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PUBLISHER: IMARC | PRODUCT CODE: 1207108
PUBLISHER: IMARC | PRODUCT CODE: 1207108
Ophthalmic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global ophthalmic devices market size reached US$ 26.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Ophthalmic devices are medical equipment used for surgical diagnosis and vision correction. They comprise contact lenses, contact lens care products, diagnostics, implants, intraocular lenses (IOLs), lasers, phacoemulsification systems, artificial tears, and surgical instruments. They are used to diagnose and cure ocular abnormalities or deficits, and other eye diseases. They aid in making the eye-treatment procedure more convenient for patients and ophthalmologists by reducing treatment time and providing high-quality eye care. At present, due to the rising prevalence of ophthalmic diseases, such as cataracts and glaucoma, there is an increase in the demand for ophthalmic devices across the globe.
Ophthalmic Devices Market Trends:
- The growing reliance on digital devices, such as laptops, smartphones, computers and e-readers, represents one of the key factors driving the market. Moreover, there is a rise in the utilization of intraocular lenses (IOLs) to replace the natural lens of eyes for restoring both near and distant vision. This, along with the expanding healthcare industry, is propelling the growth of the market. In addition, the growing customer training and education among eye care professionals to cure eye diseases and associated complications is positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities for the development of novel devices to treat vision errors. This, coupled with the rising awareness about ophthalmic devices among individuals, is offering lucrative growth opportunities to industry investors. Additionally, there is an increase in the employment of micro-invasive glaucoma (MIGs) surgical implants for the treatment of mild to moderate glaucoma. In line with this, governments of several countries are undertaking initiatives to promote eye health, which is bolstering the market growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global ophthalmic devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and end use.
Breakup by Product Type:
- Surgical
- Implants
- Consumables
- Equipment
- Vision Care
- Contact Lens
- Ocular Health
Breakup by Application:
- Cataract
- Vitreo Retinal Disorders
- Glaucoma
- Refractor Disorders
Breakup by End Use:
- Hospitals and Eye Clinics
- Academic and Research Laboratory
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Bausch & Lomb Incorporated (Bausch Health Companies Inc.), Carl Zeiss Meditec AG, EssilorLuxottica SA, Haag-Streit Group, HOYA Surgical Optics GmbH (Hoya Corporation), Leica Microsystems GmbH (Danaher Corporation), Nidek Co Ltd., Topcon Corporation, Volk Optical Inc. and Ziemer Ophthalmic Systems AG.
Key Questions Answered in This Report:
- How has the global ophthalmic devices market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global ophthalmic devices market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global ophthalmic devices market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR1323A580_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ophthalmic Devices Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Surgical
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Implants
- 6.1.2.2 Consumables
- 6.1.2.3 Equipment
- 6.1.3 Market Forecast
- 6.2 Vision Care
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Contact Lens
- 6.2.2.2 Ocular Health
- 6.2.3 Market Forecast
7 Market Breakup by Application
- 7.1 Cataract
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Vitreo Retinal Disorders
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Glaucoma
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Refractor Disorders
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by End Use
- 8.1 Hospitals and Eye Clinics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Academic and Research Laboratory
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Bausch & Lomb Incorporated (Bausch Health Companies Inc.)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 SWOT Analysis
- 14.3.2 Carl Zeiss Meditec AG
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 EssilorLuxottica SA
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Haag-Streit Group
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 HOYA Surgical Optics GmbH (Hoya Corporation)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Leica Microsystems GmbH (Danaher Corporation)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Nidek Co Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 SWOT Analysis
- 14.3.8 Topcon Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Volk Optical Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Ziemer Ophthalmic Systems AG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Bausch & Lomb Incorporated (Bausch Health Companies Inc.)
Product Code: SR1323A580_Report
List of Figures
- Figure 1: Global: Ophthalmic Devices Market: Major Drivers and Challenges
- Figure 2: Global: Ophthalmic Devices Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Ophthalmic Devices Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Ophthalmic Devices Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Ophthalmic Devices Market: Breakup by Application (in %), 2022
- Figure 6: Global: Ophthalmic Devices Market: Breakup by End Use (in %), 2022
- Figure 7: Global: Ophthalmic Devices Market: Breakup by Region (in %), 2022
- Figure 8: Global: Ophthalmic Devices (Surgical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Ophthalmic Devices (Surgical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Ophthalmic Devices (Vision Care) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Ophthalmic Devices (Vision Care) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Ophthalmic Devices (Cataract) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Ophthalmic Devices (Cataract) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Ophthalmic Devices (Vitreo Retinal Disorders) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Ophthalmic Devices (Vitreo Retinal Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Ophthalmic Devices (Glaucoma) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Ophthalmic Devices (Glaucoma) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Ophthalmic Devices (Refractor Disorders) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Ophthalmic Devices (Refractor Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Ophthalmic Devices (Hospitals and Eye Clinics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Ophthalmic Devices (Hospitals and Eye Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Ophthalmic Devices (Academic and Research Laboratory) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Ophthalmic Devices (Academic and Research Laboratory) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Ophthalmic Devices (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Ophthalmic Devices (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: North America: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: North America: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: United States: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: United States: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Canada: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Canada: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Asia-Pacific: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Asia-Pacific: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: China: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: China: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Japan: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Japan: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: India: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: India: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: South Korea: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: South Korea: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Australia: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Australia: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Indonesia: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Indonesia: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Others: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Others: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Europe: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Europe: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Germany: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Germany: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: France: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: France: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: United Kingdom: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: United Kingdom: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Italy: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Italy: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Spain: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Spain: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Russia: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Russia: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Latin America: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Latin America: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Brazil: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Brazil: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Mexico: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Mexico: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Middle East and Africa: Ophthalmic Devices Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Middle East and Africa: Ophthalmic Devices Market: Breakup by Country (in %), 2022
- Figure 74: Middle East and Africa: Ophthalmic Devices Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Global: Ophthalmic Devices Industry: SWOT Analysis
- Figure 76: Global: Ophthalmic Devices Industry: Value Chain Analysis
- Figure 77: Global: Ophthalmic Devices Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Ophthalmic Devices Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Ophthalmic Devices Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Ophthalmic Devices Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Ophthalmic Devices Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 5: Global: Ophthalmic Devices Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Ophthalmic Devices Market: Competitive Structure
- Table 7: Global: Ophthalmic Devices Market: Key Players
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