Market Overview:
The global diagnostic ophthalmic devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising awareness about eye health, and technological advancements in diagnostic ophthalmic devices. Based on type, the global diagnostic ophthalmic devices market is segmented into ophthalmic OCT, automatic optometry unit, ophthalmic UBM, and others. The automatic optometry unit segment is expected to grow at the highest CAGR during the forecast period owing to its growing demand for accurate and fast diagnosis of vision problems. Based on application, the global diagnostic ophthalmic devices market is segmented into hospital, eye clinic, and private physical examination center. The hospital segment dominates this market due to increasing number of surgical procedures being performed in hospitals worldwide.
Product Definition:
A diagnostic ophthalmic device is a tool used to diagnose eye problems. These devices can include autorefractors, keratometers, slit lamps, tonometers and pachymeters. The use of these devices allows doctors to accurately detect and diagnose conditions such as nearsightedness, farsightedness, astigmatism and glaucoma.
Ophthalmic OCT:
Ophthalmic Computed Tomography (OCT) is a diagnostic medical procedure that is used to obtain cross-sectional imaging data of the retina and choroid. OCT can be utilized to evaluate glaucoma, cataract, retinal disease & damage, vitreous hemorrhage/retinal tear and other ocular disorders.
Automatic Optometry Unit:
An Automatic Optometry Unit (AOU) is a diagnostic ophthalmic device used to perform visual tests such as Snellen's chart test, far vision, near vision and intermediate distance testing. The AOU also provides automated results for the ophthalmologists which helps in efficient management of patient’s records.
Increasing prevalence of eye disorders such as glaucoma, cataract.
Application Insights:
Based on application, the global diagnostic optical devices market is segmented into hospital, private physical examination centers and others. The hospital segment dominated the overall application category in terms of revenue in 2017. This high share can be attributed to factors such as increasing number of ophthalmic surgeries and rising prevalence of eye diseases. In addition, an increase in spending capacity among individuals with visual impairment is also expected to drive demand for advanced diagnostics optical devices over the forecast period.
The other segment includes clinics that provide services for diagnosis or treatment of eye diseases outside a medical facility or a hospital setting such as optical shops and vision care centers that offer various diagnostic services related to eyesight including refractive surgery evaluation using state-of-the-art equipment.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, high prevalence of eye disorders, and increasing geriatric population. The U.S., which is the most developed country in North America, has a large number of local manufacturers that offer advanced products at competitive prices resulting in higher accessibility for patients.
In Asia Pacific region, Japan held a significant share due to presence of major players such as Fujifilm Holdings Corporation; Olympus Corporation; Nikon Corporation; Sony Corporation; Samsung Electronics Co., Ltd.; Koninklijke Philips N.V.; Panasonic Corporation; Zeiss Meditec AG & Co., Ltd.; Toshiba Medical Systems Company Limited (TMS); Shirette International Inc.; PerkinElmer Incorporated (PEI); Optronics Technology Co., Ltd.
Growth Factors:
- Increasing prevalence of eye diseases and disorders: The global prevalence of blindness is estimated to be around 7.5 million, while that of low vision is estimated to be around 285 million. This number is expected to increase in the coming years due to the increasing aging population and rising incidence of eye diseases and disorders.
- Technological advancements in diagnostic ophthalmic devices: There has been a significant advancement in diagnostic ophthalmic devices in recent years, with new technologies being developed for early detection and treatment of various eye conditions. This is likely to drive the growth of the market over the next few years.
- Growing demand for minimally invasive procedures: Ophthalmologists are increasingly adopting minimally invasive procedures such as laser surgery, which require less time for recovery and cause minimal pain or discomfort to patients. This is driving demand for diagnostic ophthalmic devices that can facilitate these procedures effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diagnostic Ophthalmic Devices Market Research Report
By Type
Ophthalmic OCT, Automatic Optometry Unit, Ophthalmic UBM, Others
By Application
Hospital, Eye Clinic, Private Physical Examination Center
By Companies
Zeiss, Haag Streit, Topcon, Nidek, Essilor, Ziemer, Canon, Gulden Ophthalmics, Optovue, Quest Medical, Zeiss, EyeKon Medical, FCI Ophthalmics, Atrion, Sterimedix, OPIA, IRIDEX, Jardon Eye Prosthetics
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Diagnostic Ophthalmic Devices Market Report Segments:
The global Diagnostic Ophthalmic Devices market is segmented on the basis of:
Types
Ophthalmic OCT, Automatic Optometry Unit, Ophthalmic UBM, Others
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, Eye Clinic, Private Physical Examination Center
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:
- Zeiss
- Haag Streit
- Topcon
- Nidek
- Essilor
- Ziemer
- Canon
- Gulden Ophthalmics
- Optovue
- Quest Medical
- Zeiss
- EyeKon Medical
- FCI Ophthalmics
- Atrion
- Sterimedix
- OPIA
- IRIDEX
- Jardon Eye Prosthetics
Highlights of The Diagnostic Ophthalmic 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:
- Ophthalmic OCT
- Automatic Optometry Unit
- Ophthalmic UBM
- Others
- By Application:
- Hospital
- Eye Clinic
- Private Physical Examination Center
- 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 Diagnostic Ophthalmic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Diagnostic ophthalmic devices are medical devices used to diagnose and monitor diseases of the eye. These devices include spectacles, contact lenses, and other equipment used in ophthalmology.
Some of the key players operating in the diagnostic ophthalmic devices market are Zeiss, Haag Streit, Topcon, Nidek, Essilor, Ziemer, Canon, Gulden Ophthalmics, Optovue, Quest Medical, Zeiss, EyeKon Medical, FCI Ophthalmics, Atrion, Sterimedix, OPIA, IRIDEX, Jardon Eye Prosthetics.
The diagnostic ophthalmic devices market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Diagnostic Ophthalmic 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 Diagnostic Ophthalmic Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Diagnostic Ophthalmic 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 Diagnostic Ophthalmic 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 Diagnostic Ophthalmic Devices Market Size & Forecast, 2020-2028
4.5.1 Diagnostic Ophthalmic Devices Market Size and Y-o-Y Growth
4.5.2 Diagnostic Ophthalmic 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 Ophthalmic OCT
5.2.2 Automatic Optometry Unit
5.2.3 Ophthalmic UBM
5.2.4 Others
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 Eye Clinic
6.2.3 Private Physical Examination Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diagnostic Ophthalmic 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 Diagnostic Ophthalmic 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 Ophthalmic OCT
9.6.2 Automatic Optometry Unit
9.6.3 Ophthalmic UBM
9.6.4 Others
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 Eye Clinic
9.10.3 Private Physical Examination Center
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 Ophthalmic OCT
10.6.2 Automatic Optometry Unit
10.6.3 Ophthalmic UBM
10.6.4 Others
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 Eye Clinic
10.10.3 Private Physical Examination Center
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 Ophthalmic OCT
11.6.2 Automatic Optometry Unit
11.6.3 Ophthalmic UBM
11.6.4 Others
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 Eye Clinic
11.10.3 Private Physical Examination Center
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 Ophthalmic OCT
12.6.2 Automatic Optometry Unit
12.6.3 Ophthalmic UBM
12.6.4 Others
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 Eye Clinic
12.10.3 Private Physical Examination Center
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 Ophthalmic OCT
13.6.2 Automatic Optometry Unit
13.6.3 Ophthalmic UBM
13.6.4 Others
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 Eye Clinic
13.10.3 Private Physical Examination Center
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 Diagnostic Ophthalmic Devices Market: Competitive Dashboard
14.2 Global Diagnostic Ophthalmic Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zeiss
14.3.2 Haag Streit
14.3.3 Topcon
14.3.4 Nidek
14.3.5 Essilor
14.3.6 Ziemer
14.3.7 Canon
14.3.8 Gulden Ophthalmics
14.3.9 Optovue
14.3.10 Quest Medical
14.3.11 Zeiss
14.3.12 EyeKon Medical
14.3.13 FCI Ophthalmics
14.3.14 Atrion
14.3.15 Sterimedix
14.3.16 OPIA
14.3.17 IRIDEX
14.3.18 Jardon Eye Prosthetics
