Ophthalmology Devices Market Top Players Positioning, Product Portfolio, PESTLE Analysis, Segmentation And Forecast To 2029
The market for ophthalmology devices was estimated to be worth USD 50.84 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.64% to reach USD 69.85 billion by 2029 (2023-2029).
Ophthalmology Devices Market Overview:
This study aims to give a comprehensive analysis of the Ophthalmology Devices market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Ophthalmology Devices sector. The value chain of the market is also thoroughly examined in this report.
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Market Scope:
The first step in the research process used to evaluate and forecast the Ophthalmology Devices market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Ophthalmology Devices market using the bottom-up methodology.
Dynamics:
The main driver of this market's growth over the next seven years would be the rising prevalence of various conditions including ocular illnesses, which include glaucoma and cataracts. The aging population base, which is more prone to eye conditions, is also anticipated to propel the market's expansion on the whole. Similarly, it is anticipated that the industry would develop as more people use digital devices including e-readers, laptops, cellphones, and desktops.
Furthermore, a number of government groups are striving to raise public awareness of ocular illnesses, which would further moderate the market's expansion throughout the study period. Increasing the emphasis on client education and training for eye care providers on eye disorders and related issues would help fuel market expansion.
Segmentation:
By Product, the cataract category led the ophthalmic device market in 2022, accounting for the highest profit share of 41.6%. Over the next several years, there is anticipated to be substantial increase in this segment. This is explained by the widespread use of ophthalmic gadgets in cataract surgery. The World Health Organization (WHO) claims that. Cataracts cause about 51 percent of all cases of blindness worldwide.
Over the course of the casting period, the refractor disorders category is expected to increase at the fastest rate. Near- or far-distance visual impairment affects over 2.2 billion individuals worldwide, according to the World Health Organization (WHO).
By Product
Vision Care Devices
Surgery Devices
Diagnostic Devices
Monitoring Devices
by Application
Vision Care
Ophthalmic Wound care
Cataract Devices
Oculoplastic
Others
by End User
Hospitals
Diagnosis Clinics
Franchise Optical Stores
Eye Research Institutes
Government Agencies and Academics
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Key Players: the key players are:
1. Abbott Medical Optics, Inc.
2. Alcon Inc.
3. Appasamy Associates
4. Aurolab
5. Bausch & Lomb Inc.
6. Carl-Zeiss AG
7. CIBA Vision Corp.
8. Ellex Medical Lasers Ltd
9. Essilor International S.A.
10. Haag-Streit AG
11. Hoya Corp.
12. Johnson & Johnson Vision Care, Inc.
13. Menicon Co., Ltd.
14. NIDEK CO., LTD.
15. Oertli Instrument AG
16. Rayner Intraocular Lenses Ltd
17. Santen Pharmaceutical Co., Ltd
18. STAAR Surgical Company
19. Technolas Perfect Vision GmbH
20. Ziemer Ophthalmic Systems AG
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research
Key Questions Answered in the Ophthalmology Devices Market Report are:
Which market segment held the biggest share in Ophthalmology Devices?
How is the Ophthalmology Devices market's competitive environment?
Which are the main elements influencing the growth of the Ophthalmology Devices market?
Which area of the Ophthalmology Devices market has the most share?
What will the Ophthalmology Devices market's compound annual growth rate be between 2023 and 2029?
Key Offerings:
Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029
Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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