Ophthalmology Equipment Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Prevalence of Ophthalmic Diseases
- Growing Advancements in Ophthalmology Equipment
Challenges
- Lack of Awareness for Ophthalmic Diseases in Low-Income Nations
- High Cost of Ophthalmology Equipment
Ophthalmology Equipment Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.1% |
|
Base Year Market Size (2024) |
USD 69.29 billion |
|
Forecast Year Market Size (2037) |
USD 132.28 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ophthalmology equipment is assessed at USD 72.29 billion.
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.
Asia Pacific industry is set to hold largest revenue share by 2037, attributed to growing geriatric population in the region and need amongst individuals for affordable eye care.
The major players in the market are Novartis AG, Bausch & Lomb, NIDEK CO. LTD., ZEISS International, HOYA Corporation, Pfizer Inc., AbbVie Inc. (Allergan), Santen Pharmaceutical Co., Ltd., and others.
