Pulished Date June, 2019
ID: 8464
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Ophthalmic Equipment Market by Product (Optical Coherence Tomography (OCT), Fundus Camera, Ultrasound, Ophthalmoscope, Phoropter, Slit Lamp, Perimeter, Keratometer, Tonometer, IOL, Femtosecond Laser, Surgical Microscope, Contact Lenses) - Global Forecasts to 2023

Pulished: June, 2019
ID: 8464
Pages: 170

Tags: Tag2, Tag_3

Ophthalmic Equipment Market Report Description:

The Ophthalmic Equipment Market size is expected to grow by USD 49.40 Billion in 2018 and is expected to grow by USD 60.72 Billion by 2023 at the CAGR of about 3.5%. Technological advancements have affected the market, which makes it prominent for growth. Increased healthcare expenditure for treatment of sight loss, blindness in the expected time.

Ophthalmic Equipment Market Driver and Restraints:

The growing demand of geriatric population and increasing eye diseases, technological advancements in ophthalmic devices and rising government initiatives to control visual impairment and increasing adoption of contact lenses have been acting as the driver for the market of ophthalmic equipment. Advancements in the field of medical technology to develop novel growth help boost the market and advanced surgical procedures as multi-wavelength diabetic retinopathy treatment, ultrasound phacoemulsification, and femtosecond laser surgery increases the usage rate of this equipment. The diagnosis considered the necessary process in the treatment of eye disorders is responsible for contributing to the diagnostics & monitoring segment growth. The increasing awareness concerning the advanced corrective vision treatment act as significant growth for ophthalmic equipment market. The rising number of preventive measures for vision as a consequence of the increasing prevalence of stress-induced eye disorders does promote the use of anti-glare spectacle lenses and contributes towards the growth of the ophthalmic devices.The high cost of ophthalmic devices and lack of sufficient healthcare insurance have been acting as the constraint for the market.

Ophthalmic Equipment Market Segmentation:

The market for ophthalmic equipment market can be segmented into various categories as product, end-user, and region. Based on product, the segmentation can be done as diagnostic monitoring devices, cataract surgical devices, glaucoma surgical devices, refractive surgical devices, vitreoretinal surgical devices, ophthalmic microscopes, ophthalmic accessories, and vision care products. The sub-segmentation of diagnostic and monitoring devices lie as optical coherence tomography, ophthalmic ultrasound imaging systems, fundus cameras, and many. Cataract surgical devices include sub-segments as intraocular lenses, ophthalmic viscoelastic accessories, phacoemulsification devices, cataract surgery lasers, and IOL injectors. The IOLs segment holds the largest share. The large share of this segment can primarily be attributed to the rising prevalence of cataracts, high adoption of premium IOLs, and availability of advanced technologies like micro-incision cataract surgeries.Refractive surgical devices contain the sub-segments as femtosecond lasers, excimer laser, and others. In product type, the cataract surgical devices are mostly preferred as compared to other types used. Based on region, the market can be segmented as North America, Europe, APAC, Latin America and the Middle East and Africa. Asia-Pacific region leads the market with the growth in demand in India and China for quality and technologically advanced devices from large patient populations.

Ophthalmic Equipment Market Recent Development:

MacuLogix, Inc. (US), a leading global company involved in the development of tools for early diagnose, monitor, and treatment of age-related macular degeneration (AMD) patients also announced signing an international distribution agreement with Clarion Medical Technologies leading provider of medical and aesthetic equipment and consumables.There have been many mergers where many companies participated in the betterment of the product.

Ophthalmic Equipment Market Key Market Players:

 Essilor, Alcon, Johnson & Johnson Vision Care, Bausch - Lomb, Haag-Streit, TOPCON, Carl Zeiss Meditec, NIDEK, STAAR Surgical, HOYA, Armstrong Optical Services Co. and Ziemer Ophthalmic Systems are the major companies participating in the competition.Armstrong Optical Services Co. is the leading source of ophthalmic equipment and supply, as well as optometric equipment and products. This optical provides the highest quality of technical service in the ophthalmic field, and stand behind all of our ophthalmology and optical products and services.

Ophthalmic Equipment Market Research Key Highlights:

  1. This report provides detailed information about the market in the upcoming forecast period 2018-2023, how major key market players are facing different challenges, and keeping up their pace in pulling up the market sector.
  2. The report can be changed according to the need of the client’s specification and requirements.
  3. The report is of potential use for ophthalmology device manufacturers, suppliers and distributors of ophthalmology devices, original equipment manufacturers (OEMs), ophthalmologists, healthcare service providers, medical institutes, health insurance players, research and consulting firms.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Optical Coherence Tomography (OCT)        

                                5.1.3 Fundus Camera     

                                5.1.4 Ultrasound              

                                5.1.5 Ophthalmoscope 

                                5.1.6 Phoropter               

                                5.1.7 Slit Lamp  

                                5.1.8 Perimeter

                                5.1.9 Keratometer          

                                5.1.10 Tonometer           

                                5.1.11 IOL           

                                5.1.12 Femtosecond Laser          

                                5.1.13 Surgical Microscope          

                                5.1.14 , Contact Lenses 

                                5.1.5  Y-o-Y Growth Analysis, By Product              

                                5.1.6  Market Attractiveness Analysis, By Product            

                                5.1.7  Market Share Analysis, By Product              

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Product

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Product

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Product

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Athersys                      

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2  Essilor                          

                8.3 Alcon                             

                8.4 Johnson & Johnson Vision Care                         

                8.5 Bausch - Lomb                           

                8.6 Haag-Streit                 

                8.7 TOPCON                      

                8.8 Carl Zeiss Meditec                   

                8.9 NIDEK                           

                8.10 STAAR Surgical                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         


                a) List of Tables                

                b) List of Figures                              

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by product, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Ophthalmic Equipment  Market By Region, From 2018-2023 ( USD Billion )
  2. Global Ophthalmic Equipment  Market By Product, From 2018-2023 ( USD Billion )
  3. Global Optical Coherence Tomography Market By Region, From 2018-2023 ( USD Billion )
  4. Global Fundus Camera Market By Region, From 2018-2023 ( USD Billion )
  5. Global Ultrasound Market By Region, From 2018-2023 ( USD Billion )
  6. Global Ophthalmoscope Market By Region, From 2018-2023 ( USD Billion )
  7. Global Phoropter Market By Region, From 2018-2023 ( USD Billion )
  8. Global Slit Lamp Market By Region, From 2018-2023 ( USD Billion )
  9. Global Perimeter Market By Region, From 2018-2023 ( USD Billion )
  10. Global Keratometer Market By Region, From 2018-2023 ( USD Billion )
  11. Global Ophthalmic Equipment  Market By Region, From 2018-2023 ( USD Billion )


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