“The Ophthalmic Devices Market Report 2023-2033”: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Ageing Population and Technological Advances Boosting Volume of Cataract Surgeries Globally
There has been a significant rise in the cataract surgeries in the past decade globally. Growing awareness and insurance coverage have been the primary factors boosting the cataract surgery volumes. Additionally, rise in ageing population and increased life expectancy are further anticipated to trigger the demand for cataract surgeries in developed as well as emerging countries. According to CDC in 2022, approximately 17.2 percent of the U.S. citizens above 40 years of age reported to have been detected of cataract at least in one eye which is approximately 20.5 million people of which only 6.1 million Americans had performed cataract surgery and replaced with new lenses, thus depicting huge market potential for cataract surgeries.
Moreover, CDC predicts that approximately 30 million people will be diagnosed with cataract by 2028. As per WHO (World Health Organization) 2022 report, presently 94 million people above 50 years of age have vision impairment which can be corrected through cataract surgery. Our study also shows a growing trend in demand for technologically advanced methods of conducting the cataract surgeries especially in developed countries. There has been growing preferences for office-based cataract suite coupled with adoption of softer techniques of cataract removal such as FLACS (Femtosecond Laser Assisted Cataract Surgery) and Phaco-aspiration which would replace Phaco-emulsification procedures for safer and faster outcomes. With growing affluent ageing population in countries such as Japan, China, U.S. and Korea, there has been complimentary growth in demand for premium IOLs.
Growing public awareness of premium cataract surgeries, rise in surgery centres conducting premium cataract surgeries, supportive reimbursement policies along with presence of OEMs in the country helps U.S., to continue its domination in premium cataract surgery market. However, there will be growing penetration of these premium procedures witnessed in countries such as Germany, France, Italy, U.K., India, Canada, China and Brazil during the forecast period.
What Questions Should You Ask before Buying a Market Research Report?
How is the ophthalmic devices market evolving?
What is driving and restraining the ophthalmic devices market?
How will each ophthalmic devices submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
How will the market shares for each ophthalmic devices submarket develop from 2023 to 2033?
What will be the main driver for the overall market from 2023 to 2033?
Will leading ophthalmic devices markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
Who are the leading players and what are their prospects over the forecast period?
What are the ophthalmic devices projects for these leading companies?
How will the industry evolve during the period between 2023 and 2033? What are the implications of ophthalmic devices projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the ophthalmic devices market?
Where is the ophthalmic devices market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the ophthalmic devices market today, and over the next 10 years:
Our 519-page report provides 166 tables and 243 charts/graphs exclusively to you
The report highlights key lucrative areas in the industry so you can target them - NOW
It contains in-depth analysis of global, regional and national sales and growth
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the ophthalmic devices market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2033 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares
You will find original analyses, with business outlooks and developments
Discover qualitative analyses (including market dynamics, drivers, opportunities, and restraints), Porter's Five Forces Analysis, PEST Analysis and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, ""V" ", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report:
Vision Care Devices
Spectacle Lenses
Contact Lenses
Diagnostics Care & Monitoring Devices
Specular Microscope
Fundus Cameras
Optical Coherence Tomography Scanner
Perimeter
Optical Biometer
Slit Lamps
Auto-Refractor
Tonometer
Ophthalmic Ultrasound Imaging Systems
Ophthalmoscope
Chart Projectors
Corneal Topography Systems
Lensometers
Wave Front Aberrometers
Others
Surgical Devices
Cataract Surgery Devices
Intraocular Lenses
IOL Injectors
Ophthalmic Viscoelastic Devices
Femto-second Laser Cataract Systems
Nd: Yag Lasers
Phaco-emulsification Devices
Refractive Surgery Devices
Femto-second Laser
Excimer Laser
Phakic IOL
Refractive Lens Exchange Mechanical Keratome
Others
Vitreoretinal Surgery Devices
Vitrectomy Probes
Retinal Implants
Vitrectomy Machines
Vitrectomy Packs
Photo-coagulation Lasers
Illumination Devices
Glaucoma Surgery Devices
Lasers
Trab Adjunctive Devices
Canal Surgery Devices
Microstents
Tube Shunts
Sub-conjunctival Stents
Ophthalmic OR Microscope
Others
End-users
Hospitals
Diagnosis Clinics
Franchise Optical Stores
Eye Research Institutes
Government Agencies
Academics
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
MEA
GCC
South Africa
Rest of MEA
The report also includes profiles and for some of the leading companies in the Ophthalmic Devices Market, 2023 to 2033, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth:
Alcon
CooperVision
Carl Zeiss Meditec
EssilorLuxottica
Glaukos Corporation
HAAG-STREIT GROUP
HEINE Optotechnik GmbH & Co. KG
Johnson & Johnson Vision
LENSAR, Inc.
Lumenis Be Ltd.
NIDEK CO., LTD
Ophtec BV
Sight Sciences
Sonomed Escalon
STAAR SURGICAL
Visionix
Ziemer Ophthalmic Systems AG
Overall world revenue for Ophthalmic Devices Market, 2023 to 2033 in terms of value the market will surpass US$64,442 million in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Ophthalmic Devices Market, 2023 to 2033 report help you?
In summary, our 510+ page report provides you with the following knowledge:
Revenue forecasts to 2033 for Ophthalmic Devices Market, 2023 to 2033 Market, with forecasts for vision care devices, diagnostics care & monitoring devices, surgical devices, end-users, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2033 for five regional and 20 key national markets - See forecasts for the Ophthalmic Devices Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market - including company profiles for 17 of the major companies involved in the Ophthalmic Devices Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Ophthalmic Devices Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Ophthalmic Devices Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Visiongain Reports
1.10 About Visiongain
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Rise in ageing population and technological advances boosting volume of cataract surgeries globally
3.2.1.2 Accelerating myopia in children and high myopia prevalence
3.2.1.3 Technological innovations are boosting the market growth
3.2.1.4 Private Equity model to consolidate the Eye Care Services
3.2.1.5 Telemedicine and Artificial Intelligence Revolutionizing Ophthalmic Diagnostics
3.2.1 Market Restraining Factors
3.2.1.1 High Costs of Ophthalmic Devices restrains the market growth
3.2.1.2 The recent change in Medicare surgery reimbursement may not be sufficient for some patients
3.2.1.3 The great resignation wave and perpetual shortage of skilled labour
3.2.2 Market Opportunities
3.2.2.1 Large and Mid-size ophthalmic medical device manufacturers seizing the market opportunity for dry eye disease treatment
3.2.2.2 Untapped Potential of Emerging Markets
3.2.2.3 Contact Lens based sensors for disease diagnosis and treatment presents an immense opportunity
3.3 COVID-19 Impact Analysis
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Competitive Rivalry
3.4.4 Threat from Substitutes
3.4.5 Threat of New Entrants
3.5 PEST Analysis
4 Ophthalmic Vision Care Devices Market Analysis
4.1 Key Findings
4.2 Ophthalmic Vision Care Segment: Market Attractiveness Index
4.3 Ophthalmic Vision Care Devices by Market Share Analysis
4.4 Ophthalmic Vision Care Devices by Type
4.4.1 Spectacle Lenses
4.4.1.1 Market Size by Region, 2023-2033 (US$ Million)
4.4.1.2 Market Share by Region, 2023 & 2033 (%)
4.4.2 Contact Lenses
4.4.2.1 Market Size by Region, 2023-2033 (US$ Million)
4.4.2.2 Market Share by Region, 2023 & 2033 (%)
4.4.2.3 Market Size by Types, 2023-2033 (US$ Million)
4.4.2.3.1 Spherical Contact Lenses
4.4.2.3.2 Toric Contact Lenses
4.4.2.3.3 Multifocal Contact Lenses
5 Ophthalmic Diagnostics Care & Monitoring Devices Market Analysis
5.1 Key Findings
5.2 Ophthalmic Diagnostics Care & Monitoring Devices Segment: Market Attractiveness Index
5.3 Ophthalmic Diagnostic Care & Monitoring Market by Market Share Analysis
5.4 Regional Market Size Estimation and Forecast
5.5 Ophthalmic Diagnostics Care & Monitoring Devices Segment by Type
5.5.1 Specular Microscope
5.5.1.1 Market Size by Region, 2023-2033 (US$ Million)
5.5.1.2 Market Share by Region, 2023 & 2033 (%)
5.5.2 Fundus Cameras
5.5.2.1 Market Size by Region, 2023-2033 (US$ Million)