Ophthalmic Diagnostic Devices Market by Product Type (Optical Coherence Tomography, Aberrometer and Topography Systems, Fundus Camera, Ophthalmic Ultrasound, and Other Ophthalmic Devices), By End-user (Hospitals, Ophthalmic Clinics, Others), and Region with Global Industry Forecast to 2026. According to latest “Global Ophthalmic Diagnostic Devices Market 2020 Report” published by Fortune Business Insights, the Ophthalmic Diagnostic Devices Market Size expected to surge at 6.1% CAGR and reach USD 3.86 Billion in 2026.
Ophthalmic Diagnostic Devices Market 2020 Global Industry Research Report is depth analysis of Global Ophthalmic Diagnostic Devices Market Size with growth drivers, opportunities and restraints in the industry. Ophthalmic Diagnostic Devices Global Market Share by Key Players, Business Strategies, and revenue analysis also covered in this report. Upcoming Ophthalmic Diagnostic Devices Global Market Trends and the impact of new technologies on market also discussed.
The Global Ophthalmic Diagnostic Devices Key Players Analysed in Report:
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Global Ophthalmic Diagnostic Devices Market Highlights:
The ophthalmic ultrasound segment is set to grow by exhibiting the highest CAGR because of the adoption of to A-scan ocular ultrasound devices for the diagnosis of lens opacification, vitreous hemorrhage, and periorbital trauma. Lastly, the aberrometer and topography systems and the fundus camera segments would experience significant growth on account of the rising cases of ocular disorders and refractive errors.
Companies operating in the market are persistently striving to introduce unique products to aid people in diagnosing ocular diseases, namely, glaucoma, macular degeneration, cataracts, and refractive errors. Hence, they are engaging in extensive research and development activities. In addition to this, the demand for state-of-the-art ocular diagnostic technology is upsurging day by day on account of the increasing awareness regarding these disorders amongst the younger generation. At present, several pipeline products are at the stage of development. All these factors are likely to propel the ophthalmology diagnostic devices market growth in the coming years.
The global ophthalmic diagnostic devices market is set to gain traction from the ever-increasing awareness programs regarding various ocular disorders and diseases. It is mainly occurring because of the rising initiatives by the government and non-government organizations to educate the masses about ocular health. Besides, the populaces worldwide are utilizing the wide range of available online resources and tools to get to know more about such types of disorders and their diagnosis.
Ophthalmic Diagnostic Devices Market Segments Analysis:
Ophthalmic Diagnostic Devices Market segmentation:
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Regional Ophthalmic Diagnostic Devices Market Insights:
Geographically, the market is grouped into Latin America, Europe, the Middle East and Africa, Asia Pacific, and North America. Amongst these, North America generated USD 907.2 million in 2018 in terms of ophthalmic diagnostic devices market revenue. This growth is attributable to the rising incidence of refractive error disorders, an increasing number of awareness campaigns about ocular disorders, and surging adoption of advanced diagnostic equipment.
Asia Pacific, on the other hand, is expected to grow at the fastest rate in terms of revenue generation. It would occur because of the increasing prevalence of cataract surgeries and the rising geriatric population in countries such as India, China, and Japan. In Europe, countries, namely, Germany, France, and the U.K., would contribute majorly to the growth of the market. It is likely to occur because of the increasing usage of superior ophthalmology diagnostic instruments.
In terms of type, the market is fragmented into ophthalmic ultrasound, optical coherence tomography, fundus camera, aberrometer and topography systems, and other ophthalmic devices. Out of these, the optical coherence tomography segment held 29.1% ophthalmology diagnostic equipment market share in 2018 and is expected to showcase a high CAGR throughout the forecast period. This growth is attributable to the rising precision and efficiency in the diagnosis of ocular disorders. It can be coupled with ongoing technological developments.
The market consists of numerous enterprises that are persistently adopting the strategy of collaboration and new product launches to widen their geographic presence and boost sales. Below are a couple of the latest key industry developments:
February 2020: Verily Life Sciences, a research organization, headquartered in South San Francisco, partnered up with Santen Pharmaceutical, a Japanese pharmaceutical company, to apply scalable digital technologies and microelectronics to ophthalmology. Their main aim is to enhance eye health across the world.
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Major Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4.1. Pipeline Analysis
4.2. Introduction of New Products / Approvals (by Major Players)
4.3. Key Industry Developments – Mergers, Acquisitions, and Partnerships, 2018
4.4. Technological Advancements in Ophthalmic Diagnostic Devices Market
4.5. Overview of Regulatory Scenario – Key Countries
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast By Product Type
5.2.1. Optical Coherence Tomography
5.2.2. Aberrometer and Topography Systems
5.2.3. Fundus Camera
5.2.4. Ophthalmic Ultrasound
5.2.5. Other Ophthalmic Devices
5.3. Market Analysis, Insights and Forecast By End-user
5.3.1. Hospitals
5.3.2. Ophthalmic Clinics
5.3.3. Others
5.4. Market Analysis, Insights and Forecast By Country
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East and Africa
6.1. Key Findings / Summary
6.2. Market Analysis By Product Type
6.2.1. Optical Coherence Tomography
6.2.2. Aberrometer and Topography Systems
6.2.3. Fundus Camera
6.2.4. Ophthalmic Ultrasound
6.2.5. Other Ophthalmic Devices
6.3. Market Analysis By End-user
6.3.1. Hospitals
6.3.2. Ophthalmic Clinics
6.3.3. Others
6.4. Market Analysis By Country
6.4.1. U.S.
6.4.2. Canada
7.1. Key Findings / Summary
7.2. Market Analysis By Product Type
7.2.1. Optical Coherence Tomography
7.2.2. Aberrometer and Topography Systems
7.2.3. Fundus Camera
7.2.4. Ophthalmic Ultrasound
7.2.5. Other Ophthalmic Devices
7.3. Market Analysis By End-user
7.3.1. Hospitals
7.3.2. Ophthalmic Clinics
7.3.3. Others
7.4. Market Analysis By Country
7.4.1. U.K.
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Scandinavia
7.4.7. Rest of Europe
8.1. Key Findings / Summary
8.2. Market Analysis By Product Type
8.2.1. Optical Coherence Tomography
8.2.2. Aberrometer and Topography Systems
8.2.3. Fundus Camera
8.2.4. Ophthalmic Ultrasound
8.2.5. Other Ophthalmic Devices
8.3. Market Analysis By End-user
8.3.1. Hospitals
8.3.2. Ophthalmic Clinics
8.3.3. Others
8.4. Market Analysis By Country
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. Australia
8.4.5. Southeast Asia
8.4.6. Rest of Asia Pacific
9.1. Key Findings / Summary
9.2. Market Analysis By Product Type
9.2.1. Optical Coherence Tomography
9.2.2. Aberrometer and Topography Systems
9.2.3. Fundus Camera
9.2.4. Ophthalmic Ultrasound
9.2.5. Other Ophthalmic Devices
9.3. Market Analysis By End-user
9.3.1. Hospitals
9.3.2. Ophthalmic Clinics
9.3.3. Others
9.4. Market Analysis By Country
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Rest of Latin America
10.1. Key Findings / Summary
10.2. Market Analysis By Product Type
10.2.1. Optical Coherence Tomography
10.2.2. Aberrometer and Topography Systems
10.2.3. Fundus Camera
10.2.4. Ophthalmic Ultrasound
10.2.5. Other Ophthalmic Devices
10.3. Market Analysis By End-user
10.3.1. Hospitals
10.3.2. Ophthalmic Clinics
10.3.3. Others
10.4. Market Analysis By Country
10.4.1. GCC Countries
10.4.2. South Africa
10.4.3. Rest of Middle East and Africa
11.1. Key Industry Developments
11.2. Global Market Share Analysis (2018)
11.3. Competition Dashboard
11.4. Comparative Analysis Major Players
11.5. Company Profiles (Overview, Products and services, SWOT analysis, Recent developments, strategies, financials (based on availability))
11.5.1. AMETEK.Inc
11.5.2. ZEISS International
11.5.3. HAAG-STREIT GROUP
11.5.4. NIDEK CO., LTD.
11.5.5. Optovue, Incorporated
11.5.6. Topcon Medical Systems, Inc.
11.5.7. Essilor International
11.5.8. Alcon
11.5.9. Other Prominent Players
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