Analysis - by Type (Mydriatic Fundus Camera, Non-Mydriatic Fundus Camera, Hybrid Fundus Camera, and ROP Fundus Camera), Portability (Handheld and Tabletop), Application (Diabetic Retinopathy, Age-Related Macular Degeneration, Retinal Vascular Disorders, and Others), and End User (Hospitals, Ophthalmology Centers, and Others)
The South & Central America fundus cameras market was valued at US$ 32.86 million in 2022 and is expected to reach US$ 46.01 million by 2030; it is estimated to grow at a CAGR of 4.3% from 2022 to 2030.
Fundoscopy with Smartphones Fuel the South & Central America Fundus Cameras Market
The evolution of high-resolution smartphone cameras can revolutionize traditional fundus photography. For example, ophthalmologists are bringing innovations in the field of fundoscopy by exploring the possibility of replacing binocular indirect ophthalmoscopes with a smartphone. Smartphone-aided fundoscopy is a high-tech, low-cost imaging alternative that benefits users through the portability of a device. The smartphone camera comes equipped with light sources. Moreover, the device provides ready access to secure networks for data transmission.
Mobile devices integrated with augmented reality create an entirely new fundoscopy experience. Companies in the fundus camera market, in collaboration with MedTech businesses, are working on app-based fundoscopy to simplify the eye examination process. For example, the Ullman Indirect App allows users to control the functionality of the corresponding smartphone camera. Through its advanced features, the app enables a manual focus of the camera and saving of focal points of the eye, manual control of the camera exposure, regulation of the flashlight intensity, rotation of images and videos for documenting the findings in a correct orientation, and the export of high-quality images without the need for a screenshot.
South & Central America Fundus Cameras Market Overview
South & Central America has a great prevalence of diabetic retinopathy, as per the American Academy of Ophthalmology 2023 report. For records, 64 million people are diagnosed with diabetes mellitus in South & Central America, with 17% of the patient's seeking treatment. According to the Association for Research in Vision and Ophthalmology 2023 report, age-related macular degeneration (AMD) causes 5% of global blindness with 1% visual impairment. Argentina is one of the highest elderly populations in the country, rising from 13.1% among 65 years and older. To overcome such prevalence in Argentina, launching the Campaign for Prevention of Blindness due to Diabetes in 2018 identified 23.4% of diabetic retinopathy in Argentina. With the rising prevalence of diabetic retinopathy cases in Argentina, demand for the fundus camera market is high, dominating the overall market growth from 2022 to 2030.
South & Central America Fundus Cameras Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Fundus Cameras Market Segmentation
The South & Central America fundus cameras market is segmented based on type, portability, application, end user, and country.
Based on type, the South & Central America fundus cameras market is segmented into mydriatic fundus camera, non-mydriatic fundus camera, hybrid fundus camera, and ROP fundus camera. The non-mydriatic fundus camera segment held the largest market share in 2022.
Based on portability, the South & Central America fundus cameras market is bifurcated into handheld and tabletop. The tabletop segment held a larger market share in 2022.
Based on application, the South & Central America fundus cameras market is segmented into diabetic retinopathy, age-related macular degeneration, retinal vascular disorders, and others. The diabetic retinopathy segment held the largest market share in 2022.
Based on end user, the South & Central America fundus cameras market is segmented into hospitals, ophthalmology centers, and others. The hospitals segment held the largest market share in 2022.
Based on country, the South & Central America fundus cameras market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America fundus cameras market share in 2022.
Nikon Corp, Topcon Corp, NIDEK CO LTD, Canon Inc, Carl Zeiss AG, Visionix USA Inc, Kowa Co Ltd, and Volk Optical Inc are some of the leading players operating in the South & Central America fundus cameras market.
South & Central America Fundus Cameras Market Strategic Insights
Get more information on this report
South & Central America Fundus Cameras Market Segmentation Analysis
South & Central America Fundus Cameras Market Report Highlights
South & Central America Fundus Cameras Report Scope
Report Attribute
Details
Market size in 2022
US$ 32.86 Million
Market Size by 2030
US$ 46.01 Million
CAGR (2022 - 2030)
4.3%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Mydriatic Fundus Camera
Non-Mydriatic Fundus Camera
Hybrid Fundus Camera
ROP Fundus Camera
By Portability
Handheld
Tabletop
By Application
Diabetic Retinopathy
Age-Related Macular Degeneration
Retinal Vascular Disorders
By End User
Hospitals
Ophthalmology Centers
Regions and Countries Covered
South and Central America
Brazil, Argentina, Rest of South and Central America
Market leaders and key company profiles
Nikon Corp
Topcon Corp
NIDEK CO LTD
Canon Inc
Carl Zeiss AG
Visionix USA Inc
Kowa Co Ltd
Volk Optical Inc
Get more information on this report
South & Central America Fundus Cameras Market Country and Regional Insights
Get more information on this report
Identical Market Reports with other Region/Countries
The List of Companies - South & Central America Fundus Cameras Market
1. Nikon Corp
2. Topcon Corp
3. NIDEK CO LTD
4. Canon Inc
5. Carl Zeiss AG
6. Visionix USA Inc
7. Kowa Co Ltd
8. Volk Optical Inc
Frequently Asked Questions
How big is the South & Central America Fundus Cameras Market?
The South & Central America Fundus Cameras Market is valued at US$ 32.86 Million in 2022, it is projected to reach US$ 46.01 Million by 2030.
What is the CAGR for South & Central America Fundus Cameras Market by (2022 - 2030)?
As per our report South & Central America Fundus Cameras Market, the market size is valued at US$ 32.86 Million in 2022, projecting it to reach US$ 46.01 Million by 2030. This translates to a CAGR of approximately 4.3% during the forecast period.
What segments are covered in this report?
The South & Central America Fundus Cameras Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for South & Central America Fundus Cameras Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Fundus Cameras Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in South & Central America Fundus Cameras Market?
The South & Central America Fundus Cameras Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Nikon Corp
Topcon Corp
NIDEK CO LTD
Canon Inc
Carl Zeiss AG
Visionix USA Inc
Kowa Co Ltd
Volk Optical Inc
Who should buy this report?
The South & Central America Fundus Cameras Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South & Central America Fundus Cameras Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For South & Central America Fundus Cameras Market
