The global fundus cameras market size was estimated to be USD 359.7 million in 2023 and is expected to reach USD 702.2 million by 2034 with a CAGR of 6.27% during the forecast period 2024-2034. The market will increase as a result of rising healthcare awareness, government initiatives, technological advancements, the increasing prevalence of eye-related disorders, and integration with telemedicine.
The world's aging population is increasing the risk of cataracts, glaucoma, and age-related macular degeneration, all of which need fundus checks. In addition to increased diabetes rates, diabetic retinopathy-a consequence of the disease-is becoming more common, which is driving up demand for fundus cameras for early identification and management. For instance, in December 2023, Carl Zeiss Meditec AG introduced the Clarus 500M, a non-mydriatic fundus camera that is portable and uses artificial intelligence (AI) to analyze images to detect diseases early on.
By product, the non-mydriatic fundus cameras segment accounted for the highest revenue-grossing segment in the global fundus cameras market in 2023 owing to the increasing adoption of non-mydriatic fundus cameras by healthcare professionals and facilities, driven by their advantages in patient comfort, ease of use, and the elimination of the need for pupil dilation. For instance, in November 2023, Canon Inc. and Topcon Corporation partnered to develop and sell fundus cameras with artificial intelligence (AI) for customized glaucoma treatment. Additionally, the hybrid fundus cameras segment is predicted to grow at the fastest CAGR during the forecast period owing to the integration of advanced imaging technologies, such as optical coherence tomography (OCT) and fluorescein angiography, in hybrid fundus cameras.
By end-user, the ophthalmic & optometrist Offices segment accounted for the highest revenue-grossing segment in the global fundus cameras market in 2023 owing to the rising patient footfall in ophthalmic and optometrist offices, where fundus cameras are extensively utilized for routine eye examinations, disease diagnosis, and monitoring. For instance, in October 2023, Nidek Co., Ltd. received FDA authorization for its ultra-widefield fundus camera, Navis-EX, a portable device that allows for thorough retinal exams. Additionally, the hospital segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising recognition of the critical role played by hospitals in comprehensive eye care and the increasing incorporation of fundus cameras into hospital-based diagnostic and treatment protocols.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust healthcare infrastructure, increased prevalence of chronic eye diseases, and a well-established regulatory framework promoting the adoption of advanced medical technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to increasing healthcare investments, a growing geriatric population, and rising awareness regarding eye health. for instance, In August 2023, Topcon Corporation announced the release of the TRC-50DX retinal camera, which has an integrated OCT for simultaneous fundus imaging and angiography, hence increasing diagnostic efficiency.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
The world's aging population is increasing the risk of cataracts, glaucoma, and age-related macular degeneration, all of which need fundus checks. In addition to increased diabetes rates, diabetic retinopathy-a consequence of the disease-is becoming more common, which is driving up demand for fundus cameras for early identification and management. For instance, in December 2023, Carl Zeiss Meditec AG introduced the Clarus 500M, a non-mydriatic fundus camera that is portable and uses artificial intelligence (AI) to analyze images to detect diseases early on.
By product, the non-mydriatic fundus cameras segment accounted for the highest revenue-grossing segment in the global fundus cameras market in 2023 owing to the increasing adoption of non-mydriatic fundus cameras by healthcare professionals and facilities, driven by their advantages in patient comfort, ease of use, and the elimination of the need for pupil dilation. For instance, in November 2023, Canon Inc. and Topcon Corporation partnered to develop and sell fundus cameras with artificial intelligence (AI) for customized glaucoma treatment. Additionally, the hybrid fundus cameras segment is predicted to grow at the fastest CAGR during the forecast period owing to the integration of advanced imaging technologies, such as optical coherence tomography (OCT) and fluorescein angiography, in hybrid fundus cameras.
By end-user, the ophthalmic & optometrist Offices segment accounted for the highest revenue-grossing segment in the global fundus cameras market in 2023 owing to the rising patient footfall in ophthalmic and optometrist offices, where fundus cameras are extensively utilized for routine eye examinations, disease diagnosis, and monitoring. For instance, in October 2023, Nidek Co., Ltd. received FDA authorization for its ultra-widefield fundus camera, Navis-EX, a portable device that allows for thorough retinal exams. Additionally, the hospital segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising recognition of the critical role played by hospitals in comprehensive eye care and the increasing incorporation of fundus cameras into hospital-based diagnostic and treatment protocols.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust healthcare infrastructure, increased prevalence of chronic eye diseases, and a well-established regulatory framework promoting the adoption of advanced medical technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to increasing healthcare investments, a growing geriatric population, and rising awareness regarding eye health. for instance, In August 2023, Topcon Corporation announced the release of the TRC-50DX retinal camera, which has an integrated OCT for simultaneous fundus imaging and angiography, hence increasing diagnostic efficiency.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Fundus Cameras Market Report 2023 - 2034
Fundus Cameras Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Mn)
- Mydriatic Fundus Cameras
- Tabletop
- Handheld
- Non-mydriatic Fundus Cameras
- Tabletop
- Handheld
- Hybrid Fundus Cameras
- ROP Fundus Cameras
Fundus Cameras Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Mn)
- Hospitals
- Ophthalmology Clinics
- Ophthalmic & Optometrist Offices
Fundus Cameras Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Mn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Fundus Cameras Market: Product Estimates & Trend Analysis
8. Fundus Cameras Market: End-User Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Fundus Cameras Market
11. Europe Global Fundus Cameras Market
12. Asia Pacific Global Fundus Cameras Market
13. Latin America Global Fundus Cameras Market
14. MEA Global Fundus Cameras Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Carl Zeiss Meditec AG
- Canon Inc.
- Nidek Co. Ltd.
- Optovue Inc.
- Topcon Corporation
- Kowa Company Ltd.
- Heidelberg Engineering GmbH
- CenterVue S.p.A.
- Clarity Medical Systems Inc.
- Oculus Optikgeräte GmbH
- Escalon Medical Corp.
- Forus Health Pvt Ltd.
- Visunex Medical Systems
- Remidio Innovative Solutions Pvt. Ltd.
- Haag-Streit AG.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 359.7 Million |
| Forecasted Market Value ( USD | $ 702.2 Million |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
