Ophthalmic Equipment Market Size to Exhibit a CAGR of 5.4% By 2023 | Future Trends, Top Companies and Regional Insights

Ophthalmic Equipment Market Size to Exhibit a CAGR of 5.4% By 2023 | Future Trends, Top Companies and Regional Insights

Ophthalmic Equipment Market
Ophthalmic Equipment Market Research and Insights By Application, Product (Ophthalmology Surgical Devices, Vitreoretinal Surgical Devices, Refractive Surgical Devices and Diagnostic & Monitoring Devices), End-User, Leading Companies, Regional analysis Forecast to 2023

Market Overview

Global Ophthalmic Equipment Market size is expected to grow at a CAGR of 5.4% over the forecast period (2017–2023). Ophthalmic equipment market share is expected to witness significant growth due to rising occurrence of eye disorders and high demand for therapeutic modalities of the disease. Ophthalmic diseases are generally characterized by the impairment of vision and include symptoms like red eyes, eyestrain, and others. Ophthalmic devices are medical equipment which is designed for surgical, diagnosis, and vision correction purposes and help to prevent disorders such as glaucoma and cataract.

Competitive Analysis

The leading players operating the global ophthalmic equipment market are Hoya Corporation (Japan), Ridex Corporation (U.S.), Bausch & Lomb (U.S.), Haag-Streit (Switzerland), Nidek (Korea), Alcon (U.S.), Ziemer Ophthalmic Systems (Switzerland), Carl Zeiss Meditec (Germany), Staar Surgical (U.S.), Johnson & Johnson (U.S.), Topcon Corporation (Japan), Essilor International S.A. (France), and others.

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Global Ophthalmic Equipment Market Segmentation:

The global ophthalmic equipment market has been segmented on the basis of

• application
• product
• end-user

By mode of product, the global ophthalmic equipment market has been segmented into ophthalmology surgical devices

• vision care devices
• diagnostic and monitoring devices
• others

Among these, the vision care devices are predicted to occupy a substantial share owing to the rising adoption of contact lenses and spectacles along with the growing number of optometrists, retail chain stores, and opticians offering vision care services to the consumers.

By mode of application, the global ophthalmic equipment market has been segmented into amblyopia

• glaucoma
• retinal detachment
• cataract
• others

Among these, the cataract segment is likely to occupy a larger owing to the number of eye disorders among the geriatric population. Glaucoma is presumed to expand at the highest rate due to the increasing incidences of glaucoma worldwide along with the availability of technologically advanced microinvasive glaucoma surgeries.

By mode of end-users, the global ophthalmic equipment market has been segmented into ophthalmology clinics

• hospitals
• research centers
• diagnostic centers
• others

Among these, the diagnostic centers are anticipated to exhibit a lucrative share owing to the high availability of diagnostic instruments and presence of a large number of ophthalmologists and optometrists offering clinical services.

Regional Insights

Geographically, ophthalmic equipment market spans across regions namely, Europe, Asia Pacific, America, and the Middle East & Africa.


North America
• Canada
• US
South America


Western Europe
• Germany
• UK
• France
• Italy
• Spain
Rest Of Western Europe
Eastern Europe


• Japan
• India
• Australia
• China
• Republic Of Korea
• Rest Of Asia Pacific

Middle East & Africa

• United Arab Emirates
• Saudi Arabia
• Oman
• Kuwait
• Qatar
Rest Of Middle East & Africa

Table Of Content

  1. Report Prologue
  2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

  1. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

  1. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

TOC Continued……………

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