An overview of conceptual frameworks, analytical approaches of the Ophthalmic Equipment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Ophthalmic Equipment market is expected to grow with a significant rate in the near future. The global Ophthalmic Equipment market in 2020 is estimated for more than US$ 57,117.7 Mn and expected to reach at a value of US$ 81,070.3 Mn by 2028 with a significant CAGR of 4.5%. The base year considered for the study is 2019, and the market size is projected from 2020 to 2028.
Ophthalmic Equipment Market Dynamics
The rising prevalence of eye disorders and diseases among the masses, especially increasing incidence of cataract and glaucoma, is majorly boosting the growth of the global ophthalmic equipment market in the near future. In addition to that, the rapid increase in the elederly population across the world as well as screen-bound jobs of most of the working population in the present day world is further pushing the growth of the eye disorders among the population, thus augmenting the growth of the global ophthalmic equipment market.
However, the stringent rules and guidelines which need to be followed during the cataract and refractive surgeries may limit the market growth in the near future.
Ophthalmic Equipment Market Key Players
Alcon Inc., Essilor International S.A, Johnson & Johnson Vision, BAUSCH + LOMB Incorporated, Topcon Corporation, Carl Zeiss Meditec AG, NIDEK CO., LTD, STAAR Surgical Company, HOYA Corporation, Ziemer Ophthalmic Systems AG, and among others.