Market Overview:
The global ophthalmoscopes market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of eye diseases, rising geriatric population, and technological advancements in ophthalmoscopes. Direct inspection type ophthalmoscopes held the largest share of the global ophthalmoscopes market in 2017. This segment is expected to continue its dominance during the forecast period owing to its features such as high image quality and portability. Indirect inspection type ophthalmoscopes are projected to grow at a higher CAGR during the forecast period due their ability detect early signs of eye diseases and provide accurate diagnosis.
Product Definition:
An ophthalmoscope is a medical device that is used to examine the interior of the eye. This device consists of a light source and a lens system that allows the doctor to see inside the eye. The ophthalmoscope is an important tool for diagnosing various diseases and conditions of the eye.
Direct Inspection:
Direct inspection is a technique wherein the ophthalmoscope is directly inserted into the eye to view the retina and optic nerve. This method reduces errors as compared to indirect methods, which are prone to interference from other body parts located in close proximity. Direct inspection allows for more efficient diagnosis of diseases that affect either part of the eye (conjunctival or corneal).
Indirect Inspection:
Indirect inspection is a process where the ophthalmoscope is used to observe the cornea and anterior chamber of the eye. It helps in detecting diseases such as glaucoma, cataract, and other refractive errors. The ophthalmoscopes with indirect inspection can be differentiated from direct inspection based on their design.
Application Insights:
Based on application, the global ophthalmoscopes market is segmented into eyeglasses stores, hospitals and clinics and other applications. The eyeglasses stores segment dominated the market in 2017 owing to a high preference for vision correction products among consumers. Moreover, an increase in the number of optical shops across developed economies including U.K., Germany and France is expected to boost product demand over the forecast period.
The clinics/hospitals segment is anticipated to witness significant growth over the forecast period due to increasing awareness about eye diseases coupled with rising spending capacity of patients in developing countries including China India and Brazil who are more prone towards visual impairment disorders due to refractive errors such as myopia (near-sightedness), hyperopia (farsightedness) astigmatism (distorted vision at all distances).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established eyecare industry and high consumer awareness. Moreover, increasing R&D investments by major players for development of advanced ophthalmoscope is also one of the key factors contributing to its largest share.
Asia Pacific is expected to be fastest growing region during the forecast period due to rising geriatric population and increasing disposable income resulting in increased demand for ophthalmic care services. Furthermore, government initiatives such as “Hospital Eye Care†program by China CDC that trains eye doctors at hospitals on how to provide better eye care are expected drive regional growth over next eight years.
Growth Factors:
- Increasing prevalence of eye diseases: The increasing prevalence of various eye diseases is one of the key growth drivers for the ophthalmoscopes market. According to a study by The World Health Organization (WHO), over 285 million people are affected by visual impairment, out of which 39 million are blind and 246 million have low vision. This is expected to create a high demand for ophthalmoscopes in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for ophthalmoscopes in the coming years. Elderly people are more prone to various eye diseases such as cataract, glaucoma, age-related macular degeneration (AMD), etc., which can be diagnosed with the help of an ophthalmoscope.
- Technological advancements: With technological advancements, new and innovative products are being launched in the market that offer better performance and features than traditional ones. This is likely to boost demand for ophthalmoscopes in the coming years. For instance, companies such as Heineken Medical Instruments BV have come up with products such as Ophthoscan Mini LED that offer superior image quality compared to traditional devices available in the market today .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmoscopes Market Research Report
By Type
Direct Inspection, Indirect Inspection
By Application
Eyeglasses Stores, Hospitals
By Companies
Medline Industries, Hill-Rom, HEINE Optotechnik, US Ophthalmic, Oftas, Dino-Lite Europe, Honsun, Rudolf Riester, WelchAllyn, Iridex, Medline Industries, Alltion (Wuzhou), Timesco, Zumax Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmoscopes Market Report Segments:
The global Ophthalmoscopes market is segmented on the basis of:
Types
Direct Inspection, Indirect Inspection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Eyeglasses Stores, Hospitals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medline Industries
- Hill-Rom
- HEINE Optotechnik
- US Ophthalmic
- Oftas
- Dino-Lite Europe
- Honsun
- Rudolf Riester
- WelchAllyn
- Iridex
- Medline Industries
- Alltion (Wuzhou)
- Timesco
- Zumax Medical
Highlights of The Ophthalmoscopes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Direct Inspection
- Indirect Inspection
- By Application:
- Eyeglasses Stores
- Hospitals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ophthalmoscopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An ophthalmoscope is a medical device that uses lenses and a light source to magnify an image of the inside of the eye. This allows doctors to see any abnormalities or diseases in the eye, including tumors, cysts, and blood vessels.
Some of the key players operating in the ophthalmoscopes market are Medline Industries, Hill-Rom, HEINE Optotechnik, US Ophthalmic, Oftas, Dino-Lite Europe, Honsun, Rudolf Riester, WelchAllyn, Iridex, Medline Industries, Alltion (Wuzhou), Timesco, Zumax Medical.
The ophthalmoscopes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmoscopes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ophthalmoscopes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmoscopes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ophthalmoscopes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ophthalmoscopes Market Size & Forecast, 2018-2028
4.5.1 Ophthalmoscopes Market Size and Y-o-Y Growth
4.5.2 Ophthalmoscopes Market Absolute $ Opportunity
Chapter 5 Global Ophthalmoscopes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ophthalmoscopes Market Size Forecast by Type
5.2.1 Direct Inspection
5.2.2 Indirect Inspection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ophthalmoscopes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ophthalmoscopes Market Size Forecast by Applications
6.2.1 Eyeglasses Stores
6.2.2 Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmoscopes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ophthalmoscopes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ophthalmoscopes Analysis and Forecast
9.1 Introduction
9.2 North America Ophthalmoscopes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ophthalmoscopes Market Size Forecast by Type
9.6.1 Direct Inspection
9.6.2 Indirect Inspection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ophthalmoscopes Market Size Forecast by Applications
9.10.1 Eyeglasses Stores
9.10.2 Hospitals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ophthalmoscopes Analysis and Forecast
10.1 Introduction
10.2 Europe Ophthalmoscopes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ophthalmoscopes Market Size Forecast by Type
10.6.1 Direct Inspection
10.6.2 Indirect Inspection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ophthalmoscopes Market Size Forecast by Applications
10.10.1 Eyeglasses Stores
10.10.2 Hospitals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ophthalmoscopes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ophthalmoscopes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ophthalmoscopes Market Size Forecast by Type
11.6.1 Direct Inspection
11.6.2 Indirect Inspection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ophthalmoscopes Market Size Forecast by Applications
11.10.1 Eyeglasses Stores
11.10.2 Hospitals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ophthalmoscopes Analysis and Forecast
12.1 Introduction
12.2 Latin America Ophthalmoscopes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ophthalmoscopes Market Size Forecast by Type
12.6.1 Direct Inspection
12.6.2 Indirect Inspection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ophthalmoscopes Market Size Forecast by Applications
12.10.1 Eyeglasses Stores
12.10.2 Hospitals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ophthalmoscopes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ophthalmoscopes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ophthalmoscopes Market Size Forecast by Type
13.6.1 Direct Inspection
13.6.2 Indirect Inspection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ophthalmoscopes Market Size Forecast by Applications
13.10.1 Eyeglasses Stores
13.10.2 Hospitals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ophthalmoscopes Market: Competitive Dashboard
14.2 Global Ophthalmoscopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medline Industries
14.3.2 Hill-Rom
14.3.3 HEINE Optotechnik
14.3.4 US Ophthalmic
14.3.5 Oftas
14.3.6 Dino-Lite Europe
14.3.7 Honsun
14.3.8 Rudolf Riester
14.3.9 WelchAllyn
14.3.10 Iridex
14.3.11 Medline Industries
14.3.12 Alltion (Wuzhou)
14.3.13 Timesco
14.3.14 Zumax Medical
