Sale

Ophthalmic Devices Market

Global Ophthalmic Devices Market Size, Growth, Statistics: By Product Type: Ophthalmic Surgical Devices, Ophthalmic Diagnostic and Monitoring Devices, Ophthalmic Vision Care Devices; By Applications: Cataract, Vitreo retinal disorders, Glaucoma, Refractor Disorders, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032

Global Ophthalmic Devices Market Outlook

The global ophthalmic devices market size attained a value of USD 52.98 billion in 2023. The market is further expected to grow at a CAGR of 4.5% during the forecast period of 2024-2032, likely to attain a value of USD 78.74 billion by 2032.

 

Global Ophthalmic Devices Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing Demand for Surgical Devices to Augment the Ophthalmic Devices Industry Growth

Based on product function, the surgical devices segment accounts for a significant share in the ophthalmic devices industry. This can be attributed to an increase in the number of chronic diseases and an exponentially growing geriatric population.

The healthcare segment has witnessed a rise in surgeries to treat diseases such as cataract, glaucoma, detached retinas, retinal tears, near-sightedness, far-sightedness, and diabetic retinopathy, which is enhancing the demand for surgical devices, and, in turn, providing a boost to the market.

 

North America Expected to Witness a Significant Growth Owing to Rising Chronic Eye Diseases Among the Geriatric Population

Region-wise, North America is expected to witness a robust growth over the forecast period owing to a growing geriatric population and rising vision-related diseases such as cataract, glaucoma, and age-related macular degeneration. The elderly population is constantly investing in vision care devices to treat eye disorders, which is expected to provide a boost to the market. Moreover, the region has a well-developed healthcare sector and a high awareness related to ophthalmic diseases and devices, which is further expected to propel the market growth in North America.

 

Ophthalmic Devices: Market Segmentation

Ophthalmic devices refer to medical equipment used for diagnosis, surgery, and vision correction. The rising number of chronic eye diseases and other vision-related issues such as glaucoma, detached retinas, retinal tears, diabetic retinopathy, and cataract among the growing population worldwide is enhancing the adoption of these devices.

 

Global Ophthalmic Devices Market by Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

By product function, the market is divided into:

  • Surgical Devices 
    • Refractive Error Surgical Devices
    • Glaucoma Surgical Devices
    • Cataract Surgical Devices
    • Vitreoretinal Surgical Devices
  • Diagnostic Devices 
    • Refractors
    • Corneal Topography Systems
    • Retinal Ultrasound Systems
    • Fundus Camera
    • Ophthalmoscopes
    • Optical Coherence Tomography Systems
    • Perimeters
    • Slit lamps
    • Tonometer
  • Vision Care Devices
    • Contact Lenses
    • Spectacle Lenses

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Ophthalmic Devices Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Chronic Eye Diseases and the Growing Geriatric Population to Bolster the Growth of the Ophthalmic Devices Industry

In recent years, the world has witnessed a rise in number of chronic eye diseases owing to changing lifestyle patterns and diseases related to diabetes and hypertension such as diabetic retinopathy and ocular hypertension. The growing number of diseases is compelling patients to adopt ophthalmic devices, such as vision care devices, to improve their vision. Moreover, the rising vision related disorders are also pressurising healthcare officials to spread awareness regarding these diseases and their treatment, which is providing a further boost to the market.  However, rural populations cannot easily access such devices due to their lack of awareness and price factors, which is may hamper the market growth.

Over the forecast period, the major market players are expected to invest in research and development activities to develop cost-effective and innovative devices for accurate eye treatment, which is expected to favour the industry growth. Further, various government programmes such as the FDA’s Research on Ophthalmology Medical Devices and the Indian Government’s National Programme for Control of Blindness in India is expected to assist the market growth.

 

Key Industry Players in the Global Ophthalmic Devices Market

The report gives a detailed analysis of the following key players in the global ophthalmic devices market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Carl Zeiss Meditec AG   
  • Essilor International S.A.
  • Haag-Streit Holding
  • Hoya Corporation 
  • NIDEK CO., LTD.
  • Bausch Health Companies Inc. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Applications
  • End User
  • Region
Breakup by Product Type
  • Ophthalmic Surgical Devices
  • Ophthalmic Diagnostic and Monitoring Devices 
  • Ophthalmic Vision Care Devices
Breakup by Applications
  • Cataract
  • Vitreo retinal disorders
  • Glaucoma
  • Refractor Disorders
  • Others
Breakup by End User
  • Hospitals and Eye Clinics
  • Academic and Research Centres
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Essilor International
  • Alcon Inc.
  • Johnson & Johnson
  • HOYA Corporation
  • Bausch & Lomb Incorporated
  • Carl Zeiss Meditec AG
  • Neo Vision Foundation
  • Lumenis BE Ltd.
  • ClearLab
  • OPHTEC BV
  • HEINE Optotechnik GmbH & Co. KG
  • Topcon Corporation
  • Glaukos Corporation
  • Haag-Streit Group
  • NIDEK Co. Ltd.
  • STAAR Surgical
  • Ziemer Ophthalmic Systems AG
  • Heidelberg Engineering GmbH
  • Canon
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions
    1.3    Report Coverage – Key Segmentation and Scope
    1.4    Research Methodology
2    Executive Summary
3    Global Ophthalmic Devices Market Overview 

    3.1    Global Ophthalmic Devices Market Historical Value (2017-2023) 
    3.2    Global Ophthalmic Devices Market Forecast Value (2024-2032)
4    Global Ophthalmic Devices Market Landscape
    4.1    Global Ophthalmic Devices Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Ophthalmic Devices Product Landscape
        4.2.1    Analysis by Product Type
        4.2.2    Analysis by Applications
        4.2.3    Analysis by End User
5    Global Ophthalmic Devices Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Ophthalmic Devices Market Segmentation
    6.1    Global Ophthalmic Devices Market by Product Type
        6.1.0    Ophthalmic Surgical Devices 
            6.1.0.0    Refractive Error Surgical Devices 
            6.1.0.1    Glaucoma Surgical Devices 
            6.1.0.2    Cataract Surgery Devices 
            6.1.0.3    Vitreoretinal Surgical Devices 
        6.1.1    Ophthalmic Diagnostic and Monitoring Devices 
            6.1.1.0    Refractors 
            6.1.1.1    Corneal Topography Systems 
            6.1.1.2    Retinal Ultrasound Systems 
            6.1.1.3    Fundus Camera
            6.1.1.4    Ophthalmoscopes 
            6.1.1.5    Optical Coherence Tomography Systems 
            6.1.1.6    Perimeters 
            6.1.1.7    Slit Lamps 
            6.1.1.8    Tonometer
        6.1.2    Ophthalmic Vision Care Devices 
            6.1.2.0    Contact Lenses 
            6.1.2.1    Spectacle Lenses
    6.2    Global Ophthalmic Devices Market by Applications
        6.2.0    Market Overview
        6.2.1    Cataract
        6.2.2    Vitreo retinal disorders
        6.2.3    Glaucoma
        6.2.4    Refractor Disorders
        6.2.5    Others
    6.3    Global Ophthalmic Devices Market by End User
        6.3.0    Market Overview
        6.3.1    Hospitals and Eye Clinics
        6.3.2    Academic and Research Centres
        6.3.3    Others
    6.4    Global Ophthalmic Devices Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Ophthalmic Devices Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Ophthalmic Devices Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Ophthalmic Devices Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Ophthalmic Devices Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Ophthalmic Devices Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization 
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    Essilor International
        17.1.0    Financial Analysis
        17.1.1    Product Portfolio
        17.1.2    Demographic Reach and Achievements
        17.1.3    Mergers and Acquisitions
        17.1.4    Certifications
    17.2    Alcon Inc.
        17.2.0    Financial Analysis
        17.2.1    Product Portfolio
        17.2.2    Demographic Reach and Achievements
        17.2.3    Mergers and Acquisitions
        17.2.4    Certifications
    17.3    Johnson & Johnson 
        17.3.0    Financial Analysis
        17.3.1    Product Portfolio
        17.3.2    Demographic Reach and Achievements
        17.3.3    Mergers and Acquisitions
        17.3.4    Certifications
    17.4     HOYA Corporation
        17.4.0    Financial Analysis
        17.4.1    Product Portfolio
        17.4.2    Demographic Reach and Achievements
        17.4.3    Mergers and Acquisitions
        17.4.4    Certifications
    17.5    Bausch & Lomb Incorporated
        17.5.0    Financial Analysis
        17.5.1    Product Portfolio
        17.5.2    Demographic Reach and Achievements
        17.5.3    Mergers and Acquisitions
        17.5.4    Certifications
    17.6    Carl Zeiss Meditec AG
        17.6.0    Financial Analysis
        17.6.1    Product Portfolio
        17.6.2    Demographic Reach and Achievements
        17.6.3    Mergers and Acquisitions
        17.6.4    Certifications
    17.7    Neo Vision Foundation
        17.7.0    Financial Analysis
        17.7.1    Product Portfolio
        17.7.2    Demographic Reach and Achievements
        17.7.3    Mergers and Acquisitions
        17.7.4    Certifications
    17.8    Lumenis BE Ltd.
        17.8.0    Financial Analysis
        17.8.1    Product Portfolio
        17.8.2    Demographic Reach and Achievements
        17.8.3    Mergers and Acquisitions
        17.8.4    Certifications
    17.9    ClearLab
        17.9.0    Financial Analysis
        17.9.1    Product Portfolio
        17.9.2    Demographic Reach and Achievements
        17.9.3    Mergers and Acquisitions
        17.9.4    Certifications
    17.10    OPHTEC BV
        17.10.0    Financial Analysis
        17.10.1    Product Portfolio
        17.10.2    Demographic Reach and Achievements
        17.10.3    Mergers and Acquisitions
        17.10.4    Certifications
    17.11    HEINE Optotechnik GmbH & Co. KG
        17.11.0    Financial Analysis
        17.11.1    Product Portfolio
        17.11.2    Demographic Reach and Achievements
        17.11.3    Mergers and Acquisitions
        17.11.4    Certifications
    17.12    Topcon Corporation
        17.12.0    Financial Analysis
        17.12.1    Product Portfolio
        17.12.2    Demographic Reach and Achievements
        17.12.3    Mergers and Acquisitions
        17.12.4    Certifications
    17.13    Glaukos Corporation
        17.13.0    Financial Analysis
        17.13.1    Product Portfolio
        17.13.2    Demographic Reach and Achievements
        17.13.3    Mergers and Acquisitions
        17.13.4    Certifications
    17.14    Haag-Streit Group
        17.14.0    Financial Analysis
        17.14.1    Product Portfolio
        17.14.2    Demographic Reach and Achievements
        17.14.3    Mergers and Acquisitions
        17.14.4    Certifications
    17.15    NIDEK Co. Ltd.
        17.15.0    Financial Analysis
        17.15.1    Product Portfolio
        17.15.2    Demographic Reach and Achievements
        17.15.3    Mergers and Acquisitions
        17.15.4    Certifications
    17.16    STAAR Surgical 
        17.16.0    Financial Analysis
        17.16.1    Product Portfolio
        17.16.2    Demographic Reach and Achievements
        17.16.3    Mergers and Acquisitions
        17.16.4    Certifications
    17.17    Ziemer Ophthalmic Systems AG
        17.17.0    Financial Analysis
        17.17.1    Product Portfolio
        17.17.2    Demographic Reach and Achievements
        17.17.3    Mergers and Acquisitions
        17.17.4    Certifications
    17.18    Heidelberg Engineering GmbH
        17.18.0    Financial Analysis
        17.18.1    Product Portfolio
        17.18.2    Demographic Reach and Achievements
        17.18.3    Mergers and Acquisitions
        17.18.4    Certifications
    17.19    Canon 
        17.19.0    Financial Analysis
        17.19.1    Product Portfolio
        17.19.2    Demographic Reach and Achievements
        17.19.3    Mergers and Acquisitions
        17.19.4    Certifications
18    Global Ophthalmic Devices Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The ophthalmic devices market was valued at USD 52.98 billion in 2023.

The market is expected to grow at a CAGR of 4.5% from 2024 to 2032 to reach a value of USD 78.74 billion by 2032.

The major drivers of the industry, such as the growing geriatric population, rising vision-related chronic diseases, investments in research and development (R&D) activities, and rising awareness of eye-related diseases and their treatments, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing technological advancements in the ophthalmic devices sector and the rising government initiatives to tackle eye related disorders.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major segments based on product function in the industry include surgical devices, diagnostic devices, and vision care devices.

The major players in the industry are Carl Zeiss Meditec AG, Essilor International S.A., Haag-Streit Holding, Hoya Corporation, NIDEK CO., LTD., Bausch Health Companies Inc., and others.

Purchase Full Report

Mini Report

$ 3499     $2999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 5999     $5499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 8299     $7499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 10499     $9499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER