DUBLIN--(BUSINESS WIRE)--The "Global Ophthalmic Devices Market (By Applications, Products, End Users, Regions), Major Deals, Trends, Key Players Analysis, Recent Developments - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global ophthalmic devices market is predicted to reach nearly US$ 65 Billion by 2025.
Ophthalmic devices are continuously gaining increased importance and adoption due to the high prevalence of various ophthalmic diseases such as glaucoma, cataract, and other vision-related issues.
The factors such as increasing prevalence of eye-related diseases such as glaucoma, cataract, and others, rapid technological advancements, increase in initiatives to spread awareness, and high adoption of digital devices globally fuels the growth of global ophthalmology devices market.
Although these factors are expected to drive the ophthalmic devices market growth, elements such as the high cost of ophthalmic devices and a dearth of skilled professionals with expertise in ophthalmic surgery are projected to hamper the growth of the market.
By Application Segment
- On the basis of application, the vision care segment dominated the overall ophthalmic devices market.
- Surgical instruments devices held the second highest share of the overall ophthalmic devices market, while the diagnostic & monitoring devices segment is expected to grow at the fastest rate during the forecast period.
By Products
- On product basis, contact lens held the largest share of the ophthalmic devices market, while, cataract surgery devices accounted for second-highest share of the total ophthalmic devices market.
- Retinal surgery devices are the third largest product segment of the ophthalmic devices market in 2018.
- The global market for fundus cameras was valued close to US$ 430 Million in 2018.
- The global optical coherence tomography (OCT) scanner market is poised to grow at a CAGR of around 9.5% during the forecast period 2019-2025.
- The global cataract surgery devices market is projected to reach close to US$ 9 Billion mark by 2025.
By End-users
- Consumers segment accounted for the highest share of the global ophthalmic devices market, as a majority of the ophthalmic products such as vision care products are used by the common consumers.
- Hospitals and ophthalmic clinics & centers captured the 2nd and 3rd largest share of the overall ophthalmic devices market respectively in 2018.
- Ambulatory surgical centers are likely to grow at the fastest rate during the forecast period, as these centers provide cost-effective services and a convenient environment that is less stressful than what many hospitals can offer.
By Region
- North America dominated the global ophthalmic devices market in 2018.
- In North America, the United States captured the highest share of the total ophthalmic devices market in 2018.
- Europe represents a major market for ophthalmic devices, owing to rising chronic eye diseases among the geriatric population.
- In Europe, Germany and the United Kingdom are the major market for ophthalmic devices.
- Asia Pacific is anticipated to grow at the fastest rate over the forecast period due to the presence of untapped opportunities in emerging economies such as China and India.
- Argentina ophthalmic devices market is estimated to expand at a CAGR of 4.7% over the forecast period 2019 - 2025.
-
China accounted for nearly 4% share of the global ophthalmic devices
market in 2018.
This report has been analyzed from 11 View Points:
1) Global Ophthalmic Devices Market and Forecast (2012 - 2025)
2) Global Ophthalmic Devices Market Share and Forecast (2012 - 2025)
3) By Application Segment - Global Ophthalmic Devices Market and Forecast (2012 - 2025)
4) Global Ophthalmic Diagnostics & Monitoring Devices Market and Forecast (2012 - 2025)
5) Global Ophthalmic Surgical Instruments Devices Market and Forecast (2012 - 2025)
6) Global Ophthalmic Vision Care Products Market and Forecast (2012 - 2025)
7) By End Users - Global Ophthalmic Devices Market and Forecast (2012 - 2025)
8) By Region - Ophthalmic Devices Market and Forecast (2012 - 2025)
9) Country Analysis - Ophthalmic Devices Market and Forecast (2012 - 2025)
10) Global Ophthalmic Devices Market - Key Players Sales Analysis (2012 - 2025)
11) Global Ophthalmic Devices Market - Growth Drivers & Challenges
By Application Segments
1. Diagnostics & Monitoring Devices
- Fundus Camera
- Optical Coherence Tomography Scanner
- Tonometer
- Others
2. Surgical Instruments Devices
- Refractive Error Surgery Devices
- Glaucoma Surgery Devices
- Cataract Surgery Devices
- Retinal Surgery Devices
3. Vision Care
- Contact Lens
- Others
Global Ophthalmic Devices Market - By End Users
1. Hospitals
2. Ophthalmic Clinics and Centers
3. Ambulatory Surgical Centers
4. Consumers
5. Others
Regional Analysis
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Company Analysis
1. Alcon Inc.
2. Carl Zeiss Meditec AG
3. Topcon Corporation
4. Bausch Health Companies Inc. (Formerly Valeant Pharmaceuticals International, Inc.)
5. Iridex Corporation
6. Ellex Medical Lasers
7. Escalon Medical
8. Second Sight Medical Products Inc.
9. Lumenis
10. Nidek Co. Ltd.
Key Topics Covered
1. Executive Summary
2. Global Ophthalmic Devices Market and Forecast (2012 - 2025)
3. Global Ophthalmic Devices Market Share and Forecast (2012 - 2025)
3.1 By Application Segment - Global Ophthalmic Devices Market Share and Forecast
3.2 By Products Segment - Global Ophthalmic Devices Market Share and Forecast
3.3 By End Users - Ophthalmic Devices Market Share and Forecast
3.4 By Region - Ophthalmic Devices Market Share and Forecast
3.5 By Country - Ophthalmic Devices Market Share and Forecast
4. By Application Segment - Global Ophthalmic Devices Market and Forecast (2012 - 2025)
4.1 Global Ophthalmic Diagnostics & Monitoring Devices Market and Forecast
4.2 Global Ophthalmic Surgical Instruments Devices Market and Forecast
4.3 Global Ophthalmic Vision Care Products Market and Forecast
5. Global Ophthalmic Diagnostics & Monitoring Devices Market and Forecast (2012 - 2025)
5.1 Global Fundus Camera Market and Forecast
5.2 Global Optical Coherence Tomography Scanner Market and Forecast
5.3 Global Tonometer Market and Forecast
5.4 Global Others Market and Forecast
6. Global Ophthalmic Surgical Instruments Devices Market and Forecast (2012 - 2025)
6.1 Global Refractive Error Surgery Devices Market and Forecast
6.2 Global Glaucoma Surgery Devices Market and Forecast
6.3 Global Cataract Surgery Devices Market and Forecast
6.4 Global Retinal Surgery Devices Market and Forecast
7. Global Ophthalmic Vision Care Products Market and Forecast (2012 - 2025)
7.1 Global Contact Lenses Market and Forecast
7.2 Global Other Vision Care Products Market and Forecast
8. By End Users - Global Ophthalmic Devices Market and Forecast (2012 - 2025)
8.1 Hospitals - Ophthalmic Devices Market and Forecast
8.2 Ophthalmic Clinics and Centers - Ophthalmic Devices Market and Forecast
8.3 Ambulatory Surgical Centers - Ophthalmic Devices Market and Forecast
8.4 Consumers - Ophthalmic Devices Market and Forecast
8.5 Others - Ophthalmic Devices Market and Forecast
9. By Region - Ophthalmic Devices Market and Forecast (2012 - 2025)
9.1 North America - Ophthalmic Devices Market and Forecast
9.2 Europe - Ophthalmic Devices Market and Forecast
9.3 Asia Pacific - Ophthalmic Devices Market and Forecast
9.4 Latin America - Ophthalmic Devices Market and Forecast
9.5 Middle East and Africa - Ophthalmic Devices Market and Forecast
10. Country Analysis - Ophthalmic Devices Market and Forecast (2012 - 2025)
10.1 United States - Ophthalmic Devices Market and Forecast
10.2 Canada - Ophthalmic Devices Market and Forecast
10.3 United Kingdom - Ophthalmic Devices Market and Forecast
10.4 Germany - Ophthalmic Devices Market and Forecast
10.5 France - Ophthalmic Devices Market and Forecast
10.6 Italy - Ophthalmic Devices Market and Forecast
10.7 Spain - Ophthalmic Devices Market and Forecast
10.8 Rest of Europe - Ophthalmic Devices Market and Forecast
10.9 Japan - Ophthalmic Devices Market and Forecast
10.10 China - Ophthalmic Devices Market and Forecast
10.11 India - Ophthalmic Devices Market and Forecast
10.12 South Korea - Ophthalmic Devices Market and Forecast
10.13 Australia - Ophthalmic Devices Market and Forecast
10.14 Rest of Asia Pacific - Ophthalmic Devices Market and Forecast
10.15 Brazil - Ophthalmic Devices Market and Forecast
10.16 Mexico - Ophthalmic Devices Market and Forecast
10.17 Argentina - Ophthalmic Devices Market and Forecast
10.18 Rest of Latin America - Ophthalmic Devices Market and Forecast
10.19 Saudi Arabia - Ophthalmic Devices Market and Forecast
10.20 United Arab Emirates (UAE) - Ophthalmic Devices Market and Forecast
10.21 Rest of Middle East & Africa - Ophthalmic Devices Market and Forecast
11. Global Ophthalmic Devices Market - Company Profiles
11.1 Alcon, Inc.
11.2 Carl Zeiss Meditec AG
11.3 Topcon Corporation
11.4 Bausch Health Companies Inc. (Formerly Valeant Pharmaceuticals International, Inc.)
11.5 Iridex Corporation
11.6 Ellex Medical Lasers
11.7 Escalon Medical
11.8 Second Sight Medical Products Inc.
11.9 Lumenis
11.10 Nidek Co. Ltd.
12. Global Ophthalmic Devices Market - Growth Drivers
12.1 Technical Advances in Eye Surgeries to Boost Growth
12.2 Consistent Efforts by Healthcare Organizations to Fuel Ophthalmic Devices Market
12.3 Increasing Incidence of Diabetes Globally Drives Demand for Ophthalmic Devices
12.4 Upsurge in The Geriatric Population Base Favors Market Growth
12.5 Increasing Incidence of Eye Diseases Across the Globe Fuels Market Growth
13. Global Ophthalmic Devices Market - Challenges
13.1 High Price Factor of Ophthalmic Devices
13.2 Dearth of Skilled Professionals with Expertise in Ophthalmic Surgery
For more information about this report visit https://www.researchandmarkets.com/r/icc9gy
