Ophthalmology Equipments Market Trends

  • Report ID: 79
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Ophthalmology Equipments Market Trends

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

Regionally, the global ophthalmology equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Among these regions, the market in the Asia Pacific is projected to hold the largest market share by the end of 2029. The growth of the market in the region can be attributed to the growing geriatric population in the region and the need amongst individuals for affordable eye care. Moreover, growing population in the region, along with the improving healthcare infrastructure across several nations in the region are some of the additional factors anticipated to drive the growth of the market in APAC. 

The global ophthalmology equipment market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 79
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

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.
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