Global ophthalmic diagnostics equipment market is estimated to be valued at US$ 2,502.6 million in 2022 and is expected to exhibit a CAGR of 6.2% during the forecast period (2022-2030).
Increase in the prevalence of eye disorders, such as diabetic retinopathy, cataracts, and age-related macular degeneration (AMD), is expected to drive growth of the ophthalmic diagnostics equipment market
Increasing eye related problem like glaucoma is expected to drive market growth over the forecast period.
Increasing prevalence of diabetes and diabetes related eye illness is expected to drive growth of global ophthalmic diagnostics equipment market for the forecast period.
For instance, according to the World Health Organization (WHO) as on 10 November 2021, Approximately 537 million adults (20-79 years) are living with diabetes. The total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. 3 in 4 adults with diabetes live in low- and middle-income countries.
Figure 1. Global Ophthalmic Diagnostics Equipment Market Share (%), by End User, 2022
Figure 2. Global Ophthalmic Diagnostics Equipment Market Share (%), by Region, 2022
Low presence of ophthalmologists, especially in the emerging economies is expected to hamper growth of the global ophthalmic diagnostic equipment market.
Ophthalmic Diagnostics Equipment Market Report Snapshots
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