Ophthalmology Devices Market Latest Insights, Growth Rate, Future Trends and Forecast 2029.


Ophthalmology Devices Market was valued at USD 48.59 Billion in 2021, and it is expected to reach USD 69.85 Billion by 2029, exhibiting a CAGR of 4.64 % during the forecast period (2022-2029).

Ophthalmology Devices Market Overview

The report published by MMR, on Ophthalmology Devices Market includes several segments related to generally state-of-the-art business data and industry future with cautious assessment and examination. The report entitled the Ophthalmology Devices Market report 2022 by manufacturer, type, application, and region.  The report provides an in-depth analysis, revenue statistics, and other essential data about the global Ophthalmology Devices industry, as well as various trends, drivers, limitations, opportunities, and threats that the Market over the forecast period.

Ophthalmology Devices Market Scope

The Ophthalmology Devices Market report includes, the forecast period is considered from 2022 to 2029, and 2021 is a based year. 2021 Market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. Past five years Market trends from 2016 are considered while estimating the Market through 2022-2029. The year 2021 is an exception and analyzed specifically with the impact of lockdown by region.

The report also includes a detailed analysis of the Ophthalmology Devices industry, as well as Market segmentation by product type, applications, end-use, and region. The report includes an analysis of historical Market dynamics from 2018 to 2021, which assist readers in comparing past trends to current Market scenarios, as well as the contributions of key players.

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Ophthalmology Devices Market Segmentation

By Products, the cataract segment dominated the market for ophthalmic devices and counted for the largest profit share of 41.6% in 2021 and is expected to witness significant growth during the cast period. This can be attributed to the high acceptance of ophthalmic devices for cataract surgeries. According to the World Health Organization(WHO). Nearly 51 of the total cases of blindness in the world are the result of cataracts.

The refractor disorders segment is anticipated to witness the fastest growth rate over the cast period. According to the According to the World Health Organization (WHO), there are about 2.2 billion people globally, who have near or far- distance vision impairment. To treat similar disorders and correct refractive errors, ophthalmic devices similar as phoropters and retinoscopy’s are largely preferred. To meet the demands of the rising patient population, major market players are concentrated on introducing advanced ophthalmic diagnosis & treatment devices.

By End User, the hospitals & eye clinics segment held the largest share of 76.9 in the ophthalmic devices market and is expected to continue its dominance over the cast period. This can be attributed to the expanding adoption of ophthalmic devices in hospitals and low- cost & effective treatment handed in conventions. The adding combinations and accessions between ophthalmic clinics and hospitals are likely to boost the demand for new installations in the coming years.

And also, several eye clinics are now coming up with separate individual departments, which in turn, is boosting the adoption of ophthalmic devices. also, the growing number of eye clinics that offer cost-effective treatment is expected to drive the growth of the market during the forecast period.

Ophthalmology Devices Market Key Players

• Abbott Medical Optics, Inc.
• Alcon Inc.
• Appasamy Associates
• Aurolab
• Bausch & Lomb Inc.
• Carl-Zeiss AG
• CIBA Vision Corp.
• Ellex Medical Lasers Ltd
• Essilor International S.A.
• Haag-Streit AG
• Hoya Corp.
• Johnson & Johnson Vision Care, Inc.
• Menicon Co., Ltd.
• NIDEK CO., LTD.
• Oertli Instrument AG
• Rayner Intraocular Lenses Ltd
• Santen Pharmaceutical Co., Ltd
• STAAR Surgical Company
• Technolas Perfect Vision GmbH
• Ziemer Ophthalmic Systems AG

Regional Analysis

The Ophthalmology Devices Market Report gives an in-depth understanding and knowledge of the Ophthalmology Devices Market trends, dynamics, and other issues in the market. The report on Ophthalmology Devices Market includes the most significant developments that have an impact on the industry. It assists in identifying the information included in the report, as well as assessing the competitive landscape of important firms, Ophthalmology Devices Market dynamics, and other things that help to determine current marketing plans.

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Table Of Content :

1. Global Ophthalmology Devices Market: Research Methodology

2. Global Ophthalmology Devices Market: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Ophthalmology Devices Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Ophthalmology Devices Market: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
? North America
? Europe
? Asia Pacific
? The Middle East and Africa
? South America
3.12. COVID-19 Impact

4. Global Ophthalmology Devices Market Segmentation
4.1. Global Ophthalmology Devices Market, By Product (2021-2029)
? Vision Care Devices
? Devices Devices
? Diagnostic and Monitoring Devices
4.2. Others Global Ophthalmology Devices Market, By Application (2021-2029)
? Vision Care
? Ophthalmic Wound care
? Cataract Devices
? Oculoplastic
? Others
4.3. Global Ophthalmology Devices Market, End User (2021-2029)
? Hospitals
? Diagnosis Clinics
? Franchise Optical Stores
? Eye Research Institutes
? Government Agencies and Academics

Key Questions answered in the Ophthalmology Devices Market Report are:

  • What is Ophthalmology Devices Market?
  • What is the forecast period of the Ophthalmology Devices Market?
  • What is the competitive scenario of the Ophthalmology Devices Market?
  • Which region held the largest Market share in the Ophthalmology Devices Market?
  • What are the opportunities for the Ophthalmology Devices Market?
  • What factors are affecting the Ophthalmology Devices Market growth?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Ophthalmology Devices
  • Landscape- Leading key players and other prominent key players.

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Published in

Health , News

Published on

Mar 13, 2023

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