India ophthalmoscope market is import-driven, with import shipments (consisting of complete sets, parts & accessories) being expanded seven-fold during 2010 to 2015. In India, ophthalmoscope doesn’t fall into notified medical device category when it comes to importing, thus cushioning the imports. According to our research, there is no single big player manufacturing the devices and selling them widely. These issues have paved the way for international players like Heine, Welch Allyn, and Keeler & Riester, to capture the market in India.
Additionally, significant increase in GDP per capita and burgeoning health insurance penetration in Tier1, Tier2 & Tier3 cities, have sparked eye hospitals/chains/clinics to expand their network across the nation. After IT/ITES, India is emerging as a most preferred medical tourism destination, and medical tourism is anticipated to grow at 18% year-on-year. All these factors combined together will generate a greater demand for world-class equipment in the country, and will attract many international ophthalmoscope players in near future.
The research study, “Indian Ophthalmoscope Market Outlook 2020”, covers the current and future analysis of the ophthalmoscope market in India. The study analyzes the market dynamics and share of direct & indirect ophthalmoscope along with current and future market size. The report then studies the competition and opportunities by doing the regional analysis (East, West, North, and South India).
The entry barriers for international players have been studied deeply and showcased in the report to help players make their decision wisely for current and future investments. The section for recent industry news provides the information about expansion in eye care industry across India, facilitating the ophthalmoscope market. In the competitive landscape, we have covered key information of the top players, including but not limited to, Heine OptoTechnik and Welch Allyn.