PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269704
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269704
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.
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.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable