Global Scanning Laser Ophthalmoscope Market – Industry Trends and Forecast to 2029

Global Scanning Laser Ophthalmoscope Market, By Application (Monocular Ophthalmoscope and Binocular Ophthalmoscope), End-User (Hospital, Clinic, Diagnostic Centers, Others) – Industry Trends and Forecast to 2029.

Scanning Laser Ophthalmoscope Market Analysis and Size

The scanning laser ophthalmoscope (SLO) use less than 1/1000 of the light needed for traditional indirect ophthalmoscopy to produce a high-quality television image of the retina. A unique ophthalmoscopic technique used by the SLO scans the fundus with a weak laser beam, collecting light from only one retinal location at a time. Fluorescein angiography can be conducted with one tenth of the typical fluorescein dose because of the instrument's great light efficiency, which also results in illumination levels that are comfortable for the patient.

Data Bridge Market Research analyses that the scanning laser ophthalmoscope market which is expected to undergo a healthy CAGR during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Scanning Laser Ophthalmoscope Market Scope and Segmentation      

Market Definition

Scanning laser ophthalmoscope, is a technique for examination of the eye. The human eye's retina or cornea are imaged for diagnosis using the confocal laser scanning microscopy method. It is useful in the diagnosis of glaucoma, macular degeneration, and other retinal problems because it images the retina with a high level of spatial sensitivity. To produce crisper retinal images, it has also been integrated with adaptive optics technology.

Global Scanning Laser Ophthalmoscope Market Dynamics

Drivers

• High prevalence of eye diseases 

The prevalence of identified eye disorders, increase in ophthalmic surgeries, and advancements in laser technology and the usage of eye care services are rising among American Veterans. There may be a need to increase the accessibility of these services given that the rate of cataract surgery did not rise. Women and older children had a higher prevalence of VI and impaired eyesight. Myopia (60%), astigmatism (33.7%), hyperopia (29.5%), and strabismus (3.8%) were the most prevalent diagnosis of eye diseases. These all are the certain factors for the growth of market.

• Government Initiatives

The scanning laser ophthalmoscope market is expanding as a result of numerous measures done by governments all over the world. For instance, the World Health Organization's 73rd World Health Assembly endorsed a resolution on "integrated, people-centered eye care, including preventive blindness and vision impairment" in May and November of 2020. During the forecast period, such initiatives are anticipated to fuel the market for scanning laser ophthalmoscope.

Opportunities

• Increasing demand for scanning laser ophthalmoscope

Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools have increased the demand for scanning laser ophthalmoscope in the market. The rise in the adoption of highly advanced techniques and systems in the manufacturing of ophthalmic lasers and the technological advancements made in ophthalmic lasers are the opportunities for the growth of the market.

Restraints/Challenges

• High cost

On the other hand, the ultra-wide field retinal photography includes higher cost and limited access to the technology and in some geographic areas will obstruct the market's growth rate.

This scanning laser ophthalmoscope market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the scanning laser ophthalmoscope market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In 2019, Nidek Co. Ltd launched Mirante Scanning Laser Ophthalmoscope in Japan. The device is a multimodal fundus imaging platform, which combines high definition scanning laser ophthalmoscope and optical coherence tomography.
• In February 2020, the second generation of the MicroPulse P3 Device, developed to give higher stability, visualisation, coupling, and fit, was launched by IRIDEX Corporation, a developer of ocular laser-based medical solutions for the treatment of glaucoma and retinal illnesses. The industry is growing as a result of the leading market participants launching an increasing number of ophthalmic laser devices.

Global Scanning Laser Ophthalmoscope Market Scope

The scanning laser ophthalmoscope market is segmented on the basis of product type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Desktop
• Floor-standing

Application

• Monocular Ophthalmoscope
• Binocular Ophthalmoscope

 End-User

• Hospital
• Clinic
• Diagnostic Centers
• Others

Scanning Laser Ophthalmoscope Market Regional Analysis/Insights

The scanning laser ophthalmoscope market is analysed and market size insights and trends are provided by country, product type, application and end-user as referenced above.

The countries covered in the scanning laser ophthalmoscope market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the scanning laser ophthalmoscope market because of the rising elderly population and the implementation of cutting-edge medical technology.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the high frequency of eye illnesses and expanding healthcare infrastructure.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

The scanning laser ophthalmoscope market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for scanning laser ophthalmoscope market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the scanning laser ophthalmoscope market. The data is available for historic period 2010-2020.

Competitive Landscape and Scanning Laser Ophthalmoscope Market Share Analysis

The scanning laser ophthalmoscope market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to scanning laser ophthalmoscope market.

Some of the major players operating in the scanning laser ophthalmoscope market are:

• ZEISS International (Germany)
• Cannon India PVt Ltd (Japan)
• Eyenuk Inc (U.S.)
• Eye Tech Care (France)
• Optos (U.K.)
• VisionQuest Biomedical Inc (U.S.)
• Novartis AG (Switzerland)
• Johnson & Johnson Surgical Vision Inc. (U.S.)
• Bausch Health Companies Inc. (Canada)
• IRIDEX Corporation (U.S.)
• LIGHTMED (U.S.)
• Quantel Medical (U.S.)