According to Goldstein Research, “Rising digitization is resulting in constant technological advancement in ophthalmology and optometry which plays an important role in the growth of ophthalmic diagnostic equipment market across the globe. However, lack of ophthalmologists and dearth of trained medical staffs for eye related disorders are obstructing the adoption of ophthalmic diagnostic equipments in hospitals and clinics.”
Global ophthalmic diagnostic equipment market is categorized on the basis of lenses and by diagnostic devices. Diagnostic devices are further segmented into fixation devices, auto refractometer, ultra-sound devices, ophthalmoscope, fundus camera, tonometer, optical coherence tomography and optical biometry devices. Optical Coherence Tomography (OCT) devices accounted for largest share of ophthalmic diagnostic equipment market owing to its cost-effectiveness and high accuracy.
Asia-Pacific is the fastest growing region for ophthalmic diagnostic equipment market, owing to high adoption of ophthalmic diagnostic devices in Japan and Singapore. Japan accounted for 10% revenue share of global ophthalmic diagnostic equipment market in 2015. Asia-Pacific (excluding Japan) ophthalmic diagnostic equipment market valued USD 0.66 billion in 2016 and is anticipated to register notable growth during the forecast period.
Optical coherence tomography is reducing the work pressure for eye care professionals
Adoption of advanced surgical techniques is making eye surgery quicker and less painful. Affordable and easy access for vision correction demand is raising the growth of ophthalmic diagnostic equipment market. Ophthalmic Electro-medical equipments including diagnostic and patient monitoring are gaining huge recognition across the globe. Preference of Optical Coherence Tomography (OCT) over fundus camera is projecting a healthy growth for ophthalmic equipment market in the near future. Industry players are also focusing in development of smart devices to increase health awareness and product value among consumer.
“Global Ophthalmic Diagnostic Equipment Market 2024” contains detailed overview of the global ophthalmic diagnostic equipment market in terms of market segmentation by lenses and by diagnostic devices.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global ophthalmic diagnostic equipment also provides competitive outlook of some of the major players of the global ophthalmic diagnostic equipment which includes profiling of companies such as Bausch & Lomb, Topcon, Carl Zeiss Meditec, Nidek Co. Ltd, Halma plc, Abbott Medical Optics, Inc., Alcon, Inc., Optos, Haag-Streit, Reichert and Optovue. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global ophthalmic diagnostic equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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