SAN FRANCISCO, January 17, 2017 /PRNewswire/ --
The global fundus camera market is expected to reach a value of USD 625.1 million by 2024, based on a new report by Grand View Research, Inc. Rising geriatric population and growing occurrences of chronic disorders such as diabetes and hypertension further increase the incidence of retinal disorders.
(Logo: http://photos.prnewswire.com/prnh/20150105/723757 )
For instance, according to the WHO 2016 report, globally, there were about 422 million diabetic patients (8.5% of total population) in 2014, as compared to 108 million in 1980. Furthermore, it also states that there is a decline in blindness caused by infections such as trachoma and onchocerciasis, and an increasing trend of non-communicable causes of blindness such as Age-related Macular Degeneration (AMD), glaucoma, and Diabetic Retinopathy (DR). Availability of advanced fundus devices such as portable and hybrid cameras at affordable rates is expected to boost the fundus camera industry during the forecast period.
In addition, supportive government regulations for medical devices are anticipated to drive the market over the coming years. For instance, regulatory agencies in the U.S. and Japan require the fundus imaging cameras to be replaced once in every 4 years. Hence, the demand of fundus cameras is consistent in these regions.
Browse full research report with TOC on "Fundus Cameras Market Analysis By Product (Mydriatic Fundus Cameras, Non-mydriatic Fundus Cameras, Hybrid Fundus Cameras, ROP Fundus Cameras), By End Use (Hospitals, Ophthalmology Clinics, Optometrist Offices), And Segment Forecasts, 2013 - 2024" at: http://www.grandviewresearch.com/industry-analysis/fundus-cameras-market
Further Key Findings From the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the fundus camera market by product, end-use, and region:
Read Our Blogs - Fundus Cameras Market: Rising Retinal Disorders to Propel the Market by 2024
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Share this article