Ophthalmology Equipment Market size was valued at USD 69.29 billion in 2024 and is likely to cross USD 132.28 billion by 2037, registering more than 5.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ophthalmology equipment is assessed at USD 72.29 billion.
The growth of the market over the forecast period can be attributed primarily to the rising prevalence of eye diseases globally, such as ocular hypertension or glaucoma, diabetic retinopathy, age-related macular degeneration (AMD), cataract, and others. Additionally, the growing advancements in the development of ophthalmology medical equipment by the ophthalmic equipment companies, along with the rising awareness amongst individuals for the need to treat ophthalmic diseases, are some of the additional factors anticipated to drive the market growth.
Author Credits: Radhika Pawar
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