Details |
No. of Pages | 100 |
Forecast Period | 2024 – 2033 |
Estimated Market Value (USD) in 2024 | $459.4 Million |
Forecasted Market Value (USD) by 2033 | $665.85 Million |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
5. Global Fundus Camera Market
6. Market Share Analysis
7. Product Type
8. End-User
9. Countries
10. Porter’s Five Forces Analysis
11. SWOT Analysis
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