Ophthalmic Equipment Market Analysis and Size:
As per recent research by MarkNtel Advisors, the Global Ophthalmic Equipment Market size was valued at USD 62.8 billion in 2023 and is estimated to grow at a CAGR of around 5.9% during the forecast period, i.e., 2024-30.
Market Drivers : Rising Eye Disorders Due to Age Factor to Fuel the Market Expansion –
Age is the primary factor behind eye-related ailments, however an upsurge in population and prolonged exposure to UV screens have made a notable contribution towards their escalation. Certain widespread disorders comprise diabetic retinopathy, glaucoma, cataracts, corneal opacities Trachoma as well and refractive error disease. The expanding prevalence of diabetic retinopathy, specifically amongst diabetes patients has evoked curiosity regarding state-of-the-art imaging methodologies, including femtosecond lasers & laser treatments with promising outcomes.
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Ophthalmic Equipment Market Scope:
The Ophthalmic Equipment Market is segmented into different categories. This segmentation enables a detailed analysis of specific areas of growth, aiding in strategic market approaches. It helps identify key application areas and variances within target markets, facilitating focused strategies to capitalize on niche opportunities.
By Product
-Vision Care Products- Market Size & Forecast 2019-2030, (USD Million)
-Spectacles- Market Size & Forecast 2019-2030, (USD Million)
-Contact Lenses- Market Size & Forecast 2019-2030, (USD Million)
-Surgical Devices- Market Size & Forecast 2019-2030, (USD Million)
-Cataract Surgical Devices- Market Size & Forecast 2019-2030, (USD Million)
-Vitreoretinal Surgical Devices- Market Size & Forecast 2019-2030, (USD Million)
-Refractive Surgical Devices- Market Size & Forecast 2019-2030, (USD Million)
-Glaucoma Surgical Devices- Market Size & Forecast 2019-2030, (USD Million)
-Ophthalmic Surgical Accessories- Market Size & Forecast 2019-2030, (USD Million)
-Diagnostic & Monitoring Devices- Market Size & Forecast 2019-2030, (USD Million)
-Optical Coherence Tomography Scanners- Market Size & Forecast 2019-2030, (USD Million)
-Fundus Cameras- Market Size & Forecast 2019-2030, (USD Million)
-Perimeters/Visual Field Analyzers- Market Size & Forecast 2019-2030, (USD Million)
-Autorefractors & Keratometers- Market Size & Forecast 2019-2030, (USD Million)
-Ophthalmic Ultrasound Imaging Systems- Market Size & Forecast 2019-2030, (USD Million)
-Tonometers- Market Size & Forecast 2019-2030, (USD Million)
-Slit Lamps- Market Size & Forecast 2019-2030, (USD Million)
-Phoropters- Market Size & Forecast 2019-2030, (USD Million)
-Wavefront Aberrometers- Market Size & Forecast 2019-2030, (USD Million)
-Optical Biometry Systems- Market Size & Forecast 2019-2030, (USD Million)
-Ophthalmoscopes- Market Size & Forecast 2019-2030, (USD Million)
-Lensmeters- Market Size & Forecast 2019-2030, (USD Million)
-Corneal Topography Systems- Market Size & Forecast 2019-2030, (USD Million)
-Chart Projectors- Market Size & Forecast 2019-2030, (USD Million)
-Retinoscopes- Market Size & Forecast 2019-2030, (USD Million)
-Specular Microscopes- Market Size & Forecast 2019-2030, (USD Million)
By End User
-Consumers- Market Size & Forecast 2019-2030, (USD Million)
-Hospitals- Market Size & Forecast 2019-2030, (USD Million)
-Specialty Clinics & Ambulatory Surgery Centers- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
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Ophthalmic Equipment Market Geographical Analysis:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Competitive Landscape and Ophthalmic Equipment Market Share Analysis:
The Ophthalmic Equipment market is highly competitive, with several key players dominating the landscape. Some of the prominent companies in the market include:
- Bausch Lomb
- Alcon
- Carl Zeiss Meditec AG
- Johnson & Johnson
- Hoya Corporation
- Essilorluxottica
- Canon
- Glaukos Corporation
- Nidek Co. Ltd.
- Topcon Corporation
- BVI
- Others
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Questions Addressed in this Study
1.What factors are driving the Ophthalmic Equipment Market growth?
2.How is the Ophthalmic Equipment Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Ophthalmic Equipment Market?
4.What is the current size of the Ophthalmic Equipment Market, and how is it projected to change in the future?
6.What is the future outlook for the Ophthalmic Equipment Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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