Overview


According to FutureWise analysis the market for Ophthalmic Equipment in 2023 is US$ 66.71 billion, and is expected to reach US$ 100.22 billion by 2031 at a CAGR of 5.20%.

Ophthalmic equipment refers to a wide range of medical devices and instruments that are used for the diagnosis and treatment of eye disorders. These devices are used by ophthalmologists, optometrists, and other eye care professionals to examine, diagnose, and treat various eye conditions such as cataracts, macular degeneration, glaucoma, and diabetic retinopathy.

There are several categories of ophthalmic equipment, each designed to perform specific functions. One of the most important categories of ophthalmic equipment is diagnostic equipment. This includes devices used for examining the eye and diagnosing eye conditions, such as visual acuity tests, tonometers for measuring eye pressure, and ophthalmoscopes for examining the inside of the eye. Other diagnostic equipment includes corneal topographers, which map the curvature of the cornea, and visual field analyzers, which test a patient's peripheral vision. Another category of ophthalmic equipment is surgical equipment. This includes devices used for performing surgeries on the eye, such as phacoemulsification machines for cataract surgery, laser systems for refractive surgery, and microsurgical instruments for procedures such as retinal detachment repair. Other surgical equipment includes intraocular lenses (IOLs), which are artificial lenses that are inserted into the eye to replace natural lenses that have been removed. Ophthalmic equipment also includes devices used for vision correction, such as eyeglasses, contact lenses, and intraocular lenses.

FutureWise Market Research has published a report that provides an insightful analysis of Ophthalmic Equipment Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Ophthalmic Equipment Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Alcon
  • Bausch & Lomb
  • Dragerwerk AGCo.
  • Carl Zeiss Meditec
  • Johnson & Johnson
  • Hoyam Essilor
  • Haag-Streit
  • Nidek
  • Staar Surgical
  • Topcon
  • Ziemer Ophthalmic Systems

(Note: The list of the major players will be updated with the latest market scenario and trends)


Recent developments by key players in Ophthalmic Equipment Market:

  • In January 2022, AcrySof IQ Vivity IOL, a presbyopia-correcting intraocular lens from Alcon, was introduced in India.
  • The ophthalmic equipment market is a rapidly growing industry driven by various factors, including an aging population, increasing prevalence of eye diseases, and technological advancements in the field of ophthalmology. Ophthalmic equipment includes a wide range of devices used for the diagnosis and treatment of eye disorders, such as cataracts, macular degeneration, glaucoma, and diabetic retinopathy. One of the key drivers of the ophthalmic equipment market is the aging population. As the population ages, the prevalence of eye diseases such as cataracts, glaucoma, and age-related macular degeneration (AMD) increases. According to the World Health Organization (WHO), the number of people with vision impairment is expected to triple by 2050, largely due to aging populations. This has increased the demand for ophthalmic equipment, particularly for diagnostic and surgical applications. The rising incidence of diabetes is another factor propelling the growth of the ophthalmic equipment market. Diabetic retinopathy is a severe complication of diabetes that can lead to blindness. As the incidence of diabetes increases globally, there is a corresponding increase in the number of people with diabetic retinopathy, which is driving the demand for ophthalmic equipment. Advancements in technology are also playing a major role in the growth of the ophthalmic equipment market. New technologies are being developed that enable more accurate and precise diagnosis and treatment of eye disorders. For example, advanced imaging technologies such as optical coherence tomography (OCT) and fundus photography are being used to detect and monitor eye diseases. Additionally, new surgical techniques such as laser-assisted cataract surgery (LACS) and minimally invasive glaucoma surgery (MIGS) are becoming more common, which is driving the demand for ophthalmic surgical equipment.

Despite the growth drivers, there are some challenges that could impact the ophthalmic equipment market. For instance, the high cost of ophthalmic equipment and procedures may limit access to care, particularly in underdeveloped countries where healthcare budgets are limited. Additionally, the lack of skilled ophthalmologists and optometrists in certain regions may also limit the growth of the market.

By Product

  • Vision Care Products
    •   Spectacles
    •   Contact Lenses
      •      Soft Contact Lenses
      •      Rigid Gas Permeable Lenses (RGP)
      •      Hybrid Contact Lenses
  • Ophthalmology Surgical Devices
    •   Cataract Surgical Devices
      •      Intraocular Lenses
      •      Ophthalmic Viscoelastic Devices
      •       Phacoemulsification Devices
      •      Cataract Surgical Lasers
      •      IoI Injectors
    •   Vitreoretinal Surgical Devices
      •      Vitreoretinal Packs
      •      Vitrectomy Machines
      •      Photocoagulation Lasers
      •      Illumination Devices
      •      Vitrectomy Probes
    •   Refractive Surgical Devices
      •       Femtosecond Lasers
      •       Excimer Lasers
      •      Other Refractive Surgical Lasers
    •   Glaucoma Surgical Devices
      •      Glaucoma Drainage Devices (GDDs)
      •      Micro invasive Glaucoma Surgical Devices
    •   Ophthalmic Microscopes
    •   Ophthalmic Accessories
      •      Surgical Instruments and Kits
      •      Ophthalmic Forceps
      •      Ophthalmic Spatulas
      •      Ophthalmic Tips and Handles
      •      Ophthalmic Scissors
      •      Ophthalmic Knives
      •      Macular Lenses
      •      Ophthalmic Cannulas
      •      Other Ophthalmic Accessories
  • Diagnostics and Monitoring Devices
    •   Optical Coherence Tomography Scanners
    •   Fundus Cameras
    •   Perimeter/Visual Field Analyzers
    •   Autorefractors and Keratometers
    •   Ophthalmic Ultrasound Imaging Systems
      •      Ophthalmic A-Scan Ultrasound
      •      Ophthalmic B-Scan Ultrasound
      •      Ophthalmic Ultrasound Biomicroscopes
      •      Ophthalmic Pachymeters
    •   Tonometers
    •   Slit Lamps
    •    Phoropters
    •    Wavefront Abberometers
    •   Optical Biometry Systems
    •    Ophthalmicscopes
    •    Lensmeters
    •   Corneal Topography Systems
    •   Chart Projectors
    •   Specular Microscopes
    •   Retinoscopes

By End User

  • Consumers
  • Hospitals
  • Speciality Clinics and Ambulatory Surgery Centres
  • Other End Users

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Additionally, North America registered the highest share in the market in 2022. North America is one of the largest and most developed regions in the world in terms of healthcare infrastructure, which is one of the key reasons why it dominates the ophthalmic equipment market. The region has a high demand for advanced ophthalmic equipment due to the high prevalence of eye diseases among the aging population. The United States, in particular, has a well-established ophthalmic equipment market, with many leading manufacturers based in the country. The US also has a large number of ophthalmologists and optometrists who are highly trained in the use of ophthalmic equipment for the diagnosis and treatment of various eye conditions. Another factor contributing to the dominance of North America in the ophthalmic equipment market is the high level of investment in research and development. Many companies in the region invest heavily in R&D to develop new and innovative ophthalmic equipment that meets the evolving needs of patients and healthcare professionals.


     

  • Tier 1 players- established companies in the market with major market share
  • Tier 2 players
  • New Entrants
  • growing rapidly
     

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data points affecting market growth
     

  • To provide with an exhaustive analysis on the Ophthalmic Equipment Market By Product, By End User, and By Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches.

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Ophthalmic Equipment Market Variables, Trends and Scope
    •        1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Type Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Ophthalmic Equipment Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Ophthalmic Equipment Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Type Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Type Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Ophthalmic Equipment Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Vision Care Products
         1.1. Spectacles
         1.2. Contact Lenses
          1.2.1. Soft Contact Lenses
          1.2.2. Rigid Gas Permeable Lenses (RGP)
          1.2.3. Hybrid Contact Lenses
        2. Ophthalmology Surgical Devices
         2.1. Cataract Surgical Devices
          2.1.1. Intraocular Lenses
          2.1.2. Ophthalmic Viscoelastic Devices
          2.1.3. Phacoemulsification Devices
          2.1.4. Cataract Surgical Lasers
          2.1.5. IoI Injectors
         2.2. Vitreoretinal Surgical Devices
          2.2.1. Vitreoretinal Packs
          2.2.2. Vitrectomy Machines
          2.2.3. Photocoagulation Lasers
          2.2.4. Illumination Devices
          2.2.5. Vitrectomy Probes
         2.3. Refractive Surgical Devices
          2.3.1. Femtosecond Lasers
          2.3.2. Excimer Lasers
          2.3.3. Other Refractive Surgical Lasers
         2.4. Glaucoma Surgical Devices
          2.4.1. Glaucoma Drainage Devices (GDDs)
          2.4.1. Micro invasive Glaucoma Surgical Devices
         2.5. Ophthalmic Microscopes
         2.6. Ophthalmic Accessories
          2.6.1. Surgical Instruments and Kits
          2.6.2. Ophthalmic Forceps
          2.6.3. Ophthalmic Spatulas
          2.6.4. Ophthalmic Tips and Handles
          2.6.5. Ophthalmic Scissors
          2.6.6. Ophthalmic Knives
          2.6.7. Macular Lenses
          2.6.8. Ophthalmic Cannulas
          2.6.9. Other Ophthalmic Accessories
        3. Diagnostics and Monitoring Devices
         3.1. Optical Coherence Tomography Scanners
         3.2. Fundus Cameras
         3.3. Perimeter/Visual Field Analyzers
         3.4. Autorefractors and Keratometers
         3.5. Ophthalmic Ultrasound Imaging Systems
          3.5.1. Ophthalmic A-Scan Ultrasound
          3.5.2. Ophthalmic B-Scan Ultrasound
          3.5.3. Ophthalmic Ultrasound Biomicroscopes
          3.5.4. Ophthalmic Pachymeters
         3.6. Tonometers
         3.7. Slit Lamps
         3.8. Phoropters
         3.9. Wavefront Abberometers
         3.10. Optical Biometry Systems
         3.11. Ophthalmicscopes
         3.12. Lensmeters
         3.13. Corneal Topography Systems
         3.14. Chart Projectors
         3.15. Specular Microscopes
         3.16. Retinoscopes

  • 8.   Ophthalmic Equipment Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Consumers
        2. Hospitals
        3. Speciality Clinics and Ambulatory Surgery Centres
        4. Other End Users

  • 9.   North America Ophthalmic Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 10.   Latin America Ophthalmic Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 11.   Europe Ophthalmic Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 12.   Asia Pacific Ophthalmic Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 13.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 14.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Alcon
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Bausch and Lomb
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Dragerwerk AGCo.
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Carl Zeiss Meditec
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Johnson and Johnson
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Hoyam Essilor
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Haag-Streit
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Nidek
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Staar Surgical
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10.Topcon
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11.Ziemer Ophthalmic Systems
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 17.   FutureWise SME Key Takeaway Points for Client
Partner

Our Clients