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A01303 | Pages: 280 | Charts: 59 | Tables: 136 |
Market Introduction and Definition
The global ophthalmology devices market was valued at $7.1 billion in 2023, and is projected to reach $11.6 billion by 2033, growing at a CAGR of 5.1% from 2024 to 2033. The major factors driving the growth of the ophthalmology devices market are increase in prevalence of eye diseases such as cataracts and age-related macular degeneration, and technological advancements, including innovations in laser surgery and imaging systems. In addition, the rise in geriatric population, surge in awareness of eye health, and development of healthcare infrastructure drive the growth of the market.
Ophthalmology devices play a crucial role in both surgical procedures and diagnostic practices, addressing a range of eye conditions and diseases. Ophthalmic devices are specialized medical instruments used for diagnosing, treating, and managing various eye conditions and diseases. These devices range from diagnostic tools like ophthalmoscopes and slit lamps, which allow ophthalmologists to examine the internal structures of the eye, to therapeutic instruments such as lasers and surgical equipment used in procedures for correcting vision or treating conditions like glaucoma, cataracts, and retinal disorders. In addition, ophthalmic devices include optical coherence tomography (OCT) systems, which provide detailed imaging of the retina, and automated visual field analyzers that assess a patient's peripheral vision.
Key Market Segments
Key Market Players