Key Trends Influencing the Growth of the Diagnostic And Monitoring Ophthalmic Devices And Equipment Market in 2025: Innovative Advances In Ophthalmic Diagnostic And Monitoring Equipment

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Diagnostic And Monitoring Ophthalmic Devices And Equipment Market Through 2025?
The market size for diagnostic and monitoring eye devices and equipment has been on a strong growth trajectory in the past few years. The market, which had a value of $4.88 billion in 2024, is expected to increase to $5.14 billion in 2025, showing a compound annual growth rate (CAGR) of 5.3%. The robust growth during this historical period is associated with factors such as an increase in the elderly population, advancements in eye imaging technology, rising instances of eye illnesses, and the growing diabetes outbreak.

What's the Projected Size of the Global Diagnostic And Monitoring Ophthalmic Devices And Equipment Market by 2029?
In the coming years, the market size of diagnostic and monitoring ophthalmic devices and equipment is projected to achieve consistent growth. A compound annual growth rate (CAGR) of 4.8% will drive its value to $6.21 billion by 2029. Factors contributing to this growth during the forecast period include the expansion of emerging markets, advancement in telemedicine and teleophthalmology, value-based healthcare, and support and reimbursement from regulatory bodies. The period is also expected to see major trends such as integration of artificial intelligence (AI), the rise in portable and handheld devices, home monitoring solutions, and the adoption of 3D and wide-field imaging.

View the full report here:
https://www.thebusinessresearchcompany.com/report/diagnostic-and-monitoring-ophthalmic-devices-and-equipment-global-market-report

Top Growth Drivers in the Diagnostic And Monitoring Ophthalmic Devices And Equipment Industry: What's Accelerating the Market?
The rising prevalence of diabetes is set to boost the expansion of diagnostic and monitoring equipment in the ophthalmic devices market. Diabetes, a long-term health condition that occurs when the body is unable to effectively utilise or generate sufficient insulin, a hormone that controls blood sugar levels, is on the rise. Ophthalmic devices such as smart contact lenses, which belong to the diagnostic and monitoring equipment category, can be employed for both constant glucose monitoring and diabetic retinopathy treatment. These devices can track glucose levels wirelessly and provide instantaneous data to the user. For example, between March 2022 and March 2023, the proportion of individuals with type 1 diabetes receiving all eight advised care processes increased by 22% and for type 2 diabetes, it increased by 21%, as per the UK-based government department, the Office for Health Improvement & Disparities, in March 2024. Furthermore, the percentage reaching target HbA1c levels escalated to 37.9%, the highest level ever reported by the National Diabetes Audit (NDA). Consequently, the rising prevalence of diabetes is fuelling the growth of diagnostic and monitoring tools in the ophthalmic devices market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3800&type=smp

What Are the Key Trends Driving Diagnostic And Monitoring Ophthalmic Devices And Equipment Market Growth?
Leading businesses in the ophthalmic devices market, specifically the diagnostic and monitoring equipment segment, are creating innovative solutions like Smart contact lenses with the aid of smart soft contact lens technology to enhance patient care. This is a new technology that allows constant monitoring of intraocular pressure (IOP) for those affected by glaucoma, spanning over a 24-hour period. For example, in January 2023, a corporation based in the US known as BVS Sight Inc. made a foray into this technology by launching their Smart contact lenses. These smart soft contact lenses have been developed using existing commercial brands of soft contact lenses, while ensuring that their inherent features like lens strength, compatibility with biological systems, softness, clarity, moistness, oxygen permeability, and suitability for overnight use remain unaltered.

What Are the Main Segments in the Diagnostic And Monitoring Ophthalmic Devices And Equipment Market?
The diagnostic and monitoring ophthalmic devices and equipment market covered in this report is segmented -

1) By Product Type: Optical Coherence Tomographers, Ophthalmic Ultrasound Imaging Systems, Fundus Cameras, Ophthalmoscopes, Keratometers, Specular Microscopes., Tonometers, Slit Lamps, Retinoscopes, Other Products
2) By Application: Retinal Evaluation, Glaucoma Detection And Monitoring, Surgical Evaluation, General Examine, Intraoperative Devices, Refraction Equipment
3) By End User: Hospitals, Clinics, Diagnostic Laboratories, Research Centers

Subsegments:
1) By Optical Coherence Tomographers: Time-Domain OCT (TD-OCT), Spectral-Domain OCT (SD-OCT), Swept-Source OCT (SS-OCT)
2) By Ophthalmic Ultrasound Imaging Systems: B-Scan Ultrasound, A-Scan Ultrasound, Pachymetry Ultrasound
3) By Fundus Cameras: Digital Fundus Cameras, Non-Mydriatic Fundus Cameras, Mydriatic Fundus Cameras, Wide-Field Fundus Cameras
4) By Ophthalmoscopes: Direct Ophthalmoscopes, Indirect Ophthalmoscopes
5) By Keratometers: Manual Keratometers, Automated Keratometers
6) By Specular Microscopes: Contact Specular Microscopes, Non-Contact Specular Microscopes
7) By Tonometers: Applanation Tonometers, Non-Contact Tonometers, Indentation Tonometers, Rebound Tonometers
8) By Slit Lamps: Manual Slit Lamps, Digital Slit Lamps, Portable Slit Lamps
9) By Retinoscopes: Handheld Retinoscopes, Tabletop Retinoscopes
10) By Other Products: Dioptometers, Optotype Projector, Perimeters (Static Perimeters, Kinetic Perimeters), Biometers (Optical Biometers, Ultrasound Biometers), Pachymeters, Autorefractors Or Phoropters, Corneal Topographers, Wavefront Aberrometers

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3800&type=smp

Which Top Companies are Driving Growth in the Diagnostic And Monitoring Ophthalmic Devices And Equipment Market?
Major companies operating in the diagnostic and monitoring ophthalmic devices and equipment market include Carl Zeiss Meditec, Alcon Inc., Bausch + Lomb, Haag-Streit, Topcon Corporation, Nidek Co. Ltd., Abbott Medical Optics, Johnson and Johnson Vision Care, Essilor International S.A, Ziemer Ophthalmic Systems AG, STAAR Surgical Company, Ellex, Quantel Medical Inc, Optovue, Canon Inc., Halma plc, Coburn Technologies Inc., Kowa Company Ltd., AMETEK Inc., AbbVie Inc., Hoya Corporation, Ridex Corporation, CIBA Vision Corporation, CooperVision, Gulden Ophthalmics, Glaukos Corporation, FCI Ophthalmics, Matronix India Corporation, HEINE Optotechnik, Visionix Ltd., Neo Vision, Clear Lab, Appasamy Associates, Ophtec BV, Lumenis, Intuvision Labs, Ocular Instruments, Ophthalmic Instruments Company, Keeler Ltd., Oculus, Reichert Technologies, Tomey Corporation, US Ophthalmic

Which Regions Will Dominate the Diagnostic And Monitoring Ophthalmic Devices And Equipment Market Through 2029?
North America was the largest region in the global diagnostic and monitoring ophthalmic devices and equipment market in 2024. Asia-Pacific was the second-largest region in diagnostic and monitoring ophthalmic devices and equipment market. The regions covered in the diagnostic and monitoring ophthalmic devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3800

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.