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2023 Ophthalmic Devices Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players Luxottica Group S.p.A., Johnson & Johnson, Hoya Corporation, CooperVision AG, Bausch Health
Ophthalmic Devices Market
As per the Ophthalmic Devices market report by The Business Research Company, The femtosecond laser is increasingly being used in cataract surgeries as it provides greater precision than traditional surgical methods.
The global ophthalmic devices market grew from $36.36 billion in 2022 to $39.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ophthalmic devices market is expected to grow to $51.12 billion in 2027 at a CAGR of 6.8%.
Read More On The Ophthalmic Devices Market Report Here:
https://www.thebusinessresearchcompany.com/report/ophthalmic-devices-global-market-report
Major competitors in the Ophthalmic Devices market include Luxottica Group S.p.A., Johnson & Johnson, Hoya Corporation, CooperVision AG, Bausch Health, Companies Inc., Carl Zeiss AG, Flex Ltd., Nidek Co. Ltd., Topcon Corporation, and Rostec State Corporation.
The Ophthalmic Devices market is segmented -
• By Type: Vision Care Devices And Equipment, Cataract Surgery Devices And Equipment, Refractive Surgery Devices And Equipment, Diagnostic And Monitoring Ophthalmic Devices And Equipment
• By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
• By Type of Expenditure: Public, Private
• By Product: Instruments/Equipment, Disposables
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ophthalmic Devices market.
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Ophthalmology is a branch of science that deals with the structure, function of eyes. Ophthalmic devices are used in the diagnosis and treatment of eye related diseases.
The Table Of Content For The Ophthalmic Devices Market Include:
1. Executive Summary
2. Report Structure
3. Ophthalmic Devices Market Characteristics
4. Ophthalmic Devices Market Product Analysis
5. Ophthalmic Devices Market Supply Chain
……….
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Ophthalmic Devices Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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Ophthalmology is a branch of medical sciences that deals with the structure, function, and various eye diseases. The ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. These devices gain increased importance and adoption due to high prevalence of various ophthalmic diseases such as glaucoma, cataract, and other vision related issues.
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Increase in prevalence rate of eye related diseases such as glaucoma, cataract,…
