ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research announces the release of a new report titled “Fundus Cameras Market (Product Type- Mydriatic, Non-Mydriatic, Hybrid and ROP Cameras; End Users- Hospitals, Ophthalmology Clinics and Ophthalmic & Optometrist Offices) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019”. According to the report, the worldwide market for fundus cameras is estimated to grow from US$220.5 million in 2012 to US$300.5 million by 2019 at a 4.5% CAGR over the forecast period 2013-2019.
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Fundus cameras are used for the diagnosis as well as monitoring of ocular disorders. The rise in retinal disorders across the globe, coupled with the growth in the geriatric population base, has supported the worldwide fundus cameras market. Moreover, with advancement in medical technology, the development of hybrid fundus cameras has become possible, thereby further driving the market. In contrast, expensive equipment in terms of highly advanced fundus cameras is expected to challenge the market.
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The overall market for fundus cameras can be segmented on the basis of product type and region. The four main types of fundus cameras analyzed in the research report are retinopathy of prematurity (ROP) fundus cameras, non retractable fundus cameras (handheld and tabletop), hybrid fundus cameras, and mydriatic fundus cameras (handheld and tabletop). By region, the global fundus cameras market is divided into North America, Europe, Asia-Pacific and Rest of the World.
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Being immensely consolidated, the global fundus cameras market has only a handful of prominent players who account for a major chunk of the overall market share. Notable participants mentioned in the research report are CenterVue S.p.A., NIDEK Co., Ltd, Clarity Medical Systems, Inc., Topcon Corporation, Kowa Optimed, Inc., Carl Zeiss Meditec AG, Optovue, Inc., Optomed Oy (Ltd.) and Canon, Inc.
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Transparency Market Research is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.