FUNDUS CAMERA MARKET ANALYSIS

Regional Analysis

Global Fundus Camera Market – Regional Analysis

On the basis of region, the global fundus camera market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to be the most lucrative region in the global fundus camera market, owing to increasing number of distribution agreements by market players. For instance, in June 2021, a U.S. based manufacturer, distributor of ophthalmic diagnostic products launched HFC-1 Non-Mydriatic Fundus Camera manufactured by Huvitz, Co. Ltd., a company engaged in manufacturing, supply and distribution of optometric medical equipment.

Europe is expected to witness significant growth in the forecast period, owing to increasing collaborations between market players. For instance, in September 2020, Optomed, a health care technology company headquartered in Finland, Europe announced the collaboration with AEYE Health, a digital health company that provides fully autonomous, AI-based diagnostic screening solutions for retinal imaging to introduce an AI fundus camera Aurora AEYE. The collaboration includes a clinical trial with the aim to receive the U.S. Food and Drug Administration (FDA) approval for autonomous AI for retinal screening.

Figure 2: Global Fundus Camera Market Value (US$ Mn), by Region, 2022

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa