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Ophthalmology Devices Market

Ophthalmology Devices Market Market Research Report – Segmented By Product (Diagnostic And Monitoring Devices, Ophthalmology Surgery Devices, Vision Care) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Ophthalmology Devices Market was valued at US $50.99 billion in 2021 and is projected to grow at 4.92% CAGR over the forecast period to reach US $68.00 billion by 2027. Ophthalmology Devices Market represented US $4.67 billion opportunity over 2019-2021 and estimated to create US $17.01 billion opportunity in 2027 over 2021.

Ophthalmology Devices Market Size (2019 - 2027), USD billion

Ophthalmology Devices from Consainsights analyses the Ophthalmology Devices Market in the Life Sciences industry over the forecast period to 2027.

Ophthalmology Devices research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Ophthalmology Devices segmentation includes Product and Geography.

Based on the Product, the Ophthalmology Devices analysis covers Diagnostic And Monitoring Devices, Ophthalmology Surgery Devices, Vision Care.

In Product segment, Diagnostic And Monitoring Devices segment has highest cagr growth of 4.36%.

Revenue Share (%), By Product (2021)

Based on the region, the Ophthalmology Devices analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Abbott Medical Optics, Inc., Alcon, Inc., Bausch & Lomb, Inc., Carl Zeiss Meditec Ag, Essilor International S.A., Johnson & Johnson, Haag-streit Group, Nidek Co., Ltd., Topcon Corporation, Ziemer Ophthalmic Systems Ag and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product

Introduction

In 2021, Diagnostic And Monitoring Devices segment has the highest revenue of US $28.67 billion and is expected to grow at CAGR of 4.36% by 2027 Diagnostic And Monitoring Devices segment has highest cagr growth of 4.36%.

Ophthalmology Devices Market Y-o-Y Growth (USD billion), By Product 2019 - 2027
Ophthalmology Devices Market Size, By Product, 2019-2027 (USD billion)

Diagnostic And Monitoring Devices

Diagnostic And Monitoring Devices segment was valued at US $26.05 billion in 2019 and is projected to grow at 4.36% CAGR over the forecast period to reach US $38.24 billion by 2027. Diagnostic And Monitoring Devices segment represented US $2.62 billion opportunity over 2019-2021 and estimated to create US $9.57 billion opportunity in 2027 over 2021.

Diagnostic And Monitoring Devices - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Ophthalmology Surgery Devices

Ophthalmology Surgery Devices segment was valued at US $11.72 billion in 2019 and is projected to grow at 4.36% CAGR over the forecast period to reach US $17.21 billion by 2027. Ophthalmology Surgery Devices segment represented US $1.18 billion opportunity over 2019-2021 and estimated to create US $4.31 billion opportunity in 2027 over 2021.

Ophthalmology Surgery Devices - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Vision Care

Vision Care segment was valued at US $8.55 billion in 2019 and is projected to grow at 4.36% CAGR over the forecast period to reach US $12.56 billion by 2027. Vision Care segment represented US $0.86 billion opportunity over 2019-2021 and estimated to create US $3.14 billion opportunity in 2027 over 2021.

Vision Care - Historical, Forecast Market Sizes (USD billion), 2019 - 2027