March 29th, 2022 Coherent Market Insights Releases
Ophthalmoscopes are a handy tool for eye doctors. They can be used to screen patients for various ocular diseases. Diabetic retinopathy is one of these diseases that can be detected with the ophthalmoscope. Ophthalmoscopes have many functions and features. Depending on the model, there are a number of different features. In this article, we’ll take a look at the most common uses for these tools.
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Ophthalmoscopes are instruments that help doctors examine the eye. Some types use magnifying lenses, while others use a hand-held digital camera. Ophthalmoscopes can be used to diagnose a wide range of eye diseases. A few popular ophthalmoscopes are those used in eye exams, while others are designed for specific procedures. Ophthalmoscopes are useful tools that help doctors examine the eye. A simple examination can be done in the doctor’s office. An ophthalmoscope’s magnification can range from one-hundred to twenty-five times. The best ophthalmoscope to use is one that’s designed for high magnification and low-magnification.
The increasing product launches by key players is expected to drive growth of the market over the forecast period. For instance, in 2019, Nidek Co. Ltd launched Mirante Scanning Laser Ophthalmoscope in Japan. The device is a multimodal fundus imaging platform, which combines high definition scanning laser ophthalmoscope and optical coherence tomography. Moreover, such product launches are expected to boost growth of the global ophthalmoscopes market.
Global Ophthalmoscopes Market – Impact of Coronavirus (Covid-19) Pandemic
The Covid – 19 pandemic is expected to drive growth of the global ophthalmoscopes market over the forecast period. Since December 2019, a novel coronavirus spread throughout China and across the world, causing a continuous increase in confirmed cases within a short period of time. The disease has spread to more than 100 countries across the globe and the World Health Organization declared it as a public health emergency. For instance, according to the World Health Organization Coronavirus Disease (COVID-19) Dashboard (WHO) report, the manifestation of the coronavirus disease (COVID-19) has resulted in more than 11 million infected individuals worldwide as of September 2020. This outbreak of corona expected to hinder countries overall growth.
The U.S has the highest number of corona patients which is projected to impact the country’s economic condition and government healthcare spending. Similarly, the countries such as Italy, Spain, Russia, India, Brazil and many other economies are also suffering from Covid 19 attack that is projected to impact on lowering the medical devices market growth. Additionally, due to COVID-19 pandemic, hospitals are closed in containment zones, that has also slowed sale of medical devices like Ophthalmoscopes and similar devices.
Global ophthalmoscopes market is estimated to be valued at US$ 216.8 million in 2020, and is expected to exhibit a CAGR of 4.3% over the forecast period (2020-2027).
Global Ophthalmoscopes Market- Regional Insights
On the basis of region, the global ophthalmoscopes market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to be the most lucrative region for growth of the ophthalmoscopes market over the forecast period, due to growing incidence of ophthalmic disease in the U.S. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2015, around 100 million U.S. population aged 18 years and older were diagnosed with diabetes or pre-diabetic. In 2015, in the U.S. prevalence of retinopathy in all adults with diabetes those are aged 40 and above was around 28.5%. In 2015, the estimated rate of prevalence is around 4.4% (0.7 million) of people for vision-threatening diabetic retinopathy in the U.S. Moreover, according to the Glaucoma Research Foundation, in 2018, over 120,000 (9-12% of total blindness cases) population in the U.S were blind owing to glaucoma disease. Such rise in prevalence of eye diseases is projected to drive growth of the market in North America region.
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Asia Pacific ophthalmoscopes market is projected to experience significant growth owing to increasing healthcare infrastructure, high prevalence of eye disorder, and growing initiatives by government bodies in preventing the cataract and blindness cases among the population. For instance, according to the data published by the Indian Journal of Ophthalmic, in September 2018, cataract was responsible for 50-80% of bilateral blindness in India. Moreover, government initiatives such as the National Program for Control of Blindness (NPCB) and Vision 2020 aims to eliminate preventable blindness at the national level. Such initiatives are projected to boost demand for ophthalmoscopes and further expected to drive growth of the market.
Global Ophthalmoscopes Market- Competitive Landscape
Major players operating in the global ophthalmoscopes market include Medline Industries, Inc., Heine USA Ltd., US Ophthalmic, Welch Allyn, Dino-Lite Europe, HONSUN Group, Rudolf Riester GmbH, IRIDEX Corporation, Zumax Medical Co., Ltd., Oscar Boscarol S.r.l., Suzhou Kangjie Medical Inc., NIDEK Inc., and KIRCHNER & WILHELM GmbH + Co. KG
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Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Ophthalmoscopes Market Size Analysis from 2021 to 2028 11.6 COVID-19 Outbreak: Ophthalmoscopes Industry Impact
Chapter 2 Global Ophthalmoscopes Competition by Types, Applications, and Top Regions and Countries 2.1 Global Ophthalmoscopes (Volume and Value) by Type 2.3 Global Ophthalmoscopes (Volume and Value) by Regions
Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.2 Regional Production Market Analysis
Chapter 4 Global Ophthalmoscopes Sales, Consumption, Export, Import by Regions (2016-2021) Chapter 5 North America Ophthalmoscopes Market Analysis Chapter 6 East Asia Ophthalmoscopes Market Analysis Chapter 7 Europe Ophthalmoscopes Market Analysis Chapter 8 South Asia Ophthalmoscopes Market Analysis Chapter 9 Southeast Asia Ophthalmoscopes Market Analysis Chapter 10 Middle East Ophthalmoscopes Market Analysis Chapter 11 Africa Ophthalmoscopes Market Analysis Chapter 12 Oceania Ophthalmoscopes Market Analysis Chapter 13 South America Ophthalmoscopes Market Analysis Chapter 14 Company Profiles and Key Figures in Ophthalmoscopes Business Chapter 15 Global Ophthalmoscopes Market Forecast (2021-2027) Chapter 16 Conclusions Research Methodology
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