Ophthalmology deals with the physiological study of eyes. The ophthalmic equipment is predominantly used to diagnose, monitor and prevent the ophthalmic disorders such as glaucoma and cataract. The market is valued at $48.23 billion in 2017 and is anticipated to reach $59.32 billion by the end of 2024 which is growing with CAGR of 3.6%. The factors like increase in the eye related diseases including glaucoma, cataract and others, technological advancements and high adoption of digital devices across the globe, increasing adoption of the contact lenses and spectacles and government support for the sophisticated healthcare infrastructure and several healthcare centres dedicated to ophthalmic patients are driving the market growth. The factors including the high cost of ophthalmology devices, reimbursement cuts for ophthalmic surgical procedures and increasing adoption of refurbished ophthalmic devices are degrading the market growth.
Research Study Objectives:
- Define, estimate, and forecast the Ophthalmic Equipment market statistics by product, end-user and regions concerning the individual growth drivers, market trends and their contribution toward the Ophthalmic Equipment market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Ophthalmic Equipment Market Analysis
- Analysis and conclusions on the future Ophthalmic Equipment market outlook.
Top-down and bottom-up approaches are used to validate the Ophthalmic Equipment Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary
research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Ophthalmic Equipment Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Ophthalmic Equipment market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Ophthalmic Equipment market segmentation is as follows:
By Product
- Ophthalmology Surgical Devices
- Cataract Surgical Devices
- Ophthalmic Viscoelastic Devices (OVDS)
- Intraocular Lenses (IOLS)
- Cataract Surgical Lasers
- Phacoemulsification Devices
- Iol Injectors
- Vitreoretinal Surgical Devices
- Photocoagulation Lasers
- Vitrectomy Machines
- Vitreoretinal Packs
- Vitrectomy Probes
- Illumination Devices
- Glaucoma Surgical Devices
- Micro-invasive Glaucoma Surgical Devices
- Glaucoma Drainage Devices (GDDS)
- Refractive Surgical Devices
- Excimer Lasers
- Femtosecond Lasers
- Others
- Ophthalmic Microscopes
- Ophthalmic Accessories
- Macular Lenses
- Ophthalmic Tips and Handles
- Ophthalmic Spatulas
- Ophthalmic Forceps
- Ophthalmic Scissors
- Ophthalmic Cannulas
- Surgical Instruments and Kits
- Others
- Vision Care Products
- Contact Lenses
- Spectacles
- Hybrid Contact Lenses
- Soft Contact Lenses
- Rigid Gas Permeable Lenses (RGP)
- Diagnostic and Monitoring Devices
- Fundus Cameras
- Optical Coherence Tomography Scanners
- Perimeters/Visual Field Analyzers
- Autorefractors and Keratometers
- Ophthalmic Ultrasound Imaging Systems
- Ophthalmic Pachymeters
- Ophthalmic B-Scan Ultrasound
- Ophthalmic Ultrasound Biomicroscopes
- Ophthalmic A-Scan Ultrasound
- Wavefront Aberrometers
- Slit Lamps
- Chart Projectors
- Tonometers
- Specular Microscopes
- Ophthalmoscopes
- Lensmeters
- Corneal Topography Systems
- Phoropters
- Optical Biometry Systems
- Retinoscopes
By End-user
- Specialty Clinics and Ambulatory Surgery Centers
- Hospitals
- Consumers
- Others
Geographical Analysis:
Ophthalmic Equipment Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland
and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Ophthalmic Equipment Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Ophthalmic Equipment Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Ophthalmic Equipment market players, such as
- Carl Zeiss Meditec
- Johnson & Johnson
- Alcon Medical Company
- Valeant Pharmaceuticals
- Haag-Streit Holding
- Along with these companies, many other companies are considered in the report while analysing the Global Ophthalmic Equipment market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
