NEW YORK , Jan. 5, 2023 /PRNewswire/ — A latest research report [115+] pages with 360-Degree visibility, titled “Ophthalmic Equipment Market Share, Dimension, Trends, Industry Analysis Report, By Product; By End-Use (Consumers, Hospitals, Specialty Clinics & Ambulatory Surgery Centers, Others); By Region; Segment Forecast, 2022 – 2030” published by Polaris Market Research in its research repository.
According to the study report, the global Ophthalmic Equipment Marketplace size was estimated at USD 61. 1 Billion in 2021 and is expected to reach USD 92. 4 Billion dollars by 2030 . The global Ophthalmic Equipment Market is likely to grow at a compound annual growth rate (CAGR) of 4. 8% from 2022 to 2030″.
How Big is Ophthalmic Gear Market? What is Expected Size & Share of Ophthalmic Equipment Market?
- Statement Overview
Ophthalmic equipment is a medical component used in surgery, diagnostics, and vision therapy. It prevents accidents or illness, plus eye damage. Retinal detachment is of the particular common eye diseases that can be detected and evaluated using ophthalmic instruments. The disease is associated with vision loss plus glaucoma, which can damage the optic nerve. Ophthalmic equipment is usually used for diagnostic purposes and will be non-invasive.
Forceps, hooks & probes, micro scissors, needle holders, tiny blades, spatulas, depressors & retractors, speculums, and scissors are the equipment designed for ophthalmology. The growing prevalence associated with ocular disorders like cataracts and glaucoma is driving market growth. The rising adoption of contact lenses and spectacles is usually anticipated to support ophthalmic gear market size growth in the forecast period.
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(The sample of this report is definitely readily available on request. The particular report sample contains a brief introduction to the particular research report, Table of Contents, Graphical introduction associated with regional analysis, Top players in the market with their revenue evaluation and our research methodology. )
Our Sample Record May Includes:
- 2030 Updated Report Introduction, Overview, plus In-depth industry analysis
- 115+ Pages Study Report (Inclusion of Up-to-date Research)
- Provide Chapter-wise guidance on Request
- 2022 Updated Regional Analysis along with Graphical Representation of Dimension, Share & Trends
- Consists of Updated List of table & figures
- Updated Report Contains Top Marketplace Players using their Business Strategy, Sales Volume, and Revenue Analysis
Ophthalmic Equipment Market Report Highlights
- Vision care products accounted for the most considerable market share inside 2021 due to increasing demand with regard to spectacles and contact lenses such as soft disposable lenses, RGP lenses, plus hybrid contact lenses.
- The consumer segment accounted for the most significant business in 2021 due to increasing ocular disorders with the rising adoption of contact lens and spectacles.
- North America dominated the regional market during the forecast period due in order to the increasing geriatric population, increasing healthcare expenditure, and awareness about eye care and ocular diseases in emerging economies such as the US and Canada .
Some of the Top Marketplace Players Are:
- Alcon Vision LLC
- Bausch & Lomb Incorporated
- Carl Zeiss Meditec AG
- Essilor International S. A
- Haag-Streit Group
- Ivantis Inc.
- Johnson & Manley Vision Care
- Nidek Co. Ltd
- TOPCON Corporation
- Ziemer Ophthalmic Systems Ltd
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Ophthalmic Tools Market: Report Scope
Income forecast inside 2030
USD ninety two. 4 Billion
Market size value in 2022
USD 63. 4 Billion dollars
Expected CAGR Growth
4. 8% from 2022 – 2030
2022 – 2030
Top Market Players
Alcon Vision LLC, Bausch & Lomb Incorporated, Carl Zeiss Meditec AG, Essilor International S. The, Haag-Streit Group, Ivantis Inc., Johnson & Johnson Eyesight Care, Nidek Co. Ltd, TOPCON Corporation, and Ziemer Ophthalmic Techniques Ltd.
By Item, By End-Use, By Region
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Growth Driving Factors
- Growing cases associated with eye diseases are pushing the market development
Increasing cases of eye disorders such as cataracts, age-related macular degeneration (AMD), and diabetic retinopathy are expected to increase demand regarding ophthalmic devices. A surge in the adoption of digital devices, including smartphones, laptops, and computers, e-readers, plus rising technological developments are boosting the particular industry’s growth. The increasing health concern, like eyesight loss due to rising cases of major vision diseases among the population, can be propelling the marketplace expansion.
Moreover, ophthalmic products market trends such as rising health care spending, growing governmental investments, and improving medical tourism are anticipated to create growth opportunities in the ophthalmic tools market intended for leading players. Growing emphasis on customer training and education among eye care professionals regarding eye disorders is further anticipated to support the particular market development. Increasing focus by market players on launching new micro-invasive glaucoma surgical implants is likely to flourish the business demand.
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- In January 2022 , Alcon announced the acquisition associated with Ivantis Incorporation. to help ensure the continuity of the business and relationships with existing customers plus allow Alcon to begin its future growth plants in order to bring Hydrus Microstent to more international markets.
- Vision maintenance systems held the largest market share in 2021
Based on products, the vision care products category made up the particular highest ophthalmic equipment market share in 2021, owing in order to the growing demand to get spectacles and lenses. Further, the specs sub-segment of vision treatment products recorded a considerable business owing to the rising advantages, such because easier reading and cost-effectiveness. Factors like emerging lifestyles and a rising population are usually fueling segment growth.
Additional, the rising demand pertaining to spectacles in young people to shield their eyes from the sun, as well as the particular growing trend of looking smarter plus more fashionable among the young populace, is enhancing the demand for glasses. The segment is also gaining growth because of to the particular growing need for get in touch with lenses which provides a wider field associated with view along with less distortion and viewer obstruction than eyeglasses.
- Consumers segment witnessed a significant market share inside 2021
Simply by end use, consumers captured a considerable marketplace share owing to the factors such while increasing make use of contacts to treat a wide range of eyesight problems this kind of as astigmatism, presbyopia, myopia, and hyperopia. The growing focus upon aesthetics, along with the rising ownership of colored for the purpose of in the fashion industry. Furthermore, the hospital segment is certainly anticipated to generate the fastest growth in the ophthalmic equipment market the upcoming years. This growth can be attributed in order to the integration of ophthalmic technology within hospitals and the availability of affordable plus efficient treatment in clinics.
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- North America held the particular highest business
On the basis of geography, ophthalmic equipment marketplace in Northern America accounted for the major revenue share with regard to the particular growing elderly population. The toxic life styles and high-stress levels have led to an increase within the cases associated with chronic attention disorders, fueling the market growth inside the region. In North America , the developing demand meant for ophthalmic devices is being driven simply by the increased adoption of new repayment models for ophthalmologic therapy as well as an introduction of a stringent regulatory environment to ensure patient safety.
Moreover, Asia Pacific is expected to record the quickest CAGR throughout the foreseen time period. This development can be attributed to the enhanced healthcare system and the improved cases of eye conditions like glaucoma. In addition, the presence of significant market gamers like Alcon, Inc. is driving local market growth.
Browse the Detail Report “Ophthalmic Equipment Marketplace Share, Size, Trends, Business Analysis Survey, By Product; By End-Use (Consumers, Private hospitals, Specialty Treatment centers & Ambulatory Surgery Facilities, Others); By Region; Section Forecast, 2022 – 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/ophthalmic-equipment-market
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Key Highlights from the Report
- Market tendencies that involve product and technical analysis, drivers and constraints, PORTER’s five forces analysis
- In-depth evaluation of segments and sub-segments with regional market
- Competitive landscape plus strategies associated with key players
- Recent styles and developments which involve growth possibilities
- Future outlook and prospects for the marketplace
- Reliable market value chain and supply string analysis
- Import-Export policies concerning the products/services in the particular market
Polaris Market Analysis has segmented the ophthalmic equipment market report based on item, end-use, and region:
Simply by Product Outlook
- Vision Care Products
- Contact Lenses
- Soft Contact Lenses
- Rigid Gas Permeable Lens
- Hybrid Disposable lenses
- Surgical Devices
- Cataract Medical Products
- Intraocular Lenses
- Ophthalmic Viscoelastic Gadgets
- Phacoemulsification Devices
- Cataract Surgical Lasers
- IOL Injectors
- Vitreoretinal Surgical Products
- Vitrectomy Machines
- Vitreoretinal Packs
- Photocoagulation Lasers
- Illumination Gadgets
- Vitrectomy Probes
- Refractive Operative Devices
- Femtosecond Lasers
- Excimer Lasers
- Other Refractive Surgical Lasers
- Glaucoma Surgical Products
- Glaucoma Drainage Gadgets
- Microinvasive Glaucoma Surgery Devices
- Glaucoma Laser Systems
- Ophthalmic Microscopes
- Ophthalmic Surgical Accessories
- Surgical Instruments & Kits
- Ophthalmic Forceps
- Ophthalmic Spatulas
- Ophthalmic Tips & Handles
- Ophthalmic Scissors
- Macular Lens
- Ophthalmic Cannulas
- Other Ophthalmic Surgical Add-ons
- Diagnostic plus Monitoring Products
- Optical Coherence Tomography Scanners
- Fundus Cameras
- Perimeters/Visual Field Analysers
- Autorefractors & Keratometers
- Ophthalmic Ultrasound Imaging Techniques
- Ultrasound Microscopes
- Slit Lamps
- Wavefront Aberrometers
- Optical Biometry Systems
- Lens meters
- Corneal Topography Techniques
- Chart Projectors
- Specular Microscopes
By End-Use Perspective
- Specialty Centers & Ambulatory Surgery Centers
Simply by Region View
- Northern America (U. S., Canada )
- Europe ( France , Germany , UK, Italy , Netherlands , Spain , Russia )
- Asia Pacific ( Japan , China , India , Malaysia , Indonesia , South Korea )
- Latin The united states ( Brazil , Mexico , Argentina )
- Middle East & Africa ( Saudi Arabia , UAE, Israel , South The african continent )
About Polaris Researching the market
Polaris Market Research will be a global market research and consulting company. The particular company specializes in providing exceptional market intelligence and in-depth business study services for PMR’s clientele spread across different enterprises. We in Polaris are obliged to serve PMR’s diverse client base present across the industries of healthcare, technology, semi-conductors and chemicals amongst various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high development markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions plus leverage brand new opportunities. Adept with a highly competent, experienced and extremely qualified team associated with experts comprising SMEs, analysts and consultants, we from Polaris endeavor to deliver value-added company solutions in order to PMR’s clients.
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