Comprehensive Market Analysis on Ophthalmic Equipment Market projected to reach USD 89.6 Billion by 2030 | CAGR of 4.7% | Forecast period 2023-2030, published by MarketDigits

Ophthalmic Equipment Market Scope:
Market size value in 2023 - USD 65.2 Billion
Market size value in 2030 - USD 89.6 Billion
CAGR (2023-2030) - 4.7%
Forecast Period - 2023-2030
Segments Covered - Product, End User & Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Appasamy Associates Private Limited, BAUSCH + LOMB, BVI Medical, ZEISS Group, Devine Meditech, DORC Dutch Ophthalmic Research Center, FCI S.A.S., Haag-Streit Group, Lab Medica Systems Pvt. Ltd.

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Browse in-depth TOC on Ophthalmic Equipment Market
178-Tables
95-Figures
332-Pages

North America dominates the market for Ophthalmic Equipment Market
North America dominates the Ophthalmic Equipment Market, substantial growth is driven by technological advancements and a robust healthcare infrastructure. There's a notable increase in demand for high-end ophthalmic devices, driven by the rising prevalence of eye disorders and augmented healthcare expenditure. Additionally, strategic partnerships between industry players and healthcare providers amplify market penetration efforts.
In Europe, the adoption of advanced ophthalmic equipment is spurred by stringent regulatory frameworks and an ageing population. Market players prioritize innovation to meet regulatory standards and cater to the evolving needs of older demographics. Furthermore, initiatives aimed at expanding access to eye care services in rural areas contribute to market expansion.
The Asia-Pacific region emerges as a promising market, buoyed by rapid urbanization, improving healthcare infrastructure, and growing disposable incomes. Considerable investments in healthcare technologies foster the uptake of state-of-the-art ophthalmic equipment. Moreover, government initiatives addressing the burden of eye diseases play a pivotal role in driving market growth.

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Top Key Players Covered in the Report-
Advancing Eyecare, Appasamy Associates Private Limited, BAUSCH + LOMB, BVI Medical, ZEISS Group, Devine Meditech, DORC Dutch Ophthalmic Research Center, FCI S.A.S., Haag-Streit Group, Lab Medica Systems Pvt. Ltd, Marco, MicroSurgical Technology, OASIS Medical, Inc., Surgical Holdings, Visionix, others.

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Recent Developments-
In October 2023, Zeiss Medical Technology and Boehringer Ingelheim unveiled a long-term strategic partnership aimed at crafting predictive analytics for early identification of eye diseases and tailoring treatments for individuals to Prevent vision loss in cases of severe eye conditions. This collaboration amalgamates their proficiency in ophthalmological technology, data analytics, algorithm formulation, and treatment development.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-ophthalmic-equipment-market-projected-to-reach-usd-896-billion-by-2030

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