Ophthalmoscopes Market Evolving Opportunities with Leading players Iridex, Welch Allyn, Heine USA, Honsun, Halma, Lumenis and Guangzhou Bisen Medical

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.

The ophthalmoscopes market accounted to US$ 216.79 Mn in 2018 and is expected to grow at a CAGR of 4.6% during the forecast period 2019 - 2027, to account to US$ 322.13 Mn by 2027.

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Leading players Welch Allyn, Heine USA Ltd., Iridex., Carl Zeiss Meditec AG, American Diagnostic Corporation, Honsun, Halma plc, Lumenis and Guangzhou Bisen Medical Co., Limited among others.

Europe is the second largest growing geographic market and it is expected to be the second largest revenue contributor throughout the forecast period. Europe is recognized as a developed market for the medical devices. The growth is driven by the factors such as rising prevalence of the diabetes and growing population which are driving the growth of number patients living with eye disorders across the region.

In addition, findings also reveals that children are also more prone to develop eye disorders such as glaucoma, conjunctivitis and night blindness among others. Vision loss due to eye diseases is a major health problem, which immensely affects the quality of life. In 2015, across the globe approximately 34.3 million people were registered as blind, an additional around 24.3 million had severe vision impairment, 214 million had moderate vision impairment, and 663 million had near vision impairment. Vision loss is the third largest cause of impairment after anaemia and hearing loss. Cataract is the other most commonly observed eye disorder that is found in the developing nations were the access to the qualified professionals are less. Therefore, the cataract is responsible for more than 50% of the cases of blindness in some of the areas which is likely to increase the demand for the ophthalmologists to grow.

The technological advancements are driving more research and developments across the medical device industries. Owing to the advancement in the medical device industry, the healthcare industry has witnessed significant growth due to transformations during the last few years. Various technological advancements have been witnessed in the industry such as, scalp cooling technology, wearable contacts and use of 3D visualization for surgeries. Countries across the globe have been preferring advanced technologies in healthcare. With a need for better healthcare facilities, Technology-Enabled Care (TEC) solutions are being preferred to in the healthcare systems in the emerging economies.

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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Table of Contents
1.Global Ophthalmoscopes Market - Key Takeaways
2.Research Methodology
3.Global Ophthalmoscopes- Market Landscape
4.Global Ophthalmoscopes Market - Key Industry Dynamics
5.Ophthalmoscopes Market - Global Analysis
6.Ophthalmoscopes Market Analysis- By Type
7.Ophthalmoscopes Market Analysis- By Application
8.Ophthalmoscopes Market Analysis- By End User
9.Ophthalmoscopes Market Revenue And Forecasts To 2027 - Geographical Analysis
10.Opthalmoscopes Market -Industry Landscape
11.Opthalmoscopes Market - Key Company Profiles

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