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 industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios Industry benchmarks. Region wise market opportunities barriers are also studied in detail .
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Ophthalmology Devices Market Report Scope and Research Methodology
The Ophthalmology Devices Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Ophthalmology Devices Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Ophthalmology Devices market. Detailed analysis of external internal factors impacting the market is covered through PESTEL PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Ophthalmology Devices market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Ophthalmology Devices market size, the bottom-up approach was used.
Ophthalmology Devices Market Segmentation
By Products, the cataract category commanded the greatest profit share of 41.6% in the ophthalmic device market in 2021 and is anticipated to experience considerable increase during the forecast period. This is explained by the widespread use of ophthalmic equipment for cataract operations. The World Health Organisation (WHO) says. Around 51 percent of all incidents of blindness worldwide are due to cataracts.
Over the projected period, the refractor disorders market is expected to develop at the fastest rate. The World Health Organisation (WHO) estimates that 2.2 billion individuals worldwide suffer from a near- or far-sightedness impairment. Ophthalmic instruments like phoropters and retinoscopy are typically preferred to treat comparable conditions and correct refractive faults. Major market participants are concentrating on introducing sophisticated ophthalmic diagnosis treatment equipment to suit the demands of the expanding patient population.
The sector of hospitals and eye clinics held the biggest end-user market share for ophthalmic devices, accounting for 76.9 percent, and is anticipated to maintain its position of strength over the forecast period. This can be linked to hospitals using ophthalmic technology more frequently and to low-cost, high-quality care being provided at conventions. The demand for new installations is projected to increase in the upcoming years as a result of the combinations and additions between ophthalmology clinics and hospitals.
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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
Ophthalmology Devices Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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Key questions answered in the Ophthalmology Devices Market are:
- What is Ophthalmology Devices?
- What are the global trends in the Ophthalmology Devices Market?
- What was the Ophthalmology Devices Total Market size in 2022?
- What is expected Ophthalmology Devices Market size by 2029?
- Who held the largest market share in Ophthalmology Devices Market?
- Who are the leading companies and what are their portfolios in Ophthalmology Devices Market?
- What are the major challenges that the Ophthalmology Devices Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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