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Ophthalmic Equipment Market | Size, Share and Global Forecast Report 2020-28

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Ophthalmic Equipment Market

An overview of conceptual frameworks, analytical approaches of the Ophthalmic Equipment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Ophthalmic Equipment market is expected to grow with a significant rate in the near future. The global Ophthalmic Equipment market in 2020 is estimated for more than US$ 57,117.7 Mn and expected to reach at a value of US$ 81,070.3 Mn by 2028 with a significant CAGR of 4.5%. The base year considered for the study is 2019, and the market size is projected from 2020 to 2028.

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Ophthalmic Equipment Market Definition

Eyes are the most sensitive as well as crucial organ in the human body. Any disorder or disease in the eye can cause major vision problems to an individual. Among which, Cataract is one of the most common eye diseases, which one out of five is affected with. Other than that, Glaucoma is another disorder mainly occurring in diabetic patients. Ophthalmology is a field of medical science that majorly deals with the structure, function, and different eye diseases.

Ophthalmic equipment are medical equipment outlined for diagnosis, medical abscission, and vision rectification. Various disorders and diseases related to eyes are treated with the equipment like refractors, fundus camera, corneal topography systems, ophthalmoscope, and many others.

In the present times, laser treatment is also emerging as an advanced technology, more commonly known as LASIK. The treatment and medical care of eyes include spectacles, contact lens, refractory surgery, and cataract surgery. The cataract and refractive surgery majorly drives the growth of the global ophthalmic equipment market.

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Ophthalmic Equipment Market Dynamics

The rising prevalence of eye disorders and diseases among the masses, especially increasing incidence of cataract and glaucoma, is majorly boosting the growth of the global ophthalmic equipment market in the near future. In addition to that, the rapid increase in the elederly population across the world as well as screen-bound jobs of most of the working population in the present day world is further pushing the growth of the eye disorders among the population, thus augmenting the growth of the global ophthalmic equipment market.

By the same token, the huge upraise in penetration of digital devices, involving smartphones laptops, and computers, e-readers as well as brisk technological upgradations such as advent of intraocular lenses (IOLs) and rise in focus on customer education and training among eye care professionals with regard to eye diseases and associated complexities is further estimated to give numerous breakthrough to the growth of the global ophthalmic equipment market in the forthcoming years.

However, the stringent rules and guidelines which need to be followed during the cataract and refractive surgeries may limit the market growth in the near future.

Ophthalmic Equipment Market Key Players

Alcon Inc., Essilor International S.A, Johnson & Johnson Vision, BAUSCH + LOMB Incorporated, Topcon Corporation, Carl Zeiss Meditec AG, NIDEK CO., LTD, STAAR Surgical Company, HOYA Corporation, Ziemer Ophthalmic Systems AG, and among others.

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Ophthalmic Equipment Market Segmentation:

By Product Type

  •  Vision Care Products

o    Spectacles

o    Contact Lenses

    Soft Contact Lenses§

    Rigid Gas Permeable Lenses (RGP)§

    Hybrid Contact Lenses§

  •  Ophthalmology Surgical Devices

   Cataract Surgical Devices

    Intraocular Lenses (IOLS)§

    Ophthalmic Viscoelastic Devices (OVDS)§

    Phacoemulsification Devices§

    Cataract Surgical Lasers§

    Iol Injectors§

o    Vitreoretinal Surgical Devices

    Vitreoretinal Packs§

    Vitrectomy Machines§

    Photocoagulation Lasers§

    Illumination Devices§

    Vitrectomy Probes§

    Vitreoretinal Surgery Instruments and Kits§

o    Refractive Surgical Devices

    Femtosecond Lasers§

    Excimer Lasers§

    Other Refractive Surgical Lasers§

o    Glaucoma Surgical Devices

    Glaucoma Drainage Devices (GDDS)§

    Microinvasive Glaucoma Surgical Devices§


   Ophthalmic Microscopes

o    Ophthalmic Accessories

    Surgical Instruments and Kits§

    Ophthalmic Forceps§

    Ophthalmic Spatulas§

    Ophthalmic Tips and Handles§

    Ophthalmic Scissors§

    Macular Lenses§

    Ophthalmic Cannulas§

    Other Ophthalmic Accessories§

  •  Diagnostic and Monitoring Devices 

o    Optical Coherence Tomography Scanners

o    Fundus Cameras

o    Perimeters/Visual Field Analyzers

o    Autorefractors and Keratometers

o    Ophthalmic Ultrasound Imaging Systems

    Ophthalmic A-Scan Ultrasound

    Ophthalmic B-Scan Ultrasound

    Ophthalmic Ultrasound Biomicroscopes

    Ophthalmic Pachymeters

o    Tonometers

o    Slit Lamps

o    Phoropters

o    Wavefront Aberrometers

o    Optical Biometry Systems

o    Ophthalmoscopes

o    Lensmeters

o    Corneal Topography Systems

o    Chart Projectors

o    Specular Microscopes

o    Retinoscopes

o    Others

By End Users

  •  Consumers
  •  Hospitals
  •  Specialty Clinics and Ambulatory Surgery Centers
  •  Others

By Region

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

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