Ophthalmic Equipment Market Drive Due To Rising prevalence of eye diseases

Luton, Bedfordshire, United Kingdom, Sept. 07, 2022 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed study report on the Ophthalmic Gear Market.

The global Ophthalmic Products Market size is USD 52. 80 billion in 2020 and is expected in order to grow to USD 75. 14 billion by 2029, at a Compounded annual growth rate (CAGR) of 4. 20%.

  Medical procedures plus elective surgeries have also been subjected to restrictions and bans by governments. The need for ophthalmic equipment has been limited by these limits. Ophthalmic equipment manufacturers are having difficulty giving in-person product presentations, working at full capacity, and attending or organising conferences as a result of these types of restrictions. Lockdowns in APAC countries like China plus India have caused ophthalmic equipment production and shipment to be delayed. All of these challenges make the development of the particular ophthalmic gear market difficult.

Over 2 million persons in the United Kingdom were blind in 2013, according in order to the Royal National Institute of Blind Persons (RNIB), with that number expected to climb to four. 1 million by 2050. Demand for precision disease treatment is expected to rise in the coming years as the frequency of vision illnesses rises, resulting in an increase within disability-adjusted life years (DALYs). As a result, worldwide demand with regard to ophthalmic products will increase.

Get Exclusive PDF Sample Copy of Ophthalmic Equipment Marketplace Report:   https://exactitudeconsultancy.com/reports/6441/ophthalmic-equipment-market/#request-a-sample  

Industry Insights:

Bausch + Lomb (Canada)

Overview: In February 2020, to raise awareness about AMD, Bausch + Lomb (Canada) cooperated with Prevent Blindness (US) using social media platforms to share information with the public.

In May 2020, Bausch + Lomb (Bauer + Lomb) LuxSmart, the particular company’s first EDOF IOL, and LuxGood, a monofocal IOL along with a preloaded delivery system and pure refractive optics (PRO) technology, were introduced.

  Haag-Streit Group (Switzerland)

Overview: In April 2020, Haag-Streit Group (Switzerland) bought VRmagic Holding AG (Germany) in order to bolster Haag-ophthalmology Streit’s market leadership.

Regional outlook-

Asia pacific currently dominates this market and will be expected to remain so regarding the foreseeable future. According to the United Nations Economic and Social Affairs Report (2019), Asia population of people aged 65 and older is anticipated to boost from 395. 3 mil in 2019 to 587. 4 million by 2030, leading in order to an increase in the prevalence of age-related eye diseases. Glaucoma affects around 3. 5 percent of those over the age of 45 in China, although it climbs substantially with age group, reaching more than 9 % in the populace over sixty-five. Similarly, because the frequency of diabetes rises within India, so does the number of cases with age-related macular degeneration (AMD).

Ophthalmic Equipment Market- Growing competition among key players, increasing horizontal plus vertical expansion is further expected to fuel the growth associated with Ophthalmic Tools Market.

The Key Players in Ophthalmic Equipment are essilorluxottica, Alcon, Johnson & Johnson Vision Care, HOYA Corporation, Bausch + Lomb, Carl Zeiss Meditec, Topcon, Glaukos Corporation, Haag-Streit, NIDEK, STAAR Surgical, Ziemer Ophthalmic Systems, coopervision, Inc, and others.

Ophthalmic Equipment Market Scope and Segmentation

Attributes

  Details (Current Scenario)

Base-Year

2021

Historic Data

  2016-2021

Forecast Period

2022-2029

Ophthalmic Equipment Marketplace Regions Covered

  • North America

  • Europe

  • Asian countries Pacific

  • South America

  • Middle East and Africa

product Type

  • Ophthalmic Devices by Product, 2020-2029 (USD Millions) (Millions Unit)

  • Eyesight Care Products

  • Ophthalmology Medical Devices

  • Vitreoretinal Surgical Devices

  • Refractive Surgical Devices

  • Glaucoma Surgical Products

  • Ophthalmic Microscopes

  • Ophthalmic Medical Accessories

  • Diagnostic And Monitoring Devices

End Use Industry

CAGR (Ophthalmic Apparatus Market)

10. 3 %   (Current Market Analysis)

Largest Regional marketplace

43% (Asia Pacific)

Customization Available

  Yes, the particular report can be customized as per your need. ( Free   15% Customization)

Browse Detailed Research Insights along with TOC: https://exactitudeconsultancy.com/reports/6441/ophthalmic-equipment-market/

Leading businesses are concentrating on growing their market share.

The particular market’s top players have made significant investments in both research and development plus production. The top leaders’ expansion plans include item offers that are backed up by excellent operational efficiency and cutting-edge technology. They’ve all emphasised the need of well-established supply chains. Top firms are usually producing new products and purchasing small-scale producers or suppliers in order to strengthen their market position and stay ahead associated with the competitors.

What are the Ophthalmic Machines Market factors that are explained in the report?

  • Ophthalmic Equipment Market Estimates plus Forecasts (2022-2029)

  • Key Drivers and Restraints Shaping Marketplace Growth

  • Segment-wise, Country-wise, and Region-wise Analysis

  • Competition Mapping and Benchmarking

  • Brand Share and Market Share Analysis

  • Key Product Innovations and Regulatory Climate

  • COVID-19 Impact on Demand intended for Ophthalmic Equipment and How to Navigate

  • Recommendation upon Key Winning Strategies

Quick Buy – Ophthalmic Equipment Market Research Report: https://exactitudeconsultancy.com/reports/6441/ophthalmic-equipment-market#inquire-for-discount        

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