Industry Background:
Digital retinal camera are also known as digital fundus that are used to capture images of the interior surface of the eyes. Digital retinal cameras has high growth prospects, due to angle variations, red-free and angiography imaging as well as DICOM compatibility and EMR interfacing. There has been significant rise in number of people suffering from vision loss in working age adults aged 20 to 74 with figure stood up to 12 % in United States alone in 2018, the future for digital retinal camera looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the healthcare sector.According to AMA, the market for Digital Retinal Cameras is expected to register a CAGR of 6.71% during the forecast period to 2026. This growth is primarily driven by Increase Number of geriatric population Boost the digital retinal camera Market. and Rapid Demand of digital retinal camera in healthcare sector..
Globally, a noticeable market trend is evident Collaboration and Tie Up Of Leading Players
. The Photographic Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Optovue, Inc (United States), Topcon Corporation (Japan), Nidek Co., Ltd. (Japan), Carl Zeiss Meditec AG (Germany), Canon, Inc. (Japan), CenterVue S.p.A. (United States), Kowa Company Ltd. (Japan), Optomed Oy Ltd. (Finland), Clarity Medical Systems, Inc. (United States), CW Optics (United States) and Vision Instruments (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In February 2018, Intuvision launched an IntuCam-45 portable retinal imaging cameras which is beneficial for diagnosis fundus camera for retina specialists and used for eye screening camps. It can also operate by interfacing them with a computer or laptop.
Market Drivers
- Increase Number of geriatric population Boost the digital retinal camera Market.
- Rapid Demand of digital retinal camera in healthcare sector.
Market Trend
- Collaboration and Tie Up Of Leading Players
- Substitutes Available For digital retinal camera
Restraints
- High cost associated with devices hampers the digital retinal camera Market.
- Frequent technology advancements fluctuate the market.
Opportunities
Increase prevalence of diabetic retinopathy disorder. and Upsurge Demand of digital and handheld devices.
Challenges
Limitation on the government regulations are anticipated to Challenge the Market. and Skilled Professional required for maintenance purposes.
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Digital Retinal Cameras Study Sheds Light on
The Digital Retinal Cameras Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Digital Retinal Cameras industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Digital Retinal Cameras industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.