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Ophthalmology Devices Market By Device Type (Diagnostic Devices, Surgical Devices, Vision Care) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

The purpose of this research study titled "Ophthalmology Devices Market-Growth, Future Prospects, and Competitive Analysis, 2017–2025" is to provide investors, developers, company executives, and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global ophthalmology devices market. This report shows and analyzes the major trends in the market for ophthalmology devices around the world, the size of the market, and its outlook.

This report categorizes the global ophthalmology devices market in terms of device type and geographical distribution. Based on device types, the global ophthalmology device market is categorized into diagnostic devices (optical coherence tomography scanners, ophthalmic ultrasound imaging systems, fundus cameras, ophthalmoscopes, retinoscopes, wavefrontaberrometers, corneal topography systems, autorefractors/phoropters, keratometers, specular microscopes, perimeters/visual field analyzers, tonometers), surgical devices (cataract surgery devices, glaucoma surgery devices, refractive surgery devices, and vitreoretinal surgery devices) and vision care products (spectacles and contact lenses). In addition, the market size and forecast for each segment for 2015–2025 are presented in the report, along with their respective CAGRs for the forecast duration of 2017–2025.

Geographically,the global ophthalmology devices market is best understood by segmenting the market into five major regions and chief region-level markets as follows:

  • North America
  • US.
  • Canada
  • Europe
  • UK.
  • Germany
  • France
  • The rest of Europe
  • Asia Pacific
  • Japan
  • China
  • Asia Pacific as a whole
  • Latin America
  • Brazil
  • Mexico
  • The Rest of Latin America
  • Africa and the Middle East

The market size and forecast of each considered geographical market are presented for 2015–2025, along with CAGRs for 2017–2025.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints, and opportunities) to understand the current and anticipated trends in the global ophthalmology devices market. In addition, competitive assessment tools such as market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes by profiling key market players currently enjoying prominent positions in the ophthalmology devices market. Bausch & Lomb, Inc., Essilor International S.A., Carl Zeiss Meditec AG, Alcon, Inc., CooperVision, SynergEyes, Inc., Topcon Corporation, Johnson & Johnson, Haag-Streit Group, Nidek Co., Ltd., and Ziemer Ophthalmic Systems AG are some of the key players that this report looks at. 

The global ophthalmology devices market is studied for the following segmentations:

Diagnostic Devices

  • Optical Coherence Tomography Scanners
  • Ophthalmic Ultrasound Imaging Systems
  • Fundus Cameras
  • Ophthalmoscopes
  • Retinoscopes
  • Wavefront aberrometers
  • Corneal Topography
  • Autorefractors/ Phoropters
  • Keratometers
  • Specular Microscopes
  • Perimeters/ Visual Field Analyzers
  • Tonometers
  • Slit Lamps

Surgical Devices

  • Cataract surgery devices
  • Glaucoma surgery devices
  • Refractive surgery devices
  • Vitreoretinal surgery devices

Vision Care

  • Spectacles
  • Contact lenses

Vision care held the largest market throughout the forecast period due to factors such as a rise in the number of ophthalmic complications, technological advancement in the design and manufacture of vision care products, and rising demand for contact lenses for their aesthetic appearance. On the other hand, a rise in the number of ophthalmic complications such as refractive error correction, cataract removal, glaucoma treatment, diabetic retinopathy treatment, corneal diseases, and age-related macular degeneration propels the growth of ophthalmic diagnostic devices. Additionally, some of the major factors favoring the growth of the ophthalmology surgical equipment market are continuous technological advances, less time consumption, and, most importantly minimally invasive nature of the surgical processes. On the contrary, increasing costs with technological sophistications and a lack of structured and standardized reimbursement policies are some of the factors that might hamper the growth of the market. 

Geographically, the global ophthalmology devices market is cumulative to North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

In 2016, North America dominated the global ophthalmology devices market, contributing the largest revenue share. Some factors contributing to the dominance of the North American market on the global front are the existence of evolved healthcare infrastructure, better reimbursement policies, and greater awareness among both the patient population and caregivers. In addition, it is estimated that the Asia Pacific will be the fastest-growing regional market during the forecast period. The evolution of healthcare infrastructure in emerging economies, the rising status of healthcare infrastructure, and growing healthcare expenditure are the key factors contributing to the rapid evolution of the Asia Pacific ophthalmology devices market.

The detailed regional classification of the global ophthalmology devices market is as follows:

  • North America (U.S. & Canada)
  • Europe (Germany, France, the U.K., and the Rest of Europe)
  • Asia-Pacific (China, India, Japan, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • The Middle East and Africa

Frequently asked questions :

The market for Ophthalmology Devices Market is expected to reach US$ 55,822 Mn By 2025.

The Ophthalmology Devices Market is expected to see significant CAGR growth over the coming years, at 6.4%.

The report is forecasted from 2016-2025.

The base year of this report is 2021.

Bausch & Lomb, Inc., Essilor International S.A., Carl Zeiss Meditec AG, Alcon, Inc., CooperVision,are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Medical Devices
Report ID:   57893
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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