Astute Analytica released a new market report on the Global Ophthalmic Devices Market. This in-depth study of the Ophthalmic Devices Market includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market’s growth characteristics.

The Global Ophthalmic Devices Market size will grow from US$ 38,120.4 Million in 2021 to US$ 57,571.4 Million by 2027, registering a tremendous compound annual growth rate (CAGR) of 6.5% during the forecast period 2022 to 2027.

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Regional Analysis:

According to the United States, Bureau of Labor Statistics, healthcare employment is likely to grow 16% from 2020 to 2030, much faster than the average for all occupations, with about 2.6 million new jobs. This projected increase is primarily due to an aging population, which indicates a higher demand for healthcare services. In May 2021, the median annual wage for healthcare practitioners and technical sectors (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040, which was higher than the economy’s median annual wage of US$ 45,760.

COVID-19 Impact:

Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.

As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.’

Major Key Players in Global Ophthalmic Devices Market are:

  • Alcon
  • Bausch + Lomb
  • Canon Inc.
  • Carl Zeiss Meditec AG
  • Clearlab SG PTE Ltd.
  • EssilorLuxottica SA
  • Glaukos Corporation
  • Haag-Streit Holding
  • HEINE Optotechnik
  • Hoya Corporation
  • Johnson & Johnson Vision
  • Lumenis
  • Luneau Technology Group
  • Neo Vision
  • Nidek Co. Ltd. OcuLentis
  • STAAR Surgical Company
  • Topcon Corporation
  • Ziemer Ophthalmic Systems AG
  • Marco
  • Kowa Optimed. Inc.
  • Oculus Inc.
  • Reichert
  • Inc Beye
  • LLC(Keeler)
  • CSO SRL
  • Takagi
  • Rexxam
  • Inami
  • Welch Allyn
  • Huvitz
  • Plusoptix
  • Tomey
  • Volk
  • Ellex Medical Laser Limited
  • Iridex Corp.

Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Ophthalmic Devices Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market’s overall size.

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Segmentation Overview

By Product

  • Vision Care Products
  • Surgical Devices
  • Diagnostic & Monitoring Devices

By Vision Care

  • Spectacles
  • Contact Lenses

By Surgical Devices

  • Cataract Surgical Devices
  • Ophthalmic Viscoelastic Devices
  • Vitreoretinal Surgical Devices
  • Refractive Surgical Devices
  • Glaucoma Surgical Devices
  • Ophthalmic Microscopes
  • Ophthalmic Surgical Accessories

By Diagnostic & Monitoring Devices

  • Ophthalmoscopes
  • Chart Projectors
  • Corneal Topography Systems
  • Fundus Cameras
  • Lensometers
  • Ophthalmic Ultrasound Imaging Systems
  • Autorefractors & Keratometers
  • Optical Biometry Systems
  • Optical Coherence Tomography Scanners
  • Perimeters/Visual Field Analyzers
  • Phoropters
  • Retinoscopes
  • Slit Lamps
  • Specular Microscopes
  • Tonometers
  • Wavefront aberrometers
  • Indirect Ophthalmic Lens

By End Users

  • Consumers
  • Hospitals
  • Specialty Clinics & Ambulatory Surgery Centers
  • Other End Users

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