Ophthalmic Equipment Market - Forecasts from 2019 to 2024

The ophthalmic equipment market is anticipated to grow at a CAGR of 2.96% to reach a market size of US$48.888 billion by 2024, from US$41.050 billion in 2018. The market for ophthalmic equipment includes devices and systems for the diagnosis, treatment, and post-treatment of eye diseases, implants for ophthalmic surgery, contact lenses, contact lens care products, and consumables except for glasses and glass frames. Growing prevalence of various ophthalmic diseases such as dry eye syndrome, glaucoma, cataract, and other vision-related issues and increase in initiatives taken by the government to control visual impairment is expected to fuel the growth of ophthalmic equipment market. According to World Health Organization, 1.3 billion people live with some form of visual impairment in which 188.5 million people have a mild vision impairment, 217 million have moderate to serve vision impairment and 36 million people are blind. Since the aging population is more susceptible to eye disease or eye disorders, their rising proportion across the globe is anticipated to drive the ophthalmic equipment market growth during the forecast period.

The Ophthalmic Equipment Market - Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product outlook, end-user, and geography.

The ophthalmic equipment market has been segmented based on product, end-user, and geography. By product, the market has been majorly classified as diagnostic devices, surgical devices, and contact lenses. By end-user, the market has been segmented as hospitals, ambulatory surgery centers, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the ophthalmic equipment market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the ophthalmic equipment market.

Segmentation:

By Product

• Diagnostic devices
• Refractors
• Fundus Camera
• Perimeters
• Others
• Surgical devices
• Refractive Error Surgical Devices
• Cataract Surgery Devices
• Vitreoretinal Surgical Devices
• Contact lenses

By End-User

• Hospitals
• Ambulatory Surgery Centers
• Others

By Geography

North America

• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Others