Market Research Logo

Global Ophthalmology Devices Market 2018-2022

Global Ophthalmology Devices Market 2018-2022

About Ophthalmology Devices

An ophthalmology device is a medical device used to identify, diagnose, and treat a defect of an individual's visual pathway. These devices are mainly used for people who have ophthalmic disorders such as glaucoma, cataract, retinal disorders, dry-eyes, myopia, hypermetropia, and presbyopia. Ophthalmology devices help pre-exam, diagnose, and treat the ocular diseases.

Technavio’s analysts forecast the global ophthalmology devices market to grow expected to grow to USD 84.16 billion during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global ophthalmology devices market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of ophthalmology devices.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Ophthalmology Devices Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carl Zeiss Meditec
  • Essilor
  • HOYA
  • Johnson & Johnson
  • NIDEK
  • Novartis
  • TOPCON
  • Valeant Pharmaceuticals International
Market driver
  • Increasing number of eye disorders
  • For a full, detailed list, view our report
Market challenge
  • High cost associated with ophthalmology devices and procedures
  • For a full, detailed list, view our report
Market trend
  • Increasing number of strategic M&A
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Ophthalmology Devices Market 2018-2022

Technavio recognizes the following companies as the key players in the global ophthalmology devices market: Carl Zeiss Meditec, Essilor, HOYA, Johnson & Johnson, NIDEK, Novartis, TOPCON, Valeant Pharmaceuticals International.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing number of strategic M&A. There is high market opportunity in ophthalmology devices market owing to which many large companies are focusing to increase their product range and expand their presence in the market through M&A. In the recent years, few significant acquisitions took place in the market. Due to presence of many large and small vendors there is intense competition among the market players; hence, companies are focusing to increase product differentiation, develop products with advanced technology, and form collaboration with more number of end users.”

According to the report, one of the major drivers for this market is Increasing number of eye disorders. There is an increasing incidence of eye diseases such as AMD, diabetic eye disease such as glaucoma and diabetic retinopathy, cataract, corneal scarring, tumor in eye, trauma, retinitis, refractive error, keratitis, uveitis, and blepharitis. These diseases require diagnosis, and in some cases patients may have to undergo surgical procedures. The increasing number of eye disorders will increase the demand for surgical, diagnostic, and vision care devices, which will drive the market growth. The availability of reimbursement in developed countries in Canada, the US, the UK, and Germany for the treatment of such eye disorders will accelerate the demand for ophthalmology devices, accelerating the market growth.

Further, the report states that one of the major factors hindering the growth of this market is High cost associated with ophthalmology devices and procedures. The high price of ophthalmology devices and excessive cost associated with large equipment or devices such as LASIK and OCT systems have increased the cost burden for end users. The end-users such as hospitals and ophthalmology clinics and ASCs have a limited budget allocation for procurement of medical devices. Owing to the high cost of ophthalmology devices procedures, some end users and patients fail to accommodate these expensive devices in their budget allocation, significantly affecting the adoption rate of expensive ophthalmology devices.

Companies Mentioned

Carl Zeiss Meditec, Essilor, HOYA, Johnson & Johnson, NIDEK, Novartis, TOPCON, Valeant Pharmaceuticals International.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global medical devices market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global ophthalmology devices market segments
  • Market sizing
    • Market definition
      • Table Global ophthalmology devices market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global ophthalmology devices market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global ophthalmology devices market - Market size and forecast 2017-2022 ($ bn)
      • Table Global ophthalmology devices market- Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Global vision care - Market size and forecast 2017-2022
      • Table Global vision care - Market size and forecast 2017-2022 ($ bn)
      • Table Global vision care - Year over year growth 2018-2022 (%)
    • Global ophthalmology surgical devices - Market size and forecast 2017-2022
      • Table Global ophthalmology surgical devices - Market size and forecast 2017-2022 ($ bn)
      • Table Global ophthalmology surgical devices - Year over year growth 2018-2022 (%)
    • Global ophthalmology diagnostic devices - Market size and forecast 2017-2022
      • Table Global ophthalmology diagnostic devices - Market size and forecast 2017-2022 ($ bn)
      • Table Global ophthalmology diagnostic devices - Year over year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global ophthalmology devices market by end-users (%) in 2017
    • Hospitals and ophthalmology clinics
    • Optical retail centers
    • ASCs
  • Regional landscape
    • Geographical segmentation
      • Table Global ophthalmology devices market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Global ophthalmology devices market: Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year over year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Global ophthalmology devices market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Market impact analysis: Increasing number of eye diseases in few regions
      • Table Market impact analysis: Product launches
    • Market challenges
  • Market trends
    • Increasing number of strategic M&A
      • Table Market impact analysis: Strategic M&A
      • Table Market impact: Upcoming M&A
    • Increasing number of partnerships
    • Focus on promotional sales
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
      • Table Competitive structure analysis of global ophthalmology devices market 2017
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Carl Zeiss Meditec
      • Table Carl Zeiss Meditec - Overview
      • Table Carl Zeiss Meditec: Business segments
      • Table Carl Zeiss Meditec: Organizational developments
      • Table Carl Zeiss Meditec: Geographic focus
      • Table Carl Zeiss Meditec: Segment focus
      • Table Carl Zeiss Meditec: Key offerings
      • Table Carl Zeiss Meditec: Key customers
    • Essilor
      • Table Essilor: Overview
      • Table Essilor: Business segments
      • Table Essilor: Organizational developments
      • Table Essilor: Geographic focus
      • Table Essilor: Segment focus
      • Table Essilor: Key offerings
      • Table Essilor: Key customers
    • HOYA
      • Table HOYA: overview
      • Table HOYA: Business segments
      • Table HOYA- Organizational developments
      • Table HOYA - Geographic focus
      • Table HOYA - Segment focus
      • Table HOYA: Key offerings
      • Table HOYA: Key customers
    • Johnson & Johnson
      • Table Johnson & Johnson: Overview
      • Table Johnson & Johnson: Business segments
      • Table Johnson & Johnson: Organizational developments
      • Table Johnson & Johnson: Geographic focus
      • Table Johnson & Johnson: Segment focus
      • Table Johnson & Johnson: Key offerings
      • Table Johnson & Johnson: Key customers
    • NIDEK
      • Table NIDEK: Overview
      • Table NIDEK: Business segments
      • Table NIDEK: Organizational developments
      • Table NIDEK - Geographic focus
      • Table NIDEK - Segment focus
      • Table NIDEK: Key offerings
      • Table NIDEK: Key customers
    • Novartis
      • Table Novartis: Overview
      • Table Novartis: Business segments
      • Table Novartis: Organizational developments
      • Table Novartis: Geographic focus
      • Table Novartis: Segment focus
      • Table Novartis: Key offerings
      • Table Novartis: Key customers
    • TOPCON
      • Table TOPCON - Overview
      • Table TOPCON: Business segments
      • Table TOPCON: Organizational developments
      • Table TOPCON - Geographic focus
      • Table TOPCON - Segment focus
      • Table TOPCON: Key offerings
      • Table TOPCON: Key customers
    • Valeant Pharmaceuticals International
      • Table Valeant Pharmaceuticals International overview
      • Table Valeant Pharmaceuticals International: Business segments
      • Table Valeant Pharmaceuticals International - Organizational developments
      • Table Valeant Pharmaceuticals International - Geographic focus
      • Table Valeant Pharmaceuticals International - Segment focus
      • Table Valeant Pharmaceuticals International: Key offerings
      • Table Valeant Pharmaceuticals International: Key customers
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report