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Ophthalmic Instrument Manufacturing - Industry Market Research Report

Ophthalmic Instrument Manufacturing

Over the five years to 2019, the Ophthalmic Instrument Manufacturing industry has benefited from a progressively aging US population, as eye problems closely associated with age, such as macular degeneration, cataracts, glaucoma and diabetic retinal disease, have led to a rise in ophthalmic surgeries, which increased demand for ophthalmic equipment sold by this industry. In addition, advancing age has sent an increasing number of seniors to optometrists to seek corrections for common refractive eye disorders, such as nearsightedness. A projected continuation of these trends, namely the aging US population, technological advancements in corrective vision procedures and strong demand from overseas markets are expected to support the industry over the five years to 2024. Industry growth will be slightly limited by stagnation in the number of people with private health insurance, brought on by changes in healthcare legislation. However, these changes will have a relatively small impact on vision insurance, keeping any threats to industry revenue minimal.

This industry manufactures ophthalmic diagnostic instruments and surgical equipment used in eye-related medical procedures. Examples of diagnostic equipment include optical coherence tomography scanners, ophthalmic ultrasound systems, cameras, scopes, tonometers and lighting equipment. Examples of surgical equipment include ophthalmic lasers, as well as cataract, glaucoma, refractive and other surgery devices.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Number of adults aged 65 and older
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players (Market Share)
    • Table Alcon Inc. (US industry-specific segment) - financial performance*
    • Table Carl Zeiss Meditec Group (US industry-specific segment) - financial performance*
    • Table Johnson & Johnson (US industry-specific segment) - financial performance*
    • Table Bausch Health Companies Inc. (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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