Market Overview:
The global ophthalmology diagnostics and surgical devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising geriatric population, and technological advancements in ophthalmic devices. Based on type, the ophthalmology diagnostics devices segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period. The growth in this segment can be attributed to technological advancements such as automated diagnosis systems and point-of-care testing systems that have led to increased accuracy and efficiency in diagnosis procedures. Based on application, hospitals are expected to account for the largest share of the global market in 2018.
Product Definition:
Ophthalmology diagnostics and surgical devices are used to diagnose and treat eye problems. These devices include lasers, microscopes, and other tools that help doctors see inside the eye, measure vision, and correct vision problems.
Ophthalmology Diagnostics Devices:
Ophthalmology diagnostics devices market is expected to grow at a lucrative rate during the forecast period. The factors that propel the growth of this market include growing prevalence of eye disorders such as glaucoma, cataract, and refractive errors coupled with increasing geriatric population base. Moreover, rising awareness about ophthalmic disorders and their treatment options are also expected to boost the demand for ophthalmic diagnostic devices in near future.
Ophthalmology Surgical Devices:
Ophthalmic surgical devices are used in ophthalmic surgeries such as cataract, glaucoma, vitreoretinal surgery and refractive error treatment. The global Ophthalmology surgical devices market is expected to witness significant growth over the forecast period owing to increasing geriatric population base which is prone to various eye disorders coupled with high unmet medical needs in emerging economies of Asia Pacific and Latin America regions.
Application Insights:
Based on application, the global ophthalmology diagnostics and surgical devices market is segmented into hospital, diagnostic centers, specialty clinics and others. The hospital segment dominated the market in 2017 owing to an increase in patients suffering from eye diseases requiring medical attention. Furthermore, a rise in number of hospitals offering advanced healthcare facilities has led to increased demand for ophthalmology diagnostic equipment and solutions.
The specialty clinic segment is expected to witness lucrative growth over the forecast period due to increasing demand for high-quality care by individuals preferring personalized treatment options at affordable costs coupled with technological advancements that have enhanced access directly from providers through mobile applications without visiting a primary care setting or going online first.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate for advanced ophthalmology diagnostic and surgical devices, and favorable reimbursement scenario. In addition, increasing prevalence of age-related ophthalmic disorders is expected to drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population with associated eye diseases coupled with improving healthcare infrastructure in this region. Moreover, economic development has resulted in an increase in disposable income which will further boost demand for technologically advanced products such as digital cameras and smartphones that are used for taking photos by patients at their admission time thus facilitating easy diagnosis process at lower cost as compared to developed regions (Dawson et al., 2016). The availability of low-cost medical treatments through local practitioners also contributes significantly towards reducing treatment costs thereby making it economically viable even without any government support (Khan & Parry, 2014).
Growth Factors:
- Increasing incidence of eye diseases: The increasing incidence of various eye diseases is one of the key growth drivers for the ophthalmology diagnostics and surgical devices market. According to a study by the World Health Organization (WHO), over 285 million people are affected by visual impairment, which is expected to increase to more than 350 million by 2020. This growing population base is expected to drive demand for ophthalmology diagnostics and surgical devices in the coming years.
- Rising awareness about eye health: There has been a rising awareness about eye health in recent years, owing to which patients are increasingly seeking early diagnosis and treatment for various eye conditions. This is another major factor that is driving growth in the ophthalmology diagnostics and surgical devices market.
- Technological advancements: The rapid technological advancements taking place in the field of ophthalmology are resulting in innovative products being launched into the market, thereby fuelling growth prospects for this market segmentation . Some of these technological advancements include development of new diagnostic tools such as optical coherence tomography (OCT) scanners and automated refraction systems, as well as introduction of novel surgical procedures such as femtosecond laser-assisted cataract surgery (FLACS).
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmology Diagnostics and Surgical Devices Market Research Report
By Type
Ophthalmology Diagnostics Devices, Ophthalmology Surgical Devices
By Application
Hospital, Diagnostic Centres, Specialty Clinic, Others
By Companies
Alcon Laboratories, Bausch Health Companies, Carl Zeiss Meditec, Hoya Corporation, Johnson & Johnson, Nidek, Ziemer Group, Schwind Eye-tech-solutions, AMETEK, Topcon, Optovue
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmology Diagnostics and Surgical Devices Market Report Segments:
The global Ophthalmology Diagnostics and Surgical Devices market is segmented on the basis of:
Types
Ophthalmology Diagnostics Devices, Ophthalmology Surgical Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Diagnostic Centres, Specialty Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcon Laboratories
- Bausch Health Companies
- Carl Zeiss Meditec
- Hoya Corporation
- Johnson & Johnson
- Nidek
- Ziemer Group
- Schwind Eye-tech-solutions
- AMETEK
- Topcon
- Optovue
Highlights of The Ophthalmology Diagnostics and Surgical Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ophthalmology Diagnostics Devices
- Ophthalmology Surgical Devices
- By Application:
- Hospital
- Diagnostic Centres
- Specialty Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ophthalmology Diagnostics and Surgical Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ophthalmology Diagnostics and Surgical Devices is a company that manufactures diagnostic equipment for the medical field. Their products include devices used to measure eye pressure, diagnose diseases of the eyes, and perform surgery on the eyes.
Some of the major companies in the ophthalmology diagnostics and surgical devices market are Alcon Laboratories, Bausch Health Companies, Carl Zeiss Meditec, Hoya Corporation, Johnson & Johnson, Nidek, Ziemer Group, Schwind Eye-tech-solutions, AMETEK, Topcon, Optovue.
The ophthalmology diagnostics and surgical devices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmology Diagnostics and Surgical Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Ophthalmology Diagnostics and Surgical Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ophthalmology Diagnostics and Surgical Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Ophthalmology Diagnostics and Surgical Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Ophthalmology Diagnostics and Surgical Devices Market Size & Forecast, 2020-2028 4.5.1 Ophthalmology Diagnostics and Surgical Devices Market Size and Y-o-Y Growth 4.5.2 Ophthalmology Diagnostics and Surgical Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ophthalmology Diagnostics Devices
5.2.2 Ophthalmology Surgical Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Diagnostic Centres
6.2.3 Specialty Clinic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmology Diagnostics and Surgical Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ophthalmology Diagnostics and Surgical Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ophthalmology Diagnostics Devices
9.6.2 Ophthalmology Surgical Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Diagnostic Centres
9.10.3 Specialty Clinic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ophthalmology Diagnostics Devices
10.6.2 Ophthalmology Surgical Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Diagnostic Centres
10.10.3 Specialty Clinic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ophthalmology Diagnostics Devices
11.6.2 Ophthalmology Surgical Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Diagnostic Centres
11.10.3 Specialty Clinic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ophthalmology Diagnostics Devices
12.6.2 Ophthalmology Surgical Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Diagnostic Centres
12.10.3 Specialty Clinic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ophthalmology Diagnostics Devices
13.6.2 Ophthalmology Surgical Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Diagnostic Centres
13.10.3 Specialty Clinic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ophthalmology Diagnostics and Surgical Devices Market: Competitive Dashboard
14.2 Global Ophthalmology Diagnostics and Surgical Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcon Laboratories
14.3.2 Bausch Health Companies
14.3.3 Carl Zeiss Meditec
14.3.4 Hoya Corporation
14.3.5 Johnson & Johnson
14.3.6 Nidek
14.3.7 Ziemer Group
14.3.8 Schwind Eye-tech-solutions
14.3.9 AMETEK
14.3.10 Topcon
14.3.11 Optovue