Ophthalmic Handheld Devices Market Share
Segmentation Analysis:
Insights by Product Type
The ophthalmoscopes segment accounted the largest market share and surpassed a valuation of USD 89 million in 2023. Ophthalmoscopes are critical equipment in normal eye exams performed by healthcare professionals such as optometrists, ophthalmologists, and general practitioners. The need for routine eye exams contributes to the ongoing need for ophthalmoscopes. The increased prevalence of eye illnesses, particularly those associated with ageing, adds to the demand for ophthalmoscopes. As the world's population ages, there is a greater demand for technologies for the early identification and monitoring of eye problems. Increased knowledge of the importance of eye health motivates people to get regular eye exams. Ophthalmoscopes are essential components of complete eye exams, promoting preventive care practices.
Insights by Application
The Vitreo Retinal Disorders segment held a 14% business share in 2023. Diabetic retinopathy, age-related macular degeneration (AMD), retinal detachments, and retinal vascular diseases are all common worldwide. The rising prevalence of these illnesses adds to the demand for handheld equipment developed for vitreo retinal examinations. Early detection and intervention are critical in the treatment of vitreoretinopathies. Handheld equipment, such as handheld fundus cameras and ophthalmoscopes, enable healthcare practitioners to do quick and efficient retinal examinations, allowing them to discover abnormalities at an early stage.
Insights by End Use
Hospitals and eye clinics segment was worth USD 387.45 million in 2023. Patients seeking eye care visit hospitals and eye clinics in large numbers. In these circumstances, handheld technologies are essential for routine eye examinations, diagnosis, and monitoring of eye problems. Handheld diagnostic gadgets enable healthcare workers in hospitals and eye clinics to conduct quick examinations and make fast decisions about patient care. This is especially critical in emergency situations and high-traffic clinical environments. The desire of healthcare organisations to invest in modern ophthalmic technologies influences the adoption of portable devices in hospitals and eye clinics.
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Competitive Landscape:
Major players in the market
- Haag-Streit Group
- Appasamy Associates
- Millennium Surgical Corp
- Katalyst Surgical
- ASICO, LLC
- INKA Surgical Instruments
- Surgical Holdings
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