Ophthalmic diagnostic equipment is used for diagnosis of eye disorders such as refractive errors, cataract, and others. Ophthalmic diagnostic equipment constitute of devices such as retinoscopes, visual field analyzers, fundus cameras, ophthalmoscopes, specular microscopes, tonometer, and others. Increasing incidences of eye disease and vision loss have led to introduction of new technologies is anticipated to assist the growth of the market during the forecast period.
Ophthalmic equipment has become crucial in modern medicine. They can be used to diagnose and treat a variety of eye conditions, including cataracts, glaucoma, macular degeneration, diabetic retinopathy, and age-related macular degeneration (AMD). Additionally, they are employed in the management of keratoconus, corneal ulcers, and dry eyes.
In recent years, ophthalmic illnesses have increased in frequency. There was a huge need for disease-specific therapeutics as a result, a variety of ophthalmic equipment is offered on the market and can be effectively used by healthcare professionals to meet the growing demand for healthcare. The market for ophthalmic equipment is growing due to the rising incidence of eye disorders and ophthalmic diseases as well as rising healthcare costs.
Market Dynamics
Increasing R&D (research and developments) activities for novel device development related to vision error and rise in awareness related to devices used in the field of ophthalmology is expected to propel the growth of the market. Moreover, increase in prevalence of eye disorders, such as diabetic retinopathy, cataracts, and age-related macular degeneration (AMD), increase in elderly population is also expected to provide lucrative growth to the global ophthalmic diagnostics equipment market. For instance, according to the World Health Organization (WHO) as on 4 October 2021, the proportion of the world's population over 60 years will nearly double from 12% to 22%. By 2050, the world’s population of people aged 60 years and older will be 2.1 billion.
Key features of the study:
- This report provides an in-depth analysis of the global ophthalmic diagnostics equipment market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ophthalmic diagnostics equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Notal Vision, Inc., Topcon Corporation, Bausch + Lomb, ZEISS International, Ellex, Quantel Medical, Nidek Co., Ltd., Haag-Streit Group, Halma plc., Coburn Technologies Inc., and Kowa Company Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global ophthalmic diagnostics equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ophthalmic diagnostics equipment market
Detailed Segmentation:
- Global Ophthalmic Diagnostics Equipment Market, By Product Type:
- Fundus Cameras
- Retinal Ultrasound Imaging Systems
- Refractors
- Slit Lamps
- Perimeters
- Ophthalmoscopes
- Tonometer
- Optical Coherence Tomography (OCT)
- Corneal Topography Systems
- Global Ophthalmic Diagnostics Equipment Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Global Ophthalmic Diagnostics Equipment Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Notal Vision, Inc. *
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Topcon Corporation
- Bausch + Lomb
- ZEISS International
- Ellex
- Quantel Medical
- Nidek Co. Ltd.
- Haag-Streit Group
- Halma plc.
- Coburn Technologies Inc
- Kowa Company Ltd.
“*” marked represents similar segmentation in other categories in the respective section.