Nonmydriatic Fundus Camera Market To Reach $257.6 Million By 2030

Nonmydriatic Fundus Camera Market Growth & Trends

The global nonmydriatic fundus camera market size is expected to reach USD 257.6 million by 2030, registering a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing geriatric population has resulted in higher prevalence of age-related macular degeneration (AMD). Furthermore, rising incidence of diabetic retinopathy is expected to increase demand for ophthalmic screening devices, subsequently driving demand for nonmydriatic handheld fundus cameras.

According to laws and regulations by various medical devices agencies in U.S. as well as Japan, fundus imaging cameras must be replaced once in every four years. Hence, demand for these devices is likely to increase in these developed countries in the coming years. Supportive government regulations such as these are likely to have a positive impact on the nonmydriatic handheld fundus camera market.

Approximately 80.0% cases of blindness due to chronic diseases can be avoided by continuous and effective screening. Screening is the only way of detecting eye diseases at an early stage. In U.S., fundus photography procedures are covered by Medicare under CPT code 92250. Growing insurance coverage for such procedures is also likely to boost demand for handheld fundus cameras.

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Nonmydriatic Fundus Camera Market Report Highlights

• The tabletop type segment dominated the nonmydriatic fundus cameras market with a revenue share of 51.0% in 2023.

• The handheld type segment is expected to register the fastest CAGR of 6.1% in the forecast period.

• The hospitals segment dominated the nonmydriatic fundus cameras market with a revenue share of 44.8% in 2023.

• The ophthalmic & optometrist offices segment is projected to grow at the fastest CAGR of 6.5% over the forecast period.

• North America nonmydriatic fundus cameras market led the global nonmydriatic fundus cameras market with a revenue share of 37.4% in 2023.

• Asia Pacific nonmydriatic fundus cameras market is anticipated to witness the fastest growth of 6.0% over the forecast period.

Nonmydriatic Fundus Camera Market Segmentation

Grand View Research has segmented global nonmydriatic fundus cameras market report based on type, end-use, and region:

Nonmydriatic Fundus Camera Type Outlook (Revenue, USD Million, 2018 - 2030)

• Tabletop

• Handheld

Nonmydriatic Fundus Camera End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Ophthalmology Clinics

• Ophthalmic & Optometrist Offices

Nonmydriatic Fundus Camera Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Nonmydriatic Fundus Camera Market

• Carl Zeiss Meditec AG

• Kowa Company, Ltd.

• Optomed Plc

• Optovue, Incorporated

• CenterVue SpA

• NIDEK CO., LTD.

• Topcon Corporation

• CANON MEDICAL SYSTEMS CORPORATION

• haag-streit.com