Ophthalmology Equipments Market Trends

  • Report ID: 79
  • Published Date: Sep 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

Base Year

2023

Forecast Year

2024-2036

CAGR

5.1%

Base Year Market Size (2023)

USD 65.93 billion

Forecast Year Market Size (2036)

USD 125.87 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, 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: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing prevalence of ophthalmic diseases globally is one of the major factors driving the market growth.

The market is anticipated to grow with a notable CAGR over the forecast period, i.e., 2021-2029.

The high cost of ophthalmology equipment and the lack of awareness for these equipment in several low-income nations is one of the major factors estimated to act as barriers to the growth of the market.

The major companies 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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