Global Ophthalmology Devices Market, By Product Type (Vision Care Devices, Surgery Devices and Diagnostic and Monitoring Devices), Application (Vision Care, Ophthalmic Wound care, Cataract Surgery, Oculoplastic and Others), End User (Hospitals, Diagnosis Clinics, Franchise Optical Stores, Eye Research Institutes, Government Agencies and Academics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of the Middle East & Africa) Industry Trends and Forecast to 2028.
The ophthalmology devices market is expected to witness market growth at a rate of 4.85% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ophthalmology devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the focus on customer training and education among eye care professionals regarding eye diseases is escalating the growth of ophthalmology devices market.
Ophthalmology is known to be a field of medical science that handles with the function, structure and several eye diseases. Ophthalmic devices are medical equipment designed for surgery, diagnosis and vision correction.
Major factors that are expected to boost the ophthalmology devices market in the forecast period are the rise in the incidence of ophthalmic diseases involving cataract and glaucoma. Furthermore, the increase in the penetration of digital devices, such as smartphones, laptops and computers, e-readers and so forth is further anticipated to propel the growth of the ophthalmology devices market. Increase in the technological developments including the introduction of intraocular lenses (IOLs) is further estimated to cushion the growth of the ophthalmology devices market. On the other hand, the dearth awareness regarding the eye-related diseases is further projected to impede the growth of the ophthalmology devices market in the timeline period.
In addition, the advancing countries because to the enhancing healthcare infrastructure will further provide potential opportunities for the growth of the ophthalmology devices market in the coming years. However, the dearth of skilled professionals might further challenge the growth of the ophthalmology devices market in the near future.
This ophthalmology devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ophthalmology devices market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Ophthalmology Devices Market Scope and Market Size
The ophthalmology devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of product type, the ophthalmology devices market is segmented into diagnostic and monitoring devices, surgery devices and vision care devices.
- On the basis of application, the ophthalmology devices market is segmented into cataract surgery, vision care, ophthalmic wound care, oculoplastic and others.
- On the basis of end user, the ophthalmology devices market is segmented into hospitals, academics, eye research institutes, research laboratories, diagnosis clinics, franchise optical stores and government agencies.
Ophthalmology Devices Market Country Level Analysis
The ophthalmology devices market is segmented on the basis of product type, application and end user.
The countries covered in the ophthalmology devices market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmology devices market due to the diabetic retinopathy. Furthermore, the loss of vision and blindness cases will further boost the growth of the ophthalmology devices market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the ophthalmology devices market due to the increase in the aging population. Moreover, the rise in the inclination toward surgical procedures for treatment is further anticipated to propel the growth of the ophthalmology devices market in the region in the coming years.
The country section of the ophthalmology devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The ophthalmology devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the ophthalmology devices market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the ophthalmology devices market. The data is available for the historic period 2010-2019.
Competitive Landscape and Ophthalmology Devices Market Share Analysis
The ophthalmology devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the ophthalmology devices market.
The major players covered in the ophthalmology devices market report are Essilor, Marco, Heidelberg Engineering GmbH., HAAG-STREIT GROUP, Johnson & Johnson Surgical Vision, Inc., HOYA Corporation., CIBA VISION, NIDEK CO., LTD., TOPCON CORPORATION, ZEISS International, Canon Inc., CooperVision, Bausch & Lomb Incorporated., STAAR SURGICAL, AcuFocus, Inc., Ziemer Ophthalmic Systems among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ophthalmology Devices Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market, and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.