Global Ophthalmoscopes Market Size, Share, and COVID-19 Impact Analysis, By Type (Direct and Indirect), By Application (Diabetic Retinopathy, Macular Degeneration, Retinal Repair, Glaucoma, and Others), By End-Use Industry (Hospitals, Ophthalmic Clinics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Healthcare

RELEASE DATE Jun 2024
REPORT ID SI4735
PAGES 289
REPORT FORMAT PathSoft

Global Ophthalmoscopes Market Insights Forecasts to 2033

  • The Global Ophthalmoscopes Market Size was Valued at USD 251.2 Million in 2023
  • The Market Size is Growing at a CAGR of 6.74% from 2023 to 2033
  • The Worldwide Ophthalmoscopes Market Size is Expected to Reach USD 482.31 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Ophthalmoscopes Market

Get more details on this report -

Request Free Sample PDF

The Global Ophthalmoscopes Market Size is Anticipated to Exceed USD 482.31 Million by 2033, Growing at a CAGR of 6.74% from 2023 to 2033.

 

Market Overview

An ophthalmoscope is an instrument used to observe the back part of the eye (fundus), which involves the retina, optic disc, choroid, and blood vessels. Physicians carry out the eye test by using an ophthalmoscope which is a combination of light sources and lenses. Patients who suffer from headaches or have swollen optic discs choose the ophthalmoscope for these conditions. The main two types of ophthalmoscopies include direct ophthalmoscopy and indirect ophthalmoscopy. The main difference between these two types is the magnification intensity. As compared to indirect ophthalmoscopy, direct ophthalmoscopy has high magnification power and it is equipped with several lenses that can magnify around 15 times more. The incidence of eye disorders, like cataracts, glaucoma, age-related macular degeneration, and diabetic retinopathy are the main reasons for visual impairment and blindness across the world. Visual impairment is a general and worldwide health concern that hurts the physical and mental health of the people and the financial health of a nation. Being raised in the geriatric population results in an increase in the prevalence of visual impairment and blindness. Additionally, lifestyle change has also resulted in a raised number of various diseases that cause visual impairment, like diabetes and hypertension. The rising introduction of products having advanced technology that provide better efficacy to the eye as compared to conventional devices is growing the sales of ophthalmoscopes, which is boosting the market growth.  

 

Report Coverage

This research report categorizes the market for the global ophthalmoscopes market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global ophthalmoscopes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global ophthalmoscopes market.

 

Global Ophthalmoscopes Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 251.2 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.74%
2033 Value Projection:USD 482.31 Million
Historical Data for:2019-2022
No. of Pages:289
Tables, Charts & Figures:110
Segments covered:By Type, By Application, By End-Use Industry, By Region
Companies covered::Keeler Ltd. Co., Albert Waeschle, US Ophthalmic, HONSUN Group, Dino-Lite Europe, Welch Allyn, Zumax Medical Co. Ltd, Neitz Instruments Co., Ltd., Heine USA Ltd, Rudolf Riester GmbH, Iridex Corporation, Oscar Boscarol S.r.l., NIDEK Inc., Suzhou Kangjie Medical Inc., and Others
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis.

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

The rising incidence of glaucoma is anticipated to propel the growth of the ophthalmoscopes market during the predicted period. Furthermore, rising advanced technology, like the development of portable and digital ophthalmoscopes has improved the accuracy and availability of eye examination. Ophthalmoscopes are now easier to use and more accessible because of advanced technology, which is expected to fuel market expansion. In addition, rising awareness regarding eye-related conditions supports providing more people looking for protective eye care, early diagnosis, and treatment of eye illness. Moreover, community health campaigns, educational initiatives, and media awareness programs also contribute to cracking light on eye health, eye safety, and the critical role of tedious eye exams. These factors are expected to drive the growth of the ophthalmoscopes market.

 

Restraining Factors

The high expenses of ophthalmoscopes can cause a considerable barrier to their procurement, mainly for smaller healthcare services, distinct physicians, and healthcare systems with inadequate resources. Innovative digital ophthalmoscopes, which provide improved diagnostic proficiencies, tend to be mainly expensive. This cost factor can restrain the availability of these vital diagnostic tools in resource-constrained counties, where reasonable and cost-effective resolutions are frequently required. Furthermore, inadequate access to eye care facilities in firm geographic areas or vulnerable communities hinders the demand for ophthalmoscopes.   

 

Market Segmentation

The global ophthalmoscopes market share is classified into type, application, and end-use industry.

  • The direct segment is anticipated to hold the largest share of the global ophthalmoscopes market during the forecast period

On the basis of the type, the global ophthalmoscopes market is divided into direct and indirect. Among these, the direct segment is anticipated to hold the largest share of the global ophthalmoscopes market during the forecast period. Direct ophthalmoscopes are generally used in regular eye checkups to check for signs of illnesses or injury. They are specifically used for examining the optic disc, retina, and other structures at the posterior of the eye. These devices are easy to use and offer a comparatively clear view. Direct types of ophthalmoscopes are mainly used by eye care professionals, like ophthalmologists, optometrists, and general healthcare physicians to observe the inside of the eye.  The growing use of direct ophthalmoscopes is expected to boost the growth of this segment.

 

  • The glaucoma segment is anticipated to hold the highest share of the global ophthalmoscopes market during the forecast period.

On the basis of the application, the global ophthalmoscopes market is divided into diabetic retinopathy, macular degeneration, retinal repair, glaucoma, and others. Among these, the glaucoma segment is anticipated to hold the highest share of the global ophthalmoscopes market during the forecast period. Glaucoma is the foremost reason of blindness around the world. To prevent vision loss, early detection and specialist care of glaucoma are crucial, which makes ophthalmoscopes a valued device in glaucoma supervision. Ophthalmoscopes play a vital role in the diagnosis and management of glaucoma for precise and effective specialist care of the disorder and protection of vision.

 

  • The hospitals segment is anticipated to hold the highest share of the global ophthalmoscopes market during the forecast period.

On the basis of the end-use industry, the global ophthalmoscopes market is divided into hospitals, ophthalmic clinics, and others. Among these, the hospitals segment is anticipated to hold the highest share of the global ophthalmoscopes market during the forecast period. Ophthalmoscopes are vigorous diagnostic tools in hospital locations, where they are used by ophthalmologists, optometrists, and other healthcare specialists to scrutinize patients with an inclusive range of eye conditions and illnesses. Hospitals frequently have focused eye care sections or ophthalmology clinics where ophthalmoscopes are regularly used for diagnosis, treatment, and specialist care of patients.  

 

Regional Segment Analysis of the Global Ophthalmoscopes Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, the U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global ophthalmoscopes market over the predicted timeframe.

 

Global Ophthalmoscopes Market

Get more details on this report -

Request Free Sample PDF

North America is anticipated to hold the largest share of the global ophthalmoscopes market over the predicted timeframe. The rising incidence of eye diseases and disorders, like diabetic retinopathy, age-related macular degeneration, and glaucoma, which need routine eye check-ups and specialist care, are the main factors propelling the growth of the ophthalmoscopes market. Advanced technology, like digital ophthalmoscopes with telemedicine proficiencies, is an acquisition purchase in the North America ophthalmoscopes market. Furthermore, vigorous funding from government healthcare policies and research activities in the field of eye care further propel the growth of the market. These factors boost the expansion of the ophthalmoscopes market in this region.

 

Asia-Pacific is anticipated to grow at the fastest rate in the global ophthalmoscopes market over the predicted timeframe. Asia Pacific region involving nations, such as India, China, Japan, and others, expected an increasing demand for ophthalmic devices due to its huge geriatric population, along with a growing frequency of eye-related illnesses. Moreover, government initiatives raised healthcare investment, and a rising awareness of eye health are also propelling the expansion of the market. The Asia Pacific region provides significant prospects for ophthalmoscope producers and providers of eye care facilities. These factors boost the expansion of the ophthalmoscopes market over the predicted timeframe in the Asia Pacific region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global ophthalmoscopes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Keeler Ltd. Co.
  • Albert Waeschle
  • US Ophthalmic
  • HONSUN Group
  • Dino-Lite Europe
  • Welch Allyn
  • Zumax Medical Co. Ltd
  • Neitz Instruments Co., Ltd.
  • Heine USA Ltd
  • Rudolf Riester GmbH
  • Iridex Corporation
  • Oscar Boscarol S.r.l.
  • NIDEK Inc.
  • Suzhou Kangjie Medical Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In July 2023, Christian Blind Mission (CBM), an international charitable organization that serves the blind, revealed that it has given the Jigawa State government $100 million worth of eye care supplies. It has 15 electronic visual acuity charts, 5 auto keratometers, 5 surgical microscopes, an IOL master, 10 retinoscopes, 10 ophthalmoscopes, % slit lamps with an applanation tonometer, 5 A-scans, and 5 I-care Tonometers.

 

  • In August 2022, a $73,000 donation of eye care equipment to 5 health facilities in the Ashanti Region was made possible by Orbis International Ghana. This covers instruments for minor surgery, ophthalmoscopes, operating microscopes, chalazion sets, cataract sets, trial frames for children and adults, focimeters, and visual acuity charts.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global ophthalmoscopes market based on the below-mentioned segments: 

 

Global Ophthalmoscopes Market, By Type

  • Direct
  • Indirect

 

Global Ophthalmoscopes Market, By Application

  • Diabetic Retinopathy
  • Macular Degeneration
  • Retinal Repair
  • Glaucoma
  • Others

 

Global Ophthalmoscopes Market, By End-Use Industry

  • Hospitals
  • Ophthalmic Clinics
  • Others

 

Global Ophthalmoscopes Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Who are the key players in the global ophthalmoscopes market?
    The key players in the global ophthalmoscopes market are Keeler Ltd. Co., Albert Waeschle, US Ophthalmic, HONSUN Group, Dino-Lite Europe, Welch Allyn, Zumax Medical Co. Ltd, Neitz Instruments Co., Ltd., Heine USA Ltd, Rudolf Riester GmbH, Iridex Corporation, Oscar Boscarol S.r.l., NIDEK Inc., Suzhou Kangjie Medical Inc., and Others.
  • 2. Which region holds the fastest growth rate in the global ophthalmoscopes market?
    Asia-Pacific is anticipated to grow at the fastest rate in the global ophthalmoscopes market over the predicted timeframe.
  • 3. Which region application segment has the largest share of the global ophthalmoscopes market?
    The glaucoma segment is anticipated to hold the highest share of the global ophthalmoscopes market during the forecast period.

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies