Ophthalmic Devices Market, By Product (Diagnostic Devices, Surgical Equipment, and Vision Care Devices) and Geography (North America, Europe, Asia Pacific, And Rest Of The World) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The Ophthalmic devices market is estimated to represent a global market of USD 30.69 billion by 2016 with growth rate of 5.8%.
Market Dynamics
Ophthalmic devices market is experiencing ever green demand for these devices among the end users owing to the rise in ophthalmic related disorders. Due to this fact, the market revenue for ophthalmic devices is increasing at constant rate over the past few years. We estimated that of the global medical devices market, ophthalmic devices market contributed around 12-13% share of the total revenue. These devices comprise of large range of medical devices like contact lenses, glasses, implants,intraocular lenses, lasers, diagnostics, ophthalmic solutions, surgical instruments and others.
The regulatory authorities have categorized the ophthalmic devices into three different classes such as:
- Class I: This includes low risk devices such as eye occasion plasters, corrective glasses and frames, and others
- Class IIa and IIb: This covers ophthalmic devices of medium risk. It includes contact lenses, contact lens and care solutions, surgical lasers, , intraocular lenses, and Scleral and corneal implants.
- Class III:It covers high risk devices. For example: medicinal substances that utilize tissues or abstract of animal origin
Product Takeaway
Product segment categorized in terms of Diagnostic Devices, Surgical Equipment, and Vision Care Devices. Vision care devices, compared to other segments, captured lion share of the global ophthalmic devices market. This segment recorded USD 25.12 billion (more than 75% share) of the global market during the year 2016. Rising demand for vision care devices in developing as well developed regions coupled with technological advancements supported the market growth to great extent. Diagnostic devices are further categorized into Fundus Camera, Optical Coherence Tomography Scanner, Retinoscope, Pachymeter Ophthalmoscope, Biometer and others. Surgical equipment segment is divided into Refractive Error Surgery Equipment, Glaucoma Surgery Equipment and Cataract & Vitreoretinal Surgery Equipment.Contact Lenses and Spectacle Lenses are the primary sub-segments of vision care devices market.
Key Vendor Takeaway
Companies such as Ziemer Ophthalmic, Nidek, Johnson & Johnson, Bausch & Lomb, Inc., Alcon, Inc., and Abbott Laboratories are the key players of this market. These companies are presenting extensive product line in this market segment. Additionally, key companies are rigorously involved in strategic mergers and acquisitions to expand their market share and customer base. It is justified by the strategic collaboration of Hoya Group with Seiko Epson Corporation
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET,BY PRODUCT
- Diagnostic Devices
- Fundus Camera
- Optical Coherence Tomography Scanner
- Retinoscope
- Pachymeter Ophthalmoscope
- Biometer
- Others
- Surgical Equipment
- Refractive Error Surgery Equipment
- Glaucoma Surgery Equipment
- Cataract & Vitreoretinal Surgery Equipment
- Vision Care Devices
- Contact Lenses
- Spectacle Lenses
MARKET, BY REGION
- North America
- Europe
- Asia Pacific
- Rest of the World
MARKET, BY COUNTRY
- Further Breakdown of The North America Market
- U.S.
- Canada
- Further Breakdown of The Europe Market
- Germany
- France
- Rest of Europe
- Further Breakdown of The APAC Market
- India
- China
- Rest of APAC
- Further Breakdown of The Rest of the World Market
- Middle East and Africa
- Latin America
- Middle East and Africa
TABLE OF CONTENT
1. OPHTHALMIC DEVICES MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. OPHTHALMIC DEVICES KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. OPHTHALMIC DEVICES INDUSTRY STUDY
4.1. Company Activity Analysis
4.2. Regulatory Framework Analysis
4.3. Pipeline Analysis
4.4. Value Chain Analysis
5. OPHTHALMIC DEVICES MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. OPHTHALMIC DEVICES MARKET – BY PRODUCT:
6.1. Overview
6.2. Diagnostic Devices
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.3. Fundus Camera
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.4. Optical Coherence Tomography Scanner
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.5. Retinoscope
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.6. Pachymeter Ophthalmoscope
6.2.6.1. Overview
6.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.7. Biometer
6.2.7.1. Overview
6.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.8. Others
6.2.8.1. Overview
6.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Surgical Equipment
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.3. Refractive Error Surgery Equipment
6.3.3.1. Overview
6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.4. Glaucoma Surgery Equipment
6.3.4.1. Overview
6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.5. Cataract & Vitreoretinal Surgery Equipment
6.3.5.1. Overview
6.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Vision Care Devices
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.3. Contact Lenses
6.4.3.1. Overview
6.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.4. Spectacle Lenses
6.4.4.1. Overview
6.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. OPHTHALMIC DEVICES MARKET– BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.3. U.S.
7.2.3.1. Overview
7.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.4. Canada
7.2.4.1. Overview
7.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Europe
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.3. France
7.3.3.1. Overview
7.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.4. Germany
7.3.4.1. Overview
7.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.5. Rest of Europe
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Asia Pacific (APAC)
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.3. China
7.4.3.1. Overview
7.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.4. India
7.4.4.1. Overview
7.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.5. Rest of APAC
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Rest of the World
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.3. Latin America
7.5.3.1. Overview
7.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.4. Middle East and Africa
7.5.4.1. Overview
7.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Ziemer Ophthalmic
8.1.1. Company Overview
8.1.2. SWOT Analysis
8.1.3. Key Developments
8.2. Nidek
8.2.1. Company Overview
8.2.2. SWOT Analysis
8.2.3. Key Developments
8.3. Johnson & Johnson
8.3.1. Company Overview
8.3.2. SWOT Analysis
8.3.3. Key Developments
8.4. Bausch & Lomb, Inc.
8.4.1. Company Overview
8.4.2. SWOT Analysis
8.4.3. Key Developments
8.5. Alcon, Inc.
8.5.1. Company Overview
8.5.2. SWOT Analysis
8.5.3. Key Developments
8.6. Abbott
8.6.1. Company Overview
8.6.2. SWOT Analysis
8.6.3. Key Developments
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. Abbreviations
10.3. Disclaimer
10.4. Contact Us
