Ophthalmic Diagnostic Equipment Market Trends and Growth Forecast by 2032
The global Ophthalmic Diagnostic Equipment Market is anticipated to showcase an opulent growth opportunity, expanding at a CAGR of 6.7% with a valuation of US$ 3.0 Bn in 2022 to US$ 5.1 Bn by 2030.
The global ophthalmic diagnostic equipment market
contributed more than 5.5% of the ophthalmic devices market, which is expected
to be worth approximately USD 55.0 billion in 2021.
According to FMI, the market for ophthalmic diagnostic
equipment is expected to grow by 44 basis point share (BPS) from H1-2021 to
H1-2022(O). However, a comparison of the projected and outlook growth rates for
H1-2022 revealed a 10 BPS decrease in growth rate.
Key Takeaways
- Globally,
the number of people suffering from serious eye diseases is increasing,
making vision loss a major public health issue. As the population has
grown, so has the prevalence of eye diseases, as chronic diseases such as
diabetes and hypertension have become more common, leading to issues such
as glaucoma or vision impairment.
- In
the coming years, the number of people who are blind or have impaired
vision will rise. With the increasing prevalence of eye disorders and the
resulting increase in disability-adjusted life years (DALYs), the demand
for precise disease treatment is expected to rise in the coming years.
- Increasing
technological advancements in analytical methods aid in improved
quantification and characterization by providing high-resolution
cross-sectional 3D images of the target tissue, which are difficult to
view with a conventional microscope. The ophthalmic diagnostic equipment
market is experiencing a surge as a result of such high-tech equipment.
- Technological
advancements have improved quantification, and intraoperative optical
coherence tomography (OCT) aids accurate decision-making during eye
surgery by providing real-time imaging with simultaneous feedback
features.
- The
increased demand for optical coherence topography devices has increased
competition among players. As a strategy to reach a larger audience,
various players/manufacturers have reduced the costs of their devices,
resulting in the adoption of these devices by doctors in both emerging and
developed economies. In the near future, this factor is expected to drive
demand for these devices in emerging economies.
Competitive Landscape
TOPCON CORPORATION, ZEISS International, Ellex, Quantel
Medical, NIDEK CO., LTD., HAAG-STREIT GROUP, Halma plc, Coburn Technologies
Inc., Kowa Company Ltd. are some of the key companies profiled in the full
version of the report.
Ophthalmic Diagnostic Equipment Market by
Category
By Product:
- Fundus
Cameras
- Retinal
Ultrasound Imaging Systems
- Refractors
- Slit
Lamps
- Perimeters
- Ophthalmoscopes
- Tonometer
- Optical
Coherence Tomography (OCT)
- Corneal
Topography Systems
By End user:
- Hospitals
- Clinics
- Ambulatory
Surgical Centers
Read
More@ https://www.futuremarketinsights.com/reports/ophthalmic-diagnostic-equipment-market
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