Over the course of the projected period, technological developments in ophthalmoscopes are anticipated to fuel market expansion for laser indirect ophthalmoscopes. Modern laser indirect ophthalmoscopes are available from manufacturers like Welch Allyn, Heine Optotechnik GmbH & Co. KG, Iridex Corporation, Keeler Limited, and others. As the ophthalmoscope is positioned on the physician's forehead, laser indirect ophthalmoscopy offers benefits such a broader field of view, greater image resolution, less discomfort to the ocular surface, and convenience in ophthalmic examination. Over the forecast period, it is anticipated that rising ophthalmic disorder prevalence would drive market expansion for indirect laser ophthalmoscopes globally. The market is expanding as a result of the rising frequency of specific ophthalmic illnesses like diabetic retinopathy, lattice degeneration, and peripheral neovascularization. For instance, the Royal National Institute of Blind persons (RNIB) estimates that in the United Kingdom, approximately 5.7 million persons have vision-threatening eye disorders in 2014. In addition, 2 million persons had vision impairment in 2016, and by 2030, that number is projected to reach over 2.7 million.
According to Coherent Market Insights, in 2017, the market for Laser indirect ophthalmoscopy was estimated to be worth US$89.5 million. From 2018 to 2026, the market is projected to grow at a strong CAGR of 4.2%.
Prominent Players in the Laser Indirect Ophthalmoscope Industry:
1. Carl Zeiss Meditec AG,
The company was established in 2002 and is headquartered in Jena, Germany. In the area of ophthalmology-related medical technology, the company offers entire system solutions. Systems for screening, diagnosing, and treating eye conditions like cataracts, glaucoma, and retinal abnormalities are among the company's offerings.
2. Ellex Medical Lasers Ltd,
The company was started in 1985 and is based in Queensland, Australia. A company called Ellex creates ophthalmic laser technology solutions. The business produces and sells ultrasound and medical laser equipment. For the diagnosis and treatment of problems related to cataract, glaucoma, refractive, and retinal issues, the company offers a variety of products.
3. Iridex Corporation
The firm was started in 1989 and is based in California, United States. The ophthalmology and otolaryngology markets are served by the innovative and adaptable laser-based medical systems, delivery devices, and consumable instrumentation developed, produced, and marketed by IRIDEX Corporation, a global pioneer in the field. In 2020, IRIDEX announced that the European Glaucoma Society Guidelines now accept MicroPulse Transscleral Laser Therapy.
4. Alcon
The firm was started in 1945 and is located in Geneva, Switzerland. An organization that specializes in eye care goods is called Alcon. Alcon announced in November 2021 that it would pay at least $475 million to buy Ivantis and its glaucoma surgery stent technology. Alcon made a deal to purchase Aerie Pharmaceuticals in August 2022 for US$770 million in order to expand its line of ophthalmic medications.
5. Lumenis Ltd.
The business was founded in 1991 and is based in Israel. Lumenis Ltd. (Lumenis) is a firm that manufactures energy-based medical devices for ophthalmic, aesthetic, and other minimally invasive therapeutic purposes. It produces and sells light-based technologies including medical and beauty lasers.
6. Topcon Medical Laser System,
The company was started in 2010 and is located in California, United States. Manufacturing electrotherapeutic and electromedical equipment is a commercial activity for the company.With the aid of cutting-edge imaging, diagnostic tools, and intelligent data technologies, Topcon Healthcare provides providers with the tools they need to practice medicine more effectively.
7. Keeler Ltd
The company was started in 1946 and is based in Windsor, United Kingdom. The company makes devices and equipment for use in medicine, surgery, ophthalmology, and veterinary medicine. Keeler creates ophthalmic instruments with seamless service and dependable lifetime support to help patients have better outcomes.
*Definition: The fundus or back of the eye is examined with a binocular indirect ophthalmoscope, also known as an indirect ophthalmoscope, which is an optical device worn on the examiner's head and occasionally coupled to spectacles.
