PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1881234
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1881234
The ophthalmic equipment market is projected to reach USD 26.14 billion by 2030 from USD 19.65 billion in 2025, at a CAGR of 5.9% during the forecast period.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2024-2033 |
| Base Year | 2024 |
| Forecast Period | 2025-2030 |
| Units Considered | Value (USD billion) |
| Segments | Technology, Product Type, End User, and Region |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries |
The ophthalmic equipment market is mainly propelled by the increasing prevalence of eye conditions such as cataracts, glaucoma, and diabetic retinopathy, along with the aging global population. Rising use of advanced diagnostic tools like OCT and fundus cameras, higher healthcare expenditures, and broader access to eye care services in developing countries also drive market growth.
Additionally, innovations in technology that support minimally invasive and AI-based eye care solutions boost adoption. However, high equipment costs and a shortage of skilled professionals limit market expansion.

By product type, surgical devices dominate the ophthalmic equipment market because of the high volume of cataract, refractive, and glaucoma surgeries worldwide. Advances in microsurgical techniques, femtosecond lasers, and phacoemulsification systems have improved precision and outcomes, increasing their adoption. Additionally, the growing elderly population and the expanding availability of advanced surgical centers further boost demand for ophthalmic surgical devices.
By end user, hospitals hold the largest share in the ophthalmic equipment market because they serve as primary centers for comprehensive eye care, providing both diagnostic and surgical services. They have advanced infrastructure and skilled ophthalmologists, and they attract more patients than clinics. Additionally, hospitals' ability to invest in high-end ophthalmic equipment for complex procedures strengthens their dominance in the overall market.
North America holds the largest share of the ophthalmic equipment market because of its advanced healthcare infrastructure, high adoption of innovative diagnostic and surgical technologies, and a strong presence of leading manufacturers. The region benefits from significant healthcare spending, supportive reimbursement policies, and a large number of trained ophthalmologists. Additionally, the increasing prevalence of age-related eye diseases like glaucoma and macular degeneration further boosts equipment demand, while ongoing innovation and early technology adoption help sustain the market dominance.
Prominent players in the ophthalmic equipment market are Bausch Health Companies, Inc. (Canada), Alcon (US), Carl Zeiss Meditec AG (Germany), Johnson & Johnson Vision Care (US), HOYA Corporation (Japan), EssilorLuxottica (France), Canon Inc. (Japan), Glaukos Corporation (US), Nidek Co., Ltd. (Japan), Topcon Corporation (Japan), Staar Surgical (US), Haag-Streit (Switzerland), Visionix (France), Shanghai Mediworks Precision Instruments Co., Ltd. (China), Halma plc (UK), among others.
Research Coverage
The report assesses the ophthalmic equipment market and estimates its size and future growth potential across various segments, including technology, product type, end user, and region. It also provides a competitive analysis of the major players, featuring company profiles, product offerings, recent developments, and key market dynamics strategies.
Reasons to Buy the Report
The report will help market leaders and new entrants by providing data on approximate revenue figures for the overall market, the ophthalmic equipment sector, and its subsegments. It will assist stakeholders in understanding the competitive landscape and gaining insights to better position their businesses and develop effective go-to-market strategies. Additionally, the report helps stakeholders grasp the market pulse by offering data on key drivers, barriers, obstacles, and opportunities in the market.