This comprehensive Ophthalmoscopes Market 2019 research report includes a brief on these trends, size, share that can help the businesses operating in the industry to understand the Neurovascular Devices market and strategize for their business growth accordingly. The research report analyses the market size, industry share, growth, key segments, CAGR, Application and key drivers.
The market for ophthalmoscopes is expected to grow significantly due to factor as rising prevalence of eye diseases in developing and developed nations, significantly growing elderly population and increasing prevalence of glaucoma in individuals are likely to drive the growth of the market in the forecasted period. However, the challenges associated with retinal examination may show some impact to the growth of the market.
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What this report contains:
1. Market Dynamics
2. Competitive Analysis
3. Market Trends and Market Forecasts
4. Market Share and Market Size
5. Opportunity and Customer Analysis
6. Product Price Survey
According to a new market research study titled ‘Ophthalmoscopes Market to 2027 – Global Analysis and Forecasts by Type, Application, End User and Geography. The global ophthalmoscopes market is expected to reach US$ 322.13 Mn in 2027 from US$ 216.79 in 2018. The market is estimated to grow with a CAGR of 4.6% from 2019-2027. The report highlights the trends prevalent in the global ophthalmoscopes market and the factors driving the market along with those that act as challenges to its growth.
Leading Ophthalmoscopes Market Players:
• Carl Zeiss Meditec AG
• Welch Allyn
• Heine Optotechnik GmBH & Co.KG
• Iridex Corporation
• American Diagnostic Corporation
• Halma Plc
• Guangzhou Bisen Medical Co., Limited
The global ophthalmoscopes market by type segments was led by direct ophthalmoscopes segment. In 2018, the direct ophthalmoscopes held a largest market share of 55.35% of the ophthalmoscopes market, by type. However, the indirect ophthalmoscopes segments is expected to be the fastest growing segments the market in 2027 owing to advancements in the for the products that allows ophthalmologists to examine more accurately and specifically also the device enables to view more widely inside the eyes.
OPHTHALMOSCOPES – MARKET SEGMENTATION
• Indirect Ophthalmoscopes
• Direct Ophthalmoscopes
• Retinal Diseases
• Diabetes Eye Diseases
By End User
• Eye Clinics
• North America
• Asia Pacific (APAC)
o South Korea
• Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
• South America (SAM)
The market for Ophthalmoscopes is expected to grow significantly due to factors such as increasing incidences of neurovascular diseases, rising demand for minimally invasive procedures, and significantly growing aging population. However, factor such as high cost of embolization coils and lack of expert professionals are the major restraining factors for the growth of the market.
Acquisition and product up gradation were observed as the most adopted strategy in global ophthalmoscopes industry. For instance, Rudolf Riester GmbH (Halma Plc) has launched fortelux N LED Diagnostic Penlight. The device is pen sized device used for the pupil examination and is available in various attractive colors. Thus, the companies are introducing various handy devices that assists in the eye examination and therefore, the market is likely to experience various such products in the coming future.
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