Ophthalmic diagnostic equipment are used to diagnose ocular deficiencies and deformities of eyes such as distorted vision, haloes, cataract, retinal disease, glaucoma, eyelid abnormalities, and refractive errors. Tonometer, specular microscopes, ophthalmoscopes, fundus cameras, visual field analyzers, and retinoscopes are some most commonly used ophthalmic diagnostic equipment. Increasing prevalence of eye disorders and vision loss have led to the introduction of new technologies, which is expected to accelerate the growth of the ophthalmic diagnostics equipment market. According to the Centers for Disease Control and Prevention (CDC), by 2050, around 7.32 billion people in the United States will have primary open angle glaucoma.
Thus, with the increasing prevalence of eye diseases, such as glaucoma and cataract, demand for ophthalmic diagnostics equipment is also increasing. For example, in May 2020, Bausch + Lomb announced the European launch of Extended Depth of Focus intraocular lens (IOL), LuxSmart, and a new monofocal IOL, LuxGood. Both feature preloaded delivery systems and Pure Refractive Optics (PRO) Technology. This in turn is also expected to augment the growth of the ophthalmic diagnostics equipment market. Moreover, the increasing prevalence of age-related macular degeneration (AMD) and increasing awareness among people about AMD (one of the leading causes of vision loss adults) is driving the market growth.
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The report provides a detailed analysis of the major market players along with an overview of their business, expansion plans, and strategies. The main actors examined in the report include:
Notal Vision, Inc., Topcon Corporation, Bausch + Lomb, ZEISS International, Ellex, Quantel Medical, Nidek Co., Ltd., Haag-Streit Group, Halma plc., Coburn Technologies Inc., and Kowa Company Ltd.
The report also examines the financial condition of large companies, including gross profit, revenue generation, sales volume, revenue, cost of sales, individual growth rate, and other financial metrics.
Ophthalmic Diagnostics Equipment Product Types, Applications, Regions, and End User Industries are the key market segments included in this study. The report speculates on the expected growth of various market segments by studying the current market position, performance, demand, production, sales, and growth prospects in the market.
The segmentation included in the report is beneficial for readers to capitalize on the selection of appropriate segments for the Ophthalmic Diagnostics Equipment sector and can help companies in deciphering the optimum business move to reach their desired business goals.
By Product Type:
- Fundus Cameras
- Retinal Ultrasound Imaging Systems
- Slit Lamps
- Optical Coherence Tomography (OCT)
- Corneal Topography Systems
By End User:
- Ambulatory Surgical Centers
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Ophthalmic Diagnostics Equipment Market Report Scope
The Ophthalmic Diagnostics Equipment Market report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Ophthalmic Diagnostics Equipment Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Ophthalmic Diagnostics Equipment Market.
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